Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
Rafah border to be opened for 3 days
The border was last opened two weeks ago
6 April movement to hold strike despite sweeping arrests
Many arrests have been made in what activists say is in response to Wednesday’s strike
Daily News Egypt in solidarity with journalists’ protest on 10 June
“We will work together to achieve our demands,” say journalists
From pharmacist to writer: The diaries of a girl who wanted to get married
In a special interview with Daily News Egypt, Abdel Aal revealed some secrets about her literary and artistic works, the fierce attacks she encountered because of her last series and her upcoming projects.
Suicide attack near Al-Karnak temple in Luxor
Bomb leaves tens of injuries, conflicting reports if those include tourists
We plan to increase business to EGP 750m by year-end: ECG chairman
Company working on designing smart village in Jordan on 1m sqm, and another in Uganda on 50 acres
Iran’s writing on the wall: Ethnic minorities and others assert themselves
By James M. Dorsey Recent months have witnessed a series of unrelated, nationwide protests in Iran by teachers demanding salary hikes as well as ethnic groups decrying government abuse and calling for greater rights. With the exception of the teachers, most of the protests erupted spontaneously sparked by incidents as well as pent-up anger and …
$20bn expected trade balance after activating tripartite agreement: COMESA Sec-Gen
Total funding for annual infrastructure projects at $52bn, only $22bn provided causing Africa to lose infrastructure fund, says Ngwenya
Colors plans to launch crowd-funding campaign through Tennra
By Nesreen Ramsis Colors Company hopes to collect $25,000 through the crowd-funding platform of Tennra. Tennra is one of the first crowd-funding platforms in Egypt, depending on collecting the needed funds for the start-ups through individual investors as well as companies, in exchange for prizes in kind. Tennra in turn obtains a percentage of the …
Elsewedy Electric registers EGP239m net profits in Q1 2015
Consolidated revenues in Q1 of 2015 decreased by 8%, to reach EGP 4bn versus EGP 4.3bn in Q1 2014, company says
HSBC dismisses employees, management in Egypt remains silent
According to a bank statement, 8,000 employees out of 48,000 employees who work in the bank’s UK branches will be affected.
Alexandria Port Authority completes 91% of 2015 investment plan: Chairman
Alexandria Port’s investment plan for current fiscal year amounts to EGP 460m, with self-funded projects
Return from insurance, pension funds in EGX double any other investment tool
EGP 100bn available for stock market investment, Minister of Social Solidarity highlights
Egypt discusses bilateral trade, joint investments with African ministers
Cairo will host meetings in September to discuss investment opportunities in Egypt, says Abdel Nour
Broad consultations with public companies, Arab Contractors to be listed on stock market: EGX head
We are aiming for 4.5% economic growth, 10.5% deficit and unemployment below 12% by fiscal year-end, says Mehleb
Egyptian journalist wins Nile Media Awards for covering GERD negotiations
The Nile River Awards is from the NBI, in corporation with Deutsche Welle (DW) Akademie, Global Water Partnership Eastern Africa, Nile Basin Discourse and Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ).
Teacher, students released on bail for ‘contempt of religion’ after ISIS video
Teacher Gad Younan was made to leave his village, following a meeting of Christians and Muslims
Tobruk government rejects UN draft proposal
With the government also barring its delegates from continuing talks, negotiations might be over
In Pictures: Port Said trial death sentences upheld
Court approved execution of 11 defendants, former Port Said security director sentenced to five years
CBE agrees to cover 50% of foreigners’ money upheld in Egyptian market since 2013
There has been a crisis in upholding foreign traders’ money in the EGX and not transferring it, even two years after settling the purchase operations of shares, bonds, and treasury bills of foreigners.
Rassd board members reportedly ‘disappeared’ from prison
Al-Fakharany and Mostafa received life sentences in the ‘Rabaa Operations Room’ case in April
33 hospital beds in Cairo for every 10,000: ECESR
Prime Minister Mehleb’s visit to healthcare centre unleashes wide responses from doctors on poor conditions inside public facilities
Foreign ministry lambasts HRW over ‘non-objective’ report
The ministry claims human rights watchdog is “leading a systematic campaign against Egypt”
Size of e-commerce to reach $13.2bn in Egypt, UAE, KSA by 2020
The report also stated that the most difficult challenge that faces e-commerce companies is their clients’ trust for online payment methods. 16% of the companies believe that users accept these methods, while 13% of the companies say that clients consider them unsafe.
Legislative law to be amended to increase Food Industries Company’s capital: Supply minister
Food Industries Holding Company plans to raise EGP 3-4bn capital increase through IPO
Actis not planning to sell remaining 15% stake in Edita
After Edita’s stock market listing in April, Actis sold 15% as part of the stock offering
Unrated bonds expected this summer: Sherif Sami
EFSA board will meet to discuss bonds regulation on Wednesday
Petroleum companies listed before fiscal year-end
MOPCO has already listed in Egyptian Exchange
Port Said trial death sentences upheld
Court approved execution of 11 defendants, former Port Said security director sentenced to five years
Cairo Capital contract signing still in negotiations: Housing minister
Private newspapers reported this week problems between government and Emirati investors implementing the project