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Electricity Ministry begins setting new electricity prices for next fiscal year
In case you needed a reminder: Your electricity bills are going up again in July: Under orders from the Electricity…
Speed Round
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USD 4 bn eurobond issuance to take place in second week of February
The Finance Ministry will tap the market with a USD 4 bn eurobond issuance in the second week of February,…
Economist expect interest rates to drop by 500 bps in 2018
Economist expect interest rates to drop by 500 bps in 2018: Economist interviewed by Al Mal see the central bank…
House of Representatives passes Bankruptcy Act
LEGISLATION WATCH- The House of Representatives voted yesterday to approve the long-awaited Bankruptcy Act in a plenary session, Youm7 reports.…
US Senator John McCain slams Egypt’s “crackdown on human rights and democracy”
US Senator John McCain denounced a “crackdown on human rights and democracy under President Abdel Fattah El Sisi.” McCain, who…
Talks to resume Russian flights to Sharm El Sheikh and Hurghada in April, ambassador says
Russia and Egypt will begin talks on resuming charter flights to Sharm El Sheikh and Hurghada in April, Egyptian Ambassador…
Egypt, Sudan agree to “overcome misunderstandings”
President Abdel Fattah El Sisi and Sudanese President Omar Al Bashir met yesterday in Addis Ababa, during which they held…
Cairo Poultry gets nod for 2,750 feddans for EGP 1.1 bn poultry farm
Cairo Poultry gets nod on 2,750 feddans for EGP 1.1 bn poultry farm: The Cairo Poultry Company has received the…
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