Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
MENA region underperforming export potential: Experts
Regional experts discuss the obstacles facing the export diversification in the MENA region.
Minimum income criteria insufficient to needs: EIPR
EIPR study questions financing tools for wage system
Egypt unified telecom licence to be activated before 30 June: Minister
The licence would allow telecommunication companies to operate fixed-line and mobile networks, which would in turn allow Egypt’s fixed-line monopoly Telecom Egypt to offer mobile services.
Nile discolouration not a public health threat: Ministry of Water Resources
ECESR report contradicts announcements of Minister of Water Resources and Irrigation
Al-Sisi electoral programme in the works: Moussa
Amr Moussa says a number of public figures and experts are working on developing Al-Sisi’s electoral platform
Counting the cost of East Africa’s poaching economy
Kenyan and Tanzanian ports are the “primary gateway” for ivory smuggled to Asia, where demand is fuelled by increasingly affluent markets, especially in China, the United Nations Office on Drugs and Crime (UNODC) warns.
Egypt tourism totally collapsed, changes needed: Tourism Minister
Egypt’s tourism, a main source of income, has suffered dramatically since the ouster of Hosni Mubarak in 2011 due to political instability.
Dubai Investments to lift foreign ownership cap to 35%
Reuters – Dubai Investments, a diversified manufacturer and investor in property, plans to increase the limit on foreign ownership of its shares to 35% of its total capital, the company said on Sunday. Foreign investors now hold 13.7% of Dubai Investments’ shares out of the total 20% allowed, bourse data shows. The firm’s shareholders, including …
Whispers of dissent in Kremlin-ruled Crimea
Ukraine’s government estimates there are 25,000 people in Crimea like Anastasiya who want to flee the region after its Russian takeover.
Tunisia looks to win back tourists with image makeover
The North African country hopes to welcome 7 million tourists this year, a slight increase on the 6.9 million who visited in 2010 before the revolution that ousted a decades-old dictatorship and unleashed outbreaks of Islamist violence that damaged Tunisia’s reputation.
One dead as pro-, anti-Damascus gunmen clash in Beirut
AFP – A firefight between pro- and anti-Damascus factions in Beirut killed one gunman and wounded 13 Sunday, a security official said, in the latest spillover of the conflict in neighbouring Syria. The gun battle raged from 3am to 8.30am (0100 to 0630 GMT) in a poor Sunni Muslim district in the south of the …
Foreign Minister meets with Kuwaiti leaders ahead of 25th Arab League Summit
Nabil Fahmy’s Kuwaiti visit comes on the heels of a two-day stint to Beirut
Arab League: A factfile
The pan-Arab bloc was created in Cairo on 22 March 1945.
Egypt shoots for 3.4% GDP growth during next fiscal year
Gross domestic product grew by merely 1% during the first quarter of Fiscal Year 2013/2014
175,000 tons of wheat purchased, to be supplied in April
Average price per ton was $312, bringing total cost for imported wheat to $54.6m
Hungary provides Egyptians with 300 scholarships
Scholarships will cover graduate studies along with training grants in various fields
Egyptian army meets with Israeli side during tri-annual meeting
Meeting concerns military communication, sale of Apache helicopters
Egypt investors believe Sisi presidency will bring stability
Sisi offers the hope of relief from three years of political turmoil that began with the Arab Spring uprising, even though he was the man who toppled Egypt’s first freely-elected president, Islamist Mohamed Morsi.
Russian sanctions ripple through corporate boardrooms
Denmark’s foreign ministry held a special briefing for about 130 companies, including drugs firm Novo Nordisk and brewer Carlsberg on Friday after being inundated with inquiries about the business implications of the crisis.
Gilead offers Egypt new hepatitis C drug at 99% discount
While the drug will still cost $900 for a 12-week course of treatment, that is a fraction of the $84,000 charged for a course of treatment in the United States.
‘Trial of the Century’ postponed to Tuesday
Mubarak, his two sons, former interior minister, and six aides will continue standing trial on 25 March
Air Berlin to be delisted; Etihad to lift stake-report
Smaller investors, which account for 38.5% of the group’s shares, would be bought out, WirtschaftsWoche said.
Furious reaction, political split after Turkey bans Twitter
Industry Minister Fikri Isik said talks with Twitter were taking place and the ban would be lifted if the San Francisco-based firm appointed a representative in Turkey and agreed to block specific content when requested by Turkish courts.
BG Group targets job cuts to rein in costs
Reuters – Oil and gas producer BG Group has begun offering voluntary redundancy to staff at its British headquarters, the company said, as it seeks to reduce headcount and trim costs. BG Group has been hit by lower than expected production rates, having downgraded output forecasts several times over the past two years, and is …
Palestinians protest Jerusalem marathon
Police arrested four of them and dispersed the rest “with ease,” she said, adding that the race had “continued as normal”.
Three Palestinians killed in Israeli West Bank raid
The Palestinian sources said Israeli soldiers entered the camp in the northern West Bank city to arrest Hamza Abu Alheja, 20, a member of the military wing of Hamas, the Ezzedine al-Qassam Brigades.
Obama urges Lebanon to stick to election timetable
Obama thanked Salam for hosting Syrian refugees, nearly one million of whom have fled to Lebanon.
Amnesty International demands civilian trial for Ikhwanweb editor, others
Muslim Brotherhood members face military trial for trying to cross border into Sudan
24 killed as rebels fight to take Syria border post
The Syrian Observatory for Human Rights said the Islamists included the Al-Qaeda affiliated Al-Nusra Front.
Ethiopia’s GERD to begin producing electricity next year
Two of the dam’s turbines will begin generating power within 18 months, says Ethiopia’s foreign ministry