Latest Egypt News
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Anti-President Campaign Stirs Up Mixed Reactions
Cairo - The recent "Tamarrud" (Arabic for " Rebel") campaign that aims to pressurize Egypt's Islamist President Mohamed Morsi to call for an early presidential election has stirred up mixed reactions in the country. The campaign targets the collection of 15 million anti-Morsi signatures by the end June 30, which marks one year of Morsi's coming into office, to ...
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Number of poisoned Egyptian students rises to 107 protests lead to clashes local media
CAIRO, April 29 (Xinhua) -- The number of Egyptian students who suffered food poisoning on Monday rose to 107, while some other students blocked a road in protest and clashed with the police, state-run Al-Ahram newspaper reported on its website. The health ministry told the newspaper that the number of victims had risen to 107. Earlier Monday night, official MENA news agency put the toll at 90, ...
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Abu Dhabi Islamic Bank - Egypt arranged and signed the first Islamic Ijara Structure Syndication
Confirming its leading role in the Egyptian Islamic Banking, Abu Dhabi Islamic Bank- Egypt (ADIB- Egypt) arranged and signed the first of its kind Ijara Structure Syndication in ...
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PayPal launches in Egypt
For the first time, Egyptian consumers are now able to shop online using PayPal in thousands of online stores around the world. PayPal, the international online payment services provider, is announcing today the enablement of its service to consumers in ...
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Iran and Egypt Old Foes New Competitors
Demonstrators storm the offices of the Muslim Brotherhood's political wing, the Freedom and Justice Party, in protest of President Morsi's expansion of powers in Alexandria, Egypt, on Nov. 23. (Photo: Mohamed Hanno, ...
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Food poisoning hits 150 female students in Egypt
At least 150 female students were hit by food poisoning on Friday at Zagazig University in Egypt's Nile Delta province of Sharqiya, senior health ministry official told Xinhua."150 female students were hit by food poisoning in Zagazig University and no death cases have been reported," Health Ministry 's spokesman Yahya Moussa told Xinhua on Friday.Moussa noted that 100 ...
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Egypt in talks with Qatar Iraq over energy imports
Egyptian oil minister Sherif Haddara has said negotiations with Qatar over a gas swap deal and Iraq over oil imports are ongoing and will "soon" be finalised, Ahram has reported. "Communications are open with them," Haddara said. "These are big deals and need time. Soon we will hear that they are ...
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Kenya Egypt rebuilds its Energy sector after Turmoil
Egypt . "Coming on the heels of Cabinet-level approval for the project, the concession agreement between Mashreq and the Port Said Port Authority clears the way for the fast-tracking of this critical project, which stands as a backup to Egypt's national energy security," said Mashreq Petroleum Chairman and Managing Director Dr. Tamer Abubakr. Mashreq Petroleum is a core platform ...
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UPDATE 2-Egyptian tycoon to buy MTS fiber network in new Canada push
Fri May 24, 2013 5:08pm EDT * MTS to sell Allstream business for C$520 mln * MTS shares jump more than 5 percent in Toronto * Deal could result in MTS becoming takeover target By Alastair Sharp and Euan Rocha TORONTO, May 24 (Reuters) - Manitoba Telecom Services Inc will sell its Allstream fiber optic network to a company controlled by telecom tycoon Naguib Sawiris for C$520 million (US$503 ...
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Deputy Prime Minister His Highness Sheikh Mohammed Bin Mubarak Al-Khalifa Receives Dr. Jemilah Mahmood
Manama, Friday 24 May 2013: His Highness, Sheikh Mohammed Bin Mubarak Al-Khalifa, Deputy Prime Minister and the Chairman of the board of trustees for the Isa Award for Service to Humanity, received Dr. Jemilah Mahmood, the laureate of the first edition of the Isa Award for Service to Humanity 2011-2012. His highness also congratulated her on being named the laureate of the award and wished her a ...
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10 men suspected of brutally killing 3 women in Egypt for alleged affairs
LUXOR, Egypt – A mother and two daughters were allegedly killed by male relatives in southern Egypt who believed they'd had affairs, the latest apparent example of so-called "honor killings" in which women are slain for violating traditional morals in the conservative region, a security official said Friday. Police believe the 10 men stormed the house of the women, ...
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North African jihadists widen their war
The jihadist alliance in North Africa has widened its war with attacks in Niger demonstrating the militants are able to causing mayhem across the ...
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Three women killed in Egyptian honor crime
An Egyptian security official said on Friday that a mother and her two daughters were murdered by 10 male relatives, on suspicion of moral offenses — so-called "honor ...
