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Monday, 4 February 2019

Cooperation with Germany, proposed constitutional amendments in the limelight on talk shows

Proposed constitutional amendments and our relationship with Germany were in the limelight on last night’s talk shows. We have the full details on both stories in this morning’s Speed Round, below.

The German delegation currently in town is one of the biggest to visit Egypt, and was likely encouraged to kick the tires in Omm El Donia after the government settled a high profile customs dispute involving Mercedes, General Authority for Freezones and Investment (GAFI) boss Mohsen Adel said on Al Hayah Al Youm (watch, runtime: 11:59). German Economy and Energy Minister Peter Altmaier broke ground on the German University in Cairo’s new branch in the administrative capital, which will open its doors to students in fall 2020, presidential aide Hany Azer told Masaa DMC’s Eman El Hosary (watch, runtime: 06:43).

The government’s draft debt control strategy is another sign that Egypt is taking its economic reform program seriously, EFG Hermes’ Mohamed Abu Basha told Hona Al Asema’s Reham Ibrahim. Abu Basha noted that reducing debt service levels will allow for more spending on government services and projects (watch, runtime: 07:20).

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