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

Houthis agree on proposed truce, ceasefire to begin Tuesday
Earlier Saudi proposal has been accepted; Malaysia to join Saudi-led coalition

EGP 1.2bn loan to develop sewage networks in 32 Giza’s villages: Housing Ministry
Project implementation will start next year and will be completed in 2017, says Madbouly
NCCD business grows by EGP 319m to reach EGP 6.6bn: CEO
We plan to economically manage public business sector enterprises portfolio to achieve added value for national economy, says Salman
$290m public offering on LSX for IDH concluded
Offering raised total demand in excess of $3.7bn, listing was 11.2 times oversubscribed, EFG Hermes said

Current real estate executive law formulation under scrutiny: El-Sebaey
Housing Ministry took all remarks and additions by real estate developers into account to ensure executive law’s efficiency, says ministry adviser

Deaths in detention centres rise
Despite prosecution reports of “inhumane” conditions in police stations, detainees continue to die in custody

World Bank to present mortgage system plans in Egypt
Bank participates in social housing programme providing $500m towards 1m housing units for low-income citizens

Annual inflation increases by 11% in April
Food and beverage prices rose by about 1.4% over last April, reaching 190.8 points compared to 188.2 points in March

Chinese president invites Al-Sisi to WWII commemoration
Egyptian president held meetings with Armenian, Vietnamese, Russian and other heads of state during Moscow visit

Cairo University launches first TEDx event
The event brought together 15 speakers to inspire hundreds of students with new ideas

Prevention campaign targeting youth details the roots and routes of sexual harassment
“I was once exposed to a different form of sexual harassment than the ones I usually faced when I was a little girl. He was standing across the street while I was walking to school, he unzipped his pants, showed me his genitalia thinking he’d seduce me to have sex with him. As a 16-year- …

Notes from America: Why the West is fixated on Muslim women’s wardrobes
By Ahmed Tharwat Muslim women living in the West are attacked in the streets, supermarkets, buses, and football games, just for wearing the hijab. In France, Muslim students are denied education for wearing hijabs, last week a 15-year-old Muslim student was banned from school for wearing a long black skirt, “seen as openly religious for …

Government should focus on MoUs, promises made: Czech Ambassador to Egypt
Other delays and unexpected changes in parliamentary elections might worry some investors

Housing and Development Bank contributes EGP 150m to tourism sector in 2014
Rate of loans in real estate sector approximately 7.2% of bank’s total loans portfolio allocated to corporate sector

Political Islamists will not win more than 20% of parliament seats: Lieutenant General Hossam Khairallah
The battle between the media and interior ministry was blessed by the state, says former presidential candidate

Improved water and sanitation essential for global development
By Dr. Bjørn Lomborg There are plenty of things, which those of us lucky enough to live in the industrialised world take for granted; running water and flush toilets are among the most basic of these. 2.5 billion – almost half of the developing world – lack even a basic latrine, and 1 billion have to …
Demolition of former National Democratic Party headquarters
The Cairo Governorate has officially issued the license to destroy the former headquarters of the dissolved National Democratic Party (NDP), which ruled under the regime of Hosni Mubarak. According to state media, the building has officially been handed over to the Armed Forces Engineering Authority Saturday to proceed with its demolition. The building was set …
Al-Sisi invites Putin to launch of Suez Canal Axis in August
Egyptian president met with world leaders in Moscow on Saturday
Egypt’s Foreign Ministry warns fishermen against illegal entry into territorial waters
Ongoing negotiations with Sudan over detained Egyptian fishermen

Yemen: In the name of Restoring ‘Hope’
By Waleed R. Derhem It has been a month into the beginning of the Saudi-led military intervention in Yemen, and yet the battle on the ground is not over. The coalition claims a win in achieving the objectives and goals by announcing a glorious end to “Decisive Storm” and the beginning of the second stage of …

Government should follow through on lowering tax promises: Ernst & Young official
Days before Economic Summit, the government announced it would unify income taxes at 22.5% for 10 years

Emirates Group records second highest profits of $1.5bn
The FY ending 31 March 2015 also marked the achievement of new capacity milestones at both Emirates and Dnata, as the Group continues to expand its global existence and strengthen its business through strategic investments.
Private sector to take part in Cypriot gas deal: EGAS
Gas consumption regulation device to give licences for import

Banks can appeal property tax assessment: Finance Ministry
Regulations offered to facilitate application of property tax law

President Al-Sisi’s approval rates at all-time high despite worsening security
Almost nine in 10 people approve of presidential performance, research group stands behind figures

GUC refers students to prosecution for sit-in
Students held demonstrations in March over death of fellow GUC student

Detention renewed for 10 Damietta female students
Students were arrested last Tuesday on charges of illegal protesting
Policemen detained pending investigations on torture accusations
Police claim suspect was armed and dangerous, while human rights group says victim was brutally apprehended

Court accepts appeal against acquittal of officer over killing protesters charges
El-Sunni is charged with participating in the killing of 18 protesters and injuring three others on 28 January 2011
2 conscripts dead in North Sinai following militant attack
The military spokesperson announced killings of at least 700 militants since October