News
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Abraaj boosts Egypt investment - paper
Abraaj Capital has boosted investment in Egypt despite the country's political turmoil and is now eyeing the acquisition of an oil services firm.
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Egyptians urge revision of foreign debt
Egyptian activists have launched a campaign to raise public awareness regarding the negative ramifications of foreign debt and loans on the economy.
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Pio-Tech announced lunching a subsidiary company in Egypt
Pio-Tech had announced the Opening of its subsidiary company in Egypt to provide its distinguished services to its rapidly growing client base.
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Egypt Raises Repo Offering to $2.2 Billion as Local Yields Rise
Egypt’s central bank will offer 13 billion pounds in repurchase agreements today.
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Afro Packing 2012 in Egypt
Afro Packing -2012 will be held on 24th - 26th of May 2012 in Egypt, at Cairo International Convention Centre (CICC), Cairo, Egypt.
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Egypt considers loan packages amid economic worries
ADB president, Donald Karebuka, arrived in Cairo on Saturday to discuss potential development projects that the loan could potentially fund.
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Global Advertising spending slows in Egypt, other markets
The hardest-hit advertising markets in the second quarter included Egypt, where spending declined by more than half amid political turmoil.
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Egypt's spinning & weaving firm to shut textile unit
Arab Polvara Spinning and Weaving Company (UNIRAB) has announced that it would shut down one of its textile production units.
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Strike halted at leading Egyptian cement producer
Work has resumed at one of Egypt’s main cement producers after a strike by employees, believed to be over a wage dispute.
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UN tips Egypt to emerge as major player in information economy
Egypt is poised to emerge as a major player in the information economy, says United Nations Conference on Trade & Development.
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EU grants Egypt 60 million Euros to support renewable energy projects
Marc Franco said the Union is on the verge of granting 60 mln Euros to support renewable energy projects in Egypt.
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Market Report: Egypt stocks slip 0.03 per cent ahead of Eid holiday
Mixed performances for high-cap stocks send the main index fractionally into the red as analysts hail an encouraging uptick in trade.
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Egypt cbank to ask for 13 bln EG pounds in repos
Egypt's central bank said it will ask for 13 billion EGP in eight-day repurchase agreements in the money market on Tuesday at a fixed rate of 9.25%.
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Egyptian economy hangs on smooth, timely elections
The finances of the post-revolution economy may no longer be on the brink, thanks to the billions of financial support pledged by Gulf countries.
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Egyptian Stocks: Mobinil and Maridive & Oil Services
Egypt’s benchmark EGX 30 Index was little changed, declining less than 0.1 percent to 4,451.4 at the 2:30 p.m. close in Cairo.
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Egyptian Billionaire Looking To Reinvest In Telecom
Naguib Sawiris is back in the news with reports that he’s interested in acquiring France Telecom’s operations in Switzerland and Telekom Austria.
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HP Boosts Network Security, Reliability for Egypt's Leading Mobile Service Operator
Mobinil protects users against online threats, ensures service levels with HP TippingPoint security solutions.
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Egypt: Petroleum Minister - 120 Gold Mines in Egypt
Abdullah Ghorab on Saturday said Egypt has now 120 gold mines of which only al-Sokary produced 10.5 tons until October 2011.
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Egypt says IMF options open, has not asked for funds
Egypt is open to IMF funding but the country has not made any formal request for aid after turning down a financing package in June.
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10 African finance ministers, central bank governors meet in Cairo
The meeting tackled means of confronting the negative repercussions of the global financial and economic crisis on African states.