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Wednesday, 04 April 2012
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Market Update: Egypt stocks close Wednesday down 1.4 pct
Facebook fires back at Yahoo! with patent suit
Social networking giant accuses the internet pioneer of infringing on its patents
Sudan calls off launch of $1 billion sugar plant
'Emergency technical reasons' stall new project, in a further blow for a country trying to wean itself from increasingly costly food imports
Market Update: Egypt stocks open up on Wednesday
Tunisia government unveils 'ambitious' budget
New economic programme aims to slash unemployment and 'optimise all financial means at hand', say officials
Mansour and Maghraby family members resign from Credit Agricole Egypt
Relatives of Mubarak-era ministers have resigned from the board of directors, says bank in a statement
French companies seek to harness goodwill in Libya
Turning political links into economic gains remains tricky for French firms, say delegates at this week's Tripoli business fair
Morocco's cereals crop may fall to 3 million tonnes: Paper
Drought is likely to take a hefty toll on the North African country's agriculture, reports a pro-government daily
Economy
One sure thing: a pro-market Egyptian constitution
The make-up of the assembly writing Egypt's new constitution may be bitterly contested, but the body's economists are likely to agree on putting business interests and growth ahead of social justice
Market Report: Egypt stocks slip 1.4 pct on Djezzy, political unease
Telecom giant takes heavy losses as investors look for political direction amid stifled trade
Egypt receives LE2 billion deferred taxes in March
Government move to encourage payment of overdue dues by offering substantial discounts is bearing fruit, according to the country's tax authority
US Federal Reserve not involved in Watergate, watchdog says
Report denies the Fed was used to funnel money to illicit causes including Watergate and Iraqi weapon purchases, rebutting claims made by presidential hopeful Ron Paul last year
Market Report: Egypt benchmark slips 1 pct on IMF loan delay
High-cap stocks see mixed performances as country's planning minister says loan will not be signed until June while foreign reserves take another dip
SODIC sees no impact from ruling against ex-chairman
Hefty fine for ex-head Magdi Rasekh won't have an impact on the firm's assets or shareholders, says the property giant
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