News
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Gafi: Singapore Investments Hit U.S$10 Million in Food Industry in Egypt
Singapore will establish foodstuff projects in Egypt with initial investments amounting to $10 million.
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Israel Electric to sue Egyptian gas suppliers for damages
The company wrote in a letter to the Israel Securities Authority that the gas flow from Egypt has been irregular for the past year.
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English-Language Daily News Egypt Closes After Seven Years
The editorial staff of Daily News Egypt was informed, quite abruptly, that the last issue would be published on the 22nd of April.
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Egypt and Italy sign trade deal
Italy is the largest trading partner with Egypt in Europe and the second in the world after the United States of America.
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Egypt's Beltone eyes 45 pct boost to investments
Beltone swung to a loss of 106.6 million Egyptian pound ($17.63 million) last year from a profit of 2.1 million pounds in 2010.
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Hussein Salem: A businessman from the times of crony capitalism
Al-Ahram, in a four-part series, traces the hidden story of one of the richest men in Egypt, now wanted on charges of corruption.
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Egypt Approves France Telecom Tender Offer for Mobinil Shares
The offer is for the purchase of up to 100 million shares at 202.5 Egyptian pounds, the Egyptian Financial Supervisory Authority said.
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Egypt company terminates Israel natural gas supply deal, Israel objects strongly
The 2005 natural gas deal has become a symbol of tensions between Israel and Egypt since the uprising.
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Saudi aid talks raise hopes as Egypt pursues debt sale
Saudi Arabia will provide Egypt with aid that may include a $1 billion (Dh3.67 billion) deposit and $750 million to buy government securities.
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Yields fall at Egypt nine-month T-bill auction
The average yield edged down to 15.530 percent from 15.622 percent at the last issue on April 10 and the bank sold all of the 3.5 billion EGP.
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Egypt bourse soars to highest level in seven weeks
EGX30, Egypt’s main index, was up 2.3 percent, to close at 4815, amid intensive buying of foreign traders, and Arab investors.
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Market Update: Egypt's stocks start the trading week up
The main index EGX30 rose 1.6 per cent recording 4,783 points two hours into the session.
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Political divisions slow Islamic finance in Egypt
Growth will require a regulatory framework, and a year after Mubarak left, basic decisions about regulation have not yet been made.
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Egypt, WB discuss stepping up timetable for $200m loan
The loan aims to fight unemployment and develop job opportunities in labor-intensive industrial sectors including irrigation, housing, and health.
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‘Women outscore men in top jobs’
Enrollment rates for women in tertiary institutions surpass men for most Middle East and Levant markets.
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Plan to increase wheat production
30 per cent of Egypt’s cultivated, wheat-growing areas are deprived of seeds tested by the Ministry of Agriculture.
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Egypt's new Nile Valley: grand plan gone bad
Toshka was designed in 1997 as the beginning of the relocation of 20 per cent of Egypt's 85 million citizens to a "new" Nile valley.
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Africa sitting on sea of groundwater reserves: scientists
The largest groundwater volumes are found in the large sedimentary aquifers in the North African countries Libya, Algeria, Egypt and Sudan.
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Tourist visits to Egypt up on year during first quarter of 2012
Tourism is slowly regaining the number of annual tourist visits, says official exclusively to Ahram Online.
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Ganzouri: Egyptian economy is facing conspiracies
Ganzouri warned of secret conspiracies against Egypt to destroy its economy and hinder the revolutionary march.