Latest in Tag: DNE Highlight
Latest in Tag: DNE
Government considers new iron, cement licences to fill local gap
Consultations with GAFI Board on final draft of amendments to investment guarantees and incentives to take place within a week
Retribution outside the realm of law is ‘not permissible’: Dar Al-Ifta
The institution responsible for issuing fatwas says religious scholars unanimously view this as forbidden
Continuing decline in Brent prices positively impacts Egyptian economy
“We will not increase fuel imports because the financial resources are not available,” says EGPC chairman El Molla
Economic analysts agree with IMF report on Egypt’s economic status
Analysts request to amend monetary policy and take precautions with mega-projects in light of current circumstances
Brotherhood denies prosecution’s claims of attempts to ‘overthrow Egyptian state’
Prosecution accused Brotherhood of affiliation with foreign organisations and allowing “jihadists and extremists” to settle in Sinai
‘Al-Fatah Mosque clashes’ trial adjourned
Defendants were “unable to attend” the trial, say state media
Oriental Weavers expects EGP 5.8bn in 2014 sales, 2 new factories planned
By Mohamed Ayyad and Mohamed Mostafa Oriental Weavers sales are expected to reach EGP 5.8bn this year, compared to EGP 5.5bn in 2013, according to the company’s founder Mohamed Farid Khamis. He added that last year exports reached EGP 3.9bn, representing 65% of sales. Khamis also revealed that two new factories to be located in …
EGP 4.2bn annual losses due to poor wheat handling
Mousa said that estimated losses associated with non-human consumption are 670,000 tonnes, of which 500,000 tonnes represent losses in cow and buffalo feeding. This is in addition to 130,000 tonnes for sheep and goats, 28,000 tonnes for camels, and 12,000 tonnes for birds.
Farmers request 12% increase in beetroot supply price
Farmers are also struggling to maintain profit margins, all of which increases production costs in the range of 12-13%.
First economic stimulus package projects to end in Q1 2015: Planning minister
Many projects in the housing sector, part of the economic stimulus package, will be concluded within two months
Imams of mosques should ‘not even consider’ entering politics: Ministry
Endowments ministry warns imams of ‘decisive actions’ if they decide to run for office
Shoukry calls for cooperation to combat terrorism in Middle East and Africa
EU counter-terrorism coordinator stresses EU’s “seriousness” in combating terror
Rabaa ‘operations room’ trial adjourned
Activist Mohamed Soltan’s hunger strike continues
Police assault, detain journalists covering protests near Tahrir Square
Journalists were covering new protests in Abdel Moneim Riyadh Square, a day after the violent dispersal of demonstrations left two people dead
‘State of Sinai’ claims killing of US oil worker
Henderson was killed in August in what is thought to have been a “carjacking”
Celebrating International Day for the Elimination of Violence against Women
95% of women between 18-28 suffered from verbal, physical harassment in the street, 52% think the way they’re dressed is reason
Likely Qatar deportation of striking workers raises concerns
By James M. Dorsey Qatar is signalling the rejection of demands of human rights and trade union activists to grant trade union and collective bargaining rights to its majority migrant worker population with the detention and likely deportation of more than 100 predominantly South Asian labourers who went on strike to protest low pay as …
UAE to supply Cairo transport authority with 600 new buses
President of the authority indicates that the remainder of the authority’s needs for buses will be covered from the state budget
Nuweiba-Taba Investors Association requests increased security measures
Investors Association requests Sharm El-Sheikh-style security measures due to fears of terrorist bombings targeting tourists
Regulations for real estate tax law amendments forwarded to State Council
Coordination with the ministries of petroleum, tourism, aviation, transport, and investment to standardise evaluation of real estate assets
Libyan FM expresses thanks for Egyptian support
Egypt, Libya foreign ministers look to upcoming neighbours of Libya meeting
Badie handed 3 year-sentence for insulting judiciary
“Prison Break” trial was further postponed to 20 December
Student protests break out against Mubarak verdict
Revolutionary Front calls for protests in 11 different universities around Egypt
Arab League states to back Palestine’s statehood bid in front of UN Security Council
In case statehood bid is thwarted, “we would move towards defining our relations with Israel by halting security coordination”, says Abbas
Mubarak verdict sparks angry reactions
Students vow to protest on campus; parties to sue Mubarak
Petroleum ministry refuses to adjust gas prices for North Alexandria BP Project
Expectation BP will not abide by its commitment to begin production by 2017
Egypt joins international ‘Group of Friends’ against torture
The group seeks to facilitate the implementation of the international convention against torture
Microbus-truck collision kills 14 in Minya
The victims were all passengers of the microbus, which overturned on the side of the Ring Road in Minya
Government performance under Al-Sisi could be better: Saad Eddin Ibrahim
Long pre-trial detention periods one of the current political flaws, says secretary general of the Ibn Khaldoun Centre in Cairo
EGP 10.5bn to support budget deficit by Egyptian banks
NBE-led union collects loan worth $1.5bn to pay portion of the dues of foreign oil companies operating in Egypt