Latest Egypt News
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Egypt sends extra troops to Sinai
Egypt has increased its security presence in the Sinai peninsula, four days after seven members of its forces were abducted there. Armoured vehicles were seen crossing into northern Sinai on Monday in response to the kidnapping. A video emerged at the weekend apparently showing the men pleading for their release. The Egyptian president held emergency meetings with security chiefs on Monday ...
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Cairo Center for Development Sues 50 Lawsuits in Favor for Exposed-to-Violence Women
In the context of the legal aid unit's framework in Cairo Center for Development and human rights, the center sued 50 lawsuits for exposed-to-violence women including personal status, other cases are in front of administrative court in the Council of State and in front of delinquency courts. Concerning personal status lawsuits that relating to domestic violence, they reached 42 lawsuits ...
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Security Forces Prefer Negotiation With Kidnappers
Egypt's security forces have not received any orders to initiate an armed operation to free the security personnel kidnapped in Sinai, a senior security source told the state-run news agency. The unnamed source said the security forces prefer negotiating with the kidnappers in order to maintain the safety of hostages, according to the Middle East News Agency. Militants kidnapped seven ...
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Barclays Bank Egypt announces its financial results for year ended 31 December 2012
Barclays Bank Egypt announced its financial results for the year ended 31 December 2012 where profit after tax grew to reach LE368m, 301% ahead of same period in 2011. Despite the challenging economic and political situation, profits increased, driven by robust performance across all lines and ...
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Daunting but Promising AfDB Report highlights Economic and Social Benefits of Green Growth for Africa
A new report released by the African Development Bank (AfDB) shows that investments in green growth are not only good for the environment but are also advantageous to economic ...
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No costs paid in Porto Fayoum project Amer official
), stated that the company bore no expenses in its Porto Fayoum project, Almal newspaper reported. It is worth noting that, Amer announced yesterday that Tourism Development Authority cancelled its initial approval for Amer's affiliate Porto Fayoum for Tourism Development's project. It is worth noting that, The Authority approved Porto Fayoum to develop 2,796,600 square meters in ...
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St. George in a 2-0 Win Over Enppi
The Ethiopian side St. George beat the visiting Egyptian side ENPPI 2-0 in the first leg of the Orange CAF Confederation Cup play off on Sunday at the Addis Ababa stadium. St. George's Shimeles Bekele scored the opener at the 4th minute while Abebaw Butako made it 2-0 after collecting a corner kick in the 26thminute. The local fans saluted their team's win but now St George will have ...
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Well Make Egypt Safe for Aio Delegates - Loc
Egyptian officials have given firm assurances that necessary precautions have been taken to ensure the safety of the 700 delegates before, during and after the 40th African Insurance organisation national assembly/conference. The Chairman of the Local Organising Committee, LOC and also the chairman of Insurance Federation of ...
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Egypt boosts Sinai forces amid hostage crisis
EL-ARISH, Egypt - The Egyptian army sent reinforcements into the Sinai Peninsula on Monday after President Mohamed Morsi said there would be no talks with militant Islamists ...
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Will U.S. Designate Egypt Pakistan Iraq and Nigeria As Religious Freedom Violators
Pakistani Christians protest against the country's blasphemy laws and violence targeting their minority community. An independent U.S. watchdog has urged the executive branch every year since 2002 to designate Pakistan as a "country of particular concern" over religious freedom violations. (AP Photo) (CNSNews.com) - As the State Department prepares to release its annual report on ...
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AfDB Set to Help African Countries Better Exploit AGOA Export Opportunities
The African Development Bank is working towards helping African countries better benefit from the African Growth and Opportunity Act (AGOA) ...
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Today Arab Ceramics last cash dividends date
) declared cash dividends of LE 1.50 per share payable on 23/05/2013. Shareholders as of 20/05/2013 are entitled to cash dividends ...
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Egyptian army boosts forces in Sinai after kidnapping
View Photo Reuters/Reuters - Egyptian policemen shout slogans from the gates of the main Egyptian crossing point into the Gaza Strip, which has been closed for the third day, in Rafah city, about 350 km (217 miles) ...
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Egypt cuts size of bond auction after funds decree trims demand
Egyptian pounds from the 1.5 billion the central bank initially sought. The central bank, worried that banks were investing too heavily in the local money market and fixed income funds, said last week that banks would not be able to invest more than 2 percent of their Tier One capital in the funds, down from the previous 5 percent. Dealers expected the decree would continue to reduce demand ...
