News
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Network switch saps Mobinil Q1 profit
Mobinil said revenue in the first quarter of 2012 rose 3.9 percent year-on-year to 2.5 billion pounds.
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Tantawi: Workers Have Important Role to Maintain Progress
Tantawi praised the role of workers in Egypt to preserve and support the development plans and to increase production.
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What’s going on with the Egypt fund
Cairo has been one of the world's best-performing markets so far this year, despite a weak currency amd central government.
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Egypt expects 14 million tourists in 2012
Minister of Tourism, Mounir Abdel Nour said at a conference in Dubai that Egypt is seeking to attract 14.5 million tourists this year.
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Mobile services for the poor still a question for technology and innovation
Examples were shared from all over the world about how mobile technology worked for the services of the less fortunate.
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Market Update: Egypt stocks edge up 0.5 pct by Monday close
Market turnover was LE354.1 million ($58.6m) with Orascom Construction and EFG-Hermes seeing the heaviest trade.
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On economics, presidential platforms offer broad strokes
Presidential candidates have presented remarkably thin platforms when it comes to the economy — if they have presented anything substantial at all.
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10,000 Megawatt to Be Added to National Grid
Some power generation stations have been operated, as the five-year-plan will supposedly generate up to 30,000 megawatt.
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Egypt's OCI gets consent for shareholder vote on split
OCI would continue to own the fertilisers business, while Orascom Engineering & Construction would own the construction business.
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IMF Ready to Lend Egypt $3.2 Billion at 1% Interest, Ahram Says
Khairat el-Shater, the Brotherhood’s chief strategist who was knocked out of the May race, announced the IMF would reduce the interest-rate.
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Heliopolis' Baron Palace to be put back on Egypt's tourism map
Iconic landmark on Cairo's outskirts will soon be reopened to public after planned restoration work, conversion into international culture centre.
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It all began with a bang
Robocon is a prestigious event in which engineering students compete to design the best robot for a specific challenge.
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Egypt takes fresh approach to food shortfall
Urban consumer inflation hovers at about 9 per cent, down drastically from 16 per cent in December 2010.
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Egypt gets $240 million boost from World Bank
The $240 million loan, the third major loan to Egypt approved in Q1 2012, will fund the third phase of the power station project in north Giza.
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Egypt Parliament Halts Work as Army Refuses to Fire Cabinet
Parliament has said that “the government creates the problems and that it obstructs this assembly and the work of this assembly."
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Egypt expects tourism to rebound this year to pre-revolution levels
There were already signs of improvement with tourist arrivals rising 40 percent in the first four months of this year from a year earlier.
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Al Watany Bank Passes Fire Without Losses
Customers’ documents and the treasury are safe after the fire that that occurred in the Dokki-Branch, according to the bank's managing director.
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Saudi envoy leaves Egypt in dispute over arrest
The kingdom carried through on its plan despite a phone call from Egypt's military leader to the king of Saudi Arabia.
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Market Report: Egypt stocks slip on political uncertainties
Diplomatic row with Saudi, domestic political wrangling put downward pressure on Egypt's two main stock indices.
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Yield rises at Egypt 266-day T-bill auction
The average yield on the 266-day bills rose to 15.616 percent from 15.529 percent at the last issue on April 17.