Latest news
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IT investors look at Egypt in DC conference
Information technology and communications sectors were a prominent contingent at a recent business conference focusing on investment opportunities
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Key Israeli gas pipeline attacked four times
Israel may be considering its energy options after a pipeline bringing gas from Egypt suffered four attacks in the space of five months.
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Nuinsco Provides Update on Status of Bukari Concession in Egypt
Nuinsco today provided an update on the status of the Bukari concession agreement that was approved by Egypt's State Council in February 2011.
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New Egypt minister committed to market economy
Egypt's finance minister-designate told Reuters Tuesday the country was committed to a market economy
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Egypt on cusp of re-opening market for Irish beef
Egypt moved a step closer to re-opening its market to Irish beef exports this week, with a delegation of veterinary inspectors visiting factories.
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Egypt's Beblawi 'Committed' to Market Economy, Strong State
Egypt's Finance Minister said he supported a market economy and that it was not "intelligent" to rule out loans as an option.
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Egypt Economy May Miss Growth Target, Stoking Social Unrest
Egypt’s economy may fail to meet the government’s growth target, a Bloomberg survey showed.
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Egypt shouldn't let the pound slide just yet
Una Galani believes a weaker currency won't do much for Egypt’s exports without a boost to productivity, or much for tourism.
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Egyptian government waits for EU to finish stopping Egyptian exports crisis
Egyptian exporters are waiting for European committees to discuss stopping the Egyptian export crisis and negative effects on Egyptian exporters.
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Ideal files suit to cancel Electrolux, Olympic deal
The Administrative Court to preview a legal suit against Niazy Sallam, CEO of Olympic Group Financial Investments.
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Steel rebar prices increased 11.8% in June
Steel rebar prices increased by 11.8% in June, reaching an average of LE5257 per ton, compared to just LE4699 at the end of May.
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Gulf tourists to Egypt drop 42 per cent in June
Fears of insecurity have cut Gulf visits by almost half, slicing a vital source of summer revenue for the hospitality industry.
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Egypt's antiquities minister fired
Renowned Egyptian archeologist and antiquities minister Zahi Hawass has been fired and replaced by an associate professor in restoration.
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Egypt's New Ministers’ Swearing in Ceremony Postponed
Egypt on Monday postponed the swearing-in of a new Cabinet for at least a day as protesters vowed to continue a sit-in at Cairo's main square.
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Mobinil to release Q2 financials July 26th
Mobinil announced that it will release financial statements for Q2-11 on Tuesday, July 26, 2011.
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Egypt cbank to offer 1 bln EGP in repos on Tuesday
Egypt's central bank said it will offer 1 billion Egyptian pounds ($167.95 million) in seven-day repurchase agreements in the money market on Tuesday
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Sawiris revives Swiss alpine village
'Crazy' Egyptian billionaire buys concrete military compound in Andermatt to transform it into luxury tourist resort.
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Egypt Embraces Oil Monarchs, Dubiously
Massive aid packages dangled by the oil-rich Arab Gulf states has raised suspicions.
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Kuwait at 7-yr low on economic woes, Egypt down
Egypt's market fell on renewed concerns over an uncertain political outlook.
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New studies on proposed Saudi-Egyptian bridge set
Saudi Arabia and Egypt have decided to launch fresh studies to build a gigantic 32-km bridge linking the two countries