Balance of payments jump to $3.7bn

Significant rise in the account surplus is lessened by dramatic fall in the service surplus

Sara Aggour

Minister of Finance allots additional fund for different sectors

EGP 165m will be allocated for tourism, EGP 225m for petroleum, EGP 125m for industrial training, EGP 355m for improving railway crossings and EGP 11.5m for journalism

Doaa Farid

UAE’s Arabtec plans property arms; eyes M&A, Egypt

Arabtec will partner with other firms to undertake projects in Dubai, Abu Dhabi and the Gulf states, it said in a statement detailing the resolutions of a 19 December board…

Daily News Egypt

75% of the ESDP agrees to vote Yes to the constitution

The party calls on presidential elections to be held before parliamentary elections

Mostafa Salem

Suez activist dies

Bassem Mohsen succumbed to fatal injuries sustained on Friday

Basil El-Dabh

‘Rabaa ruler’ student released

Student is released on bail; remains facing charge of carrying a ruler bearing the “Rabaa” sign

Daily News Egypt

Arab League holds Israel responsible for hindering peace

The Arab League held an emergency meeting on Saturday to discuss Palestinian-Israeli negotiations

Hend Kortam

AFTE urges universities to allow detained students to take exams

New report details violence, discipline on Egypt’s campuses in December

Aaron T. Rose

Big Oil sets out lobbying on Iran as US Congress stands firm

It is an unusual tack for an industry known for its strong Capitol Hill presence on every issue from taxes to pollution rules to international trade.

Daily News Egypt

India’s ‘Gilbertaro’ wins National Electricity Network contract

The contract shall be concluded Sunday between the Egyptian Electricity Transmission Company and the Indian Company with a total amount of $95.7m, including $57.7m, €19.7m and EGP 108.6m

Daily News Egypt