Consulting News
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Egypt trade deficit falls for seventh straight month
Report by state statistics body shows the decline in the trade deficit was driven by a drastic fall in imports.
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King Abdullah's roadmap for Egypt: economy, justice and dialogue
Economy is the first item in the king's roadmap for Egypt, as the kingdom will do what it can and has called for a donors’ conference for Egypt.
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Sisi sworn in as Egypt's president
Before a panel of judges at the Supreme Constitutional Court, Sisi swore to protect Egypt's republican system, unity law & interests of its people.
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Egypt turns to Western economic advisers, signalling possible reforms under Sisi
This could be used as a basis for reopening talks on a loan deal with the International Monetary Fund.
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Cairo traffic costs Egypt LE47 bn a year: World Bank
Poor traffic management and prevalence of private cars are to blame for Cairo's traffic, according to a new report.
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King Abdullah calls El-Sissi to pledge economic support
El-Sissi thanked King Abdullah for assisting Egypt and congratulating him on winning the elections.
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Egypt sees lower consumption of octane 95 in 2013/14
First nine months of the 2013/14 fiscal year see a drop in octane 95 petrol consumption.
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Saudi King invites countries to attend donor conference for Egypt
The monarch said any country that did not contribute to Egypt's future despite having the ability to do so would "have no future place among us".
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Egypt's energy crunch is next big test for Sisi
Key to the solution is obtaining sufficient fuel supplies for Egypt’s power plants.
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Sisi won 96.1% of vote in Egypt presidential election, say officials
Electoral commission says 47.5% of Egypt's 53 million eligible voters participated in election.
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Egypt business activity shrinks in May - PMI
The government is walking a fine line in an attempt to boost revenues and cut a high deficit at the same time as luring investors into the country.
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Informal system is a "structural defect" of Egypt's economy: Al-Diwani
Prohibitive laws and procedures push Egyptians to work in the informal sector, says executive director of Center for Economic Studies.
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Egypt planning to store wheat for Arab countries: Supply minister
Savings to be achieved from the new bread subsidy system in some governorates are estimated to amount to 30% of total subsidies provided.
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UK Secretary of Business to visit Egypt in October
The UK Secretary of Business is expected to visit Egypt in October accompanied by a delegation of investors and business officials.
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Getting elected Egypt's president is nothing compared to fixing its economy
Government spending in subsidies has significantly cut into Egypt’s budget in recent years, with petroleum subsidies getting the bulk of the blame.
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ILO lifts Egypt's name from short-term blacklist
The organization blacklisted other 25 countries for violating the rights of laborers.
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Egypt's average weekly salaries rise 18% in 2013: CAPMAS
Rise in public sector salaries were 3 percent higher than private sector, but with more hours worked per week, says government statistics body.
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Al-Sisi wins election by landslide
The campaign of retired field marshal Abdul Fattah al-Sisi said he won 23.38 million votes, with left-wing politician Hamdeen Sabahi taking 735,285.
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Egypt's elections and its faltering economy
Last year, there were five million fewer tourists to Egypt than in 2010, falling from 14.7 million to 9.5 million.
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Egypt hopes el-Sisi can reignite economy
El-Sisi is expected to win the election easily and his first task will be to rebuild infrastructure and business confidence.