Latest news
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Banque Du Caire Starts Applying Basel II Regulations
Mounir El-Zahed, chairman of Banque Du Caire, said that the Bank is the first to apply Basel II regulations in Egypt before the deadline in Dec. 2012
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Social Media & Politics: Egyptians Swamp Obama Facebook Page
Supporters of presidential candidate Abu Ismail are asking Obama - through Facebook - to declare that their candidate is not an American citizen.
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Egypt's Ezz Steel 2011 net profit falls 20 pct y/y
Net profit after minority interests dropped to 202 million Egyptian pounds ($33.5 million) from 252 million pounds.
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Egypt urban inflation dips to 9 pct in year to March
The urban consumer price index for March was 122.6 versus 112.4 a year earlier, the state statistics agency CAPMAS said.
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Facebook buys Instagram for $1 billion
The sale is expected to close later this quarter, and will bring the nine-person staff of Instagram to the social network.
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Toyota starts Fortuner assembly in Egypt
The Japanese automaker aims to build about 3,000 Fortuner's per year at AAV's plant, with Toyota Motor Engineering Egypt managing the operation.
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New Customer Service Hotline is launched
New Hotline launched now to serve you better! Reach us easily through 19792 to get all questions answered directly!
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Muslim Brotherhood candidate stays focused on Egypt's economy
"It's very important to depend on local, Arab and foreign investments in development programs," Muslim Brotherhood candidate Khairat el Shater says.
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Jail or fine for those violating the wage cap: Parliament
MPs have set tough new rules limiting wages in the public sector to a maximum of LE50,000 per month.
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Valuation Methods for Small and Medium-Sized Enterprises in MENA
Elie Habib writes about the various methods that can be used to value a company objectively.
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Network aims to empower MENA female entrepreneurs
"Unleashing the Economic Potential of Women in the MENA Region" will focus on mentoring & levering technology, empowering female entrepreneurs.
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Egypt's subsidies: Reform or die
The economy is facing severe liquidity crunch and the government has had to seek assistance from International Monetary Fund (IMF).
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CBE: 781 Million Disbursed for Yellow Remittances
EGP 781 million have been disbursed during the past two weeks for transfers yellow owners representing 33% of the total value.
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Egypt's nightlife singing the blues
Disgraceful or not, the gambling tax is part of Egypt's State budget, which is forecast to incur a deficit of LE144 billion this year.
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New requirements on exporting textile products to Egypt postponed
This is the second time the implementation of new specifications on imported goods into Egypt has been postponed.
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Egypt's Suez Canal rises 3.5 pct in year to March
The canal's revenue in March 2011 was $413.5 million and revenue rose 12.2 percent month-on-month from $381.4 million in February 2012.
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Market Report: Egypt market slips 2.7 pct on political and IMF loan uncertainty
Unresolved issues between government and Islamist-dominated parliament undermine investor confidence in stocks.
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PM Discusses Problems of Trade Unions, Education
The prime minister asked that additional pension be given to members of the professional trade unions.
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Italy may convert $100 million of Egypt debt into grants: Italian PM
Around a quarter of the sum Egypt owes to Italy could be redirected into development and infrastructure projects, according to state news agency.
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Qatar University collaborates with MIU & USC in live pharmacy training
College of Pharmacy (CPH) collaborated with Misr International University (MIU) Egypt to bring a 4-hour live training video conference.