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Egypt, Philippines should be frontier markets -Mobius
Mobius thinks Egypt should be reclassified as frontier: Emerging markets icon Mark Mobius said he believes the Philippines and Egypt…
Speed Round
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Gov’t targets primary surplus next fiscal year, sees economic growth at 4.6%
The Finance Ministry made its budget proposal public yesterday (pdf, Arabic, 146 pp): The government is targeting a primary surplus…
Blast in Manchester kills 19, injures 50
A suspected bombing at an Ariana Grande performance in the UK city Manchester left 19 dead and at least 50…
House objects to raising water prices
The House of Representatives appears to be moving against raising water prices during discussions of the FY2017-18 budget, according to…
Tanmeyah studies adding mobile payments to its portfolio
Tanmeyah, one of the nation’s largest private-sector microfinance providers, is lookinginto introducing mobile payments to its platform as part of…
Ras Sudr icon Kiteloop razed on the order of Tourism Development Authority
Ras Sudr icon Kiteloop razed on the order of Tourism Development Authority; kitesurfing camp has loyal domestic and international following.…
Education Minister caps private school tuition increases at 14% next year, 7% every year after that
Tuition hikes at privately-owned international schools will be capped at 14% next school year and 7% every year thereafter, according…
RenCap praises rate hike, as Mobius, local investors disagree
Voices in the wilderness? The central bank’s decision to increase policy rates by 200 bps on Sunday is probably “good…
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