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Work underway to prepare new public finance bill
The new bill is expected to improve the state’s current audit system to cope with global standards, Maait said.
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Egypt closes seven ports temporarily due to bad weather
The ports of Suez and Zeitiyat were shut in Suez governorate as well as Adabiya and Ain Sokhna ports, the Red Sea Ports Authority said.
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Egypt's finance ministry auctions T-bills worth EGP 17 bln
In an online statement, the ministry said it sold EGP 8.5 billion of 91-day T-bills with an average yield of 18.715%.
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Egyptian PM says business district in New Capital one of biggest Egypt-China joint projects
The first phase of the project is carried out on 2.7 million square meters involving green areas and garages as well.
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Egypt yet to set details of Asian market bond issue
The value of the Asian market issue would be limited because its aim is to build a yield curve, the finance ministry said.
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Investment Ministry easing business measures to encourage firms to expand in Egypt
Investment Minister Sahar Nasr, in a meeting with LG Egypt CEO Don Kwak Monday, said her Ministry is acting to offer support for the private sector.
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Strategy being formulated to support exports, trade minister
It will also see the merging of approaches of the government and the private sector, to improve the services provided to exporters and businessmen.
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Zero tariffs on imported European cars in place
The zero tariffs will also be applied on some Korean and Japanese cars produced in European Union countries.
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Egypt to be 7th biggest economy by 2030
Standard Chartered's forecast sees Egypt overtaking Russia, Germany and Japan to be the 7th biggest economy globally.
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Western Desert produces about 60% of Egypt's crude oil
The minister urged foreign companies to invest in the Western Desert as he expects more discoveries to be unearthed in this area.
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Egypt introduces price index for fuel to revive economy
Oil ministry spokesperson Hamdy Abdel-Aziz says the new mechanism will start in April and that 92-octane and 80-octane gasoline will not be affected.
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Egypt says stolen pharaonic tablet repatriated from UK
An ancient Egyptian pharaonic stone tablet that was stolen from Karnak temple was repatriated this week from Britain where it had been touted for sale
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Egypt’s inflation to hit 10.7% in FY19/20
Pharos projected the North African country’s economy to grow over the coming five years in line with the improvement of remittances.
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Egypt to host 2019 Africa Cup of Nations
The CAF executive committee preferred Egypt to South Africa as replacements for original hosts Cameroon.
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World Bank appoints new regional director for Egypt, Yemen, Djibouti
Before joining the World Bank, Wes worked as a principal economist at the European Bank for Reconstruction and Development.
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Project: Construction of a new residence
Construction of a new residence
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Project: Mobile telephone services
Extending mobile telephone services to the company
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Project: Ball bearings for Metro
Supply of ball bearings for the comprehensive overhauling of Metro Units
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Project: Personal computers & printers
Supply of personal computers & printers
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Egypt among 19 destinations for 2019
The CNN chose Egypt among 19 destinations to visit in 2019 encouraged by the new archaeological discoveries and the Grand Egyptian Museum.
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Egypt to auction $750mn in one-year dollar T-bills
Egypt will auction $750 million worth of one-year dollar-denominated treasury bills on Sunday, the central bank said.
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Budgeting for oil prices
The decline in oil prices will relieve the pressure on Egypt’s budget, but can it be sustainable?
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Business Today to honor Egypt's influential companies February
The awarded entities are selected based on their overall performance in the past year and alignment with the goals outlined in Egypt 2030 Vision.
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Egypt expects to receive additional IMF instalment
The Washington-based agreed to offer the nation a three-year long loan programme in 2016, providing a total of US$12bn.
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Vodafone Egypt to pay LE 750M to Etisalat Misr
The penalty is on the interconnection prices between the two companies.
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Egyptian expatriates’ remittances increase by 8% in 10 months
The CBE said that the total value of remittances of Egyptians expatriates during October 2018 recorded a rise of $298.9m.
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Egypt, Germany sign €150.5 million agreements
The first agreement is on technical cooperation through a grant worth €48 million in the education sector.
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Cairo hospitality market outlook positive
Hotel occupancy to witness 7% increase, 95% increase year on year in Chinese tourists and a more promising 2019, a Collier's report.
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The Egyptian startup manifesto
The manifesto was launched by RiseUp summit and aims to document the challenges facing startups in Egypt with actionable solutions.
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Egypt's annual urban consumer price inflation falls to 15.7%
Inflation had spiked in October due to supply problems in the domestic fruit and vegetable market.
