Latest in Tag: Daily Highlight
Latest in Tag: Daily

Misr Al-Qawia demands Morsi’s release
Abul Fotouh’s party calls for political solution, as well as inspection for weapons in pro-Morsi
sit-ins

Alleged kidnappers released
Men accused of gathering children to take part in pro-Morsi sit-ins released from custody pending investigation

Armed forces commemorates Rafah’s border guards
The army honoured the families of 16 soldiers killed last year in Ramadan

No prison time for defamation
The interim cabinet ratified three new bills, restructuring the Supreme Press Council and the National Council for Human Rights

Customs evasion on the rise
915 cases of customs evasion and violation between January and June

OCI deal pushes stock up
The EGX 30 index closed with a 1.5% surge at 5615.36 points on Tuesday, while the EGX 70 index, encompassing small and medium sized companies, saw a modest rise of 0.53%. The broader index EGX 100 increased by 0.71%.

Burns, as well as UAE and Qatari Foreign Ministers extend stay
Burns, Al-Nahyan and Al-Attiyah’s visits add to the increasing diplomatic presence in Egypt, which currently includes EU special representative, Bernadino Leon.

Muslim Brotherhood leaders to go to court on 25 August
Court will investigate charges of inciting violence and killing protesters in front of the Brotherhood’s headquarters in Moqattam

Abdel Nour: Urgent measures to resolve economic woes, investment challenges
The minister said such steps would spur development and industrial production, improve the performance of the economy and decrease the burdens on citizens.

Optimism about economic revival increases
12% expressed concern about crime and 7% about terrorism.
Qatari foreign minister in Cairo
His arrival marks the first visit by a Qatari official since the overthrow of President Mohamed Morsi on 3 July.

Hassan Mustafa released
Court orders the release of Alexandrian political activist after six months in jail

Government plans urgent measures to curb inflation
Ministerial economic group to take measures to combat rising prices of consumer goods and food

El-Beblawi’s government sees highest recorded monthly borrowing rates in three years
The financial monthly bulletin issued by the Ministry of Finance showed the total issuance of bonds for May and June registered EGP 54.5m and 47.5m, respectively.

Kerry calls on new government to be inclusive
Kerry also said the interim government has a “responsibility with respect to demonstrators to give them the space to be able to demonstrate in peace.”

Supreme Administrative Court annuls Omar Effendi’s privatisation
The retail store will be restored to public ownership
Zamalek flies to Congo on Thursday
The Cairo-based club will meet Congolese Leopards on Sunday

Raba’a and Nahda a threat to national security: Cabinet
Muslim Brotherhood spokesman denounces “double standards” in treating Rabaa and Tahrir sit-ins

Ministry of Interior reshuffles structure
Third biggest restructuring in ministry’s history

Rights organisations condemn police practices
Human rights organisations call for police reform

Will Arab Gulf investments follow their aid commitments?
Head of Arabian House of Consultancy for Financial and Economic Investment says aid a reflection of “a conflict, and to show loyalty and support to Egypt.”

Petition to White House demands Brotherhood be declared terrorists
Over 120,000 signatures have been collected so far

Avoiding austerity, Ahmed Galal is betting on Egypt’s economy
Egypt’s new Minister of Finance, Ahmed Galal, has chosen. He prefers a strategy of stimulating the economy over a focus on austerity. This is bold. It may not seem like it, especially in the midst of the manly, grand ultimatums we have seen in the last month, but in economic terms, it is. Pushing for …

Clashes erupt in governorates
Supporters and opponents of ousted president Mohamed Morsi continue to clash in several governorates following Friday demonstrations

Egypt’s government cancels tax returns on properties
The law will affect all new homeowners, who will pay a tax of 10% on the total value of their property.
Attack on Minya churches repelled by residents, security forces
Witness: “None of the assailants were arrested or charged with anything”

Moving Egypt back to the democratic path
By Catherine Ashton Even in a country as turbulent as Egypt is today, some traditions transcend the sharpest divisions and provide brief periods of calm. Last week, on my drive into Cairo we saw very few cars. The city’s legendary traffic jams had disappeared. It was just after dusk. People were at home with their …

Minister of Finance: Egypt’s government seeks to avoid austerity measures
Galal downplayed the importance of resuming talks with the International Monetary Fund (IMF) over the country’s pending $4.8bn loan, which the previous government under former president Mohamed Morsi had been pursuing since August 2012.

Ministry of Interior and army coordinating to disperse Rabaa protesters
Ibrahim: operations in Sinai are being prepared and homeland security administrations against extremist activities are essential

Car market grows 15% in first half of 2013
102,000 vehicles sold despite political turmoil