Latest in Tag: Daily News Egypt Highlight

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Latest in Tag: Daily News Egypt


Minister of Information Abdel Maqsood said he wanted more Muslim Brotherhood candidates to hire for the ministry (Photo by Hassan Ibrahim)

The state of the press through Egypt’s power shifts

The level of freedom of the media in Egypt was brought to headlines locally and internationally in December, when an annual roundup of violations against journalists across the world showed that Egypt is the second country in the world for the number of journalists arrested, and fourth “biggest prison” for journalists in 2014, according to …

Daily News Egypt

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In search of a new meaning for ‘homeland’

By Emad El-Sayed For a while the idea of emigrating from Egypt was persistent, and quite recently I reconciled with the idea of starting again, in a new place in any field of work. You may not be surprised to know that many of those who participated in the 25 January Revolution (nowadays a confession …

Daily News Egypt

Ahmed Photo

Oil diminishes interest rates

By Ahmed El-Wahsh Central Bank of Egypt (CBE) director, Hisham Ramez took the decision of unexpectedly cutting nationwide interest rates by 50 basis points on the inflation expectation. This decision was implemented due to the current volatility of the crude oil prices per barrel that had been fluctuating, since the organisation of the petroleum exporting …

Daily News Egypt

Investment bank sees higher GDP growth after ‘positive change’

Egyptian asset management, corporate finance and investment banking firm, Cairo Financial Holding (CHF), has raised its growth forecasts for Egypt’s GDP. The firm said that in the current fiscal year, GDP will be 3.7%, up from its 2.8% predictions in June 2014, as it noted increased foreign direct investment (FDI) and government measures towards bolstering …

Daily News Egypt