Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
South Africa and world unite for Mandela memorial
Some 80,000 had been expected, but the venue was two-thirds full as the ceremony got underway under a curtain of rain that had been falling since the early morning.
Foreign currencies hike amid curtailed exchange services by banks
Traders fear the recurrence of last year’s liquidity crisis, which depreciated the Egyptian pound by more than 15%, and required an urgent intervention by the Central Bank, which sold large sums of foreign currency.
Barclays Egypt launches ‘Barclays Direct’ service for wages
“Barclays Direct” is one of the leading initiatives allowing the blending of financial services for both clients and commercials, which enables the bank to attain its strategy of being an integrated bank through expanding the clients’ accounts, enhancing Barclays Egypt’s market competitiveness.
Al-Dostour Party condemns boycotting the referendum
Al-Dostour Party remains neutral between Yes and No in referendum while Al-Nour Party announces campaign in support of draft constitution
Tripartite talks continue in Sudan
Minister of Irrigation and Water Resources Mohamed Abdel Moteleb continues meeting with counterparts in Khartoum
Sudan’s Bashir unveils new government after reform calls
It was the most serious split in years within Bashir’s National Congress Party (NCP), which has faced internal criticism over alleged corruption and stagnant leadership.
Pentagon chief talks drones with Pakistan PM
Ties have been seriously strained over US drone strikes in Pakistan’s tribal belt as well as over sanctuaries for Afghan Taliban insurgents inside Pakistan’s borders.
Misr Al-Qawia calls for No vote on constitution
The moderate Islamist party urges Egyptians to reject proposed amended constitution, strongly criticises transitional roadmap
Rising US Dollars is a temporary crisis: Bankers
The black market exchange rate exceeds the official rate by as much as 6%.
Ministry of Housing plans to establish 25 new cities, attracting EGP 100bn in investments
The ministry intends to extend the sanitation system to 131 villages, as well as a project establishing new silos with a storage capacity of 1.5bn tons
Petroleum products subsidies system to be reformed through five-year plan: Minister of Petroleum
Petroleum products subsidies reached EGP 120bn in last year’s budget, EGP 57bn of which were allocated for diesel, while in the current year’s budget, it was assigned EGP 99bn.
Normalisation allegations facing journalists resolved: Press Syndicate
Syndicate says journalists who visited Palestine last month did not violate general assembly measures forbidding normalisation with Israel
Baghdad area bombings kill 28
At least 10 bombs exploded from around mid-day onwards across Baghdad, targeting mostly Shiite neighbourhoods.
Dutch premier’s Israel trip hit by Gaza row
Rutte was to have inaugurated the scanner on the frontier with the Palestinian Islamist-ruled enclave, but the ceremony was put off because of the row.
Iran President Rouhani targets stagflation in first budget
Analysts say soaring inflation is due to increasingly tough economic sanctions and mismanagement by former president Mahmoud Ahmadinejad.
Barbatoze
Sherif Adel’s weekly look at Egypt’s events.
Female protesters receive reduced sentences, acquittals
Demonstrators received lighter sentences in their first appeal hearing following outcry after original verdict
73 arrested in Friday protests: MOI
Anti-Coup Alliance announces intention to continue demonstrating
Gulf investors seek collateral for Egypt investments
Some private sector Gulf investors have said they would not come back to Egypt without collateral to secure their funds, in response to judicial cases raised against their projects following the 2011 ouster of former president Hosni Mubarak.
MB sees 2012 palace clashes as part of larger conspiracy
The Brotherhood blames political opponents and foreign governments for deadly December 2012 violence
Anti-Coup Alliance prepares for more protests
Pro-Morsi coalition dubs Friday demonstrations “at your service, mother of the martyr”
Ministry of Tourism offers lands in Red Sea Zone to Gulf investors
“Minister of Tourism Hisham Zaazou will meet a Gulf delegation including a number of Gulf investors to discuss establishing a group of projects complementary to the hotel capacity in the Red Sea touristic cities.”
Part 2: Divisions of power in the constitution under scrutiny
Experts share their thoughts on the system of governance, sovereignty of law and transitional articles
Military production minister dies
Minister of Military Production Reda Hafez dies on Tuesday
Pharmaceutical pricing system in need of reform: Novartis Vice Chairman
Restoring security and amending registration and pricing rules are vital to attracting investments, says El Sharkawy
WTO’s global role hangs in the balance at Bali summit
“Now or never”, WTO chief tells high-stakes meeting
Mansour receives amended constitution
Chairman of the committee Amr Moussa expresses his confidence that the constitution will pass in a public referendum
World Bank poorly prepared for conflict countries: study
The bank has “paid insufficient attention to conflict-related violence against women and economic empowerment of women in low-income fragile and conflict-affected states.”
Turkey says ball in Iraq’s court over oil dispute
Iraq’s federal government in Baghdad and Kurdistan have long been at odds over how to share the region’s vast energy wealth, a dispute which is seen as impeding the development of new energy projects.
Release of student accused of contempt of religion appealed
Suez Canal University student accused of creating an atheist Facebook page remains in custody pending an appeal by prosecution