Latest news
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Opinion: What future for Egypt’s wealth?
Ayman El-Amir explains: Egypt is the largest consumer market in the Middle East, which Gulf trading companies can flood with consumer goods.
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Without IMF deal, investors wary of Egypt
A deal with the International Monetary Fund would lend vital credibility to the new Islamist-led administration.
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Egypt struggles to pay oil bill
The Oil Ministry is in the midst of negotiating new payment deals with the companies, which are among the leading investors in the country.
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Salafis lured as IMF aid beats AA debt: Islamic Finance
In times of extreme need, Hossam Aql, an Egyptian professor of Islamic studies said, Muslims are allowed to resort to non Shariah-compliant options.
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Citadel Capital announces positive, prosperous progress in 2Q12
Citadel Capital reported a 6.9% quarter-on-quarter rise in total invested equity as it began drawing down funds.
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What do Egyptians spend their money on?
An insight on Egyptian spending schemes and consumer behavior to help investors and entrepreneurs create their business models.
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Tension rises, but Israel and Egypt stick to economic pact
Despite its harsh rhetoric, the new Egyptian government is largely standing by to its trade agreements with the Jewish state.
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Novotel Cairo El Borg and Mercure Ismailia get award of excellence
Both Accor Hotels were awarded for their great service and unique features from the Ministry of Tourism.
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Muslim anger could spur economic growth
Events including Muslim Anger could spur leaders in North Africa to reassess their economic and security policies.
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Poster contest in Egypt to remember Mahatma Gandhi's teachings
Indian Ambassador Navdeep Suri and renowned Egyptian artist Mohamed Abla jointly garlanded Gandhi's bust at a ceremony.
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Egypt to raise power supply to Gaza in two weeks, Minister says
The North African country is currently providing Gaza with 22 megawatts of power capacity, Balbaa said in an e-mailed statement.
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Egypt talks on $4.8 billion deal with IMF delayed
Egypt was due to receive a team from the International Monetary Fund at the end of September to discuss the terms of the loan.
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UAE, Morocco banks bid for BNP’s Egyptian arm
The sale is expected to generate as much as $500-million for the French lender, said one banking source speaking on condition of anonymity.
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Telecom Egypt appoints a new Chairman
Omar El Sheikh has extensive industry experience stretching over 36 years with a particular focus on telecommunications and information technology.
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Why can't big companies innovate - unlike startups?
The corporate, multinational company scheme is created to stall creativity, rather than promote it - and thus, the company becomes "brain-dead".
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A pioneer charity with a business mentality
The successful model in Egypt was transferred to other Arab countries for implementation.
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Egypt: Housing a priority
Estimates of Egypt’s housing shortage vary but all agree that it is large, with most assessments putting the figure between 1m and 1.5m units.
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Egypt signs $1 billion Turkish loan deal
Mursi signed the loan agreement with Turkish Prime Minister Recep Tayyip Erdogan after giving a speech at Turkey's ruling AK Party conference.
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US partners with young Egypt entrepreneurs to launch new business ideas
During the weekend, aspiring entrepreneurs formed twenty-four teams to develop and pitch ideas to start new businesses in Start-Up Weekend Alexandria
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Sanmar Group to invest $200 million to expand factory in Egypt
The Sanmar Group is the largest corporate investor in Egypt, with its investments totalling $1 billion.