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Egypts new Justice Minister Suleiman said he would take Turkish judical system as model…
Egypt's new Justice Minister Suleiman said he would take Turkish judical system as model CAIRO - Egypt's newly appointed Minister of Justice Ahmed Suleiman has said, "I will work for our citizens to ease their proceedings at the courts by taking Turkey as a model."Ahead taking his new office, Suleiman spoke to Anadolu Agency and said that before he was appointed as a ...
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Govt Forms Body to Confront Violence Against Women
Chairwoman of the National Council for Women, Mervat al-Talawi, has welcomed a decision by the Ministry of Interior to establish a body allocated to combat violence against women. Talawi expressed hopes that the decision will be enforced soon, considering it an initial step towards addressing the growing phenomenon of violence against women. She said that Egyptian women need to be protected ...
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Prosecutor Investigates Torture Case
Egypt's top prosecutor has ordered an investigation in a lawsuit accusing the interior minister and the chief of Torah Prison of torturing a prisoner until he lost his eyesight. "Major Ashraf Khafaga, Chief of Torah Prison, tortured a prisoner, humiliated and assaulted him until he lost his eyesight, which contradicts the most basic human rights, laws and constitutions," said the ...
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Govt Rethinks Its Subsidy System for the Poor
Cairo - The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to ...
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Egypt Police Mistreats Stranded Palestinians - Gaza
A Gazan official has said that hundreds of stranded Palestinians, including members of parliament and patients, were mistreated by Egyptian police during their return from the Kingdom of Saudi Arabia after performing hajj (Muslim pilgrimage to Mecca). Interior Ministry Spokesman Islam Shahwan told Asharq Alawsat on Sunday that he received complaints from stranded citizens who said they were ...
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Egypt Judges Elect New Constitutional Court Chief
The general assembly of the High Constitutional Court approved Adly Mansour's appointment as Chief Justice on Sunday. Mansour will replace Maher al-Behiery who retires on June 30. A 2011 amendment to the law states that the president chooses the Chief Justice of the HCC from the three top deputies following the approval of the court's general assembly. Before the amendment, ...
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Prime Minister Kandil Says He Expects IMF Loan Deal Within 45 Days
Construction site in Port Safaga (file photo) Negotiations with the International Monetary Fund (IMF) to secure a $4.8 billion loan for Egypt are nearing their end, Prime Minister Hisham Kandil said on Monday. Kandil added that he expects Egypt to obtain the loan with 45 days before the parliamentary elections are held. "The financial gap is big since revenues are less than ...
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Egyptian police continue to block Israel border crossing
CAIRO // Egyptian police blocked a commercial border crossing with Israel yesterday, security sources said. The police were enraged by the kidnapping of seven of their colleagues by gunmen in the Sinai Peninsula. They have been blocking another border post, the Rafah crossing into the Gaza Strip, since Friday to press the government to help free the seven. Dozens of police expanded the protest ...
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Report Egyptian army pushes to attack kidnappers
The Egyptian army is pushing president Mohamed Morsi for a green light to attack the kidnappers of seven security officers, which have been held since last Thursday, according to a report in ...
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Jumia to benefit from additional €35 m investment by Millicom
- Jumia.com, Africa's fastest growing online retailer, confirmed that global telecommunications group Millicom International Cellular S.A plans to increase its stake in Jumia.com's holding company from 20 to 35%. This additional EUR85 million investment in the parent group is part of a EUR340 million agreementsigned in August 2012. Of the EUR85m, EUR35m will be invested in Africa. It ...
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Egyptian teacher charged with blasphemy after 10-year-old students complain
CAIRO // The young Christian woman sat handcuffed in the courtroom, accused of insulting Islam while teaching history of religions to fourth-graders. A team of Islamist lawyers sang in unison, "All except the Prophet Mohammed." The case against Dimyana Abdel Nour in Luxor began when parents of three of her pupils claimed that their children, aged 10, complained their teacher showed ...
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Government cancels initial approval for Porto Fayoum project Amer
) announced 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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EGX announces cancellation of 150.000 local deposit receipts of ODH
: EGX administration announced that it has received a release from Misr for Clearing, Depository and Central Registry (depositary bank) stating that: 1- Cancelling of 150.000 of Orascom Development Holding - ...
