Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
DrBridge seeks investments at $4m to start foreign expansion: CEO
We plan to expand externally by the end of 2015, and are choosing between Saudi Arabia, Nigeria and South Africa, says Barsoum
€1.2bn total grant aid from EU for 200 projects: EU Ambassador
Egypt needs economic growth for the many not the few, Moran says
Joint statement from prominent rights organisations condemn radio director’s arrest
Arrest of Ahmed Samih is another instance of “ongoing campaign to intimidate and terrorise human rights defenders”
Those encouraging legalisation of hashish looking for media show: Head of Anti-Narcotics Administration
Hashish most widely circulating drug in Egypt, frequently traded in poor areas, says Major General Ahmed Elkholy
Finance ministry to borrow EGP 249bn through bonds, treasury bills
The ministry will issue treasury bills worth EGP 33.5bn for 91 days, and EGP 40bn for 182 days
Capital taxes fuel row between authority, brokers
Approximately EGP 250m were collected in 2015: MCDR Head
Egyptian-Emirati project to reclaim 220,000 acres using solar energy
The project also aims to transform region into attractive area for residents
Foreign reserves record $15.29bn end of March
The reserves figure remained within the same range since the beginning of 2015
Syrian refugee leaves Egypt for failing to obtain residency since 2012
“My cousin, born and raised in Egypt, went to study abroad and can’t come back,” says Ahmed
Preachers not allowed to travel to Iran amid fears of ‘Iranian expansion’
Ministry of Religious Endowments reiterated warning against Iran’s “blatant interference” in Arab countries’ affairs
Verdict on closure of HRW headquarters to be issued 19 May
Although HRW does not currently have offices in Egypt, the verdict would still serve to “undermine the group’s presence in Egypt”, says lawyer
1948 Palestinian refugee descendants cannot afford residence permit renewal
Nearly 5,000 Palestinians live in poverty in Sharqeya governorate
Employment, detention, and registration: On Syrian refugees in Egypt
Dozens still held in prison in Alexandria despite release order
MIDOR, Gas Cool, El-Neel oil marketing seek bourse listing
Ministry of Supply also studying FIHS’ listing
Gulf Capital receives ‘Firm of the Year’ award
Gulf Capital has been actively investing in private equity and credit and mezzanine arenas
Slight increase in number of internet users last December
Meanwhile, the number of internet users through USB reached 4.5 million by the end of last December, compared to 3.9 million last November, achieving a growth rate of 1.4%.
Ministries of Industry, Finance need balance between Egyptian, European exporters: GB Auto SAE CEO
Customs exemption for Egyptians in the European market is 10% compared to 135% for Europeans in Egyptian market
Finalising procedures of $3bn loan in June: EGPC Chairman
Work is being finalised on the procedures of obtaining a $3bn loan from the Islamic Development Bank (IDB), allocated to the Egyptian General Petroleum Corporation (EGPC). The procedures for the loan are set to be completed by June, said Chairman of EGPC, Tarek El-Mulla, adding that the IDB loan will be issued due to a …
4 public petroleum companies to be listed on EGX
IPOs of first two companies to be within Q1 of 2016
Agreement between PBDAC and EHCSS to use bank’s land to store wheat: Cabinet
Agreement will change Egypt to an international logistics centre that collects, stores and trades grains, says report
Egypt can return to era of good population policies: UNFPA Representative
A “doomsday scenario” is possible but not inevitable with long term thinking from the government and families
Heavy fighting in Aden, Houthis abduct leading opposition figures
Rebel militias advance towards port of Aden, thwart opposition by kidnapping senior Islah Party officials
War of revolutionary artists: Swedish journalist accused of using fund to remove satirical art
Male graffitist accuses Swedish-funded project of painting over revolution to save dignity, but is called sexist by project’s leader
Endowments Ministry scrutinises Islamist schools
The act follows a series of strict measures undertaken by the ministry to control religious speech
Foreign investments targeted for FY 2014/2015 range between $6-8bn
Minister of Investments says target may be lowered to $6bn
Global campaign marks 600 days in prison without trial for photojournalist Shawkan
Former Al-Jazeera journalist Mohamed Fahmy leads intensive local and international battle to support Shawkan
Al-Sisi’s risky economic gamble: Egypt’s challenge lies in its present reality, not its potentiality
By Mohammed Nosseir The Egyptian government recently held a very successful Economic Summit. Although the conference was mentored by an Arab country and managed by an international agency, the credit for its success still goes to the Egyptian government for its open-mindedness in this respect. Nevertheless, in my opinion, attracting foreign direct investment (FDI) has …
9.2 million children suffer from poverty
4.9 million children live under poverty line in rural Upper Egypt, 1.8 million in rural lower Egypt
Interior ministry ‘ready’ to receive complaints of police brutality
“They are bluffing,” says human rights lawyer
Potable water sector agreement to promote Egyptian investments in Rwanda
The project will provide the Water and Sanitation Authority with 40,000 cubic metres of potable water with $55m investments