News
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Egypt to present 30 investment projects worth $20bn at Economic Summit: Investment minister
Egypt will continue to develop despite the insistence of certain parties to cause devastation, says PM.
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Egypt's Global Telecom to sell Djezzy majority stake for $2.6 billion
Global Telecom's shares were up 5.4 percent on the Egyptian stock exchange at 0840 GMT at 4.90 Egyptian pounds.
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Egypt: Central Bank to auction $856.3m in treasury bills
The Treasury bills are scheduled to be offered in two installments.
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'Future of Energy in Egypt' conference to be held 17 February
The day-long conference will address Egypt's growing energy crisis and attempt to find solutions appropriate to Egypt's developmental needs.
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Conference supporting Egyptian economy to be held in Kuwait
Preliminary conference to be held in last week of February for two days in Kuwait to discuss and present investment opportunities in Egypt.
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Noble Energy team in Egypt for talks on importing Israeli gas - sources
Talks concerned the technical procedures for bringing natural gas from Israeli fields into Egypt.
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Al Baraka Egypt unit's net income rises 36pc
Total assets increased by 22.1pc.
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Egypt's tourism revenues up 27 percent in 2014
After suffering a major setback since the revolution in 2011, tourism in Egypt is making a comeback.
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Steel companies anxious about market fluctuations: Experts
Companies keep prices stable, waiting for economic improvements.
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Time for Egypt to deliver the SME goods
confidence in Egypt’s economy highest since the 2011 revolution, But life is far from easy for SMEs.
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Wheat for Egypt stuck at Russian ports
The Russian government was forced to curb exports with informal limits and announced an export tax effective February 1.
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Dollar’s unofficial market still precedes official by EGP 0.16
$1 is EGP 7.59 on official market, EGP 7.75 on black market.
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Cypriot firms invited to bid for large projects in Egypt
The cooperation includes the use of Cyprus as a link between Egypt and the EU.
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Egypt boosts BLOM’s profits in 2014: Azhari
Azhari said that the lender’s conservative policy was one of the reasons that allowed BLOM Bank to maintain the same profits or increase them.
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US dollar rise to stop at EGP 8 before Economic Summit: FEI head
Reducing the gap between the official price and black market price will bring more dollars to Egypt, El Sewedy says.
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Ministry: Vodafone Egypt remains market leader with a 41.6 % share
Followed by Mobinil with 35.1 percent and Etisalat Misr with 23.3 percent.
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Egypt, Jordan sign contract for electric power exchange in 2015
The two countries are hoping to repair their national electricity grids.
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Egypt central bank widens band in which banks can trade dollars
The band moved to 10 piasters above or below the official rate, up from 3 piasters.
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Egypt Air first in Africa granted green light to apply “Fast Travel” programme
The “Fast Travel” programme allows passengers to perform their travel arrangements via self-service channels.
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Partnership deal in Egypt for UAE law firm Al Tamimi
The UAE has delivered several billion dollars’ worth of aid to Egypt in the past 18 months.