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Remittances up 11.1% y-o-y since float
Remittances from Egyptian expatriates have risen 11.1% y-o-y since the EGP float in the period from November 2016 to the…
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Egypt in dash to resolve pesticides “crisis” before November export season
Egypt in dash to resolve pesticides “crisis” before November export season: Faced with a fresh ban on agricultural exports on…
GE locomotives agreement increases domestic component to 50% from 35%
GE will use 50% domestic content in the 100 locomotives it is selling Egypt under a USD 575 mn contract…
Budget debate kicks off on floor of the House today as MPs gird for legislative dash to the finish before Eid
House budget debate to begin today, vote could take place as early as Tuesday: The House of Representatives’ general assembly…
Kabil postpones meeting with EU officials over automotive directive
Kabil postpones talks with EU officials on automotive directive: Trade and Industry Minister Tarek Kabil has postponed a planned visit…
Egypt to remove caps on USD deposits entirely soon -Jarvis
The central bank will remove caps on USD deposits entirely in “the coming months,” IMF Egypt mission chief Chris Jarvis…
International news of note on 18 June 2017
Six Egyptians are reportedly among the estimated 76 people missing in the fire that engulfed London’s Grenfell Tower last week,…
Court sentences 31 to death over the assassination of Prosecutor General Hisham Barakat
A Cairo Criminal sentenced 31 Islamists to death on Saturday for the 2015 assassination of Prosecutor General Hisham Barakat, the…
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