News
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Will government intervention bridge the housing gap in Egypt?
Housing Ministry depends on “social housing” and makes adjustments to the project’s main axes.
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Informal economy wastes billions of pounds: EBA secretary general
Allouba: the government should review the Investment Law, so as to unify the entities that can issue land approvals and project licences.
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Egypt's three mobile operators reject 4G licences
Thursday was the deadline for the three existing mobile companies to respond to the government's offer to buy 4G licences.
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Egypt's central bank keeps interest rates unchanged in September
The bank kept overnight deposit rate, overnight lending rate and rate of CBE's main operation at 11.75 percent, 12.75 percent and 12.25 respectively.
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Vodafone Egypt rejects regulator’s 4G licence terms
The license does not offer sufficient spectrum to operate the services efficiently.
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Why is Egypt's army now in the baby formula business?
The Egyptian army issued a statement announcing intention to import the first shipment of baby formula, just 1 day after protests due to its shortage.
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Wheat market boycott forces Egypt to loosen import rules
Egypt is under huge presssure as it had to cancel one tender after the other as traders refuse to comply with Egypt's 0 tolerance for ergot.
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General Electric sees many opportunities for investment in Egypt
The company stood by Egyptians during and after the revolution; to continue supporting Egypt no matter what matters arise.
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Vodafone Squeezed in Egypt as State-Backed Partner Turns Rival
The government-controlled rival and the entry of a fourth market competitor limits Vodafone’s prospects for long-term growth after 2 decades in Egypt.
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Egypt's trade minister expects 10pct rise in exports 'if and when devaluation happens'
According to the latest official statistics, Egypt's trade deficit was down 15.7 percent in June compared to the same month last year.
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The story of Yaoota and challenges facing start-ups in the Egyptian market
Egypt is a country with great opportunities but what start-ups really need is more local investors willing to take risks, says Yaoota CEO.
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Mobile phone traders launch campaign to increase mobile, top-up card sales
Traders demand a 5% increase in top-up card prices, mobile phones by 10%.
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Egypt's retail market is back in business
This year Egypt entered the Global Retail Development Index and its position is promising.
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The Egyptian Economy in 2016
2016: an opening for Egypt’s economy to recover or an entryway into a dark tunnel? International lending is threatened with the fate of Gulf aid.
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Boycott of Top Wheat Market Pressures Egypt to Loosen Rules
Egypt has been coming and going on its Ergot tolerance rules.
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The story behind Russia and Egypt's agricultural standoff
ergot, unsafe product and many other recent issues govern this strained relation.
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Egypt government to start IPO programme with oil companies
The government aims to collect up to US$10 billion dollars within three to five years.
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Egypt says it's in talks with China over $4B loan
Of the $4 billion, 3 would be spent on development projects, mostly power sector. The remaining $1 billion would be used to bolster foreign reserves.
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Wheat suppliers shun Egypt as more grain rejected abroad
Egypt was unable to garner a single offer from wheat suppliers at its state grain tender due to ergot ban forcing it to cancel.
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Egypt discounter market to see big growth
A report stated the discounter segment will witness up to 47% growth annually.