News
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Opinion: The Cabinet’s lost bet on foreign capital
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The Nile, Egypt's lifeline in the desert, comes under threat
Poor African capitals are increasingly challenging Cairo for the river's water, without which Egypt's economy would wither and die.
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First Egyptian case study in Phillip Kotler’s book
Phillip Kotler’s chosen Bee case study to be a case study in the next Marketing Management Edition.
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Egypt awards first oil licenses since uprising
The biggest winners were Canada’s TransGlobe with four concessions and Shell with three concessions in the western desert.
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Egypt to Obama: Congratulations, now let's talk business
Egypt, the Middle East’s most populous nation, has been following closely the U.S. election.
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Dana Petroleum brings news Egypt wells into production
Oil firm Dana Petroleum is bringing new wells into production in Egypt, after a successful drilling campaign.
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Egypt and the IMF: A fraught relationship
Egypt's relationship with the IMF, however, is nothing new - it's a fractious relationship going back decades.
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Investment boosts ahead for Egyptian economy
The European Bank for Reconstruction and Development (EBRD) seems close to approving investments of up to $3.2 billion a year.
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Egypt sees IMF loan deal in Dec, cabinet approves stock market tax
The cabinet had on Wednesday approved a new 10 percent tax on major transactions on the Egyptian stock exchange.
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Emami to set up units in Bangladesh, Egypt
The Egypt unit is likely to be ready for operations by the end of this fiscal, N.H. Bhansali, CEO, Finance, Strategy and Business Development said.
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Egypt prosecutor orders ban on online pornography
In the past, similar orders were not enforced because of high costs associated with technical applications.
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Jordan seeks full gas supply resumption from Egypt
Concern has been mounting in Jordan that its one-time main supplier has intentionally cut off the gas, possibly in order to stoke popular anger.
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Egypt's GB Auto Q3 profit dips 26.5 pct on car supply shortage
Egypt's biggest listed automobile assembler controls a third of a passenger car market which has grown quickly in recent years.
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Australia urged to ban cattle exports to Egypt
Australia halted live cattle exports to Egypt over cruelty concerns after images of animals having their eyes poked out and tendons slashed.
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Govt begins to implement employment quota for people with disabilities
It seems as though the government has begun to enforce a quota this month based on orders from President Mohamed Morsy.
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ITIDA, National Bank of Egypt agree ICT SME funding
The agreement aims at providing the necessary funds for ICT SMEs registered in ITIDA's database and helping them work together.
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Egypt pound slips to weakest in almost eight years
The Egyptian pound was bid as low as 6.114 to the dollar on Tuesday compared to a close of 6.110 the day before.
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Legal disputes could plague Egypt ETF
In the past month EGPT has slipped almost 5.2 percent and investors have pulled some cash from the fund.
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International tourism strong despite uncertain economy
The Middle East continues to show signs of recovery, with particularly promising results in Egypt.
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Egypt moves to rein in energy subsidy bill
Reuters reported that the government spent 96 billion Egyptian pounds, or 20 per cent of all expenditure, on subsidising petroleum products.