Bloomberg

Iraq signs agreement with Egypt’s Al Qalaa for Mosul refinery
Business

Iraq signs agreement with Egypt’s Al Qalaa for Mosul refinery

Iraq’s Oil Ministry said it signed a preliminary agreement with Egyptian company Al Qalaa to build a 150,000-barrel-a-day refinery in…
Egypt’s stocks drop after anti-military protest
Business

Egypt’s stocks drop after anti-military protest

Egyptian stocks fell to the lowest in more than a week after clashes that erupted in central Cairo between supporters…
Egypt keeps interest rates unchanged at 8.25%
Business

Egypt keeps interest rates unchanged at 8.25%

Egypt’s central bank kept its benchmark interest rate at the lowest level in more than four years with the aim…
European Investment Bank to give Egypt US$2.1 billion
Business

European Investment Bank to give Egypt US$2.1 billion

The European Investment Bank will give 1.5 billion euros (US$2.1 billion) to Egypt between 2011 and 2013 for projects including…
Egypt’s shares rise most since May as military cedes to protesters’ demands
Business

Egypt’s shares rise most since May as military cedes to protesters’ demands

Egyptian shares rallied the most in seven weeks after the government moved to appease demonstrators in several cities and former…
Egypt’s debt burden spurs Muslim Brotherhood call for austerity
Business

Egypt’s debt burden spurs Muslim Brotherhood call for austerity

Egypt’s Muslim Brotherhood is campaigning for September’s parliamentary elections on a platform to trim the country’s budget deficit. The group,…
Egypt’s military approves budget
Business

Egypt’s military approves budget

Egypt’s ruling military council approved the budget for the fiscal year that starts on July 1, state media reported on…
Egypt may open border with Gaza Strip as Israel expresses concern on Hamas
Egypt

Egypt may open border with Gaza Strip as Israel expresses concern on Hamas

Egypt plans to open its border crossing with the Gaza Strip, possibly within the next two weeks, the Foreign Ministry…
Egyptian stocks advance after 22% plunge
Business

Egyptian stocks advance after 22% plunge

Egypt stocks climbed to the highest level since January, led by Six of October Development & Investment (OCDI) Co., on…
Egypt shares rise a second day on demand for consumer companies
Business

Egypt shares rise a second day on demand for consumer companies

Egyptian shares rose for a second day on Monday, led by food and telecommunications companies on bets that defensive stocks…
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