Latest in Tag: News Highlight
Latest in Tag: News
Ukraine accuses Russia of ‘armed invasion’ in Crimea
Ukraine’s parliament on Friday appealed to the United States and Britain to uphold a 1994 pact signed with Russia that guaranteed the country’s sovereignty in return for it giving up is Soviet nuclear arsenal
Egypt rail workers lose appeal over deadly crash
The workers were originally convicted in June 2013 for manslaughter and negligence
Egyptian autocrats struggle with footballâs political pros and cons
By James M. Dorsey An Egyptian government initiative to build more than a thousand new football pitches to âkeep youth off the streetsâ against the backdrop of a rising number of clashes between fans and security forces and a likely extension and expansion of the ban on spectators attending matches highlights the opportunities and threats …
New PM Mehleb appoints new ministers
Names of appointed ministers began coming in Wednesday afternoon, formation expected to be completed by Saturday
Striking workers not included in the minimum income system: Ministry of Finance
Business sector public companies and authorities âthemselvesâ are responsible for raising the wages of their employees, Mesbah Qotb says
Egyptian Pound flat in official and black market trade
Reuters – The Egyptian pound was steady at a central bank foreign currency sale on Monday and remained unchanged on the black market. The central bank sold $38.6m to banks with a cut-off price of EGP 6.9508 to the dollar, fractionally stronger than the cut-off price of EGP 6.9509 from Mondayâs auction. The bank had …
Fed up with âslow serviceâ, internet users refuse to pay
Thousands of internet users have organised under the banner of the Internet Revolution initiative to put pressure on service providers to lower prices and increase speed
Journalists face military court for allegedly publishing classified files
Amnesty International calls for journalistsâ immediate release; describes them as âprisoners of conscienceâ
Faculty members at multiple universities express solidarity with suspended teaching assistant
The teaching assistant was notified last week of a three-month suspension pending investigations
IFC exploring alternative energy, infrastructure projects in Egypt
Diversifying energy sources is crucial to achieving economic development, IFC vice president says
Boundless natural gas, boundless opportunities: Interview with EIA chief
The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70bn cubic feet a day and is expected to reach over 100bn cubic feet per day by 2040. The trend is likely to continue without hitting a …
Mehleb asked to form new government
New cabinet to be formed within the next three to four days
Misr Al-Qawia members sentenced for campaigning against constitution
Party spokesman describes the sentencing as âharshâ and surprising
Misdemeanour courts send 220 to prison for separate incidents in Alexandria
Prisoners referred to Homeland Security Prosecution for joining the Muslim Brotherhood
South Africa concerned about terrorism in Egypt: South African State Security Minister
A South African delegation visits Egypt for the first time since Morsiâs ouster
Prosecutor refers 504 defendants from Augustâs Ramses clashes to trial
Defendants are charged with premeditated murder, attempted murder for terrorist purposes, inciting violence last August
Moodyâs says Egypt banking sector outlook still negative
Moodyâs cited âbanksâ high and increasing exposure to Caa1-rated Egyptian government debtâ, which ties the systemâs solvency to sovereign default risk.
Two dead as security forces targeted in Zagazig
Ministry of Interior was unable to confirm whether the attacks were connected
The Conmanâs paradise
In the 1960âs, the Egyptian state newspaper Al-Ahram was filled with headlines about the amazing scientific breakthroughs of the Egyptian military. One such headline celebrated the invention of the first âArab-madeâ airplane â one that could reach Mach 2 â while the other announced to the world the creation of Egyptian missiles that could reach …
What do malware and mosquitoes have in common? More than you might think.
By Anthony Perridge Malware seems to be everywhere and itâs incredibly challenging to combat. It can take many forms and is increasingly resistant to traditional approaches to detect and stop. Instead of relying on a single attack vector, malware will use whatever unprotected path exists to reach its target and accomplish its mission. Mosquitoes are …
Arab Contractors net profits down 33.3% year on year
Net profits register EGP 336m in FY 2012/2013, compared to EGP 505m in the preceding fiscal year
Fahmy looks to strengthen Africa economic and trade ties
Minister of Foreign Affairs to present proposals for deeper economic cooperation in Africa
Saudi Aujan Coca-Cola plans $100m factory in Egypt
Egyptâs army-backed government is trying to attract foreign money back into the country and create jobs to ease social discontent as it manages the biggest Arab nationâs difficult transition to elections this year.
âZero tolerance for any form of dissentâ: HRW
Human Rights Watch, Reporters Without Borders criticise limits on free expression
Court restores ministry-affiliated security to university campus
Verdict described by AFTE Student Observatory researcher as âworthlessâ
Cabinet resignation âout of the blueâ: analysts
PM announces surprise resignation is handed to interim President Adly Mansour
Amer Group posts 79% drop in 2013 profit
Reuters – Egyptian real estate company Amer Group posted a 79% drop in net profit for 2013. Amer Group, which owns hotels, restaurants, malls, and other businesses, made EGP 31.996m ($4.60m) last year, compared with EGP 155.554m in 2012, it said in a statement on Monday. Revenues for 2013 dropped to EGP 877.7m compared with …
Egypt draft law bars third-party challenges to contracts
Reuters – Egyptâs draft investment law contains provisions to prevent third parties from challenging contracts made between the government and an investor, a cabinet source said on Monday, a move designed to attract badly needed investment. The clauses are intended to reassure investors unnerved by previous legal challenges to such deals, some of which have …
Pensionersâ Solidarity Syndicate criticises their exclusion from pension discussions
Egyptian Trade Union Federation has not recently met with the syndicate to discuss their demands, says syndicate member
Egyptian fishermen in Saudi Arabia released
All but four of the fishermen let go after being held since Friday for entering Saudi waters without permit