Finance News
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U.S. Congress: Egypt is experiencing a "stagflation"
The Congressional Research Service stated that Egypt is in the middle of a crippling combination of inflation and lack of growth.
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Egypt to be global growth powerhouse by 2040: Ernst and Young
Ernst and Young stated that Egypt is the second most attractive country in Africa for foreign direct investment since 2003.
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Egypt's top companies: the Power 34
Forbes Middle East published its Power 500 list, giving an account of the region’s top 500 companies – Egypt scored 34 times.
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Who is the new Investment Minister?
New Minister of Investment Yehia Hamed Abdel Samie is a graduate of the Faculty of AlAlsun and spent most of his career at Vodafone.
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Who is the new Finance Minister?
It is time for Islamic Finance: PM Hisham Kandil appointed Fayad Abdel Moneim Hassanein as the new Minister of Finance in his last Cabinet shuffle.
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4% of GDP lost due to traffic congestion in Cairo
The economic costs of traffic congestion in Cairo could be as high as 4 percent of GDP yearly - what are possible solutions?
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The 20 businessmen accused of stock market manipulation
General Prosecutor Dr. Talaat Ibrahim ordered the freezing of assets of 23 Egyptian and Saudi Arabian businessmen.
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Allianz shows strong results in 2012
Allianz revenues rise 2.7 percent to 106.4 billion euros and operating profit rose 20.8 percent in 2012.
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Visa and Samsung sign alliance to accelerate mobile payments
Financial institutions will be offered a secure service to download payment account information to Samsung’s mobile devices.
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CBE's power struggle with the MB?
Central Bank of Egypt Governor Hisham Ramez assured that the International Monetary Fund could not control the exchange rate of the Egyptian Pound.
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Egypt's Prosperity 2012
Egypt ranked 106 out of 142 countries in the Legatum Prosperity Index 2012 - download the free country profile here for more details.
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Global Economic Prospects 2013
The World Bank's report on Global Economic Prospects for 2013, including a special chapter about the Middle East.
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Egypt's Economic Prospects 2013
Egypt’s GDP growth is expected to rise to 3.8% in Fiscal Year 2013 – 2014, whereas by 2014 – 2015 it will rise to 4.7%.
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Experts amend new "unconstitutional" tax laws
The Egyptian Business Development Association hosted a conference in an attempt to suggest corrections to the newly announced tax laws.
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Paying Taxes 2013
Tax regimes change rapidly all over the world, and the World Bank's Report 'Paying Taxes 2013' sums up what needs to be known.
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Allianz announces its Q3 profits
After its third consecutive strong quarter, Allianz expects 2012 operating profit to exceed 9 billion euros.
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Global Dynamism Index 2012: Where is Egypt?
Egypt is the fourth worst country to do business in - and it is about time to find out why and how to fix that.
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MEED's insight on Egypt's economic state
MEED, the Middle East's leading business and economic analyses-provider, offers insights on Egypt's Projects Market 2012.
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Citadel Capital MD focuses on the bright side of instability
MD and Co-Founder of Citadel Capital assures that it is in time of instabilities, when opportunities can still be found.
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Citadel Capital announces positive, prosperous progress in 2Q12
Citadel Capital reported a 6.9% quarter-on-quarter rise in total invested equity as it began drawing down funds.