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Russian nuclear energy deals with Egypt reach almost $60bn
According to Rosatom head Alexey Likhachev, the company launched a commercial package of all Egyptian contracts in mid-December.
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Egyptian economy to experience near-term growth: UN official
The implementation of the recent economic reforms in Egypt will subsequently promote development, reduce poverty and unemployment rates.
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Trade exchange between Egypt, China up by 91.1% in Feb
Chinese exports to Egypt increased by 76.9 percent to 828 million dollars, the customs administration said.
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Telecom Egypt says focus is on growth, not Vodafone stake
Telecom Egypt Co. has no immediate plans to sell its stake in Vodafone Egypt and will focus on growing its share of the mobile market.
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Egypt's unemployment rate falls to 11.8% in 2017
Unemployment recorded 14.5 percent in rural areas, versus 9.8 percent in rural areas in 2017.
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Russian tourists return to Egypt
After almost 3 years of a flight ban, Russian airlines to resume flying to Cairo as a first step before resuming flights to Red Sea resort cities.
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Egypt’s credit risk lower than peers’ as investors ignore ratings
Two major credit rating companies rank the country lower than Nigeria and Argentina, two of its main emerging-market competitors.
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Egypt’s smartphone brand market shares for March
Samsung’s dominance of the smartphone market continued in March, increasing its market share of sales by 4% month on month.
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EBD Economics: What is Monetarism?
Monetarism was adopted by Ronald Reagan in the USA to deal with high levels of inflation, but do you know what it is?
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Contractual farming of cotton applied for first time
3 companies contract with Agriculture Ministry to harvest 34,000 feddans.
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Egypt, Morocco to boost trade exchange
Trade exchange between Egypt and Morocco has notably improved over the last period, though it is still below potential.
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Ban on Uber and Careem suspended
Taxi drivers have long complained that both companies enjoy unfair advantages as they neither pay the same taxes nor follow same licensing procedure.
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Egypt seeks stronger economic relations with Russia
The year 2017 witnessed unprecedented trade volume between the two countries increasing by 62% compared to 2016.
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Egypt to meet investors this week ahead of euro-denominated bond
Egypt has already raised $4 billion through a triple-tranche bond in February.
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Project: Metro car sets
Procurement of 6 metro car sets (Supply and Maintenance Contract)
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Project: Train Sets and Locomotives
Procurement of 6 Train Sets and 2 Locomotives for Metro with spare parts and maintenance
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Egypt re-elected liaison for WTO African group
Egypt’s election to lead the African group at this time is a renewal of the trust Africa grants to Egypt. The African group comprises 43 WTO members.
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Egypt's net foreign reserves rise to $42.611 bln
In February, Egypt raised $4 billion in a dollar-denominated Eurobond sale to help plug its financing deficit and boost dollar holdings.
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Egypt's non-oil business sector activity shrinks in March
Businesses registered improved export orders for the third consecutive month, a survey showed on Tuesday.
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Egypt in proper competition in the garlic and onion business
Egyptian garlic is spicier than for example Chinese garlic. Also, it contains a lot of oil and is free from pesticides and soil residues.
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UNB-E eyes 5% market share in Egypt within 8 years
Al Nahyan explained that the bank aims to expand its branch network to 48 branches, along with increasing ATMs to 125 machines by the end of 2018.
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Market Capitalization gains LE 149.3B during Q1 of 2018c
In March, market capitalization gained LE 81.89 billion, ending the month at LE 974.18 billion.
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EBD Economics: What is free trade?
Critics of Free Trade argue that it benefits developed countries at the expense of the development of poor ones.
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Egypt to establish free economic zone in Nuweiba
South Sinai governor Khaled Fouda revealed that the free zone covers 26 feddans at a total cost of $400 million, to be established in 2 years.
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EGX’s chairman calls firms to diversify finance
Farid explained that the stock market is a strategic financing platform for direct investment companies in a sustainable manner.
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Egypt to sign free trade agreement with African countries
CFTA will grant Egypt free market access to the countries with which it does not have a free trade agreement, such as the West African Countries.
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Vodafone tops list of telecom companies in Egypt in 2017 revenue growth
Etisalat Egypt came second with a profit growth of 39.2%, up from 39% in 2016, followed by Orange with 28% in 2017, down from 30% in 2016.
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Egypt’s central bank expected to cut rates for second time
Nine out of 11 economists polled by Reuters said the bank on Thursday will cut the deposit and lending rates.
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Egypt to issue next Eurobonds on Luxembourg stock exchange in April
This came as a response to the requests of the investment banks during the latest Eurobond issuance.
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Business Incubators... Tasks to do, targets to achieve
A business incubator is a facility which provides new and startup projects and companies with affordable space, training and financing.
