News
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Finance Ministry allocates LE11 billion for govt to buy local wheat
Egypt's strategic reserves of wheat are enough to meet the needs of people for six months.
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'Arab Spring' heralds new era for publishers
Egypt is not only seeing new publishing freedom but a huge interest in books about the revolution.
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Dr. Al-Jaz says Sudan, Egypt to make joint industrial Investments
Sudaned Minister of Industry, Dr. Awad Ahmed Al-Jaz believes it is a high time to cease exporting of livestock in order to empower the meat industry.
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Dockers down tools at Al-Dekheila
There was no handling at Egypt's Al-Dekheila Port for at least three days.
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Uprising costs Egypt US$9.79 billion: Geopolicity Report
Total cost to the six Arab countries that have witnessed revolution and popular uprisings is estimated at $55 billion.
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Asian stationery threatens Egypt industry
The problem started when China sent more than 100 million exercise books to Egypt several months ahead of the new school year.
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Nile Basin ministers' meeting in Nairobi postponed
The meeting, initially scheduled for 29 October, was postponed to 17 December by Hesham Qandil and his counterpart in Sudan.
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The hash culture in Egypt
Egypt uses a system which neither effectively combats drugs, nor does it educate the people through proper means of conversation.
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Saudi stocks likely to ride out Iran tensions; Egypt vulnerable
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Swiss say trying to release dictators' stashed loot
Seized assets currently include 300 million francs for Libya, 410 million Swiss francs for Egypt, and 60 million francs for Tunisia.
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Egypt sells 6 bln pounds in T-bills, yields dip
It also sold 3.5 billion pounds of 364-day bills at an average yield of 13.72 percent, down from 13.863 percent at the last issue on Oct 4.
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Orascom chairman sees spinoff by year end
Chairman of Egypt's Orascom Telecom Holding Khaled Bichara says Egyptian telco's plan requires approval by general assembly.
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Egypt Keeps Interest Rates Unchanged to Help Economic Growth
The Monetary Policy Committee left the key overnight deposit rate at 8.25 percent and the overnight lending rate at 9.75 percent.
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Security forces free captive Egypt Telecom CEO
The police arrested 5 workers for interrogation after freeing the captive Egypt Telecom CEO Mohamed Abdel Rehim.
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Most Gulf bourses fall; Egypt gains on valuations
Dealers say short-term trading has become the norm given the uncertain political backdrop and a lack of visibility for investors.
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Egyptian Stocks: Telecom Egypt, Orascom Telecom and Juhayna
Egypt’s benchmark EGX 30 Index rose 2.5 percent to 4,152.29 at close in Cairo, the biggest daily gain in more than two months.
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Holland threatens to cut aid to Egypt following Maspero violence
Dutch Foreign Minister Uri Rosenthal also threatened to demand an independent investigation into the incident at the level of the European Union.
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Juhayna Gains to Highest in 2 Weeks as It Fights Monopoly Claims
The documents filed by Juhayna defend against allegations it is not paying a fair price for raw milk from farmers.
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Telecom Egypt CEO Locked in Office By Workers, Al Masry Says
Telecom Egypt's employees - demanding pay increases - locked the chief executive officer in his office yesterday in a bid to force him to quit.
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Citi expands commercial card business to five new markets in EMEA
Citigroup's GTS plan to launch an international payment card service in KSA and expanding its prepaid card services business into Egypt.