Latest in Tag: DNE Highlight

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Latest in Tag: DNE


Ahmed Tharwat

​Notes from America: How American football
explains America

By Ahmed Tharwat Last Sunday, more than 140 million Americans congregated in living rooms, bars, restaurants to eat, drink and watch the Super Bowl XLIX  (49). This is the biggest sporting event of the year, with highest TV rating (39.1 points); the game day ticket price averaging $10,466, it brought more than $500M economic value (debatable) to …

Daily News Egypt

Investment funds assets increased by EGP 851m in 2014

Head of the Egyptian Financial Supervisory Authority (EFSA) Sherif Sami said on Thursday that four investment funds have been established in 2014; therefore the total amount of investment funds in Egypt is 95. The total amount of cash in these funds was valued at EGP 6.5bn by the end of 2014, increasing by EGP 851m …

Daily News Egypt

Assets under AAIH’s management reach EGP 3.1bn in 2014

The amount of assets under management of the Arab African International Bank (AAIB)’s subsidiary, Arab African Investment Holding (AAIH,) has doubled to EGP 3.1bn by the end of 2014. This figure compared to EGP 1.3bn in 2011, said Mohamed Mostafa, managing director of AAIH. Mostafa noted that AAIH is pumping investments in 2015 to increase …

Daily News Egypt

Bjorn Lomborg credit by Emil Jupin

Free trade could make every Egyptian $897 richer yearly

By BjĂžrn Lomborg With one simple policy – more free trade – we could make the world $500tr better off and lift 160m people out of extreme poverty. If there is one question we have to ask ourselves, it is: why don’t we? In 2000, the international community agreed a set of important targets to …

Daily News Egypt

Morsi ‘prison break’ trial postponed to Thursday

The Wednesday trial of ousted former president Mohamed Morsi for escaping Wadi El-Natrun Prison in January 2011 was postponed to 5 February, state media reported. The defence repeated its request to the Cairo Criminal Court for the introduction of new defendants and questioned the possibility that “Israeli elements” committed these crimes to destabilise security. Morsi …

Daily News Egypt

5 1 James Dorsey

Qatar asks for time to implement labour reforms

By James M. Dorsey Qatari sports executives, in a bid to refute calls for depriving Qatar of its 2022 World Cup hosting rights, have asked their human rights and trade union critics as well as world football body FIFA to give them more time to address criticism of the Gulf state’s kafala or sponsorship system …

Daily News Egypt