Latest in Tag: DNE Highlight
Latest in Tag: DNE

Notes from America: Ramadan – a personal reflection
By Ahmed Tharwat The Muslim holy month of Ramadan began last week. This fasting month is observed by millions of Muslims around the world, unless you are in China, where anti-fasting cops resort to force feeding observing Muslims in public. The number of hours that Muslims must fast will vary based on where they live. …

How Germany collaborated with Egypt in arresting Ahmed Mansour
By Jonathan Moremi The arrest in Berlin last weekend of Ahmed Mansour, famous journalist of the Qatar based Al Jazeera network, made headlines all over the world. The fact that Germany with its high reputation as a politically stable democracy acted on behalf of Egypt, a regime that is nationally and internationally accused of ignoring …

Emirates NBD seeks 25% growth in activities by end of 2015: Al-DamatyÂ
The bank finances more than 22 sectors, primarily in energy, petroleum, communications, construction and food

Earthquake felt in Cairo, other governorates
Quake measures 6 on Richter Scale, no losses or damage recorded

Bank Audi-Egypt participates in Economic Summit loan with EGP 400m: Fayed
The total loan value is at EGP 10bn, of which Bank Audi-Egypt provided EGP 400m. The other banks involved in the loan include the National Bank of Egypt, Banque Misr, Banque du Caire, QNB, United Bank of Egypt, and Arab Bank.

Arab-American meeting to be held in Beirut on Tuesday
Arab banking sector is committed to highest international standards in fighting money laundering and terrorism funding, says UAB Sec-Gen

CIB launches Smart Saving account with EGP 500 minimum
New account combines money box and âgameayaâ (joint fund), with accumulated interests not affected by market changes says bank official

Egyptian Ambassador to China to attend AIIB agreement signing: Al-Ahwani
Egypt was confirmed to join the China-backed bank in April and became one of the 57 founding members

Charity foundation gives EGP 75m for commodities for low-income families: Supply Ministry
Ministry supports charity organisationsâ efforts by delivering aid through largest sales network across the country, says Hanafy

12 new water sanitation projects completed in new cities: Housing Ministry
195 drinking water and sanitation projects will be completed on 30 June, says Madbouly

Governmentâs charter airline incentives raise hotel occupancies in 4 tourist areas: ETAA members
Decision targets increasing bookings for winter season in Luxor, Aswan, and Taba, and in summer for Marsa Matruh

Al-Sisi approves amendments to law organising Suez Canal area investment
Economic zone will include special customs office launched in coordination between authority head and Minister of Finance, according to Sarie-Eldin

Egypt objects to âfallacies, exaggerationsâ in US human rights report
We need to take a stand against mass trials, says NCHR member

CIB Foundation leads blood donation campaigns to Egyptian public hospitals
Blood donation campaigns were held over two weeks in some of the bank’s main branches, in cooperation with Takatof Foundation

Banque Misr Foundation improves living standards of 11 villages in 4 governorates
The projectâs implementation period was from 2012 to 2015. It aimed to improve the quality of life of residents of these villages through education, health, economy and culture.

MIHC controls 60% of insurance market shares : Deputy Chairman
Three companies emerged from MIHC, and are 100% owned by it: Misr Insurance (properties); Misr Life Insurance; and Misr Real Estate Assets.

Banque Misr celebrates 95th anniversary
Egyptâs first bank, Banque Misr was established by Talaat Harb
3 arrested in Friday protests
Anti-Coup Alliance called on Egyptians to hold protests demanding army âreturn to its barracksâ

Over 45,000 quarry workers may be suspended: Syndicate leader
Mineral resources law pushes quarry owners to pay certain amount for each sqm owned

Friday attacks stir fears over tourist targets in Egypt
Extremists have been targeting civilians more recently, as opposed to security

Banque Misr sponsors Ramadan tournament of youth centres
The bankâs contributions in social responsibility are focused on several axes that include health, education and youth, as youth are considered leaders of the nation’s progress.

Dispute over marriage in Coptic Church sparks calls for Pope to resign
Pope Tawadros II has refused calls to reform Church rules over divorce and remarriage
Bombs go off outside EMPC, Assiut church
No injuries or deaths reported due to explosions
Egypt condemns terrorist attacks in Tunisia, Kuwait, France
Attacks on Friday in France, Tunisia, and Kuwait, left over 50 people dead

Egypt recloses Rafah crossing
Authorities allow 1,158 people to cross, at least 10,000 people have signed up to travel outside Gaza

Users boycott Egyptâs telecoms companies
Group claims Egyptian telecommunications companies are âexploitativeâ, demands consumers dictate prices

Hellofood: Fastest online platform for delivering foodÂ
âHellofoodâ is a company that believes that sharing good times means sharing good food.

Draft budget shows slower fiscal improvement than projected: Moodyâs
Rating agency Moodyâs expects that lower oil prices in FY 2014/2015 will reduce fuel expenses to around EGP 70bn compared to EGP 100bn in the original budget
In Pictures: The other face of Ramadan through labourersâ eyes
In Ramadan, the work quota does not change a lot for construction workers, as they do not have any specific working hours.

EIPR supports call for CIA torture ‘accountability’
Groups stay that the US “has much to gain”, if it rejects impunity and provides “adequate redress to the dozens and dozens of people it so brutally abused”