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

French squash player Serme wins first international title in 2015
English player Laura Massaro lost to Camille Serme with 1 to 3 points, after she defeated Nicol David (3-2) in their semi final.

African trouble for Al-Ahly and Al-Zamalek
Following Al-Ahlyâs move from the African Champions League to the Confederation Cup, the Egyptian team did achieve a victory over its Tunisian counterpart in the first game in the eighth-final for the tournament. Al-Ahly gained a narrow 2-1 win after falling behind due to an early goal in the first half. However, Al-Ahly was then …
Cabinet agrees $400m World Bank loan for social safety nets: El-Kawish
Loan will support Egypt in creating “Solidarity and Dignity” cash support programme, says cabinet statement
Knauf targets $15m gypsum boards sales through new Egyptian factory
By Ahmed Adly Sales from German company Knaufâs recently opened factory in Suez could reach $15m in Egypt and Africa during the first year of production, said Alexander Knauf, Managing Partner of the company. The company, which specialises in modern building materials, plans to sell 8m sqm of gypsum boards during the first year of …
41.4% decrease in foreigners working in Egyptâs government sector: CAPMAS
Number of foreign workers in any facility and its branches is not permitted to exceed 10% of employee total

COMESA economic investment forum in Egypt next October
âWe are studying establishing a unit at GAFI to provide economic and investment information to African countries,â says investment minister

Lower production in Egypt pushes OCI NVâs total production down
Company says gas shortages have resulted in significant decline
Government revives 90m sqm Fayoum development plan: Official
Investments targeted in region amount to EGP 30bn, of which 90% are tourist investments

Morsi’s Qatar espionage case postponed to 24 May
The defendants stand accused of spying and leaking information to Qatari intelligence

Student arrests during exams on the rise: SAC
Over 50 students arrested from their homes since Monday, says student group’s spokesperson
Rights campaign presents Labour Law draft to Ministry of Manpower
Campaign is set to meet with the Minster of Manpower Nahed Al-Ashry within the next week, says campaign member
Halting capital gains tax blow for social justice: ECESR
Government continues to pursue same polices undertaken by NDP, by favouring interests of investors and businessmen over those of citizens, the statement read

Journalists act out in defence of co-defendant journalist Youssef Shaaban
Mahienour El-Massry allowed lawyer visit in jail

Egypt encourages foreigners to visit ancestorsâ WWII graves
Project is expected to attract 1m tourists during coming years

Justice Minister Al-Zind: a perfect representation of the times
âWe [judges] are the masters and the rest are the slavesâ is indeed the most memorable quote by Egyptâs new Justice Minister Ahmed Al-Zind, head of the Judgesâ Club. The rest of this sentence as said by Al-Zind during a phone interview on a TV show was: âWhatever represents an attack on the Judiciaryâs prestige, …

Merkel stands by Al-Sisi invitation despite diplomatic tension
Egypt downplayed significance of German Parliament leaderâs refusal to meet Al-Sisi

Zawya discusses impact of Turkish soap operas on Arab women
The film links parts of the former Ottoman country in an attempt to shed light on the deep relationship of love between women and Turkish soap operas

NGOs receive financial awards from Cairo Half Marathonâs profits
Winning EFP 50,000 would allow the NGO to renovate over 4,000 crumbling and unstable houses, as well as raise the awareness of the danger comes from using the âWabourâ in poor villages.

Elite is not ready to sacrifice for the public benefitâs good
By Sherine Sobhy Holding his cigarette, lost in thought, Bahaa Taher looks more like Don Quixote, whose patience and hope help him cure his own melancholy over the country. Despite his age, his vivid soul is still shinning. âI live life with an old manâs heart,â as he says. However, you quickly realise this is …
Abu Trika files lawsuit against decision to confiscate his assets
Government committee responsible for confiscation of Muslim Brotherhood properties issued a decision to freeze the playerâs bank account

243% increase in World Bank support to Egypt
The World Bank is financing Egypt with five loans for developmental and services projects this year.

Egypt Post studies implementing workersâ innovative ideas
“Invest Your Ideas” aims at improving authorityâs services, says official

Vidmy plans to attract 5,000 Arab clients by year-end
Revenues for customers are through video advertisements on their pages, says CEO

$500m to launch 750 MW capacity Banha power station
Station operates through combined cycle system, allowing production of one-third of energy without using extra fuel

300% growth in Travelstart Egypt sales in 2014: Regional manager
Website visitors increase to 1.2 million during 2014 results in revenue growth

Moodyâs upgrades CR assessments for 5 Egyptian banks
On 15 May, Standard and Poorâs revised its outlook on Egypt, raising it from stable to positive

EGX plans lowering listing fees
EGX chairman says it is to maintain capital marketâs competitiveness

Final draft of Suez Canal investment law grants broad powers to SCA: Investment ministry
The Ministry of Transitional Justice is revising the draft to be sent to Al-Sisi for approval, expected to take place soon, says Salman

Cabinet poll claims 67% of Egyptians believe country is heading in right direction
Despite deteriorating security situation, the poll claims to find supportive public opinion
âAnsar Beit Al-Maqdisâ trial postponed to 11 June
The case involves 213 defendants charged with targeting police officers, security facilities and the attempted of murder of former interior minister