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Toyota is planning to increase its investment in Egypt in the next five years
Toyota is planning to increase its investment in Egypt in the next five years, Toyota Egypt’s CEO Ahmed Monsef told…
Speed Round
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Government keeps rice export ban in place
The Ismail government has decided to continue banning rice exports during the coming period until local consumption is fulfilled, Supply…
NTA to sign new contract for Cairo Metro Line 6 today with Canada’s Bombardier
In other metro news, the National Tunnels Authority (NTA) will sign a preliminary contract today for the Cairo Metro’s Line…
Metro ticket prices will not rise until Metro Line 3 is operational in 2020 -Transport Minister
No metro price hikes until 2020: The prices of metro tickets will not be rising in 2018 despite the increases…
Oil sector development should be completed by 2018 instead of 2021 -El Molla
Is the Oil Ministry reworking the timeline of its “Egypt as an energy hub” timeline? It appears that the Oil…
Inflation rates drop again in June
Inflation rates drop again in June: Egypt's core inflation rose to 31.95% year-on-year in June from 30.57% in May, according…
Other International news worth noting in brief include
Other International news worth noting in brief include: Iraqi Prime Minister Haider al-Abadi declared Mosul officially liberated of Daeshbags on…
Apache sells Canadian unit to focus on Egypt, US, North Sea
Apache sells Canadian unit to focus on Egypt, US, North Sea: Canadian oil producer Paramount Resources has made an offer…
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