Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
Kantar Worldpanel launches in Egypt
First dataset on consumer behaviour in Egypt to be available by January 2015
EETC to offer international tender to implement Saudi Link project
The project will include the creation of a transmission line to transfer gas between the two countries at peak times for each country at a maximum of 3,000 MW.
US confirms support for Egypt’s economic reform programme
Government seeks to restore the confidence of international markets in Egyptian economy and gain support for economic reform programme
Military trial for civilians postponed to 28 August
Military court postpones trial for nine civilians accused of designing submarine with intention of attacking Suez Canal
Egyptian exports to the USA drop 37.6%, imports surge 7.6%
Flow of investment between the two countries also declines 61.7%, CAPMAS
16 defendants sentenced to 10 years prison
Cairo Criminal Court sentences 16 to 10 years in prison for storming police station
Egypt to hold international development conference by 2015
Country represents US link with Africa: Mehleb
Advertisers appeal to ‘egocentric’ youth culture
Coca-Cola’s campaign, which was originally launched in Australia, has dramatically changed Coca-Cola’s sales around the globe, especially among teenagers and young adults, according to Ogilvy, the advertising company which designed the original campaign.
IFC, EBRD invest $60m in Mall of Arabia
Investment will be accompanied by additional $20m loan from the CIB
1 in 5 Egyptians experience food insecurity: Australian research firm
Gap between agriculture production and estimated population growth increasing, Australian research firm said
Orphanage shut down after manager tortures children
Osama Mohamed Uthman, manager of orphanage, is arrested after his wife filmed him torturing children
Egyptian government presents trade, technology projects to India
Government conducts broad international talks to revive confidence in Egyptian economy threatened by political turmoil
Tourism ministry aims to increase Gulf visitors by 20% by end of August: Ministry official
Ministry of Tourism collaborates with EgyptAir and Air Cairo to launch flights between Riyadh, Jeddah and Kuwait to Sharm El-Sheikh and Hurghada
Tax evasion reaches EGP 6bn in one month
Egyptian government has previously announced a 1.6% estimate increase in tax revenues during the current fiscal year
Egypt ceases supplying gas to Jordan indefinitely: EGAS
The official noted that the contracted amounts of gas exports to Jordan are 255m cubic metres of gas daily.
Douma trial postponed
Renowned activist accused of committing violence in 2011
Security forces block ‘Art is a Square’ street festival
The shut down comes two weeks after festival organisers of Al-Fan Midan (Art is a Square) struck a deal with the Ministry of Culture to provide funding and facilitate government clearance
Al-Tayyar Al-Sha’aby demands immediate release of student member
Amru Saleh, an Alexandrian student, arrested for confrontation with police officer
Tense Egyptian-US relations evident in Africa summit
US is striving to expand its influence in Africa, Egypt heads project to develop its African interests, strategic expert says
Al-Sisi looks into 3 ‘major’ investment projects
President seeks to establish facility for wheat and grain storage with a cost of EGP 100m
State Council requests Ministry of Petroleum amend mineral resources law
New law to regulate mining and quarrying expected to generate EGP 3-4bn annually in returns for the state
Egypt participates in US-Africa Leaders Summit in Washington, DC
Al-Sisi administration hopes to take advantage of the summit to reassure US businessmen regarding the Egyptian economy
EGAS says it is owed EGP 16bn by industrial sector
Debts owed to Egyptian gas holding company EGAS for quantities of gas obtained by the industrial sector reached EGP 16bn by the end of July, according to a senior company official. Factories were notified in February that gas supplies will be cut in the event of non-payment of debts, but no significant measures have been …
EGP 30m allocated to construct Assiut axis road
The complete project expected to cost EGP 300m, Assiut Governor Ibrahim Hamad said
Egypt intensifies efforts to evacuate its nationals from Libya
Egyptians arrive from conflict-torn Libya as militant fighting intensifies in neighbouring country
Prosecutor general orders release of 45 students for Eid
Others with health, humanitarian issues will be pardoned
Gazans salvage their dead during humanitarian ceasefire
Death toll rises as more bodies are found under the rubble during ceasefire
Anti-harassment group to form Eid operation rooms
Group says sexual harassment is worse during holidays
Rise of interest rate to have limited effect on stock market: Experts
Economic experts give different reasons for the limited impact of the interest rate hike on the stock market
National Bank of Egypt, Banque du Caire, and Banque Misr increase returns on savings certificates
A number of government banks raise returns on savings certificates to attract liquidity, fight inflation, and increase individual returns