News
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World Bank to insure FDI, support wastewater infrastructure in Egypt
The World Bank will provide a $1 billion loan to help bring back foreign direct investment (FDI) to Egypt.
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PM Sharaf praises Egyptian investment in Guinea
The Guinean president offered the people's and government's respect to Egyptians.
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Olympic Group denies Ideal deal was undervalued
Olympic Group denied on Wednesday allegations that its 1997 purchase of Ideal Zanussi from the Egyptian government was undervalued.
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Egypt's Agriculture export increases: a mixed blessing
A predicted jump in vegetable exports is good news for big agrobusiness firms that can afford to meet European standards.
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Tourism festival begins in Luxor
This festival is an invitation to revive tourism in Luxor, said the governor.
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Radwan: U.S. will suspend 33% of Egyptian debt
Radwan said the talks included forgiving one billion dollars of Egyptian debt to the U.S in order to fund development projects.
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Market Report: Egypt stocks welcome a clear playing field
Go-ahead of Ahly-Zamalek derby sent a signal that Egypt can weather current unrest and spurred Thursday's 1.69 per cent rise in shares, says analyst.
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Trade Disputes between EU and Egypt persist over E. Coli Outbreak
After the EU banned the import of certain Egyptian seeds, it is accused of having failed in treating Egypt as a respected trade partner.
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Egypt's Olympic sees Electrolux deal value lower
Olympic Group's parent company Paradise Capital expects a takeover deal between the Egyptian appliance maker and Electrolux (ELUXb.ST) to be revised.
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Egypt stock market tumbles on new clashes
EGX30 has tumbled over two percent amid fresh clashes between security forces and protesters in central Cairo.
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Optimism builds for Egypt's economy in second half
The CASE Index, which includes the 30 most active stocks in the Egyptian stock market, was still down almost 22% since the start of the year.
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Qatar provides $500m to support Egypt economy
Finance Minister Samir Radwan said Egypt would not need funds from the World Bank. Qatar had provided $500 million for budgetary support.
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U.S. delegation seeks ways to boost Egypt's economy
John McCain, R-Arizona, and John Kerry, D-Massachusetts, are visiting Egypt at the head of a U.S. business delegation.