Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
Egypt’s Global Telecom losses rise after Canadian writedown
Reuters – Global Telecom, the Egypt-based group formerly called Orascom Telecom, has fallen deeper into the red after taking a multi-million dollar impairment charge on its Canadian business following the latter’s withdrawal from a 4G spectrum auction. The group’s results coincided with earnings from 51.9% owner Vimpelcom, which were also impacted by events at the …
Egypt lobbies Germany to ease travel advisory: Minister
France and Britain, two other major sources of tourists for Egypt, also advise against travelling to the peninsula but exempted Sharm El-Sheikh last week.
Global tourism industry emerges from downturn
Holidaymakers are spending more on their vacations, going for higher-quality or more frequent trips abroad.
Muslim Brotherhood responds to NCHR Rabaa report
Brotherhood calls report âa new crimeâ full of fallacies, factual errors and lies
World Bank prepares new partnership strategy in Egypt
Strategy will be processed over next six months
Friday protests leave three dead, 27 injured across nation
Police cars torched, interior ministry claims protesters used live ammunition at rallies
Tomb of pharaoh’s stable master discovered in Egypt
A new tomb discovered in the Western Bank of Luxor
Connect Ads and LinkedIn form partnership
Muti-national, regional and Egyptian companies will be able to reach over a million Egyptian professionals, Connect Ads says
MCIT signs MOU with Estonia
Ministry of Communications and Information Technology will cooperate with the Estonian party in various technological fields.
âIt was like I was a terroristâ: Deported American activist
Medea Benjamin, co-founder of CODEPINK, was detained for hours, allegedly assaulted and deported
Saudi, Bahrain, UAE recall envoys to Qatar
The three Gulf Arab states made the decision following what newspapers described as a âstormyâ late Tuesday meeting of foreign ministers from the six-nation Gulf Cooperation Council in Riyadh.
Foreign reserves reach $17.3bn in February
After a steady six month decline, foreign reserves rose for the second straight month
UAEâs Etisalat misses forecast with 70% profit leap
Etisalatâs 2013 full-year net profit rose to AED 7.08bn from AED 6.74bn a year earlier.
South Sudan government, rebels halt peace talks
AFP – South Sudanâs government and rebels are taking a more than two-week break from key peace talks having seemingly made little to no progress in three weeks, mediators said Tuesday. The IGAD regional bloc, which is brokering the peace talks being held in Ethiopia, said both sides were halting the talks until 20 March …
Syria surrenders a third of chemical arsenal: Watchdog
OPCW head Ahmet Uzumcu told the Executive Council meeting that Syria had submitted a revised proposal to complete the removal of all chemicals from Syria before the end of April, after previously saying it could only complete the job by June.
Tunisiaâs economic woes could become âcatastrophicâ: PM
Tunisiaâs economic recovery since its 2011 âArab Springâ revolution has been hampered by political instability, social unrest and Islamist violence.
Human rights in Egypt under international spotlight
Coalition of international NGOs calls on UN Human Rights Council to address Egyptâs human rights situation
Mansour to review presidential election law
Constitutional expert says the law is âfull of flawsâ
Two journalists released, third has detention extended 15 days
Feras Shamsan and Karim Al-Behairy released on Monday, while Ahmed Fouad remains in custody
UN deputy envoy to Syria wants to quit post: Spokesman
Brahimi took over from his predecessor, Kofi Annan, as UN-Arab League peace envoy to Syria in September 2012.
Morsi âpresidential palaceâ trial adjourned to Thursday
Court to consider a request to replace two of the trials judges
Foreign reserves on the rise: CBE governor
Despite continuous fluctuations in foreign reserve levels, CBE Governor Hesham Ramez says they are âsecure and constantly risingâ
Kuwait fines Ahli Bank chairman $5.3m over insider trade
Reuters – A Kuwaiti court has fined the chairman of Al Ahli Bank, the country’s eighth largest bank by market capitalisation, KWD 1.5m ($5.3m) over alleged insider trading in the bank’s shares. The Court of First Instance fined Ahmed Yousef Behbehani, a member of a powerful Kuwaiti business family, after a complaint by the Capital …
February tax evasion cases valued at EGP 2.6bn
There have been 378 tax evasion cases in February, the interior ministry says
UAEâs Aramex wants Gulf customs rules amended to aid e-commerce
The current regulations only allow small shipments, such as parcels sent by online retailers, to be cleared by customs if these are transported by air
Asian shares hit by rising Russia-Ukraine tensions
The downbeat atmosphere was compounded in some markets by another disappointing set of manufacturing figures from China that added to concerns about growth in the worldâs number two economy.
Banks suffer as European shares tumble on Ukraine tensions
Banks took the most points off the FTSEurofirst 300, with lenders exposed to Ukraine and Russia falling sharply.
Train derailed in Sohag
Interior ministry arrests group of three accused of stealing railway equipment
PM and interior minister meet to discuss security situation
Former cabinet criticised for overemphasising security, neglecting economy
Egyptian national in âvery critical conditionâ after Libya shooting
Foreign ministry urges investigation as victim hospitalised