Middle-east Arab News Opinion | Asharq Al-awsat

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Traders work at the Egyptian Exchange in Cairo
(Reuters/Mohamed Abd El Ghany)

Financial expert says Gulf investors eyeing Egypt

by Sharif Yamani | Jun 21, 2013 | Business

Cairo, Asharq Al-Awsat—The chairman of the Board of Directors of HC Securities and Investment, Hussein Choucri, has said that investors from the Gulf region are interested in venturing into the Egyptian market and are currently considering available opportunities....

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Man holding Egyptian currency (AAA)

Egyptian government plans incentives for investment

by Sharif Yamani | Jun 20, 2013 | Business

Cairo, Asharq Al-Awsat—Egyptian investment minister Yahya Hamed said growth in his country is expected to reach 2.2% this financial year, adding that the reason for the low growth rate is the drop in investment caused by the political unrest over the past two and half...

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An investor monitors an electronic board displaying stock information at the Dubai Financial Market June 13, 2013. REUTERS/Ahmed Jadallah

Morgan Stanley to declare UAE and Qatar “Emerging Markets”

by Sharif Yamani | Jun 13, 2013 | Business

Cairo, Asharq Al-Awsat—The United Arab Emirates and Qatar have been reclassified by New York’s Morgan Stanley Capital International (MSCI) as “Emerging Markets,” in a move experts say could boost investment in both states. The announcement resulted...

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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’s foreign currency reserves hit USD 16 billion

by Sharif Yamani | Jun 7, 2013 | Business

Cairo, Asharq Al-Awsat—Egypt’s foreign currency reserves rose by USD 1.6 billion by the end of May, reaching USD 16.039 billion from USD 14.426 billion last April, the Central Bank of Egypt (CBE) has announced. The USD 3 billion deposited in the CBE last month by...

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A picture taken on May 28, 2013 shows the Blue Nile in Guba, Ethiopia, during its diversion ceremony. (AFP Photo/William Lloyd George)

Saudi businessmen propose Egypt infrastructure investments

by Sharif Yamani | Jun 6, 2013 | Business

Cairo, Asharq Al-Awsat—A spokesman for the Egyptian Council of Ministers has revealed that a number of Saudi businessmen have offered to invest in infrastructure projects in Egypt, including electricity generating stations and water desalination plants. Alaa El-Hadidi...