Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt

Cruise prices to double due to diesel price hike: Tourism ministry official
Ministry official says the increase follows a diesel fuel price rise from EGP 1.10 to EGP 1.8 per litre

Gas prices increase to $8 per million BTUs for cement industry
An official source from a cement company who requested anonymity anticipated cement prices to increase in the coming days due to higher production costs.

Sudden energy subsidies cut will create lower-middle class outcry: Economist
Government increased petroleum product prices Saturday after cutting subsidies

Surge in fuel prices threatens food commodities
Fuel prices to reflect on food commodities, says head of Citizens Against Price Rises Association
Hamas looks to Egypt to ease crisis
Call for Egypt to apply pressure on Israel to end “aggression”
Al -Tayar Al -Sha’aby seeks to convert the coalition into political party
Spokeswomen says coalition is awaiting the right time to change coalition in a political party

Ramadan beneath the surface: El Shabka and the five brothers
We, a meat-loving Egyptian and a flexible vegetarian foreigner with a shared love of food, go on a culinary quest through the streets of Cairo to experience Ramadan beneath the surface.

10 sentenced to death for blocking Qaliub road
Life sentences handed to Muslim Brotherhood Supreme Guide and 36 others
Libya, Egypt FMs to discuss security issues
Egypt FM to host Libyan counterpart following discussions on Libya’s security situation
3 killed by blast in alleged IED manufacturing site
Security forces find approximately 20 other explosive devices

Prosecutor carries out ‘surprise’ prison inspections
Overcrowding, lack of ventilation and water identified in inspection of prisons
One CSF conscript killed in Helwan clashes
A police officer was killed, while three were injured amid clashes on Thursday evening in Helwan, where protests in support of ousted president Mohamed Morsi were being held. According to a statement by the Ministry of Interior, the conscript died from gunshot wounds while two officers and another conscript received facial burns and sustained injuries as a …

Army destroys tunnels, arrests ‘intruders’ and captures marijuana
“Very dangerous” alleged militant arrested
ECCR releases statement condemning Ministry of Education
Statement holds Ministry of Education accountable, demands Egyptian state work towards protection of children’s lives

Salafi Da’wa in Matruh stresses distance from political involvement
Salafi group’s political wing, the Al-Nour Party, still set to run in upcoming parliamentary elections
Comesa Trade & Marketing considers establishing waste recycling factory with €40m in investments: Company chairman
Daily News Egypt is republishing this article because Comesa Trade & Marketing was incorrectly referred to as the Common Market for Eastern and Southern Africa (COMESA) in the original publication
Economists question government’s ability to meet GDP target for FY 2014/2015
Ministry of Finance had raised GDP target by EGP 400bn to EGP 2.4tn to keep deficit ratio at 10%

100m cubic feet of gas to be added to gas production by the end of July
Production rates will not exceed 4.9bn cubic feet of gas until the end of this year, reflecting the continuing decline in the productivity of wells and small projects connected to the production line

Finance ministry mulls formation of ETA-Orascom committee: Former Head ETA
Company was acquitted by the prosecutor general on the tax evasion case, invalidating the prison sentence on Nassef Sawiris

High-profile Jihadist trial postponed
The defendant, Mohamed al-Zawahiri, a high-ranking leader of militant group Al-Salafeya Al-Jihadeya is charged with “endangering national security”
17 students arrested at Ministry of Education protest
High school students were arrested while demanding educational reform

We aim to raise eFinance revenues by 15% during 2014: e-finance Chairman
Ibrahim Sarhan, Chairman of e-Finance, says revenues will increase by 15% this year through expansion of existing projects and addition of new products
ITIDA signs EGP 35m agreements with governmental institutions
The board of directors at the Information Technology Industry Development Agency (ITIDA) signed on 29 June EGP 35m three-year cooperation agreements with several government institutions. The authorities involved include the Ministry of Communications and Information Technology (MCIT) and Eitesal association, affiliated to the Federation of Egyptian Industries (FEI). Also involved in the agreement is the …

Anti-Coup leaders arrested in ‘barbaric raids’: Brotherhood
Muslim Brotherhood claims arrests designed to create “outright conflict and violent confrontation”
Nassef Sawiris imprisonment verdict suspended
Company says lawsuit was filed by the ETA prior to the prosecutor general’s decision to acquit the company

Once-leading Red Sea oceanography institute now lifeless
Tourism restrictions, legal dispute keep visitors from discovering mermaid mysteries and underwater secrets
Attempt to smuggle pages of ‘Description de l’Égypte’ thwarted: Interior ministry
Ministry of Interior coordinated with Customs Authority to prevent smuggling some series of the book to an Arab country

What are the social and cultural dimensions behind the phenomenon of harassment? (3)
We stress for the third time, the four attributes of slums that were described in the previous two articles: the first, that most slum residents are marginalised; second, that these residents are poor; third, that these neighbourhoods lack utilities, services, and urban and humanitarian planning in advance; and fourth and last is that these neighbourhoods …

Al-Sisi imposes new taxes on Egyptians at home and abroad
President also issues tax on capital gains on stock market

Government unlikely to succeed in price control efforts: Former IMF official
Government cutting energy subsidies, preparing diesel and gasoline price increases, likely to exacerbate suffering of 26% of Egyptians under poverty line