Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
3 killed in armed forces Sinai operations
Twenty-three arrested as armed forces continue operations against militants

Students gear up for International Students’ Day
Protests continue against police presence, SAC calls on students to refurse military service
US hostage purportedly killed by ISIS
Peter Kassig’s parents appeal for media to “avoid playing into the hostage takers’ hands”

142 migrants detained at Libya border
Illegal immigration attempts continue despite turmoil in Libya

Egyptian ambassador, Abbas discuss latest developments in Palestine
Officials discuss Palestinian statehood and Al-Aqsa Mosque

Rocket attack kills Egyptian workers in Benghazi
Hundreds dead in militia violence in the eastern Libya city over past month
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 …

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 …

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 …

UAE lists Muslim Brotherhood, Ansar Beit Al-Maqdis as terrorist organisations
The new law makes specific reference to the Muslim Brotherhood, its international branches, and affiliated charities, like the Islamic Relief Organisation.

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.

Farmers demand higher price on beetroot
Sugar cane factories will begin receiving sugar cane crops by the end of next month, and sugar beet crops by the end of January 2015.
EGP 100,000 microfinance limit subject to 5% increase: EFSA chairman
Microfinance law is most important economic legislation issued since January 2011, claims Sherif Samy

EGP 8bn to develop road network: Transportation minister
Ministry plans to expand road network to limit accidents and accommodate traffic
Egypt joins Arab cyber security convention
Cooperation aims to prevent, investigate, and prosecute the use of the Internet to commit crimes
Military analysts react to attack on navy vessel off Damietta coast
The operation is escalation of militancy against army, says expert
Grand Mufti advisor condemns Al-Baghdadi’s threats to Egypt
“Terrorists are deceiving their followers by the illusion of the Caliphate”, says Ibrahim Negm

State of the currency exchange market
On the black market, the lowest selling price for the US dollar was EGP 7.15 while the highest prices ranged between EGP 7.57 to EGP 7.59.

More Mubarak-era politicians to run for parliamentary elections
Kamal El-Ganzouri served as country’s prime minister from 1996 to 1999

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 …

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 …

Bicycles: The future of transport in Egypt?
Dutch embassy organises cycling day in Egypt’s streets

Ansar Beit Al-Maqdis claim deadly Sinai attack
Egyptian militant group rebrand as ‘State of Sinai’ and could now be taking orders from ISIS, says analyst

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 …

Volleyball federation sanctions Iran in new assertiveness on women’s sporting rights
By James M. Dorsey The International Volleyball Federation (FIVB) has warned Iran that it would be stripped of its right to host the 2015 Under-19 men’s world volleyball championship if it bans women from attending matches. The warning signals a new assertiveness driven by the International Olympic Committee (IOC) to make adherence to human, gender, …
Little Egypt: Journey through history in 2 hours
The touristic and educational 190 feddans village is ill-organised

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 …

5.5bn cubic metres of wastewater per year can cultivate 1.5m acres in forests: Presidential agriculture advisor
Sea water desalination is the only solution to Egypt’s water shortage
Egyptian and US army officials discuss military relations
10 apache helicopters to be delivered to Egypt this month
Egyptian navy boat attacked north of Damietta port
3 hostile vessels were destroyed, 20 people arrested