Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
EGAS cuts 500m square feet of fuel from factoriesâ total needs
EGAS to no longer pump gas to EDCO factory
Information tech to double growth rate by 2020: Ministry of Communications
Ministry announces three initiatives to improve Egyptâs digital economy
Sharm El Sheikh to host 2014 WSF World Cup
The location will give hosts Egypt the chance to defend the 2011 title they won for the first time in Chennai, India, on home soil.
Egyptian ambassador to Jordan urges Egyptian migrants to legalise status
Jordan has halted immigration raids until 15 May in order to allow illegal migrants to register with the government
Badie prison attack trial delayed until 4 June
Muslim Brotherhood leader, sentenced to death last week, faces numerous trials for various charges
HP to invest over $1bn in open-source cloud computing
Reuters – Hewlett-Packard Co said it plans to invest more than $1bn over the next two years to develop and offer cloud-computing products and services. The company said it will make its OpenStack-based public cloud services available in 20 data centers over the next 18 months. OpenStack, a cloud computing project that HP co-founded, provides …
US changes visa rules to keep foreign talent
Under the changes, spouses of people with H-1B visas who have applied for permanent residency âgreen cardsâ can also apply for permission to work.
Apple on medical tech hiring spree, a possible hint of iWatch plans
Much of the hiring is in sensor technology, an area Chief Executive Tim Cook singled out last year as primed âto explodeâ.
Google Chromebooks get boost from chip-computer giants
The array of Chromebooks coming to market included the first one from Lenovo aimed directly at the consumer market. China-based Lenovo is the worldâs leading personal computer company.
Investment Law amendments unconstitutional for their protection of corruption: ECESR
Egyptian Centre for Economic and Social Rights criticises lawâs amendments for infringing on judiciaryâs ability to perform duties.
Arabian Cement aims to raise $100m with its IPO: EFG Hermes CEO
Company will announced IPO price next week
Ministers of Electricity and Petroleum apologise for continued power outages
Ministers call on Egyptians to reduce electricity consumption during peak hours
Amr Moussa meets with high-ranking American officials in Washington
Moussa visited âa number of research centresâ, politicians ahead of presidential elections
Israel gas field partners sign LOI on exports to Egypt LNG plants
Egypt, facing its worst energy crunch in years, is scrambling to secure adequate fuel supplies to avoid popular anger over power cuts.
Death toll rises in Ukraine, fresh warnings of civil war
Kiev and its Western backers see Moscowâs main aims as making sure Ukraineâs east holds a planned âreferendumâ on Sunday calling for autonomy, and sabotaging all possibility of a nationwide presidential election two weeks later.
Infrastructure work for Suez Canal Project offered on usufruct basis: SCA chairman
Revenues in April increased by 14% in relation to Egyptian pound and by 8.5% in reference to US dollar, says SCA managing director
New Kurdish opposition group calls for Iran dialogue
They dubbed it the âOrganisation of Free and Democratic Society for East Kurdistan,â abbreviated to KODAR.
Iranâs Zarif says new diplomacy has isolated Israel
Israeli Prime Minister Benjamin âNetanyahu shamelessly makes a scene saying Iran denies the Holocaust, Iran wants to build a nuclear bomb to carry out another Holocaust,â Zarif said.
Boko Haram girls âsaleâ could be crime against humanity: UN
Anger and frustration have escalated in Nigeria at the governmentâs failure to find the girls.
Lebanon rapped for blocking Palestinians fleeing Syria
AFP – Human Rights Watch and a UN refugee agency expressed concern on Tuesday that Lebanon was blocking Palestinians fleeing Syria from entering the country. UNRWA, the UN agency for Palestinian refugees, said it was âconcerned about the increased restrictions on Palestine refugees fleeing the conflict in Syria from entering Lebanonâ. âWe are monitoring the …
Fahmy meets African Union Peace and Security Council commissioner, discusses Egypt-AU ties
Egyptian FM also visits Saudi Arabia, Emirates to discuss environmental issues, aid to Egypt
Criteria for coal use to be announced in May: Tourism official
The Adabiya Port of Ain Sokhna will no longer be receiving coal
Over EGP 130bn needed to develop Egyptâs CIT infrastructure: Communications minister
When communications and IT are updated, GDP growth rate can reach 7% by 2020, says Helmy
Vodafone to invest EGP 9bn in Egypt
Investments expected to provide 3,000 job opportunities until 2017
EU observer mission in Egypt launched ahead of presidential poll
Sabahy and Al-Sisi continue campaigning
First IPOs summit sheds light on companiesâ listings in stock market
In 2013, a total of nine companies were listed amounting to EGP 0.2bn
Gulf Arabs free fuel for Egypt reaches $6bn in value
The aid helps reduce the heavy costs of government fuel subsidies and the drain on foreign exchange reserves.
Telecom Egypt agrees to pay EGP 2.5bn for mobile licence
Reuters – Fixed line monopoly operator Telecom Egyptâs board of directors agreed to pay EGP 2.5bn ($356.76m) for a mobile licence, the firm said in a statement on Monday. The telecommunications minister announced last month that Telecom Egypt was offered a mobile licence for EGP 2.5bn but that it would not include new frequencies, such …
Deadly battles rage on fringe of east Ukraine town
One Ukrainian military commander said the shooting involved automatic small arms and heavy weaponry, believed to be from armoured vehicles the rebels captured last month as well as other big-calibre weapons and mortars.
Palm Hills in talks over $342.m loan
Reuters – Egypt’s Palm Hills said it is in talks with the Arab African Bank over a EGP 2.4bn ($342.49 million) loan which it will use to finance projects and refinance some loans, it said in a statement posted on the bourse on Monday. The country’s second-biggest listed property developer said that in addition to …