Latest in Tag: Daily Highlight
Latest in Tag: Daily
Mehleb asked to form new government
New cabinet to be formed within the next three to four days
Misdemeanour courts send 220 to prison for separate incidents in Alexandria
Prisoners referred to Homeland Security Prosecution for joining the Muslim Brotherhood
South Africa concerned about terrorism in Egypt: South African State Security Minister
A South African delegation visits Egypt for the first time since Morsiâs ouster
Moodyâs says Egypt banking sector outlook still negative
Moodyâs cited âbanksâ high and increasing exposure to Caa1-rated Egyptian government debtâ, which ties the systemâs solvency to sovereign default risk.
The Conmanâs paradise
In the 1960âs, the Egyptian state newspaper Al-Ahram was filled with headlines about the amazing scientific breakthroughs of the Egyptian military. One such headline celebrated the invention of the first âArab-madeâ airplane â one that could reach Mach 2 â while the other announced to the world the creation of Egyptian missiles that could reach …
What do malware and mosquitoes have in common? More than you might think.
By Anthony Perridge Malware seems to be everywhere and itâs incredibly challenging to combat. It can take many forms and is increasingly resistant to traditional approaches to detect and stop. Instead of relying on a single attack vector, malware will use whatever unprotected path exists to reach its target and accomplish its mission. Mosquitoes are …
Arab Contractors net profits down 33.3% year on year
Net profits register EGP 336m in FY 2012/2013, compared to EGP 505m in the preceding fiscal year
Saudi Aujan Coca-Cola plans $100m factory in Egypt
Egyptâs army-backed government is trying to attract foreign money back into the country and create jobs to ease social discontent as it manages the biggest Arab nationâs difficult transition to elections this year.
âZero tolerance for any form of dissentâ: HRW
Human Rights Watch, Reporters Without Borders criticise limits on free expression
Court restores ministry-affiliated security to university campus
Verdict described by AFTE Student Observatory researcher as âworthlessâ
Amer Group posts 79% drop in 2013 profit
Reuters – Egyptian real estate company Amer Group posted a 79% drop in net profit for 2013. Amer Group, which owns hotels, restaurants, malls, and other businesses, made EGP 31.996m ($4.60m) last year, compared with EGP 155.554m in 2012, it said in a statement on Monday. Revenues for 2013 dropped to EGP 877.7m compared with …
Egypt draft law bars third-party challenges to contracts
Reuters – Egyptâs draft investment law contains provisions to prevent third parties from challenging contracts made between the government and an investor, a cabinet source said on Monday, a move designed to attract badly needed investment. The clauses are intended to reassure investors unnerved by previous legal challenges to such deals, some of which have …
Pensionersâ Solidarity Syndicate criticises their exclusion from pension discussions
Egyptian Trade Union Federation has not recently met with the syndicate to discuss their demands, says syndicate member
Egyptian fishermen in Saudi Arabia released
All but four of the fishermen let go after being held since Friday for entering Saudi waters without permit
Morsi back in court for jailbreak case
Ousted leader to appear in court for the third day in a row
Movements welcome Shukrallahâs election as Al-Dostour Party Chairwoman
Electing a Coptic woman to lead a political party seen as a step in the right direction, ECWR says
Boosting African farm yields
By Michael Fleshman For tens of millions of people in rural Africa, life has gotten harder in recent years. Reliant on erratic rains, working exhausted soil and hobbled by decades of underinvestment and neglect, many have sunk deeper into poverty as agriculture â the mainstay of the regionâs economy â continues to face neglect. A …
Fuel shortage to blame for electricity blackouts: Ministry of Electricity
To address ongoing fuel shortages, the Ministry of Electricity says the country needs to turn to diesel or start importing natural gas
G20 vows to add $2tn to world economy to lift growth
US Treasury Secretary Jack Lew stressed at a press conference that the G20 had left the austerity debate behind and was fully focused on growth.
Detention renewed for political activists arrested on revolution anniversary
The four activists are among a group which was allegedly tortured since its detention
BREAKING: Ukraine parliament appoints speaker interim president
AFP –Â Ukrainian lawmakers on Sunday appointed parliament speaker Oleksandr Turchynov interim president, a day after they voted to oust President Viktor Yanukovych following three months of protests. Deputies voted by an overwhelming margin for Turchynov to act as head of state until new elections are held on May 25. Yanukovych, whose whereabouts are unknown, insisted …
15 sentenced to two yearsâ hard labour for violating public assembly laws
The convicted are among 33 arrested while discussing preparations for the revolutionâs third anniversary in a public park in downtown Cairo
Banks should contribute to all economic sectors equally: Bankers
âWhat matters for banks is the ability to meet deadlines for loan repayments,â says former Chairman of Misr Iran Development Bank
Morsi prison break trial postponed a second time
Deposed presidentâs court date moved to Monday
ECCR warns against pushing for harsher penalties against children
Childrenâs rights organisation describes calls made by state-affiliated NCCM as âirresponsibleâ
Forced evictions leave hundreds of families homeless: Amnesty International
Rights group says government negligence has left many without adequate housing
Gulf investor interest highlights Egyptâs retail upside
Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around $2.3bn in Egypt over the coming years
Update: Fahmy visits DRC and Tanzania
Interim foreign minister discusses Egyptâs water share with Tanzanian counterpart; prepares for COMESA summit
Sabahy meets former presidential candidate
Meeting between Sabahy and Ali aims to reach common ground over coming presidential elections
Lebanon IDs Beirut suicide bomber as radical Palestinian
The toll from Wednesday’s double car bombing rose to 11, after a woman died of her wounds