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Egyptian companies freeze investments in Syria

Egyptian companies freeze investments in Syria

Egyptian officials said a number of Egyptian companies have frozen investments and activities in Syria due to the deteriorating security…
Number of foreign workers in Egypt declining

Number of foreign workers in Egypt declining

The total number of foreigners working in the private sector and investment in Egypt has declined during 2012 to reach…
$2 billion UAE aid package to Egypt by the end of Crown Prince visit

$2 billion UAE aid package to Egypt by the end of Crown Prince visit

The Crown Prince of Abu Dhabi and Defense Minister Mohammed bin Zayed Al Nahyan has held a series of meetings…
Market capitalization up by LE1.4 billion Sunday

Market capitalization up by LE1.4 billion Sunday

The Egyptian stock indexes rose by the end of Sunday backed by purchases by Arab and Egyptian investors. The market capitalization…
Grocers protest shortage in supply commodities

Grocers protest shortage in supply commodities

Dozens of subsidized supply goods distributors staged a protest on Sunday outside the Food Industries Holding Company over the delivery…
Egypt preparing timetable for energy debts

Egypt preparing timetable for energy debts

Egypt is preparing a timetable for repaying arrears on debts it owes to foreign oil companies operating in the country,…
In Syria, try banks before bombs

In Syria, try banks before bombs

As President Barack Obama weighs the U.S. response to chemical weapons attacks against Syrian civilians, one soft power option should…
CBE denies Brotherhood figures have accounts in banks

CBE denies Brotherhood figures have accounts in banks

A source from the Central Bank of Egypt (CBE) said most Brotherhood figures’ assets are being invested outside the bank…
Stock market dips 4% amid Syria fears

Stock market dips 4% amid Syria fears

Egypt’s stock market marked a four-percent decline on Thursday by end of trading, amid expectations of a potential military strike…
LE22.353 billion added to investment budget as an urgent measure

LE22.353 billion added to investment budget as an urgent measure

The cabinet will begin implementing an urgent economic program in September to revive the Egyptian economy over a period of…
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