Latest news
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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
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Egypt Central Bank Initially Approves Piraeus Sale, Mal Says
Egypt’s Central Bank gave initial approval for the sale of Piraeus Bank SA’s Egypt business to Standard Chartered Plc (STAN)
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Citadel Capital reports losses amid Egypt turmoil
Cairo-based private equity firm Citadel Capital announced $4.5 million in Q1 net losses on revenues of $2.7 million.
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Free Market Finance Minister Assigned in Egypt
The military-assigned prime minister appointed a new finance minister on Sunday, according to Egyptian media.
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Meet Egypt's new finance man: Can el-Beblawi move the economy beyond military constraints?
74-year-old Hazem el-Beblawi will attempt to woe the military and satisfy reform demands.
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Ukrainian wheat returns on the state market of Egypt
GASC (state operator on the Egyptian market) decided to add Ukrainian wheat as the participant in their tenders for grain purchasing.
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ICSS calls for Egypt investment
The International Center for Strategic Studies (ICSS) has called for greater domestic and foreign investment in Egypt
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Arab Spring, Start-Up Summer?
Egypt’s newest business class: the entrepreneurs of the revolution. Instead of leaving Egypt as she had planned, she is staying to nurture a start-u.
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Boosting Trade in Egypt
Reforming is not for the faint-haerted. The reform path is unpredictable even when all your stones are well-aligned.
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Doing business in Egypt - tax guide
To help persons who are wishing to invest or to establish any kind of business in Egypt. Information in this booklet is brief.
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The emergence of e-commerce in a developing nation case of Egypt
Read this whitepaper to get to know why and especially how e-commerce challenges Egypt.