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

Badie referred to military tribunal for second time
Muslim Brotherhood Supreme Guide already given death and life sentences

Court postpones Al Jazeera trial to 8 March
Defence lawyers make their claims in next court hearing

Against all odds: Egyptians want more luxury brands
The interior dƩcor is classically timeless, while the stacked shelves are the main stars. Cavalli, Burberry, Polo Ralph Lauren and many more brand names are permanent residents at the designer store.

Activist Alaa Abdel Fattah sentenced to 5 years
Other defendants receive between three and five years

Football racism highlights Europeās struggle with transition and entrenched racism
By James M. Dorsey Recent football-related racism highlights European nationsā tortured transition from ethnically relatively homogeneous to multicultural immigration societies amid a resurgence of entrenched racial, including anti-Semitic, attitudes that flourish in times of economic crisis and are not limited to Muslim communities. Fans across Europe have lined up on both sides of the racism …

Air Defence, Al-Sabbagh officials will be held accountable: Al-Sisi
In 40-minute speech, president addresses Libya airstrikes, admits there may be innocent people in jail
SODIC targets coastal investment before 1H of 2015
Company eyes both Ain Sokhna and the North Coast
OCI targets financial reconstruction via 10% increase in capital in EGX: MD
Construction works for El-Hamrawein power plant to be implemented in Q1 of 2016, participation in tunnels of New Suez Canal, says Bishai
Actis launches pan-African renewable energy platform in Egypt
Actis deploys over $1.9bn in 27 energy transactions, totalling 14gW across 21 countries

190 Italian companies visit Egypt for economic cooperation
Mission targets talks for commerce and industrial partnership opportunities in the mechanical, renewable energy, infrastructure sectors

EGP7.5bn investments by SEBA in a Summit project
SEBA has obtained 250,000 acres in agricultural project, with each acre sold at EGP 30,000, says Darwish

Private university suspends students for āinsultingā, 2 years after protests
Mostafa Tawfik says the university is ātargeting himā and threatened to imprison him on charges of attempts to revive the “secret” student movement

Alaa Abdel Fattah, 24 others await verdict in Shura Council trial
Expect charges with violence and illegal assembly to replace “prosecution’s failure to prove assaults on police officer”, says defence lawyer
Hamas terrorist case postponed to 28 February, spokesperson blasts media ‘incitement’
Spokesman speaks of campaign in Egypt to incite public against movement

Court to rule on Qatar āsupporting terrorismā on 29 March
Similar case filed against Turkey, to be looked into on 24 February

Egyptians make fun of joining ISIS on Twitter, while militants urge them to join
The hashtag āI will join ISISā is now trending on Twitter

Steel tycoon refused application for 2015 parliament
Ezz’s empty space leaves competition for liberals vs Islamists

Egypt participates in Nile Basin Initiative for first time in 5 years
Minister of Water Resources and Irrigation says Egypt is open to Nile Basin Convention amendments

Kerdasa police station trial postponed to 1 March
The 23 accused include 15 held in custody, with the remaining eight charged currently fugitives. They are collectively charged with destruction of public property, vandalism and the killing of police officer Mahmoud Ibrahim Abdul Latif.
Port Said āprison clashesā trial postponed
Interior Minister refrains from attending session, citing security reasons

Shoukry seeks political resolution in Libya amid media criticism
During the counter terrorism summit in Washington, Shoukry met with his US counterpart John Kerry and EU High Representative for Foreign Affairs Federica Mogherini
240 referred to Minya military courts for attacking churches
Defendants charged with violent acts after forceful dispersal of Rabaa Al-Adaweya sit-in
$15bn infrastructure cost for Suez Canal Project
6gW electricity and 3.8m sqm water supplied to grand project

People, music and change: The Bin Al-Sarayat conundrum
Those young people enforced their culture on a mainstream taste that I deem decadent, says Wagdy Al-Komy

On Copts, Libya and nationalism
By Wael Eskandar One of the most astounding phenomena following the brutal slaying of 21 Copts, who had been kidnapped since December 2014, is the hyper-nationalistic reactions within Egyptian society. These reactions of immediate unquestioning support to military response in Libya extend to numerous revolutionary hardliners who are greatly opposed to Al-Sisiās rule, yet found …

Whose lives matter in current day Egypt?
By Semanur Karaman On 9 February, in response to the deadly police violence that left 40 football fans killed and dozens murdered in Cairo, Shadi Zalat compared the price of a ticket to the price of life. Unfortunately, in present-day Egypt, the rhetoric behind the comparison is a saddening one as lives of ordinary civilians …

Ambitious Banque du Caire strategy targets 30% loan product growth: Bank President
Car loans from Banque du Caire is considered the fastest growing bank product in the Egyptian market, Zahid said
United Bank to allow paying taxes, customs through branches
The United Bank will introduce in all branches a service for paying all government dues, such as individual and company taxes and customs, the bankās chairman Mohamed Ashmawy revealed Thursday. The move comes in cooperation with the Ministry of Finance. Ashmawy stressed the significance of enhancing electronic payments in Egypt, instead of depending on traditional …
SFD signs EGP 50m agreement with Industrial Development Bank
Director-general of the Social Development Fund (SFD) Soha Soliman has signed two agreements with the Industrial Development Bank to develop small- and medium-sized enterprises (SMEs) in Egypt. The value of the agreements, which were signed on 17 February, is EGP 50m, funded by the French Agency for Development (AFD). SFD said that the agreements come …
Banque du Caire eyeing Economic Summit projects
State-owned Banque du Caire aims to finance several projects the government will present in the March Economic Summit, said the bankās Vice-Chairman Mohamed Taha. Taha said his bank has a large liquidity enabling it to expand in funding national projects, noting the bank will attend the Summit, and will study all proposed projects. In late …