Latest in Tag: DNE Highlight
Latest in Tag: DNE

Surplus in Egypt-Algeria trade balance in Egyptās favour
The surplus is equivalent to approximately $43m, where in 2013 trade balance recorded a deficit of $ 89.9m
Germany to allocate Š100mdevelopment cooperation to Egypt: Ambassador
German companies need additional information about the investment climate from the Egyptian government to determine their position in participating in the economic summit: Hansjƶrg Haber

Chinese āantiquitiesā scattered in Egyptian bazaars
Many tourist bazaars were closed, abandoned by tenants or turned into cafes, says Hussein Al-Gabry

6-year-high in capital market, EGX-30 reaches 10,055 points
13 companies listed during 2014, new listings expected in 2015

Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE
Rate ranges between EGP 7.8 to EGP 8 in unofficial market.

Russian president to visit Egypt
The visit is closely linked to talks held between the two presidents in August 2014

Islamist, leftist parties to boycott elections; coalitions yet to formalise
Boycotters cite āabsence of democratic political sceneā

Egypt condemns Turkey’s comments on ‘Kerdasa Trial’ verdict
Turkey says it “will maintain its solidarity with Egyptian people”, Egypt’s Foreign Ministry retorts that it is an “irony”

Hamas accuses Egypt of firing at Palestinian side
Armed forces deny accusations
Egyptian soldiers killed in Ivory Coast car crash
Number of deceased will not be announced, says military spokesperson

The Nada Foundation: Putting an end to Egyptās road accidents
The initiative was launched by her family members and closest friends in order to raise awareness about the seriousness of road accidents, specifically in Egypt.

College students create NGO to fight violations by police
JCRF aims to defend students in cases of torture, arbitrary arrest and enforced disappearance

Souq.com to launch new e-commerce learning project in Upper Egypt
Website to negotiate with the government to make an e-commerce companies audit

2.8 million double-camera phone devices sales locally in 10 months
Single-camera devices sales during the same period reached 249,000 devices with a market share of 42.3% of total mobile phone sales during last August.

30% growth in Huaweiās consumer business revenue in 2014
Sales of the latter were more than 2m pieces in the three months since it was launched in September.
Ministry of Communications offers mechanised traffic project tender
By Mohamed Alaa El-Din The Ministry of Communications and Information Technology offered a tender to develop traffic services using information technology, aiming to improve and develop traffic services. The only method currently used in traffic units is direct interaction with employees, according to a ministry official. The ministryās development plan includes five steps: a centralised …

OCI MENA BV buys stake in OCI SAE worth 12.5bn
The purchased stake account for 23.425% of companyās total shares, total number of shares bought by OCI MENA is 48.94m

Output and new orders of private companies decline: HSBC
Lower demand contributed to output, the bank stated
Real opportunities for growth in Egypt: Dcode EFC Report
Whereas in the Q3 of FY 2013/14, real GDP growth registered 2.5%, it jumped to 6.8% in Q1 of FY 2014/15

Alshaya Group allocates $3bn for investment in Egypt, Kharafi to construct car factory
Prime Minister Ibrahim Mehleb is on three day visit to Kuwait with an economic delegation to discuss enhancing the Kuwaiti investments in Egypt.

Baher Mohamed’s lawyer demands release as Greste, Fahmy walk free
“Egyptian citizenship violates your rights and puts you behind bars,” says activist Aida Seif El-Dawla

Shoukry meets UN diplomat to discuss Egypt’s seat in UN Security Council
Terry Larson arrived in Cairo to discuss Egyptās campaign towards a non-permanent seat in the UN Security Council
New elections coalition formed to run for all seats
Karama insists on participation despite concerns from coalition over elections

Hamas condemns Al-Qassam’s ‘terrorist’ designation
Egypt’s role in mediating future negotiations between Hamas and Israel questioned

Group claims setting UAE-owned bank ablaze
āPopular Resistanceā posted footage of alleged members burning the bankās Giza branch
Endowments ministry stands in solidarity with armed forces
Demonstration to be a civilised model for opinion expression, says minister

HRW demands Egypt hold police accountable for abuses in custody
Former finance ministry advisor tortured in custody, says lawyer and relatives

New mummies discovered floating in sewage in Upper Egypt
The mummies were covered with thick layers of linen, with only a few remains of human bodies amongst all the wrappings.

2 minor explosions in Cairo, Alexandria
Tuesday morning saw two explosives dismantled in Cairo Airport

Fahmyās release is imminent: Canadian FM
Al Jazeera English journalist drops Egyptian nationality, according to Canadian media