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Egypt considering rejecting 63k tonne shipment of Romanian wheat
This is not ergot-related: Egypt is considering rejecting a 63k tonne shipment of Romanian wheat in the port of Safaga,…
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Al Habtoor Group could invest in Al Alamein
INVESTMENT WATCH- The UAE’s Al Habtoor Group is eyeing potential investment in Al Alamein and could also sink more into…
EBRD, France’s Proparco offer USD 116 mn to finance Benban power plants
God bless the DFIs — EBRD, Proparco offer USD 116 mn to finance Benban power plants: The European Bank for…
Third USD 1 bn tranche of World Bank loan coming before year’s end
Third USD 1 bn tranche of World Bank loan coming before year’s end: The third and final USD 1 bn…
Egypt sells EUR 659.9 mn-worth of one-year T-bills
Egypt netted EUR 659.9 mn from the sale of one-year treasury bills on Monday, the CBE said according to Reuters.…
Omran appointed as interim head of EFSA, awaits parliament approval for full-time appointment
MOVES- Former EGX Chairman Mohamed Omran has been named interim head of the Egyptian Financial Supervisory Authority (EFSA) until the…
Egypt’s GDP expected to hit 5% by the end of FY2017-18
GDP growth is expected to hit 5% by the end of the current fiscal year, up from 4.1% in FY2016-17,…
Leaked emails allegedly show UAE’s ambassador to the US ridiculing Saudi Arabia
The UAE’s ambassador to the US — the eloquent and very sharp Youssef Otaiba — allegedly ridiculed Saudi Arabia in…
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