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Egyptian Finance Minister Ahmed Galal speaks to Asharq Al-Awsat in Cairo. (Asharq Al-Awsat)
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A general view of the Nile River and the Cairo skyline is seen from the Cairo Tower in Cairo Tower in the Zamalek district Tuesday, Aug. 27, 2013. (AP Photo/Manu Brabo)
Egypt launches new five-year investment plan
Cairo, Asharq Al-Awsat—The Egyptian government announced the launch of the first integrated industrial map for industrial investment on Tuesday. The government claims that the map will provide complete data of all lands utilized for industrial production, and identify...Caption:
Traders work at the Egyptian Exchange in Cairo
(Reuters/Mohamed Abd El Ghany)
Egyptian stock exchange loses USD 1 billion
Cairo, Asharq Al-Awsat–The Egyptian stock exchange fell yesterday following fears caused by the ongoing unrest, taking the index to its lowest level since mid-June. Sales by foreign investors yesterday were the cause of the decline, causing the market to lose around...Caption:
File photo of people and vehicles are seen caught in a traffic jam in front of the Central Bank of Egypt’s headquarters in downtown Cairo. (Reuters/Amr Abdallah Dalsh)
Egypt postpones Qatari bond issue
Cairo, Asharq Al-Awsat—Hamdi Samir, adviser to the minister of finance for public debt affairs has said the plan to issue Egyptian bonds in favor of Qatar has been temporarily postponed due to the unrest in the country, adding that only the date of the issue will...Caption:
The Agouza neighborhood, background, is seen during a power cut, in Giza, Egypt, Sunday, June 2, 2013. (AP Photo/Hassan Ammar)