Latest in Tag: DNE Highlight
Latest in Tag: DNE

Ethiopian Airlines hijacker was co-pilot: police
The man, born in 1983 and an Ethiopian citizen, had contacted Geneva Airport and said âhe needed to land to fill the tank. After that he announced the hijacking,â Grandjean said.

Iranâs Khamenei says nuclear talks will âlead nowhereâ
Iran agreed to freeze some nuclear activities for six months in exchange for modest sanctions relief and a promise by Western powers not to impose new restrictions on its hard-hit economy.

Indonesia slams reported Australian spying as âmind-bogglingâ
Kerry visited Jakarta on Monday as part of an Asian tour, tensions flared over new espionage allegations in a weekend New York Times report, which said Australian spies targeted Indonesian officials during a trade dispute with the United States.

Mahalla textile workersâ strike enters eighth day
Thousands gather as other Kafr Al-Dawar workers join in solidarity

Retired general announces presidential bid
Former Chief of Staff Sami Anan becomes second hopeful to announce candidacy

Two more MB leaders referred to criminal court
The organisation was banned by court and designated a terrorist organisation by the government
UAE Telco Du agrees terms on $720m loan financing
Reuters – UAE telecom firm du has agreed terms on a $720m loan which will be used to replace two existing debt facilities and lower the companyâs funding costs, two banking sources said on Sunday. The five-year loan will be provided by Abu Dhabi Commercial Bank, National Bank of Abu Dhabi and Saudi Arabiaâs Samba …
Luxembourg bill for debut sukuk to take 2-5 months to pass
Reuters â Luxembourgâs parliament could pass a bill as soon as two months from now to facilitate its first issue of sovereign sukuk, though an upcoming budget vote may delay approval for five months, a legislative official told Reuters. Last month, the Luxembourg government presented a bill to parliament to allow the securitisation of assets …

Over 40 Sudanese companies to import Egyptian products
An electronic catalogue featuring Egyptian companiesâ products was distributed to all participants at Khartoum exhibition

At least four dead in blast targeting tourist bus
A fatal explosion in Sinai kills three Korean tourists and an Egyptian

UN refugee chief to visit Iran for talks about Afghans
Some five million Afghans driven by war, oppression and poverty have crossed the border into Iran and Pakistan in the past three decades, seeking better lives and jobs.
Court upholds charges for four Alexandria detainees
Lawyer says there is still room for appeal but it is a process that will take a very long time
Detainee dies of electrocution
Detaineesâ conditions in Egyptian jails worsen

Fahmy meets with UN representatives in Cairo
The two sides discuss peace talks in Palestine, Syria

Morsi espionage trial postponed, lawyers withdraw
Court to replace current defense

More talks between Egypt and Russia next month
Russian ambassador held a briefing on recent high level discussions in Moscow

Most rebels have left Syriaâs Yarmuk: Palestinian official
Yarmuk camp was once home to some 150,000 Palestinians, as well as Syrian residents.
Powerful Iraqi Shiâa cleric Sadr quits politics
AFP â Powerful Shiâa cleric Moqtada Al-Sadr, leader of a major political movement and a key figure in post-Saddam Iraq, has announced his exit from politics two months before elections. The decision, if confirmed as permanent, brings to a close a political career that began with his fierce opposition to the US military presence in …

Collecting the dead in South Sudanâs Bor
A stand-off between the countryâs leader Salva Kiir and his former deputy Riek Machar quickly spread to Bor, where old ethnic, political and historical tensions were revived and countless people were killed.

Sabahy cautiously advises against Al-Sisi’s nomination
Presidential candidate Hamdeen Sabahy criticises political detentions, says result of upcoming elections not a “forgone conclusion”
Citadel Capital says completes $530m investments
Reuters – Egyptian private equity firm Citadel Capital said on Sunday it had completed an EGP 3.7bn ($530m) programme of buying additional stakes in its subsidiaries. The purchases are part of Citadelâs transformation into an investment company that will hold majority stakes in subsidiaries in five core industries: energy, transportation, agrifoods, mining and cement, the …
Four wounded in Nasr City apartment blast
Ministry of Interior says pro-Morsi posters and explosives found in apartment, owner to be investigated

Empowering artists via AlQomrah
New project aims to provide guidance to young artists and preserve heritage

PEMC helps Egyptian museum recapture former glory
The PEMC hopes to help the museum raise funds in a more sustainable manner than previous groups

Egyptian Valentineâs Day celebrations
Valentineâs Day meant different things for Egyptians in Egypt and abroad

Inside the Box
Since 25 Jan and former president Hosni Mubarakâs ouster, Egypt has been in a perpetual stage of transition. All dreams of a better future and rosier outlook have evaporated in the midst of unrest that has kept investors and tourists at bay, stifling economic growth. The economy has been battered ever since, with foreign debts …

Revolution square one: Egypt three years on
By Al-Sharif Nassef Having revolutionary momentum pulled from under their feet twice, Egyptian revolutionaries face an increasingly upward battle against the tides of the establishment With the world watching, Egyptâs long-time intelligence chief, Omar Suleiman, announced the ousting of Hosni Mubarak from his presidential throne on 11 February 2011. The epic eruption of cheers, tears, …
EGX chairman urges international financial institutions to acquire stake in SMEs
Mohamed Omran says new listing rules aim to encourage companies to join stock market

Jordan’s drug-maker Hikma estimates 23% full-year revenue growth
Reuters â Jordan’s Hikma Pharmaceuticals Plc said it expects a 23% growth in full-year revenue, up from its prior forecast of about 20%, benefiting from a strong performance in its injectables and generics businesses towards the end of 2013. The London-listed company, which has grown over the past year on the back of a shortage …

Eurozone economy on course for modest recovery
The eurozone escaped a record 18-month recession in the second quarter last year with growth of 0.3% but data since then has been very mixed, sparking concerns the recovery could run out of steam.