News
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New head of the Cairo Opera House appointed
Inès Abdel Daïm has been announced as new chairperson of the Cairo Opera House, replacing Abdel Moneim Kamel who held the position since 2004.
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Piraeus Bank approves 400 mln euro capital increase, to sell Egypt ops
Piraeus said it hired Barclays Capital to help sell Piraeus Bank Egypt.
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Egypt's Kabo posts wider first-quarter net loss - bourse
Kabo is 49 percent owned by Amwal Al Arabia, the textiles arm of Arab Cotton Ginning Co and sister company Egypt Ginning.
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Gamesa to deliver turbines for Egyptian wind energy projects
The Spanish company will deliver 100 units of its G80-2.0MW turbine for the power projects in the Gulf of El-Zayt on Egypt's Red Sea coast.
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Five Things that Worked in 2011 Foretell 2012
What better time to remind ourselves of a few developments during the year that are worth at least a quiet moment of celebration?
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Cable cut slows down Internet in UAE
Du issues warning after two underwater communications cables were cut off in Egypt and India.
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UNICEF demands protection for Egypt’s children
UNICEF says that at least two children were killed, tens injured and 73 detained during the six days of clashes that began on 16 December 2011.
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Action taken to restore Egypt Scientific Institute
A meeting to draw a comprehensive restoration plan for Egypt Scientific Institute is to be held Tuesday at the Ministry of State for Antiquities.
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Arab women lag behind men on social media use
One of the most groundbreaking events of the year was the announcement of the Nobel Peace Prize to the first Arab woman Tawakul Karman.
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Arab Protests Resulting in Economic Difficulties
The unrest "has so far cost the worst-hit countries some 55.84 billion dollars in 2011 alone, excluding the losses of human life and infrastructure.
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Arabs feel relatively free on social media
The survey was conducted between August and October, and focused on usage habits and the effect of social media on women.
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Egypt's PM urges G8 to help unlock promised aid
Under the so-called Deauville partnership, G8 countries agreed to supply economic and political aid quickly to several Arab governments.
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IMF cancels planned Cairo visit to negotiate loan
The IMF attributed the decision to Egypt’s credit rating, negative economic projections, instability, political unrest, and the CB's reluctance.
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AMF, Egypt sign 2nd part of USD 470 million loan accord
The loan aims to support the program of structural reform in the state budget and changes adopted by the government, el-Naga said.
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Gov't Launches New Package of Measures to Facilitate Life for Citizens
The government is working to carry out the current five-year plan which aims to cultivate 3.2 million feddans.
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Beirut airport foils drug smuggling attempt to Egypt
The pills, hidden in glass containers, were the equivalent of 2 kilograms of drugs, the sources said.
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Egypt to offer 5 bln EGP in 3- and 5-year bonds
Investors did not take up the full amount offered at the government's last three bond auctions.
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Egypt economy grows by 0.2 pct, down on previous quarter
The drop in the growth rate is driven by contraction of tourism, construction and manufacturing industries while domestic consumption saved it.
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Foreign travel agents cancel Christmas bookings, fear unrest
The success of the first phases of the parliamentary elections portends stability, but the media gave a different impression to European tourists.
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Top consumer backlashes on social media
People took to Twitter, Facebook and discussion threads far and wide to express their dissatisfaction with services and products.