Latest in Tag: DNE Highlight
Latest in Tag: DNE

Ministry of Interior drops charges against journalists
Complaints against Al-Masry Al-Youm and Al-Youm Al-Sabaa newspapers dropped

Rafah border opening extended to 5 days: Palestinian official
President Abbas intervened to “ease the burden on families” during Ramadan

2 policemen reportedly arrested for possessing unlicenced weapons
The policemen were arrested on Sunday in Ismailia

Azza Fahmy: A local empire with global presence
Being international gives you strength as you do not only cater for one kind of audience, says Ghaly

Egyptian-Russian naval exercise a ‘historic step’
Egyptian Navy Chief expresses desire to hold joint exercises on a regular basis

SODIC expects EGP 4.5-5bn in contracted sales in 2016
Company hopes to start sales in North Coast project by end of this summer

Arab Spring and the rise of non-state actors
By Fadi Elhusseini In the past four years, Arabs have been living an endless Sisyphean ordeal, an unexpected nightmare after rising for what they called “the Arab Spring”. A very similar scenario was cloned in most of the Arab Spring countries. Alas, a hopeful revolution turned into belligerence, then into strife followed by a war, …

TEDA Investment Group to deliver 2 sqkm from SE Zone by end of June: CEO
We already finished master plan, nearly everything is finished, we are waiting for Egyptian partner to transfer the land, says Wei Jianqing

The President in Berlin: Reductio ad absurdum
By Mohamed Selim Whoever scheduled the President of Egypt’s visit to Berlin from 2 June to 4 June must be a political genius. That person/entity must be so perceptive that in order for the President’s visit to occur without any undesirable media frenzy, and thus achieve all its goals, it should take place in the …

Ratifying Sharm El-Sheikh agreement depends on private sector: Madagascar Minister of Commerce
We expect doubling trade balance between Egypt and Madagascar in different products, says Rabesahala

EFSA establishes first insurance awareness association: Chairman
Total investments of insurance companies and Egyptian insurance funds amount to over EGP 90bn, says EFSA Chairman

Mobinil, Ericsson launch modern packet core network
Modernising Mobinil’s mobile packet core caters to increasing demand for mobile-broadband services

EFG Hermes launches EGP 100m leasing services company
EFH Hermes Leasing will cater to SMEs and corporates

Study of propylene and derivatives project to be finalised by October: ECHEM
Study will be delivered to Boubyan Petrochemicals Co to activate MoU signed to execute the project
Platform: A magazine for refugees and foreigners in Egypt
A group of students sheds light on foreign refugees’ issues in Egypt

Rich people’s real estate is a way for hiding money: Sabbour
Low-income housing is witnessing a low turnout due to the inability of Egypt’s youth to pay as well as high interest rates.

CBE to offer treasury bills worth $700m
CBE will allow local banks and foreign institutions to subscribe to the dollar bills with a minimum of $100,000 and its multiples

EGP 120bn to develop Alexandria Port by 2027
Alexandria Port aims to add three blueprints for multi-storey garage, shopping mall, and passenger station

Falcon secures 22 banks, acquires 54% of Egypt’s private guard service market: Executive Director
Falcon Group held a press conference last week, where it presented its work in securing the universities during the last academic year.

Extra-judicial community justice is increasing sectarian violence: EIPR
Resolving disputes outside of justice system reflects community power structures

Local Libyan Islamists face ‘Islamic State’
‘Majlis Al-Shura’ declared Holy War on the militants earlier
11 dead in Red Sea bus crash
The accident occurred in the Red Sea resort of Hurghada

Former presidential runner-up resigns from party chairmanship
Ahmed Shafiq says he cannot perform his duties from abroad

Ministry of Housing to reserve part of World Bank loan to fund housing unit tenants: Ministry official
The most prominent obstacle real estate investors complain of is the current scarcity of lands, which is the reason for price hikes.
Rassd board members’ disciplinary confinement is administrative punishment: Lawyer
Al-Fakharany and Mostafa received life sentences in the “Rabaa Operations Room” case in April, next trial session following appeal expected to be decided in October

Egypt responsible for Cairo Capital project should negotiations with partners fail: Assistant Housing Minister
Negotiations with Emirati investors facing huge challenges, but ministry insists on establishing the project even if negotiations fail, says Abbas

Al-Sisi’s failed policies to fight corruption spread in local government: Report
22 cases of corruption involving state officials in Al-Sisi’s first year
1 militant killed, 2 injured at North Sinai checkpoint attack
No security forces were injured or killed during attack, says military spokesman

South Africa court bans Al-Bashir from leaving country for ICC arrest
The Sudanese President is wanted by international court on 10 charges

Goethe Institut takes Cairo to Frankfurt
“The participants’ skills are very advanced and they will definitely be influential writers in Egypt,” said El-Baaly