Latest news
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OCI Awarded US$ 450 Million Worth of Infrastructure Work in Saudi Arabia
OCI announced today that its Saudi Arabian incorporated subsidiary, was awarded infrastructure work valued at US$ 450 million.
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OCI Welcomes Potential US$ 350 Million Debt and Equity Investment by IFC
Orascom Construction Industries (OCI) announced today that the IFC is considering a debt and equity investment package of US$ 350 million.
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Responsible Care ® Initiative Seminar in Cairo, Egypt
On Wednesday, July 6, 2011 a Seminar about Responsible Care ® Initiative was held at the Federation of Egyptian Industries Building, Cairo.
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First zone of the auto industry in Egypt
Rashid Mohamed Rashid, Minister of Trade and Industry was allocated half a million square meters in Sadat City to establish the first industrial area
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General Motors Egypt renews trust in the Egyptian economy
General Motors Egypt renews trust in the Egyptian Economy and launches the growth expansion plan of 2011.
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Hikma renews ISO 14001:2004 at Hikma Jordan facility
June 2011, Hikma Pharmaceuticals, announced the renewal of the ISO (International Organization for Standardization).
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"Port Said Madinaty" Campaign - Sunday, March 20, 2011
The new campaign is about raising the awareness to make your city not clean only but also beautiful.
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Sipes Sponsors Alshanek ya Balady (AYB) Annual Ceremony @AUC
Sipes was honored and pleased to sponsor Alshanek ya balady association's annual ceremony.
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EFSA issued a Periodical Memo regarding Insurance Activity - Tuesday 26/7/2011
EFSA issued a Periodical Memo regarding insurance activity during (January - March2011).
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Today: Record date for SODIC's stock split
Today is the record date for reducing the par value of Six of October Development and Investment (SODIC) from EGP 10 to EGP 4.
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Market Report: Egypt trades slow in shadow of Friday protests
The second trading day of the week sees further mild losses as global worries and the prospect of Friday clashes make investors cautious.
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Minimum wage to be announced next month
The Egyptian government will announce minimum wages for all administrative workers in the next month, said Finance Minister Hazem el-Beblawy.
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Egypt's Mobinil posts Q2 net loss of $18.2 mln
Mobinil reported a second-quarter net loss as political turmoil following the toppling of President Hosni Mubarak hit tourism and other businesses.
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Najaf and Cairo chambers of commerce sign agreement
Najaf & Cairo chambers of commerce signed an agreement today to establish a long-term strategic partnership between Egyptian and Iraqi businessmen.
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Dubai's Abraaj drops plan to buy stake in Egypt firm
Abraaj Capital said on Tuesday it has dropped plans to acquire stake in Egyptian private equity firm Citadel Capital.
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Still in turmoil, Egypt loses billions in tourism dollars
Egyptian tourism officials say the country had lost more than $2.6 billion by the end of June.
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Billions lost as EU says no to Egypt agriculture
The European Union said on Monday that they would not accept any Egyptian agricultural products into the continent.
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Egypt must clearly outline its economic policies, says UN economist
Despite a 5-percent decrease of global FDI inflows in 2010, Egypt retained its position as one of the leading FDI recipients in Africa.
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Another brick in the wall
The CBE has kept its overnight rates unchanged for the 15th time in a row. The deposit & lending rates stand at 8.25 and 9.75 per cent respectively.
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Egypt govt to set maximum wage in a month
Finance Minister Hazem al-Beblawy said Tuesday that the government would announce a maximum wage in a month to be applied to all state employees.