News
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Egypt’s economy is entering a phase of recovery thanks to economic reforms
Government’s attempt to adopt austerity policies aims to boost revenues and cut its deficit while attracting investors.
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Tunisia and Egypt cancel Libya flights amid unrest
The Tunisian minister of transportation has instructed concerned authorities to secure the return of Libyan nationals to their country.
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Eni starts production at DEKA project in Egypt
Italian company starts natural gas production in Egypt's Deka gas project.
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Israel nears gas sales to Egypt as Mideast unrest flares
Noble Energy Inc. and units of Israel’s Delek Group Ltd. plan to deliver as much as 6.25 trillion cubic feet of gas from the Tamar and Leviathan .
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Talks with Egypt on potential natural gas sale after ENI-KOGAS drilling results
The construction of a natural gas liquefaction terminal remains a priority for Nicosia.
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Egypt's president ratifies property tax law
Amendments to property tax low cover issues of raising property values, exemptions and forming assessment committees.
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India to revise air traffic pact with Egypt
No Indian carrier flies to Egypt at present but Air India is exploring code shares with Egypt Air, a Star Alliance member, on routes in Africa.
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'Egyptian education system doesn't prepare the youth for modern jobs'
Salma Wahba, youth and adolescent development officer for Unicef Egypt, on supporting the most marginalised young people.
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Egypt awards ambitious Suez project to army-linked Gulf firm
The Egyptian army is a local partner in Dar Al-Handasah Egypt through the Armed Forces Engineering Authority.
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Egypt's PM says electricity problem will improve by Sunday
Assurance comes after meeting with President Abdel-Fattah El-Sisi, who has pressed for a rapid solution for Egypt's increasing blackouts.
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Egypt’s population reaches 87 million
CAPMAS said that the population increased by one million in the past six months, averaging 5,604 people per day.
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Blackouts intensify in Egypt as consumption soars, production lags
Power cuts have increased this week in Egypt as production capacities fall and - the government says - terrorists target electricity pylons.
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Shell Lubricants to reach competitive market share in Egypt by year’s end
MD Saher Hashem talks about the company’s plans to make itself a market leader in the lubricants sector.
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Trade row pits Kenya against Egypt
Kenya says that just packaging sugar from Brazil does not meet the rules of origin threshold.
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Egypt looks to secure LNG production and supply
Egypt has lined up LNG shipments from Algeria’s Sonatrach, Russia’s Gazprom, and France’s EDF.
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IFC, ITIDA Help Improve ICT Skills in Egypt
IFC will help the Information Technology Industry Development Agency (ITIDA) set up a foundation for talent development.
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Beltone manages EGP100m Misr Insurance investment fund
The fund will be managing various financial tools such as fixed income, deposits, treasury bills and deposits.
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Egypt's Ezz Steel sees 110% y-o-y net profit drop in Q1
Company attributes losses of LE221 million to disruption in available utilities in Egypt, which caused a drop in production at its steel plants.
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The Egyptian economy in 2014: Egypt aims to reduce its budget deficit
Although there was an increase of Foreign Exchange Reserves, Egypt’s FX reserves represent a problem for the Egyptian economy.
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Arab Contractors to significantly expand Egyptian and Saudi operations
Company Chairman Engineer Mohsen Salah talks about the the company’s upcoming expansion projects in Egypt and Saudi Arabia.