News
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Market Update: Egypt stocks gain slightly in midday trades
Bourse makes modest gains following four days of losses on back of scattered violence.
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Investing in the Arab Spring: Egypt
The elation of the Egyptian revolution in Tahrir Square has faded since the start of the year, with faith in the transitional military gov't shaken.
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Orascom denies talks with Algeria on Djezzy right of refusal
Djezzy, which has been Orascom's biggest single source of revenue, has been under threat of nationalization by the Algerian government.
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Electricity Minister: Qualifying cadres in managing power grids in Africa
Establishing databases for the energy in Africa is very important in adopting appropriate policies to support energy projects in the continent.
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Gas summit starts with call for fair price
There is an urgent need to achieve stability to the natural gas industry, said Egyptian Petroleum Minister Abdullah Ghorab.
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Company closes Egyptian plan near scene of deadly protest
Vancouver-based firm removes employees from site until situation stabilizes.
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Egypt's Suez Canal Oct revenue $447.9 mln
The canal's revenues in October 2010 were $427.3 million. Revenues in September 2011 were $438.3 million.
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Some 300k foreign workers in Jordan, most of them from Egypt
One of the problems on the Jordanian employment scene is that Jordan both imports and exports workers, as Egyptians make up for 68% of foreign labor.
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Egypt Seeks $1.8 Billion From Bill Sales as Yields Advance
The Arab country will seek bids for 2 billion pounds and 3.5 billion pounds in six-month and one-year notes, respectively, on Nov. 17.
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Ministry of Communications and Private Sector Undertake Joint Ventures
An official source with the ministry said that these projects are to cost EGP 50 million.
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Egypt's Egas plans gas bids round early 2012 -minister
Egypt's current oil and condensate production is currently in the range of 700,000 barrels per day.
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Egyptian culture minister holds high hopes for TÜYAP fair
The TÜYAP International Istanbul Book Fair this year hosted Egypt as its guest of honor.
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Telecom Egypt to Expand Broadband, Mobile Services, CFO Says
The company will start operating a new undersea cable by the end of this year to increase capacity for data services.
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Egyptian tender offer for wind farms
Energy Minister Hassan Yunis said the tender involved the supply and installation of the wind farms, as well as the maintenance.
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Egyptian Stocks Slump Amid Increasing Violence Before Elections
Egypt’s main equities index has lost 42 percent this year, making it the world’s third-worst performer, as the country’s economy ground to a halt.
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Telecom Egypt Q3 results down on weak market conditions
Revenues were down 10 percent from the second quarter to EGP 2.35 billion, amid continued disruption to Egypt's business environment.
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Gov't Affirms: Work in All New Plants in Damietta Suspended
The government is keen to meet all environmental standards in factories and establishments in Damietta governorate and port.
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Telecom Egypt launches telephone service to help voters
Voters can now call Telecom’s 140 phone directory, provide their national ID Number and within seconds be told their constituency and polling station
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World Bank officials to visit Egypt again over borrowing
Vakhtang Lejava, a World Bank representative, said he met with several Egyptian officials from the Trade, Industry and Finance ministries.
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Vodafone Egypt adds 1.4 mln subscribers in Q3
Vodafone Egypt added a net 1.429 million new subscribers in the quarter, for a total 35.535 million at the end of September.