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

Dana Gas, BP sign participation agreement
BP to start drilling in El-Matariya onshore Concession Area in first half of 2016

Turkish news agency closes Cairo office
Anadolu staff members deny Al Jazeera report that Egyptian government forced closure

Khaled Said’s family demands EGP 5bn compensation
Money will be used for charity, says the victim of police brutality’s mother

Detention renewed for prominent Al-Azhar cleric
Al-Azhar cleric and his brothers are to be detained for 15 more days

Financial services, real estate companies lead stocks’ trade in May
Value of traded securities during previous month totalled EGP 18.3bn

GDP to grow 5.6% annually between 2020 and 2030: HSBC
Oil contribution to exports to drop to 14% by 2030, electronics exports may rise at 11% per annum during next 15 years

Solar Impulse II introduced in Cairo
The aeroplane is entirely powered by solar energy, and has started its first-ever 35,000 km journey around the world in March
Imprisoned 16-year-old passes exams from jail
Family strongly denies charges of violence handed to child

External debt declines to $39.9bn in March: CBE
March’s figures compare to June 2014, where debt amounted to $46.1bn

Politically involved students ‘forcibly’ disappeared
Ministry of Interior spokesperson denies the arrests

Egypt is the castle that will protect us against immigration: French nationalist leader
Anti-Muslim politician Marine Le Pen finds common ground against extremism with Al-Azhar grand imam

European tourists drive hotel room profit during Ramadan: Colliers International
Demand maintained in Cairo, while Luxor sees lowest revenues and occupancy rates

Bank Audi earnings rise 63.2% in Q1 2015: Deputy Chairman
Bank provided loan worth $90m to EEHC for emergency plan to solve electricity crisis in summer of 2015
In Pictures: NDP headquarters demolished
Parts of the headquarters of the National Democratic Party (NDP) of former president Hosni Mubarak were demolished on Sunday. The headquarters were burned during the 25 January Revolution, having not been in use since Mubarak’s ouster. The site of the building, close to the iconic Tahrir Square in downtown Cairo, will be used for a …

NCHR report condemns Sinai terrorism, Muslim Brotherhood
Despite condemning pre-trial detention and military trials, journalists say report “too gentle” on state authorities

Surprise reconciliation between Mortada Mansour and Tarek ElAwady
The two lawyers have signed that they have full professional respect for one another

Coptic families forcibly displaced after Beni Suef attacks
Christian newspaper reports local Muslims tried to protect Copts from villagers angered over “insults to Islam”

Public park to substitute NDP headquarters
Cairo Governorate ordered demolition of NDP building Downtown

AfDB loans worth $140m finalised for Sharm El-Sheikh airport extension
A grant amounting to $1.7m also provided for the development of the airport’s second phase

Al-Wafd Party leader sacks opponents in peak of internal crisis
Secretary General Fouad Badrawi and six supporting members dismissed Friday

NCFPMAC urges Al-Sisi to stop ‘government recklessness’ in fuel price increases
Transportation fares expected to increase due to lack of government supervision, centre said

Egypt continues to defend courts despite ongoing criticisms
International rights organisation FIDH welcomed the acquittal of 17 Al-Sabbagh witnesses, but say that “judicial harassment” is ongoing

Egypt ranks joint-3rd for attacks on hotels in 2015
January’s mass attack in North Sinai which struck military hotel puts Egypt into third place

‘Gaza is ‘paralysed’ when crossing closes: Rights worker
Egypt re-closes Rafah crossing after three-day opening

Prosecution renews Cairo University student detentions
Students accused of belonging to Students Against the Coup movement

NUCA offers 7 bids in 4 cities
Bids include developmental projects in New Cairo, Beni Suef and New Aswan

Qalaa Holdings expected to exit Dina Farms, Rashidi El Mizan by Q3 2015: MD
It is expected that by the third quarter (Q3) of this year, a final agreement will be settled.

Telecom Egypt CEO sacked
Tarek Aboualam and Khaled Sherif most likely candidates to replace El-Nawawy
Insurance premiums reach EGP 4.3bn in Q1 2015
Life insurance premiums register EGP 2.6bn in Q1 2015

Renowned writer’s trial for ‘insulting Islam’ on Facebook adjourned to 29 July
Fatima Naoot called Islamic religious sacrifice of animals a “massacre”