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Tourism revenues up 170% y-o-y in first seven months of the year
Tourism revenues have increased by 170% y-o-y in the first seven months of 2017, a government official told Reuters. Tourism…
Speed Round
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Egypt has cleared its FX backlog
Egypt has cleared its import, trade-finance FX backlog: In another milestone of the nascent economic recovery, Egypt has managed to…
IMF cuts growth forecast for Qatar
The IMF has cut its growth forecast for Qatar last week as a result of the trade embargo by GCC…
French Foreign Minister in Libya
French Foreign Minister Jean-Yves Le Drian was in Libya Monday to push for peace, Reuters reports. Le Drian is trying…
US says North Korea is “begging for war”
The Doomsday Clock inches closer to 12: North Korea’s test of what ot claims is a hydrogen bomb on Sunday…
Fairfax making waves in Africa
Fairfax liking Africa these days: Canada’s Fairfax Financial Holdings is willing to pump USD 386 mn into Afrisam Group Pty…
Governors to get more power to seize illegally occupied land
The Ismail cabinet is expected to approve granting governors greater leeway in evicting those illegally occupying state lands, official sources…
Trade Ministry extends wheat moisture limit of 13.5% for another nine months
In bid to diversify sources of wheat, Trade Ministry extends 13.5% moisture limit of 13.5% for another nine months: The…
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