Latest in Tag: Daily Highlight
Latest in Tag: Daily
Al Saadi Al Gaddafi trial likely to shed light on dark history of Libyan football
By James M. Dorsey It was only a matter of time before Al Saadi Al Gaddafi, the notorious, football-obsessed third son of toppled Libyan leader Colonel Muammar Gaddafi would be extradited to Libya by Niger, one of the worldâs poorest countries that plays a key role in Western efforts to defeat Al-Qaeda affiliates in the …
Finance ministry to adopt âbalancedâ fiscal policy
GPD growth rate will register between 2% and 2.5%, says finance minister
Badie, other Brotherhood leaders back in court
Prosecution claims prominent Muslim Brotherhood members created a âmilitant groupâ
Government to launch call centre for receiving citizensâ complaints
The call centre is scheduled to commence in two weeks, the Minister of Communication says
Al-Sisi on official visit to UAE
Defence minister overseeing final stages of military exercises and meeting officials
Egypt Bourse climbs on talk of Sisi presidential bid; Qatar drops as IQ goes ex-div
Reuters – Egyptian shares rose on Tuesday after an unconfirmed media report suggested defence minister Abdel-Fattah Al-Sisi would soon launch his bid for the presidency, while Qatar took a hit as heavyweight Industries Qatar traded ex-dividend. Egyptâs Al Shorouk newspaper reported Sisi would officially announce his resignation from his current post on March 17; it …
Court upholds writerâs five-year prison sentence for insulting religion
Author Karam Saber was found guilty of contempt of religion over a book he wrote
Emirates REIT to raise $135m in first Dubai IPO since 2009
Reuters – A real estate investment trust, Emirates REIT, said on Tuesday that it planned to raise at least AED 500 million dirhams ($135m) in Dubaiâs first initial public offer of shares since 2009. The company will use proceeds from its IPO on the Nasdaq Dubai bourse for possible future acquisitions and investment in existing …
Movements decry jailed activistsâ conditions
Abdel Fattahâs family sues prosecutor general for âdouble standardsâ; movements condemn alleged assault on jailed activists during their appeal trial
Petroleum Ministry responds to reduction of natural gas supply to cement factories
Ministry says 77% of natural gas and diesel supply were delivered to cement factories in January and February
Egypt gains marginally after $40bn housing deal; Gulf mixed
Reuters – Egyptâs shares rose slightly on Monday after a deal between the countryâs army and a Dubai builder for an affordable housing project worth EGP 280bn ($40.2bn). Cairoâs benchmark index advanced 0.5%, recovering early-session losses and boosting 2014 gains to 17.6%. Under a deal with Cairoâs army-backed government, Dubaiâs Arabtec will build one million …
Egyptâs Juhayna Food Industries says to appeal chairmanâs sentence
Reuters – Egyptâs Juhayna Food Industries , one of the countryâs largest dairy product and juice makers, said on Monday it would appeal against a court sentence for its chairman. A spokesman for a Cairo court said Safwan Thabet, who is also Juhaynaâs chief executive, had received a one-year jail sentence on Thursday for selling …
Inflation rate eases to 10.2% in February: CAPMAS
Monthly inflation fell to 1% in February
Detained fishermen return from Saudi Arabia
Fishermen were arrested for violating the Gulf countryâs territorial waters
Dubaiâs Majid Al Futtaim group invests EGP 16.5bn in Egypt
The retail group plans to establish five commercial malls in Egypt over the next five years
Nine detainees arrested during revolutionary anniversary released
Detention of 22 more detainees arrested from Dokki on 25 January is renewed
N. Korean leader enjoys 100% ‘poll’ win
“All the voters of the constituency took part in voting and 100 percent of them voted for Kim Jong-Un,” the North’s official KCNA news agency said.
Islam and politics can’t go together
By Moha Ennaji The last three or so decades have seen a spectacular rise of what came to be called âpolitical Islamâ: a complex but real category in political and social sciences. Whether espoused or shunned, political Islam has created a genuine debate. However, the recent events in Egypt and Tunisia threw serious doubt on …
Court upholds sentence in Sayed Belal murder case
Defendant had challenged the court verdict sentencing him to 15 years in prison
China provides Egypt with $24.4m grant
The non-refundable grant will support social and economic development
Government will not cut energy subsidies: Prime minister
Ibrahim Mehleb said his government is working on redistributing the energy subsidies to âoffer it to those who deserve helpâ
Maspero must stop âmuzzlingâ voices of dissent: ANHRI
Human rights groups decries cancelation of TV show after if refused censorship
State council repeals new cabinet election law
Law will now allow those convicted of a crime to run for office
At least eight killed in road accident
Tourist bus flips near Red Sea, en route to Hurghada
MBC Misr signal jammed while airing âEl-Bernamegâ
Station claims that an outside jamming source interrupted the broadcast
Cabinet amends Property Tax Law
The amendments include establishing a committee in every governorate to survey and evaluate the rental value of properties.
Ministry of Finance to focus on unemployment and energy subsidies issues
Hany Qadry highlights the significance of ârestructuring individual incomesâ to revitalise the economy
Saudi lists ‘terror’ groups, orders Islamist fighters home
The move represents a major escalation against the Brotherhood of deposed Egyptian president Mohamed Morsi and indicates rising concern in Riyadh over the potential risks to domestic security of Saudi extremists fighting in Syria.
Government has spent 40% of economic stimulus plan: Planning minister
Ashraf El-Araby called on the acceleration of implementing the stimulus projects in order to generate revenues in the current fiscal year.
Minister of Communication reveals a plan to develop Postal Authority services
Atef Helmy tells protesting workers, âEgyptian citizens alone will pay the price of these strikesâ