Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
Work under construction worth $5.6bn until September 2014: OCI Managing Director
We added $900m more to construction works, says Osama Bishai

20% of Egyptian SMEs prefer Sharia-compliant products: IMF
IMF recommends Islamic banks attract large numbers of Muslim population worldwide currently without bank accounts

Mehleb calls for new Port Safaga completion timetable in June: Cabinet
Total area of port after development reaches 825,000 sqm with total circulation of 8.5m tonnes, marine energy accommodating 1.3 million passengers annually

Egyptians spend $10.18m at Dubai Shopping Festival via Visa cards
Visa card holders in Saudi Arabia came in first place in terms of spending, spending $35.18m during the first half of the festival compared to around $27.29m during the same period in 2014.

Ministry of Supply studies listing FIHC in stock market
Ministry of Petroleum is also studying possibility of capital market listing

Qalaa Holding investigates raising capital to EGP 1.8bn: Sources
Qalaa Holding Company aims to increase capital to EGP1.8bn, in return for share swapping of partners stocks in subsidiaries and sister companies
Kaki demands Egyptian government refund EGP 1bn
Kaki Group would not terminate its Egypt investments despite smear campaigns led by former employees of the company, says Kaki Group owner

Election race heat up, as registration doors shut
Candidates started applying to the SEC on 8 February, with the door for candidacy set to be closed on 17 February, but which was then extended by two days for those who had applied but were missing the required documents

EGP 93m disbursed for Sinai’s ‘second phase’ families
Amount given to families who resided in 313 houses recently demolished
Media gag imposed on Ansar Beit Al-Maqdis trial
Group pledged allegiance to “Islamic State”, changed name to “State of Sinai”

GCC retracts comments on Egyptian-Gulf relations
Qatar recalls ambassador from Cairo after Egypt accuses it of supporting terrorism

We refuse to be enemies
By Dr Cesar Chelala I have just returned from a concert by Gabriel Meyer Halevy, an Argentine-Israeli musician. He is the son of Marshall Meyer, an American rabbi who lived in Argentina during that country’s “Dirty War” in which thousands of people became “desaparecidos.” Marshall Meyer’s work helped save the lives of dozens of people who were …
6 Egyptians killed in eastern Libya bombings
“Islamic State” claims retaliatory attack against Libyan government and Egyptian airstrikes

Pro-Morsi judges’ verdict postponed to 14 March
Defendants charged with supporting ousted president and Brotherhood

Ex-minister acquitted over suspect Israel gas deals
Verdict for former petroleum minister is latest in series of acquittals for Mubarak-era figures

192 Egyptians among first group to return from Libya via Tunisia
Foreign Ministry operation room says Libyan authorities closed Ras Ajdir border crossing

1 killed in Matariya protest clash with police
Death comes less than a month after 12 were killed in the area on anniversary of 25 January Revolution
Egypt condemns killing of 4 national guards in Tunisia
Attack reportedly carried out by Al-Qaeda affiliated jihadist group

We demanded Egyptian workers sign disclaimer for responsibility over their lives: Libyan official
250,000 legal workers in Libya, insistence to travel despite security unrest

HOTAC develops Shepherd Hotel with EGP 320m via Ain Sokhna project income: Board Chairman
The development will occur using investments of up to EGP 320m, which will be gained through self-financing.

In Video: Egypt oil and gas conference discusses energy issues
Video by Omar Korashi and Mohamed Anwar

15 real estate development companies compete to establish food court in Mövenpick El-Haram: Company official
Amer Group, Al-Hokair, Wadi Degla, Palm Hills, Al-Futtaim are the biggest companies in the competition

Hotel occupancies expected to increase in Sharm El-Sheikh in March
Percentage of Sharm El-Sheikh hotel occupancy currently approximately 40%, says Tourism Committee Chairman

More Islamists referred to military tribunals
Since 1950s, special military courts used as judicial tool to crack down on Islamist opposition

15 Libyan flights to Borg El-Arab airport weekly: CAA Chairman
3 Libyan airlines did not halt flights to Alexandria’s Borg El-Arab Airport while security procedures are tightened

EGP 100,000 per killed football fan
The compensation is based on a request by the Ministry of Youth and Sports

BG delays linking 150m cubic feet daily for production to 2016
Foreign partners postpone linking several wells until end of re-pricing with government, says EGAS

Libyan crisis highlights political parties’ weakness
Parliament will keep marginalising Christian community unless state expresses serious interest in issue, says rights activist

Commercial Registry draft law creates attractive investment environment: Minister of Supply
Investment environment’s attractiveness is particularly relevant ahead of March’s Economic Summit

Parliamentary elections update- 18 February
Most candidates are aged between 41 and 50 years of age.