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Ain Sokhna-East Africa shipping line to open October 2020
The Public Enterprises Ministry announced a new shipping line from Ain Sokhna to East Africa that would serve six unspecified…
FinMin, Trade Ministry expand Egypt’s automotive incentives strategy to cover all industries
EXCLUSIVE- FinMin, Trade Ministry looking to expand automotive industry-style incentive strategy to other sectors: The finance, trade and industry ministers…
Cabinet denies reports suggesting Egypt’s home electricity prices will rise 30-60%
Gov’t (sort of) denies reports suggesting home electricity prices will rise 30-60%: The Madbouly Cabinet denied yesterday domestic press reports…
Egypt in the News on 15 May 2019
It’s another blessedly quiet morning for Egypt in the foreign press. A handful of headlines making the rounds: Bye, Cairo:…
Gov’t rolls out EGP 2.5 bn for Education Ministry to pay off urgent loans
BUDGET WATCH- The Finance Ministry has agreed to a EGP 2.5 bn increase in the Education Ministry’s FY2019-20 budget allocation…
NAT asks gov’t for allocation increase in FY2019-20 budget
The National Authority for Tunnels (NAT) has asked the government to increase its allocation in the FY2019-20 state budget to…
CNN releases teaser ad for tourism to Egypt
CNN has released a teaser for its promotional campaign for tourism in Egypt under its recently-signed partnership agreement with the…
AOI, Greater Cairo Water Company ink agreement to manufacture water pumps
The Arab Organization for Industrialization (AOI) and the Greater Cairo Water Company have signed an agreement to manufacture water pumps…
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