Latest in Tag: Daily News Egypt Highlight
Latest in Tag: Daily News Egypt
Etisalat Egypt receives $120m Bank of Abu Dhabi and HSBC loan
Etisalat Egypt has repaid the last portion of the $300m loan it received from several banks in 2010 through premiums. The loan was fully repaid in 2014.
Egyptian-Kuwaiti partner in several sectors with investments worth $6.8bn: Cabinet
Projects are being studied and funded within the partnership, some might be established in Suez Canal, says ECHEM head

Egypt seeks to ‘diversify’ weapon providers: Experts
Former military general cites “US pressure” as primary reason behind Egypt’s potential weapons deals with other countries

We did not expel journalists; we dismissed them: Dotmsr Board
Egyptian news website “Dotmsr” sacks 71 journalists

Houthi spokesperson slams GCC as UNSC seeks Yemen escalation
‘Egypt’s military to stay out of conflict unless Bab El-Mandab straight threatens Suez Canal navigation’, say experts
Emaar Properties reports 30% Y-o-Y increase in net profit
Last week, Emaar Misr made official request to list on Egyptian stock market
Egypt condemns Copenhagen attacks
Attacks left 2 dead, 5 others injured across Copenhagen

Morsi espionage trail postponed
Ousted president rejected trail, describing political situation as “coup”

Fans tortured at Giza police station after football stadium drama: Lawyers
Lawyers report that arrestees have been tortured into stating they were paid to riot by Muslim Brotherhood

Explosion halts Cairo-Alexandria railway
Incident is the 11th of its kind in February

Shoukry discusses Israeli-Palestinian conflict with Blair
Discussion included resuming peace negotiations between the two sides

Defining the meaning of love and spirituality
My novel talks about inner peace, love and accepting others, says author Abdel Mageed

Militant insurgency, curfew will restrict electoral process: Sinai political parties
When asked about how the current insurgency will affect the electoral process, Hasona added that it will have a negative effect on both the voters and the candidates. “In tribal communities, discussion sessions usually take place after sunset.

A word of advice to Al-Sisi: Prompt reform to prevent chaos
By Mohammed Nosseir President Al-Sisi ran a very successful election campaign, persuading millions of Egyptians to vote for him in order to save the country from the Muslim Brotherhood. So far, the president appears not to heed the fact that Egyptians initially revolted against the lack of justice, freedom and dignity that existed for almost …
Activists, journalists commemorate Shaimaa Al-Sabbagh on Valentine’s Day
Prominent journalist points out serious concerns with media gag in killing case

Reflections of a female Bedouin candidate on upcoming elections
Daily News Egypt interviewed Na’sa Ibrahim, a female Bedouin activist from South Sinai who will run individually for the seat in the Ras Sidr and Al-Tor electoral district.

Egypt has not requested financing, but we would consider request: IMF Mission Chief
By Abdelrahman Youssef Daily News Egypt sat down with the International Monetary Fund’s (IMF) Mission Chief in Egypt, Chris Jarvis, to discuss the Egyptian economy and IMF recommendations in that regard as well as how political stability influences economic growth. Will Egypt still need financial support in the future or are the IMF’s recommendations for economic reform …

Parliamentary elections update- 14 February
Al-Wafd condemns state interference Al-Wafd Party’s chairman El-Sayed El-Badawy accused the electoral coalition called “For the love of Egypt” formed by military expert Sameh Seif El-Yazal (formerly Kamal El-Ganzoury’s list) of “choosing their candidates by orders from the state’s sovereign entities”, contradicting previous agreements. However, El-Badawy did not rule out possible alliances between the two …

3 Muslims killed in US: Devil is in the details
The murder of 3 Muslims in North Caroline causes sadness, panic and hatred

3 investment banks promote 11 developmental projects for Economic Summit
Global Swiss bank expressed desire to participate in marketing Conference’s investment projects
SFD obtains $90m for short-term employment investments
The Social Fund for Development (SFD) has obtained $90m as part of the Emergency Labour Intensive Investment Project, according to the SFD’s Social Development department head Medhat Ismail Thursday. The investment injection will be used to create short-term employment opportunities for unskilled and semi-skilled workers, Ismail added. Signed in 2013, the SFD has cooperated with …

Barclays Egypt pumps EGP 250m for small, medium projects through 2015
The additional investment will bring the total funding for clients up to EGP 850m by the end of the year, with the bank granting funds for this sector started in mid-2014.

DHL plans to increase investments in Egypt, participate in Suez Canal project: Company CEO
Shipping company is sending invitations and shipping all logistical needs for “Egypt the Future” conference

CPA refers 8 channels to prosecution for misleading ads
The advertisements featured medical products that claimed to be registered at the Ministry of Health

Rights groups send open letter to President Obama on counter-extremism
The abuse of human rights is as destabilising as extremist groups, argues civil society groups.
EGP188m invested to establish 204 companies in Egypt
EGP175m were Egyptian investments, EGP9.8m represented investments from Arab countries and EGP3.3m were foreign investments.

Amnesty International calls for investigation of security officials
Despite incriminating evidence, Egyptian officials refuse responsibility for deaths of at least 22 fans last Sunday, says watchdog

Fighter jets agreement to be signed with France Monday
French president had announced the deal on Thursday
2 injured during Sheikh Zuweid police station attack
Militant group Ajnad Masr claim killing of police officer during Friday attack at Ain Shams police station

Egypt to repay $1bn to Qatar in October
The $1bn was the remaining amount of Qatar’s deposit at the CBE. In November, Egypt repaid a deposit worth $2.5bn to Qatar based on a formal request from Doha