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

African Development Bank supports Egypt with $2m
The $2m grant will finance sustainability projects in Egypt, namely industrial waste management and SME development

Eight stolen wooden ornaments to be retrieved from Denmark
The ministry is following all legal procedures required to retrieve the stolen pieces

Keeping with âenvironmental fundamentalsâ will support tourism industry: Zaazou
A new protocol aims at helping touristic facilities adopt green energy practices

Tourism earnings to fall by 39% to EGP 6.5bn by end of 2013: Tourism minister
Zaazou said the average occupancy in the Red Sea and South Sinai is rising because travel bans have been lifted.

Big tech hits of 2013
The one-to-many messaging service made the most hotly-anticipated stock market debut of the year in early November.

2014 outlook broadly stable for GCC banks; regional unrest a threat elsewhere in Middle East: Fitch
Fitch believes that impairment charges should fall, leading to a gradual improvement in profitability, although further recovery in asset quality will depend on continued economic growth.

Iran says nuclear talks with world powers to resume on Thursday
Technical talks – expected to involve nuclear as well as sanctions experts – will restart on 19 December and are meant to translate the political deal into a detailed plan of action for how to put it into practice.

Ministry of Finance defines strategic goals for 2014/2015 general budget
Government says it seeks to achieve social justice and economic development through a transparent and publicly disclosed budget

Interior ministry warns of âplotsâ to derail referendum
Ministry of Interior confirms it has taken proper logistic measures ahead of upcoming poll
Syria defends jailing of British doctor who died in prison
The death of British doctor Abbas Khan in custody just days before he was to be handed over to a British lawmaker sparked a diplomatic row with London, which accused President Bashar Al-Assad’s regime of effectively murdering the 32-year-old surgeon.

Surge in journalist abductions in 2013: RSF
At least 18 foreign journalists and 22 Syrian news providers are currently abducted or missing.

Google Glass eyewear allows winking to snap pictures
Notions put forth included Glass wearers someday paying for cab rides by winking at metres or buying something in a shop with a blink.

Facebook to test video ads, opening new revenue source
Facebook will run video ads for Divergent on Thursday in a one-day test.

New protocol signed to encourage competitiveness
A new trilateral protocol has been signed to revitalise the domestic market and increase competitiveness among companies

Ramy makes Swedish open debut
The top-seeded 26-year-old from Cairo will make his Swedish debut against top-ranked German Simon Rosner in the 11th staging of the biggest PSA World Tour event in continental Europe at Linköping Sporthall.

EGP weakens at forex auction
The Central Bank sold $38.6m to banks at the auction, with a cutoff price of 6.8869 pounds to the dollar, weaker than the 6.8767 at the previous sale on Monday.

The constitution will initiate legislative reform: Civil society organisations
23 Egyptian rights organisations largely approve of freedoms and rights granted in proposed constitution

Entrepreneurship activity witnesses slight improvement: Global Entrepreneurship Monitor
The Total Entrepreneurship Activity rate rose by 0.82% from 2010 to 2012

Costa aims to double sales to ÂŁ2 bn with new machines
Costa contributed ÂŁ7ml British pounds of profit in 2012/13

EU summit tackling economic crisis but marking political time
On the agenda of the summit is the strengthening of Europe’s economic and monetary union

Deadly blast at Hezbollah post in Lebanon: security
The vehicle was packed with 60 kilos (130 pounds) of explosives and the blast left behind a crater three metres (10 feet) wide

Three years on, Tunisia uprising marked by muted demos
Around 1,000 unionists and left-wing opposition activists gathered in Sidi Bouzid, the impoverished central town where Mohammed Bouazizi staged his iconic protest on 17 December 2011, for a demonstration against the lack of progress since the revolution.

Al-Futtaim aims to double business by 2018
MAF has invested heavily into Egypt and has started construction on a $600m Mall of Egypt in Cairo that is expected to open by early 2016

Bourse rises to 35-month high on economic stimulus plan
MidEast stocks mostly gained on Tuesday

Minister of electricity meets with World Bank
The minister discussed current and future projects of the bank in Egypt

EU must engage Iran on human rights: MEP
EU Special Representative for Human Rights Stavros Lambrinidis could âdiscuss the terms of dialogueâ about improving rights with the Iranian authorities

Syria peace talks to open in Montreux: UN
UN Secretary General Ban Ki-moon last month finally set January 22 as the date for the talks, which have been repeatedly postponed since June.

UAE verdict in Muslim Brotherhood âcellâ on January 21
The verdict will be issued in a hearing on 21 January, the court decided in a session attended by 15 of the defendants

Hugh Robertson pays first visit Egypt
High-ranking British diplomat comes to Cairo and meets with senior government officials

Egyptiansâ politics-related online searches surge in 2013
Muslim Brotherhood members Khairat El-Shater and Safwat Hegazy ranked fourth and fifth, respectively, while interim president Adly Mansour ranked sixth.