Latest in Tag: DNE Highlight
Latest in Tag: DNE
Metropolitan Consulting forms strategic partnership with Al-Bluwi Saudi group
Coordination to work in the fields of financial and credit consultancy and developing small and medium enterprises
French student arrested, deported from Egypt for researching 6 April
âThey knew who I was and what I was doing long before the arrest,â says student

EGPC, Rosneft sign agreement for oil products, LNG shipments
Minister of Petroleum Sherif Ismail said that signing the two agreements is a mutual cooperation between public companies in Egypt and Russia.
Qalaa Holding receives no subscriptions in capital increase attempt
Investment firm targets to raise capital by EGP 1.7bn
Ministry of Communicationsâ intervention to resolve TE crisis is legal: Negm
By Mohamed Alaa El-Din Minister of Communications Khaled Negm said his ministry’s intervention to resolve Telecom Egypt’s (TE) recent crisis is not against the law. He added, in a statement to the Daily News Egypt, that the government owns 80% of the company’s shares, which allows it to intervene in order to redirect the company’s path. …

Agriculture Ministry suspends cotton imports starting July
The step was taken targeting the protection of locally produced cotton.
Egypt’s debts to Paris Club decrease 18%
Egypt repaid $670m to Paris Club in July, another payment of same amount is expected to follow in January
Dim international and domestic news pushes EGX down
EFG-Hermes unlikely to use stabilisation fund to support Emaar Misrâs stock in next 30 days, an official said
Al-Masriya journalistâs detention renewed
Fears stoked as government plans to issue anti-terrorism law

CBE stabilises dollar price after 2 increases
Dollar will increase again, and the stable price is temporary, analysts say

âThe Republican Guardâ incident: Ambiguity remains 2 years later
The sit-in was to protest the military ouster of former president Mohamed Morsi on 3 July 2013.

Al-Sisi meets AJC delegation to discuss countering terrorism
The president met with the delegation on Monday, followed by meeting with PM Mehleb on Tuesday
4G licence proposal opportunity for TE to become integrated operator
TEâs acquisition of licence means giving up EGP 20bn, revenues of next five years, says official
TE releases financial results, revenues increase
The company stated it achieved 9.9% profit growth over Q1 of 2015, compared to last year
Egyptian kidnapped in Libya
Thousands of Egyptian migrants have returned to Egypt, though most remain in Libya

Shawkanâs defence pushes for resolution
Complaints will be sent to judicial authorities documented with samples of the photojournalistâs work

Holy month unleashes hail of donation campaigns
Commercials playing on smart metaphors, interactivity and abused children

Are Ramadan charity campaigns backfiring?
The campaigns that ask people to donate to cancer patients feature them as people who do nothing with their lives but wait for death.

FIFA’s Blatter unwittingly pinpoints football governance’s prime issues
By James M. Dorsey Embattled FIFA president Sepp Blatter unwittingly put his finger on two fundamental issues that underlie a corruption scandal that has rocked world football governance, the worst crisis in the sport’s history: the fiction that sports and politics are separate and hypocrisy that distorts legitimate debate about Qatar’s successful but controversial World …

Egyptian mediaâs losses
The media lost another battle during the war in Sinai, when everyone raced for information in light of the militaryâs maintenance of their usual policy at such times. The military was only ready to feed the Egyptian and foreign media false information. The media fell into the trap so easily, without even citing the source …

No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin
Poor performance and financial manipulation are most notable issues affecting EATC

Car sales decline in May
Overall car sales in first five months of 2015 increase compared to last year

EGP 12.246bn increase in banksâ deposits, EGP 16.8bn in loans last April: CBE
The CBE added that the household sector acquired EGP 75.9bn out of the total deposits of banksâ customers in April, where its deposits registered EGP 1076.371bn during that month compared to EGP 1062.607bn during March.

Dollar to officially jump to EGP 8.01: Dcode EFC
Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate against Egyptian pound, will push CBE to depreciate local currency

Ministry of Tourism sets cost of participating in 3 international exhibitions at âŹ2,500: ETAA
The three exhibitions will be held in Germany, Russia, and Spain, since 72% of the annual tourist flow to Egypt is from Europe

EATC organises annual meeting, suppliers currently stand by board of directors
The meeting discussed the current ongoing dispute in the Egyptian automotive market, especially the increasing demand by consumers on the companyâs models and the lower import volume from the agent.

Qalaa Holdings signs initial agreement to exit Misr Glass Manufacturing Company: Official statement
Qalaa indirectly owns 15.18% of Misr Glass Manufacturing Company

New budget of EGP 5bn allocated to Cairo Capital project: Housing Minister
NUCA adopted new budget for current fiscal year (FY) 2015/2016, with a value of EGP 33.2bn, says Madbouly

‘Human rights a hindrance for stability’: AOHR-UK tackles Egyptian policies
The UK-based watchdog criticises practices by security forces and judiciary but faces criticism itself

Egyptâs purchase of hacking software documented in new leaks
âYouth activists, political parties, human rights organisations – you and anyone they wantâ can be targeted by surveillance software says security researcher