Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
EU parliament calls for ban on export of military, surveillance equipment to Egypt
European parliament passes a resolution on Thursday listing Egyptian human rights violations
Rights group calls for investigation into death of detainee
Egyptian Organisation for Human Rights calls for legislative reform to combat torture
EGP 200 fee issued on marble, granite and EGP 50 fee on sand: Abdel Nour
The Ministry of Industry and Trade issued an EGP 200 fee on each ton of marble and granite blocks, in addition to an EGP 50 fee on each ton of any kind of sand, according to statement made by Minister of Industry and Trade Mounir Fakhry Abdel Nour Tuesday. The ministry has banned the export …
800% increase in capital of bourse’s traded companies: EGX Chairman
Increase in public offering registered EGP 5.5bn during first half of 2014
South Cairo Court hands down 7 life verdicts for sexual assailants
Five cases were presented to South Cairo Criminal Court; seven out of nine assailants received life time prison sentences
Egypt deteriorates to 31st on Fragile State Index; worsening political climate at forefront
The index used this data to rate countries across 12 social, economic, and political indicators (and over 100 sub-indicators).
Army kills 7 in Sinai raid
Spokesperson says no civilians were killed
Abraaj Group to make EGP700m bid to acquire Amoun Pharmaceuticals
The company also announced Sunday its intention to acquire 100% of shares of Bisco Misr Company.
Ministers of Agriculture, Industry to discuss needs of spinning, weaving companies
Government moves to save the textile industry in view of governmental failure to recognise huge losses incurred
US extends ‘late’ invitation to Egypt for African summit
Invitation comes after Egypt reinstated to the African Union
Libyan-Egyptian truck traffic to be halted
Egyptian authorities declare state of emergency around Libyan border, truck traffic to be halted
Government officials’ reports on telecommunication sales tax conflict
No additional taxes to be announced within the coming period, Finance Ministry official
Investment minister promotes Egyptian economy to Asian diplomats
Korean delegation to visit Cairo in August will consider investment increases and invite Egypt to attend investment conference in Japan
Al-Sisi decides to merge ‘Long Live Egypt’ and the 306306 Fund
President forms committee of government and businessmen to determine work plan for “Long Live Egypt” Fund
Hierarchical restructures next step for Finance Minister: Official
Amr Badawi nominated candidate to handle the hierarchical restructures file, says official
101 Morsi supporters given 3 years imprisonment
Alleged Brotherhood members convicted of blocking roads, vandalism
Gaza situation ‘devastating and unpredictable’: UNRWA
Four thousand families flee to UNRWA facilities; Hamas’s military wing sends unmanned aircraft to Israel
Committee to curb international arbitration against Egypt: PM
Government seeking to settle some 22 investment disputes against Egypt pending before international arbitration “amicably” in order to avoid fines estimated at $20bn
Settlement for Bianco factory reached after company pays fine, fees for licence amendment
The Industrial Development Authority (IDA) has begun settlement proceedings for a factory owned by Bianco Group of Integrated Industries, after the cabinet decided to approve “the issuance of new licences for the company, allowing it to increase its productive capacity for projects to produce steel billet, while maintaining the rights of the state” in its …
20.7% decrease in tourist arrivals during May: CAPMAS
Foreign tourists arrivals not expected to increase during the current year, Chairman of the Egyptian Tourism Federation Elhamy El-Zayat
Former PM Qandil ordered release from prison
Court accepts Hesham Qandil’s appeal against one-year prison sentence
Petroleum companies operating in Egypt have reduced gas production: Ministry report
Delayed payment of debts to foreign partners threatens Egyptian gas production, says report
Tourism companies launch campaign to promote Hajj: Egyptian Travel Agents Assocation
Association launches advertising campaign on four television channels to promote coming Hajj season
Red Sea tourism rises after Germany lifts travel warning: Hotels chamber
Hotel occupancies rose to 80% in Hurghada and 35% in Sharm El-Sheikh as a result of Germany’s foreign ministry lifting travel warnings, says vice president of Chamber of Hotels
Abu Trika’s bank account frozen for not paying taxes: Finance ministry official
Account freezing is “a normal step taken with anyone”, the official says
Egypt seeking to provide next payment tranche to foreign petroleum partners
Delays in payments have hindered development, exploration and production in oil fields
Non-oil exports hit $11.8bn since beginning of 2014
Exports continue to rise for the second consecutive month, after a series of dips during the first five months of 2014
Q3 of FY 2013/2014 witnessed rises in foreign and domestic debt
Foreign debt recorded at $45.3bn, while domestic debt reached EGP 1.7tn
World Bank negotiating $500m loan for gas delivery to homes
Correction: Daily News Egypt is republishing this article because the World Bank was incorrectly said to have already approved the loan in the original article
YallaKora.com sees 135% more daily visits than market average
Around 47% of Arab online football viewers visited YallaKora.com, according to the sports’ website