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Sisi confident after investment summit; now for the hard part

Sisi confident after investment summit; now for the hard part

President Abdel Fattah al-Sisi was so confident after Egypt signed billions of dollars of deals at an investment summit that…
PM: Egypt signs deals worth $36 bln at investment summit

PM: Egypt signs deals worth $36 bln at investment summit

Egypt signed deals worth $36 billion at an international investment conference in Sharm El Sheikh, Prime Minister Ibrahim Mehleb said…
Egypt’s market gains LE2bn on Sunday, EGX30 up 0.88%

Egypt’s market gains LE2bn on Sunday, EGX30 up 0.88%

Egypt's market main index EGX30  closed up 0.88 percent on Sunday's session to record 9,726.03 points with a total turnover…
Newspaper prices increase, readers vow to buy less

Newspaper prices increase, readers vow to buy less

The Supreme Press Council (SPC) approved on Sunday an increase in prices for governmental and privately-owned newspapers. Daily newspapers will…
Egypt signs agreement to generate 5,000 megawatts through solar energy

Egypt signs agreement to generate 5,000 megawatts through solar energy

Egypt signed a memorandum of understanding with global energy groups to generate electricity using solar power in a bid to…
Sisi: Egypt needs US$200 to 300 billion to advance

Sisi: Egypt needs US$200 to 300 billion to advance

President Abdel Fattah al-Sisi said at the Economic Summit that Egypt needs 200 to 300 billion dollars to advance, calling…
Mehleb to BP: Paying our dues to foreign companies is our top priority

Mehleb to BP: Paying our dues to foreign companies is our top priority

Prime Minister Ibrahim Mehleb and the Egyptian Petroleum Minister met on Sunday with British Petroleum (BP) CEO Bob Dudley at…
Egyptian pound steady on official market, stronger on black market

Egyptian pound steady on official market, stronger on black market

Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Sunday while…
UPDATED: Reports conflicting on the financier of Egypt’s new capital

UPDATED: Reports conflicting on the financier of Egypt’s new capital

Conflicting reports have emerged over the identity of the Emirati company that will finance the US$45 billion new administrative capital…
VISA: 30 million Egyptians carry out financial transactions outside legal channels

VISA: 30 million Egyptians carry out financial transactions outside legal channels

The MENA Regional Manager of VISA Inc., Tareq al-Husseiny, has announced that his company had prepared a draft strategy for…
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