News
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Market Report: Egypt's stocks up 2.5 pct as parliament gets down to business
The Bourse bounces back as local investors shrug off simmering protests and target high-cap stocks.
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Government devises new economic reform program, cuts budget deficit
The government has put the final touches on a new economic reform program to resolve the current economic crisis.
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EU investment bank enriched the Mubaraks, report says
The survey - out this week - exposes the European Investment Bank (EIB) for indirectly doing business with the Mubarak clan.
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Egypt's new labor movement comes of age
The Egyptian Federation of Independent Trade Unions claims to have organised a phenomenal 2 million workers into 200 unions in barely a year.
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My Business: Egyptian mothers on the net
What makes an entrepreneur? BBC Arabic spoke to Yasmine El-Mehairy about setting up Egypt's first website designed specifically for mothers.
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National Bank of Egypt ranked best dealer of government securities
Finance ministry issues a rating aiming to show the abilities of banks' management, with the National Bank of Egypt topping the list.
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HSBC affirms safety of customers, staff following attack
HSBC said that despite few injuries, all customers and staff are currently safe, following an attack on its New Cairo branch on Monday.
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Ezz Steel 9 month net profit dawn by 26pct
Reuters reported that Egypt's largest steel producer Ezz Steel net profit for the first 9 months of 2011 declined 26% from a year earlier.
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Egypt: International tender to attract investments for gas prospecting
Abdullah Ghorab on Sunday 29/1/2012 decided to float a new int'l tender to attract Arab and foreign investments for natural gas prospecting.
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Egypt end-Dec money supply rises 6.7 pct -cenbank
Egypt's M2 money supply rose by 6.7 percent in the year to the end of December, the central bank said on Tuesday.
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Egypt to launch H5N1 campaign to stop disease’s spread
Egypt recently announced plans to initiate a nationwide campaign to stop the spread of H5N1 avian influenza.
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Islamists to head main economic committees in Egypt parliament
Members of the Freedom and Justice and Nour parties are voted into the top jobs in three main economic advisory bodies.
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Telecom Egypt stocks decline as market recovers
Egypt’s state-run Telecom Egypt saw massive drops early in Monday trading before bouncing back to end the day nearly even at 15.07 Egyptian pounds.
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Egypt wants more transparent credit system
Egypt’s economy is in the gutter and its credit rating continues to drop massively.
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Egypt's Ezz Steel third-quarter net jumps
Ezz Steel said on Tuesday its third-quarter net income surged from a year earlier, when lower prices and soaring costs hammered profit margins.
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Egyptian businessman plans to launch 5 mega-projects, Dreamland
Egyptian businessman and owner of Dream TV, Ahmed Bahjat, plans to launch five mega projects in Tunisia.
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Cairo to get a new cutting-edge museum complex
The Sphinx and the Pyramids of Giza are going to have a new addition – a state of the art Museum to house some of Egypt’s most precious artefacts.
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Booming Business Deposits Fuelling Egypt Banking Industry
Egyptian banks have not only witnessed growth in lending activities, but have also seen rising consumer confidence on the system, RNCOS says.
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Learning from Egypt’s Internet and Cellphone Shutdown
One year ago, Hosni Mubarak’s doomed government activated his country’s kill switch and shut down the internet and phone system.
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EgyptAir sees profits plunge three-quarters in revolutionary year
National carrier reports net profits of just $13.6 million in 2011, hit by regional unrest and rising fuel costs.