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EGPC wins court decision in France, no longer required to pay NATGAS EGP 250 mn
ENTERPRISE EXCLUSIVE- The French Court of Cassation has issued a verdict reversing a decision that had required state-owned Egyptian General…
FX reserves up to USD 31.1 bn
Reserves close-in on pre-2011 levels: The central bank’s foreign reserves increased to USD 31.13 bn at the end of May,…
Barclays is out of Africa
Barclays is out of Africa: Following the sale of its Egyptian unit, Barclays sold down on Thursday its stake in…
The global backlash against Donald Trump’s withdrawal from the Paris climate treaty has begun
The global backlash against Donald Trump’s withdrawal from the Paris climate treaty has begun: To the delight of his supporters,…
Jerry Garcia’s “Wolf” guitar fetches USD 1.9 mn in auction
The late Grateful Dead frontman Jerry Garcia's guitar “Wolf” was sold for USD 1.9 mn last week, according to the…
Three US Republican senators condemn new NGO Act, calling it “draconian” and “repressive”
Three US Republican senators criticized the newly ratified NGOs law, calling it a “draconian” and “repressive” crackdown on human rights,…
Shoukry meets with Sudanese Foreign Minister Ibrahim Ghandour
As if nothing ever happened, Sudan’s Foreign Minister Ibrahim Ghandour downplayed tensions between Sudan and Egypt, calling the relationship “sacred”…
State land reclamation efforts to continue, Ismail says
You can expect more land seizures in the days and weeks ahead: The state will continue to clear unlicensed development…
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