News
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Sisi calls for more Chinese investment, aid
The Egyptian leader made the remarks while meeting with China's Industry and Information Technology Minister Miao Wei.
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Banks see opportunities in Egypt despite uncertainty
There has been a noticeable improvement in the banking industry’s short-term outlook, as well as on the sector's long-term opportunities.
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Industry Minister: Improving national economy high priority
The ministry will work on creating the appropriate climate to lure local and foreign investments, according to Abdel Nour.
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Investment to begin in Egypt's underdeveloped governorates: Minister
Ambitious plan from Egypt's new president to focus on new enterprises in more rural areas, traffic congestion, developing industries etc.
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Coca-Cola invests in Egypt and Pakistan, sees big sales growth
As part of a $500 million investment plan announced for Egypt in March, Coca-Cola will start constructing a new juice plant in 6th of October City.
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U.S. aid to Egypt to be decreased
U.S. economic aid to Egypt may be brought from $1.3 billion down to $1 billion and may be conditioned by the democratic and human rights situation.
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Egypt investor sensitivity challenge for foreign exchange market: MerexMarkets
MerexMarkets will participate in the 2014 Africa Forex Expo in South Africa, the Middle East Expo in Kuwait and the Turkey Forex Expo.
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Opinion: El-Sisi's Economic Challenge - Expand the Middle Class
The number of people living below the middle-class level (and thus may be considered poor) increased from 60 million in 2000 to 63 million in 2010.
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Russell Indexes to reclassify Egypt as a Frontier Market
The Egyptian country constituent returned more than 76% and, in 2014 year-to-date as of June 13, it has returned nearly 28%.
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Egypt aims to attract 2% of visitors through e-marketing
The marketing campaigns launched by the Ministry of Tourism in collaboration with Google include the Arab countries and Europe.
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Egypt's Juhayna to issue bonus shares
Egypt's Juhayna Food Industries said on Wednesday it would distribute bonus shares on July 7.
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Egypt's natural gas exports fell 81% Y-o-Y in April: Report
Natural gas production also down by 14 percent from same period last year, as government looks to improved year in fiscal year starting in July.
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Egypt's regulator approves Beltone-Sawiris bid for EFG Hermes stake
The offer for a stake in one of the largest investment banks in the Middle East could point to a revival of dealmaking in Egyptian equities.
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IBM builds a Cloud Ecosystem in Egypt with new technology and skills
IBM & ITIDA provide collaborative enterprise Cloud Computing Opportunities to 100 independent software vendors.
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Competition set to rise in Egypt's telecoms industry
A new licence system governing Egypt’s fiercely competitive telecoms sector is expected to be rolled out within weeks.
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Seoudi and Zad to be re-opened under Egyptian government's control
Two prominent supermarkets with an estimated total value of over LE2 billion will now be operated by a state-run holding company.
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Egypt swears in new government in a bid to boost economy
Egypt's economy is forecast to grow at just 3.2 percent in the fiscal year that begins on July 1, well below levels needed.
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Egypt's main commercial oil product users sign up to smart card system
The government hopes the programme will allow authorities to analyse fuel consumption data before enacting reforms to the wasteful subsidy system.
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Egypt's tourism sector braces for subsidy cuts
Slightly higher prices are expected due to fewer tourist destinations other than Egypt in the winter season.
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Fawry to organize Egypt's first financial inclusion conference
It aims to discuss the best means of extending financial and governmental services to small and micro enterprises and the neediest Egyptians.