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Egypt's stock market has continued to rise since Fitch upgraded the country's economic outlook Friday from negative to stable (Courtesy of Al Jazeera)

January 6th, 2014 - 09:08 GMT

Nothing to "Fitch" about: Egypt stocks continue to rise after economic outlook upgrade

Egypt stocks are continuing to rise since Fitch ratings upgraded the country's economic outlook.

Last week, Global Telecom Holding announced that its Algerian subsidiary Orascom Telecom Algerie has been awarded one of three provisional 3G licenses offered in Algeria at a cost of $40 million.

October 21st, 2013 - 09:33 GMT

Optimism drives Egypt's stocks to two-year high