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

Minor clashes erupt as Ain Shams students mourn colleague
Police car burned in Alexandria, Azhar students clash with security forces during Friday protests

Kharabeesh obtains YouTube Certification
It is the first MENA region multi-channel network to receive this accreditation, the company says

BlackBerry aims to reverse emerging market slump with budget handset
Just two years ago, the Canadian firm had a 40% share of the Indonesian market, shipping more than 600,000 handsets per quarter in a country once known as âBlackBerry Nationâ.

Egypt ranks third regionally in number of malware detections in Q1 2014
Egypt had the highest level of local infection with 51.3%; online risks were moderate, Kaspersky Lab says

Presidential elections begin Thursday for Egyptians abroad
Egyptians across 124 countries will begin voting on Thursday

Egyptâs Arabian Cement Company shares to start trading on Sunday
Arabian Cementâs initial public share offer was 18.5 times oversubscribed, an official at CI Capital, who advised Arabian Cement Company on their IPO alongside EFG-Hermes
Al-Futtaim Group Egypt to launch new Honda City model in July at EGP 165,000 starting price
By Islam Atris Nile Trading and Engineering Company Al-Futtaim Group Egypt, Hondaâs agent in the country, will release the new design of the Honda City model in July at a starting price of EGP 165,000. Al-Futtaim will release the car during the second half of 2014, and will begin supplying the model to Hondaâs authorised …
Egyptâs Talaat Moustafa posts 15% increase in Q1 net profit
Reuters – Egyptian property developer Talaat Moustafa posted a first-quarter profit after tax of EGP 160.8m ($23m) on Wednesday, up 15% from a year earlier, it said in an emailed statement. Revenues fell to EGP 1.14bn from EGP 1.52bn, it said.

Souq.com launches Online Marketplace University
The e-commerce website stated that this come as part of its âcommitment towards shaping the countryâs e-commerce industry and its budding online entrepreneursâ

Israeli mobile operator Cellcom profit up more than forecast
Cellcom was forecast to earn ILS 86m shekels on revenue of ILS 1.18bn, according to a Reuters poll.

180 e-readers to assist with expatriate voting
The technological devices will facilitate voting process, eliminate double voting, MCIT says
Foreign ministry meets German delegation to discuss EU monetary aid, transition
Egypt and Germany also talk about parliamentary cooperation

Amnesty International warns of enforced disappearance of hunger striking journalist
Statement highlights risk of torture, encourages public to write Egyptian authorities
Police officer, attacker killed in Sharqeya shootout
Sharqeya continues to be flashpoint for attacks against police officers

Citadel Capitalâs Sphinx Glass receives a $112m purchase offer
The company who made the purchase offer remains unidentified.

Morsi trial postponed to Wednesday
The trial of ousted president Mohamed Morsi on Tuesday was postponed one day
Scottish trade mission visits Cairo and Alexandria
The delegation is comprised of eight companies considering potential projects in the energy sector, the British embassy in Cairo says

EGP 4.2bn agreement signed between Carbon Holdings and Drake & Scull International
DSI will exclusively join the international consortium of Italian and Dutch companies, which was signed last month and amounted to $1.7bn

Abraj Misr preparing to go public on EGX in 2015
Real estate company to implement new projects in New Cairo, Heliopolis and north coast region

Mehleb considers amending touristic land ownership law
PM to meet the head of Sinai Development Authority, Minister of Tourism, and South Sinai governor next week in that regard
Communication of Egyptian government needs improvement: OECD
Report criticises labour market and education system; describes them as structural weakness

Baghdad bombs against Shiâa kill 25
At least nine car bombs went off throughout the morning, when the city is typically gridlocked.

Former Israel PM Olmert gets 6 years jail for bribery
Olmert is the first former prime minister of Israel looking at a prison term for corruption.

Kidnapped Jordan envoy freed in swap for jihadist
A plane carrying Aitan touched down at Marka military airport in Amman, and he was greeted by relatives and officials led by Prince Faisal bin Hussein, the brother of King Abdullah II.

Turkey PM rebuffs criticism over press freedom
Erdoganâs speech to parliament followed a report by the US-based watchdog Freedom House earlier this month, which downgraded Turkeyâs status from âpartly freeâ to ânot freeâ and said the country had seen the biggest decline in press freedom in Europe.

Cairo Court for Urgent Matters upholds legality of police presence on campuses
SAC calls for protests at Ain Shams, Cairo universities

Use of coal would require EGP 140m investment: South Valley Cement
Cement company says it is aiming to increase investments in order to double its production capacity

Turkey court hears witnesses in police murder trial
Yapici said once Korkmaz regained consciousness he was again kicked on the head and as he fled his attackers, was set upon by plain-clothes policemen with gas masks who ruthlessly kicked and beat him on the legs.
ISIL slams Qaeda chief, refuses to quit Syria
AFP – A powerful jihadist group battling Al-Qaedaâs affiliate in Syria has sharply criticised the global terror networkâs leader in a statement, rejecting his call for them to leave the war-ravaged country. The audio recording, purportedly made by Islamic State of Iraq and the Levant spokesman Abu Mohammed Al-Adnani, also urged Ayman Al-Zawahiri to remove …
Migrant boat sinks off Italy, several dead: Report
AFP – Several people were reported killed on Monday after a boat packed with around 400 migrants sank off the coast of southern Italy, Italian media reported, adding that around 200 of the passengers had already been rescued. ANSA news agency said the incident happened some 100 nautical miles (185 kilometres, 115 miles) from the …