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

Arabia Group’s Sinai project implementation expected by end of 2015: Chairman
Security issues hinders project’s progress, Tarek Shoukry said

Expanding Blue Pearl projects in costal, new cities: Themar managing director
The company will complete the Blue Pearl project in Marsa Matrouh next year, says Ragab

MIH Chairman called on government to execute New Suez City project with EGP 20bn investments
We are waiting for the government’s response to with start contracting with an American engineering firm to design the blueprint, says El-Assal

Arab capital movement in Egyptian tourism, real estate still slow: TIA Chairman
Competition to attract Arab capital is stronger, Dubai competes in tourism and Saudi Arabia in industrial sector, says EBA Tourism Committee Chairman

Egypt’s tourism recovery may take longer than expected: Collier’s Sona
In the past 12 months, Colliers International has advised GCC developers on projects in Cairo and Marsa Alam

Legal case suing UK over Palestine begins in Egyptian courts
International movement challenges Balfour Declaration, hopes to win Right of Return and compensation for Palestinians

Judicial officials suspected of antiquities smuggling
Prosecutor-General orders media gag in case involving two brothers

Egypt to continue Yemen operations
Coalition troops allegedly land in Yemen, reports arise over bigger ground intervention with Egyptian participation

More ‘terrorist cells’ face trials
In recent developments, 40 referred to court on charges of joining “Islamic State”

83 illegal immigrants arrested trying to enter Libya
Migrants come from different governorates across Egypt
3 people imprisoned for 15 days in Suez
Defendants face charges of belonging to the Muslim Brotherhood

Shoukry, Steinmeier discuss regional issues
Libya, Yemen and Syria among the topics brought to the table for discussions

Court sentences 5 to death in Kerdasa police killings
Judge Nagy Shehata sentenced 183 of 188 defendants to death in February in same case

CFF4: Fashion festivities hit Cairo for 4th time
Egypt’s fashion population starts the summer at Cairo Fashion Festival

EGP 750m investments for Taqa Arabia in 2015: Executive Chairman
Company is executing 150MW capacity power plant to use gas in oil fields
United Nations Security Council: A flash of accountability?
Some consider the sudden show of accountability in Egypt’s political sphere has been contrived as a one-off display to aid Egypt’s bid to become a non-permanent member of the United Nations Security Council. Amidst massive regional instability, the Al-Sisi administration is pushing to become recognised as key player for international security, and announced its candidature …
EFSA preparing 1st real estate financing federation elections
The Egyptian Financial Supervisory Authority (EFSA) is participating in the “Mortgage Development Partners” conference, taking place on 12 May, as part of the “Partnership for Development” initiative. The conference targets community dialogue involving all professional sectors interested in mortgage activities and benefiting from it. It will discuss the opportunities and challenges facing the mortgage system …

116 documented violations against journalists in Jan-April 2015: AFTE
Documented violations occurred mostly in Cairo, with security forces largest contributor to violations
Final contract preparations for private sector partnership in 2 months: Amin Abdel Moneim
Ministry of Housing rushes to prepare contracts for partnership, on back of Economic Summit MoUs

Campaign to build studio apartments for youth
If the government decides to build such apartments, the bank will support the process, says Housing and Development Bank CEO

Tourism Ministry delays offering investors 95,000 metres in Luxor until 2016: Official
Area of Hadabet El-Toud is 5m metres, ministry aims to attract investments worth EGP 5bn
Libyans protest censorship on Press Freedom Day
Censoring of key press organs by Libya Dawn and the worsening conditions for journalists spark protests

Egyptian journalists celebrate Press Freedom Day in detention
ANHRI condemns Beheira journalist’s arrest

Tabarak Holding targets 2015 profits of EGP 100m
Company will have an EGP 600m IPO on the Egyptian stock market

Mercedes-Benz denies withdrawal from Egyptian market
Market is unstable due to fallacy of statements, lack of understanding, company heads say
Coalition denies Yemeni officials’ claims of ground troops in Aden
Several news agencies reported arrival of coalition troops in Yemen, coalition spokesman denies reports
New legal foundation looks to unite Libya’s tribes around justice, against IS
Islamism needs to be rooted out of Libya, says businessman launching “Justice First” foundation
Al-Sisi, Shoukry to meet German Foreign Minister
Meetings to tackle bilateral relations and regional issues

Evidence of cluster munitions used in Yemen: HRW
Rights group accuses coalition of dropping the banned munitions near villages, violating US export policy

Clashes break out between students, security forces in 6th of October City: SAC
The Interior Ministry could not confirm or deny this incident