Egypt has struggled to curb its swelling budget deficit whilst meeting soaring energy demands, resulting in electricity cuts around the country.
18.09.2014
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News by
AlBawaba
Bank projects profits to grow by 15% this year as it plans expansion in upscale Cairo suburbs.
18.09.2014
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News by
Ahram Online
Mashreq is looking to join an increasing number of Gulf lenders snapping up banking stakes in other countries to diversify in the face of competition
18.09.2014
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News by
Reuters
Egypt's gross domestic product (GDP) grew 3.5 percent in the fourth quarter of fiscal 2013/14.
17.09.2014
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News by
Reuters
Egypt's Central Bank has raised $8.5 billion for the construction of an expansion of the Suez Canal by selling investment certificates.
17.09.2014
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News by
Yahoo!
The company said its net loss for the first six months of the year had widened to 410.6 million Egyptian pounds.
17.09.2014
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News by
Ahram Online
Private investments to drive growth rate to 3.5% this fiscal year as the state streamlines budget, says Investment Minister.
16.09.2014
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News by
Ahram Online
The company's capital reached EGP120 million since its inception and it has increased to EGP180 million.
14.09.2014
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News by
Zawya
Ministry of Finance says government will invite IMF before Egypt’s economic summit in February 2015.
14.09.2014
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News by
Daily News Egypt
The government is now walking a fine line between trying to cut its deficit whilst luring investors and restoring growth.
13.09.2014
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News by
Reuters
There about $750 million frozen in Switzerland and LE85 million frozen in the UK, while the amount remaining in other countries remains undeclared.
12.09.2014
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News by
Mada Masr
The loan will help fund a Petroleum Ministry plan to connect 850,000 Egyptians, particularly in largely rural Upper Egypt, to a natural gas grid.
12.09.2014
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News by
Reuters
Egypt's annual core inflation -- which strips out subsidized goods and volatile items -- climbed to 10.07 percent in August.
11.09.2014
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News by
AlArabiya
Egypt's total public debt now stands at nearly 95 percent of GDP - but the government hopes reforms will slash debt and budget deficit.
11.09.2014
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News by
Ahram Online
Tightened liquidity suggests a need for the GCC aid in the second half of 2014 to support the Egyptian pound and ease external funding pressures.
09.09.2014
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News by
Daily News Egypt
Loans will help fund development of petroleum refinery and first phase of redevelopment work at Sharm El-Sheikh airport.
09.09.2014
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News by
Ahram Online
Government is working to repair public sector companies’ financial structures that suffer significant losses and weak production.
08.09.2014
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News by
Daily News Egypt
Bank Audi was one of the first Lebanese banks to move to the Egyptian and Syrian markets before the Arab revolutions broke out.
08.09.2014
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News by
Daily Star Lebanon
Egypt is aiming for foreign direct investment of $10 billion in 2014/15, as it seeks to attract investors by cutting bureaucracy.
08.09.2014
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News by
Business Recorder
Egypt took over the presidency of the General Arab Insurance Federation from Morocco during the 30th conference hosted by Egypt in Sharm El-Sheikh.
07.09.2014
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News by
Egypt State Information Service
