Latest in Tag: Daily Highlight
Latest in Tag: Daily

Bread distribution system is a failure: Minister of Supply
The governmentâs subsidised bread programme has âallowed bakery owners to smuggle flour and sell it on the black market at higher prices,â Khaled Hanafy says

23 revolutionary anniversary detainees released
Detention renewed for 68 pending trial; acquitted minors remain in detention

Egypt army chief ‘can’t ignore demands’ for presidential bid
Sisi is seen by his supporters as a strong hand who can stabilise Egypt following three years of unrest ignited by the 2011 uprising that toppled longtime ruler Hosni Mubarak.

Coca-Cola international plans to invest $500m in Egypt
President of Coca-Cola says the move reflects the companyâs confidence in Egyptâs investment climate
No Ukraine solution, German FM says after talks with Lavrov
AFP – No “solution is in sight” on the Ukraine crisis, German Foreign Minister Frank-Walter Steinmeier said Tuesday after a “difficult” talk in Geneva with Russian counterpart Sergei Lavrov. “I had a difficult, long and very serious talk but it wasn’t enough to say that a solution is in sight,” Steinmeier told reporters after the meeting with Lavrov …

Decision in Muslim Brotherhood trial postponed
Defence teams has asked the bench to recuse itself

Head of Textile Workersâ Union proposes initiative to halt strikes
Mahalla textile factory workers suspend strike for two months, pending the governmentâs response to their demands

Negotiations over resumption of rice exports to begin within next two weeks
Minister of Supply to reconsider decision to suspend rice exports

Fahmy addresses foreign, domestic policy in AUC speech
In revolutionâs wake, Egypt must balance a âstrategic relationshipâ with the US and EU, foreign minister says

Citadel Capital records EGP 10.5m net profit in 2013
The company marks a 1.9% year on year increase in revenues
Morsiâs son released on bail
Ousted presidentâs son was arrested and accused of illegal drug use

New health minister prioritises emergency and ambulance issues
Prime Minister expresses interest in doctorsâ strike
âTerrorist cellâ arrested in Alexandria: Ministry of Interior
Statement claims more than a dozen detained in Muslim Brotherhood-linked âmilitiaâ

Egypt issues travel warning to Libya
Foreign Ministry cautions fishermen against violating other statesâ territorial waters

El-Beblawiâs government failed to answer economic challenges: analysts
Economist says low supply of foreign currency responsible for continued market slump

Morsi âPresidential Palaceâ trial postponed
Cairo dust storm causes delays

Dana Gas upgrades Egyptian plant to increase production
Improvements will boost output by 25%

Ministry of Antiquities needs EGP 40m to continue operations: Minister
The ministry is struggling because of a slump in tourism following the 25 January Revolution

All eyes on $1tn
African agribusiness is set for a huge leap, according to a World Bank report
SCAFâs new formation implements new constitution: military spokesman
Defence minister will now preside over the council instead of the president

Support for journalists detained in Egypt continues to mount
Protests held in 40 locations worldwide as trial for Al Jazeera staff faces delays

Parties call for replacing interior minister in new cabinet
Political parties highlight the importance of restructuring the Ministry of Interior

Victims of forcible evictions subject to repeated violence: Amnesty International
Rights group details use of excessive force by security officials

Egyptian autocrats struggle with footballâs political pros and cons
By James M. Dorsey An Egyptian government initiative to build more than a thousand new football pitches to âkeep youth off the streetsâ against the backdrop of a rising number of clashes between fans and security forces and a likely extension and expansion of the ban on spectators attending matches highlights the opportunities and threats …

Striking workers not included in the minimum income system: Ministry of Finance
Business sector public companies and authorities âthemselvesâ are responsible for raising the wages of their employees, Mesbah Qotb says
Egyptian Pound flat in official and black market trade
Reuters – The Egyptian pound was steady at a central bank foreign currency sale on Monday and remained unchanged on the black market. The central bank sold $38.6m to banks with a cut-off price of EGP 6.9508 to the dollar, fractionally stronger than the cut-off price of EGP 6.9509 from Mondayâs auction. The bank had …

Fed up with âslow serviceâ, internet users refuse to pay
Thousands of internet users have organised under the banner of the Internet Revolution initiative to put pressure on service providers to lower prices and increase speed

Journalists face military court for allegedly publishing classified files
Amnesty International calls for journalistsâ immediate release; describes them as âprisoners of conscienceâ

IFC exploring alternative energy, infrastructure projects in Egypt
Diversifying energy sources is crucial to achieving economic development, IFC vice president says

Boundless natural gas, boundless opportunities: Interview with EIA chief
The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70bn cubic feet a day and is expected to reach over 100bn cubic feet per day by 2040. The trend is likely to continue without hitting a …