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Despite that Egypt's official reserves stand at around $16 bn, little is owned by the government, pointing to the depth of ongoing economic problems.
29.10.2015 Ahram Online
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Egyptian factories also slowed down production with some plants completely halted due to energy shortages as Egypt has become a net oil importer.
28.10.2015 Ahram Online
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Economists and shippers said increased traffic and revenues the government promised would require acceleration in global trade that seems unlikely.
28.10.2015 NZ Herald
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He will discuss boosting economic cooperation between the two countries and increasing investment in Egypt especially in the new Suez Canal project.
26.10.2015 Business Standard
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Omran says conference is not luxury but rather means to think outside the box, since waiting for market challenges to end is not an option.
26.10.2015 Daily News Egypt
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The cost of the project is expected to exceed $10 billion. It is scheduled to be partially operational by 2017.
25.10.2015 Star Africa
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World Bank and African Development Bank delegation met Prime Minister Ismail to reaffirm commitment to cooperate in reviving the country's economy.
25.10.2015 Zawya
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The union sent to Al-Sisi a memorandum highlighting the problems facing industry, trade and investment resulting from monetary policies.
23.10.2015 Star Africa
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Russian Helicopters is prepared to supply $1 billion worth of equipment and aircraft for Egypt’s Mistral helicopter carriers.
21.10.2015 Russia Today
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The Egyptian government is expecting a budget deficit of 8.9 percent (EGP 251 bn) for the entire fiscal year which will end next June.
21.10.2015 Star Africa
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