Latest in Tag: Daily Highlight
Latest in Tag: Daily

Government halts 10% capital gains tax for 2 years after market investor pressures
Market indices increase more than 5% following the decision

Mehleb approves land in Maadi for Majid Al Futtaim project
The UAE-company’s five-year plan for Egypt includes investing EGP 3.9bn in the City Centre Maadi expansion

NDP headquarters prepared for demolition
Tearing down the dissolved party’s headquarters is expected in the upcoming days

Egypt Gas loses EGP 17.3m in Q1 2015
The company witnessed a workers’ strike in April

Unemployment rate records 12.8% in Q1 2015
The rate stood at 13.3% in FY 2013/2014
Exchange of fire with no causalities in Fayoum
Protests erupted in the city following death sentences for Muslim Brotherhood leaders

CIB records 47% revenue increase, 38% net profit increase in Q1
Bank said growth was driven by increase in non-interest income on increased trade finance, foreign exchange volumes and capital gains from investments

The outcasts of judiciary’s elite paradise
138 excluded prosecutors demand right to judiciary career without discrimination

FJP vows ‘heavy price’ for death sentences
Death penalty has become Egyptian authorities’ favourite tool to purge political opposition, says Amnesty International

First death sentence handed to Morsi
Former president and 105 others referred to Grand Mufti, final verdict to be issued 2 June

Policeman killed in drive-by shooting in Giza
Six masked men shot at policeman in the early hours of the day

Sentence against police officer annulled in Sayed Belal case
Officer Osama Al-Konaisy was handed 15 years in prison before court ordered retrial

600 terrorists arrested in April: Al-Sisi
Numbers of arrested militants much higher than prison and detention facilities capacity, says rights lawyer

Wounds and medicines of Sinai
Analyst Khaled Okasha and Sinai activist Said Ateeq present an image closer to reality in the ‘neglected’ peninsula
Police officer detained for taking out driver’s eye
Prosecution ordered detention of the officer for four days pending investigations

Justice minister resigns over ‘classist’ comments
Minister asserted sons of garbage collectors cannot become judges, causing outcry

Court orders activist Mahienour El-Massry back to prison
The human rights lawyer will be awaiting averdict session on 31 May

Bassem Youssef to host international Emmy Awards
He has become a comedic force and important political commentator around the world, says awards official

Abu Trika’s appeal against freezing assets rejected
The governmental committee tasked to confiscate assets and properties of the outlawed Muslim Brotherhood rejected the player’s appeal on the grounds that it is not based on correct evidence, state media reported.

Suspended prison sentence against activist Alaa Abdel Fattah upheld
The prominent activist and twelve others were sentenced on charges of torching presidential candidate’s campaign headquarters

Parties to produce conclusive view for elections law amendment
Workshop with representatives of 36 parties to start Thursday
70 Sinai residents released from Azouli military prison
Residents had been randomly arrested, says Sinai-based activist

Football legend Abu Trika’s assets frozen for affiliation to ‘terrorism financing’
The player appealed the decision, as all bank accounts are also frozen

Journalists strike called for 10 June
Press Syndicate member suggests strike to protest arbitrary dismissals and unfair salaries

Conservatives Party to launch ‘Unified Project’ coalition
Initiative by party gathers 30 parties to produce conclusive view of laws

Court of Cassation hands Mubarak, sons 3-year prison sentences
Former president has already served his time in prison

Mabrouk replaces Garrido as Al-Ahly coach
New coach promises to keep competition alive

Egypt 3rd in Arab region for online ticket purchases: Report
Online ticket purchases amounted to $1.9bn in Egypt, e-commerce of travel and tourism sector valued at $870m in 2014

Emaar Misr recommends fair price of EGP 4.7 per share, trading mid-June
EFSA is yet to study and approve real estate company’s recommendation
Egypt to host Libyan tribes’ conference in May
Exact date to be coordinated with UN and tribes, says Foreign Ministry