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Bread prices in Egypt to remain unchanged after July’s electricity price increases
The price of subsidized bread will remain unchanged despite the expected increase in costs when average electricity prices rise 15%…
EU lifts additional import control on Egyptian guavas
The EU has lifted additional import controls it placed on Egyptian guavas, according to an Agriculture Ministry statement. The move…
Egypt’s food safety watchdog completes updated whitelist of 112 approved food companies
The National Food Safety Authority (NFSA) has compiled a whitelist of 112 food and dietary supplement manufacturers and suppliers under…
Egypt’s cabinet selects winning consortium for 6 October-new capital monorail
CABINET WATCH- Cabinet has selected the winning consortium for the 6 October-new capital monorail, but hasn’t said who: The Madbouly…
Government expects EGP 17 bn revenues from raising electricity prices
Government expects EGP 17 bn revenues from higher electricity prices: The government is expecting to take in some EGP 17…
Egypt’s Misr Clearing to provide short selling platform
REGULATION WATCH- Regulator to give Misr Clearing key role in short selling: Misr for Central Clearing, Depository & Registry (MCDR)…
Egypt’s domestic debt rises 20% in 2018
Egypt’s domestic debt rose 20.25% y-o-y to EGP 4.1 tn at the end of December 2018 compared to EGP 3.4…
Electricity prices to rise an average of 15% in FY2019-2020
Electricity prices to rise an average of 15% in FY2019-2020: Average electricity prices will rise by 15% from 1 July,…
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