Latest in Tag: DNE Highlight
Latest in Tag: DNE
Egypt officials discuss Libya violence
The Egyptian foreign ministry stressed the need for violence and armed clashes to end in neighbouring Libya in a Thursday statement. The ministry’s political action group met to discuss the situation on Wednesday as the situation worsened in Libya with people attempting to flee the militia fighting in their hundreds. The ministry statement reported that the meeting “emphasised the importance of …

Obama calls for release of Al Jazeera journalists
US President says Greste, Fahmy and Mohamed “should be released”

Enrique Iglesias’s secret to success: ‘I love what I do’
Daily News Egypt caught up with the superstar Enrique Iglesias at the Mawazine World Rhythms Festival in Rabat, Morocco.

Mobile phones are next generation’s tool for electronic payment in Egypt: VISA
Mobile phones are crucial to Visa’s Egypt strategy and their use in making payments is a pillar of Visa’s holistic financial strategy, according to Tariq El-Husseini, North and West Africa Visa General Manager. El-Husseini said that the financial usage of mobile phones in Egypt has so far been limited to transferring funds from one person …

Peacemaking Egypt!
Since Hamas seized control of the Gaza strip, three notable spells of war have engulfed one of the most densely populated parts of the world. The latest of such outbreaks have been by far the deadliest of the three armed conflicts; more than 1,800 people have perished since Israel launched its operation on 8 July. …

World Bank agrees to $500m Egypt loan for home gas delivery: Mehleb
Prime Minister Ibrahim Mehleb held talks with World Bank Group President Jim Yong Kim on how to use bank’s financing for development projects in Egypt

British Airways improves website for customers with disabilities
Airline offered new services based on customer feedback

Egypt ranks 100 for foreign investment impact for communications for FY 2012/2013
Egypt tops other Arab countries, placing 100 in the foreign investment impact index for information transfer for FY 2012/2013, says World Economic Forum

Kantar Worldpanel launches in Egypt
First dataset on consumer behaviour in Egypt to be available by January 2015

Indirect Gaza talks underway in Cairo
Israeli delegation, Robert Serry, Tony Blair arrive in Egypt as ceasefire enters second day
Arab Contractors has suspended investments worth EGP 610m in Libya until situation stabilises
The Arab Contractors company has investments in Libya totalling up to EGP 610m, according to company chairman Mohamed Mohsen Salah, who added that the projects being implemented by the company include building sewage plants, dams and drinking water projects. According Salah, the company’s projects in sanitation, drinking water and drains are worth EGP 300m in …

EETC to offer international tender to implement Saudi Link project
The project will include the creation of a transmission line to transfer gas between the two countries at peak times for each country at a maximum of 3,000 MW.

Private sector reforms are crucial to reducing unemployment in Egypt: WB
Policies should be designed to provide a competitive environment, according to World Bank report

Viral video shines light on animal abuse at Giza Zoo
Lack of hygiene, inexperienced staff and a shortage of equipment are only some of the problems at the Giza Zoo, which activists compare to a “concentration camp”

Egyptian feminists raise awareness of women’s cultural and political role
Feminist groups like the National Council for Women (NCW) are trying to reach their goal by initiating projects to empower women in society and support women in politics.

Aramex to invest EGP 150m to expand storage, transport activities over next 2 years
In an interview with Daily News Egypt, CEO of Aramex Africa Samer Gharaibeh said that the company currently has a storage capacity of 106,000 square metres and hopes to add another 28,000 over the next two years.

Migrants: A treasure for Egypt
By Omar Khedr For its 2014 forecasts, the World Bank predicts that Egypt’s economy will grow by 2.4% followed by a further 2.9% expansion in 2015. Endowed with a young population, Egypt has a strong potential to kickstart its economic development programme. In fact, Goldman Sachs – one of the largest investment banks in the …

Egypt keeps changing suits – but its mindset remains intact
By Mohammed Nosseir Egypt has not changed a bit! It claims to have gone through two revolutions in less than three years and it has managed to have four different rulers since Mubarak was toppled from power, and has been shaped by the diverse styles of its successive rulers. However, the same mindset that was …

When poetry mirrors war
By Cesar Chelala I am returning home from a memorial to an old and dear friend, Marijke Velzeboer Salcedo. Marijke was a remarkable woman on many counts: a wonderful mother, wife and friend. She was a talented and energetic woman whose work on behalf of women for United Nations agencies contributed to the improvement in …

General Electric, Bechtel, and Cerberus Capital plan to increase investments in Egyptian market
Prime Minister Ibrahim Mehleb says government to adopt policies and development plans for real economic reform without increasing burden on citizens

US confirms support for Egypt’s economic reform programme
Government seeks to restore the confidence of international markets in Egyptian economy and gain support for economic reform programme
Military trial for civilians postponed to 28 August
Military court postpones trial for nine civilians accused of designing submarine with intention of attacking Suez Canal

Egyptian exports to the USA drop 37.6%, imports surge 7.6%
Flow of investment between the two countries also declines 61.7%, CAPMAS
16 defendants sentenced to 10 years prison
Cairo Criminal Court sentences 16 to 10 years in prison for storming police station

Israeli troops leave Gaza as 72-hour ceasefire begins
Operation Protective Edge “not over”; Israel prepares for indirect talks with Palestinians
3 militants killed in North Sinai raids
Six “wanted individuals” arrested as operation against militancy in Sinai continues

Nailed it
Salah, an architect, started constructing artwork with nails after quitting her job three years ago to take care of her newborn boy.

IFC, EBRD invest $60m in Mall of Arabia
Investment will be accompanied by additional $20m loan from the CIB

1 in 5 Egyptians experience food insecurity: Australian research firm
Gap between agriculture production and estimated population growth increasing, Australian research firm said
11 killed in Sinai raids: Military spokesman
Unlicensed vehicles destroyed in North Sinai raids on militant targets