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Gov’t allegedly asked Uber, Careem to divulge real time data
Ride-sharing apps Uber and Careem were allegedly asked by the Sisi administration to divulge real-time user and driver data, writes…
Speed Round
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Elmenus closes USD 1.5 mn series A from Algebra Ventures
INVESTMENT WATCH- Food discovery platform Elmenus has closed a USD 1.5 mn Series A funding round with an investment from…
SkyPower’s USD 5 bn, 3 GW solar PV project gets green light from cabinet
INVESTMENT WATCH- The Ismail cabinet voted on Thursday to green-light a plan from Canada’s SkyPower to develop a 3 GW…
Gov’t mulls maintaining electricity subsidies for an extra three years
Electricity subsidies might still be with us beyond 2019: The government is considering extending its timeline for the phase-out of…
Annual inflation falls to 29.7% in May
Inflation falls in May: Annual urban consumer headline inflation fell to 29.7% in May, down from 31.5% in April, according…
International news on 8 June 2017
If you’re feeling as worn-down as we are this morning at the near-midpoint of Ramadan, take heart that there are…
MAF could be acquiring French hypermarket chain Geant
Majid Al-Futtaim (MAF) is the frontrunner in the bid for a controlling stake in French hypermarket chain Geant, with the…
Sawiris loses four-year old legal battle over Djezzy against Algerian government
Naguib loses four-year old legal battle against Algerian government: An international court on Wednesday rejected OTMT Chairman Naguib Sawiris’ c.…
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