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Drive-by shootings of security personnel ‘difficult to prevent’: Analyst

  /  December 24, 2014  /  Egypt, Politics  /  2 Comments

“This happens every week,” says analyst Mohamed Qadri Saeed

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Al-Sisi obliges financial services, public sector to pay income tax electronically

  /  December 24, 2014  /  Business  /  2 Comments

Finance minister said amendment helps managing public debt as it improves flow of tax revenues to the CBE

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Badie’s police station storming trial adjourned to 14 January

  /  December 24, 2014  /  Egypt, Politics  /  2 Comments

In separate case, Boulaq clashes trial adjourned to 11 January

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Detained Al Jazeera journalists send Christmas Greetings and plea for help

  /  December 23, 2014  /  Egypt, Politics  /  No Comments

I’m a desperate Canadian citizen that needs the government to stand by me, says Fahmy

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Al-Sisi congratulates new Tunisian president and hopes for “new era of solidarity”

  /  December 23, 2014  /  Politics  /  1 Comment

Essebsi declared winner with 55.68% of the vote

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Al-Sisi ratifies electoral districts law

  /  December 23, 2014  /  Egypt, Politics  /  1 Comment

President Abdel Fatah Al-Sisi ratified Monday the electoral districts law after its cabinet approval earlier this month. Under the new law, Egypt is divided into 237 constituencies assigned for individual nominees, and into four constituencies read the rest…

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Al Jazeera Mubasher Misr closes with speculation general Mubasher channel will air from Egypt

  /  December 22, 2014  /  Politics  /  1 Comment

Al Jazeera Mubasher Misr, the Qatari news network’s live streaming channel focused on Egypt but airing from Qatari capital Doha, aired its last news brief Monday evening. The channel’s official twitter account announced the news read the rest…

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Gold prices remain low: FEDCOC Gold Division Head

  /  December 22, 2014  /  Business  /  2 Comments

Official says gold prices were not notably affected by oil pricing crisis

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Metro ticket price will not increase: Metro spokesperson

  /  December 22, 2014  /  Business  /  No Comments

Cabinet sources attributed as saying metro tickets will increase from EGP 1 to between EGP 1.5 and EGP 3

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Over half a million Egyptians offered work contracts abroad: Manpower Ministry

  /  December 21, 2014  /  Business  /  1 Comment

Ministry of Manpower offered approximately 150,000 job opportunities between March and December

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Trade deficit increases 70.9% in September year-on-year

  /  December 21, 2014  /  Business  /  No Comments

Deficit reaches EGP 27.9bn compared to EGP 16.3bn in corresponding month last year

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ICT market generally growing in Egypt: Intel’s META business director

  /  December 20, 2014  /  interviews  /  1 Comment

By Mohamed Alaa and Sara Aggour With the government constantly announcing new plans to develop its information and communications technology sector, Daily News Egypt sat down with Intel’s regional business director for the Middle East, read the rest…

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6 Middle East countries lose $35bn as impact of Syrian war and ISIS spread

  /  December 20, 2014  /  Business  /  1 Comment

Analysis suggests Syria and Iraq bear brunt of direct costs of war, losing 14% and 16% in per capita welfare, respectively

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EIPR calls for more budget transparency

  /  December 17, 2014  /  Business  /  No Comments

Budget transparency defined by disclosing more information on budget and providing simple and clear data for public to understand, EIPR study says

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Stock market sheds EGP 12.4bn, all market indexes decline

  /  December 16, 2014  /  Business  /  1 Comment

A further drop in oil prices results in additional losses for the Egyptian capital market

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Egypt exports to UK grow by 30% in 2014: Egyptian-British Chamber of Commerce

  /  December 16, 2014  /  Business  /  1 Comment

Egypt-UK trade volume expected to surpass $2bn for first time, chamber says

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Kuwaiti and Egyptian Foreign Ministers discuss bi-lateral ties

  /  December 16, 2014  /  Egypt, Politics  /  1 Comment

The two foreign ministers discussed Arab harmony and regional development in detail

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Clover : From field to cattle in Ismailia

  /  December 16, 2014  /  Culture  /  1 Comment

  By Mohamed Abdel Monsef and Ahmed Salama Pivot irrigation systems allow the cultivation of 150 acres of clover in one day, while the same amount takes a month to cultivate using traditional means. Harvesting read the rest…

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Petroleum prices drive stock market down: Experts

  /  December 15, 2014  /  Business  /  1 Comment

Market gains EGP 5.9bn Monday after witnessing a huge loss the previous day

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28% increase in subsidised health services in November: IDSC

  /  December 15, 2014  /  Business  /  1 Comment

Over 171,000 cases were treated in Egypt, while 8 cases received treatment abroad

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10,000 Sudanese acres ready for Egyptian farmers: Sudanese Investment Minister

  /  December 13, 2014  /  Egypt, Politics  /  No Comments

Sudan is now adopting the open door policy for investments

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CBE expected to allow further devaluation of Egyptian pound: HSBC

  /  December 13, 2014  /  Business  /  No Comments

Investors remain concerned over companies’ vulnerability to governmental decisions

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Chinese investors show interest in infrastructure ahead of Al-Sisi’s visit

  /  December 10, 2014  /  Business  /  2 Comments

Egyptian ministers propose projects to China, which Al-Sisi will negotiate during his visit

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Latest

Urban inflation declines to 8.5% in November

  /  December 10, 2014  /  Business  /  1 Comment

Consumer price index (CPI) falls by 1.7%

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International oil price reduction to save cash for Egypt’s budget: Economy professor

  /  December 9, 2014  /  Business  /  No Comments

Crude oil prices have slumped to lowest level in five years due to potential increased market supply

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Latest

Government delivered only 57 units from its 1m residential-unit project: EIPR study

  /  December 8, 2014  /  Business  /  2 Comments

Allocation for the project in FY 2014/15 state budget amounts to EGP 9.5bn in total

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“Significant progress” made in solving NUBASEED dispute: Saudi investor

  /  December 7, 2014  /  Business  /  1 Comment

Chairman of Saudi-Egyptian Businessmen Association says move will increase future Saudi investments in Egypt

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Saudi Shaheen Group invests EGP 500m in Egypt

  /  December 7, 2014  /  Business  /  2 Comments

Group Chairman says these investments will be directed to agricultural and solar projects

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Numerous public bank officials resign to protest maximum wage

  /  December 6, 2014  /  Business  /  No Comments

New maximum wage sets wages at 50% less than original wages, resigned NBE official says

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World’s 7th largest dairy firm drops Egypt’s Arab Dairy bid

  /  December 3, 2014  /  Business  /  2 Comments

Arla Foods explore alternative options to enter Egyptian market

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