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Khodeir denies resigning as chairman of GAFI
GAFI boss denies he resigned: Mohamed Khodeir, Chairman of the General Authority for Investment (GAFI), has denied resigning, according to…
Is the tourism industry returning to growth?
The tourism industry is cautiously (and from a very low base) returning to growth. That’s the take-home message from the…
Egypt to repay Saudi Fund for Development USD 500 mn in June
The Central Bank of Egypt will be repaying USD 500 mn to the Saudi Fund for Development in June, a…
EFSA chairman takes a stand against a stamp tax rate of 0.5%
EFSA chairman takes a stand against a stamp tax rate of 0.5%: Egyptian Financial Supervisory Authority (EFSA) chairman Sherif Samy…
Free Egyptians Party summons Naguib Sawiris for investigation
With the 2018 presidential elections looming, the Free Egyptians Party carefully aims the .45 at its right foot… Egyptian political…
Russia and Egypt to sign civil aviation security protocol ahead of flight resumption
Russia and Egypt agreed to sign a civil aviation security protocol ahead of the anticipated resumption of air service between…
Egypt swears five new governors, nine new ministers
Nadia Abdo Saleh became Egypt’s first female governor after she was appointed governor of Beheira on Thursday, a cabinet statement…
Obour Land to increase investments
Meanwhile, Cheese maker Obour Land announced it could reduce prices by up to 15% if the EGP continues to appreciate…
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