News
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Egypt exceeds expectations and “surprises” orange market
The continuous supply of Egypt's Valencias oranges to the Middle Eastern market this year has positively surprised ME importers.
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UAE looks to boost ties with Egypt: Abdullah
The United Arab Emirates are interested in strengthening political, economic and investment relations with Egypt in the coming period.
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Egypt's Islamist future
Struggle for supremacy between the Islamists and the military is 2nd to a more important political battle: what kind of Islamic state will Egypt be?
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Egypt and Germany sign protocol
Ibrahim Mehllib, head of Arab Contractors and Dr. Rainer Herret of the German Arab Chamber of Industry and Trade signed a cooperation protocol.
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Telecom Egypt drops in Cairo on 2nd CEO change in 6 months
CEO and Managing Director Tarek Aboualam will step down as of Aug. 11, leading the shares of Telecom Egypt to drop 1.5%.
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TransGlobe Energy tights grip on Egyptian exploration block in deal with Cepsa
TransGlobe Energy Corp. is planning on buying Cepsa Egypt SA from its Spanish parent to gain full ownership of the South Alamein concession.
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Egypt’s new president: a promising start
Morsi has an economic strategy to develop free market and tourism and also plans to pursue transparent policies without giving preference.
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Retailers waiting for stability
Egyptians have mixed feelings about the state of their country’s economy and how it will affect their spending patterns for the rest of the year.
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The real reason the U.S. should consider cutting Military Aid to Egypt
It's not just about deterring the country's generals from grabbing power - it's about demonstrating that the U.S. is making democracy a top priority.
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New Egypt president takes on military over parliament
With the economy having suffered, newly elected president Mohammed Morsi needs to struggle with the military.
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New Egypt government to approach IMF soon, says finance aide
After the realtionship between the IMF and Egypt became somehow critical, the government is planning a new approach.
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Transforming Egypt's economy, military daunt Morsi
Economists have been encouraged by the economic platform pushed by Morsi, based on the Muslim Brotherhood's Renaissance Project.
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Egypt’s Mursi boosts military pensions by 15 percent
The military personnel should enjoy an additional 15% on their pension rates, yet the ministries are still discussing where to get the money from.
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Hilton Worldwide adds two hotels to its Egypt portfolio
Hilton Worldwide is building a partnership with Egyptian Touristic Resorts, in order to open two new hotels in Egypt.
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There are solid investment opportunities in Egypt's instability
With the political and economic instability in Egypt, it is kind of hard to decide which investment risks to take and which to discard.
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Egypt is waiting for tourists once more
There is strong optimisim in the country at the moment, as an elected president finally takes his post & plans to work on fixing the tourism sector.
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Egypt sees trade deficit rise dramatically in March
Egypt's trade deficit rose to 21.3 billion Egyptian pounds in March, which is 95% higher than in the same period last year.
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Tour Guides Syndicate: Morsy's Tahrir Square speech reassuring
The Tour Guides Syndicate will try to meet the president in order to voice their demands, like Morsi visiting beach areas and giving speeches there.
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FJP supports tourism; will not restrict tourists’ freedom
Freedom and Justice leaders assure that they fully support tourism and seek to expand and improve tourist services vertically and horizontally.
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FJP supports tourism; will not restrict tourists’ freedom
Freedom and Justice leaders assure that they fully support tourism and seek to expand and improve tourist services vertically and horizontally.