Latest Egypt News
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Egypt highlights fraternal relations with UAE
WAM CAIRO, June 18th, 2013 (WAM) -- Egypt is proud of its deep-rooted fraternal ties with the UAE and its people, Egyptian Foreign Ministry official has said. The Egyptian Foreign Ministry's Spokesman Badr Abdel Aaty, in an official statement carried today by the Middle East News Agency (MENA), said that the relations with the UAE were based on mutual respect and joint interests, and ...
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Telecom Egypt announces change to its Board of Directors
), has today announced that Dr. Ashraf El-Sayed El-Araby has been appointed to the Board of Directors, replacing Mr. Hassan Helmy for the remainder of the current term. Dr. Ashraf El-Sayed El-Araby served as the Minister of Planning and International Cooperation from August 2012 to May 2013. Prior to this, he headed the technical advisory office of the former Trade & Industry Minister until ...
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IHT Rendezvous European Aid to Egypt ‘Ineffective’
An Egyptian anti-government campaigner collected signatures on June 2 on a petition demanding early presidential elections. LONDON — A $1.35 billion European Union aid program to promote good governance and human rights in Egypt has been ...
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Routes over under Suez Canal closed for Sunday anti-government march
The Interior Ministry says police protection won't be available for headquarters of political parties during a massive anti-government protest set for Sunday. Interior ...
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Prisons Will Not Be Stormed On June 30 - Interior Minister
Egyptian Interior Minister Mohamed Ibrahim has said that the Republican Guard are responsible for securing the presidential palace, not the police whose duty is to protect protesters. The minister assured the CBC satellite channel on Monday evening that prisons are a "red line" and will not be stormed during demonstrations planned for the end of this month. He warned that those who ...
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Nation and Ethiopia Resume Discussions On Nile Crisis
Egypt and Ethiopia have both agreed on the significance of resuming discussions, joined by Sudan, over a dam that Ethiopia plans to build on the Nile River. In a bilateral statement reported by Egypt's state news agency, the two African countries said that their governments will follow up on the results of the latest meeting between their foreign ministers. A committee grouping ...
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Egyptian Performers Denounce Brotherhood
JERUSALEM, Israel -- The government of Egyptian President Mohammed Morsi continues efforts to impose Islamist ideology on all its citizenry. Recently, Egyptian Culture Minister Alaa Abdel-Aziz fired the director of the Cairo Opera House, saying he wants to "inject new blood" into the country's ...
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Kuwait hangs two Egyptian men for murder and rape
KUWAIT (Reuters) - Kuwait hanged two Egyptian men on Tuesday, one for murder and the other for abduction and rape, state news agency KUNA reported, in the second set of executions in the Gulf Arab state this year. Ahmad al-Beili was sentenced to death for the premeditated murder of two people and Hajjaj al-Saeedi was found guilty of raping five children, KUNA said, adding that 29 people remain ...
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Tomorrow Moving price limits of Egyptian Starch Glucose shares
) to call for the existing shareholders to subscribe in company's issued capital increase from LE 308.185.000 to LE 388.185.000 amounting to LE 80 million for 8 million shares at a nominal value of LE 10 per share. EGX announces that price limits of company shares to be moved on Wednesday ...
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Egypt sees Ethiopian dam as risk to water supply
Since long before the Pyramids towered above the rich soil of this riverside town, Egyptians have given thanks to the muddy waters of the Nile. "Plants, animals, humans," said Ibrahim Abdel Aziz, a 45-year-old farmer, "we all come from this river." Trace the Nile about 2,250km upstream and there's a rising colossus that threatens to upset a millennia-old balance. There, ...
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A Post-Revolutionary Egyptian Tragedy - Nancy Okail and the Case of NGOs Vs. the People of Egypt
allAfrica.com ). To contact the copyright holder directly for corrections -- or for permission to republish or make other authorized use of this ...
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Today United Housing Development last payout date
) declared cash dividends of LE 0.2972733 per share payable on 23/06/2013. Shareholders as of 18/06/2013 are entitled to cash dividends ...
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Auditors criticise EU aid for Egypt
European auditors have sharply criticised EU aid allocated to Egypt, saying it has had little impact on corruption and human rights abuses. In 2007-2013 the EU sent about 1bn euros (854m) in aid to Egypt - one of the biggest recipients of EU aid. But ...
