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Egypt one of the fastest-growing economies: Davos forum chairman
The chairman of the Davos forum praised Egypt's progress, especially the economic and legislative reforms that contributed to improving investment
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Egypt issues longest-term international bond with maturities of 40 years
Egyptian Finance Minister Mohamed Ma'eet said that Egypt has returned to the international bond market by issuing 2 billion dollar bonds in 3 tranches
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Empire Aviation launches aircraft management services in Egypt
Empire Aviation has launched aircraft management services in Egypt and inducted the first aircraft - a Bombardier Global 6000 (G6000) business jet.
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Egypt's unemployment goes up by 0.3% in Q3 2019
The unemployment rate dropped to 2.2 percent in Q3 of 2019, compared to the same period of the previous year 2018, the CAPMAS said.
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Egypt's textiles salvage plan reveals backing for state sector
The government has placed it at the center of an ambitious plan to rescue loss-making national firms in the once-thriving textiles sector.
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UAE, Egypt to set up $20bn joint investment platform
The investment platform will be run through Egypt’s newly established sovereign wealth fund and Abu Dhabi Development Holding.
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Luxor prepares for Christmas celebrations
Occupancy rates of floating and fixed hotels in Luxor are expected to reach 100 percent.
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Former Cairo, Egypt resident wins 2019 Elkford business awards
The Elkford Drug Store owner is the recipient of the 2019 Elkford Business of the Year.
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Egypt's trade minister opens fourth Destination Africa exhibition
Around 150 exporters and 230 buyers from the United States and European Union took part in the exhibition.
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Egypt’s inflation lowest in nearly a decade
The annual inflation rate was 2.4 percent in October, compared with 17.5 percent a year earlier, according to CAPMAS.
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Ministry of tourism receives World Travel Market award
The Global Leaders Award for "Outstanding Contribution to the Industry" is more good news for Egypt's tourism sector.
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Egypt top country in app growth
In the comprehensive Adjust report, Egypt scored quite high on almost all categories of apps and retention whether gaming or entertainment.
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64% of Egypt's businesses are more optimistic about future in the market
The latest HSBC ‘Navigator: Now, next and how’ survey of over 9,100 companies in 35 countries found that 64% of businesses in Egypt are optimistic.
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Mountain View debuts first business park in Egypt
Mountain View announced the launch of Heartwork project, the first business complex in Egypt, in the heart of New Cairo.
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Egypt's hotel sector witnesses highest performance since 2008
In parallel, the tourism sector continues to perform well with new infrastructure, improved security and major attractions such as the GEM.
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Egypt’s MPA signs MoU with US’ Hyundai Technology
The American company will train Egyptian military production companies’ engineers and workers in the manufacturing of computer products.
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Egypt's Suez Canal records highest ever monthly revenues in October
Revenues from the canal recorded a yearly growth rate of 5.4 percent in fiscal year (FY) 2018/2019, reaching $5.9 billion, up from $5.6 billion.
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Cairo ranked 3rd must visit city in 2020
With GEM opening anticipated and the new Sphinx airport, Cairo is set to be one of the top tourism hotspots of 2020.
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Egypt's first smartphone maker to export to Germany next month
SICO, set up in December 2017 and has 200 million Egyptian pounds ($12.43 million) in paid-up capital, sells phones under the brand name Nile X.
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Paris wheat steady as market assesses Egypt purchase
Benchmark December milling wheat on Paris-based Euronext was up 0.25 euros, or 0.1%, at 179.50 euros ($199.39) a tonne at 1710 GMT.
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Egypt's GAFI introduces new facilities in Mit Ghamr investment zone
The new facilities will be for investors who purchased the statements of work of the 107 industrial services units in Mit Ghamr investment zone.
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Egypt's non-petroleum exports increase by 3%
Egypt's non-petroleum exports recorded a three percent increase during the first nine months of 2019, reaching $19.201 billion, up from $18.708 bn.
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Egypt the most attractive African market for FDIs with $3.6 bln
In a report issued on Monday, UNCTD unveiled that Egypt has attract FDI flows worth $3.6 billion.
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OECD praises Egypt's inclusive social, economic development
Secretary-General of the Organisation for Economic Co-operation and Development José Ángel Gurría praised Egypt's efforts in inclusive development.
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EasyJet looks to increase marketing in Egypt staring this Winter
Company’s officials revealed that there is a growing demand among their customer base to travel to Egypt.
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Egypt launches Ain Sokhna-Mombasa shipping line
The line will offer a full range of transport and logistics services to global traders working with East African countries.
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Egypt market's annual growth rate of consumption hits 12.5%: FEDCOC
Ezz noted that its annual growth rate of consumption averaged 12.5 percent.
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Egypt participates in UK's World Travel and Tourism Market
Egypt’s Chamber of Tourism Establishments will participate with a high-level delegation in the World Travel and Tourism Market (WTM) 4-6 November.
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Egypt inaugurates largest subway station in Middle East
The air-conditioned station is the largest subway station in Egypt, Middle East and Africa, with cost amounted to about 1.9 billion EGP.
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Egypt’s economy to achieve 5.7% growth in 2019/20
Fitch Solutions said that government investment is likely to remain to the main driver of growth.
