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Egypt

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  • SEOUL, July 15- U.S. crude futures edged up to over $101 a barrel on Tuesday as intensifying conflicts in Libya and Iraq rekindled concerns of supply disruption from the two OPEC members and projections that last week's U.S. crude inventory fell.

  • Graeme Bannerman, Scholar at the Middle East Institute, says a ceasefire proposal from Egypt indicates an "international concern that the situation in Gaza is getting out of control."

  • Is Egypt safe to invest in?     Monday, 14 Jul 2014 | 4:45 AM ET

    Egypt looks quite stable when compared with the other tensions in the region. However, some new policies may have been implemented too soon, CNBC's Hadley Gamble reports.

  • Egypt economy is unsustainable: Orascom CEO     Monday, 14 Jul 2014 | 4:42 AM ET

    The new Egyptian government is "very powerful and brave" says Naguib Sawiris, chairman of Orascom Telecom and Media, after it took unpopular decisions to deal with the weak economy

  • Naguib Sawiris, chairman of Orascom Telecom and Media, says that he's "very optimistic" about investing in Egypt.

  • Middle East is 'big mess': Orascom chairman     Monday, 14 Jul 2014 | 1:20 AM ET

    The Middle East is in a "big mess" at the moment says Naguib Sawiris, chairman of Orascom Telecom and Media, criticizing U.S. strategy in the region.

  • SALLOUM, Egypt July 13- A few days before he was elected Egypt's president in May, Abdel Fattah al-Sisi discreetly visited tribesmen living along the border with Libya.

  • The 15- member body will meet at 10 a.m. on Thursday to discuss the violence that is building up to the most serious hostilities between Israel and Hamas militants in Gaza since an eight-day war in 2012..

  • *Gaza rockets hit deeper inside Israel. GAZA/ JERUSALEM, July 9- Israeli air strikes shook Gaza every few minutes on Wednesday, and militants kept up rocket fire at Israel's heartland in intensifying warfare that Palestinian officials said has killed at least 37 people in the Hamas- dominated enclave.

  • Mohamed Shoeib, managing director of the energy division at Citadel Capital, says subsidies provided to Egypt by countries such a Saudi Arabia are not the long-term solution to the country's energy problems.

  • *Dubai stocks rebound, Cairo hit with new tax. LONDON, July 2- Global shares advanced toward fresh highs on Wednesday after European markets tracked gains in Asia, with investors looking to see if U.S. employment figures continue a run of upbeat data that has driven Wall Street to record highs.

  • *Dubai stocks rebound, Cairo hit with new tax. LONDON, July 2- European shares rose on Wednesday after Asian shares hit a three-year peak, with investors looking to see if U.S. employment figures continue a run of upbeat data that has driven Wall Street to record highs.

  • DOHA, July 2- Al Jazeera, the Qatari-funded television station whose reporting of the 2011 Arab Spring uprisings won it millions of viewers in the Middle East, is defiant following a backlash by Arab governments that accuse it of supporting Islamists.

  • *Oil minister sees production from BP project in 2017. AL-ASEEL OIL FIELD, Egypt, June 26- Egypt's oil minister said on Thursday that BP's $10 billion gas project, stalled for three years, had restarted and that production would begin in 2017, a sign of progress in efforts to ease the worst energy crunch in decades.

  • Three wounded in further blast in Cairo metro - source Wednesday, 25 Jun 2014 | 5:04 AM ET

    CAIRO, June 25- A minor explosion wounded three people inside the Ezbet el Nakhla metro station in northern Cairo on Wednesday, Major General Alaa Abdel Zaher, the head of Cairo's bomb disposal unit, told Reuters.

  • CAIRO/ DUBAI, June 22- Saudi Arabia's Almarai, the Gulf's biggest dairy company, and U.S. soft drinks giant PepsiCo will invest at least $345 million in Egypt over the next five years, the Saudi firm said on Sunday.

  • Egypt economy breakthrough to happen in 2016     Wednesday, 11 Jun 2014 | 7:00 PM ET

    Egypt's economy is suffering from record unemployment and one of the highest budget deficits in the region. Hisham Ezz Al-Arab, chairman of Commercial International Bank (CIB), lays out the country's challenges.

  • Egypt needs 'to go back to work': CIB chairman     Wednesday, 11 Jun 2014 | 7:00 PM ET

    Hisham Ezz Al-Arab, CIB chairman responds to the recent hype around Islamic finance, and looks back at the first few weeks of Egypt's uprising in 2011.

  • Consumer lending next growth driver for CIB     Wednesday, 11 Jun 2014 | 7:00 PM ET

    Today CIB is Egypt's largest private sector bank with over 5,400 employees. In an exclusive interview with CNBC, the bank's chairman, Hisham Ezz Al-Arab, explains how he is keeping the bank profitable.

  • *UAE is major backer of Egypt since army ousted Mursi. CAIRO, June 7- Egypt and the United Arab Emirates said on Saturday they had contracted a state-run company headed by a retired Egyptian army officer to build wheat silos that are a key part of the UAE's $4.9 billion aid package to Cairo.