Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
Car sales decline in May
Overall car sales in first five months of 2015 increase compared to last year
EGP 12.246bn increase in banks’ deposits, EGP 16.8bn in loans last April: CBE
The CBE added that the household sector acquired EGP 75.9bn out of the total deposits of banks’ customers in April, where its deposits registered EGP 1076.371bn during that month compared to EGP 1062.607bn during March.
Dollar to officially jump to EGP 8.01: Dcode EFC
Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate against Egyptian pound, will push CBE to depreciate local currency
Tetra Pak still pursuing recycling project, looks at other partners
Recycling project initially announced in 2013, but no progress yet made; company aims to start by end of next year
EATC organises annual meeting, suppliers currently stand by board of directors
The meeting discussed the current ongoing dispute in the Egyptian automotive market, especially the increasing demand by consumers on the company’s models and the lower import volume from the agent.
Qalaa Holdings signs initial agreement to exit Misr Glass Manufacturing Company: Official statement
Qalaa indirectly owns 15.18% of Misr Glass Manufacturing Company
New budget of EGP 5bn allocated to Cairo Capital project: Housing Minister
NUCA adopted new budget for current fiscal year (FY) 2015/2016, with a value of EGP 33.2bn, says Madbouly
‘Human rights a hindrance for stability’: AOHR-UK tackles Egyptian policies
The UK-based watchdog criticises practices by security forces and judiciary but faces criticism itself
Egypt’s purchase of hacking software documented in new leaks
‘Youth activists, political parties, human rights organisations – you and anyone they want’ can be targeted by surveillance software says security researcher
Emaar Egypt shares decline to EGP 3.71 per share
The shares declined amid active trading exceeding 77m shares, at a total value of more than EGP 303.9m
New anti-terrorism law seen as setback to press freedom, to the benefit of ‘terrorists’
Public will adopt views of terrorism-supporting media amid absence of official information, says Al-Shorouk newspaper chief editor
Dollar price against Egyptian pound stabilises, market anticipates CBE’s next step
CBE moved to raise the dollar to limit imports, says CBE Governor Hisham Ramez
Bureaucratic, legal obstacles curb freedom of scientific research: AFTE
Legally, agency must give permission for researchers to conduct field research, says CAPMAS director
241 militants killed since July: Military spokesman
Many Sheikh Zuweid residents are relocating following Wednesday clashes
Shoukry meets American-Jewish Committee delegation
Meeting dealt with range of topics, notably Palestinian cause and the issue of terrorism
Enactus BUE rebuilds national craft
“Many people were attracted to the project, and even asked to be trained in the district after it evolved to work on a very high scale,” says team leader
When nothing in the addict’s life is ‘Under Control’
Unlike previous TV series that sought to blame drug addicts for destroying their own lives or the lives of their families and friends
Pitfalls of Turkish-Chinese relations in a microcosm
By James M. Dorsey Turkish football player Alpaslan Ozturk’s decision to risk fame and wealth by expressing support for the embattled Turkic Uighur minority in Xinjiang reflects pressures in China’s ties to Turkey, its most complex relationship in the Muslim world, and a key node on the Silk Road that Beijing hopes to revive with massive …
Assault on journalism, Al-Sisi style
By Amr Khalifa The Al-Sisi regime, from its unofficial start in 2013, has been about wars: a war on terrorism, a war on the Muslim Brotherhood, and today a new war was declared: on journalism. It is not surprising for those holding pens near and far from Cairo that freedom of speech is under assault …
A global tide of terror – from Sousse to Sinai
By Özer Khalid 1 July, 2015, will go down as one of the darkest most deeply disturbing days in Egyptian history. Wilayat Sinai (State of Sinai), an incestuous Sinai-based “Islamic State” (IS) affiliate, mercilessly massacred at least 17 brave members of the Egyptian armed forces. IS`s Wilayat Sinai orchestrated attacks on 21 security facilities and checkpoints stretching …
EGP 15.7bn for urgent national project implementing village sewage system: Madbouly
Legislative amendments to severely punish factories that dump untreated wastes in drains and canals, says cabinet spokesperson
Delivery begins for Shorouk Springs project with investment at EGP 1.7bn
Shorouk Springs includes residential units, townhouses and independent villas in a variety of sizes, says Khairy
NUCA implements Housing Ministry’s FY 2014/2015 plan
Authority continues to connect facilities to around 50,000 acres of land parcels allocated in previous FY
PHD, MNHD to co-develop East Cairo residential community
Project’s revenue will range between EGP 4.6bn and EGP 5.5bn
5,000 land parcels offered in 10 new cities
The lands range between 209 and 276 metres, and booking starts from 26 July to 27 August
Trading on Emaar stocks begins Sunday, EGX-30 registers 1.16% decline
Emaar’s shares coverage is record breaking, EGX head highlighted
NBE studies increasing NBE Sudan activity
Infrastructure is ready for any expansions, says official
Total insurance instalments paid stands at EGP 5.7bn by April 2015
Total value of compensations paid in properties insurance has reached EGP 1.3bn, compared to EGP 1.06bn during the same period in 2014
Nasserist politicians concerned over security turbulence in Egypt
‘Arab Popular Initiative’ expressed concerns, but increased support for Al-Sisi
Bomb explodes outside telecom company
Shop fronts in Fayoum were damaged by the explosion