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IMF wants Egypt to raise interest rates to curb inflation
The IMF looks to be pushing Egypt to keep interest rates high in a bid to curb inflation. Egyptian policy…
Speed Round
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Aya Hijazi walks free
Egyptian-American charity worker Aya Hijazi was released from detention late on Tuesday, her lawyers told The Associated Press. A court…
Travel bookings for Hurghada see significant y-o-y growth rates
Hurghada sees significant growth in travel bookings in 1Q17: Travel bookings for Hurghada have seen significant growth rates during the…
Abraj Misr appoints Hany Mahmoud as development advisor; Vezeeta appoints Fawzy Abu Seif as General Manager for Egypt
MOVES- Real estate developer Abraj Misr has appointed former CIT Minister Hany Mahmoud to its board of directors, Al Mal…
Al Ahram chairman quits to protest interference by regulator
Al Ahram chairman quits to protest interference by new regulator: Al Ahram Chairman Ahmed El Naggar has resigned to protest…
Dr. Greiche looking to tap into African export market this year
Automotive directive, exports could drive growth at one of Egypt’s largest glass manufacturers: Glass manufacturer Dr. Greiche wants to grow…
Hero to begin exporting jam to the US next month
Hero Foods will begin shipping Vitrac jam to a food chain in the US market, Al Borsareports. Hero is targeting…
Rosatom says timing for signing Daba’a nuclear power plant contract is in Egypt’s hands
Agreements for the Daba’a nuclear power plant are ready for signing, Rosatom State Corporation General Director Alexey Likhachev said, according…
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