News
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$8 million to finance activities of young researchers
The Egyptian-US Fund is planning to support innovation programs and promote cooperation between research centers and industrial entities.
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US urged to reach out to "pro-business" Egypt
The American Chamber of Commerce is calling upon the Washington International Trade Association to start free trade talks.
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Egypt's Olympic team gets free Nike clothing
After Egypt's Olympic Team received counterfeit gear, Nike decided to donate whatever they needed at London 2012.
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Revival of Egypt economy needs huge work: Analyst
Director of Pan-African News Wire Abayomi Azikiwe believes that Hesham Qandil was chosen for his westernised technocratic background.
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Tourism Minister declines same post in New Cabinet
As Prime Minister Hisham Qandil is forming Egypt's new cabinet, Tourism Minister Mounir Fakhry Abdel Nour decided he did not want to resume in post.
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Vodafone Egypt selects Ericsson to boost its radio network
In order to meet the demands of the growing number of subscribers, Vodafone Egypt decided to ask for Ericsson's help.
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UK firm denies 'cyber-spy' deal with Egypt
A UK firm offered to supply "cyber-spy" software used by Egypt to target activists, the BBC has learned.
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Hilton to open two new hotels in Egypt
Hilton Worldwide is planning to build two new hotels in Cairo and Alexandria, expanding its presence in the Middle East and North Africa.
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Egyptian assets in Swiss banks at $700 million
Swiss banks are on a roll, as more assets of the members of the Mubarak family are being frozen.
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Egypt's EFG Hermes confident of QInvest deal by October
Although the Egyptian Financial Supervisory Authority is planning to call of the QInvest-EFG Hermes deal, the latter seems confident.
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Egypt's stock market rebounds, but foreign investors stay away
Although investors are not that confident anymore, Egypt still reaps the benefits of the stock market surge after the presidential election.
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Outgoing Finance Minister prepares for hand over
It seems like Finance Minsiter Momtaz Said will not pursue his post in the government, as Hisham Kandil appoints new ministers.
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Egypt relies on c.bank to finance growing deficit
Egypt has been borrowing in unthinkable scales from its Central Bank, in order to keep the economy up and running.
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Egypt Olympic chief says the team will wear counterfeit Nike gear
Because "the real thing is too expensive" and the economy is not at its best, Egypt's Olympic team will wear fake Nike gear in London.
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Tunisia, Morocco, Egypt and Jordan face real economic challenges
The European Bank for Reconstruction and Development released a report about the economic challenges of North African countries.
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Islamic finance's fortune turns in Egypt
Islamic Finance gained new hope after the success of Islamist political parties post Jan25-revolution, following years of suspicion.
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Egypt watchdog suspends QInvest-EFG deal-news agency
Egyptian Financial Supervisory Authority suspended a joint venture deal between Egyptian investment bank EFG-Hermes and Qatar's Q-Invest.
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Egypt watchdog suspends QInvest-EFG deal-news agency
Egyptian Financial Supervisory Authority suspended a joint venture deal between Egyptian investment bank EFG-Hermes and Qatar's Q-Invest.
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Citadel cancels Egypt energy firm sale
Citadel Capital earlier said in January that Golden Crescent Investments reached an agreement to sell its 100 per cent stake in NPC Egypt.
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Morsi chooses little-known Hesham Kandil as prime minister
After three weeks of waiting, Egyptian President Mohamed Morsi appointed Minister of Irrigation Hesham Kandil as Prime Minister.