Latest Egypt News
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Egyptian President Announces Release of Officers Kidnapped in Sinai
CAIRO ...
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ExcerptsEgyptian depression most severe since 1930s 17 May 2013
Excerpts:Egyptian depression most severe since 1930s 17 May 2013 +++SOURCE: Egypt Daily News 17 ...
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More hotels join Hilton Worldwide
Hilton Worldwide Middle East and Africa announced the launch of its popular Great Getaway promotion campaign for the MEA region, offering astute travellers the opportunity to secure up to 25% discount on hotel stays, simply by booking five days in ...
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Mobinil Ericsson to bring next generation internet technology to Egypt
Growing consumer demand for mobile connectivity in Egypt has resulted in a new agreement between Mobinil and Ericsson whereby Ericsson will modernize Mobinil's ...
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Released Soldiers Return Home
Egyptian Army Soldiers (file photo). Seven released Egyptian security officers, who were kidnapped by Islamist militants in Sinai on Thursday, arrived to Almaza Cairo Airport on Wednesday after being released, reported the state-owned news channel. President Mohamed Mursi, Prime Minister Hisham Kandil and Defence Minister Abdel Fattah Sisi received the released security personnel at the ...
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Egypts Minister of Electricity and Energy supports the 2nd Annual Egypt Power and Electricity Summit
As the Egyptian government is working on developing its economy and infrastructure, it has become crucial for the country to improve its electricity sector and provide uninterrupted electric power supply to its population and industries. To further strengthen its development plans, the Ministry of Electricity and Energy has implemented the national 5-year plan for electricity expansion ...
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Orascom Telecom says not party in VimpelCom Algeria talks over Djezzy
) announced that it didn't informed about stoppage of negotiations between Russian VimpelCom, owner of Orascom, and the Algerian Government about OT's unit in Algeria Djezzy. OT added, in a release sent to EGX that, it is not party in these ...
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7 kidnapped Egyptian servicemen released
Seven Egyptian security personnel arrived in Cairo Wednesday morning after being released by kidnappers in the Sinai Peninsula, Egyptian officials said. Egyptian President Mohamed Morsi, Defense Minister ...
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Egypt Boosts FX Sale for Commodities as SP Warns on Inflation
Egypt 's central bank will offer a record $800 million at a currency auction to local lenders today to finance imports of staple foods and medicines after Standard & Poor's warned of accelerating inflation. The regulator, which normally offers $40 million at each auction, is holding a second so-called exceptional sale specifically targeting basic commodities. It sold $600 ...
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Egypt Security Officers Kidnappers Must be Pursued and Captured
Cairo - Supreme Guide of Egypt's Muslim Brotherhood, Mohamed Badie, extended his greetings to President Mohamed Mursi, the Armed Forces and the Bedouins of Sinai on Wednesday for their efforts in releasing the seven kidnapped security officers. Badie stressed through his Twitter account the necessity to hold the perpetrators of this abduction accountable. "Congratulations to the ...
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Sinai kidnappers free Egyptian policemen
Egypt has reopened the Gaza border crossing after Sinai militants released three Egyptian policemen and four soldiers kidnapped five days ...
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Gaza-Egypt crossing at Rafah reopens witnesses
In this Monday, Aug. 6, 2012 file photograph, the Rafah border terminal between Egypt and Gaza, and the only gateway for Gaza's people, is closed and guarded by Egyptian border guards in Rafah, Egypt. (AP Photo/Ahmed Gomaa, ...
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Damac emerges from Egypt tussle poorer but clean
with Egypt’s government, but at a significant cost, according to figures published by an Egyptian newspaper. Under the terms of the deal, Damac will pay an additional $20.77m to reclaim the right to construct its "Park Avenue" mall and commercial project on the Cairo-Alexandria road, while it will forfeit its stake in local developer, ‘Hyde Park Properties for Development ...
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Egyptian security men abducted in Sinai freed
Six Egyptian policemen and a border guard abducted on the Sinai peninsula last week have been released, the Egyptian army has said in a statement. "The seven kidnapped soldiers are now on their way to Cairo after they were released thanks to the work of military intelligence, and in cooperation with the noble tribal leaders of Sinai," said army spokesman Colonel Ahmed Ali in a ...
