Latest news
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Price rises to kill fertiliser black market: Agriculture Minister
Farmers syndicate questions government’s ability to cut black market and says price rises burdens farmers.
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Egypt's broadband market worth LE310 bn by 2030
The Egyptian telecommunications industry has seen rapid growth over the past 10 years, driven by the uptake of mobiles.
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Egypt's natural gas exports down 86% y-o-y in August
Natural gas exports continue to drop as more production is used to meet Egypt's rising electricity demands.
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Tamar partners negotiating sale of natural gas to Egyptians
Gas will be delivered via pipeline originally built to transport Egyptian gas to Israel.
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Egypt 2014 economic reforms obtain IMF-World Bank commendation
Egypt 2014 economic reforms received much praise at the IMF/World Bank annual meetings that ended earlier this week in Washington.
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2014 sees significant investment, acquisitions in mobile phone sector
Investments injected into the telecommunications and IT sector will be directed toward mobile applications during the coming phase.
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PAYFORT set to unveil e-payment solutions at Cairo ICT 2014
The online payment service provider continues to see great future for Egypt’s e-commerce industry, and aims to help it realize its potential.
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Samsung Egypt to launch SONO School
Samsung Electronics Egypt signs protocol to launch SONO School in Egypt's First Ultrasound Fetal Care Unit in Ain Shams University Hospital.
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Egypt's growth to reach 6% in FY 2018/19: Minister
Egypt's government has announced a five-year plan to raise growth to 6% and cut debt to 80-85%.
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Egypt agriculture poised for growth
KADCO’s main focus is to cultivate crops such as wheat, corn, alfalfa and barley for the domestic market.
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Egypt’s bold reforms start to bear fruit
Most significant are cuts to Egypt’s ruinous subsidies, which Sisi slashed by about a third in July.
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Foreign investment in Egypt doubles to over $6 bln in 2013/14
After nine months of the 2013/14 fiscal year, FDI had stood at $4.4 billion.
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600 hotel rooms booked: Egypt chooses partners for economic summit
The government intends to attract investments to fund projects worth approximately $80bn.
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Egypt Q4 GDP growth rate up to 3.7 pct as confidence returns
Economic growth rate rises up beginning April till end June 2013 as confidence increases - annual growth remain relatively low at 2.2%.
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Egypt Air to resume Zimbabwe flights in November
The airline, which used to fly three times a week between Cairo and Harare, had announced in August that the route was not lucrative enough.
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Investment ministry forms advisory committee for public sector management
The committee will meet monthly and will follow up on the implementation and restructuring plan initiated by the ministry.
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Polish tourists favour Egypt for holidays: Report
Polish tourists prefer Egypt's Red Sea resorts over Greece, Spain and Turkey, says a report by a Polish tour operators association.
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Citigroup says goodbye to Egypt, 10 countries
Citigroup, the U.S. bank with the broadest global reach, isn't so keen on globalization these days. It's pulling out of 11 countries.
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Egypt imposes temporary tariffs to protect steel industry
The 7.3 percent tariffs will last for a maximum of 200 days, but could eventually be made permanent, the industry and trade ministry said.
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Egypt to receive $5bn in loans from UAE and Saudi Arabia: Source
Saudi Arabia and UAE pledge $5 billion to prop up Egypt FX reserves after return of Qatari deposits.