News
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SODIC receives approval to continue Westown project
Property developer receives approval from authorities to continue Westown residential project.
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Govt orders jewelers to install anti-theft systems or close shop
Ministry sources told Al-Masry Al-Youm that shops that do not comply with the order will be closed.
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GUC Student union resigns in solidarity with expelled students
The expelled students had participated in a February memorial for Karim Khouzam — a first-year management student slain in the Port Said stadium.
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Lecico Egypt net profits fall as demand in Europe weakens
Operating profit was down 65% at LE65.5m and the group posts a net loss of LE20.6m after booking LE47.4m in provisions.
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Egypt looking at energy subsidies to cut deficit
For years, the government has resisted cutting subsidies for fear of igniting inflation and the wrath of its citizens.
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ITB Berlin Convention with the who’s who of tourism, politics and business
Egypt’s tourism minister H.E. Mounir Fakhry Abdel Nour to speak at the world’s largest tourism convention.
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UK: Gates to open for Egypt aid after transition to civil authority
London will provide Cairo with aid once civilian president takes over, despite concerns military rulers won't hand over powers.
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Yemen, Egypt review cooperation in fisheries area
At their meeting, al-Socatri and Osman reviewed efforts coordination to implement regional organization gathering countries of Red Sea & Aden Gulf.
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Egypt resists pressure to sign Nile water agreement
Three of the Nile Basin countries are adopting a strict, extremist stance, and are seeking to capitalise on Egypt's difficult period.
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GB Auto to cut exposure to Egypt market
The firm, Egypt's biggest listed automobile assembler, this week reported an 8 percent rise in fourth-quarter net income for 2011.
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Repeated attacks on Sinai gas pipeline cost Egypt $166 mn: GASCO
Egyptian Natural Gas Company (GASCO) says 13 attacks on North Sinai gas pipeline since Mubarak's ouster have cost country some $166 million.
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Egypt index edges up, Gulf markets decline
Real estate heavyweight Talaat Moustafa Group tumbled 4.6 percent after reporting a 39 percent drop in full-year profits.
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Urgent plan to salvage Egyptian economy
Negotiations continue with international corporations and foreign and Arab countries on the proposed financial assistance.
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US and Egypt seek to repair relationship after NGO row
The financial shortfall in Egypt has been created, both by the collapse in business and the tourist trade following the revolution.
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Armed Forces Complete Construction of 6,000 Housing Units
The social housing project comprises the construction of 20,000 housing units in five years and hits a cost of LE 20 billion.
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Twitter Arabic, Farsi, Hebrew and Urdu version launch
Twitter has rolled out versions of its site in right-to-left languages for the first time.
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Egypt's economy rallies at the close but can't avoid contraction
Egypt's growth expanded slightly in the fourth quarter but the rebound is unlikely to have stopped a full-year economic slide.
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Egypt's GDP grew by annual 0.4 pct in Q4 - MP
"The slowdown in the growth rate has been contained, and that is a good indicator for growth," said MP Abbas Abdel Aziz.
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Egypt's Shura Council requests details of 'private funds'
Economic committee calls for details on monies raised by government through means other than customs or taxation.
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Egypt to Support Conference of Economic Development on Sudan in Istanbul
The meeting discussed the joint projects between the two countries which were launched last year after the advent of the Egyptian Revolution.