Ministry of Industry announces development of 35 industrial zones

The zones, spread across 22 governorates, will be outfitted with basic infrastructure by the end of June

Doaa Farid

Fitch rates Egypt outlook ‘stable’, but deems quick recovery ‘unlikely’

Total spending rose to 33.5% of GDP in FY 2013 (up from 30.3% of GDP in FY 2010), as wages and subsidies spending surged (75% of the total), an issue…

Adam Koppeser

40% of agriculture waste left to rot: Federation of Egyptian Industries

Agricultural waste must be recycled and reused to produce renewable energy, says FEI Vice Chairman Tarek Tawfik

Sara Aggour

Egypt Hits 5-year high on Election Law talk; Q4 reports hurt Dubai

Reuters - Egypt’s bourse surged to a five-year high after a local newspaper reported that discussions over a new presidential election law would begin on Wednesday, while Dubai’s shares fell…

Daily News Egypt

No clear answers from fact-finding committee for post-30 June violence: NGOs

Presidential decree mandates that the committee cannot publish its findings to the public

Hend Kortam

Black market revenues of petroleum products total EGP 30bn

Former petroleum minister discusses issue in a meeting with the government

Sara Aggour

Prosecutor refers alleged Mossad spy ring to criminal court

Two Egyptians and two “Mossad officers” are accused of providing information to Israel

Daily News Egypt

11 demonstrators arrested for protesting without a permit released on bail

Detainees were arrested during an 8 January protest calling for the release of other detained protesters

Daily News Egypt

Sabahy releases electoral platform

Presidential hopeful Hamdeen Sabahy details policies on a variety of issues

Basil El-Dabh

Gulf ties could aid Islamic finance in Italy

Reuters - Bankers and academics in Italy are stepping up efforts to develop Islamic finance in the country, a campaign which could benefit from growing economic links between Gulf countries…

Daily News Egypt