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SkyPower’s USD 5 bn, 3 GW solar PV project gets green light from cabinet
INVESTMENT WATCH- The Ismail cabinet voted on Thursday to green-light a plan from Canada’s SkyPower to develop a 3 GW…
SPEED ROUND
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SPEED ROUND
Gov’t mulls maintaining electricity subsidies for an extra three years
Electricity subsidies might still be with us beyond 2019: The government is considering extending its timeline for the phase-out of…
Annual inflation falls to 29.7% in May
Inflation falls in May: Annual urban consumer headline inflation fell to 29.7% in May, down from 31.5% in April, according…
International news on 8 June 2017
If you’re feeling as worn-down as we are this morning at the near-midpoint of Ramadan, take heart that there are…
MAF could be acquiring French hypermarket chain Geant
Majid Al-Futtaim (MAF) is the frontrunner in the bid for a controlling stake in French hypermarket chain Geant, with the…
Sawiris loses four-year old legal battle over Djezzy against Algerian government
Naguib loses four-year old legal battle against Algerian government: An international court on Wednesday rejected OTMT Chairman Naguib Sawiris’ c.…
Turkey fast-tracks bill to deploy troops in Qatar
Qatar smackdown day 3. (Or: The best Ramadan soap opera we’ve ever watched.) Turkey’s parliament approved a bill allowing its…
Looks like the House will be postponing recess
It looks like the House will postpone its summer recess: The House of Representatives’ majority bloc, the Support Egypt Coalition,…
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