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Social Welfare Act to allow Social Solidarity Ministry to start a pension fund
The Social Solidarity Ministry will establish a new pension fund if the draft Social Welfare Bill were to pass. The…
Speed Round
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EGP 145 bn for fuel subsidies in FY 2017-18 budget
Cabinet increases earmarks for fuel subsidy program in FY2017-18 budget: The cabinet economic group decided on Monday to increase the…
Thomson Reuters’ 1Q2017 investment banking league tables are out
Investment bankers aren’t doing quite as well as they did in early 2016, but don’t cry for them — 1Q2017…
Deutsche Bank takes a positive near-term outlook on economy
Deutsche Bank takes a positive near-term outlook on Egypt’s economy: The near-term outlook for Egypt is positive, bolstered by a…
Export orders in Egypt grew at record pace -PMI
New export orders growing at survey-record pace was the highlight of an otherwise disappointing May reading of yesterday’s Emirates NBD…
The aftermath of cutting ties with Qatar
Qatar’s Foreign Ministry issued a statement saying a move by Egypt, Saudi Arabia, the UAE, Bahrain and Yemen to cut…
International news on 5 June 2017
A handful of international stories worth a look on a slow news morning: Incumbent UK Prime Minister Theresa May is…
Government could hire private consultant to further study hike in port fees
Government to revisit East Port Said port fees? The government appears to be leaning towards hiring a neutral consultant to…
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