News
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Egypt's revolution inspires tech start-ups
Egypt's swelling mass of young, educated, and enlightened graduates are now working on changing the future of a nation byte by byte.
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Egypt airports on high alert ahead of June 30 protests
At Cairo airport, security patrols will be increased, passengers will be thoroughly checked and new cameras will be installed ahead of June 30.
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Egypt’s economy seen losing 20.3 bln pounds to child hunger
Illnesses linked to child under-nutrition were estimated to result in health-care costs equivalent to 1.2 billion pounds.
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Egypt's bank holds rates
The central bank is keen for stability ahead of a major anti-government protest scheduled for next week, economists said.
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Egypt values Mubarak family fortune at $1.2 bn
The personal wealth of the wives of Alaa and Gamal Mubarak, Heidi Rassekh and Khadiga al-Gamal, was also included in the figure.
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Egypt election: Is it all about the economy?
Eighty-one percent of Egyptians ranked improving economic conditions as “very important” in a poll by the Pew Research Center.
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Egypt appoints new stock market head
Atef Yassin has been named the new head of the Egyptian stock market, a statement issued by the Investment Ministry said according to Reuters.
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Overview on the modern history of Egyptian economy
Egypt's economy depends on agriculture, Suez Canal revenues, tourism, taxation, cultural and media production, petroleum exports and remittances.
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Six Egyptians join Intel’s ‘Business Challenge’ competition
The top four winners in the region will be granted the opportunity to participate in Intel’s Business Challenges global competition.
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Egypt’s IT market forecast to grow to $1.55bn
Egypt's IT market is forecast to grow to EGP10.878 billion ($1.55 billion) in 2013, says Business Monitor International (BMI).
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Egypt: EGX and BIST merger expected to boost capital markets
The EGX could be merged with the Borsa Istanbul (BIST), Turkey’s stock exchange, by September.
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Egypt tourism minister resigns over Luxor governor
Prime Minister Hesham Qandil has refused Zazou's resignation and asked him to remain in his post until the situation is reviewed.
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Egypt current a/c deficit to March $3.9 bln
Net inflows of foreign direct investment (FDI) rose slightly to $1.4 billion compared to $1.2 billion in the nine months to end-March 2012.
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CBE urges Egypt banks to keep extra cash in run-up to 30 June rallies
In advance of upcoming 30 June anti-govt rallies, CBE tells local banks to keep extra cash on hand to avoid possible currency shortages.
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Share volumes at five-year low
Egypt’s benchmark stock index is the world’s worst performer so far this month with a 14 percent decline.
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EU’s 1bn euro aid to Egypt ‘ineffective’, says audit
European Union support for improved governance in Egypt overall was “well-intentioned but ineffective,” said the European Court of Auditors.
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IFC offers new $400m fund for SMEs in the Arab world
Support for small businesses continues to pour into the Arab world.
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EU aid for Egypt 'hampered by public finance management weaknesses'
The EU spent around €1bn on aid to Egypt between 2007 and 2013.
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Opinion: 30 June business risks
Businesses are trying to predict what the 30th of June means for them.
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Egypt investment minister aims for 7 percent growth in two years
The Finance Minister said he would work out reconciliation agreements with business people who had fled abroad or were suffering legal problems.