News
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Free Zones in Egypt have a market size of 1.6 bln consumers
Free Zones enjoy a special system that makes it easier for investors for obtaining licenses required to start a business.
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Deputy governor of Egypt's central bank resigns
The second highest-ranking official in Egypt's central bank has resigned, two senior sources said on Wednesday.
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2011 witnessed highest resignation rates: ERF
The paper suggests that these trends reflect the response of the Egyptian labour market to the financial crisis and the January 2011 uprising rather than a more dynamic labour market.
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Denmark's Arla Foods drops bid for Egypt's Arab Dairy
Maker of Lurpak and Puck had offered LE65 per share for Egypt cheese-maker acquisition for which Cairo-based Pioneers Holding got regulatory green light.
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Egypt tourist numbers jump 70 percent in third quarter despite Sinai insurgency
The figure brought the total number of visitors this year to 7.27 million up to the third quarter.
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EGP 10.5bn to support budget deficit by Egyptian banks
NBE-led union collects loan worth $1.5bn to pay portion of the dues of foreign oil companies operating in Egypt.
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Egypt El-Sewedy Electric profits up 48%
Strong growth in profits during first nine months of 2014 at Egypt's largest listed cable maker.
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Saudi tourists to Egypt skyrocket 98% in 10 months
8,197,917 tourists visited Egypt during the first 10 months of 2014 - a 1 percent increase compared to the same period last year.
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UK lifts travel restriction in central Upper Egypt
The lifting of the travel ban also includes the governorates of Beni Suef, Assiut and Sohag.
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HSBC Group believes in long-term future of Egypt
The bank remains committed to investing in the growth of its business in the country.
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NBAD, HSBC, NBE arrange $1.5 bln syndicated loan for state oil company
Each bank would arrange $500 million of the loan in order for Egypt to pay back foreign energy companies.
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Sisi meets representatives of French business community in France
France is considered one of the most important trade partners for Egypt, said Presidential spokesman Alaa Yousef.
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Egypt to get €1bn EU donations to boost energy sector
Moran declared a main plan in Cairo over investments and technologies used in the energy field.
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Egyptian snack maker Edita plans $200 mln stock market listing
The initial public offering (IPO) could value the food company at around 1.5 billion Egyptian pounds.
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6 key laws are to ease business in Egypt: Ministerial advisor
Reforms are being applied to current industrial and investment laws to set up framework for projects to be revealed in the economic summit.
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Egypt pays back $2.5 billion deposit to Qatar: central bank official
The payment brings the amount Egypt has returned to Qatar to $6 billion, leaving $500 million outstanding.
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Official says 700 bridges in Egypt at risk of collapsing
75 percent of roads in Egypt are “deficient” and are in urgent need of rehabilitation.
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Saudi Arabia, Egypt to bolster tourism ties
Sultan's visit to Cairo is to express Saudi Arabia's continuous support for Egypt and its people.
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EALB in talks with 5 Gulf firms to market its property assets
The bank has recently contracted with Marsa Abu Dhabi Properties LLC to marketing assets for Egyptian abroad in the current year.
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UAE's Dana Gas in talks with Egypt over revising gas prices
Cairo has begun negotiating with international energy firms including Italy's Eni and Germany's RWE DEA.