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Turkey’s lira plunges as tensions escalate between US and Turkey over consulate staffer arrest
Turkey’s lira plunges as tensions escalate between US and Turkey over consulate staffer arrest: Turkey and US both decided on…
SPEED ROUND
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Germany’s outgoing finance minister says high levels of global debt could lead to a new financial crisis
Could we be heading into another global financial crisis? Germany’s outgoing Finance Minister, Wolfgang Schäuble, believes that “spiralling levels of…
Oriental Urban Development to develop EGP 450 mn mall in New Cairo
INVESTMENT WATCH- Oriental Weavers Group subsidiary Oriental Urban Development is planning to invest EGP 450 mn in the Side Walk…
House Legislative Committee approves amendments to ACA law that would give watchdog full autonomy
Legislative would give top anti-corruption watchdog full autonomy: The House of Representatives’ Legislative Committee approved yesterday amendments to the law…
Civil Aviation Ministry will launch the West Cairo Int’l Airport “soon”
Do you own property in West Cairo? Property values could be on the verge of going up. The Civil Aviation…
Leases on retail space at malls may be subject to value-added tax
Leases on retail space at malls may be subject to value-added tax: Reports have begun swirling that the Finance Ministry…
Remittances up 17.3% from November to August
Another major source of FX for Egypt is doing better: Egyptian expatriates sent home 40% more money in August 2017…
Is the Panama Canal eating Suez’s lunch?
You want depressing? We give you the Suez Canal’s battle with Panama. The Suez Canal posted tepid growth of about…
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