Monthly Archives: November 2012

#Egyptian_telecoms magnate #Sawiris seeks slice of #Telecoms #Italia

Egyptian telecoms magnate Naguib Sawiris has stepped up activity in the European telecoms market. He has expressed interest in Telecom Italia and is ready to invest up to 3 billion euros to prove it. It sounds good, the Italian telecoms … Continue reading

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#Egypt’s Market PLUNGE, US Food Bank DROUGHT, & Turkish #GOLD_Trade [CAPITAL ACCOUNT]

Welcome to Capital Account. Egypt’s President Mohamed Morsi struggles to resolve a political crisis created after he granted himself new powers by decree on Thursday. The edicts sent tens of thousands of protesters and supporters into the streets, and today … Continue reading

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Walid Hayeck: #Egypt’s growing importance in the #Middle_East Investment Industry

Walid Hayeck, Managing Director at The National Investor, speaks with Baldwin Berges at the MENA Investment Management Forum (MIMF) about the growing importance of Egypt in the Middle Eastern market.

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#Wallety Makes #Online_Credit_Card Payment More Secure in #Egypt

In Egypt, one company is challenging the widespread aversion to online credit card usage by crafting a secure e-payment platform for Egypt’s consumers. After three years of research and development, Wallety, owned by Cloud Lock International, recently launched to make online … Continue reading

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#Coca_Cola’s 5by20 Campaign is empowering #women_entrepreneurs across 12 countries including #Kenya, #Nigeria, #Egypt and #South_Africa

The Coca-Cola Company has announced strong progress toward its goal to enable the economic empowerment of 5 million women entrepreneurs across the Coca-Cola value chain by 2020. The initiative, known as 5by20, is expanding beyond its pilot programs in four … Continue reading

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Firm conditions attached to #Turkey’s loan to #Egypt

Turkey’s loan to Egypt is contingent upon Egypt including Turkish companies in infrastructure projects and providing the Turkish government with expenditure reports, an anonymous source has revealed to Daily News Egypt. The terms and conditions attached to Turkey’s $1 billion … Continue reading

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#Citi_Research: 2012 a lost year for #Egypt

This year was a lost one economically for Egypt, according to a new report by Citi Research. In the Egypt section of their latest report, Global Economic Outlook and Strategy: Prospects for Economies and Financial Markets in 2013 and Beyond, … Continue reading

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