Latest in Day: March 19, 2018 Highlight
Latest in Day: March 19, 2018
23.6% increase in Egyptian wheat stocks in 2016/2017
Egyptian wheat stocks reached 332,000 tonnes in 2016/2017 compared to 268,700 tonnes in 2015/2016, marking an increase of 23.5%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS)’s annual bulletin on storage statistics for 2016/2017. The CAPMAS report stated that the total number of silos in the public and private sectors reached 18 …
Sarie Eldin & Partners to advise General Authority for Land and Dry Ports on establishment of Sixth October dry port
First phase of port will be built on 100 acres with value of $100m
Egypt supports new Euro-Mediterranean preferential rules of origin: Kabil
10th UfM meeting new launching point for economic, trade relations between EU, East Europe, southern Mediterranean, says minister of trade
Italian prosecution opens investigation into death of Mariam Moustafa
18-year-old Egyptian Moustafa, born in Rome, died of injuries on Monday
‘World Music Concert’ gathers Cairo Choir with Jordan’s Dozan wa Awtar
In a “World Music Concert”, the Cairo Celebration Choir (CCC), together with Dozan wa Awtar choir from Jordan, will unite on Thursday 22 March, at El-Dar, Heliopolis. The first concert series that featured both choirs took place in February 2017, when CCC and Dozan wa Awtar performed at the Cairo Opera House and at the …
Al-Sisi congratulates Putin on winning 4th presidential term
Putin won with more than 76% of votes
Egypt to join military drills in Saudi Arabia
Egyptian troops participate in Gulf military exercises to enhance military cooperation
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36 militants killed in past 5 days of Sinai 2018 operation
Four security personnel killed, seven others wounded
Al-Sisi, Al-Bashir meet in bid to thaw relations
President Abdel Fattah Al-Sisi met with Sudanese President Omar Al-Bashir on Monday, during his official visit to Egypt, and the two held talks on various topics. Al-Sisi welcomed Al-Bashir and praised common historical, cultural, and social factors between the countries and their relationship which spans thousands of years. He also praised the positive developments recently …
Government negotiates with Schneider Electric, Seven Seas to establish desalination plants
US company offered to sell desalinated water at EGP 17 per cubic metre, but government insisted on EGP 5 rate
Experts, artists, academics at Luxor African Film Festival assert culture’s importance to development
Cultural development should get same attention as militaries, economies in Africa, says festival president Sayed Fouad
Al-Sisi, Abbas discuss updates of Palestinian cause
The leaders also discussed latest developments of crises in other Arab countries
Egypt’s international bonds rise to $18bn by end-February 2018: Finance Ministry
T-bills maturity from 1-30 years, due from 10 December 2018 to 21 February 2048
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Jumia aims to sell 80,000 mobiles during its ‘Mobile Week’
Jumia aims to increase its sales of mobile phones to 80,000 devices during its “Mobile Week” discounts, up from 30,000 during last year’s week, according to Karim Ahmed, the company’s e-marketing director. Ahmed said the company expects 10m website visits during the week, where it is offering discounts in partnership with Samsung, Xiaomi, Sico, and …
Shell’s West Nile Delta field 9B production to reach 350-400m scf/day by 2019
The new production capacity at Shell’s West Nile Delta field 9B is expected to reach 350-400m standard cubic feet per day (scf/day) by 2019, an Egyptian Petroleum Ministry official told Reuters on Monday. On the other hand, the Petroleum Ministry issued a statement indicating that the production from the first three wells in the field, …
Thomas Tuchel: Bus bombing contributed to Borussia Dortmund departure
Capital Group allocates EGP 3bn for Al Burouj project construction
Company invests $300m in Al Burouj project
Two promotional German delegations to visit Egypt
The German-Arab Chamber of Industry and Commerce (GACIC) will host two German delegations in March and April, both coming for trade fairs and promotion purposes. On the occasion of both visits, the GACIC will organise two events, the first will be held on 28 March, with the aim of promoting for the world’s trade fair …
Cargo handled at Damietta Port increased by 32% in 2017
A report issued by the Damietta Port Authority showed an increase in the volume of goods handled at the port during the past year by 32%, growing from 32m tonnes in 2016 to 37m tonnes in 2017. According to the report, the number of inbound and outgoing ships from the port increased from 2,562 in …
Russian company to monitor security procedures for Cairo-Moscow air route
We will meet with Russian side in April to discuss tourism resumption, says Fathy
Egypt targets 5.8% growth in FY 2018/2019, 7% in 4 years: Hala Al-Saeed
Egypt targets a growth rate of 5.8% next year and to reach a rate of 7% in the next four years, said Minister of Planning, Follow-up, and Administrative Reform Hala Al-Saeed, adding that, during the cabinet meeting on Sunday, she reviewed the main features of the state’s sustainable development plans. She explained that the key …
Global warming and the economy: Consequences and costs
Climate change will lead to changes in shorelines, nature of cultivated crops, displacement of residents
Remembering Samir Farid at the Luxor African Film Festival
New book discusses humane relations between late film critic, younger generation of writers, cinema enthusiasts
African documentaries become main focus of Luxor film festival
Opening featured documentary profiling Liberian anti-corruption activist
Palm leaf boxes: A handicraft fighting extinction
While the world may be familiar with Egypt’s handmade products as some of the finest home decorations, pottery artwork, embroidered cloths, and handmade bags, an almost forgotten handiwork fights for survival in Upper Egypt. Making boxes out of palm leaves—where boxes are made of palm leaves after being reshaped—is an endangered craft. Despite their creators …
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Gender inequality in film
Women are still at a disadvantage in the film industry, underrepresented in key creative positions, according to several equality-focused rights group, whose discourse has been coming back to the surface in recent years. Along with sexual harassment in the film industry, there is a huge gap in female representation in the media. The New York …
Egypt’s election kicks off abroad with intended message to critics
Hopes, calls for high turnout in internationally observed polling
Does Donald Trump eye a weak dollar?
Tameer targets EGP 1.5bn sales from Azad project in New Cairo
Project will be delivered by end-2019, says managing director
Palm Hills looks to direct 16-17% of sales to Egyptian expats this year
Company expects to achieve total sales of EGP 12bn by end-2018, says co-CEO