Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
Numerous cases on Turkey, 6 April, Anti-Coup Alliance referred to prosecutor general
Pro-government lawyer claims to have proof that revolutionary 6 April movement is collaborating with foreign intelligence
Voters’ age lowered in new Patriarch Elections’ Regulations
Age limit had previously caused controversy amongst Coptic community
More families evacuate Gaza borders in North Sinai
Local residents shed light on security state’s impacts on everyday life
EGP 2bn investments in coming 2 years: Mohammed Abou El-Enein
Investments will include new project in Marsa Alam and shopping mall in Sheikh Zayed
State proceeds with Gaza border evacuation process
Compensations for displaced families, business owners and local civil organisation, state media report
Conscript injured in Suez shooting
Unidentified armed group opened fire on police patrol
Solb Misr to pump $200m in investments: El-Garhy
Al-Garhy says his company has invested approximately EGP 14bn so far
Officials deny reports of army-run institutions for homeless children
Reports in local media suggested Ministry of Defence project tackling problem of street children was underway
Arab Summit preparation meetings commence
Preparation meetings scheduled over next four days to prepare for Arab Summit
Crackdown on Socialist Popular Alliance Party continues
Killing of Shaimaa Al-Sabbagh prompts series of crackdowns on party members
Italcementi currently focused on energy diversification: CEO Carlo Pesenti
The company is working on converting two of its facilities to coal
Basic minimum wage jumps from EGP 250 to EGP 870
The basic minimum wage for the public sector rose from EGP 246 to EGP 870, according to Tarek Elhasry, Director of the Administrative Reform Programme lead by the Ministry of Planning (MOP). A new civil services law adopted by the ministry was launched as a part of an administrative reform plan. The law was activated …
Potential law denying witness testimony threatens judicial fairness: HRW
International rights group calls on President Al-Sisi to reject proposed criminal law amendments
Relatives of Shura Council detainee arrested, released over diabetic sweets
Mother and brother were trying to bring in special sweets for diabetic son, who is detained in the Shura Council trial
A butterfly effect could turn things upside down: Hala Shukrallah
Daily News Egypt spoke to Shukrallah about the future of politics in Egypt, and whether the rule of the military is serving democracy
MOPCO lists on EGX with EGP 2.3bn
MOPCO is third biggest nitrogen producer globally
Press Syndicate elects new head, signals reassertion of independence
New chairman Qallash expected to be more supportive of rights and free press than predecessor
$500m loan provided by World Bank to support social housing project
Negotiations over a $500m loan from the World Bank have been finalised, according to Minister of Housing, Utilities and Urban Communities Mustafa Madbouly Saturday. The loan, which is to be repaid over a five-year period, is to support the 1m residential units’ project, also referred to as the “social housing project” that is backed by …
Tourism sector will boom in coming period: Travco Egypt managing director
Summit should pass “safely” to validate the conference’s goal
Revised legislations, facilitated lands availability to boost real estate: Maxim Holdings Board Vice Chairman
Egypt’s Economic Summit will launch an era of developments, according to Vice Chairman of the Board of Directors with the commercial sector of Maxim Holdings, Amr El-Kady. El-Kady added that the real estate sector is continuously growing despite the political challenges of the past four years. The government’s trend of new legislations will further encourage …
Growth awaits residential, commercial real estate development: EIG Inc marketing and sales director
Big demand for middle, upper-middle housing units by large segment of society, significant increase in demand of malls and administrative centres
Industrial sector in ‘state of crisis’, solutions for energy problem, regaining confidence of international markets is necessary: Alaa Arafa
Alaa Arafa, chairman of Egypt’s largest textile and clothing manufacturer and retail stores Arafa Holding, said Egypt’s industrial sector is still suffering and is in a state of crisis. He added that it needs to overcome the obstacles, asserting that the CBE’s gradual reduction of the Egyptian Pound will contribute to encouraging industry more …
Egypt will recover if energy shortage is resolved to improve sluggish industry, says Al-Zorba
The government’s economic policies are still shrinking, while the Egyptian industry sector is suffering sluggish activity. The economy has to be encouraged to overcome the challenges of aggravating budget deficit and inflated debt, according to Former Federation of Egyptian Industries Chairman Galal Al-Zorba. He added that industrial sector reform is the only means to eliminate …
Government should repay all fuel dues to foreign partners: Official
An oil company official said the government should repay full dues to foreign partners and approve gas price amendments that have been agreed upon to stimulate investments in the sector. Egypt will face stability in oil and gas production rates during fiscal year 2015/2016 as a result of a number of companies reducing their investments, …
First retrial session in Abu Za’abal officers’ case
The verdict in the case was overturned in June by the Appeals Court
Tax authority issues 2m property tax exemptions
Notifications were sent to 6.3m residential units
Activist sentenced to 6 months in prison for ‘inciting workers to strike’
Ayman Al-Fakhri was arrested while demonstrating in solidarity with Helwan industrial workers
EGOTH targets revenues at EGP 120 in next FY
Egyptian General Company for Tourism and Hotels will pump EGP 900m for development of its hotels and resorts to make up for losses
Cairo comics creator publishes Egyptian Manga
The Captain blends an Egyptian sense of humour with Manga storytelling
Chinese smart- phones continues to infiltrate Egyptian market
75% of mobile phone prices to drop under $100 by 2020, says El-Motaheda CEO