News
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Kuwait boasting that it's ready to boost Egypt's economy
In the coming period, Kuwait would give priority to the projects that affect Egyptian citizens.
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India, Egypt discuss ways to expand cooperation
Both countries discussed setting up of a Centre of Excellence in Information Technology at the Al Azhar University in Cairo.
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Arab investments in Egypt reach $50 billion: Minister
Investment forum wraps up in Cairo, as GCC countries pledge billions in new development projects.
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Egypt to get $122 mn from EU
The European Union (EU) has agreed to provide Egypt 90 million euros (over $122 million) in financial assistance.
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Egypt's official growth forecast unrealistic, Prime Holding
Egyptian investment bank estimates annual growth will not exceed 2.7 percent and budget deficit to surpass 13 percent.
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Egypt's business activity grows for first time in 14 months
The seasonally adjusted HSBC Egypt Purchasing Managers Index rose to 52.5 points in November, up from 49.5 points in October.
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Egypt returned $500 mln deposit to Qatar -official
Qatar had been a firm backer of Mursi's Muslim Brotherhood and lent or gave Egypt $7.5 billion during the year he was in power.
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Egypt delays IMF loan decision, Gulf aid helps reform: deputy PM
Bahaa El-Din said Egypt has so far received around $8 billion of a $12 billion aid package from Saudi Arabia, Kuwait and the UAE.
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Five Arab states top the most corrupt list, Egypt not included
Transparency International says political instability in Syria, Iraq, Libya, Somalia and Sudan allows abuses to flourish.
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Egyptian business tycoon Yassin Mansour returns home
Egypt's fifth richest man will return to Palm Hills as chairman.
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Conditions in Cairo better than before, no tourists near protests: Diplomat
Egypt is now working on lifting travel restrictions to all Egyptian territories, according to Egypt's ambassador to Russia Mohamed Al-Badry.
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Gulf states rally Egypt investment to buoy army power
It is the turn of Qatar-Egyptian business ties to undergo a period of disruption, and for other investors to step in.
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Central Bank returns US$500 million deposit to Qatar
A senior official from the Finance Ministry said that the central bank is returning a US$500 million deposit to Qatar on Tuesday.
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Egypt's banknote issuance rose LE10 bn Jun-Aug 2013: CBE
The CBE marked an increase in the printing of money by LE10 billion ($1.45 billion) in July and August, driven by government borrowing.
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Egypt turns around in thin trade
The 50-member constituent assembly began voting on Saturday to approve the draft, article by article.
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Egypt’s Deputy PM flies to London to discuss EBRD financing plans
Dr. Baha El-Din is set to hold talks with officials in EBRD, seeking to bolster bilateral cooperation and discuss the bank’s future plans in Egypt.
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Tourist arrivals drop 69.7% in September: CAPMAS
There has been a major decline in the number of European tourists to Egypt.
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Market gains 600 million EGP in Nov, turnover hits 13 billion EGP
The market capital of shares listed in the Stock Exchange gained 600 million EGP, hitting 402.9 billion EGP by the end of November.
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In conversation with Egypt’s tourism minister
Zazou seeks to increase the number of visitors to the Red Sea region as a strategy to return Egypt’s tourist trade to pre-revolutionary levels.
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World Bank to finance new projects in Egypt: Minister
World Bank will loan Egypt $2 billion to support development, sources say.