News
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Market Report: Mubarak trial boosts Egypt stock confidence
Egyptian investors return to the Bourse with newfound optimism on Thursday after the opening session of the former president's trial goes ahead.
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Etisalat Egypt pays LE200 million in back taxes
Mobile provider reconciles with the tax authority and eyes higher subscription as it benefits from a boycott aimed at the owner of competitor Mobinil
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Lecico says strikes end at its Egypt factories
After a 9-day-halt, the factories of Lecico return to full production.
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First half of 2011 brings record revenue for Suez Canal Authority
Suez Canal Authority reported revenue of US $5.05 billion for the 2010/11 fiscal year and shipping traffic through the canal increased 11.3%.
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Thomas Cook blames Middle Eastern unrest for debt levels
Thomas Cook under pressure over debt levels, poor performance and £25m losses in three months.
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Egypt's Alex Cement lifts first-half profit 25%
Alexandria Cement reached a net profit of 357.9 million Egyptian Pounds, equivalent to $60 million.
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Paying for the revolution
Egypt elite's last efforts to make a dirty buck kick the economy while it's down.
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Citadel Capital and National Societe: Egyptian Equity Preview
An update on Citadel Capital and National Societe Generale Bank (NSGB) stocks in EGX30.
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Orascom hires Infor to centralise data to manage affiliates
Infor to aid Orascom in financial planning, budgeting, reporting and consolidation of its 115 subsidiaries.
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Egypt seeks to broaden wheat import sources as Russian grain prices climb
Russian wheat was for as little as $243.50 a metric ton on July 7, but rose to $255.25 on July 29.
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Egypt: Tackling youth unemployment
Many Egyptian graduates are unable to find work that matches their education.
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TASI continues to fall; Egypt shares plunge
Egyptian shares slumped to a near 13-week low as the trial of former President Hosni Mubarak added to the country's political uncertainties.
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Market Report: Mubarak's TV trial slashes stock trades
Trading volume falls to its lowest level in a decade as coverage of the ousted president's court appearance distracts investors.
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Citadel Capital's east Africa railway gets $164 million
Africa Railways to use Citadel Capital to rehabilitate infrastructure and rolling stock.
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Egyptian Saudi business council boosting investments
New contract of Toshka with a Saudi Prince and an Egypt-Saudi power linkage are key-factors of boosting investments.
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T3 Motion signs deal with Egyptian company
The Costa Mesa-based clean-tech firm expands its international presence with the $105,000 deal.
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Egypt’s air traffic on way to recovery after revolution; Saudi market doubling
February passenger numbers fell 65.5%, yet Cairo Airport traffic seems constant and Alexandria Airport promises positive growth.
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Egypt market dips on Mubarak trial jitters; Abu Dhabi up
Trade in Egypt was slow as most traders remained transfixed in front of television screens.
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EGX30 drops about 1% after Mubarak Trial
Mubarak and Adly trial affect EGX30, with a drop of almost 1%.
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First Service adds to Egypt’s outsourcing market
Innovative BPO services to be introduced to Egypt, where Fawry customers will be able to pay their bills from home.