Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
Qalaa Holding seeks to raise $300m from projects’ exits
The company exited Bank of Sudan, Sphinx Glass and Pharos Holding

Egyptians in Libya prefer to stay
Despite escalating turmoil, Egyptians in Libya said they are unwilling to return to Egypt

Libya executions spark condemnations, aggressive rhetoric
Organisations, governments demand unified response as Libyan ambassador warns of further attacks on Copts

Capital market sheds EGP 9.2bn
Trading day delayed for a minute to mourn lost Egyptian lives
OCI’s engineering and construction branch starts demerging
Demerged engineering and construction arm will be dually listed in Egypt and Dubai
Egyptian football league to resume on 19 February
The league was postponed indefinitely after the Air Defence Stadium drama

Leaders, businesses confirm Economic Summit attendance
Prime Minister Ibrahim Mehleb invited businessmen and investors to participate in Egypt’s Economic Summit and urged them to pump more investments into the country during his visit to the Dubai Government Summit in February.
Petroleum Ministry, EGX negotiations to fund, structure oil companies: Minister
We are studying ways to benefit from EGX to structure companies needing financial development without burdening state treasury, says Sherif Ismail

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
Emaar Properties reports 30% Y-o-Y increase in net profit
Last week, Emaar Misr made official request to list on Egyptian stock market

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

Conscript killed, 3 officers injured in attack in Qaliubiya
Victim suffered gunshots to the head

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 …

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

Al-Sisi meets 12 new ambassadors
President seeks fostering bilateral relations with different countries

ISIS claims kidnapping of Egyptians in Libya
Egypt “will spare no effort” in search for kidnapped Egyptians, presidency says

Court releases Al Jazeera defendants, postpones retrial
Fahmy’s fiancée and family expressed confusion over why the Canadian national was standing retrial

Testimony of Air Defence Stadium killings: Romany Samir’s delay saved his life
“Security deliberately let crowds suffocate, attacked them, sat back and watched. I was not searched and there were about 30,000 in the stadium,” says witness

Housing projects, land offered at month’s end: Minister of Housing
Allocation of EGP 28bn underway for new housing budget

Mehleb attends Dubai Government Summit
Dubai is the city of happiness, welfare, and security, says Mehleb

Canadian PM calls for Mohamed Fahmy’s immediate release
Al Jazeera journalists to be re-tried tomorrow

Al-Sisi meets UK House of Commons delegation
The delegation is following up on the Arab Spring report

US ‘does not believe’ Egypt and Russia will end dollar usage
State Department spokesperson Jen Psaki says US supports nuclear power programme under Nuclear Nonproliferation Treaty

55 students receive Edexcel High Achievers award
Education changes lives, education changes countries, says Seetha Kumar

Russia vs China: The biggest slice of yellowcake
Putin’s visit to Egypt raises major questions regarding funding for Egypt’s potential nuclear energy programme