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

West hails Syria opposition vote to join peace talks
The Syrian leader was quoted on Sunday as saying his departure is not up for discussion, in a Russian media report that his office quickly denied.

Turkey says ready to discuss judicial row with EU
The governmentās purge has extended to banking and telecoms oversight bodies as well as state television.

Iraqi forces assault gunmen in crisis-hit city
Iraqi forces backed by tribesmen moved into five Ramadi neighbourhoods Sunday, with helicopters providing cover and firing on the sprawling district of Malaab at the centre of fighting between anti-government fighters and security forces and their tribal allies.

Morsi and 25 others referred to court for insulting judiciary
Defendants for the new case come from wide range of backgrounds
International experts to help plan governmentās āGolden Triangleā project to connect three major industrial centres
Prime minister meeting with ministers and government officials to discuss the projectās latest developments
Middle East investment banking fees up 20% in 2013
Reuters ā Investment banking fees in the Middle East grew 20% last year, data compiled by Thomson Reuters showed, as capital markets activity continued to recover gradually from the global financial crisis. Total fees rose to $722m in 2013, the highest since 2010, from $603m in 2012 – though they were still only about half …

Egyptian economists largely bullish on new constitution
Analysts highlight social rights guarantees in the constitution

Government aiming for 4% growth in investment in FY 2014/2015
Minister of Planning announces that the new investment plan will target various Egyptian regions and governorates

New constitution passes in landslide
98.1% of voters support constitution, says Supreme Electoral Commission

Democracy International issues press report citing āserious concernsā during referendum
Lack of debate, opposition primary issues cited by US-based group

South Sudan troops capture key town Bor, ādefeatā 15,000 rebels: Army
Ateny Wek Ateny, spokesman for President Salva Kiir, said the troops had been ācongratulated for a job well doneā.

Obama signs spending bill after rare Washington compromise
Obama signed the massive bill, passed by Congress this week in a rare budget truce, in front of officials from his Office of Management and Budget.

Iran diplomat fatally wounded in Yemen shooting: Medic
Nobody at the Iranian embassy was immediately available for comment but other diplomats said the victim was an embassy security officer.

Tunisia agrees on new charterās chapter on judiciary
A two-thirds majority of parliamentās 217 elected members is then needed to adopt the charter and avoid it being put to a referendum.

Divided Syria opposition debates joining peace talks
The talks opening Wednesday are aimed at setting up a transitional government to find a way out of the brutal conflict that has killed 130,000 people and made millions homeless since March 2011.

Turkish Lira at record lows as no rate hike seen
The central bank released its survey of expectations of business leadersā and economists on Friday, which showed they see inflation accelerating, but market players worry even this will not trigger policy action from the central bank ahead of elections.

World Bank project in Egypt provides loans for micro and small businesses
While stimulating growth and generating employment opportunities, the project has also been successful in reaching people and communities that lack access to finance.

Morocco ends gasoline, fuel oil subsidies
Morocco is the most advanced among North African countries in its reform of public subsidies and already started last year to partially index energy prices to international market levels.

Sinai pipeline attacked
Pipeline explosion in central Sinai condemned by prime minister
Al-Jazeera rejects prosecutionās statement
The Doha-based satellite channel denies that any of its journalists have confessed anything while in detention

IBM Egypt negotiates smart meters project
Some African countries are seeking cooperation with Egypt in [the field of smart meters], including Tanzania and Nigeria

Northern Alexandria Gas Project begins production in 2016: Head of EGAS
EGAS began negotiating plans with BP and British Gas Group (BG) that involve linking the Northern Alexandria Gas Project to the Al-Borlos Treatment Plant.
Police officer’s family attacked in Sinai
Wife killed and officer in a critical condition

Kerry downplays Israeli ministerās comments
A diplomatic row erupted between Israel and Washington on Tuesday after Yaalon was quoted as saying Kerry had an āobsessionā and a āsense of messianismā about the peace process.

Death toll rises to 11 overnight following bloody afternoon
Death toll raised by five, with numerous arrests and injuries reported across the country

Oil price gains capped by prospect of Iran supplies
Brent North crude for February firmed two cents to stand at $106.77 in London around midday in London.
Muslim Brotherhood reiterates call for boycott
The Muslim Brotherhood criticises proposed constitution and decries government offences

Dubaiās Drydocks World signs $730m North Sea rig deal
Drydocks agreed a restructuring plan worth $2.2bn in 2012 having got into difficulty after taking on debt to fund its expansion into southeast Asia.

Qatarās QNB Q4 profit slightly below estimates
This compared with SAR 2.11bn in the same period of 2012.

Turkish business warned over trade with countries in crisis
A number of Turkish companies briefly halted operations in Egypt although there has not yet been a major pullout