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Egypt Frees Dozens Prisoners Ahead of Eid Holiday

Reports indicate that Egypt has released more than three dozen prisoners on Sunday, a week before the end of the Muslim holy month of Ramadan, which is traditionally a time.

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Saudi Cabinet approves agreement on investments by PIF in Egypt

Saudi Arabia’s Cabinet approved an agreement signed with the Egyptian government on investments by the Kingdom’s Public Investments Fund (PIF) in Egypt; state news agency SPA reported early Wednesday. The.

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Egypt, Kuwait Sign $2.5 Million Railway to Sudan Deal

Egypt and Kuwait have agreed to collaborate on the construction of a train connecting Egypt and Sudan. The $2.5 million deal was inked by Egypt’s Ministry of International Cooperation and.

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El-Sisi reviews electricity projects across Egypt

Egypt’s President, Abdel Fattah El-Sisi, met Sunday with Prime Minister, Mostafa Madbouly, and Minister of Electricity and Renewable Energy, Mohamed Shaker. The meeting followed up on electricity projects nationwide. During.

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Dana Gas receives $20m in payment from Egypt

Dana Gas received $20 million (Dh73.46m) in payment from the Egyptian government, bringing the total receivables from the North African country to $152m for 2018. The Sharjah company, one the.

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Egypt’s Sisi discusses regional issues, economic ties with Austrian President Van der Bellen in Vienna

Egypt’s President Abdel-Fattah El-Sisi met on Monday with his Austrian counterpart Alexander Van der Bellen in Vienna, where the two leaders discussed enhancing bilateral ties on the economic and political.

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Egypt to launch $55.7 mln innovation fund by 2019 – Tarek Amer

Egypt’s central bank plans to launch a 1 billion Egyptian pound ($55.7 million) innovation support fund by 2019, its governor Tarek Amer said on Sunday. The fund will invest in.

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World Bank looks forward to more cooperation with Egypt – Makhtar Diop

World Bank’s Vice President for Infrastructure Makhtar Diop asserted the World Bank’s keenness to actively contribute to development efforts in Egypt, particularly in light of the successful economic reform measures.

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Masiyiwa seals $400m Egypt investment deal

ECONET founder and group executive chairman Strive Masiyiwa sealed a deal Saturday that will see a $400m investment in Egypt over the next three years. The investment – which includes.

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Egypt, World Bank sign $1bln to support private sector

Egypt has signed with the World Bank a $ 1 billion financial package to support the next phase of the Egyptian reform programme on the sidelines of Africa 2018 forum..

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