News
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China's Baidu testing search engines for Brazil, Egypt, Thailand
Baidu is testing new search engines for users outside China that will target markets in Brazil, Egypt and Thailand to start with.
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Italian Ambassador announces Tourism promotion initiative in Aswan
In a tourist tour of Aswan, the Italian ambassador he will attract Italian investors to establish a marble and small industries factory in Aswan.
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BG Group warns Egypt problems will leave production below expectations
Oil and gas company's shares tumble more than 14% after unscheduled statement to the stock market.
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Egypt’s Naguib Sawiris ‘still interested’ in Telecom Italia
Naguib Sawiris says he is “still interested” in buying a stake in Telecom Italia – but only if the telecom firm’s largest shareholder exits.
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Egypt calls early presidential election as violence spreads
Parliamentary elections were supposed to be held first under the timetable drawn up after the army overthrew President Mohamed Mursi.
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Government may raise taxes to meet expenditures: Finance ministry
Minister of Finance says additional revenue vital to reining in budget deficit.
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Egypt withdraws embassy staffers from Libya
Egypt had earlier reported that its administrative attache had been kidnapped in the Libyan capital late yesterday.
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Governor of Alexandria to found new fish market
Mahdy ordered the formation of a committee comprising of representatives from different bodies in preparation for the project.
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Egypt bombs another blow to tourism
Egyptian tourism suffered yet another setback on Friday, after a series of explosions in the capital Cairo left at least five people dead.
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With the new constitution passed, should you now be investing in Egypt?
The economy of Egypt, like any country, is bound to the stability of the wider society.
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Egypt will return $3bn to Qatar this year
Qatar, a firm backer of Mohamed Mursi, lent or gave Egypt $7.5 billion during the year the Islamist was president.
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Sweden supports big push for Women in Egypt
The initiative aims to strengthen the participation of women in politics and business, reduce genital mutilation and sexual harassment.
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Emaar to boost Egypt investments
“The value of our investments [in Egypt] is developing, despite the difficult situation, according to company chairman Mohamed Ali Alabbar.
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Opinion: Political stability critical for Egypt to foster tourism
Tourists were frightened away by the scenes of massive protests in Tahrir Square and stayed away.
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Post “Revolution” Egypt says open for business
Minister Abdel Nour spoke extensively of the need to “correct” perceptions he asserted are being driven by inaccurate coverage by foreign media.
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Dubai retailer MAF to invest $2.3bn in Egypt
Total investments on the plan, including Carrefour, should be around 16 billion Egyptian pounds over the next four to five years.
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British trade delegation eyes Suez Canal Project
The winner will receive the final contract in October, and will have nine months to submit an initial plan for the project.
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New minimum wage takes effect Wednesday
The new minimum monthly wage is 1,200 EGP ($171), but it does not apply to workers in the private sector.
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Egypt's market rises while turnover stabilises
Arab investors were net buyers at LE10 million ($1.43 million) while most sellers were Egyptians.
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Egypt tourism revenues drop 41% amid 2013 violence
After a slight improvement in 2012, tourism took another hit in 2013 when hundreds were killed in violence.