News
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In Egypt, political turmoil hits tourism business
The millions of Egyptians working in the tourism sector are competing for business from an even smaller pool of tourists.
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Egypt enjoys power surplus due to energy-saving measures by public
National electricity grid sees 300-megawatt power surplus last week due to energy-saving measures adopted by public, state media reports.
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Egypt pound strengthens
The central bank sold $37.6 million to banks, with the cut-off price at 7.0097 pounds to the dollar compared to 7.0184 pounds at Thursday's sale.
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Egypt to resume natural gas supply to Jordan in 10 days
Initial evaluation shows that the explosions, which caused no casualties, damaged about 12 kilometers of the 36-inch pipeline.
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Egypt stocks plunge after Republican Guard HQ clashes
Main index down 2.4% in first minutes of trading after Cairo clashes between supporters of deposed president Morsi and security forces leave 42 dead.
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Egypt's financial position may be even worse than previously estimated
The central bank's net hard currency reserves are in negative territory if upcoming short-term obligations are included.
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There's a war on Wikipedia over the Egyptian Military 'Coup'
There is an ongoing battle on the internet encyclopedia over the title of the article "2013 Egyptian coup d'état."
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Egypt's central bank governor flies to Abu Dhabi
Egypt's budget and balance of payments and have reached a state of crisis in the past two and a half years.
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Explosion hits Egypt-to-Jordan gas pipeline; exports halted
There were explosions early on Sunday at an Egyptian pipeline supplying natural gas to Jordan.
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Egypt remains world’s largest wheat importer
Even though imports have been slightly lower this year, still the country’s import needs will only get larger in the coming years.
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Trade between Egypt, Turkey faces deadlock
RO-RO services have been of great significance for Turkey’s trade with the Middle East since 2011.
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African Union suspends Egypt's membership
The decision was taken at the emergency session of the AU's Peace and Security Council (PSC) here.
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Fitch downgrades Egypt's credit ratings
The firm says Egypt's political situation could become even more unstable, hurting its economy and its creditworthiness.
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Coup may give Egypt window to tackle economic problems
The departure of Mursi, who was widely blamed for the condition of the economy, will not provide any quick or easy fixes to problems.
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Egypt bourse soars, breaks records after Morsi ouster
Market gains LE20 billion in first hours of trading as Egyptian investors react euphorically to news of Morsi's ouster on Wednesday night.
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Egypt pound strengthens at Thursday forex auction
It was the first time the currency has strengthened on the official market since the central bank introduced the auctions.
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Opinion: After Morsi is gone, what’s next for Egypt's tourism?
Cruise news editor Sam Ballard discusses the country’s problems and answers what Egypt must do to get back on its feet.
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What a difference a year makes
The hounding from power of Egypt's president, Muhammad Morsi, will have implications across the Arab world.
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Egypt unrest pushes the price of oil to a 14-month high
The price of US light crude oil hit a 14-month high on Wednesday to over $100 a barrel on concerns over political turmoil in Egypt.
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Lingering crisis in Cairo dims Egypt's economic outlook
The economic backdrop has deteriorated and will continue to do so until some semblance of political stability is seen.