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Inflation rate surges to 33% in July
Inflation surges in July: The annual urban headline inflation rate increased to 33% in July from 29.8% in June with…
Speed Round
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Qatar Airways looking into using airspace offered by boycotting countries
Qatar Airways is evaluating whether it will use air routes opened to it this week by Egypt, Saudi Arabia, UAE,…
Earnings Watch: Amer Group Holding
EARNINGS WATCH- Amer Group Holding’s net profit fell to EGP 63 mn in 1H2017, from EGP 75 mn in 1H2016,…
MasterCard appoints new regional head of marketing and comms
MOVES- Mastercard announced the appointment of Beatrice Cornacchia as Head of Marketing and Communications for Middle East and Africa. “The…
MPs pull the mother of gaffes when addressing the US
MPs pull the mother of gaffes when addressing the US: Now they’ve done it. It’s bad enough that MPs embarrass…
Egyptian public figures rally behind former Bib Alex chief in corruption case
A number of leading public figures signed a petition on Wednesday backing former Bibliotheca Alexandrina head Ismail Serageldin, who was…
Cabinet roundup
CABINET MEETING ROUNDUP- Prime Minister Sherif Ismail directed ministers to draft their fall legislative agenda. Other developments at yesterday’s rather…
Israeli gas routed to Egypt through Jordan?
Israeli firms developing the Leviathan gas field are trying to find a way around the financial disputes blocking their export…
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