Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
ONtv’s Sawiris rebuts Reem Maged’s claims on show ban
Conflicting information from channel and owner regarding issue
âHeritage Taskforceâ takes antiquities ministry to court over Hellenistic site demolition
An apartment block is set to be built on the 323 BCE site
Policeman dies in Sharqeya shooting
Another policeman was also injured during attack
3 bomb explosions cause Aswan power outage
A further bomb was found in the same place and dismantled
Egypt hosts Middle Eastâs first breast cancer hospital
The hospital, called Bahia, aims to raise awareness of the importance of early detection and prevention of cancer to ensure the highest cure rates
Investment and finance ministers should switch positions
By Naguib Sawiris Many people, including traders, believe that the stock market is a place for venture and quick profit, not knowing that its real goal is to present investments for investment funds and individuals, both locally and globally in companies’ capitalthrough this mechanism that allows investments by buying and selling shares on desiring to …
Egypt bans ultras in bid to break anti-government protests
By James M. Dorsey An Egyptian court has banned militant football fan groups or ultras as terrorist organisations in a bid to break the backbone of anti-government protests. The ruling pushes further underground groups that often offer despairing youth a rare opportunity to vent their pent-up anger and frustration peacefully. Ultras have for the past …
$50m to open first gypsum board factory in SuezÂ
The plant production capacity is 15m sqm of gypsum, 90,000 tonnes of gypsum products and 25m matres of metal cutters
Financial policies most powerful tools to enhance Egyptians’ lives: Finance minister
The government has a clear plan to implement the 22% tax upon new tax returns, says Hany Kadry Dimian
Egypt-based 300 Years History to develop Safari Park for $1.1bn
22.36% housing ministry share to be recovered within 10 years, project implementation will take five years
FEB holds workshops with small companies to study financing processes: EUC member
The financing process has great importance for survival of small and medium-sized construction companies, says Daker Abdellah
NUCA, housing ministry meet to resolve âBeit al-Watanâ land parcels issue
Rage among âBeit al-Watanâ applicants due to governmentâs evasiveness
APU to establish 16 commercial chains, modern markets in Egypt
Six modern markets will be inaugurated this year in Cairo, 10 markets in other governorates will be completed in two years
‘Al-Zawahiri cell’ trial postponed to 31 May
Al-Qaeda affiliated group is charged with attacking security personnel and targeting Christians
Campaign for hundreds of suspended journalists starts with Press Syndicate protest
Around 800 staff have been dismissed from media outlets in the last year, according to campaignâs spokesperson
Vodafone invests EGP 4.5bn to develop its technological sector: Tech Director
EGP 420bn to buy electric generators and additional batteries to prepare for power outages, says Said
Political parties seek âimmunity from dissolutionâ for next parliament
Parties submit new proposals for elections to president
Trial sessions ceased in Al-Arish court complex, to be transferred to IsmailiaÂ
Supreme Judicial Council decides to secure all judges following emergency meeting
NTRA studies compensating private Internet companies
Private companies are suffering losses due to Telecom Egyptâs replacement of copper cables with fibre optic ones
UAE grants Egypt 50,000 social housing units
Housing units set to serve 350,000 low-income citizens in 17 governorates
Security forces on alert following Morsi verdict
Volatile Matariya neighbourhood witnessed minor demonstrations
Egypt condemns comments on Morsiâs death sentence
Misr Al-Qawia, Turkish President Erdogan strongly condemned rulings, UN Secretary-General Ban Ki-moon expressed concern
Transforming personal life tragedies into memoirs
In the introduction of her best-selling autobiography “A Stolen Life”, in which she wrote about the prolonged sexual assault she encountered during her abduction and the stolen years of her life, with outstanding strength and hope.
Notes from America: Muslims and Christians â At war in life, at peace in death
By Ahmed Tharwat Standing along with a few hundred Muslims at the Garden of Eden Islamic Cemetery located in a remote corner of a Christian cemetery in Burnsville, Minnesota, mourning the death of one of our friends, the reverences and the respect were not just given by Muslims, but also by the staff and workers …
Central Bank of Egypt leans on currency devaluation
By Oxford Business Group A series of moves by the Central Bank of Egypt (CBE) to devalue the pound and limit dollar activity are expected to help shore up foreign reserves and eliminate black-market currency trading. The controlled devaluation of the currency earlier this year from EGP 7.14 to EGP 7.62 to the dollar has …
Global banking is HSBCâs priority in Egypt: Blanchet
HSBC launched in April its second International Growth Fund, worth EGP 300m, to support SMEs
NBE aims for 10% growth in all bank indicators: Okasha
Deposits portfolio at $11bn for foreign currencies by the end of March
5-year plan to increase market share to 5%, targeted fund portfolio by year-end: Atef El Dib
Q1 revenues at EGP 33m and 11 new branches within 2 years after the approval of the Central Bank of Egypt
Hamas calls verdict on Palestinians in Morsi trial ‘shocking’, ‘sad’
“Some were martyrs of resistance a long time ago,” says Hamas spokesperson
Should citizens stand up for their moral values or for their nationsâ policies?
By Mohammed Nosseir Nations do not only evolve through good governance, but also, and more importantly, by abiding with certain moral values advocated by their citizens. Moral values are the hidden qualities that influence the entire society. A lack of awareness of their significance does not undermine their importance, and it should not discourage people …