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GAFI chairman Mohamed Khodeir gives details on the Investment Act
Incentives under the Investment Act will last for three years, Youm7quotes General Authority for Investment and Free Zones (GAFI) Mohamed…
Speed Round
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Remittances from Egyptian expats up by 15.4% y-o-y in December
Remittances from Egyptian expatriates rose 15.4% y-o-y in December 2016 to USD 1.6 bn from USD 1.4 bn last year,…
AMOC to issue GDRs
The Alexandria Mineral Oils Company (AMOC) board has approved converting 10% of the company’s shares into GDRs, Al Mal reported.…
Natural gas from East Med could supply Europe if disputes are resolved
Natural gas reserves in the East Mediterranean can fuel Europe, David Wainer writes in an evergreen story for Bloomberg. Looking…
Shoukry to meet EU foreign ministers, but there’s no refugee deal for Egypt on the table
Shoukry to meet EU foreign ministers, but there’s no refugee deal for Egypt on the table: Foreign Minister Sameh Shoukry…
Electricity prices set to increase in July
We’re all going to start paying more for electricity come July: The Electricity Ministry is repricing electricity following the increase…
Pats beat Falcons in first US Super Bowl overtime
New England Patriots come from behind to win (American) football Super Bowl once again: It looked like the Falcons would…
US appeals court rejects request to immediately reinforce travel ban
A US federal appeals court rejected the Justice Department’s request to immediately reinstate President Donald Trump’s travel ban on nationals…
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