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FinMin ups discounts on consumer goods to boost spending
FinMin ups discounts on consumer goods to boost spending: Ration card holders will receive a 14% discount on goods covered…
United Bank sale on ice until covid has passed
M&A WATCH- United Bank sale on ice until we fully emerge from pandemic: The sale of state-owned United Bank to…
New “smart transportation” system, consumer facilities top stories on last night’s talk shows
We were finally treated to some econ news last night, as former IMF advisor Fakhry El Fiqi discussed yesterday’s foreign…
What we’re tracking on Tuesday, 8 September 2020
Good morning, friends, and welcome to hump day — get through today and we’re one day closer to the weekend.…
First post-covid EasyJet flight landed in Hurghada last week
Passengers on the first EasyJet flight to Hurghada since the pandemic began were given a grand reception on Wednesday after…
Egypt in the News on 6 September 2020
Rights issues continue to dominate the conversation on Egypt in the international press this morning, led by a Wall Street…
Export Subsidy Fund to pay out EGP 400 mn in overdue subsidies in September
The Export Subsidy Fund will dole out EGP 400 mn in export subsidies this month after inking 35 new agreements…
Egyptian economy grows at 3.5% clip in FY2019-2020
Egypt’s economy grew 3.5% in FY2019-2020, falling short of the 3.8% preliminary figure announced in July, Planning Minister Hala El…
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