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Latest in Tag: Daily News


Egypt’s Citadel to sell Sudanese Egyptian Bank

Reuters – Citadel Capital is in talks to sell its 66.1% ownership in the Sudanese Egyptian Bank as part of a programme to shed non-core assets, it said in a statement on Wednesday. Citadel is narrowing its focus to energy, transport, agrifoods, mining and cement and plans to gradually shed holdings outside those areas over …

Daily News Egypt

High time for high-speed rail: Minister of Transport

By Rehab Saber Egypt’s plan for building its first high-speed passenger rail project, which had been shelved for years has been made a top priority for the interim government, according to Minister of Transport Ibrahim El-Demeiry. El-Demeiry served in the cabinet of former prime minister HazemEl-Beblawi and maintained his post during the cabinet reshuffle in …

Daily News Egypt

Three suspected jihadists dead in Tunisia police raid: Ministry

AFP – Security forces killed three suspected jihadists in an anti-terrorist operation Monday in a region of northwest Tunisia where Islamist militants shot dead four people last month, the interior ministry said. The police surrounded a house in the Jendouba region straddling the Algerian border and killed “three terrorists,” ministry spokesman Mohamed Ali Aroui said, …

Daily News Egypt