News
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Despite political unrest, domestic tourism in Egypt performed well in 2013
International arrivals decreased due to unrest and country’s negative image in international media, the research organisation says.
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Egypt unveils $4.9 billion stimulus package
Interim authorities announce new stimulus measures in a move analysts say is designed to shore up public support and curb unrest.
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Sustainable and "Smart"? How Egypt is reducing its pounds on petrol
Egypt's finance ministry announced that one million car owners have so far received fuel smart cards, part of a new system to reduce petrol subsidies
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MEDA Finance conference kicks off in Cairo
The two-day conference provides private sector businesses in the Mediterranean region a total of $22m in funds.
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Consumer confidence in economy rises 11.9%
A survey by the Cabinet’s Center for Information and Decision Support showed an 11.9 percent rise.
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Consumer confidence in economy rises 11.9%
A survey by the Cabinet’s Center for Information and Decision Support showed an 11.9 percent rise.
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Egypt's market opens week in the green
While market bellwethers inched down on Sunday trading, the EGX30 and EGX70 indexes both ended the day on the up.
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GM’s Barra mightiest woman in global business
Fortune’s 50 most powerful women in business list emphasized executives who oversee an international operation.
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As tourism plummets, Bazaar in Egypt brings traditional handicrafts to the US
Some undaunted entrepreneurs have successfully taken the souvenir trade online.
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Private companies’ struggles re-emerging
Demand from foreign markets is rising, but output and new orders are declining.
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Bank of Egypt ( bank misr ) the best in cash management , liquidity, and funds
Bank of Egypt received for the sixth year the award for Best Cash Management Bank , liquidity and money market funds from Global Finance magazine.
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Travel and Tourism in Egypt to 2018 Research Report
Research and Markets has announced the addition of the "Travel and Tourism in Egypt to 2018" report to their offering.
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African Development Bank will not halt loans to Egypt
Development finance institution remains committed to Saudi–Egyptian grid project, says top executive.
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Egypt moves into the black
Egypt’s central bank has taken extraordinary steps to prop up its currency and curb a black market in foreign exchange.
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Egypt bets on $14bn Suez revamp to jump-start economy
The bidding process for Egypt’s multi-billion dollar plan to refurbish the Suez Canal kicked off in January.
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Egypt's tourism industry gaining back confidence
The Egyptian Tourism Authority (ETA) has officially released the country's tourism figures for 2013.
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Egypt forex reserves up for first time since August
Net international reserves rise for first time in five months due to a $2 billion deposit from Saudi Arabia.
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Egypt pledges to pursue tourism plan
The Egyptian Tourist Authority is wooing overseas tourism officials and developing niche markets such as golf, wellness and diving.
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IDB allocates $220m for Egyptian power project
Allocation comes as part of nearly $705m approved by the bank to finance projects in Muslim communities.
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Troubled BG won’t exit Egypt in a hurry, says boss
Chris Finlayson admits shareholders are "disappointed" with a year's performance that ended with a profits warning.