Latest in Tag: Daily Highlight
Latest in Tag: Daily
Egypt to invite IMF to assess economic reforms
Ministry of Finance says government will invite IMF before Egyptâs economic summit in February 2015
FDI doubles to $6bn in 2013/2014
New figures indicate good economic and investment situation in Egypt alongside increased number of companies established
Electricity loads increase 8% annually, cause outages: Former electricity minister
Ahmed Emam says that fuel supplies to power station annually decrease by 6% besides increasing malfunctions of stations due to maintenance works
Egypt needs $12bn in next 5 years to address electricity crisis: Al-Sisi
Power stations need $700m worth of fuel supplies per year
Flat6Labs records highest number of start-up deals in Egypt
Start-up accelerator programme has invested in 46 ventures
âAn international commitmentâ to fight ISIS: Shoukry
Egyptian foreign minister speaks out against radical Islamist group
WTO supports Suez Canal project: Director General
Roberto Azevedo scheduled to meet President Abdel Fattah Al-Sisi on Tuesday
Labour Law amendments do not meet workersâ aspirations: Rights campaign
Coordinator of the âTowards a Fair Labour Lawâ campaign says they are to submit suggestions to manpower ministry
Julyâs CAPMAS inflation rate 0.18% higher than original figure
Annual urban consumer inflation amended to 11.04% instead of 10.61% in July
6 militants killed, 10 arrested in Rafah
Security forces also destroy a number of tunnels
Overview of banking sector performance over FY 2013/2014
Daily News Egypt takes a closer look into the banking sectorâs performance over the past fiscal year, with examples of the financial results of state-owned, private and Islamic banks
Finance minister forms committees to receive appeals on property tax value
The number of members of the appeal committee will be reduced to three instead of five, ministry says
Unified licence to be launched in September: Communications ministry
The three mobile service operators have agreed to the licenceâs terms for offering landline services
Number of hunger-strikers grow
Tanta prisoner Diaa al-Mahdi joins activists in refraining from food
Orascom Development Holding registers first profit since 2010
The Swiss hotel operator is expecting an improvement in the hotel performance during the second half of 2014
Mehleb given partial presidential jurisdiction
Prime minister is now freely allowed to act upon stateâs properties, expropriate the ownership of properties for the public benefit and protect monuments
Saudi-based CPC buys Qalaaâs Sphinx Glass for EGP 1.3bn
Qalaa Holdings sells Sphinx Glass in line with its framework to abandon ânon-coreâ projects
Tahya Masr donations yet to exceed EGP 5bn: Fund board member
Salah Diab says board of directors are still reviewing how the fund will be used
âPort Said Massacreâ retrial pushed back to 21 September
11 defendants retried after being convicted in absentia
Al-Sisi amends Property Tax Law to exempt owning EGP 2m in one unit
Amended law says hotels, clubs, hospitals, medical centres and clinics affiliated to the armed forces are exempted from paying taxes
Supply ministry develops SMS service informing citizens with monthly shares
The new service will reply citizensâ inquiries on all the services provided by the ministry
Former supply minister Ahmed Al-Goueli passes away
Al-Goueli fought and targeted importers of rotten meat in the 1990s
Tourism minister denies offering Egyptian citizenship for sale to foreign investors
Hisham Zaazou says that if security, judicial and economic authorities approved the project, it can be sent to the cabinet for ratification
3.7% rise in public sector employees in FY 2013/2014: CAPMAS
Number of employees working for government reached 5.752 million, according to the statistics agency
Popular Front of the Suez Canal Axis considers 1 year timeline for new canal âenoughâ, but economists hold doubts
One year is enough because feasibility, technical studies are done, says Popular Front of the Suez Canal Axis member
Yields of Suez Canal investment certificates to be paid after one year: CBE governor
Hisham Ramez says 12% interest rates of investment certificates is highest in banking sector to lure participation
Russian wheat supply to cover Egypt needs until July 2015: Grain Industry chairman
Vladimir Putin says Russia will supply Egypt with 5m tons of wheat throughout the year
Overdue petroleum debts behind increasing power outages: Egyptera director
New electricity stations will join the national grid to reduce power cuts, says minister of electricity
Egypt concludes foreign fundraising for Assiut power station with $55m OPEC loan
OPECâs latest loan brings the total amount of fund provided by the international organisation to Egypt to $450m
Rafah border open to aid Gaza: Foreign ministry
Humanitarian aid pours in as ceasefire reaches second day