Latest in Tag: Daily News Highlight
Latest in Tag: Daily News
Foreign reserves decline to $18.7bn
$200m drop between August and September
Mansour embarks on first international trip
Interim President Adly Mansour embarks on a two-stop trip to Saudi Arabia and Jordan
Barbatoze
Sherif Adel’s weekly look at Egypt’s events.
Infrastructural development key to pulling Egypt out of economic stagnation: EIFFA Alexandria head
Egypt has been “gripped by two revolutions in the last three years” followed by a change in the economic system, said Al-Qadi
Banque du Caire sees increase in corporate loans
Over the past 9 months, corporate loans increased EGP1.4bn at the Banque du Caire
Ministry of Electricity to receive bids for construction of first solar power electrical plant
23 Egyptian and international companies to take part in tender
Destruction of Syria’s chemical weapons begins
The team faces the daunting task of disposing of an estimated 1,000 tonnes of the nerve agent sarin, mustard gas and other banned arms at dozens of sites in Syria by mid-2014.
Relief, distrust as Tunisia Islamists agree to quit government
The document foresees the nomination of an independent prime minister by the end of next week, who would then have two weeks to form a cabinet.
Ministerial decision to promote investments in river transportation sector
A world conference is being held to present investment opportunities this coming December.
The Business of Education
University students and graduates reflect on the quality of education they received in Egyptian universities compared to the fees they paid
Moody’s maintains negative outlook for Egypt
Egypt’s Caa1 sovereign rating kept with negative outlook
Experts begin destroying Syrian chemical arsenal: source
An OPCW official in The Hague said earlier this week that all “expedient methods” would be used to render Syria’s production facilities unusable.
FJP spokesman arrested
Ahmed Sobea was charged with inciting violence and arrested in Helwan on Friday
Rampant Ramy makes it nine at NetSuite Open
The NetSuite Open enjoyed a sold out crowd, beautiful California night and exquisite competition from Ashour and Gaultier.
A $7.2m legal win for Pinterest over cybersquatter
The company added that the defendant has applied to register Pinterest as a trademark in China, along with fellow social networking sites Twitter, Foursquare, and photo-sharing site Instagram.
UNGA trip is the beginning of a new diplomatic phase: Foreign Ministry
Nabil Fahmy had 49 bilateral talks and meetings during New York trip
Nintendo to stop making Wii console for Japan market
Since its release in 2006 Wii has sold more than 100 million units in the world.
Facebook says 56 million ‘like’ it in Arab world
“Every month, 56 million people are active on Facebook across the MENA region, with 50% of those returning on a daily basis,” Facebook said in a statement.
Sudan fuel price hikes aim to avert ‘collapse’: Bashir
Bashir also spoke of “conspiracies being planted by the saboteurs against our country”.
Ashton to meet with Mansour, Sisi, party leaders this week
Catherine Ashton is scheduled to meet with public officials; ministry says meetings with FJP would be permitted
Ministers of Finance, Planning and Investment develop economic road map
The Eastern Tobacco Company also announced that it was on the verge of completing the transfer of its factories to the 6th of October City at a cost of EGP 5.5bn.
Constituent Assembly warns against using mosques to mobilise voters
The article would hold the state accountable for providing care to both able and disabled citizens in accordance with international standards, in addition to providing them with equal representation based on the law.
Army regains control of nuclear plant construction site
Egyptian military thanks residents of Al-Dabaa for cooperation in handing over land in Matruh
Decrease in revenues since 25 January pushes the Ministry of Antiquities to think outside the box: Mohamed Ibrahim
Ibrahim said that the Ministry’s revenues decreased by 35% from EGP 1.273bn during the 2009-2010 fiscal year to EGP 772m during the 2010-2011 fiscal year.
Middle East funds set to boost investment in Egypt: survey
Fund managers in the Middle East are set to pump more money into Egypt, showed a Reuters survey
OPEC helps finance Egyptian power station
The announcement came after the signing of an official agreement stating that the OPEC fund will contribute $70m to the project.
Minya bishop escapes assassination attempt
Bishop Makarios comes under fire in Minya village on Monday morning
Attacks in Al-Arish and Sheikh Zuweid kill three, injure six
Attacks were launched on Al-Arish’s third police station, along with the city’s Central Security Headquarters located in the neighborhood of Al-Musa’id and a number of security checkpoints in Sheikh Zuweid.
Catherine Ashton visits Egypt
The EU high representative is to hold meetings with several figures, not known whether Muslim Brotherhood figures are among them
One year prison sentence against Qandil upheld
The former prime minister is expected to serve one year of jail time after Dokki court upholds ruling