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House Industrial Committee to complete its review of the automotive directive by mid-March
The House Industry Committee is set to complete its review of the automotive directive and send the bill back to…
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Stamp tax could be increased gradually -El Garhy
A stamp tax on EGX trades could start at 0.175% on each of the buyer and seller and gradually rise…
Egypt’s rebalancing continues, challenging year ahead -Fitch
Egypt is making further progress with its external rebalancing, Fitch Ratings says, as indicated by “rising foreign exchange reserves, a…
Trump addresses Congress, Citi eyes KSA, Iran has had a good year, but…
Other international news stories of local relevance worth noting this morning: US President Donald Trump “toned down the dark rhetoric”…
Global demand for gas is expected to increase by 2% a year between 2015 and 2030
Global demand for gas is expected to increase by 2% a year between 2015 and 2030, with LNG set to…
Earnings watch: Emaar Misr
** Earnings watch- Emaar Misr said its net profit for 2016 grew by 98% y-o-y to EGP 1.68 bn on…
Mubarak-era Tourism Minister acquitted of corruption charges
The Cairo Court of Cassation acquitted Mubarak-era Tourism Minister Zoheir Garana of charges of corruption, profiteering and squandering public money…
33% of Egyptians approve of Sherif Ismail as Prime Minister
33% of Egyptians apparently approved of keeping Sherif Ismail on as prime minister after the latest cabinet shuffle, according to…
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