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10/31/2016 - President Abdel Fattah El Sisi has urged the government to act to secure loans for owners of small and medium-sized businesses at a five percent interest rate. The loans should be repaid i... |
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10/31/2016 - Prime Minister Sherif Ismail inaugurated a conference to announce an initial public offering (IPO) to increase the capital of the National Company for Sinai Investments by 600 million pounds. ... |
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11/1/2016 - Egypt's parliament approved a presidential decree to rename the Principal Bank for Development and Agricultural Credit (PBDAC) to the Egyptian Agricultural Bank and to put it under the supervision of ... |
| 11/1/2016 - Egypt’s supply ministry has increased the price of the subsidised sugar sold through ration cards by 40 percent to reach EGP 7 per kilogramme, an official at the interior ministry said. “The ... |
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11/1/2016 - Egypt's central bank has kept its currency stable at its weekly dollar auction, bankers said, holding the rate at 8.8 pounds per dollar. Speculation has been mounting that the central bank wo... |
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11/2/2016 - Transport Minister Galal Saeed met with Singaporean Minister of State for Trade and Industry Koh Poh Koon to discuss cooperation in the field of transport and investment opportunities at Egyptian port... |
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11/2/2016 - The International Cooperation Ministry took part in an Egyptian-Singaporean businessmen forum that was held on the sidelines of Singaporean President Tony Tan's current visit to Egypt. Spea... |
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11/2/2016 - The Supreme Investment Council, chaired by President Abdel Fattah El Sisi, issued a number of important decisions to boost investment. In its first full board meeting, the president okayed... |
| 11/2/2016 - Egypt’s Supreme Investment Council approved a host of measures to boost investment that included an extended suspension of capital gains tax on shares and tax exemptions for producers in strategic sec... |
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11/2/2016 - The Suez Canal Authority expects to hear back from three major shipping firms shortly about its proposal to give discounts on fees for using the waterway if they are paid in advance, its chairman said... |
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11/3/2016 - Egypt's central bank said it had floated its pound currency and hiked interest rates by 300 basis points in a move to rebalance currency markets. Bankers told Reuters they had been informed t... |
| 11/3/2016 - Egypt's central bank decided to freely float the pound as it announced a set of measures aimed at alleviating a dollar shortage and stabilizing the country's flagging economy. The central ban... |
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11/3/2016 - The Cabinet ratified, during its weekly meeting, a bill floated by President Abdel Fattah El Sisi on the mutual recognition agreement adopted by member states of the Arab-Mediterranean Free Trade Agre... |
| 11/3/2016 - Egypt’s two largest state-owned banks will offer 18-month certificates of deposit at 20 percent and three-year certificates of deposit at 16 percent, the National Bank of Egypt and Banque Misr chiefs ... |
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11/3/2016 - Egyptian Minister of the International Cooperation Sahar Nasr met with the Serbian ambassador to Cairo Dragan Bisenic, discussing the bilateral cooperation in several fields, particularly in agricultu... |
| 11/5/2016 - The World Bank has welcomed economic and social reform measures which are carried out by the Egyptian government. A package of reforms, which have been recently announced by Egypt, would co... |
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11/5/2016 - Minister of International Cooperation Sahar Nasr discussed with representatives from the European Union and World Food Program expanding school feeding programs in the country. The meeting c... |
| 11/6/2016 - US Secretary of State John Kerry has commended Egypt for undertaking economic reforms last week, calling them "important steps" to stabilize an economy hit by years of political turmoil. Egyp... |
| 11/6/2016 - Two days after Egyptian pound devaluation, banks working in Egypt started to review restrictions on the use of credit and debit cards abroad. Chairman of the United Bank Ashraf al-Qadi told a... |
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11/6/2016 - President Abdel Fattah El Sisi, at a ministerial meeting, reviewed the progress realized so far in several national projects, including the national housing project, the new administrative capital and... |
