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Egypt will not ban private sector imports of wheat this harvest season
Egypt will not ban the private sector from importing wheat while it buys up the local harvest, according to a…
House forms committee to study repercussions of port fees hike
House committee to study port fee hike: The House Transport Committee formed a committee to coordinate with maritime companies in…
Trade and Industry Ministry sees Egyptian exports rising to USD 34 bn by 2020
The Trade and Industry Ministry sees Egyptian exports rising to USD 34 bn by 2020 from a current figure of…
Egypt to cut IOC receivables in half within weeks -El Molla
Egypt will repay half of everything it owes international oil companies “within weeks,” Oil Minister Tarek El Molla said, according…
Careem looking for acquisition opportunities, considering IPO
Ridesharing service Careem is looking for acquisition opportunities and is considering an initial public offering but has no timeframe in…
Raya Contact Center issues ITF
IPO WATCH- Raya Contact Center (RCC) announced its intention to float (pdf) on the EGX. The company is just under…
Economic optimism increases in Egypt, tourism benefiting from devaluation, JLL report suggests
Economic optimism has increased and foreign investors are attracted to Egypt following the stabilization of EGP, according to real estate…
Saudi-Egyptian reconciliation formalized at Arab Summit
Saudi-Egyptian reconciliation at Arab Summit: With the cameras rolling, Saudi Arabia's King Salman invited President Abdel Fattah El Sisi to…
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