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Cabinet raises wheat prices, approves agreements with Djibouti, China, and others in weekly meeting
The Ismail cabinet witnessed the signing of a USD 150 mn agreement with the UK, which UK Foreign Minister Boris…
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Mashreq Bank sees greater opportunity in Egypt since the EGP float in November
Mashreq Bank sees greater opportunity in Egypt since the EGP float in November and the country’s subsequent move to secure…
Naeem Holding to launch first Egyptian real estate fund with EGP 1 bn investments
Naeem Holding to launch EGP 1 bn real estate fund: Naeem Holding for Investments received approval from the Egyptian Financial…
Steel producers promised lower gas prices come December, head of FEI’s steel division says
Zohr is a godsend to industry: The government has reportedly once again promised steel producers that it will reduce their…
Supply Ministry raises golden card quota again, issues 100,000 subsidy smart cards
The Supply Ministry decided yesterday to raise the quota of bread bakeries are allowed to sell to temporary card holders…
Egypt’s external sector shows clear rebound in 2Q2016-17 BoP report
Egypt records a balance of payments (BoP) surplus of USD 7.0 bn in 1H2016-17, up from an overall deficit of…
Oxford Business Group interviews El Sisi for their Egypt 2017 report on economic reforms
President El Sisi sends reassuring message to investors in upcoming Oxford Business Group report: The success of Egypt’s economic reform…
Finance Ministry releases VAT executive regulations
Habemus VAT executive regulations: The Finance Ministry issued the executive regulations of the value-added tax (VAT) law yesterday. The ministry…
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