Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
EFG Hermes launches programme to acquire treasury shares
Analysts expect EFG Hermes shares to maintain their upward trend in the three upcoming sessions, to reach nearly EGP 12. This comes after the boardâs approval of the plan to acquire treasury shares for EGP 1bn at a minimum price of EGP 11.5 per share. The share featured a 10% upward movement during last Thursdayâs …

Polls open on Tuesday
Egyptians are set to vote in the constitutional referendum over two days

UAE sees keen interest for largest oilfields on revised terms: Minister
Under the concession arrangement, ADNOC held a 60% controlling stake in the Abu Dhabi Company for Onshore Oil Operations (ADCO) oilfields, while ExxonMobil, Royal Dutch Shell, Total and BP, each held 9.5% stakes.

Dubai deal may be imminent, bankers say
Rumours of a Dubai issue pre-date the World Expo announcement.

Government to assist struggling textile companies
The agreement includes 12 banks in coordination with the Central Bank and comes with consideration for the importance of supporting companies that are at the beast of Egyptian industry.

Kerry and Lavrov discuss Syria peace talks
The meetings come as Assadâs forces appear to make gains on the ground amid deadly internal fighting in the rebellion pitting the once-dominant Islamists against resurgent fighters from groups more palatable to the West.

âOver 100,000â expats vote in 2014 referendum: Foreign ministry
Voting ended Sunday; numbers down remarkably compared to 2012 referendum
Government sells $1.07bn in one-year dollar-denominated T-bills
Reuters – The Egyptian government accepted bids for $1.07bn worth of one-year dollar-denominated treasury bills at an auction on Sunday with an average yield of 2.593%, the Central Bank of Egypt said. The total bids amounted to $1.380bn. The Ministry of Finance had set the issue size at $1bn. The minimum yield was 2.54% and …
18 suspected terrorists arrested in north Sinai, four arrested in Ismailia
Security on âhigh alertâ ahead of upcoming national referendum

Court turns down Misr Al-Qawia lawsuit
The party says it will appeal the decision

Sunday final day for Egyptians abroad to vote
Egyptian foreign ministry says a total of 94,000 Egyptians have voted abroad over four days

Salafi, Copt, Al-Azhar leaders call for participation in national referendum
The Salafi Al-Nour Party, Pope Tawadros II, and the Grand Imam of Al-Azhar all encourage voting

Tens of thousands at anti-Erdogan protest amid vast graft probe
Some protesters were also handing out fake dollars with Erdoganâs photo on them.

One man shot dead as protesters clash with police across Tunisia
Scattered protests over economic hardships have broken out as Tunisiaâs new prime minister takes office to lead a caretaker administration to end a crisis three years after its uprising ousted Zine el-Abidine Ben Ali.

Four dead, 169 arrested during Friday marches
Deadly clashes erupted in Suez and Alexandria days before the national referendum

South Sudan troops fight to wrest final rebel stronghold
The UN leader warned that evidence of widespread atrocities committed during the nearly month-long conflict would be investigated, and that âperpetrators of serious human rights violations will be held accountable.â

Iraq would face huge challenge in Fallujah assault: experts
Gunmen seized Fallujah and parts of Anbar provincial capital Ramadi last week, the first time militants have exercised such open control in major cities since the insurgency that followed the 2003 US-led invasion.

Violence erupts in Bangui despite departure of ex-rebel president
More than 60,000 people from other African nations have asked for help at their embassies in the Central African Republic (CAR), an IOM statement said, adding that requests had come from Chad, Niger, Mali, Sudan and the Democratic Republic of Congo to aid their stranded nationals.

Lebanon teen death spurs ‘selfie’ anti-violence protest
The âNot A Martyrâ campaign sprung up after Chaar was killed in a 27 December car bombing that targeted moderate Lebanese politician Mohammad Chatah.

High participation in doctorsâ second partial strike of the year
The Doctors Syndicate says that it will discuss ways to plan an escalation
Union announces strike following leaders kidnapping
ETUF demands government’s resignation, several trade unions condemn attack
Army arrests 12 year-oldboy in Sinai
Official statement says boy was monitoring security forces for militants

Misr Al-Qawia party members arrested for hanging âNo to the Constitutionâ posters
Decision has not been made regarding the party’s participation in upcoming referendum

Appeal hearing of activists rescheduled for Thursday
Hearing is postponed for security reasons

Carter Center releases statement urging political reform, inclusiveness
The statement encourages âmeaningful dialogueâ over referendum

Qatar requested to hand over Assem Abdel Maged: FM spokesman
Spokesman says the Egyptian government is seeking different channels to bring Abdel Maged back to Egypt

UAE market regulator changes margin lending rules, penalties
Margin lending – borrowing with cash or share holdings as security, has been in high demand as investors sought to maximise gains from a UAE market surge, with Dubai and Abu Dhabi’s bourses jumping 108% and 63.1% respectively last year.

Fiat has assured Italy on investments, minister says
Fiat’s recent $4.35bn deal to gain full control of No. 3 US automaker Chrysler has raised worries the merger could further diminish Fiat’s presence in recession-hit Italy and lead to job cuts.
‘Judges for Egypt’ member removed from position
“If I could go back in time, I would have repeated the same actions,” Sharaby says

Fahmy travels to Algiers
Foreign minister Nabil Fahmy begins a two-day visit to Algeria