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A 2017 wish list for the Egyptian economy
Haven’t made your 2017 wish list yet? Go steal veteran finance writer Patrick Werr’s. At the top of his list:…
New Armed Forces spokesman
MOVES- The Egyptian Army has a new spokesman as Col. Tamer Mahmoud El-Refai replaces Brig. Gen. Mohamed Samir. El-Refai is…
Mamish reappointed as Suez Canal head
MOVES- Admiral Mohab Mamish was reappointed as chairman of the Suez Canal Authority for a one-year term, Al Masry Al…
Kreuger resigns as Allianz Egypt head, Issa becomes new Chairman
MOVES- Antoine Issa, MENA CEO of Allianz, has been appointed chairman of the board of Allianz Egypt. He succeeds Udo…
State to continue subsidizing bread, Supply Minister says prices to remain fixed
The state will continue to subsidize bread in 2017, the price of which will remain unchanged at EGP 0.05 a…
Companies hike product prices by 10-40% at the start of the new year
New year, new pricing: A number of high-profile food and FMCG companies have raised prices by 10-40% for the new…
EFG Hermes tops Egyptian Exchange’s December, FY2016 league tables
Speaking of the EGX: EFG Hermes topped the bourse’s December 2016 league table with an 18.9% market share, followed by…
Was the EGX the best- or the worst-performing bourse in 2016?
Was the EGX the best- or the worst-performing bourse in 2016? In absolute terms, the EGX was up 74.1% (see…
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