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Government freezes negotiations with Singapore’s PSA International over contract term disagreements
Meanwhile, negotiations with Singapore’s PSA International over platform management at the East Port Said port ended after the latter insisted…
Speed Round
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Saudi-Egypt interconnection project tenders postponed to mid-April
“No political reasons for postponement”: The Egyptian Electricity Holding Company said it is postponing ruling on bids to the financial…
Protests break out across Egypt following El Moselhy’s cuts to bread point system
A wave of protests broke out in Alexandria, Kafr El Sheikh, Minya, Assiut, Giza, and Fayoum yesterday in opposition to…
Drop in EGP accelerating, interbank market stagnant
The drop in the FX rate is accelerating, Ihab Farouk writes for Reuters’ Arabic service. Demand for USD has been…
Finance Minister signs off on VAT executive regulations
VAT executive regulations are at hand: Finance Minister Amr El Garhy signed off on the executive regulations for the value-added…
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PSA Group finalizes agreement to buy GM’s European brands including Opel/Vauxhall
Peugeot-Citroen has reached an agreement with General Motors to buy its European unit, including the Vauxhall and Opel operations, BBC…
ODH appoints CFO, new members of executive management
MOVES- Orascom Development Holding appointed Ashraf Nessim as Chief Financial Officer and an Executive Management member after having already served…
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