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Egyptian army mulls Sinai operation
President Mohamed Morsi has ordered the Egyptian army to free seven kidnapped Egyptian soldiers and police officers in the Sinai, officials said. Police and security officials in the Sinai planned a military operation during an emergency meeting Saturday, an unnamed military official told the Ma'an news agency. The army intends to carry out the operation only after intelligence has ...
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Sheikha Fatima bint Mubarak Ladies World Championship wraps up
WAM LONDON: The fifth round of the 2013 H.H Sheikha Fatima bint Mubarak Ladies World Championship (IFAHR) on Friday was concluded at Newbury Racecourse, London, UK. The 1600-meter race was organised as part of the H.H Sheikh Mansour Bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival. Winner of the race, Irish jockey Marta Pisarek, on Altesse Kossack, finished the race in ...
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Cairo Oils Soap incurs LE 29.8 m loss in 9 months
) reported financial results posting a net loss of LE 29,841,075 for the period from 01/07/2012 till 31/03/2013. Noting that, it posted net profits of LE 7,221,359 for the same period of the previous ...
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Egyptian Gulf Bank declares cash dividends of LE 0.236share
) declared cash dividends of LE 0.236 per share payable on 30/05/2013. Shareholders as of 27/05/2013 are entitled to cash dividends ...
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Workshop On Youth Employment Action Plan Ends in Accra
Accra-Ghana - ECOWAS Member States have been urged to establish a mechanism for monitoring and evaluating the efficacy of their National Youth Employment Plans in responding to the youth employment challenges facing the region. This was one of the recommendations of a four-day workshop jointly organized by the ECOWAS Commission and the International Labour Organisation (ILO) to build the ...
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Blogger Accused of Insulting President to Face Verdict in June
An Egyptian court set a June 3 date to issue a verdict on the case of prominent blogger and activist Ahmed Douma, who has been accused of insulting the president and disrupting public order on Monday. The court also order his continued detention until the verdict's session. During the second hearing of his trial on Monday, Douma said it was not his intent to insult the president, but he ...
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Glaxo Smith Kline declares LE 0.75share payout
) declared cash dividends of LE 0.750 per share payable on 06/06/2013. Shareholders as of 03/06/2013 are entitled to cash dividends ...
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Presidential Aide Suez Canal project aims at doubling revenues 20 folds
- Presidential Aide for projects' affairs Ahmed Soliman said the Suez Canal corridor development project is based on three phases with the aim of transferring the corridor into a global center for industry and logistics services, thus doubling the Suez Canal's national income by 20 folds of its current value. This came during Soliman's lecture which he gave Thursday 16/05/2013 ...
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OCI NV says earnings hit by gas supply constraints
- Egyptian construction and fertiliser group OCI said its core earnings were flat in the first quarter, citing lower construction margins and reduced output at its Egyptian plants due to interruptions in supplies of natural gas. The Dutch-listed parent of Orascom Construction Industries (OCI) ...
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Anti-Mursi Demonstrators March to Tahrir Square
Demonstrators marched on Friday from Dawaran Shubra, Mostafa Mahmoud and Sayeda Zeinab to Cairo's Tahrir Square to protest against President Mohamed Mursi and the Muslim Brotherhood. Activist Kamal Khalil urged around one thousand demonstrators on the march from Shubra to pass through Road al-Farag area in order to get more people to join the march. Hundreds of marching demonstrators ...
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Egypt Suez Canal Development Project Will Raise Revenues 20 Folds - Official
The Suez Canal development project aims at turning the canal into "a global centre for industry and logistics" since 10 percent of the world's merchandise and 20 percent of all ships pass through the canal, said an advisor to President Mohamed Mursi. The project which is expected to raise the canal's revenues 20 folds will involve three phases, presidential advisor Ahmed ...
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Opposition Denounces New NGO Draft Law
Egypt's main opposition group, the National Salvation Front, announced on Saturday its rejection of the draft law governing the work of NGOs that is currently being discussed by the Shura Council (upper house of parliament). The opposition bloc stressed that this law "sets the foundation for suppressing civil work in Egypt and contradicts the international standards for freedom of ...
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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