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Egypt seals USD 635 mn funding agreement with IFC for Benban solar power complex
Egypt seals USD 635 mn funding agreement with IFC for Benban solar power complex: Investment Minister Sahar Nasr signed a…
Speed Round
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Read a leaked copy of looks to be the executive regulations of the Investment Act
A copy of what appear to be the executive regulations to the Investment Act has leaked. The regs — on…
Universal Healthcare scheme to cover all of Egypt by 2032
CORRECTION- In Thursday’s issue we mistakenly said that the recently-passed Universal Healthcare plan is expected to cover all of Egypt…
Int’l news worth noting in brief
Other international news worth noting in brief this morning include: The US economy grew at 3% in 3Q17, outstripping projections…
Saudi to link Sinai industrial zone with Neom, international players to bid for project
IPO WATCH- Saudi Arabia plans to float shares in its USD 500 bn sci-fi robot-infested city Neom, Crown Prince Mohammed…
Trump administration places temporary restrictions on refugee cases from 11 MEA countries, including Egypt
Trump administration places temporary restrictions on refugee cases from 11 MEA countries, including Egypt: US President Donald Trump decided on…
El Sisi appoints Mohamed Farid Hegazy chief of staff of the Armed Forces, Interior Ministry announces shakeup
MOVES- President Abdel Fattah El Sisi appointed Gen. Mohamed Farid as new chief of staff of the Armed Forces yesterday, replacing Gen.…
SMEs struggling to find funding under current interest rates
Keep an eye on SME exposure: A number of small factories have shut down recently because of their inability to…
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