Latest in Tag: Daily News Egypt Highlight

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Latest in Tag: Daily News Egypt


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Second-hand market offers Cairenes weekly bargains

  Cars and busses dust the people as they rummage through the piled up products. Framed by broken wooden bars, sales partitions are buried in a narrow alley of one of Cairo’s cemeteries. In Souq Al-Gomaa (The Friday Market), a variety of second-hand products are sold, ranging from toys, books, cassette tapes and antiques to …

Marwa Morgan

Header Rob Tashima e1437783859832

Encouraging signs for Egypt’s economy

By Oxford Business Group After years of uncertainty and turbulence, Egypt’s economy is beginning to show some signs of recovery, with a marked rise in business confidence helping to strengthen indicators in both capital markets and the broader economy. Emerging signs of growth are welcome not only for investors, but also for the government, following …

Daily News Egypt

5 1 James Dorsey

Moroccan refusal to host African Cup rooted in fear and prejudice

By James M. Dorsey Morocco’s refusal to host next month’s 2014 African Cup of Nations football tournament out of fear that it could import the Ebola virus from West Africa spotlights complex relations between the continent’s Arab and sub-Saharan nations as well as the non-transparent inner workings of the Confederation of African Football (CAF), a …

Daily News Egypt

Bank20xx

The Bank of 20XX

It started with the ATMs because they broke many banks’ assumption that their customers transacted all their bank business in their own branch.

Daily News Egypt

رئيسي

Banks highlight improved services, quarterly results

CIB Q3 net profit rises 5.6% Egypt’s leading bank, Commercial International Bank (CIB), reported a 5.6% rise in the third quarter (Q3) net profit. The bank added that the net profit stood at approximately EGP 972m, up from EGP 920.4m in the same quarter last year. Q3 consolidated revenues were EGP 2.04bn, up 17% from …

Daily News Egypt

Amr Khalifa

Terror at sea: Doomyat

By Amr Khalifa The Mediterranean turned red last Wednesday. What we know is far less than we should: eight Egyptian sailors are missing, five are injured, reported the Egyptian army, in a battle with ‘terrorists’ off the coast of Mediterranean city Domyat [Damietta], best known for its furniture. With each passing day, professional analysts and …

Daily News Egypt

6 2 Farid Zahran1

Has a transfer of power within the 1952 family led to drastic changes?

Power transition within the 1952 family occurs if the regime’s crisis reaches an impasse and “change” must take place to overthrow the president and the group or oligarchy surrounding him. This leads to new regime officials appointed and some policy alterations. Perhaps we recall that, at the peak of a crisis leading to a power …

Farid Zahran

Okasha e1445943576515

Has ISIS reached Sinai?

By Khaled Okasha Ansar Beit Al-Maqdis (ABM) officially announced their allegiance to ISIS and their recognition of Abu Bakr Al-Baghdadi as the Amir of all Muslims this week, with both groups exchanging support via web pages affiliated with jihadist organisations. Forming an even more serious a concern, ISIS sent ABM a new target map to implement …

Shaimaa Raafat