Monday 23 April 2018
 
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Egypt

IHG signs double hotel deal in Egypt with Arabia Hotels

InterContinental Hotels Group (IHG) has announced the signing of two new hotels in Giza, Egypt, in partnership with Arabia Hotels, a subsidiary of Arabia Holding. The announcement was made at the Arabian Travel Market, taking plac

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World Bank agrees $500m for Egypt education project

The Egyptian government and the World Bank have signed an agreement for the $500 million supporting the Egypt Education Reform project, which aims to improve teaching and learning conditions in Egypt’s public education system.

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EU, Egypt to ink strategic energy partnership deal

European Union is set to sign an MoU for strategic cooperation in energy with Egypt, which is fast becoming an important gas and electricity hub  that can provide energy security for the bloc as well as the entire region, said a report.

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Samsung launches Galaxy S9 phones in Egypt

Samsung Electronics recently announced the launch of its Galaxy S9 and S9+ smartphones in Egypt. “With the launch of the Galaxy S9 and S9+, Samsung confirms its position as a technology leader not only in Egypt, but across t

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DP World opens new customer service unit in Egypt

Egypt-based DP World Sokhna, a marine terminal of global shipping terminal operator DP World, has opened a new customer service centre worth EGP3 million ($169,620).  The announcement was made at a recent ceremony which was a

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Air Arabia Egypt flies direct between Sohag and Kuwait

As part of its route expansion strategy, AirArabia Egypt has launched a new route linking Sohag to Kuwait. The new flights operate three times a week, on Tuesdays, Wednesdays and Thursdays, departing from Sohag International Airpo

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Egypt announces $3.1bn railways revamp plan

Egypt is set to invest a total of E£55 billion ($3.1 billion) for the revamp of the national railway network over the next five years, including the addition of 1,000 new train cars, reported Al Ahram Arabic news website, citing t

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DFM welcomes Egypt’s Naeem Holding listing

Dubai Financial Market (DFM) has announced the listing of Naeem Holding for Investment, in a first step of its kind from an Egyptian company. Trading commenced on the company’s shares under the trading symbol, NAHO, which ap

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DFM welcomes Egypt’s Naeem Holding listing

Dubai Financial Market (DFM) has announced the listing of Naeem Holding for Investment, in a first step of its kind from an Egyptian company. Trading commenced on the company’s shares under the trading symbol, NAHO, which ap

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Egypt non-oil sector sees price pressures ease

Inflationary pressures across the Egyptian non-oil private sector during March, with both input prices and output charges increasing at softer rates, said the latest Emirates NBD Egypt PMI survey. Moreover, average cost burdens ro

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