News
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Egyptian economy hits 4.2% growth rate
The growth figure of 4.2% is an important accomplishment as the average was 2% in the previous three years, he added.
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Presidency seeks to convert Long live Egypt Fund to EGP 100bn fund
Government consultancy offices offered to implement Suez Canal, renewable energy projects to benefit from fund's 60% allocation to investments.
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Egypt's CPA bans Etisalat ad for promoting domestic abuse
The now banned ad shows a father slapping his son for demanding to know where his old SIM card is.
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Digital products and technology company, A15, launches in Egypt
Our business is valued at $100m and we are considering investing in five new companies before end of 2015, says CEO Antaki.
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Egypt takes $550 mn loan from World Bank for sanitation project
The World Bank is supporting 'efforts to increase access to rural sanitation'.
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Poor coordination between fiscal, monetary policies harms economy
Qasim: all currencies were devalued except the Egyptian pound, the latter which had no economic justification for retaining the status quo.
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OCDA to construct 2,111 units in first phase of Dar Misr project
Minister of Housing Mostafa Madbouly had toured Obour City and checked medium-income housing units implemented through the Dar Misr project.
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Egypt temporary allows rice exports
The decision is based on new estimates that contradict last month's figures.
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India imports 18,000 tonne of onions from Egypt
India has also been importing onions from Afghanistan to tide over the crisis.
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Egypt’s stock market gains $500 million in September
Trading in September reached 26 billion Egyptian pounds against 20.2 billion Egyptian pounds in the month before.
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British Business Community Pays Attention to Expansion in Egyptian Market
Kamel referred to the structural reforms undertaken by the Egyptian government, which led to the recovery of the Egyptian economy.
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Egyptian Emirati Alliance examines most appropriate way of structuring business in Egypt
The inquiries included the founding structures of appropriate corporates in Egypt, the procedures required and investment regulations framework.
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Egypt to raise $36bn in treasury bills, bonds
Public debt services’ expenses comprise around 28 percent of total public spending.
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Indian Textiles Exhibition begins in Egypt
Indian textiles and clothing industry output is USD 110 billion, of which around USD 40 billion is exported.
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Egypt seeks oil outside its borders for first time: Ministry
The deal with Kuwait Energy is based on an earlier agreement that was made in March this year.
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Healthy prospects for Egypt’s chemicals and plastics sector
With demand being driven by the agriculture and fast-moving consumer goods the sector will become an industrial heavyweight in the coming years.
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Egypt’s government to raise 281.5B EGP from domestic market in Q2
The government has stated it is committed to pay off interests on public debt estimated at 244 billion EGP in the new budget, an increase of 25.1%.
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Telecommunications is a market of missed investment opportunities
The Egyptian market is characterised by the availability of labour and well-trained technicians, especially in the outsourcing and software sectors.
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Egypt expects $12.58 billion in additional revenue for 2015/16
Dimian said that the implementation of a long awaited value-added tax (VAT) by the end of 2015 would help generate great additional revenue.
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Ministers coordinate to create a water-purification plant for several areas
Informal housing puts pressure on water pumps, production capacity currently being raised, says El-Kawish.