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IMF team arrives in Cairo for loan talks

An International Monetary Fund team has arrived in Cairo for talks on a $3.2bn loan facility, seen by the government and analysts as crucial to warding off a financial crisis after more than a year of political turmoil.

Cairo will offer land for industrial development

Image via Wikipedia Egypt’s Industrial Development Authority (IDA) said on Monday it was tendering 42 million square meters of land to develop for industrial projects, the state news agency MENA reported. The tender is open to private...