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Egypts Hostile Remarks Cements Support to Gerd
Ethiopians and foreigners of Ethiopian origin say the ongoing rubbish propaganda by the Egyptian government regarding the Grand Ethiopian Renaissance Dam (GERD) has made them strengthen their support for the project. The compatriots visited the Grand Ethiopian Renaissance Dam Project on Monday. After visiting the project, the compatriots said the ongoing rubbish propaganda by the Egyptian ...
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Reports say Hamas preventing rocket fire
Gaza has deployed a 600 member military force to prevent rocket attacks on Israel, an Arab source told The Times of Israel. Hamas formed a special force to "safeguard public order" and operates along the border with Israel, the source told the Israeli website. Recent months have seen a dramatic decline in the number of rockets fired at Israel compared to a similar period last year, ...
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President Mursi Meets With Wasat Party Leaders to Discuss Initiative
President Mohamed Mursi met on Monday with leading figures of the Wasat Party at the presidential palace to discuss the details of a national initiative presented by the party days ago. The Wasat Party had recently proposed an initiative that includes holding a national dialogue on early presidential elections, forming a coalition government and discussing the upcoming parliamentary elections ...
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Jabbar Internet Group makes first investment in Egyptian company through BKAM.com
Jabbar Internet Group, one of the region's largest online investors, announced its first investment in an Egyptian company through the Alexandria-based website ...
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Egyptian Chemical Industries EGM approves capital increase by LE 98.3 m
) announced that company's EGM approved to increase its paid and issued capital from LE 1.206.000.000 to LE 1.304.300.000, amounting to LE 98.3 million distributed over 260.860.000 at a nominal value of LE 5 per share. The company added that, this increase will be financed from cash dividends withheld from ...
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Ethiopia Ethiopia Egypt to Continue Dialogue
Minister of Foreign Affairs Dr. Tedros Adhanom and Egypt's Minister of Foreign Affairs Mohamed Kamel Amr agree to continue the dialogue for win-win solutions on the Nile Basin outstanding issues. The two ministers showed interest to strengthen bilateral relations and coordinate their efforts to reach an understanding regarding all issues between both countries on the basis of trust. With ...
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ElBaradei Says Youths Were Are Nations Dream
Egypt's youths were and still are its hope and dream, Mohamed ElBaradei said. "The mind is our guide and conscience is our compass," ElBaradei, head of the Dostour Party, wrote on Twitter. Together we will create change so long as we are alive, he said. ElBaradei, member of the National Salvation Front, gave a speech at a sit-in organised by intellectuals and artists on ...
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EU support to Egypt assessed as ineffective
The European Court of Auditors (ECA) has published a report criticizing EU aid spending to promote key areas of governance in Egypt in the periods before and after the Uprising of January 2011. The audit focused on Public Finance Management (PFM) and the fight against corruption, as well as on human rights and democracy. As Mr Karel Pinxten, the ECA member responsible for the report stated: ...
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Verizon said to express interest in buying Canada’s Wind Mobile
Verizon Communications Inc. (VZ) has expressed interest in acquiring wireless carrier Wind Mobile, a move that would let the leading U.S. mobile-phone service expand into Canada, three people familiar with the matter said. Wind Mobile also has been approached by suitors from Canada and elsewhere, said two of the people, who asked not to be named because the process isn't public. ...
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Ethiopia Egypt vow to ease tension
Ethiopia and Egypt have agreed to hold further talks to quell tensions over the building of a new dam on the Blue Nile, their foreign ministers say. Ethiopia's Tedros Adhanom said the two nations have chosen to swim rather than sink together, AFP news agency reports. He met his Egyptian counterpart Kamel Amr after Egypt opposed Ethiopia's plans for a hydroelectric dam. Egypt is ...
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Ethiopia Ethiopia and Egypts Joint Press Statement Over Nile Basin Region
Ethiopia: Joint Press Statement By the Minister of Foreign Affairs of the Arab Republic of Egypt, Mohamed Kamel Amr and the Minister of Foreign Affairs of the Federal Democratic Republic of Ethiopia, Dr. Tedros Adhanom ...
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Shura Council Agrees On Amendments to NGO Law
Egypt's Shura Council (upper house of parliament) agreed in principle on Monday on amendments to the civil society law, the state news agency MENA reported. The Shura Council will discuss the amendments further in upcoming sessions, President Mohamed Mursi referred the draft law to the upper house for discussion and vote in May. Egyptian opposition groups had criticized an earlier draft ...
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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