The deal should raise the field's production capacity of Shaybah by 25 percent
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A new Arab Banking Corporation deal to acquire a 49 per cent ownership stake in the Libyan–based Mediterranean Bank S.A.L reflects ABC's North Africa expansion plans
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The firm says it had already paid taxes and would take legal steps
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EGX30, Egypt's main stock market index, rose by 0.82 per cent to 6,996 points, led by the largest listed lender, which exceeded expectations. The total turnover in the mid-week session was LE1.336 billion
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An Egyptian court has postponed the review of Palm Hills Development case until 4 January, 2011
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Growth in Egypt’s telecommunications industry may be slower starting next year, as both mobile phone revenue per user and the number of new subscribers decline
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Japanese publishers are accusing Apple Inc. of selling pirated digital copies of novels
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Amid tough competition with Google over revenues, Yahoo plans to lay off about 600 of its staff
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EGX30 did not bend despite a selling spree, rising 0.32 per cent.
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The Egyptian administrative court will convene tomorrow to begin discussing the case of Palm Hills Development’s (PHD) land acquisition.
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Airbus raises its demand forecasts as the aircraft industry recovers
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ASEC Cement will triple its output in the Middle East and North Africa region by 2013, executives say
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Canada's East West Petroleum has gained 20 per cent of the Burg Al-Arab concession via Kuwait Energy
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The leading electricity company in the Midddle East is planning to establish two new plants in Russia and Australia
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Amer Group has won a bid to develop 2.8 million square metres south of Cairo
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Despite his jeans and the laptop hanging off his shoulder, Amr El-Salanekly, 20, is not your average third-year university student. He is co-founder of Skinzo, the first Egyptian company to produce laptop skins.
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Oil demand forecast for 2011 has increased as consumption is expected to rise in developed countries
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Orascom Development to launch a public tender offer to the remaining minority shareholders in its subsidiary, Orascom Hotels & Development(OHD), and intends to delist OHD from the Egyptian Stock Exchange
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