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CBE expects reserves to reach USD 28.5 bn in March
The Central Bank of Egypt expects FX reserves to jump to over USD 28.5 bn in March, since March 2011…
SPEED ROUND
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SPEED ROUND
REER appreciation unlikely to affect competitiveness
Egypt’s improved competitiveness is unlikely to be negatively affected by an expected appreciation of the EGP’s real effective exchange rate…
Gaza on the brink of war again -Shapiro
Once again, war is looming in Gaza, former US ambassador to Israel Daniel Shapiro writes for Bloomberg View. There are…
16 people wounded in a blast in Tanta
One policeman was killed and 15 people were wounded in a blast that struck a police training center in Tanta…
Mohamed Abdel Azim was appointed President of Khalda
MOVES- Appointments at state petroleum companies: Mohamed Abdel Azim was named president of Khalda Petroleum Company and vice-president at state…
Supreme Constitutional Court declares it illegal to freeze assets of bankrupt individuals
The Supreme Constitutional Court declared on Saturday that it is unconstitutional tofreeze the assets of bankrupt individuals, Al Mal says.…
Hyde Park launches EGP 15 bn residential projects
Hyde Park is launching two residential projects in New Cairo and on the North Coast worth a combined EGP 15…
EGP 5 bn in contracted sales targeted in 2017 -MNHD’s “Meet the Board”
Madinet Nasr for Housing and Development’s (MNHD) is on track to achieve its target of EGP 5 bn in contracted…
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