News
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Concentrating Solar Power in Egypt
An Egyptian academy will launch a pilot Concentrated Solar Power (CSP) project to test units that can simultaneously produce electricity and water.
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Egypt’s April Inflation Slows as Food-Price Increases Ease
Annual inflation in urban areas, the gauge the central bank monitors, fell to 8.8 percent from 9 percent in March.
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The new capitalists: Islamists' political economy
The Islamists' success in the political arena highlights the huge challenges they face in developing and implementing a coherent economic programme.
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Egypt to host 4th Africa Water Week
The 4th Africa Water Week conference, themed “Water for Growth in Africa … AMCOW’s Journey at 10”, will take place on the 14th of May 2012.
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Who is Egypt’s Kamal Ataturk?
What is clear from all of the discussions to date is no aspiring candidate seems to have a real sense of what to do about the economy.
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Rural Egypt breaks from its Islamist past
Egyptians outside of Cairo are more concerned with the economy and security than religious issues.
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Egypt state revenue up 23.5 pct over last 5 months: PM
State revenue rises 23.5 pct over last five months - an increase of almost LE36 billion - El-Ganzouri announces at Wednesday presser.
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Red Sea resort seeks a role in movie business
A vast Red Sea tourism resort wants Britain's Pinewood Studios to set up in Egypt to tap the potential of the country as a location for film sets.
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Egypt's Zewail science city hit by universities' dispute
Nile University began construction and its staff had begun moving in, when last year's revolution resulted in a change of government.
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Crisis looms between Egypt’s central bank, parliament over Islamic banking
The People’s Assembly want to discuss the possibility of modifying the rules that restrict the establishment of new Islamic banks.
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Saudi loan seen unlikely to cut Egypt T-bill costs
Egypt's finances have been stretched thin by 15 months of political turmoil that has cut into tax revenue.
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William Hague on Egypt, Iran and Syria
UK Foreign Secretary William Hague talks about British policy towards Egypt's new democracy and its economic outlook.
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Egypt’s economy recovers gradually
The revolution could have ended up pushing the Egyptian economy to fall, but confirmed good indicators might beat such estimates.
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Palestinian airline resumes flights from Egypt
Palestinian national carrier tries to make life easier for Palestinians traveling from Gaza as more routes will be launched soon.
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Market Update: Egypt stocks close the week down 0.33 pct
The broader EGX70 index dropped 0.27 per cent and EGX30 slipped to 5,015 points.
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Banque Misr & NBE markets MAF's EGP 3 Bln Loan
Banque Misr and the National Bank of Egypt invited banks to participate in 50% of the total value of the loan.
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Saudi Arabia transfers $1 bln to Egypt-minister
Egypt, which is also negotiating a $3.2 billion loan from the International Monetary Fund, has been seeking funds from international donors.
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Prof. Uzi Rabi: Egyptian market closed to Israel
Rise of Islamic political parties means that there is zero chance that Israel could export its natural gas through Egypt's LNG facilities.
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Arab world population to double by 2050, report
"The State of Arab Cities 2012: Challenges of Urban Transition" is the first issue of the UN- Habitat program in the Arab countries.
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Increase in Egypt Central Bank Reserves doubtful: Analysts
It seems that the increase of $90 million could have amounted to “propaganda” in an attempt to win the confidence of investors abroad.