News
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Egypt's broadband plan delayed
Political uncertainty & proposed changes to the telecommunications sector delayed Egypt's US$2.4 bln plan to expand the country's broadband network.
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1,300 tourists witness sun illumination of Ramses II statue
The tourists were keen to take photos and record videos of the event, which demonstrates the ancient Egyptians’ grasp of astronomy.
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Egypt freezes assets of ex presidential candidate
The decision by the Illicit Gains Authority is the latest legal move against Shafiq, who held senior posts under deposed president Hosni Mubarak.
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Legal challenges test foreign investors in Egypt
Lawsuits attempting to overturn the sale of state assets under Mubarak's rule threaten to deter foreign investment.
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Thanks to social media, Arabs become more tolerant
The latest series of the Arab Social Media Report, released by the Dubai School of Government, covered eight Arab countries.
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Egyptian tour guides to strike in November
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Egyptian tour guides to strike in November
The tourist guides are demanding the cancellation of manadatory training they must pay for in order to renew their license.
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Egyptian tour guides to strike in November
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Egypt studying joint bourse trading with Turkey
Turkish investors would be able to trade directly on the Egyptian bourse through Turkish brokerages and vice versa.
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Expo ‘great beginning for Egyptian firms’
The ‘Made in Egypt’ exhibition at the Doha Exhibition Centre has been drawing an increasing number of visitors, organisers said yesterday.
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Orascom deepens business links with parent Vimpelcom
Orascom said it was changing its name to Global Telecom Holding SAE after Vimpelcom took control of the Egyptian company last year.
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Iran, Egypt agree to resume commercial ties
Last week, an Egyptian business delegation visited Iran and held a meeting with Iranian officials and businessmen at the Ministry of Industry.
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Malaysia to benefit from Egypt’s rising economy
Bilateral and potential multilateral cooperation would create new markets and economic groupings that would benefit both parties.
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Egypt turns to renewable energy to meet growing electricity demand
New analysis from business research and consulting firm Frost & Sullivan estimates a compound yearly growth rate of 5.6% in electricity demand.
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Egypt shop curfew to reduce business power consumption by 35%
The commercial sector accounts for 8 percent of the country’s total electricity consumption, Abou el-Ela said by phone.
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Egypt sees 20% rise in tourist numbers this year despite insecurity
Tourism accounted for more than a tenth of Egypt’s GDP before the revolt, and it seems like it is slowly coming back.
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Telecoms reforms put Egypt and Lebanon on divergent paths
The telecoms sector in Egypt and Lebanon is set for a massive overhaul that could drastically change the landscape of their mobile-phone markets.
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Silicon Valley on the Nile?
With Egypt stuck dangling between its past & future, a growing number of entrepreneurs are trying to propel it forward despite its troubled economy.
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Islamist businessmen challenge Egypt's old money
Opponents say the Brotherhood wants to replicate in business its firm grip on politics.
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Tourism anticipates comeback in winter
Before the winter sets in, tourism officials are trying their best to revamp Egypt's wonders across the nation in a bid to attract more visitors.