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3 Killed In “Honor Crime” In Egypt
';honor killing'; after the women were accused of infidelity. The women were reportedly beaten with sharp objects and strangled before their bodies were wrapped in sheets, weighted with stones, and thrown into the Nile River. At least one of the men has been arrested and is in custody; police are searching for the remaining suspects. So far, only one of the women has been found. The ...
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PM Haniyeh of Palestinian government in Gaza called on Egypt to revise the Camp David Treaty which was signed with Israel
PM Haniyeh of Palestinian government in Gaza called on Egypt to revise the Camp David Treaty which was signed with Israel GAZA - Prime Minister Ismail Haniyeh of Palestinian government in Gaza called on Egypt to revise the Camp David Treaty which was signed with Israel.Giving a Khutbah at the Khalil al-Wazir mosque in Gaza, Haniyeh said, "we ask Egyptian authorities to revise mainly the ...
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Nahyan bin Mubarak attends Gala Dinner hosted by American University of Beirut
WAM ABU DHABI, May 24th, 2013 (WAM)--Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, has stressed that the UAE was committed to asserting the role of universities to achieve the socio-economic development in line with the clear vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan in this respect. The remark came during the annual gala ...
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Sea Dragon Energy announces first quarter 2013 financial and operating results
Production increased by 47% to average 1,495 bopd for the quarter (Q1 2012: 1,019 bopd). Netbacks increased by 36% to US$5.3MM @ US$39.41/bbl (Q1 2012: US$3.9M @$41.93/bbl). Production currently stands at 1,959 boepd as the Shukheir Marine well (SHB-5) was returned to production after a workover in February that affected the average production level for the ...
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UAEs $3 bln aid for Egypt will take time - UAE finmin
SIR BU NUAYR ISLAND, United Arab Emirates | Fri May 24, 2013 11:14am EDT SIR BU NUAYR ISLAND, United Arab Emirates, May 24 (Reuters) - T he $3 billion in aid that the United Arab Emirates pledged for Egypt in 2011 will "take time" to be transferred, the UAE Finance Minister and Dubai Deputy Ruler said on Friday. "We are going in the right way but it will take time. I cannot ...
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Amnesty International criticizes torture in Egypt
Amnesty International says the administration of Egyptian President Mohamed Morsi failed to implement reforms to eradicate torture. "No legal or policy reforms were implemented to eradicate torture under either the SCAF [Supreme Council of Armed Forces] or President Morsi's administration," the organization said. "Torture and other ill-treatment continued and security ...
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EOHR Concludes First Training Workshop for Legal Experts On Dealing With Crimes of Torture
On Tuesday 21 May 2013, the Egyptian Organization for Human Rights (EOHR) completed its first training workshop for legal experts in how to deal with crimes of torture. The workshop was held over two days from 21 to 22 May 2013. The second day of the workshop involved several sessions beginning with Mr. Essam Shiha, a member of the executive committee of the Wafd Party - the nationalist liberal ...
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AfDB Returns to the Ugandan Capital Market With its Second Shilling Bond
The African Development Bank (AfDB) has launched its second Uganda-shilling denominated bond on the domestic capital market. The UGX 12.5 billion bond is opened for subscription until the 27th of May. It is the latest issuance under the UGX 125 billion Medium-Term Note (MTN) Programme originally established in mid-2012. The MTN approach was adopted to allow the Bank to regularly tap into the ...
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AfDB President Commends Tunisian Hospitality
The President of the African Development Bank Group, Donald Kaberuka, Thursday, May 23, in Tunis, called on the Tunisian Prime Minister, Ali Laarayedh. President Kaberuka underscored the friendship between the AfDB and Tunisia and expressed gratitude to the Tunisian Government and people for their hospitality to the institution for the past 10 years. "We are home in Tunisia," affirmed ...
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A Calm State in Tahrir Square Before Demonstrations
A state of calm prevailed in Cairo's Tahrir Square on Friday morning before a planned demonstration which several revolutionary parties and forces have called for. Participants in today's demonstration demand retribution for the martyrs, early presidential elections and the release of all detainees. Traffic movement is normal in Tahrir Square, reported the Middle East News ...
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President Discusses Bilateral Relations With Qatari Premier
President Mohamed Mursi met with Qatari Premier and Foreign Minister Hamad Bin Jassim on Thursday to discuss bilateral relations between the countries and ways to develop them. Mursi praised the steady growth of Egyptian-Qatari relations since the January 2011 uprising, especially in the energy, oil and natural gas fields, the presidency said in a statement on Facebook. Talks between the two ...
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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