News
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Calgary’s Sea Dragon Energy strikes oil at Egypt well
The Africa-focused company struck oil in the Al Baraka oilfield in Kom Ombo concession.
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Egypt’s ON TV receives kidnap threats from Jihadist Group
The group threatened to kidnap popular program hosts Reem Maged and Yousri Fouda and ask for 20 million Egypt pound ransom ($3.2 million).
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Inside Egypt's bustling start-up scene
Despite the economic uncertainty and social unrest in Egypt, tech start-up investors are finding plenty of promising options.
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Qatar Commits $400 Million to Help Egyptian Refinery, MEED Says
State-run Qatar Petroleum is providing $300 million in equity, and Qatar National Bank is providing $100 million in loans.
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Egypt army pledges LE400 mln in Sinai development to mark liberation day
Military uses the 30th anniversary of Egypt's regaining of the peninsula to announce plans for new housing, industrial and infrastructure projects.
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Not just payments behind Egypt gas halt to Israel: consortium
The Egyptian oil and gas companies are substantially indebted to EMG as a result of the penalties they have incurred.
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World Bank shows surge in cash remittances to Egypt, Libya
The reasons for an upward revision to Egypt’s data in 2010 by US$ 4.7 billion and 2011 by US$ 6.2 billion are not obvious.
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Obama Administration talked with Muslim Brotherhood to promote SMBs
Undersecretary of State Robert Hormats said he had talked to members of the Muslim Brotherhood about promoting smaller enterprises.
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MTE Group first institute in Egypt to be certified by Sabre
Sabre will provide MTE with the software and training support to enable them to offer Sabre training via its travel industry course packages.
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Egypt Hosts International ICT Event and World Summit Awards (WSA)
Hosted by ITIDA, three of the WSA winners are Egyptian nationals, highlighting the country's prestigious talent-base.
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Smartphones sweep the Gulf region
46 per cent of mobile users in the UAE, Egypt, Saudi Arabia and Israel are currently using an iPhone, Android, BlackBerry or other smart devices.
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Egypt banks, stock market close on Wednesday on Sinai's anniversary
A national holiday, 25 April marks the anniversary of Israel’s final military withdrawal from the Sinai Peninsula in 1982.
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Endeavor Egypt recognises students for innovative business solutions
The Competition is part of a series of activities in the Lift-Off initiative that will take place during 2012.
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Does Israel want a new gas deal? Maybe it doesn't
Essentially Jerusalem is complicit in burying the gas agreement for the sake of other cooperative endeavors.
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On World Book Day: Publishing Industry in Egypt struggles
The General Egyptian Book Organisation hosts a discussion focusing on the challenges facing the country's publishing industry.
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Dana Gas said to hire Blackstone to restructure Sukuk
Dana Gas, which produces and explores for oil and gas in Egypt, said in March money owed by customers almost doubled last year.
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Egypt parliament snubs economy plan, hampers IMF loan path
Only six out of 365 lawmakers who cast their votes approved of PM Ganzouri's plan, which was criticized as vague and incoherent.
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Egypt's presidential candidates pledge to boost science
Many candidates have promised new strategies for science, technology and innovation,and pledged to increase government expenditure on research.
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Improved Fayoum school for tourism reopens
The school - supported by the UNIOM - aims to create sustainable job alternatives and to promote the access to regulated immigration.
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Luxury Retailers suffering due to weak Egyptian cotton exports
Retailers have had to raise their prices by more than 30 percent to keep up with the shortage due to high export pricing.