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Business
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Economy
11/1/2023 5:09:44 PM
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates amid the latest economic developments on the local and global fronts.
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Business
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Economy
10/30/2023 3:55:13 PM
The Egyptian Exchange (EGX) is preparing to launch a real estate exchange within four months, which will boost the local market, encouraging small investors in the sector and offering a new financing tool for developers, according to experts and key executives who spoke to Ahram Online.
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Egypt
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Health
10/30/2023 10:36:55 AM
Egypt’s parliament – the House of Representatives – approved on Sunday a government-drafted amendment to the 2016 VAT law to impose a tax of EGP 0.50 on tobacco products sold on the local market.
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War on Gaza
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War on Gaza
10/26/2023 8:13:53 PM
Soldiers and volunteers on Thursday were battling a blaze on Lebanon's southern border caused by Israeli bombing overnight, local officials said, as Israel and Hezbollah exchange near-daily cross-border fire.
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Business
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Markets & Companies
10/23/2023 4:53:20 PM
Egyptian medical city GYPTO Pharma and a group of local companies on Monday signed EGP 4 billion ($129.44 million) worth of contracts with Saudi Arabian Med City Pharma company to transfer drug manufacturing technology and production to the kingdom.
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Business
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Economy
10/21/2023 5:07:34 PM
S&P Global Ratings agency (previously Standard & Poor's) has downgraded Egypt's long-term sovereign credit rating in local and foreign currencies to B- from B, placing the outlook at stable, according to a report by the agency on Friday.
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Sports
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Talents Abroad
10/21/2023 4:54:29 PM
Liverpool continued their stranglehold over local rivals Everton to go top of the Premier League on Saturday, but had fortune on their side as Mohamed Salah's double secured a 2-0 win at Anfield.
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War on Gaza
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War on Gaza
10/20/2023 9:12:05 PM
More than 4,200 people have been displaced from villages in south Lebanon by clashes on the border with Israel, and local officials said Friday that they are ill-prepared for the much larger exodus that would ensue if the limited conflict escalates to an all-out war.
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World
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Region
10/20/2023 10:04:36 AM
More than 21 Palestinians were killed and 79 others injured, in Israeli air strikes on the city of Khan Yunis in southern Gaza, local sources told Palestinian news agency WAFA on Friday.
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Egypt
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Society
10/17/2023 4:53:28 PM
North Sinai's Rafah has received around 3,000 tons of food and medical aid from various Egyptian NGOs and entities for delivery to Gaza, the governor said, amid Israel's bombardment of the enclave.
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War on Gaza
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War on Gaza
10/17/2023 12:23:00 AM
Palestinian and Egyptian sources had reported on Monday morning that a 5-hour ceasefire between Israel and Hamas in the south of the Gaza Strip would take effect at 9am local time to allow for the entry of humanitarian aid to the Gaza Strip and the evacuation of foreign citizens from the strip but Netanyahu and Hamas denied any agreement was reached.
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Egypt
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Society
10/15/2023 10:46:30 PM
McDonald's branches in Egypt, Saudi Arabia, Lebanon, Kuwait, Oman, Turkey, and Pakistan released separate but almost identical statements asserting they belonged to a "100 percent [local] company" in response to boycott calls.
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Al-Ahram Weekly
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Egypt
10/10/2023 11:32:34 PM
The government is dealing with the repercussions of a decision to postpone any further devaluation of the pound, reports Sherine Abdel-Razek
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World
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Region
10/10/2023 8:25:13 PM
Hamas initiated a sustained missile assault on the Israeli city of Ashkelon on Tuesday, following an ultimatum that required residents to evacuate the area by 5pm local time.
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Al-Ahram Weekly
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Opinion
10/10/2023 5:19:36 PM
Should the informal economy in the developing countries be left to its own devices or should it be integrated into the formal economy to reflect its role in the GDP, increase tax revenues and social security coverage, asks Mahmoud Mohieldin
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Business
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Economy
10/9/2023 8:44:14 PM
Several local banks suspended on Monday hard currency cash withdrawals and purchases made outside Egypt using debit cards, as per instructions from the Central Bank of Egypt (CBE) to reduce pressure on foreign currency reserves, an informed source told Ahram Online.
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Sports
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Africa
10/8/2023 7:03:53 PM
Victor Boniface scored again Sunday as Bayer Leverkusen returned to the top of the Bundesliga with a 3-0 win over local rival Cologne.
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Business
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Economy
10/8/2023 2:10:02 PM
The Central Bank of Egypt (CBE) is probing whether to allow trade with Turkey in local currencies, said Yahya El-Wathiq Billah, head of the Commercial Representation Authority at Egypt's Ministry of Trade and Industry.
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Al-Ahram Weekly
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World
10/5/2023 5:29:00 PM
Efforts are continuing to schedule local elections in the Gaza Strip and West Bank after years of disagreements between the Palestinian factions.
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Heritage
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Walks
10/5/2023 1:46:53 PM
Ahram Online joined the first heritage walk in the historic Upper Egyptian city of Esna, witnessing firsthand the local proverb that "the habra (traditional women's head and body scarf) is big enough for 10," which reflects the generosity of Esna’s people.
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