News
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Egypt Pledges Five Million U.S. Dollars in Aid to Famine
Dr. Essam confirmed that the official and popular support to Somalia expresses Egypt's keenness on supporting Somalia.
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Egypt economy growth modest, ongoing unrest hurts
Egypt's economy grew by a slower-than-expected 1.8 percent in the financial year to June 2011 and is forecast to expand 3-3.5 percent in 2011-12.
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Cairo airport sees delays as EgyptAir ground staff go on partial strike
Employees are slowing their work as they demand permanent contracts, the payment of bonuses promised since July and an increase in staff numbers.
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Egyptian trade delegation to visit Turkey mid-September
The Federation of Egyptian Chambers of Commerce is organizing a visit to Turkey with the aim of attracting foreign investment into Egypt.
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Ministry of Planning demands investment concentration on citizens’ needs
Government should concentrate on pressing investment needs in the new investment plan, according to a report released by the Ministry of Planning.
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Egypt's SODIC swings to first-half net loss: bourse
Egypt's third-biggest listed developer, SODIC, posted a first-half net loss of 120 million Egyptian pounds.
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Kazakhs defy sceptics by winning Egypt wheat order
Kazakhstan has, for the first time since last year's drought-hit harvest, won a wheat order from Egypt.
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Egypt gas deal expected ‘within days’
A LONG-AWAITED natural gas deal between Egypt and Jordan is expected to be finalised within a week, pending approval from Cairo.
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Egypt yarn producers accuse exporters of dumping
Egypt’s Holding Co. for Spinning and Weaving is taking legal action against foreign exporters it accuses of dumping yarn into the local market.
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Egyptian university students to receive seed funding from INJAZ
In 2011, over 1000 university students from across Egypt formed start-up companies as part of the INJAZ Egypt Company Program.
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Egypt seeks help with $7bn deficit
Egypt hopes to receive assistance from other Arab states and the Arab Monetary Fund to help it meet its immediate financing requirements.
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State Department Will Name Taylor to Lead Aid Efforts in Libya and Egypt
The State Department will formally create a new position later this week to oversee American aid efforts in Libya, Egypt, and Tunisia.
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Turkey eyes Egypt alliance
Turkey is looking to develop greater economic and strategic ties with Egypt.
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Egypt Gives More Scholarships
Egypt has offered more than 50 scholarships to Liberians to undergo training programs in fields such as Agriculture.
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Egypt to switch to coupon system for subsidised butane gas
Families who exceed specified rations will be given coupons for an additional gas cylinder at the partly reduced price of LE25.
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Egypt sees billions in aid from Saudi, UAE soon
Egypt expects to reach a loan agreement with Saudi Arabia and the United Arab Emirates worth several billions of dollars each soon.
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Italian-supported technical education scheme starts in Egypt
In a bid to upgrade technical education, 130 Egyptian students will fly to Italy on September 9 on scholarships in the field of technical education.
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Arab Contractors to bid on four Qatari projects
Arab Contractors announced on Tuesday that it intends to bid in four tenders for Qatari construction projects.
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Local borrowing may stifle recovery
Egypt's increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery.
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Central Bank official: No maximum wage for public banks' leaders
A maximum wage for the leaderships of the Central Bank of Egypt (CBE) and the presidents of public banks has not been determined or negotiated.