Latest in Tag: Daily Highlight
Latest in Tag: Daily

Why the AIDS cure matters
By Wael Eskandar The military has sent mixed messages about its miracle cure that allegedly cures both AIDS and hepatitis C. On the one hand, news published by Al-Watan highlights that former defence minister Abdel Fattah Al-Sisi ordered the formation of a committee to investigate the validity of the cure, but in recent days despite …

Al-Azhar University expels 25 students
University permanently allows police forces on-campus following recent violence, clashes erupt in other universities

Italy provides Egypt EGP 3.5m for solar power in Wadi Al-Rayan
The solar energy units are currently delivering electricity to 19 buildings in the area

Egyptâs economy needs mutual funds: EGX chairman
Mutual funds will help boost economic growth, Omran says
Egypt’s bourse posted its biggest percentage loss in seven months
Reuters – Egypt’s bourse posted its biggest percentage loss in seven months on Monday as local investors continued to book profits on positions built in anticipation of former army chief Abdel Fattah al-Sisi’s run for president. The main Cairo index tumbled 3.6% to 7,805 points, dropping for a third session in a row, as all but two of …
Egyptian Embassy in Seoul to revitalise economy
Egyptian Embassy organises a seminar to discuss investment prospects in Egypt with Korean businessmen
Abu Dhabiâs Hilal Bank considers capital hike to fuel growth: CEO
Reuters – Abu Dhabi government-owned Al Hilal Bank is considering a capital increase this year to support growth of its operations, its chief executive said on Monday. The Islamic lender, owned by the Abu Dhabi Investment Council, an investment arm of the Abu Dhabi government, plans to expand its retail and wholesale banking business locally …

33 Morsi supporters sentenced to 6 years
Defendants charged with belonging to a âbannedâ organisation and violating the Protest Law

Court denies bail to Al Jazeera journalists for the second time
Court adjourned until 10 April

Egyptian pound strengthens slightly at Central Bank dollar sale
Dollar shortages have been fuelling a thriving black market.

Fahmy to represent Egypt in fourth EU-African Summit
Egyptian foreign minister expected to meet EU high representative during his visit to Brussels
Budget deficit shrinks by 6% in 8M FY 2013/2014
From July to February, the budget gap marked EGP 123.6bn compared to EGP 146.5bn in the same period in FY 2012/2013

EU-Africa summit: Investing in people, prosperity and peace
Building on the spirit of their 2007 Joint Strategy, Africa and the European Union will discuss as equal partners how to deepen cooperation under these three areas.

Daughter of Morsiâs aide implicated in espionage case: MOI
Minister of Interior announces ministryâs âstrategy to fight terrorismâ
Egypt stocks continues to drop
Reuters – The Cairo bourse, which dropped 2.7% last Thursday after Sisi said he would run for president, fell a further 1.9% on Sunday to trim 2014 gains to 19%. But there were signs the correction was slowing and the market closed above the intraday low. âTowards the end of today we saw a bit …
Seven referred to criminal court for shooting church guard
Prosecutor general claims the suspects were attempting to rob a jewellery shop near the church

53 nations pledge support for Egyptâs âwar against terrorismâ
New UNHRC statement runs counter to western human rights concerns

Ministry of Petroleum pushes for use of coal to solve energy crisis
Debate between the Ministry of Petroleum, the Ministry of Environmental Affairs, and the Federation for Egyptian Industries heats up

Update: FJP members Azhari, Al-Ashry sentenced to two years
Giza court finds the pair guilty of harbouring FJP head Beltagy

Baseera polls Egyptiansâ planned participation in upcoming presidential elections
Nearly 45% of Egyptians have not decided yet who to elect if the presidential elections were to be held tomorrow

Beltagy, others appear in court
Beltagy and controversial imam and Muslim Brotherhood supporter Safwat Hegazy appeared in court in Cairoâs Tora Prison for the torture of two police officers at a pro-Mohamed Morsi sit-in at Rabaa Al-Adaweya Mosque in Nasr City.

Douma suffering from worsening health conditions
Imprisoned political activist and blogger has been refused proper treatment, his brother says
Two Spanish journalists freed in Syria: press
AFP –Â Two Spanish journalists taken hostage by an Al-Qaeda-linked group last year have been freed, the Spanish daily El Mundo reported Sunday. “At 21:27 (Spanish time 2027 GMT Saturday) veteran El Mundo Middle East correspondent Javier Espinosa called the paper’s newsroom and said they had been released and handed over to the Turkish military,” the …
Egyptâs judges may be independent, but many are following the regimeâs political agenda
By Nour Bakr The sentencing of 529 alleged Muslim Brotherhood members and supporters to death this week provoked almost universal outrage at the large-scale, and procedurally inept manner through which it was applied. Whilst many argue the sentence is likely to be overturned, and that consequently reactions are equally overblown, this misses the point. Since …

Then and Now
I am always intrigued by the dizzying changes that have enveloped Egypt in the past year. What I find to be most amusing is how certain positions have totally gone from one extreme to the other. When it comes to Egyptâs foreign policy, it is a seemingly endless seesaw where yesterdayâs friend is todayâs foe. …

Banque du Caire eyeing âsocially responsibleâ projects: CEO
The bank signed contracts last week to provide petroleum sector with an EGP 2bn and a $150m loan

Detainees on hunger strike await renewed detention
Prosecution begins investigation into reports of alleged torture of 70 detainees

Condemnation for Minya sentencing continues to build
Amnesty International, John Kerry, Ban Ki-moon all express concern, while ECCR decries death penalty for minors

Big dreams for Rwandaâs ICT sector
Success story is grabbing global attention

Cabinet approves EGP 391m for infrastructure development
Money will support nine projects, including road development and sanitation improvement, in Cairo, Alexandria, Assiut, Gharbeya, Sohag, and Qaliubiya