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Orascom Hotels and Development now called Orascom Development Egypt
Orascom Hotels and Development’s EGM voted yesterday to change the name of the company to Orascom Development Egypt, according to…
Speed Round
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Elmenus.com to expand in new African, Middle Eastern markets in 2018
Food discovery platform Elmenus is planning on expanding to new markets in Africa and the Middle East next year, CEO…
MNOs receive 4G frequencies, service to run in two months’ time
Thank God almighty, 4G frequencies are here at last? Egypt’s mobile network operators reportedly received their 4G frequencies on Wednesday,…
PepsiCo invested USD 1 bn in Egypt last two years -Shelbaya
PepsiCo has invested USD 1 bn in Egypt over the past two years, the company’s general manager for Egypt, Mohamed…
Export Development Canada financing GE locomotive agreement, Ministry to get USD 45 mn from “sovereign security entity” to develop railways
Canadian export credit agency Export Development Canada is financing 85% of GE’s USD 575 mn sale of 100 locomotives to…
Government expects next tranche of the IMF loan next month -Sherif Ismail
The Ismail government expects to receive the second tranche of the IMF’s USD 12 bnextended fund facility next month, Prime…
Health Ministry could impose price controls on private hospitals based on their service quality
The Health Ministry is mulling the imposition of price controls on private hospitals: The Health Ministry has apparently finished reviewing…
House signs off on budget in record timing
In a dash to get to Eid break, the House has signed off on the budget in record time: The…
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