Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
Planning minister expects 2% growth in second quarter
The government targets 3.5% growth in the current fiscal year, which ends June 2014.
CSF officer and militant killed in Ismailia firefight
Security forces found machineguns, explosives, “huge” amount of ammunition inside the militant’s residence
Ministry of Agriculture fights encroachment onto agricultural lands
405 agriculture engineers are given the right to judicially seize lands which violate agriculture land regulations
Israel fire on Lebanon in retaliation for soldier killing
The army said the soldier was shot by Lebanese troops as he was driving a civilian vehicle along a section of the border near Rosh HaNikra on the Mediterranean coast.
South Sudan says coup defeated after heavy fighting
The clashes broke out in a barracks close to the city centre shortly before midnight and spread across the city, diplomats and witnesses said, adding that heavy machine guns and mortars were used.
North Korea troops pledge loyalty en masse as Seoul on alert
The mass rally in Pyongyang came ahead of Tuesday’s second anniversary of the death of longtime leader Kim Jong-Il, whose sudden demise thrust his young son to the helm of the secretive state.
Brotherhood sustains significant losses in Doctors Syndicate Elections
Independent Movement members won 11 of 12 contested seats on the syndicate’s board
‘Barrel bomb’ raids in Syria’s Aleppo kill 76
A Syrian security official said the army prefers the TNT-packed barrels because they are cheaper than regular bombs, which they need import from Russia.
Egypt pound flat at Monday’s forex auction
On the black market the pound was trading on Monday at 7.33/7.36, weaker than Tuesday’s rate of 7.31/33 to the dollar, two traders said.
BP signs deal to develop large Oman âtight gasâ project
BP has already spent hundreds of millions of dollars on the project since winning the concession in 2007.
Egyptâs secret Swiss bank
By Farah Halime Nestled in the heart of downtown Cairo is the opulent headquarters of Arab International Bank, a secretive bank that has allowed kleptocrats to funnel money out of the country for decades with barely any regulatory oversight. The bank, established in 1974 by a treaty signed by Egypt, Libya, Qatar, Oman and the UAE, is exempt …
Foreign Trade Minister issues decision to establish âHandicrafts Export Councilâ
Council to support handicrafts sector following major decline in tourism
Banque Misr and UEEPC sign EGP 285m loan agreement
The loan will be used to finance renovations in Assiutâs power station
Tunisia’s PM-designate is a little-known newcomer
The opposition accuses the current government of failing to rein in militants who have stepped up attacks, and failing to deal with an economic malaise that has led to a rise in strikes and protests.
Syriaâs moderate opposition in âserious difficultyâ: France
The talks are scheduled for 22 January in the Swiss city, but Fabius said there were doubts over whether they would make progress towards ending the civil war that has now raged for more than two and a half years and killed more than 126,000 people.
Iran says nuclear talks continue despite US blacklist
The United States blacklisted a dozen overseas companies and individuals on Thursday for evading its sanctions imposed on Iran to halt what the West sees as its bid to build a nuclear bomb.
Assailants stab Japan diplomat in Yemen capital
The spokesman said he had been driving ahead of the consul, but when he arrived at the embassy, the consul was no longer following.
US Representatives meet with Mansour, Al-Sisi
Republican members of Congress visit Egypt for the second time in three months
Egypt to repay part of debt to oil companies in Egyptian pounds
Egypt’s foreign currency reserves, which stood at $36bn before autocrat Hosni Mubarak was ousted in 2011, have been under pressure ever since and fell to $17.8bn in November from $18.6bn in October.
Ministry of Communication finalises preparations for issuing of unified licences
The National Telecommunications Regulatory Authority (NTRA) is examining a final settlement for the âinterconnectionâ dispute, which is the sole obstacle in issuing the licence.
Negotiations fail between EGAS and Shell over gas supply for next summerâs electricity
Sources revealed that EGAS negotiated with Shell and other companies to import between 500 and 750 million ft3of gas per day to cover the electricity power stationsâ needs.
Egyptian financial regulator to retry sukuk rules in early 2014
The renewed push to allow sukuk in the country comes after previous attempts have been thwarted by nearly three years of political turmoil since the ouster of President Hosni Mubarak in February 2011.
Land protection engineers to be granted âjudicial policeâ authority in effort to curb land seizures: Minister of Justice
The report further highlighted that since the revolution one million cases of aggression have been detected, effecting over 40,000 feddans, of those aggressive seizures the number cleared did not exceed 100,000.
Two killed in Friday clashes
Friday violence continues with clashes between protesters and security forces
Constitutional referendum on 14 and 15 January
Interim president praises constitution draft
Presidential decree allows for reconciliation in tax disputes
The new law published today in the Official Gazette allows reconciliation in accordance to Law No. 159 of 1997 concerned with reconciliation in tax disputes listed in front of courts
At least two UN troops dead in suicide attack in north Mali
A day before the country holds a second round of legislative polls
World-class Chinese cuisine in the heart of Cairo
The Four Seasonsâ â8â restaurant puts a decadent twist on Cantonese classics
Mobinil expected to see profitability in 2015 and plans to invest EGP 2.5bn in the coming year: Managing director
Mobinil Managing Director Ive Gotieh stressed the need to settle all monetary disputes with Telecom Egypt before the latter will provide mobile services. Gotieh stresses that this action will help to maintain âfair competition in the domestic market.â
Qualcomm cooperates with Egyptian Mobile operators
We have been working with the three major mobile operators on projects ranging from network optimisation to device design and production: Qualcomm