Latest news
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Egypt’s central bank reacts
The Central Bank of Egypt is taking all necessary steps and measures to preserve the stability and security of the banking sector.
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Egypreneur goes mobile
Egypt’s start-up society Egypreneur launches its application for Android OS, as a new channel to connect to the country’s entrepreneurs.
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PM: Stability key to fixing economy
Egypt's budget deficit surged to 11 percent of gross domestic product in the financial year that ended in June 2012.
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Egypt constitution passes, economic crunch looms
The battle over the constitution left Egypt deeply polarized at a time when the government is increasingly cash-strapped.
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No more than $10,000 can cross Egypt's border
This decision comes in light of some changes Morsi has been undertaking in the policies of the Central Bank of Egypt.
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Morsi issues decree to establish controversial Zewail science centre
The decree is the latest measure in a struggle between Nile University and the Zewail City of Science and Technology over disputed land.
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S&P downgrades Egypt credit rating
Standard and Poor's has downgraded Egypt's long-term credit rating because of "elevated" tensions over its political crisis.
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In Egypt, Samsung, IBM, Intel, Oracle are investing eagerly
Samsung announced plans to build its first plant in the region in Egypt.
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Egypt to announce result of constitution vote on Tuesday
The creation of a new constitution is a vital step in Egypt's transition to democracy almost two years after the fall of military-backed Mubarak.
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Tourism losing thousands of dollars every minute
An unstable Egypt is costing the country a fortune in missing tourism funds.
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Passing Egypt's constitution hopeful step to revive economy
A new constitution, an elected president, along with prospective parliamentary elections mean a stable political system.
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Fragile Egypt economy overshadows Mursi's vote win
Morsi may have squandered any chance of building a consensus on tax rises and spending cuts that are essential to rein in a crushing budget deficit.
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Dubai’s MAF Group eyes Egypt supermarkets in $300m deal
The Majid Al Futtaim group is reportedly in talks to buy the supermarket business of Mansour Group.
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Egypt’s incessant protests are scaring away tourists
Egypt’s revolution and ensuing unrest have caused the number of visitors to the country to decline by about 37 percent.
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KSA and Egypt to become top private equity destinations
According to experts from Ernst & Young, Saudi Arabia and Egypt are poised to become MENA’s most attractive PE destinations.
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Egypt plans tender for gas imports, says minister
Egypt, itself a gas producer and exporter, said in October it had agreed to import gas from Algeria and was in talks with Qatar for a similar deal.
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Who is Hisham Ramez, CBE's new governor?
The Central Bank of Egypt (CBE) stands before a shift in powers, as Hisham Ramez replaces Dr. Farouk El Okdah as Governor of CBE.
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Pearson helps Egypt increase work skills of graduates
The MOU was signed at the launch of the Government’s new Tamkeen project, an initiative of the Ministry of Industry’s Training Council.
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Hisham Ramez appointed Egypt central bank governor
Egypt's cabinet on Saturday denied a report that central bank governor El Okdah had resigned, Reuters reported.
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Political crisis pains Egyptian tourism
Last year the number of visitors to Egypt dropped to 10.2 million, down 32 per cent from 2010.