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

Iraq’s unending woes
By Dr Cesar Chelala Iraq’s dismal health situation is testimony to the invasion of the country by foreign forces, including now the takeover of important parts of its territory by “Islamic State” (IS). The Iraqi people have been the subject of mass executions, rape, torture and, in addition, the destruction of the country’s infrastructure. The …

Joining forces to meet the challenge of climate change
By James Moran, EU Ambassador in Egypt Climate action day was on 17 June. Voltaire said “Men argue. Nature acts.” When it comes to climate change, now more than ever we need to take a leaf out of nature’s book and act together. The international community is working for a new global climate deal in …

Oil production at 130,000 barrels on average daily: Shell Egypt
An increase of 20% in production through Assil and Karam project, 50 oil wells to be drilled this year to keep up with the production rates

ERC, KarmSolar sign contact to construct $2.5m solar station
KarmSolar company will rent ERC’s 50,000 sqm land while ERC receives 2% of the project’s profits
Ministry of Housing may provide lands in exchange for housing units: Badr El-Din
The Union of Real Estate Developers Law, and a fund for protecting consumers from commercial risks will be discussed, says the Real Estate Investment Division head

Abdel Nour discusses medical tourism investments with Russian company
The volume of medical tourism in Egypt is very low, representing only 1% of tourism income

Egyptian exports in Africa weak compared to Europe, USA
The agreement was signed with initials, it is practically non-existent, but for now COMESA exists, says El-Gabaly

Government develops popular neighbourhoods to maximise income: Mehleb
First phase of plan includes Darb Al-Ahmar, Gamaleya and Sayeda Zeinab, says cabinet spokesperson
Court orders EGP 30,000 bail for printing house owner
Detained 63-year-old Hassan Mubarak’s health deteriorated in police custody

Al-Dostour Party prepares party elections with 4 candidates
Prominent members Shukrallah and Ismail absent candidates list

One year behind bars due to controversial protest law
International Commission of Jurists (ICJ) called on Sunday for immediate and unconditional release of Yara Sallam and 22 others convicted on protest charges
Egyptian Federation of Workers concerned over Workers University closure
University closed indefinitely for long-term development plans
Police disperse Ultras Nahdawy protest
Group organised sudden protest in Abdel Moneim Riad Square Saturday night

Al Jazeera calls for release of Egyptian journalist in Germany
As confusion surrounds legal basis of detention, journalist Mansour holds there is no Interpol warrant against him

Al-Sisi, Shoukry tackle Palestinian issue
President Al-Sisi and Foreign Minister Shoukry met with French, Arab Foreign Ministers

The girl who paints her diaries instead of writing them
In an exclusive interview with Daily News Egypt, Koraeim talked to us more about her passion for drawing and explained her remarkable understanding of the essence of arts and the main problems they encounter in Egypt.

ILO condemnation of Qatar likely to have ripple effects
By James M. Dorsey The International Labour Organization (ILO) has dealt a blow to Qatari assertions that the Gulf state complies with global standards for workers, in a report that condemned the government for allowing state-owned Qatar Airways, in the words of the International Transport Workers’ Federation (ITF), to “violate international and national agreements and …

Notes from America: My dad was an average man
By Ahmed Tharwat In checking out the history of “Father’s Day”, the date 5 July 1908 is often mentioned when a West Virginia church sponsored the nation’s first event explicitly honouring several hundred fathers who had died in a coal mine explosion six months previously. But it was a one-time commemoration and not an annual holiday. It …

Layers of conflict: Syria between history and geology
By Emad El-Din Aysha, PhD Things just keep getting worse in Syria. The Sunni Jabhat Al-Nusra recently killed 23 Druze clan members in Idlib in an apparently unsanctioned raid. This, as James M. Dorsey warns, could drag in the Israelis as self-styled protectors of the Druze. Not to mention that the attack could prompt the …

CIB sponsors International Museum Day’s celebration in Egypt
The celebration was held in the National Museum of Egyptian Civilization, and organised by the National Egyptian Committee of the International Council of Museums (ICOM Egypt) in cooperation with Ministry of Antiquities.

Egyptian Arab Land Bank considers establishing real estate investment fund
Bank plans to establish company with an initial capital of EGP 5m

Industrial Development and Workers Bank aims loans portfolio increase of EGP 1bn: Chairman
We target pumping EGP 650m in large companies sector, about EGP 350m in retail, and small and medium-sized projects sectors, says El-Kosayer

Government aims for 15.8% tax revenues growth in FY 2015-2016
Expected tax revenues for FY 2015-2016 are EGP 422bn, through application of VAT and fighting tax evasion

Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla
Expected decline in fuel consumption is 5% during new fiscal year, says EGPC executive chairman

Budget outlines: Short notice, ambitious goals
Budget draft revealed 12 days before beginning of new fiscal year

Motivational industrial strategy to advance public business sector: Investment Minister
EGP 5.6bn exports targeted by the Metallurgical Industries Company in FY 2015/2016, says CEO

Ministry of Housing to allocate 5,000 land parcels in 10 new cities.
Draw entry fees are EGP 25,000 as down payment in cash or with accredited banking cheques in any Housing and Development Bank branch

Shipment of liquefied natural gas arrives in Ain Sokhna
We repay the value of liquefied natural gas periodically: Abdel Badie

Youth launch campaign to boycott telecommunication companies on Thursday
The movement specified the boycott time from 5pm to 10pm, and so far more than 25,000 users intend to participate.

Saudi Foreign Ministry allegedly supported Muslim Brotherhood figures
The ministry warned its citizens against visiting Wikileaks website for leaked documents