Latest in Tag: News Highlight
Latest in Tag: News
Dozens of Egyptians detained, not kidnapped in Libya
Diplomats from both countries say they are being held until Libyan authorities ensure that they have valid residencies

Worldâs fifth largest cement producer reaffirms confidence in Egypt
Despite declining cement production in recent months, Italcementi Group says 10 years in Egypt have been âa great achievementâ

7 political parties condemn detention of youth protesters
A group of political parties condemn violations against detainees

Al Saadi Al Gaddafi trial likely to shed light on dark history of Libyan football
By James M. Dorsey It was only a matter of time before Al Saadi Al Gaddafi, the notorious, football-obsessed third son of toppled Libyan leader Colonel Muammar Gaddafi would be extradited to Libya by Niger, one of the worldâs poorest countries that plays a key role in Western efforts to defeat Al-Qaeda affiliates in the …

Finance ministry to adopt âbalancedâ fiscal policy
GPD growth rate will register between 2% and 2.5%, says finance minister

Badie, other Brotherhood leaders back in court
Prosecution claims prominent Muslim Brotherhood members created a âmilitant groupâ
Premier League new boys Minya put 3 past Haras Al-Hodood
Egyptian clubs progress in African competitions

Government to launch call centre for receiving citizensâ complaints
The call centre is scheduled to commence in two weeks, the Minister of Communication says

US condemns abuse of political activists on trial
State Department calls on Egypt government to ensure safety for all detainees

Al-Sisi on official visit to UAE
Defence minister overseeing final stages of military exercises and meeting officials

Egypt and UAE continue joint military training
Final stage of the two-week joint exercise is set to commence within the next two days
Egypt Bourse climbs on talk of Sisi presidential bid; Qatar drops as IQ goes ex-div
Reuters – Egyptian shares rose on Tuesday after an unconfirmed media report suggested defence minister Abdel-Fattah Al-Sisi would soon launch his bid for the presidency, while Qatar took a hit as heavyweight Industries Qatar traded ex-dividend. Egyptâs Al Shorouk newspaper reported Sisi would officially announce his resignation from his current post on March 17; it …

Court upholds writerâs five-year prison sentence for insulting religion
Author Karam Saber was found guilty of contempt of religion over a book he wrote

South Sudan backs Egypt bid for African Union reinstatement
Prime Minster discusses ways to strengthen relations with South Sudan

Ahmed Ezz granted bail for illegal acquisition of steel company, but remains in detention
The steel tycoon remains locked up for two other financial corruption cases
Emirates REIT to raise $135m in first Dubai IPO since 2009
Reuters – A real estate investment trust, Emirates REIT, said on Tuesday that it planned to raise at least AED 500 million dirhams ($135m) in Dubaiâs first initial public offer of shares since 2009. The company will use proceeds from its IPO on the Nasdaq Dubai bourse for possible future acquisitions and investment in existing …

Movements decry jailed activistsâ conditions
Abdel Fattahâs family sues prosecutor general for âdouble standardsâ; movements condemn alleged assault on jailed activists during their appeal trial

Petroleum Ministry responds to reduction of natural gas supply to cement factories
Ministry says 77% of natural gas and diesel supply were delivered to cement factories in January and February

Egypt allows Qatari aid to Gaza
Foreign minister confirms Egypt support for Palestinian cause, condemns âunilateralâ Israeli actions
Deadly collisions in Suez, Assiut claim 37 lives
The deaths occurred in two separate accidents in the south and the east of the country
Egypt gains marginally after $40bn housing deal; Gulf mixed
Reuters – Egyptâs shares rose slightly on Monday after a deal between the countryâs army and a Dubai builder for an affordable housing project worth EGP 280bn ($40.2bn). Cairoâs benchmark index advanced 0.5%, recovering early-session losses and boosting 2014 gains to 17.6%. Under a deal with Cairoâs army-backed government, Dubaiâs Arabtec will build one million …
Egyptâs Juhayna Food Industries says to appeal chairmanâs sentence
Reuters – Egyptâs Juhayna Food Industries , one of the countryâs largest dairy product and juice makers, said on Monday it would appeal against a court sentence for its chairman. A spokesman for a Cairo court said Safwan Thabet, who is also Juhaynaâs chief executive, had received a one-year jail sentence on Thursday for selling …

Football fans reject security presence at stadiums
Ultras put aside rivalries to demand access to stadiums to watch football matches
Heavy showers strain Egyptâs infrastructure
Stormy weather causes flooding, evacuation of villages and building collapses across the nation

Inflation rate eases to 10.2% in February: CAPMAS
Monthly inflation fell to 1% in February

Detained fishermen return from Saudi Arabia
Fishermen were arrested for violating the Gulf countryâs territorial waters

Dubaiâs Majid Al Futtaim group invests EGP 16.5bn in Egypt
The retail group plans to establish five commercial malls in Egypt over the next five years

Nine detainees arrested during revolutionary anniversary released
Detention of 22 more detainees arrested from Dokki on 25 January is renewed

N. Korean leader enjoys 100% ‘poll’ win
“All the voters of the constituency took part in voting and 100 percent of them voted for Kim Jong-Un,” the North’s official KCNA news agency said.

Islam and politics can’t go together
By Moha Ennaji The last three or so decades have seen a spectacular rise of what came to be called âpolitical Islamâ: a complex but real category in political and social sciences. Whether espoused or shunned, political Islam has created a genuine debate. However, the recent events in Egypt and Tunisia threw serious doubt on …