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Arafa Holding looking to expand exports to the US -Bloomberg
Arafa Holding plans to expand sales to the US, supported by the drop in the EGP’s value, Ahmed Feteha and…
Speed Round
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Egypt’s trade deficit down by 48% in January-April 2017
Egypt’s trade deficit fell 48% y-o-y in 4M2017 to USD 8.5 bn, Trade and Industry Minister Tarek Kabil said, Al…
NGOs bill signed into law
President Abdel Fattah El Sisi signed the new NGO bill into law yesterday, Al Shorouk reports. The bill, which was…
Government to draft legislation to govern slush funds and connect them to state coffers
State coffers to get a slice of slush funds: The Ismail cabinet signed off on a new law proposal on…
EFSA’s new regulations for brokerage firm holdings published in official gazette
EFSA’s new regulations for investment in securities brokerages have gone into effect: The Egyptian Financial Supervisory Authority (EFSA)’s new regulations…
House approves capital markets stamp tax, law criminalizing cheating in plenary session vote
House approves capital markets stamp tax and a law criminalizing cheating: The House of Representatives approved changes to the income…
Government earmarks extra EGP 46 bn for social security spending to combat price increases
The Ismail government has signed off on an EGP 46 bn social security package for FY2017-18, according to a statement…
Greece’s Energean to supply Israeli power companies from Karish, Tanin fields
Delek and Noble face first major challenge in Israel’s gas market: Greece's Energean Oil & Gas Group signed contracts to…
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