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Earnings watch: Global Telecom Holding, Bank of Kuwait-Egypt
** Earnings watch: ‘Tis the season, though we note that many companies plan to take advantage of the extension until…
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Cairo is the fastest growing city by population
Our breeding skills have beat out the Chinese. Internal migration might have something to do with it too. Either way:…
Mintra to establish USD 40 mn furniture manufacturing factory
Paper, filing, and binding company Mintra is establishing a new USD 40 mn furniture factory by the end of the year,…
Cairo average hotel room rates to rise in 2017, Sharm and Hurghada to grow more attractive for budget vacationers
Colliers International’s latest report on Egypt sees good things ahead for Egypt’shospitality sector. Resort towns of Sharm El Sheikh and…
European car makers are not happy with the automotive directive
Shockingly, European car makers and local importers of their wares are not in love with the so-called “automotive directive,” which…
House gives preliminary approval to Investment Act
The House of Representatives’ Economic Committee gave a preliminary nod to theInvestment Act on Monday during its first session debating…
Tax Authority suggests “ideal” stamp tax rate of 0.175%
Tax Authority suggests 0.175% is an ideal stamp tax on the EGX: Tax Authority head Emad Samy says his agency’s…
CBE amends what banks can do with excess foreign currency positions, says a quarter can be used for profit repatriation
Profit repatriation window opens a bit wider for foreign companies in Egypt: The Central Bank of Egypt has amended regulations…
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