Latest in Tag: DNE Highlight
Latest in Tag: DNE
âIt is our intention to terminate contract with Israelâ: Orange Chief Executive
BDS movement accused Orange Telecommunication Company in Egypt of cooperating with Israeli occupation on Palestinian territories

800,000 German tourists visited Egypt last year, bring EGP 2bn revenues
German tourists stay in Egypt for one week on average, instead of two weeks before 25 January Revolution

Egypt, EU twinning agreement to reach full potential in 24 months
EgyptAir still studying financing air fleet increase from 81 to 125 aircrafts

Investments worth EGP 9bn in 59 projects on TDA lands by end of current FY: TDA Chairman
TDAâs activity growth before the end of FY 2014/2015 led to financial surplus of EGP 258m at the Ministry of Finance

Al-Sisi greeted in Germany by storm of criticism
Merkel shaking Al-Sisiâs hand is shaking “the hand that tortures”, says German media, while demonstrations break out

Rights groups concerned of investigations into anti-torture judges
Judges are interrogated under pretence of their participation in workshop organised by âillegalâ organisation to draft anti-torture law

10 minors acquitted over violence, unlicenced protest
The minors, all Zamalek fans, were initially sentenced to two years in prison
Environmental talk considers effect of rising seas levels on Egypt
Egyptâs population and industry typically live by water; threats are more severe

Opposition parties mobilise against Protest Law in online petition
420 prominent politicians and public figures lend signatures demanding Al-Sisi’s promise to release political detainees

Former Daily News Egypt editor wins EU award
He was first nominated in September 2013 for succeeding in reconstructing Daily News Egypt in 2012 and his work during that period.

Photojournalist disappeared, Oscar-nominated documentary star arrested
Campaign of arrests for youth ongoing, says rights lawyer

95 Egyptians arrested attempting to illegally cross into Libya
Border guards arrest illegal immigrants almost “daily”, says director of Salloum Port
6 April activist acquitted of ‘calls to protest’ charges
Member helped establish revolutionary Facebook account

When music tells the story of a nation
The concert was the first in a series of concerts dedicated for the 150th anniversary of the birth of the famous Finnish composer Jean Sibelius.

The case against manifest destiny
By Dr Cesar Chelala The disastrous consequences of the recent aggressions against Iraq, Afghanistan, Syria, Yemen and Ukraine, to name just a few, show the urgent need to revive the principle of non-intervention into another state. This principle of international law includes, but is not limited to, the prohibition of the threat or use of force against the territorial integrity or …

A different perspective on German-Egyptian relations
By Franziska Brantner and Omid Nouripour When Egyptian President [Abdel Fattah] Al-Sisi arrives in Berlin today, the German government will have given up an important principle in its dealings with post-revolutionary Egypt: Chancellor Merkel had repeatedly conditioned her invitation to the Egyptian president on the completion of parliamentary elections. She scrapped this condition after the …

All Egyptian presidents did what they wanted; we only applauded: Lenin El-Ramly
Though El-Ramly never joined the protests to Tahrir Square, one thing that caught his attention was that the youth there did not live during Abdel Nasserâs or Sadatâs eras.

Merkelâs realpolitik and Egyptâs lost revolutions
By Mohamed Selim âGermanyâs government believes that Egypt ought to maintain the basic values of human rights for all its citizens, engage in a dialogue with all the opposing political factions and respect the religious freedoms of all Egyptians.â Those were the words of Germanyâs Chancellor, Angela Merkel, in her 30 January 2013 presser with …

Committee formed to resolve Samsungâs tax, custom issues
We plan to increase our investments in Egypt through establishing three factories with $300m investments, says Chairman of Samsung
Infrastructure, proliferation of services keys to doubling TE’s revenues in a year: Experts
Losses started with Mobinil entering the market, and licences should not be issued without the development of the operatorsâ infrastructure, says Abu Quraish

Unified licence, national entity, Internet prices TEâs most significant issues
Management changes since 2000 have failed to make a breakthrough, says SSTE deputy head

Internet service, revenue increase Elnawawyâs most important Telecom Egypt achievements
Deterioration in relations with mobile companies is most prominent failure of former chief executive

Telecom Egypt back to square one
By Mohamed Alaa El-Din and Aisha Zedan Many years were wasted in negotiations between the Ministry of Communications and Information Technology and mobile companies on one hand, and the National Telecommunication Regulatory Authority (NTRA) along with the four phone operators on the other. The negotiations aimed at implementing the unified license, but things got complicated, …

Egyptian exports to Nile Basin countries register 8% increase YoY
Imports from Nile Basin decrease 71.7% in February 2015, compared to same period last year
First MOPCO Fertilizers production line to run next July: ECHEM
MOPCO Fertilizersâ first production line will operate next July to add approximately 650,000 tonnes of nitrogenous fertilisers to production every year. An official at the Egyptian Petrochemicals Holding Company (ECHEM) told Daily News Egypt that the last phase of MOPCOâs expansions includes a second production line. This will be in operation by the end of …
13.9% growth rate of banksâ foreign deposits during March: CBE
Market witnessed competition in attracting foreign currency savings, according analysts

EGP 23.3bn increase in bank loans in March: CBE
The private sector acquired 80.8% out of the total loan balances
REACAP sells Alexandria land piece for EGP 332m
EGP 120m of 13,452 sqms land sale went to REACAP

Egypt, Switzerland trade volume CHF 1bn in 2014: Swiss Ambassador
We have invested some CHF 25m that covers our framework agreement with Egyptian government, says Leitner
ETF to demand banks initiate purchase of bankrupt companies: Official
Big banks that would be asked to execute plan are NBE, Banque Misr, Housing and Development Bank, CIB, and Barclays