{"id":646032,"date":"2017-06-04T04:06:28","date_gmt":"2017-06-04T04:06:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/raised-interest-rates-wont-harm-industry-in-the-long-run-says-kabil\/"},"modified":"2017-06-04T04:06:28","modified_gmt":"2017-06-04T04:06:28","slug":"raised-interest-rates-wont-harm-industry-in-the-long-run-says-kabil","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/raised-interest-rates-wont-harm-industry-in-the-long-run-says-kabil\/","title":{"rendered":"Raised interest rates won\u2019t harm industry in the long run, says Kabil"},"content":{"rendered":"

The CBE\u2019s decision to hike interest rates by 200 bps last month will not harm industry in the long run, and that the increase has short-term effects the industrial sector must cope with, Trade and Industry Minister Tarek Kabil said on Thursday. Kabil also said that the ministry is working to finalize the agreement on the Russian Industrial Zone, which Russian Industry and Trade Minister Denis Manturov said<\/a> last week will likely be signed this fall.<\/p>\n","protected":false},"excerpt":{"rendered":"

The CBE\u2019s decision to hike interest rates by 200 bps last month will not harm industry in the long run, and that the increase has short-term effects the industrial sector must cope with, Trade and Industry Minister Tarek Kabil said on Thursday. Kabil also said that the ministry is working to finalize the agreement on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646032","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"aa360161-c5a9-4d7f-b161-bde2b3ebd020","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645993],"teaser":"","voice_url":""},"yoast_head":"\nRaised interest rates won\u2019t harm industry in the long run, says Kabil - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/raised-interest-rates-wont-harm-industry-in-the-long-run-says-kabil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raised interest rates won\u2019t harm industry in the long run, says Kabil\" \/>\n<meta property=\"og:description\" content=\"The CBE\u2019s decision to hike interest rates by 200 bps last month will not harm industry in the long run, and that the increase has short-term effects the industrial sector must cope with, Trade and Industry Minister Tarek Kabil said on Thursday. 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The long-awaited 50-year agreement will give Russian companies rights to develop a 5.25\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645963,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/russian-industrial-zone-expected-to-be-signed-by-this-fall\/","url_meta":{"origin":646032,"position":4},"title":"Russian Industrial Zone expected to be signed by this fall","author":"enterpriseam admin","date":"1 June 2017","format":false,"excerpt":"We should have a Russian industrial zone agreement by fall: The Russian Industrial Zone in East Port Said\u2019s signing is expected to take place by this fall, Russian Industry and Trade Minister Denis Manturov said, according to TASS. 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