Latest news
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Gulf banks look for acquisitions in Egypt and Turkey to grow
As protests flared on the streets of Egypt last month, senior bankers from two GCC lenders were inking deals to snap up large banking units in Egypt.
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Qatar to invest in Suez Canal
Qatar disappeared from the political scene in Egypt for a few hours only to reappear, this time with its best face on: the economic one.
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Uranium discovered in Egypt
Because uranium is considered an important strategic raw material, the plan is to use it mainly as fuel for energy production.
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Arab ministers agree on investment draft
The agreement would allow the free flow of Arab capital and investments in member countries.
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Customer Service Team Leader Coordinator
Customer Service Team Leader Coordinator needed for Resource Professionals in Doha.
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EU loan to Egypt dependent on IMF deal
Economic reform plans that are currently being negotiated between the IMF and Egypt's government, will have a very high social cost.
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Egyptian businessman offers half of his assets in graft cases
Hussein Salem, who is accused of having amassed billions from his close association with the Mubarak, had fled to Spain after a mass uprising.
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Planning Manager needed for Luna Group
If you are familiar with Oracle ERP system, and have excellent computer and English language skills, apply as a planing manager at Luna Group.
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Egypt's pound weakens again at c.bank forex auction
The central bank accepted bids worth $74.3 million with a cut-off price of 6.5875 Egyptian pounds to the U.S. dollar at the 12th auction.
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CBE's Ramez: The EGP will stabilize very soon
In his first TV-interview as Governor of the Central Bank of Egypt (CBE), Hisham Ramez tries to relieve skeptics.
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Egypt's foreign reserves rise after Qatar deposit
The central bank has implemented a new regime for buying and selling foreign currency and currency controls to try to stem a fall in reserves.
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Egyptian economy: Sputtering, but restarting
Egypt has begun pulling in funds to jumpstart its economy, which was sputtering badly at the end of 2012.
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Egypt, Saudi Arabia work to advance trade, investment
Riyadh and Cairo have been holding intensive meetings to advance economic relations and increase trade between the two countries.
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Bill Gates, U.S. investors commit $1 billion for stake in Egypt's OCI
OCI NV is a wholly owned subsidiary of OCI SAE and the umbrella for OCI's international operations.
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Technology at the heart of Egypt’s growth plan
Technology, more specifically the Internet, was at the forefront of key developments that characterised the revolution.
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$388m IDB loans to boost Egypt economy
The Islamic Development Bank will give $250 million to finance an electricity station in the country’s south, an official statement said.
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McCain ‘disapproves’ of Morsi comments about Jews but will push for aid
Despite an uproar in Washington over Morsi's remarks, McCain said he and other congressmen will press for more aid to Egypt’s ailing economy.
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Egypt approves law to issue sovereign Islamic bonds
Despite the AlAzhar institution announcing that 'Sukuk' do not comply with religious standards, the government approved the project.
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Egypt's tourism industry needs constitutional protection says minister
Minister of Tourism Hisham Zazou is calling for tourism to be included in Article 17 of the country’s recently approved constitution.
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Qatar renews its support for Egypt’s turbulent economy
Qatar’s Prime Minister, Sheik Hamad bin Jassim al-Thani, said his country will loan Cairo an additional $2-billion and transfer another $500-million.