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Over 80% of all online news portals in Egypt are either on Twitter or Facebook
Arabic news portals are increasingly reliant on social media channels for distribution— the same plague that is eating up profits…
Speed Round
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10 solar power companies sign PPA with EETC for phase two of the feed-in tariff program
Ten solar power companies have signed power purchase agreements with the Egyptian Electricity Transmission Company for solar photovoltaic projects under…
Can North Africa emulate Asia’s flying geese paradigm?
What the [redacted] are “flying geese?” “North Africa is unlikely to produce its own flying geese in the short term,”…
“Unprecedented” volume of wheat bought from international market -Reuters
The scale of Egypt’s wheat purchases in July was “unprecedented,” Ehab Farouk writes for Reuters’ Arabic service. Egypt bought 20%…
CBE postpones plans to divest stake in United Bank
CBE delays plans to sell United Bank to next year: The Central Bank of Egypt has delayed plans to divest…
Qatar is turning down new LNG agreements for Egypt -traders
Is Qatar trying to squeeze Egypt on LNG? Qatar reportedly refused to sell LNG to third-party traders Qatar thought were…
Saudi Arabia hires Goldman Sachs to manage sale of stake in Riyadh airport -Reuters
In regional investment news, Saudi Arabia has reportedly hired Goldman Sachs to manage the sale of a stake in Riyadh…
Israel removes metal detectors from Al Aqsa mosque
Israel will remove the metal detectors it had in Jerusalem’s Al Aqsa Mosque, which had led to violent clashes that…
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