Latest in Tag: DNE Highlight
Latest in Tag: DNE

Government aims for 15.8% tax revenues growth in FY 2015-2016
Expected tax revenues for FY 2015-2016 are EGP 422bn, through application of VAT and fighting tax evasion

Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla
Expected decline in fuel consumption is 5% during new fiscal year, says EGPC executive chairman

Budget outlines: Short notice, ambitious goals
Budget draft revealed 12 days before beginning of new fiscal year

Motivational industrial strategy to advance public business sector: Investment Minister
EGP 5.6bn exports targeted by the Metallurgical Industries Company in FY 2015/2016, says CEO

Ministry of Housing to allocate 5,000 land parcels in 10 new cities.
Draw entry fees are EGP 25,000 as down payment in cash or with accredited banking cheques in any Housing and Development Bank branch

Shipment of liquefied natural gas arrives in Ain Sokhna
We repay the value of liquefied natural gas periodically: Abdel Badie

Youth launch campaign to boycott telecommunication companies on Thursday
The movement specified the boycott time from 5pm to 10pm, and so far more than 25,000 users intend to participate.

Banks invest over EGP 159bn in fixed income tools in 1 week: CBE
EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury bills

Egypt condemns Yemen mosque attacks, coalition airstrikes continue
UN brokered peace talks stall

Abul Fotouh’s ‘vision’ stirs criticism, reservations
Misr Al-Qawia leader calls for early presidential elections and release of opposition

Banque Misr’s Islamic banking branches increase to 35
The bank supplied this branch with all modern equipment to guarantee an outstanding service level for the customer and to help them save time, especially after applying the e-linking system between all the bank’s branches.
Militant commits suicide, another killed: Military spokesman
Border crossing between Egypt and Gaza is now closed

Police officer injured following explosion at his house
Explosion is fifth similar incident to occur since beginning of June
Explosion targets electricity pylon in Fayoum
The explosion severely damaged pylon, leaving no injuries

Al-Azhar denounces China’s banning of Ramadan fasting
China is depriving its Muslim population of their religious freedoms, says leading Sunni authority

20-year-old girl allegedly forcibly disappeared
Family and friends say security forces took Eman Gad on the first night of Ramadan

South Korean activists stand in solidarity with Egyptian detainees
Protests are part of a wider call for international action in solidarity with Egyptian detainees

Raneem El-Weleily wins first title of Alexandria International Squash Open
El-Weleily won over her compatriot, ranked seventh internationally, Omneya Abdel Kawy, in the final match, with a result of 11-6, 11-5, 11-9.
Egyptian team succeeds on first kick at Africa Cup of Nations qualifications
The Egyptian team came at the top of their group, with three points, and a one goal difference from the Nigerian team, which defeated Chad’s team 2-0.

Mahut, Nadal on coronation stage in Stuttgart, Hertogenbosch
This is within the 250 points of ATP World Tour. Nadal won after beating his Serbian opponent, Viktor Troicki, in the final game.

Ministry of Interior responsible for detainee’s deteriorating health: Rights groups
The 63-year-old suffered from overcrowding and excessive smoking in the police station

Pressure of World Cup qualifications, poor planning reason for failing in African championships: Former Al-Ahly coach
Egyptian coaches need education to reach universality

Splash launches Summer 2015, Eid collection in Egypt
Arriving at the store, Saba met with her fans, who had been waiting to catch a glimpse of their favourite star
Fashion Walk to invade streets of Cairo
“Fashion Walk is a massive designer showcase, which will help the artists engage directly with the biggest audience,” says organiser

Amor: A new star in the local gold industry
The “Amor” collection included a wide array of state-of-the-art limited gold masterpieces crafted by international designers.

Standard Chic: A day in the garage
Cairo’s first ready-t- wear event, between edge and glam

Municipal councils’ licences behind widespread use of donkey meat in restaurants: Al-Kerdany
Unreasonable that global restaurant chains in Egypt are under the supervision of municipal councils, and not the Ministry of Tourism

Amer Group, international tourism companies coordinate to promote investment
Porto Matruh project built on 338,985 sqm, of which buildings ratio amounts to around 20%, while landscape and roads are about 80%

Shops, hotels, companies increase demand on Egyptian ‘fanoos’ against imported
Orders for Ramadan lanterns made of sheet iron increased by 50%, compared to 30% last season

Nuts with the taste of revolution
Hazelnut prices increased three or four times to reach EGP 170 ($22.2) per kilo, because the government halted imports, says vendor