News
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Egypt eyes $650 million of foreign funding
The military has previously shown reluctance to build up foreign debts because it only holds power in Egypt for a transitional period.
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Egypt's tourism allegedly hit by "Committee to Promote Virtue and Prevent Vice"
Egypt Tourism Supporters file report against Salafist “Committee to promote virtue and prevent vice”.
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Pensions to increase ahead of IMF visit, says premier
Kamal El-Ganzoury said the Cabinet decided to raise the social security pension from LE 150 to LE 200 starting January 2012.
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IMF plans to visit Egypt in January after canceling December visit
The fund’s experts have maintained communication with Egyptian officials, discussing ways to cope with the country's economic challenges
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Egypt's Ministry of Antiquities tackles budget crisis
Exempting small business owners at touristic sites from back rent and setting aside additional funds for medical care of ministry staff.
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DSWP wins $38m Egyptian petchem project
Drake & Scull Water and Power (DSWP), a subsidiary of Drake & Scull International, has won its first petchem project in North Africa.
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Vodafone Egypt upgrades subscriber systems with NSN
Nokia Siemens Networks is upgrading the subscriber data management system, including the One-NDS platform.
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Arab Spring drives IT market growth
Intel says IT device purchases soared after unrest in several countries.
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Macroeconomic indicators: Egypt budget deficit to reach EGP 182 billion
Foreign borrowing has become a necessity for the Egyptian economy to cover the deficits in budget and the balance of payment.
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Egypt Islamist party says wants to boost tourism
The strong showing by Islamsists in Egypt's staggered parliamentary poll has aroused fears among liberals and others in Egypt in reference to tourism
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Business owners feel effects of Egyptian currency's depreciation
Badly knocked by the unrest & political uncertainty during the past year, the Egyptian economy is further hurt with the flight of foreign investment.
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Egypt’s sinking economy belongs to the Islamists now
High unemployment, plummeting tourism and foreign investment and a crippling budget problem threaten to place additional economic hardships.
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Abu El-Naga: 202.5 Million Granted By EU to Support the Country
Abu El-Naga praised the deep relations between Egypt and the EU, noting that these relations are an important component of foreign relations.
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A new eco-village in Upper Egypt renews interest in sustainable tourism
Donor money has been directed to Upper Egypt more than any other, but because of policy failures, all development indicators have remained the same.
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Egyptian Envoy calls on Pakistani Petroleum Minister
The minister said that Pakistan has always cherished the constructive role of Egypt in Organization of Islamic Countries (OIC).
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Egypt reverses duty-free alcohol restrictions
After mounting criticism from the Egypt Free Shops Company & the tourism ministry, the restriction on alcohol and cigarette purchases is withdrawn.
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Agriculture in Egypt
Egypt stands to gain by in multiple ways by investing in its agricultural sector.
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Egypt detains man over gas pipeline blasts - agency
"The security forces have managed to find one of the participants involved in the explosions on the gas pipeline," MENA reported.
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Egyptian public-sector wage cap issue remains in limbo
Despite government promises to contrary, public-sector maximum wage will most likely not be implemented next month.
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Revolution in Egypt is an opportunity for difficult change: UK minister
Taken by surprise by the Arab Spring, British Minister Alistair Burt tells Ahram Online how opinions on the Middle East are being revised.