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Tuesday, 9 January 2018

What we’re tracking this week

The Federation of Egyptian Industries (FEI) and the House Industrial Committee will discuss proposed amendments to the Public Procurement Law on Wednesday, Al Borsa reports. The law grants Egyptian products preferential treatment in government contracts and promotes local industry. The FEI will push to reduce the minimum quota of Egyptian products used in national projects from the 40% level currently demanded, saying local producers just can’t meet demand, member Abdel Moneim El Kady tells the newspaper.

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