One of the most prominent cases against the business tycoon involves exporting natural gas to Israel below market rates, resulting in losses to Egypt.
04.05.2015
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News by
Ahram Online
The first three months of this year saw more than 300 protests by workers in factories, teachers, healthcare employees, drivers and others, according to data compiled by local NGO Democracy Meter.
02.05.2015
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News by
Ahram Online
Egypt’s black market for dollars has reappeared less than three months after the central bank declared it finished.
29.04.2015
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News by
Bloomberg Business
Egypt will need to complete projects and start repaying loans if it wants more funds from the Islamic Development Bank.
28.04.2015
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News by
Bloomberg Business
Egypt's currency black market, a thorn in the side of successive governments, has virtually disappeared in the past two months following a central bank crackdown.
27.04.2015
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News by
Reuters
Egypt’s annual urban inflation accelerated to 11.5 percent in March from 10.6 percent a month earlier, while core inflation stood at 7.21 percent.
24.04.2015
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News by
Bloomberg Business
Saudi Arabia, Kuwait, the UAE and Oman jointly pledged $12.5 billion in aid, investments and central bank deposits at a March investment conference in Egypt's resort town of Sharm el-Sheikh.
24.04.2015
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News by
The Daily Star
The investment plan will be the authority’s largest and would focus on the much-needed revamping of run down facilities.
22.04.2015
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News by
Daily News Egypt
The number of workers in the private sector rose 10.8 percent to 1.2 million in 2013, compared to one million in 2012.
22.04.2015
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News by
Ahram Online
Aiming to raise $2bn to help reduce the state budget deficit, Egypt's government will issue international bonds starting at the end of next month
21.04.2015
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News by
Ahram Online
Critically low foreign currency reserves and a fluctuating exchange rate have also dogged the Egyptian economy since a 2011 uprising.
21.04.2015
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News by
Reuters
The prospective new administrative capital is estimated to cost around $45 billion and would take five to ten years until completion.
20.04.2015
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News by
Ahram Online
Imposing a tax on financial documents owned by the investment funds, even if they are not sold, places a burden on these funds, HC Securities Deputy Chairman says.
19.04.2015
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News by
Daily News Egypt