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

Egyptian Junior Business Association to develop renewable energy
The conference, organised by the Egyptian Junior Business Association in cooperation with the environment compliance office and under the framework of the âAlashan Bokraâ (For Tomorrow) initiative
Egypt energy subsidy bill to rise by 10-12% next year: Minister
Reuters – Egyptâs Finance Minister said on Sunday spending on energy subsidies next year will be 10-12% above the EGP 130bn ($18.66bn) budgeted for the current fiscal year, unless immediate reforms are made. Successive governments have stressed the importance of reducing energy subsidies, which account for more than 20% of state spending, but none have …

The new âsilk roadâ, a rail link from Chinaâs factories to heart of Europe
Duisburg is a steel-making town of around half a million on the confluence of the Rhine and Ruhr rivers that boasts the worldâs biggest inland port and is one of Germanyâs most important transport and commercial hubs.

Kerry, Lavrov hold talks in scramble for Ukraine solution
The diplomatic push comes amid alarm over Russiaâs military buildup on Ukraineâs borders, fanning fears it plans to seize more territory following its lightning annexation of Crimea.

Two Spanish journalists freed in Syria: colleagues
El Mundo correspondent Javier Espinosa, 49, and freelance photographer Ricardo Garcia Vilanova, 42, were âfreed and handed over to the Turkish militaryâ, the Spanish newspaper said on its website.

Netanyahu slams UN rights councilâs censure of Israel
The motions on the Palestinians were carried by 46 votes to one, with only the United States against, while the Golan resolution garnered 13 abstentions and a US ânoâ vote.
Hunt is on for new emerging tigers: MINT, PPICS and CIVETS
AFP – For more than 10 years the rise of big emerging markets has re-shaped the global economy but these are now slowing with maturity, and the hunt is on to identify which upstarts will be tomorrow’s tigers. The big five, which recently helped the world through financial crisis but are now experiencing marked growing …
Russiaâs Lukoil begins output from giant Iraq oilfield
Reuters – Russiaâs Lukoil began commercial production from one of the worldâs largest untapped oilfields in Iraq on Saturday, as the country raises output to record levels. Production from the giant West Qurna-2 is eventually expected to reach 1.2m barrels per day (bpd), from an initial 120,000 bpd. The field is one of several that …
Four MOI conscripts shot in Sheikh Zuweid
Conscripts were on their way home for leave when they were attacked

Ministry of Housing to offer up terms of reference for 4,000 plots of land in 9 cities
Ministry cooperating with Housing and Development Bank to provide residential units as part of a social housing programme

Court sentences two to death for killing child
Death sentence of two men involved in deadly Sidi Gaber clashes referred to the Mufti

Government aiming to double trade at maritime ports: Transport ministry
No intentions to privatise the maritime ports, transport ministry official says

Fahmy, Kerry speak by phone
Call clarifies Egyptian stance on Palestinian peace talks, bilateral relations
Egyptian national gunned down in Benghazi
Another Christian killed in Libya as Egyptian foreign ministry demands thorough investigation

Egyptâs economy to strengthen from 2014 to 2016: HSBC
Trade with Europe shows promise during the next six months, the bankâs latest report noted

Military trial of journalists slated to continue on Sunday
Two RNN journalists face charges for alleged leaks of former Minister of Defence Al-Sisi

Russia vows no Ukraine invasion as leaders seek solution
Ukraine is now entering a crucial phase in its development after the fall of pro-Kremlin president Viktor Yanukovych in February, as the clock ticks down to 25 May presidential elections which are expected to cement Kievâs pro-West course.

Turkish PM in fight against shadow enemy
Out on the campaign trail ahead of Sundayâs local elections, there are few doubts about who Prime Minister Recep Tayyip Erdogan has in mind when he vows to âliquidateâ his foes.

Egypt army extends power by taking charge of Gulf aid
Bread is a politically-explosive issue in Egypt â failure to deliver it at an affordable price has triggered major riots in the past and the government wants to boost its storage capacity to reduce its reliance on international markets.
‘No particular progress’ in 2013: EU report
EUâs annual European Neighbourhood Policy Report on Egypt says little progress was made in Egypt last year

Twenty-two year old journalist killed during Friday clashes
Al-Dostourâs Mayada Ashraf is the tenth journalist killed in Egypt since 2011
Qatar buys helicopters, missiles in $23bn arms deals
Reuters – Qatar announced contracts worth about $23bn on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up. The worldâs top liquefied natural gas (LNG) exporter announced deals with about 20 global companies, including firms from the …

Russian industrial zone to be established in Egypt
Russian and Egyptian governments to start negotiations on the establishment of a free trade zone between Egypt and the countries of the Customs Union
Egypt’s 2014 energy deficit originally expected for 2022: Government official
By 2022, energy usage should be reduced by 10%, says head of energy efficiency department in the Information and Decision Support Centre

Joint initiative aims to save Egyptian children from exploitation in illegal immigration
Baladna Awla Beweladna spreads awareness and develops youth vocational skills

Arab League refuses to recognise Israel as a Jewish state
Adly Mansour discusses Palestine, Syria, illiteracy and terrorism in his address at the 25th Arab League Summit
Communications ministry signs agreement with Microsoft, IBM, Henkel and Valeo
The agreement expected to increase Egyptian IT exports by around $20m, according to a ministry statement

Souq.com raises $150m
The largest e-commerce platform in the MENA region plans to use funds to deepen technological investments

PM launches system to receive citizen complaints
The experimental operation of the service includes running a hotline and setting up a website

Badie and 51 others to stand trial next week for âoperations roomâ case
The Muslim Brotherhoodâs Supreme Guide is accused of misleading the public and âspreading chaosâ on 14 August