Latest news
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Oppenheimer tells Apache to sell its Egypt assets
Apache is one of Egypt’s largest acreage holders, controlling 9.7 million gross acres in the country’s Western Desert.
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Tourism in Egypt: Hope amid a slow recovery
The World Economic Forum has just declared Egypt one of the most dangerous places for tourists.
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Egypt bank releases $800 million for vital imports
Egypt’s currency went down more than 10 percent over the last six months.
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Egypt factories, hit by subsidy cuts, highlight Cairo’s fiscal dilemma
Cement and brickmakers have been the first industries to be hit by reforms this year.
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Egyptian firm wins $150m Islamic loan
The Maridive loan is considered one of the largest in the country's challenging banking sector.
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Egypt's EFG Hermes says net profit jumps 27% in Q1/2013
EFG-Hermes stocks rose 0.6% after seeing net profit of $14 mn in first quarter of 2013.
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Egypt budget gap worrying: IMF official
Negotiations with the IMF have stumbled repeatedly over the Islamist-led government’s resistance to the austerity measures needed.
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Chevron nears sale of Egypt, Pakistan downstream assets: Sources
Chevron is conducting separate sale processes for its assets in both countries, the sources said.
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New Egypt tax law: cuts for poor, business hikes
The interim parliament, led by Islamist allies of President Mohammed Morsi, approved the new tax measure last week.
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Egypt tourist arrivals rise, but not by enough
The number of travelers visiting Egypt in the first four months of 2013 rose 11.8 percent from a year earlier.
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Egypt: International banks eyeing long-term growth
On April 1, the international press reported that Barclays, the UK’s second-biggest bank by assets, planned to increase its presence in Egypt.
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El Sewedy shows how Egyptian companies can beat the odds
El Sewedy Electrometer is about to undertake its biggest challenge yet: making a play for the US market.
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Opinion: How to reinvigorate Egypt's economy
Blaming the revolution is the wrong approach to Egypt’s current economic woes, writes PIMCO's Mohamed ElErian.
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Antiquities minister: UNESCO threatens to declassify heritage sites
Egypt’s poor management of its ancient monuments draws threat from the United Nations Scientific Economic Cultural Organisation.
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New business consultancy helps startups get on their feet in Egypt
Those struggling to set up their startup can now turn to Connectors, a business consultancy that officially launched last month.
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IMF raises Egypt 2013 CPI forecast to 10.9%, highest since 2010
The Fund expected Egypt's inflation of 8.2 percent in 2013 in its half-yearly analysis of the world economy published last month.
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Turkey to increase $1 bln credit line to Egypt by $250 mln
Turkey has transferred $1 billion of a $2 billion budget support package to Egypt since last year.
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Stop selling liquor in Egypt!
Egypt's liquor stores are under growing pressure to stop selling alcohol from society itself.
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Egyptian business delegation visited Ethiopia
17 Egyptian companies were part of the business delegation looking for partners in Ethiopia.
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YouTube turns 8 years old
The internet's biggest video platform has been around for eight years - today, more than 100 hours of video are uploaded every minute.