Upper Egypt Economic Summit under discussion
Number of investment opportunities in Upper Egypt will be presented at the summit, which will tackle one of the poorest zones in the country
Government approval to hold plants accountable for gas consumption is useless: Suez Steel Chairman
I reject importing gas because it is the government’s responsibility, and coal is not a solution for the steel industry, says El-Garhy
Egypt targets EGP 37.8bn in infrastructure investments
State budget will provide EGP 25.5bn in funds for public investments
Ambiguity surrounds CBE’s decision to raise dollar price by 10 piasters
Analysts await CBE’s next step, expecting an increase in commodity prices
Defined goals set in revised budget: Dimian
Government revision on budget included lower targeted budget deficit, lower spending and higher revenues
Emergency plan in place to offer subsidised food during Eid Al-Fitr
EGP 500m additional subsidy for commodities on ration cards offered during Ramadan
3 journalists remain in detention pending investigations
Twelve journalist were arrested at Zeinhom morgue whilst covering killings of Muslim Brotherhood leaders
Situation in North Sinai stabilises
A Sheikh Zuweid resident, requesting anonymity, told Daily News Egypt that the situation is currently better, and that the army is frequently combing the area.
‘Terrorist cell’ members sentenced to death, life by Giza Criminal Court
The two men are accused of forming a terrorist cell and possessing explosives
Amnesty International defends research against foreign ministry accusations of ‘lies’
NGO says Egyptian authorities do not differentiate between ”peaceful criticism and abuses by armed groups”