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

Al- Sisi meets Spanish economy minister, businessmen
Officials discuss prospects of Spanish investment in Egypt, presidency says
EGP 180bn collected in taxes for first 3 quarters of FY 2014/2015
Meeting to take place to determine next step for capital gains tax

âBring back expelled studentsâ: AFTE campaign
Expulsion of students for engaging in political activities is a major violation for Egyptian universities, group says
Presidential demands, boycotts and bouncing cheques: The strange case of Sainsburyâs in Egypt
The CEO of a UK supermarket has been given a prison sentence in Egypt, but it is only the latest instance in a bizarre, ongoing story

EFSA hosts IOSCOâs âGrowth & Emerging Marketsâ meetings
The event was said to represent the largest gathering of capital market regulators to take place in Egypt

Chevrolet, Hyundai lead automotive market sales
Volume of vehicles YTD sold reach 72,193 units

Egypt, Canada trade volume was $1.1bn in 2014: Canadian Chamber Chairman
Numbers show that the balance of trade between both countries in 2014 was in favour of Egypt, whereby 80% of Egypt’s exports to Canada were gold

EGX-30 drops 1.92%, bourse losses register EGP 8.13bn
Total losses of the week recorded EGP 19.5bn so far
Irish FM tells Shoukry of âdisappointmentâ on case of imprisoned national
19-year-old Irish citizen Ibrahim Halawa has been detained in Egypt for over 600 days

Imprisoned Christian journalist to face blasphemy charges
Former-Muslim previously charged with âinciting sectarian strifeâ appears to be state security target

Capital market sheds EGP 7bn
ICFC announced intention to increase capital from EGP 30m to EGP 45m early Monday

âHuman life has become cheapâ: Al-Ahram
Article in state-owned newspaper follows caustic reports in newspapers Al-Masry Al-Youm and Al-Dostour that targeted police violations

Surplus cement supply stabilises prices for 5th month
854,000 tonnes of cement were produced in April, states Minister of Supply

Mobinil net losses shrink to EGP 35m
The company registered net losses of EGP 177m in the first three months of 2014

Consumer Protection emphasise maintaining mineral water pricesÂ
Demand for mineral water has increased since the spillage of 500 tonnes of phosphate in the river Nile last week, causing a fear of poisoning through the water supply.

Egypt, Indonesia trade exchange increases by 21%
Meanwhile Egypt’s imports from Indonesia include chemicals and fertilisers, readymade clothes, weaving and textiles, furniture, leather products and others.

90% of sunken phosphate removed from Nile: Environment minister
Government maintains there is no link between Sharqeya poisonings and sunken phosphate

Shoukry to attend Nuclear Non-Proliferation conference
Egypt has pushed for a nuclear weapons-free Middle East since 1970s

CBE maintains key interest rates
The CBE also kept the discount rate unchanged at 9.25%.
11 Beheira residents receive 15-year prison sentences
Young men were arrested in at a residence during Ramadan, detainee support initiative says

Sudan âpausesâ fishermenâs trial
Families of fishermen are very worried, but theyâre waiting to see what Egypt will do, says fisherman

Arab military chiefs discuss âjoint military forceâ
Military leaders meet to discuss Arab Summit decision for joint armed force

Rights groups call on Turkey to recognise Armenian genocide
Turkey should, after 100 years, recognise âthe extent of atrocities committed against the Armenian peopleâ, Arab and Amazigh rights groups say

ERBC seeks to diversify products exported to Russia
The council is hoping to fix logistical problems faced in exporting products

EFG Hermes increases capital by EGP 391.83m
Increasing authorised capital from EGP 3.2bn to EGP 6bn has also been approved by EGX
Student given 5 years imprisonment by military court
Presidentâs decree on military tribunals applied retroactively to event which allegedly occurred six months before

Morsi âtried not as an individual but as a regimeâ: Lawyer
Hoda Nasrallah of the prosecution comments on some of the legal irregularities in Tuesdayâs verdict

Egypt’s Railway Authority’s 2015/2016 budget may reach EGP 12.8bn
The investment plan will be the authority’s largest and would focus on the much-needed revamping of run down facilities

Egyptâs e-commerce activity expected to double: Souq.com co-founder
Egyptians prefer using domestic shopping websites, says MasterCardâs online shopping behaviour report

Tourism ministry targets 20 million tourists, $26bn income in 2020
Tourism Ministry aims to attract visitors with higher spending powers, increase touristic sales over the Internet