News
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Air Arabia adds planes to Egypt, Morocco bases
Air Arabia, which operates Airbus SAS A320 single-aisle jets, has taken delivery of one aircraft this year and will get five more, the CEO said.
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Banking risk score on Egypt maintained at group '8'
Standard & Poor's Ratings Services maintained its Banking Industry Country Risk Assessment (BICRA) on the Arab Republic of Egypt at Group 8.
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Citadel revises enegy firm stake sale terms
According to Citadel, Sea Dragon has reached a non-binding understanding with Golden Crescent regarding revised terms for the transaction.
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When to stop aiding Egypt
John Bolton, former U.S. ambassador to the United Nations does not think the U.S. should make the final decision on cutting the aid just yet.
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Next-Generation firewalls needed for enterprises in Egypt
Traditional firewalls, introduced as far back as the mid-1990s have limited visibility into the contemporary Web-based network landscape.
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Wasted dollars: In Egypt and Yemen, aid does little for democracy
Congress tied this year's aid to Egyptian respect of freedoms, but the requirement can be waived.
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Egypt's Citadel to grow staple crops in South Sudan
The new nation is struggling with food shortages and widespread tribal and rebel violence.
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IMF chief says world back from financial 'abyss'
IMF chief Christine Lagarde said steps by the European Central Bank and some European countries had helped stabilize the overall situation.
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Foreign minister on East Asia tour to boost economy
Spokesperson Amr Roshdy said Amr will head to Baghdad after the tour ends to attend the 2012 Arab League Summit at the end of the month.
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Egypt Cuts Reserve Ratio to Lower Near-Record Borrowing Cost
The central bank cut the ratio by two percentage points to 12 percent and the changes took effect yesterday.
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Egypt economic reforms proposals are realistic, achievable: Economist
Reforms proposed by the interim government to secure IMF funding can slash the budget deficit without damaging the economy.
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Water deficit may cost Egypt $11 bln annually: World Bank
World Bank officials urged MENA officials to capitalize on their access to sea water to make use of desalination.
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Egypt Ag minister blames Libya cows for spread of foot and mouth disease
Over 3,000 young cows have already died due to the government’s slow response and sloppy handling of the crisis.
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Market Update: Egypt stocks edge up 0.9 pct by Tuesday close
Total turnover was LE440.93 million, the majority clustered in Orascom Telecom Media & Technology, mobile operators Mobinil & Talaat Moustafa Group.
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Egypt to sell land to expats, cut budget deficit
The deficit has widened since last year's popular uprising hammered the economy, cut tax revenue and led to demands for higher salaries.
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Lifting Egypt's Economic Curse
As 2012 dawned, foreign investors could be forgiven for giving Egypt a wide berth. Turn the page though and another view emerges.
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IMF official says Egypt talks to last a few weeks
Egypt formally requested a $3.2 billion IMF loan earlier this year and the government has said it hopes to seal an agreement this month.
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Arab uprisings push U.S. students from Egypt to Lebanon
Not so long ago, Western students wanting to study in the Arab world flocked to Cairo and Damascus.
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'Exporting natural gas would help economy, politics'
Energy and Water Minister Uzi Landau says portion of natural gas in Mediterranean Sea reservoirs should be exported.
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Egypt Treats Sudanese as Nationals When it Comes to Medical Treatment
An Egyptian Sudanese medical association will be formed to work for exchange of continuous training programs and sustainable development.