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

Egyptâs BDS movement ready to challenge corporate, political elites over Israeli occupation
International headlines were made after Orange CEO seemed to accept movementâs boycott argument

Agreement signed to establish $300m project for gasoline production
Project targets production of a further 850,000 tonnes of high octane gasoline with investments worth approximately $300m

Court adjourns police officerâs trial to 11 June in Al-Sabbagh case
Lawyers assure family activistâs death will not go unpunished

$1bn deficit in payment balance in first 9 months of FY 2014/2015: CBE
The figures compare to a surplus of $2.2bn during the same period of FY 2013/2014

Shoukry meets with Italian, Algerian counterparts on Libyan crisis
The meetings came ahead of a tripartite meeting between the three states to discuss the Libyan crisis and other regional matters

Officer accused of assaulting lawyer sentenced to 3 months in prison
A police officer assaulted a lawyer inside a police station in Damietta last week

International coalition to promote New Suez Canal opening: Mamish
The Suez Canal Authority signed a memorandum of understanding (MoU) with two French companies as well as two companies from Egypt and the US, for the planned opening.

Orascom, Siemens construct 2 power plants
Contract value for 4,800 MW power plant is âŹ2bn

Emaar sets share price at EGP 3.5-EGP 4.25
Around 15% will be offered publicly, remaining 85% will be offered privately for qualified institutions

Violations against detained students during examination: SAC
May witnessed 359 violations against students, according to Justice Center for Rights and Freedoms

Yemen fires Scud missile at Saudi Arabia
Reports indicate a stepping-up of air attacks after Sundayâs rocket launch

Radwa Ashour: A suggestion of a better mankind
Mourid and Tamim El-Barghouthy celebrate Radwa Ashourâs ongoing legacy
Bomb explosion in Gharbeya kills police officer
The officer was trying to dismantle the bomb

Reforming football governance: Tackling political corruption alongside financial wrongdoing
By James M. Dorsey The mushrooming governance scandal in world football body FIFA increasingly spotlights political, in addition to financial, corruption in global football. Revelations about government and corporate deals made to secure Germany’s hosting of the 2006 World Cup alongside the prominence of political figures in sports governance, frequently aligned with autocratic regimes, emphasises …

Egyptians in Libya: Between a rock and a hard place
Despite reiteration of foreign ministryâs warnings against travelling to Libya, citizens with limited resources leave for Libya in search for work

Sharm El-Sheikh declaration to be signed liberalising goods, services trade
Four new Egyptian Commercial Services offices to be opened in Africa before the end of the year, Says El-Leithi

MIDB pumps EGP 800m new loans before end of 2015: Managing director
Industrial sector acquires 40% of total loans from the bank, says Amr Tantawy

Without a hashtag: More forgotten journalists behind bars
Activists document stories of 12 journalists sentenced to life in prison

12 new United Bank branches in 18 months: Mohamed Ashmawi
United Bank branches will increase to 62, to cover all the governorates

CIB receives 5 international awards in 1H of 2015
There are abundant opportunities across Egyptian market, says Chairman
8 political parties submit Protest Law petition to constitutional court
Popular demands to speed up court decision on lawâs unconstitutionality

Egypt seeks export increase to African countries over next 3 years
Egyptian imports from these countries amounted to approximately $810m during 2013, compared to $1bn during 2012. The most important receiving countries for Egyptian exports are Libya, Sudan, Kenya and South Africa, according to El-Leithi.

EGP 44bn tax revenue increase by end of April
Budget deficit increased to EGP 230.9bn from July 2014 to April 2015 representing 9.9% of the GDP
Government to oblige desert land reclaimers to take part in utilitiesâ cost
GARPAD gives one month to violators that changed activity from agricultural to housing, otherwise buildings will be removed, says cabinet spokesperson

MATIA holds new negotiations with airlines over operating in area: Chairman
The Marsa Alam area includes investments of over EGP 11bn, area is ready to become a tourism city competing with Sharm El-Sheikh

EGAS to prioritise pumping gas in summer to fertiliser factories for local market
Fertiliser factories agree with ministry of agriculture to supply 78% of their production locally

More forced disappearance cases continue to surface
Numerous individuals have been taken without official arrest registration by security forces in the past two weeks

Ministry of Electricity studies GE offer to build new energy generation centre
The project is to be built in Helwan to add 4,500 MW through combined cycle technology

Officers accused of torturing lawyer to death released on bail
Court postponed trial to 28 July, barred defendants from travel

CBE controls importersâ manipulations
Banks activate automated âModel 4â to determine real importing demands