Latest in Tag: DNE Highlight
Latest in Tag: DNE

Executive regulation of investment law to be issued within 3 weeks: Salman
Next week, MoU will be converted into final contract with investment at EGP 35bn, investment minister says

Raya Holding to discuss raising capital by EGP84.1m
Company aims to increase capital from EGP 420.5 to EGP 504.6

Fictitious discounts advertised in Egyptian automotive market
Market indicators illustrate some companies sell certain cars below fair prices, experts say

Religious edicts need compatibility with time we live in: Endowments ministerÂ
Ministry of Religious Endowments researched new tools for religious discourse in Egypt
6 Mansoura University students sentenced to 3-7 years in prison by military court
Since last October, 184 students have been referred to military trial according to an Egyptian Commission for Rights and Freedoms (ECRF) survey
Investments in electricity boosted through legislation: Electricity ministry
Al-Sisi to approve new electricity law, says ministry undersecretary
Ganoub El Wadi sells data for 4 zones in most recent bidding round
Four companies are purchasing data for four zones in the Gulf of Suez

Ministry of Finance approval necessary for solar energy project: Orascom official
Orascom Telecom awaits solar energy project PPA, says deputy executive director

Gas shortage remains main concern for heavy industries: Suez Steel Managing Director
Company has invested EGP 12bn in Egypt since 2010

Port Said ‘prison clashes’ trial postponed to continue hearing witnesses
 âMasked menâ among the groups of families fired gunshots at security forces, says witness

ECHEM to use rice straw in ethanol production
Rice straw will be used to produce ethanol, which will be used to produce electricity

$45bn for Egyptâs new, renewable energy sector: Investment Minister
Government seeks to resolve land shortage, foreign currency crisis, with both still being studied by Economic Group, says Salman

Power outages expected to decrease this summer: Ganoub El-Wadi official
Ministry of Electricity plans to add 3,600 MW of electrical energy in summerÂ

Egypt’s cotton exports increase 94.3% year-on-year: CAPMAS
Total quantity consumed of local cotton rose by 115.5% to reach 175,800 metric quintals during period from December 2014 to February 2015, says CAPMAS

Yemen talks likely to be postponed
Hadi aide cites renewed fighting as a cause

Former Muslim Brotherhood MP dies in prison
Former MP suffered from hepatic encephalopathy and did not receive appropriate medical treatment, says FJP

3 policemen referred to trial over torture accusations
Detained man was allegedly beaten to death in police station
Tunis shooting leaves 7 dead
Serviceman opens fire on comrades, killing or lethally wounding six before being shot dead
Policeman faces life sentence for sexual assault of handicapped prisoner
Security tapes showed conscript attacked young girl inside police station

Farida Temraz – A lady on the path of education evolution
“I want to be the designer who is recognised not only for her talent, but also by her knowledge and expertise,â Temraz says

Diminishing conventional energy sources versus economy growth
By the rate of consumption of crude oil which is around 4.5bn tons per year from 2010, and which is growing every year, oil is expected to be depleted by the year 2050.

$2.6bn to provide market fuel requirements during summer: EGPC CEO
$1.6bn for importing diesel fuel shipments from June until August, says Tarek El Molla

Qatar backtracks on engagement with critics
By James M. Dorsey After four years of engagement with its critics in a so-far failed bid to turn its hosting of the World Cup into a successful soft power tool, Qatar appears to have decided that the region’s tendency to intimidate those who don’t fall into line may be a more effective strategy. In doing so, Qatar …

Smart Development Goals
By Finn Kydland, Bjorn Lomborg, Tom Schelling and Nancy Stokey By September, the worldâs 193 governments will meet in New York and agree on a set of ambitious, global targets for 2030. Over the next 15 years, these targets will direct the $2.5tr to be spent on development assistance, as well as countless trillions in …

Proper execution of the new visa-on-arrival system is important for Egyptian tourism
By Thomas Doherty The good news is that tourism to Egypt has shown some growth this year, with an increase of 5.5% in January over the previous year, according to the government’s statistical bureau. This growth means hundreds of millions of dollars in foreign exchange and GDP, with the corresponding growth of jobs and income for …
Is Egypt ready to strengthen trade exchange with Russia?
Egypt needs reforms to reassure Russian investors, success of Cairo-Moscow negotiations requires seriousness to establish new era of relations, experts say

2014/2015: The year of Egyptian-Russian economic relations
The trade balance between the two countries is in various sectors; mainly in construction materials, tourism, fresh produce, and furnishings, spinning and textiles.

500 local, regional, international experts to participate in âEnergy and Future of Investment in Egyptâ conference
The conference, held under the patronage of the Ministers of Electricity, Petroleum, Investment, Military Production, and Environment, will review the effects of the energy crisis on the production sectors, and how have the high-consumption industries been influenced by it.

Orascom Development Holding sees loss in Q1 of 2015
Company has made losses worth CHF 37.963m, compared to profits made in same period last year amounting to CHF 3.9m

Protestersâ acquittal message to interior ministry
Political parameters affected ruling, says defence lawyer