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

Crimea declares independence from Ukraine, applies to join Russia
The document was approved by all 85 deputies present in the 100-seat assembly, after a disputed referendum on Sunday in which Crimeans voted overwhelmingly to join Russia.

Nicotine patches no help for pregnant women who smoke
Researchers in France asked more than 400 women who smoked at least five cigarettes a day to try either a nicotine patch or a dummy patch called a placebo.
AB Maritime to launch Basra-Dubai line – Al Souob
By Rehab Saber Arab Bridge Maritime (AB Maritime ) plans to launch a maritime line joining Basra in southern Iraq and the UAE by hiring two passenger ferries with an initial cost of $2m annually, AB Managing Director Hussien Al Souob said. AB Maritime intends to buy the two ferries if the new line proves …

Water minister heads APP meetings in Aswan
Studies conducted on forming fish farms using saline groundwater will be reviewed during the meeting, says APP representative

IMC benefited 397 companies in 1HFY: Minister of Industry
The centre aims to offer 2,084 new services to support around 625 industrial entities, IMC CEO says
EMEA Oil & Gas winners and losers in Ukraine crisis: Fitch
Reuters – Fitch Ratings says BG Energy Holdings Ltd, BP plc, Royal Dutch Shell plc and Total SA are among the rated oil and gas companies in EMEA that stand to gain from a potential shift in EU countries’ energy links with Russia over time, while OAO Gazprom and NJSC Naftogaz of Ukraine, are most …

Foreign minister calls for Geneva peace talks to resume
Nabil Fahmy says a political solution that leads to âchange, freedom, and democracyâ is the only way to end the âtragedyâ of the Syrian conflict

Crimea holds referendum to split from Ukraine
Ukraineâs new government and most of the international community except Russia have said they will not recognise a result expected to be overwhelmingly in favour of immediate secession.
Kerry pressuring the wrong side: Israel minister
AFP – An Israeli minister on Sunday said Washington’s top diplomat was âwrongâ for pressuring Israel in peace talks, a day before Palestinian leader Mahmud Abbas visits the White House. His remarks came two days after US Secretary of State John Kerry criticised Israeli Prime Minister Benjamin Netanyahu’s repeated demand that the Palestinians recognise Israel …

Court rejects appeal for Ahmed Ezz imprisonment
Steel tycoon still facing charges

ANHRI condemns attack that killed five military policemen
Arab human rights group calls Saturdayâs attack âblack terrorismâ

RWE Deaâs gas operations in North West Khilala prove successful
Company plans to produce around 11.4bn cubic metres of gas from the 7 gas fields in the first phase of the Disouq Development Project
Egypt regulator rets rules for index, real estate funds
Reuters – Egypt’s financial market regulator, seeking to attract capital back to the stock market, has released rules to facilitate the creation of index and real estate funds as well as amendments to margin trading rules. Sherif Samy, head of the Egyptian Financial Supervisory Authority, said the changes would increase liquidity in the market and …
Egypt covers 50% of foreign investors’ repatriation backlog
Reuters – Egypt’s central bank has covered 50% of a backlog of dollars owed to foreign investors seeking to repatriate funds from the country, it said in a statement on Thursday. A repatriation scheme opened in March last year and aimed at restoring confidence in Egypt’s economy guarantees foreign investors in Egypt’s stock and government …

Abbas to meet Obama ahead of peace talks deadline
Current Palestinian leaders have opposed recognising Israel as a Jewish state, fearing this could threaten the rights of non-Jewish Arabs living in Israel, who make up some 20% of the population, as well as other religious minorities.

UN, NGOs urge effort to stop Syria war, aid refugees
Nearly three million people have fled Syria since the beginning of the conflict in March 2011, and aid groups say 5.5 million children have been affected.

Thousands protest Crimea action in Moscow
Waving Ukrainian flags and shouting slogans heard during the Maidan protests in Kiev, the demonstrators urged Russian President Vladimir Putin to pull troops back.

IMFâs Egypt strategy ill-suited to realities on the ground: ECESR
Regional economic experts say fundâs demands for near-term subsidy cuts not viable
Arab countries to send oil product aid to Egypt through September: Finance minister
Reuters – Arab countries will extend aid to Egypt in the form of petroleum products until at least September, Finance Minister Hany Kadry Dimian said on Thursday, a move that will help avert an energy crunch expected in the summer when consumption soars. Saudi Arabia, the United Arab Emirates and Kuwait have rushed to provide …

Egyptian-Saudi Businessmen Association pumps EGP 1bn into agriculture
A committee will be formed to study the mechanism of reclaiming agriculture lands with grains, corn and wheat

TV most important source for news in Egypt: BBG
New report states 98.8% of Egyptians have a working television in their house
Foreign ministry summons 13 ambassadors over human rights statement
Assistant foreign minister says statement âfull of fallaciesâ

Robots, hands-free wizardry wows at high-tech fair
Robots never fail to pull in the crowds, and they set the scene at the official opening of the five-day showcase of whatâs new and uber-hot in the IT and high-tech world.

Ministry of Tourism encourages Indian tourist visits
Ministry aims to receive 1 million Indian tourists by 2017
US data centre firm in venture with Egyptian telecoms tycoon
Reuters – US-based data centre firm Switch SUPERNAP has set up a joint venture with specialist investment companies in Egyptian tycoon Naguib Sawirisâ telecoms empire to win business in Europe, Asia and the Americas. The joint venture with Accelero Capital and Orascom TMT Investments will build and operate data centres for clients such as cloud …

Cooperation protocol signed between Ministry of Communication, Alexandria University
The protocol sponsors projects that aim to develop health care services in Alexandria University hospitals
ITU praises Egyptâs use of ICT for the disabled
The International Telecommunication Union says it plans to benefit from devices for the disabled

Schneider Electric holds ninth Xperience Efficient conference in Egypt
The conference brings together national experts from business sectors, the government and academics

Russian takes top prize in Sharm triathlon championship
The winners in the elite men and womenâs categories received monetary prizes of $600 for first place, $500 for second, $400 for third, $300 for fourth and $200 for fifth place.

Ukraine vows not to fight Russia over Crimea
Turchynov said Russian President Vladimir Putin had so far resisted intense international pressure and refused all contacts with Kiev aimed at resolving the worst breakdown in East-West relations since the Cold War.