Latest in Tag: DNE Highlight
Latest in Tag: DNE

New website seeks to define the vocabulary of the Egyptian revolution
Researchers are asking the public to share their stories in an attempt to document the development of new words such as âTamarodâ or âthird partyâ

Sequel to acclaimed âJews of Egyptâ documentary opens Ismailia Film Fest
End of a Journey is the second part of the documentary of âJews of Egyptâ now shown in the Ismailyia International Festival

The limit of Egyptian hospitality
When I met with the European Unionâs Chief Observer Mario David at a polling station in downtown Cairo last week one thing that he highlighted to me was how welcome he and his fellow observers felt. He described âthe salute they give us… the welcoming smilesâ he had seen during his time in Cairo. He …

Copts and political action before the 1919 revolution
In our previous article, we attempted an overview the Coptsâ role in the public and political spheres before the 25 January Revolution. Many friends reminded me that I did not touch upon what happened before 1952. For this article, I had decided on discussing the role of the Copts from 1952 through January 2011, but …

Landslide victory for Al-Sisi, inauguration slated for Sunday
The president elect prepares to take the oath-of-office after receiving vast majority of votes

FEDCOC Securities Division to challenge stock market tax: Division member
Securities Division intends to appeal tax on stock market, claiming double taxation, as cabinet refers law to President Adly Mansour
Tourism Federation launches investment fund worth $ 1bn
Company managing the fund receives Kuwaiti offers to contribute to its capital

Discount and added tax for excess liquidity canceled: Minister of Finance
Government scraps “added” tax to provide excess liquidity to traders and to facilitate transactions. Estimated proceeds of the stock market and wealth tax is EGP 10bn
Foreign Ministry summons Turkish Charge dâAffaires
Ministry expresses âdistasteâ for comments made concerning last weekâs elections

Property law approved, expected to raise EGP 3bn: Government officials
Tax rate applied will be 10% of the unitsâ rental value
Egypt business activity shrinks in May: PMI
Reuters –Â Business activity in Egypt shrank for the third month in a row in May, a poll showed on Tuesday, in a sign the economy remains fragile as former army chief Abdel Fattah Al-Sisi is set to become the countryâs next president. Egyptâs economy has been hit by more than three years of political and …

EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president
The total amount of investments that are hoped to be collected from public sector companies amount to EGP 3.69bn for the 2014/2015 year, according to Al-Mula.

EGP 45.5bn growth in deposits during 1Q 2014: CBE
Total government deposits at the end of March were EGP 169.412bn, decreasing EGP 1.29bn from December 2013, when deposits were EGP 170.702bn
Contempt of religion trial adjourned to 24 June
Christian man faces contempt of religion charge for social media activity

Domestic liquidity increases to EGP 1.44tn: CBE
Increase of net domestic and foreign assets in banking system contribute to a 11% increase in domestic liquidity, according to central bank report

Private business accounts for 63.2% of credit facilities end of March: CBE report
Central bank announces 2.6% increase in total credit facilities

Bank loan assets increase by EGP 7bn in March: CBE
Bank balances in March rose to EGP 559.444bn as compared to EGP 553.464bn in February and EGP 546.228bn in December of last year.

Libyan delegation arrives in Cairo amid tensions back home
Four Libyan ministers arrive in Cairo for meetings with high-level officials

Egyptian foreign ministry welcomes Palestinian unity government
MFA hails Hamas-Fatah agreement as âimportant step for the restoration of Palestiniansâ legitimate rightsâ
Hosted by the dead
Situated in one of the oldest, poorest and busiest areas in Cairo is the district of the Seven Churches. Built around the ruins of the Babylon Fortress, this district is believed to be the place where the holy family walked during their refuge in Egypt. Serpentine narrow alleys, lined with old, white stones walls and …

The Brotherhood ‘deviated’ from original focus, prioritised politics over revolution: Kamal Helbawy
Daily News Egypt interviews former Muslim Brotherhood member Kamal Helbawy to discuss his history with the group, reasons for his departure, and the future of the now outlawed group

Europe and those Arabs (3): Migrating for a lonely death
In 2007, mid-production of a documentary film of mine called Back in a Coffin discussing the phenomenon of illegal migration from Egypt to Italy on what is tragically called death boats, I learned about real human beings, not just a media exaggeration to sell a story to the public. In a village called Tatoon in …

Sabahyâs bottom dollar bet
By Johannes Amin Makar For some time, a bit of an insane mind seemed requisite for one to enter the presidential race in Egypt. Various indicators contradicted a fair battle, and for many, contesting Al-Sisi had everything of a nutty business. The sanity claim appeared to be honoured when the little credible Mortada Mansour announced his …

Climate change, diminishing of conventional energy, and economy growth
By Eng. Hisham Farouk Mostafa In 2001, the German government greeted delegates from all over the world to Bonn in the first conference discussing climate change and the diminishing of conventional energy sources. A series of summits have since been held globally and based on the Kyoto protocol, signed in 1997. That human activity is the …

Democracy and modernisation are universal values, not western products
By Mohammed Nosseir Democracy and modernisation are not western products that the west is trying to export to certain countries that have a shortage. They are universal values that, for many reasons, the west was able to espouse and implement before other countries. Among these reasons was a particular mix of culture, law and leadership that …

Egyptian satirical programme permanently shut down
Bassem Youssef’s wildly popular Al-Bernameg will not return to airwaves

Arabian Cement begins preliminary coal usage to increase power output
Company figures show that in 2013, production output was at approximately 4 million tonnes, versus 4.3 million tonnes produced the year before.

Informal system is a âstructural defectâ of Egyptâs economy: Al-Diwani
Prohibitive laws and procedures push Egyptians to work in the informal sector, says executive director of Center for Economic Studies

Following a series of losses, capital market gains EGP 8.13bn
All stock market indices rise minimally

Fiscal deficit to remain in double digits, inflation unlikely to rise: CitiBank
Economy remains weak with consumption under pressure and investment affected, the report stated