Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
Dues to foreign companies increase by $300m
Dues to foreign companies operating in the oil sector have increased by $300m, while the government’s inability to pay such an amount – even as it repays small portions of its debt – has lead to an accumulation of the total debt to an estimated $6bn. The value of the foreign partner’s share, crude gas …

Petroleum agreements stipulate interest on the government’s dues to its partners
All petroleum agreements stipulate an interest on dues owed by the government to its partners in the case of late payment, and the interest rates vary with each agreement, the official added.

Government reduces gas to plants to solve power crisis
590m cubic feet of gas reduction for fertiliser and cement
Former presidential spokesman referred to criminal court
Ali stands accused of harbouring a fugitive and joining a terrorist organisation
Court hands 5 preliminary death sentences
The defendants are charged with murdering a police officer

Egypt calls for ‘indefinite’ ceasefire in Gaza
President Al-Sisi hosted Abbas to discuss the situation in Gaza and Egypt’s efforts to reach a ceasefire

Priority is to see Egypt succeed: UK Ambassador
New British Ambassador says Cairo posting is his “dream job”

Electricity ministry aims to attract private sector investment for Inga dam
A connection will be made between the Congolese and Egyptian dam, says undersecretary of electricity ministry

Central Security Forces go on strike in Ismailia
The paramilitary forces have been criticised for being “unconstitutional and unprofessional”

Suez Canal investment certificates announced Monday: Finance ministry official
The official expected the certificates to collect between EGP 30bn and EGP 40bn

Abbas calls for indirect talks to resume in Cairo
President Al-Sisi hosted Abbas to discuss the situation in Gaza and Egypt’s efforts to reach a ceasefire

El-Serify put under “probationary measures” over hunger strike
Hunger striking Karima El-Serify to be put under “probationary methods”, which family and friends say is a way to pressure her to end hunger strike
NGO law will comply with constitution and international standards: Ministry of Social Solidarity
Ministry says NGO law will be issued by the next parliament
Israel assassinates senior Hamas officials
Israel kills three Hamas officials, Mohamed Abu Shamala, Raed Al-Attar, and Mohamed Barhum.

AUC students aim to turn ‘Trash into Cash’ in Cairo slum
Project draws inspiration from a similar recycling model applied in the Zabaalin community, which has managed to create a “self sustaining recycling system” that recycles approximately 80% of collected trash

What are the forces that underpin Al-Sisi’s management of the country?
It is now clear, to all those concerned, that President Abdel Fattah Al-Sisi does not depend on political parties or forces in his administration of the country’s affairs. He has been clear and careful in emphasising this since he was elected into the presidency. Although he was trying to win support from various factions during …

Former Mubarak industry minister sentenced to 15 years
Rashid Mohamed Rashid and his daughter, who were referred to criminal court in March, were facing charges of smuggling EGP 500m to Cyprus

Ministries of Housing, Industry to settle with 1,250 New Cairo factories to resume work
Concession agreements will be adopted and operation licences issued immediately to allow project managers to carry on working
Businessmen want Wealth Tax to be paid in kind; government wants cash payment
Investors fear the government will direct proceeds of Wealth Tax to balance the budget deficit without focusing on development projects

Studies on Suez Canal Project to start within days: Dar Al-Handasah operations director
There is an “aggressive” plan to finish the studies as soon as possible, Yehia Zaki says.
Police arrest 6 Morsi supporters at Alexandria demonstration
Dispersals of demonstrations continue as forces continue to crack-down on dissenting voices

Human rights groups demand access to Gaza from Israel, Egypt
Israel and Egypt have denied human rights organisations Amnesty International and Human Rights Watch entry into Gaza to investigate violations

Gaza fighting resumes as truce collapses
Israel recalls its negotiators from Cairo and resumes airstrikes on Gaza Strip, Al-Qassam Brigades say Israel has opened “the gates of hell” onto itself

Supply service call centre to be inaugurated Thursday: MCIT
Hotline to be established to receive complains from citizens and keep them informed of their ration supplies, said MCIT
30 arrested in North Sinai operation
Tunnels in Sinai destroyed by armed forces bringing total to 1696
Interior ministry to investigate Ansar Beit Al-Maqdis video
The video is part of psychological warfare executed by terrorist groups, says i

Alaa Abdel Fattah launches hunger strike
Prominent activist vows he will “no longer play the role they’ve written for me”

Beyond conflict, prejudice, and stereotype
Muslims and Jews meet at Muslim Jewish Conference in Vienna to discuss “Combating for Peace”

Bringing international literature to the blind
The nonprofit online magazine Albawtaka Review is translating and recording English audio books into Arabic for Egypt’s blind

Tourism insights from around the world
By Omar Khedr Changing perceptions and successfully rebounding an entire industry is generally a herculean challenge. Representing approximately 6.5% of Egypt’s total Gross Domestic Product (GDP) as well as being an important source of foreign exchange, Egypt’s travel and tourism industry forms a vital bedrock of her economy. The industry benefits from several competitive advantages. …