Latest in Tag: DNE Highlight
Latest in Tag: DNE
A year of opportunities with the East
Amid Egypt’s fluctuating relations with the West, notably unstable US aid and conflicts with Germany over the human rights situation, Egypt’s foreign affairs were given wider directions to encompass the Eastern Block. Below is an outline of the major points in Egypt’s turn to the East. August 2014: President Abdel Fattah Al-Sisi visited Russia, highlighting ties between …
Egypt forced to face music, sign GERD agreement: Mubarak’s last irrigation minister
I presented a solution for the dam problem, but no one listened, Egypt’s last irrigation minister before the 2011 revolution told Daily News Egypt.
CBE made bold decisions during Al-Sisi’s first year: Banking leadership
Decreasing the pound’s value against the dollar, limiting foreign currency deposits in the banks among CBE most daring decisions in past years
Al-Sisi and his government’s resume highlights
The new canal will be established to increase the Suez Canal’s capacity to 97 passing ships per day, up from the current rate of 49 per day.
1,964 cases of sexual harassment in Al-Sisi’s first year
‘State stopped denying sexual harassment,’ says report
Egypt’s dollar bonds attract more than 290 investors from foreign markets: Dimian
Distribution of 45% of bonds in USA, 35% in UK, 11% in Europe, 7% in Middle East and 2% to the rest of the world
15-year prison sentence handed to officer for killing Al-Sabbagh
“None of the security forces responsible for killing more than 1,000 protesters since July 2013 are in prison,” Human Rights Watch says
Public debt increases to 93.8% of GDP, poses risk to economy: Economists
High rate of public debt makes banks unable to fund budget deficit, which increases government’s will to fund deficit from abroad
Al-Sisi’s economic progress: Promises vs. actions
Prior to his election, president was widely criticised for not releasing his electoral platform
How much longer can Al-Sisi play solo?
“You told me you were going to be like a bulldozer which paves the way…where is that bulldozer?” This figure of speech was used by President Abdel Fattah Al-Sisi, aimed at Prime Minister Ibrahim Mehleb in a Sunday public speech. “President kids PM”, newspapers headlines read the next morning. But anybody who followed …
Why does Al-Sisi not sacrifice?
A year has passed and another year is starting with the same questions in people’s minds since Al-Sisi’s rule in Egypt started. Where is Al-Sisi leading us? What is his plan for the economic recovery of Egypt? When will corruption be abolished? Because I was like the rest, immersed in Al-Sisi’s speeches and dreams, …
EU, US condemn Luxor attack
Both support Egypt’s “fight against terrorism”, statements say
CBE to fix deposit, loan interest rates
Financial Policy Committee has fears over growth rates with the deflation of global economy
CIB acquires Citibank Egypt’s retail portfolio
Citibank’s individual clients amount to 600,000, with funding portfolio of EGP 1.7bn
3,977 people arrested in 2015 for alleged Muslim Brotherhood membership: Interior ministry
By the numbers, arrests averages leap in 2015, detainees are either waiting for an investigation or were handed sentences, rights groups says
Forcibly disappeared detainee found in Al-Aqrab Prison, administration denies
A detainee sees Omar Mohamed in Al-Aqrab Prison, meanwhile whereabouts of Esraa El-Taweel and Suhaib Saad remain unknown
Youth labour market conditions deteriorate by 2014: Population Council report
More young people are discouraged to enter Egypt’s labour market,half of the youth who attended primary school cannot read, study finds
Hard to suppress: Anti-government villages remain problematic for security
Spots like Kerdasa, Delga are among most prominent consequences of Brotherhood regime, according to former Interior Ministry spokesperson
Workers in Al-Sisi’s Egypt’s: Muted by promises of ‘development’
The study stated that Egypt’s investment regime does not place legal restrictions on foreign investors regarding the transfer of profits outside Egypt, nor does it stipulate that investors should reinvest parts of their profits in the country.
Morsi and Al-Sisi’s first year in office
First year reviews of each president take different perspectives and put the spotlight on different fields
Tripartite agreement prepares for African economic power by 2063: Al-Sisi
Maritime line project is being studied, linking Victoria Lake and Mediterranean easing trade movement inside Africa, says Al-Sisi
19 Egyptian companies rank in Top Arab World Companies: Forbes Middle East
The country did not make it to the list of the ‘Top Private Companies Making an Impact’
Egypt to regulate trade and investment forum in Africa next October: Al-Sisi
Future mapping for the implementation phase of the agreement before the fourth summit of the three blocs, says president
$35bn in Egyptian black market: CBE Governor
$2bn for Egyptian maize imports in 2014, says Ramez
Military Engineering Authority starts first phase of renovations in Imbaba Cardiology Centre
The moves came after a reported sudden visit by the prime minister
Egypt, Ethiopia negotiate FTA procedures between 2 countries
Specification of 1m metre pieces of land to pump additional expansions for investors, says Gaber
Sawiris family plans to invest in Ethiopia’s hotel sector: Ethiopian PM’s advisor
Ethiopia encourages Egypt to invest in wheat agriculture to provide grain supply for Middle East and Russia, says Reda
Egypt on right track to reform energy file with support of political leadership: Expert
Al-Sisi’s government made bold decisions, including opening door for private sector to produce energy, import gas, and restructuring subsidies, says Hossam Al-Garhy
Egyptian banking sector EGP 2tn in 2014: Fayed
Bank deposits increased 17%-20% over last three years, loans increased by 10%
Syrian opposition representatives in Cairo agree outlines of transitional period
Code of conduct was developed during two-day conference in Cairo