Latest in Tag: DNE Highlight
Latest in Tag: DNE
Regional partners convene in Cairo to discuss Libya crisis
Libya’s neighbouring countries meet to discuss internal political turmoil in Libya; fear “terrorist activities” may move across borders
A year behind bars: Mohamed Soltan
American citizen arrested in the wake of Rabaa clearing
Abbas requests deadline for 1967 borders
Al-Sisi offers support to Abbas to implement two-state solution
Federation of Egyptian Industries chambers reject monetary donations to âBillion EGP Initiativeâ
Economy in need of industrial projects â donation initiatives are just âa media showâ, say chamber heads
Industry ministry issues decision to form committee dairy product safety and quality system
System to be implemented tracking all steps from farm to final product to meet export requirements for EU markets
Slum growth, electricity and water shortages are âenemiesâ to fight: PM
Government counts on Suez Canal, Golden Triangle, and northwestern Sahel projects to reduce unemployment rates
How uncertainty managed to negatively affect the Egyptian economy
By Mohammed Nosseir Egypt is in need of a coherent economic vision complemented by explicit economic policies. Undermining both, or using economic initiatives as substitutes and surprising citizens with an assortment of mega investment projects (even if they are beneficial) will not do our country any good. In a very short period, Al-Sisi has managed …
Syria: One year later
By Matthew Timmerman A column in honour of the one-year anniversary of Syriaâs chemical attack At 2.30 am on the morning of 21 August 2013, statements circulated on Twitter of a chemical attack in a Damascus suburb, and within days 1,500 individuals were reported dead. A UN investigation ensued as Western powers debated the appropriate response. …
Greater respect for international humanitarian law needed â 150 years after Geneva Convention
By Didier Burkhalter and Peter Maurer  150 years ago this past Friday, the first Geneva Convention for the Amelioration of the Condition of the Wounded and Sick in Armed Forces in the Field was adopted, enshrining the idea in international law that even in times of war, a certain degree of humanity must be …
Egypt looks to secure LNG production and supply
With its significant reserves of liquefied natural gas (LNG), Egypt has been a key exporter for regional consumers over the past decade but with growing domestic consumption and a number of fiscal constraints, the country has been looking to secure additional supplies by expanding LNG capacity. In May the Egyptian government signed a letter …
Ministry of Interior relocates street vendors causing outrage
Street vendors in downtown Cairo moved to Al-Torgoman, which they describe as “non-commercial”
Gaza fighting continues, no response to Egypt ceasefire call
Netanyahu calls on Gazans to evacuate sites used by Hamas, saying they are potential targets
Libyan militant group accuses Egypt of Tripoli air raids
Fajr Libya accuses Egypt of striking Tripoli with military warplanes, Egyptian foreign ministry denies responsibility in a statement
Call it ‘Al-Qaeda Separatists’, not the ‘Islamic State’: Egypt’s Dar Al-Ifta
Egypt’s Grand Mufti launches campaign to “clarify the tarnished image of Islam” in light of atrocities in Syria and Iraq
No electoral alliance until districts are drawn: Al-Nour Party
Chairman Makhioun says party is open to coalitions but only until official electoral lines have been drawn
Government bodies owe Petroleum Authority EGP 163bn
Several government agencies have stopped paying for fuel products they are receiving from the EGPC in light of their need for this money in order to pay dues they owe to partners and banks. Dues owed to the Petroleum Authority by government agencies are approximately EGP 163bn, according to an official at the Ministry of …
Government fails to abide by payment schedule with foreign partners
The government is the reason behind the continued inability of the petroleum sector to repay dues to foreign partners in return for oil and gas received monthly, said an official at the Ministry of Petroleum The EGPC has not complied with the agreement the ministry entered into with foreign partners for the payment schedule for …
Foreign partners demand government repays dues before increasing investments
Foreign companies operating in the oil sector have linked increasing their investments to their payment from the Egyptian government, in light of the governmentâs failure to keep to the repayment schedule that was previously agreed upon. According to an official at one of these foreign companies, the Egyptian government has no choice but to pay …
EGPC guarantees loan with naphtha, crude oil revenues from Ras Gharib
Total dues owed to foreign partners in the petroleum sector currently stand at $5.9bn, according to the head of the EGPC.
Dues to foreign companies increase by $300m
Dues to foreign companies operating in the oil sector have increased by $300m, while the government’s inability to pay such an amount â even as it repays small portions of its debt â has lead to an accumulation of the total debt to an estimated $6bn. The value of the foreign partner’s share, crude gas …
Petroleum agreements stipulate interest on the governmentâs dues to its partners
All petroleum agreements stipulate an interest on dues owed by the government to its partners in the case of late payment, and the interest rates vary with each agreement, the official added.
Government reduces gas to plants to solve power crisis
590m cubic feet of gas reduction for fertiliser and cement
Former presidential spokesman referred to criminal court
Ali stands accused of harbouring a fugitive and joining a terrorist organisation
Shoukry joins Syria meeting in Saudi Arabia; FM condemns killing of US journalist
Arab ministers will discuss deteriorating situation in Syria, Iraq and the rise of Islamic State
Egypt calls for âindefiniteâ ceasefire in Gaza
President Al-Sisi hosted Abbas to discuss the situation in Gaza and Egyptâs efforts to reach a ceasefire
Priority is to see Egypt succeed: UK Ambassador
New British Ambassador says Cairo posting is his âdream jobâ
Electricity ministry aims to attract private sector investment for Inga dam
A connection will be made between the Congolese and Egyptian dam, says undersecretary of electricity ministry
Suez Canal investment certificates announced Monday: Finance ministry official
The official expected the certificates to collect between EGP 30bn and EGP 40bn
Abbas calls for indirect talks to resume in Cairo
President Al-Sisi hosted Abbas to discuss the situation in Gaza and Egyptâs efforts to reach a ceasefire
El-Serify put under “probationary measures” over hunger strike
Hunger striking Karima El-Serify to be put under “probationary methods”, which family and friends say is a way to pressure her to end hunger strike