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International Association of Judges Rallies Behind Nations Judiciary
At an international conference focusing on the independence of Egypt's Judiciary on Monday, the president of the International Association of Judges announced a new committee to investigate the feud between the judiciary and the government in Egypt. Gerhard Reissner explained that the association plans to present a comprehensive report on the matter to the United Nations, after hearing ...
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Army Determined to Apprehend Sinai Soldiers Kidnappers
Egyptian Army Soldiers (file photo). Egypt's Armed Forces said on Tuesday it did not and will not hesitate in taking any steps to release the kidnapped soldiers in Sinai. The response to this operation will be swift and harsh, the Armed Forces added. "We will not have pity or mercy on terrorists or those who help them." On their Facebook page, the Armed Forces reported that ...
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Army Raids Sinai Homes in Search of Hostages
Egyptian Army Soldiers (file photo). Security sources in northern Sinai said that army and police forces began raiding homes in al-Sheikh Zuwayed and Rafah on Tuesday in search of the seven security members who were abducted on Thursday. The sources told Aswat Masriya that the raids included about 20 homes in the deserted area of southern Rafah. Forces fired gunshots at subjects who were ...
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Gunman Killed in Airstrike in Sinai
Egyptian Army Soldiers (file photo). A gunman was killed in an air strike on a village in northern Sinai during a security operation on Tuesday, reported a state-owned news channel. The armed forces and the police are currently carrying a security operation to liberate the seven security officers who were kidnapped on Thursday by Islamist militants. The security forces also captured three ...
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Authorities Deny Killing Gunman in Sinai
Egyptian security sources denied killing a gunman in an airstrike in northern Sinai, saying that the security forces mistakenly fired on a funeral during a sweep search for the security personnel who were kidnapped on Thursday. A state-owned news channel has reported earlier that a gunman was killed during the military operation conducted to free the seven kidnapped security officers. The ...
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Egypts EFG Hermes says Q1 net profit jumps 27 pct
CAIRO | Wed May 22, 2013 4:40am EDT CAIRO May 22 (Reuters) - EFG Hermes, Egypt's biggest investment bank, saw net profit jump 27 percent in the first quarter from the same period a year earlier, the bank said on Wednesday. Net profit for the period increased to 98 million Egyptian pounds ($14 million) from 77.0 million pounds in the first quarter of 2012, the bank said in a ...
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Egyptian Authorities Reopen Rafah Crossing
Gaza, May 22 (BNA) - Egyptian authorities reopened on Wednesday the Rafah border crossing between Egypt and the Palestinian territories, south of the Gaza Strip, in both directions after the success of the Egyptian army in releasing its seven soldiers who were kidnapped last Thursday in north Sinai. Rafah crossing was closed for five consecutive days due to protest against the kidnapping of the ...
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Tonight with Hani comedian actor is also an upstanding Egyptian citizen
the current judicial system . The comedian actor joined up with other celebs from the country at one of Cairo's most fabulous hotels because he knows that if you want to see improvement, you gotta take a ...
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Seven Egyptian hostages freed in Sinai en route to Cairo
After almost a week in captivity, seven soldiers held hostage by unidentified militants in Sinai have been released and are en route to Cairo confirmed Egyptian Armed Forces Spokesperson Ahmed Mohamed Ali, early Wednesday morning. The officers, who are being flown back to the capital, are free thanks to the efforts ...
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CIB submits request to discuss capital hike
) submitted a request in order to call for both EGM, OGM to discuss increasing issued and paid capital through free distribution from genaral reserves (one free stock for every existing two ...
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Kidnapped Egyptian soldiers in Sinai released
"The soldiers are on their way to Cairo after their release thanks to efforts of the Egyptian military intelligence in coordination with the elders of the tribes and families of Sinai," a spokesman of the Egyptian army was quoted as ...
Cairo Discussed
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Cairo leading new wave in literature
The publishing industry in Cairo is undergoing a profound change that may have implications for the day-to-day life of Egyptians for years to come, it is a kind of revolution in literature that may one day put Cairo on the map, nestled among those other publishing powerhouses, New York, London, and Chicago primarily, but also regional publishing centers like Johannesburg, Mumbai, and Sydney.
Cairo is already a literature producing city, but it is more commonly associated with Arabic texts, and these pieces of literature are further associated with sweeping assessments of society, societal change, politics and religion on a macrocosmic level. Traditionally, there has also never been much of a local market for literature in Cairo or wider Egypt, leading to an old saying that books are written in Cairo, but published in Beirut and then read in Baghdad. Read more
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