Latest news
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Egypt stocks continue rising during mid-session transactions
Egyptian stock market indexes continued to increase during the midday trading session on Wednesday November 9 due to Arab purchases.
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Standard & Poor's maintains high-risk rating for Egypt banks
Agency says main danger for nation's banks comes from their operating environment and current political uncertainties.
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Egypt to Host 2nd Arab Water Forum
The 2nd Arab Water Forum will start here under the patronage of the Arab League & the Egyptian Ministry of Irrigation on 20 until 23 November.
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Egypt’s Central Bank Offer 8 Billion Pounds in Repos Today
The central bank accepted all of the 9.8 billion pounds in bids for the agreements, or repos, last week, the highest amount this quarter.
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Tobacco Packaging in Egypt
Euromonitor International's Tobacco packaging in Egypt report offers insight into key trends and development driving packaging accross the category.
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Chemical industries accounts for 25% of Egypt's exports and their investments to exceed USD 17 bn
Chemical industries in Egypt experienced substantial growth over the past years, as the volume of investments reached around EGP 35bn in 2011.
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Deal agreed to build $120m Egyptian factory
Egypt's OCI & Italy's Maire Tecnimont announced a $120m agreement to build a fertiliser factory in the southern city of Aswan.
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Egypt suffers economic losses from violence against women
A recent study noted that the Egyptian economy lost about 150 billion pounds over the last 50 years due to violence against women.
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Egypt's NSGB 9-month net profit climbs 9 pct
Egypt's National Societe Generale Bank (NSGB) said on Wednesday net income for the first 9 months of 2011 rose 9% to 1.09 billion Egyptian pounds.
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Vodafone Egypt sees H1 revenues stall but users climb
Mobile giant's financial results show a difficult mid-2011 for Egypt operations, but subscriptions and usage are making solid recoveries.
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Egyptian Stocks: Orascom Development and Nile Cotton Ginning
Egypt’s benchmark EGX 30 Index (EGX30) advanced 0.5 percent to 4,446.18 at 11:51 a.m. in Cairo, heading for the highest close this month.
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Minister: LE 233 billion investments to spur Egypt's economy in 2012
Fayza Abul-Naga said 2011/2012 plan targets the increase in the gross domestic product to hit LE 1.570bn against LE 1.373bn for 2010/2011.
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Tourism students to launch “Million Tourists” campaign
Egyptian students in the faculty of tourism and hotels at the University of Mansura today launched a campaign to support tourism in Egypt.
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Vodafone revenues hit £23.5bn as smartphone usage soars
Vodafone grew its revenues by 4.1pc to £23.5bn in the first half, as a stronger than expected performance in Europe.
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Egypt, Nile Basin countries cooperate to enhance communication
Mohamed Salem, said Tuesday the cooperation with Nile Basin countries and African countries in general was one of the priorities for his country.
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Eid Al-Adha gives boost to Egyptian tourism
Holiday weekend has seen a surge in bookings at Egypt's seaside resorts, with some hotels reporting 100 per cent occupancy, say officials.
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Egypt Steps Up Plans for Wind Power Farms
Egypt currently has a total electricity capacity of about 23,500 megawatts, which the government hopes to increase to 58,000 megawatts by 2027.
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Egypt: €22 million EU programme seeks to boost jobs and living conditions in rural areas
The European Commission today approved a €22 million programme in Egypt by supporting the development of agricultural Small and Medium Enterprises.
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Egypt bourse chairman says cutting salaries of senior execs
The bourse chairman has cut salaries of senior executives by roughly 20 to 40%, while cutting managers and directors’ salaries by about 15 to 25%.