News
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Environmentalists urge Egypt to cash in on 'black cloud'
Farmers produce about 30 million tons of waste each year and what they burn is responsible for 42 percent of autumnal air pollution.
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Market report: EGX30 falls amid governorate unrest in Egypt
Egypt's stock exchange started the week tumbling, down 1.9 per cent on the main index, the EGX30, amid violent outbreaks in several governorates.
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Arab Information Ministers to meet Nov. 24
Ministers will discuss how to push and develop the Arab media forward under the current media invasion that comes from different cultures.
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‘Arab Spring:’ Live by the Media, Die by the Media
In Egypt, the State media formerly controlled by ousted President Hosni Mubarak is now in the hands of the Supreme Military Council.
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Egypt's consulate in Jeddah houses visa violators
The Egyptian consulate is currently trying to return as many passports as possible to their owners, in order to enable them to return home.
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Egypt's Eastern Company Q1 profit up 66 pct y-o-y
Egypt's cigarette monopoly Eastern Company posted a first quarter net profit of 121 million Egyptian pounds.
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Egypt's trade deficit grows 22 per cent in August
Egypt's trade deficit reaches $3 billion in August, a growth of 22 per cent over the same month last year on the back of a surge in imports.
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Arab Spring raises hope for era of cleaner business
The economic climate is improving: It is becoming easier to do business without the involvement of corrupt politicians and officials.
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Egypt sells 5.5 bln pounds in T-bills, yields rise
The average yield rose to 12.781 percent from 12.385 percent at last issue on Nov. 8.
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Swiss regulator sees loopholes in bank dealings with politicos
As per the international norms, banks are required to be extra cautious in dealing with Politically Exposed Persons.
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Centamin Egypt plans new parent company in Jersey
The proposed redomicile will move the Centamin Group closer to the majority of its shareholders and will complete the group's corporate transition.
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Internet keeps government honest: Google chief
In the Arab world, activists use Facebook to schedule protests, Twitter to coordinate them and YouTube to broadcast the events to the world.
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High-end F&B brands will struggle to enter Cairo
The recent unrest has dented leisure business, so all F&B venues are currently highly dependent on local clientele.
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Gulf turmoil hit Indian tea exports
Experts said the trigger for the decline in total tea export is the Iran payment crisis and political turmoil in MENA, especially Egypt.
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Four Seasons appoints Ashraf El Zahed as Director of Hotel Marketing Middle East
Ashraf El Zahed will oversee the marketing functions of existing and upcoming Four Seasons hotels and resorts in the Middle East and Egypt.
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Egyptian technicians to fix power establishments, equipment in Libya
Dr. Hassan Younis affirmed that the exchange of power current between Egypt and Libya is continued and never stopped during the revolution.
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Investors to take a cue from Europe
Egypt's annual consumer price inflation hit a four-year low last month, at 7.1% year-on-year, down from 8.2% in September.
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Egypt notifies gas importing countries of pipeline suspension
The Ministry of Petroleum officially notified the countries importing natural gas from Egypt that exports were suspended due to a "force majeure".
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Citadel Capital SAE obtains approval from OPIC Board for $150m facility
Citadel Capital received formal Board approval on Thursday October 27th for a new ten-year, $150m (EGP900m) financing facility from OPIC.
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Egypt companies at Addis Ababa trade fair
An Egyptian commercial mission of 18 companies is to seek economic cooperation with Ethiopian companies.