Latest in Highlight
The Swiss company aims to double investment in Egypt, upgrading infrastructure
Swiss tennis player and world number two, Roger Federer, won the title of the 2015 Swiss Indoor (Basel) tournament for the second year in a row. It was the 46th edition of the event. He defeated the Spanish Rafael Nadal, who ranked number six globally in the final match which brought them together, with scores …
The company behind its namesake peninsula is planning to open three new hotels in the next three years
Economics minister and vice-president of the Federal Council will also be holding bilateral talks with heads of state and government whilst in Egypt
Egypt repaid $670m to Paris Club in July, another payment of same amount is expected to follow in January
We have invested some CHF 25m that covers our framework agreement with Egyptian government, says Leitner
President set to deliver speech in special session on Thursday
Omar Samra will attempt “Adventurers Grand Slam”, a challenge involving climbing seven summits and skiing the North and South Poles
Award-winning, Cairo-based CIHRS says human rights organisations face ongoing threats
The group seeks to facilitate the implementation of the international convention against torture
Exhibition features paintings about identity from various perspectives
By Evline Meshreky A blog published by the World Economic Forum (Davos) attributed Germany’s success in football as well as economically to sustaining a culture of cooperation and common goals, and long-term policies to support those goals. The article relates the young average age in the German football team, 26.31, as opposed to 28.92 in …
The round of 16 has been played out and it did not disappoint, five out of eight ties went to extra time
The first week of the World Cup has produced some fantastic football; Daily News Egypt gives you a roundup of the best moments
At least 258,000 expatriates had cast their vote by 3pm on Sunday
Some of the Western bankers, money managers and oil traders who help keep that money moving are unconvinced sanctions will have a truly significant effect.
EU head of delegation signs Memoranda of Understanding with PEC and foreign ministry
AFP – Syria must be held accountable for abuses against its people and those responsible should be hauled before the International Criminal Court, UN rights chief Navi Pillay said Tuesday. “Criminal justice must be seized. The UN Security Council must be able to unite around the simple idea that terrible crimes have been committed …
Syrian opposition and regime representatives exchange accusations in Geneva II opening statements
The Paris Club is comprised of 19 developed economies.
Egyptian Ali Zein is tournament’s top scorer
EIPR, as part of its work on issues related to the recovery of smuggled funds, obtained an Arabic translation of the new law, saying that it included discussion on all issues related to the freezing, seizure and recovery of assets deposited by foreign dictators.
Shura Council requests Egypt’s ‘textiles sector receive increased subsidies for use in funding state infrastructure and small development projects’
Britain and Switzerland cannot confirm exact amount belonging to former regime members and affiliates, saying investigations still ongoing
Over the course of Hosni Mubarak’s rule, the illicit outflow of funds from Egypt are estimated at $132bn. After the January 2011 Revolution, countries such as Switzerland and the United Kingdom have been asked to freeze and repatriate Egypt’s stolen wealth. However, many legal, political and financial hindrances stand in the way. Daily News Egypt examines these hurdles and the efforts the Egyptian and foreign governments have exerted in order to recover these lost assets.
Gamal Mubarak could have used tax havens to launder money
The groups were frequently described as Shabbiha militias and were reportedly being set up to protect their neighbourhoods against anti-government armed groups and criminal gangs.
EIPR: Independent committee would help ease the process of recovering Egyptian funds smuggled abroad
The last two weeks were not a huge surprise. For some, it seems that the last couple of weeks were the result of a strategy by forces opposed to the presidency of Mohamed Morsi—that the violence was planned, arranged, and implemented. There is a corresponding logic to that line of thought—that had the violence not …
Mubarak-era assets in Switzerland are frozen pending new law allowing for expatriation of funds