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

MNHDâs gross profit reached EGP 102m
Company says itâs on track with its Tag Sultan project

Arabian Cement studies selling frozen shares
Company held an IPO in May 2014

EFG Hermes net profits decline reaching EGP 359.1m in H1 2015
Investment bank’s unconsolidated financial statements show that losses have fallen by 38.8%

In Video: Egyptian actor Nour El Sherif dies after long struggle with illness
The beloved actor was diagnosed with deficiencies in his circulatory system that led to problems in the arteries of the legs, as well as problems in his lungs and breathing.

 Niger embassy âmilitantâ killed in action amid claims of âexecutionâ
Since the 25 January Revolution, which came about due to criticise and challenge the practices of Egyptâs police, the state has been providing much effort to help restore the image of the important state pillar: the police. Propaganda videos of latest operations, arrests, and killings are featured almost daily on news broadcasts on state TV. …

26.3% of youth unemployed, 51.2% suffer poverty
Youth make up 52% of Egyptâs labour force, a CAPMAS report revealed

Egyptâs bureaucrats rise up
Government employees at state-controlled Customs and Tax Authorities demand Minister of Financeâs resignation

Court sentences 10 defendants in âAl-Zawahiri cellâ case to death
Final verdict to be issued on 27 September

Upper Egypt-Red Sea road to be implemented in 1year
Road to cost EGP 104m, the ministry of housing indicated

Al-Azhar condemns partial demolition of Sunni mosque in Tehran
Sunni institution called such acts âincitementâ

Kareem Hamdy case postponed as police âunableâ to secure court
Ministry of Interior told court they are busy with âSuez Canal preparationsâ

Will the new Investment Law launch Egyptâs investment recovery?
Egypt has recently enacted a new law on investment that amends the Egyptian investment law, with high hopes that such a new law increases the chances in restoring confidence in Egyptâs investment climate. An objective evaluation of the new law requires a neutral analysis of its strengths and weaknesses, taking into consideration the existing impediments …

The parliament and the Egyptian elite
I have never officially belonged to any political current. I never held a membership card for any political party, or even an NGO. I was, and still am, proud of being a journalist standing at an equal distance from all currents; I admire the behaviour of some and reject the behaviour of others. I was, …

Ajnad Misr trial postponed to 17 October
The group claimed the Roxy square bombing last week

Kimonos redefine trends in Egypt
According to the oldest rules of fashion worldwide, trends change every six months. However, the current decade has successfully created a much faster cycle, which is capable of introducing new trends every other week. Through this hectic and constant change, one trend managed to establish a true solid platform. The traditional Japanese garment, the Kimono, …

Detained Egyptian fishermen released from Sudan prison to return to Egypt
108 fishermen were arrested in April on their way to Eritrea

Fascism Incorporated: Our fault
When the blood of the other becomes a fathomable reality, fascism is born. I remember well standing among thousands in front of the UN, on 30 June 2013, as we screamed atop our lungs against one dictator, but little did we know we would help usher in a decidedly more bloodthirsty one. All it took …
Death toll of Nile boat sinking rises to 17, others still missing
Families of victims angry, while government issues EGP 20,000 compensation for each family
4 military personnel killed in Sinai explosion
Three others injured after planted bomb that targeted vehicle exploded: Military spokesperson
Foreign Minister visits Saudi Arabia for talks on regional issues
âThere were no meetings with Hamas, we support Egyptâs stance towards them,â says Saudi FM
45 officials promoted in Ministry of Interior reshuffle
Minister Magdy Abdel Ghaffar promoted deputy ministers and security chiefs
16 dead in Nile cruise boat collision with barge
Rescue operation still ongoing in river: Ministry of Health
Oriental Weavers, Arafa Holding reduce effect of EGPâs devaluation on pricing flexibility
The Egyptian currencyâs devaluation is a step in the right direction, but the Egyptian industry needs more incentives
Swimming star Mireia Belmonte holds onto world championships dreams
Mireia Belmonte, the best Spanish swimmer of all time, was able to maintain her dream of competing at the world swimming championship, to be held in Russia on 24 July, despite her shoulder injury

Morsi’s Qatar espionage trial postponed to 2 August
Former president was unable to attend due to low blood sugar levels
Journalist reportedly arrested for alleged Brotherhood membership
Abu Bakr Khallaf was arrested from Egypt Syndicate Union headquarters on Tuesday

Former PM Nazif given 5 years, EGP 53m fine in corruption case retrial
Illicit Gains Authority believe politician illicitly gained EGP 64m in assets

Online payment companies face clientsâ fears
Sector growth depends on online commerce activity, says Linatel Chairman
Suez Canal ceremony expenses collected: Canal Authority official
Donations ranged between $250,000 and $1m, the official noted
Egypt to aid African countries in fight against Ebola
Mehleb reaffirmed Egyptâs readiness to send specialised medical convoys to assist African countries suffering from the Ebola virus