Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
Russia hacked hundreds of Western, Asian companies: Security firm
Reuters â A US cybersecurity firm says it has gathered evidence that the Russian government spied on hundreds of American, European and Asian companies, the first time Moscow has been linked to cyber attacks for alleged economic â rather than political â gains. According to the firm, CrowdStrike, the victims of the previously unreported cyber …

MCIT launches specialised training scholarship programme
The first round will benefit 1,125 trainees and cost EGP 18bn

Australian Minister of Agriculture to visit Egypt in April: Foreign ministry
Overcoming challenges in cattle exports is an Australian government priority, says official

Dubai retailer Al Futtaim to invest $2.3bn in Egypt
The investment plan is positive for Egyptâs army-backed government, which is trying to attract foreign money back to the country and create jobs to ease social discontent as it manages a difficult transition to elections this year.

Yahoo! users will be mostly mobile in 2014 says CEO
Mayer has made improving Yahooâs popularity on smartphones and tablets a priority as the faded Internet search pioneer is re-invented.

Rising CEO confidence in economy, but plenty of worries in Davos
The annual PricewaterhouseCoopers (PwC) survey of more than 1,300 CEOs found that 39% were âvery confidentâ their companyâs revenues would grow in 2014, up from 36% a year ago.
Egypt seeks to strengthen ties in Latin America with visits to Honduras, Venezuela, Mexico
Numerous official meetings urge Latin American countries to invest in, support post-referendum Egypt

IMF sees slightly stronger global growth
The fund increased its estimate for world growth this year slightly to 3.7%, after 3.0% in 2013, while warning that the rebound of the world economy is still âweak and unevenâ.

Middle East activity lifts Halliburton, Baker Hughes profits
Halliburton and Baker Hughes, No. 2 and No. 3 in the industry, received nearly half of their revenue from outside North America in the fourth quarter.

Most Middle East markets gained on Tuesday
Saudi Telecom lifts index with strong Q4 earnings

New Beirut car bombing against Hezbollah kills 4
The blast took place on busy Al-Arid Street in the Haret Hreik neighbourhood, targeted by a suicide car bombing earlier this month.

Manpower minister shakes up ETUF board
Unseated ETUF head holds meeting with 11 board members and says he will not take legal action

Human Rights Watch offers up scathing appraisal of conditions in Egypt
Violence of security forces, military trials, and abuse of women cited under both governments of 2013

Peace hopes fade as Israel plans 381 more settler homes
The new construction will take place in Givat Zeev, a settlement which lies immediately south of the West Bank city of Ramallah
Bus bombing kills 22 pilgrims in southwest Pakistan
AFP â At least 22 Shiâa pilgrims returning from Iran were killed and 20 others wounded when a bomb hit a bus in the southwest Pakistan province of Baluchistan Tuesday, officials said. The attack took place at Dringhar village on the Pakistan-Iran highway some 60 kilometres (37 miles) west of Quetta, Baluchistanâs capital. âAt least …
Trial of four officers involved with Abou Zaabal deaths postponed
Officers to be tried for manslaughter over the deaths of 37 protesters

British trade delegation eyes Suez Canal Project
The winner will receive the final contract in October, and will have nine months to submit an initial plan for the project.

Shell sells Australia gas project stakes for $1.14bn
Shell issued a âsignificantâ profit warning for the fourth quarter on Friday, in which it detailed across-the-board problems, less than three months after its third-quarter profits undershot analyst forecasts.

64 Al-Azhar students referred to criminal court
Students accused of violence, rioting, having ties to Muslim Brotherhood

Foreign minister chides international media
Fahmy considers referendum a major achievement for democratic process in Egypt

Arab bloggers aim to boost cyberactivism
Bloggers and social media activists from across the Middle East and North Africa are taking part in the four-day meeting âto debate and develop new strategies to deal with the rising challenges,â organisers said in a statement.

Constitution referendum results boost investor confidence in Egypt: Cabinetâs economic team
Investors look to political stability as a determinant of rapid economic growth

South Sudan army reclaims control of key oil town of Malakal
Rebel forces staged a fresh attack last Tuesday to seize the riverside town, which has changed hands three times since the conflict in South Sudan began last month.

Mansour in Greece as part of first EU trip
Egypt and Greece seeking to enhance political and economic relations

Israel policy splits Palestinian families: NGOs
Current Israeli policy bars Gazans from travelling to the West Bank except in extremely rare circumstances.

UAE Chief of Staff meets with Sedky Sobhy, military leaders in Cairo
Meeting focused on cooperation between the two nations

Egypt expects 33% rise in foreign investment this fiscal year
Egypt’s economy began to stabilise in late 2013, helped by billions of dollars in aid that Gulf countries began to extend once the Islamist President Mohamed Morsi was ousted last July.

Peugeot âapprovesâ capital hikes by French state, Chinese partner
PSA reportedly hopes to be able to present the outline of a deal with Chinese state-owned carmaker Dongfeng and the French state to investors when it discloses its annual results on 19 February.

Brotherhood and FJP allege referendum was rigged
Al-Nour Party praises turnout and calls for unity

US congressional delegation ends two-day visit to Egypt
Delegation met with civic, religious leaders during âroutine visitâ