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CBE reserves end February at USD 26.541 bn
Egypt’s foreign reserves rose to USD 26.54 bn in February, the central bank said in a statement, marking a gain…
Speed Round
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Investment Minister Nasr discusses repercussions of stamp tax with EFSA, EGX
Nasr orders full report on stamp tax, including alternatives: Investment and International Cooperation Minister Nasr ordered a “full report” on…
EFSA greenlights CI Capital sale
The Egyptian Financial Supervisory Authority (EFSA) has given the green light to the sale of CI Capital to a consortium…
Electricity Ministry signs EUR 238 mn agreement with Siemens for six power transmission stations, nine-year maintenance contract for the new plants
The Electricity Ministry signed a EUR 238 mn agreement with Siemens to build six power transmission stations to help transport…
Five questions for Osama Bishai: The Orascom Construction boss on what you do after you inaugurate the world's two largest power plants.
The first phase of the Burullus (pictured above) and New Cairo power stations were inaugurated on Thursday by President Abdel…
The Weekend Recommendation
We’re taking a break this weekend from our usual format and taking a trip down Nostalgia Lane to revisit the…
Did militants try to attack the Grand Ethiopian Renaissance Dam?
How long before we get blamed? Ethiopia claims to have foiled a planned attack on the Grand Ethiopian Renaissance Dam…
President El Sisi’s statements on displacement of Coptic Christians
President Abdel Fattah El Sisi addressed the targeting of Coptic Christians inNorth Sinai by Islamist terrorists and the growing perception…
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