Finance News
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Dana Gas says to recover overdue Egypt payments by 2018
The company is putting in place a new arrangement with the government that will permit it to invest in new Egyptian wells.
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Egypt to hold international development conference by 2015
Mehleb said Egypt would organise a conference for all its development “partners” by the end of the year or the beginning of 2015.
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Egypt's economy gradually recovering after its 'Second Revolt'
Egypt's economy is gradually recovering following last summer's "second revolution", though a fresh outbreak of political unrest remains a risk.
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Egypt to dig new canal alongside Suez Canal: authority chairman
Egypt said on Tuesday it would build a new 72-km (45-mile) canal alongside the Suez Canal, the chairman of the Suez Canal Authority said.
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Egypt seeking a $1.5 bln loan to repay oil debts -Oil Minister
Egypt wants "a loan from local and international banks for at least $1.5 billion of debt to foreign companies operating in Egypt."
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It's never over: Egyptian government preparing new stimulus package
The new package aims to revitalise and expand the activities of the private sector through removing the “bottlenecks” facing economic key sectors.
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"Death on the Nile": 20% of Egyptians experience food insecurity
Food insecurity in Egypt is a result of “structural issues in the food supply system”, according to a report by Future Directions International.
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The Difference between Social Justice and Social Protection
Despite their necessity, the extensive expenditure on social protection programmes will not achieve what Egyptians aspire to.
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Egypt moves on energy reform from the ground up
The new program is part of a wide ranging effort to finally address the country’s energy crisis.
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WB: U.S. $500 mln loan to connect 1.5 mln Households to Natural Gas
The Project supports the Egyptian government's program to replace household consumption of Liquefied Petroleum Gas with grid-connected natural gas.
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Egypt mulls new capital amid furore
The plan envisages relocating the ministries, the parliament and the presidential seat to a new city outside Cairo.
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Q&A: Ramez Mohamed from Flat6Labs
Flat6Labs' Managing Director talks about competition in the startup scene, the role of the gov’t and a tiny, but bright spot in Egypt's economy.
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Egypt's economy: Pharaonic frailties
Sisi appears to have pulled off a reform long urged by the IMF and long postponed by previous presidents.
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The story behind Egypt's BOP improvement
Egypt's current, capital and financial accounts have improved July - March 2013/2014. Find out what money went where.
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Egypt's Prime Minister defends fuel-price increase
Egypt's public has long relied on government-subsidized fuel, bread and energy that account for nearly one-third of the nation's budget.
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Tony Blair denies signing as economic adviser for Sisi
Blair denied the reports, stating that "the story is nonsense", and that he is seeking no business opportunities in Egypt.
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Egypt's richest man sentenced to 3 years in jail on tax evasion: ETA
Sentenced in absentia, Nassef Sawiris is also fined LE50 million for refraining from paying due checks to Egypt's tax authority.
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Egypt to pay $1.5bn oil debt this year, restarts BP deal
The latest government figures put Egypt's debts to foreign oil companies operating there at $5.7 billion.
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Sisi to give up half his salary and properties 'for Egypt'
Sisi vowed to waive half of his EGP42,000 salary, as well as 50% of his properties, and added that he could not override judicial decisions.
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Egypt taking oil shipments for June needs despite free Gulf fuel-official
Energy prices in Egypt are among the cheapest in the world, with subsidies eating up a fifth of state spending.