Latest in Tag: DNE Highlight
Latest in Tag: DNE

EGAS stops pumping gas to 60% of factories
Decision comes to save fuel for electricity; 3.2 cubic feet of gas pumped daily into power stations

Qalaa Holdings expected to exit Dina Farms, Rashidi El Mizan by Q3 2015: MD
It is expected that by the third quarter (Q3) of this year, a final agreement will be settled.

Telecom Egypt CEO sacked
Tarek Aboualam and Khaled Sherif most likely candidates to replace El-Nawawy

ETAA presents demands to Mehleb to raise sector efficiency
Egyptian Travel Agents Association proposed nine demands, including necessity to participate in regulations for activities
Insurance premiums reach EGP 4.3bn in Q1 2015
Life insurance premiums register EGP 2.6bn in Q1 2015

EGP 70m investments for ETAA in New Suez Canal certificates
Expected revenues amount to EGP 8m annually

Security forces protest mistreatment in Fayoum
Security chief promises weekly meetings to review complaints

GUC students released, case ongoing
Student Union representatives met with German ambassador in Cairo

Cabinet clashes retrial to resume on 9 June
Journalist, police conscript and lawyer punished by judge Nagy Shehata during session

Abdel Gawad and Evans win Sharm El-Sheikh International Championship
In the first set, Abdel Gawad won with 11 to 6 points. In the second set, Farag won with 11-9; then Abdel Gawad renewed his victory by winning the third set with 11-9. After that, in the fourth set, Farag won with 11-6

England wins Stella Di Mare International Pro-Am in Ain Sokhna
The English team, comprising Sam Forgan, Mark Fearn, James Brown and female Yvonne Brow, successfully defended their title.

Renowned writer’s trial for ‘insulting Islam’ on Facebook adjourned to 29 July
Fatima Naoot called Islamic religious sacrifice of animals a “massacre”

Coalition forces bomb Yemenâs Central Security HQ in Sanaâa
Egypt-Yemen national security conference held in Ain Shams University

Hamas official warns of another possible war in Gaza
Israel launched airstrikes across Gaza in response to alleged rocket fired from the strip
Court sentences Habara and 8 âtakfirisâ to death
Files of Islamist Adel Habara and eight others were referred to Grand Mufti in February

College professor draws street murals with help of her students
The project also teaches street children creativity

A shrewd financial investor, Qatar boasts dismal return on investment in soft power
By James M. Dorsey Widely viewed as a shrewd financial investor, Qatar’s return on investment in soft power designed to position it as a progressive ally of world powers in the hope that they will come to the aid of the wealthy Gulf state in times of emergency is proving to be abysmal. Qatar has …

Uber organises 1m rides in 305 cities worldwide: MEA Head of Expansion
Cairo caught our attention for its need for smart transport solutions due to population density, says Khoury

A jihadi in the making
We used to work together in the same company during the 25 January Revolution, a genius upper-middle class young man in his mid-twenties and I was his manager. We would run into each other in Tahrir Square chanting the same slogans of âbread, freedom and social justiceâ, and carrying the same banners demanding change. After …

Saudi investor acquires 10% of Spreado
Our target is to increase the companyâs capital to reach EGP 250,000, says CEO

Flat6Labs approves 10 startups in Saudi market
Flat6Labs is a startup accelerator programme that aims at encouraging entrepreneurs to establish their own companies.

Egypt needs an energy mix with various sources
42% of electricity capacity spent in domestic use, only 35% goes to industrial use

Orascom Development Holding registers EGP 26.6m investment gains
During Q1 of 2014, investments gains recorded EGP 39.5m

Russia presents newest aircraft to Egyptâs aviation minister
 Sukhoi Superjet 100 is a medium-range aircraft that can accommodate up to 95 passengers
Economic reform needs tax development, public spending rationalisation: Former PM
Government aims at reducing budget deficit during the current FY to 10%
NUCA reclaims 10,000 acres in Farafra in 1m acres project: Mazen Hassan
Authority raised budget to EGP 28bn for next fiscal year to expand low and middle-income housing projects
Over 600 civil society organisations apply for microfinance licenseÂ
253 organisations received the license, while the remaining applications are still being studied

Crescent Petroleum targets entering oil drilling operations in Egypt: Al-Qadi
Egyptian government did not breach agreement with Emirati companies in Egypt, says companyâs president
$20m potential exports from North Caucasus district to Egypt: President
Yevkurov said he has invited Egyptâs ministers of industry and agriculture to visit Ingushetia to showcase investment opportunities
Egypt studies Russian road, infrastructure investments: Supply minister
Railways and logistics projects proposed in front of Russian investors