Latest in Tag: DNE Highlight
Latest in Tag: DNE

Students gear up for International Students’ Day
Protests continue against police presence, SAC calls on students to refurse military service
US hostage purportedly killed by ISIS
Peter Kassig’s parents appeal for media to “avoid playing into the hostage takers’ hands”

Egyptian ambassador, Abbas discuss latest developments in Palestine
Officials discuss Palestinian statehood and Al-Aqsa Mosque

Rocket attack kills Egyptian workers in Benghazi
Hundreds dead in militia violence in the eastern Libya city over past month
Second-hand market offers Cairenes weekly bargains
Cars and busses dust the people as they rummage through the piled up products. Framed by broken wooden bars, sales partitions are buried in a narrow alley of one of Cairo’s cemeteries. In Souq Al-Gomaa (The Friday Market), a variety of second-hand products are sold, ranging from toys, books, cassette tapes and antiques to …

Encouraging signs for Egypt’s economy
By Oxford Business Group After years of uncertainty and turbulence, Egypt’s economy is beginning to show some signs of recovery, with a marked rise in business confidence helping to strengthen indicators in both capital markets and the broader economy. Emerging signs of growth are welcome not only for investors, but also for the government, following …

Moroccan refusal to host African Cup rooted in fear and prejudice
By James M. Dorsey Morocco’s refusal to host next month’s 2014 African Cup of Nations football tournament out of fear that it could import the Ebola virus from West Africa spotlights complex relations between the continent’s Arab and sub-Saharan nations as well as the non-transparent inner workings of the Confederation of African Football (CAF), a …

UAE lists Muslim Brotherhood, Ansar Beit Al-Maqdis as terrorist organisations
The new law makes specific reference to the Muslim Brotherhood, its international branches, and affiliated charities, like the Islamic Relief Organisation.

The Bank of 20XX
It started with the ATMs because they broke many banks’ assumption that their customers transacted all their bank business in their own branch.

Farmers demand higher price on beetroot
Sugar cane factories will begin receiving sugar cane crops by the end of next month, and sugar beet crops by the end of January 2015.
EGP 100,000 microfinance limit subject to 5% increase: EFSA chairman
Microfinance law is most important economic legislation issued since January 2011, claims Sherif Samy

EGP 8bn to develop road network: Transportation minister
Ministry plans to expand road network to limit accidents and accommodate traffic
Egypt joins Arab cyber security convention
Cooperation aims to prevent, investigate, and prosecute the use of the Internet to commit crimes
Grand Mufti advisor condemns Al-Baghdadi’s threats to Egypt
“Terrorists are deceiving their followers by the illusion of the Caliphate”, says Ibrahim Negm

State of the currency exchange market
On the black market, the lowest selling price for the US dollar was EGP 7.15 while the highest prices ranged between EGP 7.57 to EGP 7.59.

More Mubarak-era politicians to run for parliamentary elections
Kamal El-Ganzouri served as country’s prime minister from 1996 to 1999

Banks highlight improved services, quarterly results
CIB Q3 net profit rises 5.6% Egypt’s leading bank, Commercial International Bank (CIB), reported a 5.6% rise in the third quarter (Q3) net profit. The bank added that the net profit stood at approximately EGP 972m, up from EGP 920.4m in the same quarter last year. Q3 consolidated revenues were EGP 2.04bn, up 17% from …

Terror at sea: Doomyat
By Amr Khalifa The Mediterranean turned red last Wednesday. What we know is far less than we should: eight Egyptian sailors are missing, five are injured, reported the Egyptian army, in a battle with ‘terrorists’ off the coast of Mediterranean city Domyat [Damietta], best known for its furniture. With each passing day, professional analysts and …

Bicycles: The future of transport in Egypt?
Dutch embassy organises cycling day in Egypt’s streets

Ansar Beit Al-Maqdis claim deadly Sinai attack
Egyptian militant group rebrand as ‘State of Sinai’ and could now be taking orders from ISIS, says analyst

Has a transfer of power within the 1952 family led to drastic changes?
Power transition within the 1952 family occurs if the regime’s crisis reaches an impasse and “change” must take place to overthrow the president and the group or oligarchy surrounding him. This leads to new regime officials appointed and some policy alterations. Perhaps we recall that, at the peak of a crisis leading to a power …

Volleyball federation sanctions Iran in new assertiveness on women’s sporting rights
By James M. Dorsey The International Volleyball Federation (FIVB) has warned Iran that it would be stripped of its right to host the 2015 Under-19 men’s world volleyball championship if it bans women from attending matches. The warning signals a new assertiveness driven by the International Olympic Committee (IOC) to make adherence to human, gender, …

Has ISIS reached Sinai?
By Khaled Okasha Ansar Beit Al-Maqdis (ABM) officially announced their allegiance to ISIS and their recognition of Abu Bakr Al-Baghdadi as the Amir of all Muslims this week, with both groups exchanging support via web pages affiliated with jihadist organisations. Forming an even more serious a concern, ISIS sent ABM a new target map to implement …
Egyptian and US army officials discuss military relations
10 apache helicopters to be delivered to Egypt this month
PepsiCo Egypt imports $20m in agricultural supplies
PepsiCo has put forward a request to the Ministry of Agriculture for land to cultivate potatoes, according to General Manager of PepsiCo North East Africa and Egypt Ahmed El-Sheikh. The company put forward the request to be able to produce locally instead of importing. He announced that the cost of importing seeds will be approximately …

Cabinet to rule on electoral districts draft
Some parties believe districts made to garner “votes for the government” in upcoming parliamentary elections
Syndicate leader referred to prosecution for ‘insulting president’
Defendant was arrested by state security for anti-government posts
Non-payment court cases total EGP 128.7m: CAPMAS
The value of “protesto” cases has decreased by 0.23% in past year

Shoukry meets UN Syria envoy
Egyptian foreign minister emphasises political solution to Syria crisis

Telecom Egypt experiences profits drop in 2014
TE’s revenue amounted to EGP 9.1bn during the first nine months of 2014, compared to EGP8.3bn for the same period last year, according to a company statement.