Gov’t greenlights EGP 120 bn subsidized loan program to support industry and agriculture
The 15% interest rate charged is nearly half the central bank's post-float 28.25% lending rate
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The 15% interest rate charged is nearly half the central bank's post-float 28.25% lending rate
The projects include Orascom’s EGP 13 bn industrial complex and DNM’s USD 40 mn denim factory
Foreigners now have until August to legitimize their residency
The SCZone head Walid Gamal El Din said the agreements signed are the first of 50 others in the works
Manufacturers are forced to source their USD needs at a higher rate from the parallel market
PM Madbouly has been visiting an industrial zone every month as part of a campaign to support local industry
The government’s soda ash project is still a go: The state-ownedcompany leading a project to build a soda ash complex…
Aton has struck gold in its Marawat concession in the Eastern Desert, where it has been prospecting since 2010
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