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The EGP will bounce, gov’t needs to make terms of IMF package public
The EGP will inevitably regain strength, but the government needs to win credibility first, Patrick Werr writes in The National.…
Speed Round
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Toyota Egypt will not recall Hilux, Fortuner models
Toyota Egypt will not recall Hilux, Fortuner models: A recall on Toyota Hilux and Fortuner models taking place in the…
QH to sell 100% of RVR -sources
Qalaa selling its stake in RVR? Qalaa Holdings is reportedly looking to sell most or all of its stake in…
Zohr is on track to start production by year’s end
The supergiant Zohr natural gas field will start production on schedule by the end of this year, Eni CEO Claudio…
MNOs will be given 4G spectrum in stages -CIT minister
Mobile network operators will be given their respective 4G spectra in “stages,” not in one go, CIT Minister Yasser El…
Cabinet approves purchasing domestic wheat at international prices
Gov’t to buy wheat from domestic farmers at international prices: Cabinet has approved a decision to purchase wheat from domestic…
Cabinet approves draft bankruptcy law
Cabinet has approved a draft bankruptcy and restructuring law, Al Masry Al Youm reported. Justice Minister Mohamed Hossam Abdel Rehim…
PMI falls again in December, caps off worst quarter on record
Spell not yet broken: PMI still signals decline. Egypt’s non-oil private sector continued to decline in December, as per the…
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