Latest news
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Yields fall at Egypt nine-month T-bill auction
The average yield edged down to 15.622 percent from 15.642 percent at last week's auction and the bank sold all the 3.5 billion Egyptian pounds.
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ME online shopping on the rise, says Sukar.com
A comparison showed that prepaid channels accounted for 70 per cent of all payments in February 2012 compared to a mere 20 per cent in February 2011.
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New Etisalat CEO Saleh Al Abdooli starts today
Etisalat UAE welcomes Saleh Al Abdooli, who served as the CEO of Etisalat Misr for the last five years.
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Egypt's EFG-Hermes 2011 net tumbles 63 pct -bourse
Consolidated net income last year was 307.7 million Egyptian pounds ($50.96 million), down from 826.2 million pounds in 2010.
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Egypt worried about its investments in Karachi
European and Middle Eastern countries had made investment in Pakistan and they want their investment to return profit, not losses.
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What Fuels the Most Influential Tweets?
The messages with the most immediate relevance tend to have a higher probability of resonating within a certain network than others.
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Global companies to inject dlrs 15.6bn in oil sector
Int'l companies operating in Egypt in the field of oil and gas research, exploration and production are keen to keep up their investments in Egypt.
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Food inflation back on agenda as prices rise
High oil prices are fanning hikes in the cost of staples, say analysts, predicting further rises to come.
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Muslim Brotherhood “Charm Offensive” Includes U.S. Chamber of Commerce
According to the Washington Post, the Islamist organization has been engaged in a “week-long charm offensive” in Washington, D.C.
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Credit Agricole Egypt confident in Egypt's economy, appoints new BOD members
The bank reiterated its commitment to implement its business plan to meet its performance objectives in Egypt.
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Egypt Among World's Top 10 Economies in 2050
The International Monetary Fund predicts emerging economies will expand by 5.4 per cent this year and 5.9 per cent next year.
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Majid Al Futtaim set to double mega malls
Last week, Majid Al Futtaim opened its 11th mall, Fujairah City Centre, and the developer is seeking land in Abu Dhabi.
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Egypt Offers Bills as IMF Aid Faces Impasse; Dollar Bonds Fall
The Freedom and Justice Party may reject a proposed $3.2 billion loan from the IMF when it is presented before parliament.
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Cairo, Doha probe boosting Bahraini investments in Egypt
General Authority for Investment and Free Zones tries offering all possible incentives for Bahraini investors in Egypt.
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Egypt's ExxonMobil workers strike to get permanent contracts
A strike by ExxonMobil workers enters its fourth day Saturday with workers demanding contracts after working for years as subcontractors.
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Pakistan sees opportunities in meat, wheat, cotton JVs with Egypt
Egypt is presently importing most of its meat from Kazakhstan, which meant Pakistan could potentially tap into a very large market.
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Flirting with Islamic finance
With Egypt's politics dominated by Islamists, the financial market has developed a love for Sharia-compliant products.
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Google-branded, ASUS-made tablet reportedly arriving in July
The Verge? is reporting that such a device is in the works, and is slated for a July launch at the earliest.
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67 pct of Egypt employees expect a raise in the next 12 months, says poll
Over the past five years, 36 percent have held two jobs; 28 percent have held one job, while the remainder have held three or more.
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Reforming Egypt's Untenable Subsidies
Egypt's current economic woes and political transition make the prospects of a comprehensive and effective subsidy reform particularly challenging.