Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
Fuel subsidy bill for 2014/2015 to exceed budget: Former EGPC VP
The government announced approval for the new budget on Monday after reducing the deficit to approximately EGP 240bn, in large part due to new measures rationing petroleum subsidies.
Tax revenues to increase 1.6% in 2014/2015 fiscal year: Finance minister
Ministry of Finance expects tax revenue increases of EGP 6bn or 1.6% due to amendments to real estate and income tax laws, as well as new taxes on stock dividends and distributions
Exporters object to cut in export subsidies to EGP 2.6bn in new budget
The Ministry of Industry made an early announcement for a new programme to support exports starting in early July.
Success of government’s goals regarding budget and debt is conditional: Experts
Success depends on real growth in investments, a clear vision regarding taxation and cutting government spending
Criticism of security forces in wake of palace bombings
Condemnation of “terrorist attack” that killed two policemen coupled with calls for tighter security
Gulf countries grant Ramadan pardons to 152 Egyptian prisoners
Ministry of Foreign Affairs has coordinated efforts with its missions abroad for the amnesty
Christian kidnapped in Sinai
The incident is the third to take place in June
HRW Press Statement: ISIS Holds 130 Kurdish Children
Children kept hostage for one month
Minya death sentences ‘a staggering violation of international human rights’: UN
Largest confirmed death sentence in Egypt’s history continues to draw international condemnation
Young political cartoonists use symbols to fight ‘red lines’
Since the ouster of former president Mohamed Morsi, cartoonist say it has become more taboo to draw the country’s leaders in an unflattering light
Tough topics, drawn out
Internet cartoonist Islam Gawish tackles critical public issues with satire and good humour
The special court for Sierra Leone rests – for good
The court, ruling in April 2012, found Mr Taylor guilty of five counts of crimes against humanity, five counts of war crimes and one count of other serious violations of international humanitarian law perpetrated by Sierra Leone’s Revolutionary United Front (RUF) rebels, who he supported.
State to relocate vendors from downtown Cairo
Cairo governorate aiming to relocate street vendors within next four months
Presidential palace blasts leave 2 policemen dead, others injured
Explosives experts killed during bomb disposal, following warning from militant group
EGAS halts pumping of gas to several fertiliser companies, methanol factory
MOPCO, AlexFert, and EBIC were among the affected firms, while Methanex’s Damietta plant has not received gas in over two weeks
Continued energy deficit amounts to 15m cubic metres daily: EGAS official
70% of Egypt’s gas production pumped to power stations through Ramadan, senior official says
Budget deficit pushed to 10% of GDP and debt to 90% of GDP: Finance minister
Total expenditure set at EGP 789bn, revenues expected to reach EGP 549bn, EGP 207bn for wages while petroleum subsidies decrease by EGP 44bn
Bourse rises 1.13% following budget approval
President Al-Sisi approved the State’s budget setting budget deficit at 10% of GDP
Tourism authority achieves highest revenues to date, backs Red Sea projects
The Tourism Development Authority’s board of directors, chaired by Minister of Tourism Hisham Zaazou, agreed to a new deadline for development projects for implementation to be completed after late fees payment.
‘Titanium card’ to be launched next month: AAIB retail banking head
25000 clients using credit card in the bank, Verified by Visa (VBV) is safest way to shop online by AAIB, Himanshu Shrimali said
No intention to re-adjust price offered for EFG-Hermes stock: Beltone-Sawiris alliance
The alliance says deal will bring $230m in foreign investments.
African Development Bank examines $700m in financing for irrigation projects
By Abdel Razek Al-Shuwekhi The African Development Bank (ADB) is currently considering financing projects at the Ministry of Water and Irrigation worth $700m, according to a bank official. On 25 June, an official at the Ministry of International Cooperation said the ADB would finance the study at a value of €1.9m (just over $2.5m). The …
Feuding families reach government brokered truce in Aswan
Two feuding families in Aswan reached a government brokered truce on Saturday that would put an end to tensions that last week escalated with the deaths of two members of the Daboudia tribe. State-run Al-Ahram reported the truce, which came two days after a resurgence of violence, was mediated by a local governor and security …
Decrease in hotel occupancy during the first 3 days of Ramadan: Tourism official
Hotel occupancy decreased around Egypt for the first three days of Ramadan, as families and individuals stay home
5 harassment trials postponed until 1, 2, and 6 July
Delays attributed to waiting for forensic report, witness accounts, and behaviour specialist
Convicted journalist appealing prison sentence: Lawyer
Journalist is charged with inciting sectarian strife and reporting false news
Rafah Border crossing reopened for 2 days for Palestinian Pilgrims
Leading figure in Hamas says many more need to cross, with situation in Gaza worse now than under Mubarak
Al-Jazeera sentences an ‘appalling attack on press freedom’: IFEX
Rights network calls for immediate release of journalists
One Year of Crackdowns
Since the 3 July military-backed ouster of former president Mohamed Morsi, the judiciary has been busy with a seemingly unending flow of high-profile trials, and arrests have come in droves
Bites Fel Beit: Balsamic chicken bake with coloured bell peppers
We love food. We love the real, down to earth, tried-and-tested, handed-down-through-the-generations, local Egyptian food. Here is your chance to learn how to make these local delicacies in your own home. And just so you know what to ask for, we have added how to say the ingredients in Arabic. No more excuses, off to the souq!