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Government to form committees to find solutions for rising school tuition
Is the government is looking to regulate tuition fees at int’l schools, again? Prime Minister Sherif Ismail announced the formation…
Speed Round
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EFG Hermes tops January brokerage league tables
EFG Hermes tops January brokerage league tables. EFG Hermes closed January 2017 with a 18.8% market share, followed by CI…
List of 25 sectors which will receive incentives under new Investment Act
We have a list of industries that will qualify for investment incentives granted under the proposed Investment Act, and it…
1.2 mn Kramers purged as cabinet looks to make further moves on subsidies:
1.2 mn Kramers purged as cabinet looks to make further moves on subsidies: Some 1.2 mn welfare cheats have lost…
Suez Canal Authority suspends plan to collect shipping fees 3 years in advance
Sorry shipping lines, our reserves are good and we don’t need an advance on FX. The Suez Canal Authority has…
Foreign reserves up by USD 2.098 bn
Egypt’s foreign reserves rose to USD 26.363 bn in January, the CBE said in a statement, a gain of just…
Banque du Caire to increase shares to be listed to 30% from the 20% planned, eyes GDRs
IPO WATCH- The government is reportedly considering increasing the percentage of Banque du Caire shares set to be listed to…
PMI reading points to another month of worsening business conditions
Waiting for Godot: There is little evidence an economic recovery is underway, according to the Emirates NBD Egypt’s PMI reading,…
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