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Water prices increased by as much as 50%
Prime Minister Sherif Ismail signed off yesterday on raising water prices by as much as 50%. Consumers across all consumption…
Speed Round
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IMF data prove electric cars are not just a passing fad
IMF data says electric cars aren’t just a fad. In a working paper, the Fund tracked the growth in electric…
Bin Salman announces Red Sea tourism megaproject
Resort tourism in KSA? Uh, sure — mocktails for all. Saudi Arabia’s Crown Prince Mohammed bin Salman announced the launch…
New national education plan to give thanaweya amma the boot as of 2018-19
Thanaweya amma to be replaced by new system starting 2018-19: The traditional thanaweya amma high school system will be replaced…
Housing Ministry gets a pass on the “one-stop shop” as well
Housing Ministry gets a pass on the “single window” for sale of state land: The new Investment Act appears to…
State-owned ACDIMA acquires United Pharma IV in EGP 320 mn transaction
M&A WATCH- The Arab Company for Drugs Industries & Medical Appliances (ACDIMA) has reportedly acquired 100% of United Pharma IV…
EFIC might not list Suez Fertilizers on EGX
Egyptian Financial and Industrial Company (EFIC) may call off the spinoff of subsidiary Suez Fertilizers, EFIC Chairman Ali El Sayad…
Listed food companies have seen their profits take a hit in 2Q2017 on the back of high inflation, interest rate hikes
Listed food companies have seen their profits take a hit in 2Q2017 on the back of high inflation, interest rate…
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