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Equatorial Guinea prohibits Egypt revolt reports
No talk of a Tunisia or Egypt-style revolutions in Equatorial Guinea. These were the orders given to media in the country, which all are controlled by the state or the family of President Teodoro Obiang ...
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161 Egyptian students suffer food poisoning
About 161 Egyptian students of al- Azhar University have been infected with food poisoning, with no deaths reported, spokesman for the Ministry of Health Yahia Moussa told Xinhua on Tuesday. "So far, 161 students of al-Azhar University were hospitalized due to the food poisoning since Monday night," said Moussa, adding that 95 people were recovered, while others were still under ...
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IHG Academy at InterContinental Cairo CityStars signs apprenticeship agreement with Helwan University
InterContinental Cairo CityStars launched a new academy within CityStars Complex to reach fruitful apprenticeship agreements under the management of Nasser Fadly the Area Director of Human Resources IHG Egypt and supervision of Egyptian Faculties of Tourism and Hospitality and High Institutions of Hospitality.Dr. Yasser Shaker, President of Helwan University, and Simon Stamper, Regional General ...
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Security beefed up in Egypts Sinai after kidnapping of security personnel
CAIRO - Egyptian officials say dozens of military and police armoured vehicles have crossed into Sinai, beefing up the security presence in the volatile peninsula five days after suspected militants kidnapped six policemen and a border guard there. Islamist President Mohammed Morsi said all options are open to free the seven men. Officials have said mediators were in touch with the captors. ...
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Egypt sends more forces over Sinai kidnapping
Egypt's army has sent reinforcements into the Sinai Peninsula after President Mohamed Morsi said there would be no talks with fighters who abducted seven members of the security forces last week. An army official said on Monday that the decision followed a meeting between the military leadership and Morsi, who has said he will not submit to blackmail by the kidnappers, who are demanding ...
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Cameroon plans Egypt-like protests
Opposition groups, trade unions and Diaspora groups are preparing "Egypt-like" protests in Cameroon tomorrow, 23 February, to call for President Paul Biya to step down. The US Embassy warns of possible ...
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Egypt breaks ammunition development contract with Russia - Izvestia newspaper
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In Egypt even an autopsy is political
CAIRO , Egypt -- Egyptian forensic officials in Cairo say they are struggling with the overwhelming number of bodies that continue to arrive at their facilities bearing marks of torture and abuse in police custody, even when the streets are calm from political unrest. Senior pathologists with the government-affiliated Forensic Medical Authority (FMA) -- speaking to GlobalPost on the condition ...
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One third of Egypt households have Internet Government agency
- One third of Egyptian households had internet access in 2012, three million more than in 2011, Egypt's official statistics agency CAPMAS announced on Saturday. Following ten years of gradually increasing internet penetration, national Internet use spiked following Egypt's January 2011 revolution, growing by 17 percent in a single year to reach 31 million by July 2012, according to a ...
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Egypt Appoints New Chief of State Oil Firm
Egypt's oil ministry Monday named Tarek El-Barkatawy chief executive of state-owned Egyptian General Petroleum Corp., or EGPC, at a time when the country is facing a severe fuel shortage and needs to negotiate favorable rates with oil producers. Mr. El-Barkatawy replaces Sherif Haddara, who was appointed oil minister in a cabinet reshuffle earlier this month. Mr. El-Barkatawy served as ...
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No ownerships for Egyptians or foreigners in Suez Canal Corridor Minister
Minister of Housing Tarek Wafiq confirmed, in a lecture he gave at the closing session of Egyptian engineers meeting in Riyadh, that Suez Canal Corridor development project is fully under the State's control. There are no plans to sell lands to any Egyptian or foreign investor operating in the project and the system of usufruct will be applied while handling the project, he ...
Egypt Digest
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Egypt's oil industry is growing rapidly
Egypt has, in recent years, made immense gains in terms of economic performance. The country has long been the economic powerhouse of North Africa and Africa in general (second only to South Africa and Nigeria) and has taken great steps to reverse the highly-centralized economy inherited from President Gamel Abdel Nasser.
The oil and gas sector has long been one of the major strengths in the Egyptian economy, along with other natural resources such as minerals, gold and natural gas. Read more
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