News
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Erdogan eyes blocking East Med gas boom
Erdogan would transform the economy of Israel, which has had to import nearly all its energy requirements.
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Russian wheat scoops all of huge Egyptian order
Russia tightened further its grip on sales to Egypt, the world's top importer, by winning all of a 420,000-tonne order.
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Egyptian firms eye Libya but politics may be hurdle
NTC have publicly said they will favor companies from countries which did most to support the rebellion.
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Egypt Seeks $2.6 Billion in T-Bill, Bond Sales Over Next Week
The lender said earlier this week it will offer a combined 4 billion pounds in two-year and three-year fixed-rate bonds on Sept. 19.
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West Kom Ombo exploratory phase extended
Energean has drilled two wells that correlate well with the stratigraphy of Al Baraka oil field.
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Shuaa eyes brokerage buy in Egypt - sources
Shuaa has looked at HC Securities and Beltone Financial as potential targets, said two of the sources.
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Citadel's African railway gets $70 mln capital increase
This brings to more than $319.3 million the total equity and debt raised by Citadel Capital and its platform companies.
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Qualcomm and the internet of everything
US-based Qualcomm designs, manufactures & markets digital wireless telecommunications products & is set to open an Egypt office by the end of 2011.
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Egypt leading stocks drag the market down
Egypt's market closes down, losing 1,15 per cent.
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Arab Cotton Ginning Falls Most in a Month as It Cuts Dividend
The shares of the Cairo-based company tumbled 6.7 percent, the biggest intraday decline since Aug. 9, to 3.75 Egyptian pounds.
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Sources: CBE’s governor to be reinstated for one more year
The reinstatement in bank authorities aim to end conflicts of interest and prevent bank executives from holding more than one position.
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Amer Group and Ezz Steel: Egyptian Equity Preview
Amer Group shares declined 3.1 percent to 1.26 Egyptian pounds, and Ezz Steel had its share-price estimate cut 9 percent to 11 Egyptian pounds.
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Egypt's SIIC says buys 35,000 T sugar
The SIIC official said the sugar was purchased from Bunge at the price of $747 a tonne, on a cost, insurance and freight(CIF) basis.
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Turkish businesses can’t wait to return to N Africa
Erdo?an’s visits to Egypt, Libya and Tunisia are crucial for Turkish companies, which are seeking ways to return to fertile North African markets.
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Preparations for World Tourism Day hot up
WTD activities in Aswan include a high-level think tank on the 2011 theme, which will portray the role of tourism in building respect & tolerance.
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Gulf rebounds; Egypt falls on political woes
In Egypt, the main index fell 1.6 percent following European markets downwards as investors remained worried about political instability at home.
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Egypt's Sawiris among those eyeing Orange Switzerland
France Telecom is putting the Alpine country's third largest mobile operator up for sale, prompting a wave of speculation.
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Egypt stocks fall for 2nd day; tourism down
The 1.75 percent decline in the Egyptian Exchange's EGX30 index reflected mounting unease by investors over the political situation in the country.
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Fluctuating gas supplies could cost Jordan $1 billion, minister
The gas quantities pumped to the Kingdom of Jordan now are 80 million cubic feet a day.
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Ankara to triple economic investment in Egypt
The two countries signed a number of economic and trade deals that would increase trade turnover from $3 billion to $5 billion.