Provides the latest RSS feeds for Egypt News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Cairo News.net http://www.caironews.net/index.php/cat/d7006824400aaac1/ en-us Thu, 23 May 2013 12:40:21 -0400 Thu, 23 May 2013 12:40:21 -0400 30 ) has announced an update regarding the current legal status of extending the development schedule for SODIC West: New Urban Communities Authority's (NUCA) Board of Directors has formally approved an extension for SODIC's "SODIC West" development schedule to compensate for the delays in issuing necessary approvals. In that respect SODIC has received an official letter from ... http://www.caironews.net/index.php/sid/214716948/scat/d7006824400aaac1 Thu, 23 May 2013 11:00:14 -0400 http://www.caironews.net/index.php/sid/214716948/scat/d7006824400aaac1 QUESTION: On Libya, did the FBI complete its investigation in the attack on the consulate in Benghazi? Because there is a report today saying that the White House have enough proof about five suspects in Libya, and they are monitoring them. MR. VENTRELL: What I - again, I have to refer you to the FBI for the status of their investigation, but just to emphasize that there's no one more than ... http://www.caironews.net/index.php/sid/214716949/scat/d7006824400aaac1 Thu, 23 May 2013 10:42:52 -0400 http://www.caironews.net/index.php/sid/214716949/scat/d7006824400aaac1 An Alexandria prosecutor has ordered that four suspected jihadists, who were arrested on the desert road on Wednesday, be detained for four days pending an investigation. A security source said that an ambush had found the four men suspicious and when it searched their vehicle, it found weapons, including a machinegun, bullets, and hand grenades. Preliminary investigations revealed that the ... http://www.caironews.net/index.php/sid/214716950/scat/d7006824400aaac1 Thu, 23 May 2013 10:33:11 -0400 http://www.caironews.net/index.php/sid/214716950/scat/d7006824400aaac1 Environmental pollutants are responsible for 23 percent of diseases worldwide, a new World Health Organization (WHO) report showed. Resolving the problems caused by these pollutants may save the lives of six million women annually, the report indicated. Breast cancer kills 19 percent of women annually, said director of WHO's Public Health and Environment Maria Neira. Breast cancer is more ... http://www.caironews.net/index.php/sid/214716951/scat/d7006824400aaac1 Thu, 23 May 2013 10:33:11 -0400 http://www.caironews.net/index.php/sid/214716951/scat/d7006824400aaac1 EFG Hermes, the leading investment bank in the Arab world, released today its consolidated financial results for the first quarter of 2013, reporting net income after taxes and before minority interest of EGP98m on total consolidated operating revenues of ... http://www.caironews.net/index.php/sid/214715438/scat/d7006824400aaac1 Thu, 23 May 2013 09:50:28 -0400 http://www.caironews.net/index.php/sid/214715438/scat/d7006824400aaac1 ) BOD approved to extend contract of selling and buying petroleum with Egyptian General Petroleum Corporation for three years ending in 30/06/2015 with the same ... http://www.caironews.net/index.php/sid/214715439/scat/d7006824400aaac1 Thu, 23 May 2013 09:47:18 -0400 http://www.caironews.net/index.php/sid/214715439/scat/d7006824400aaac1 View Photo Reuters/Reuters - A motorcyclist carries fuel containers after filling them up from a petrol station as he passes other motorists in queue in Toukh, El-Kalubia governorate, about 25 km (16 miles) ... http://www.caironews.net/index.php/sid/214715440/scat/d7006824400aaac1 Thu, 23 May 2013 09:43:56 -0400 http://www.caironews.net/index.php/sid/214715440/scat/d7006824400aaac1 WEF: Egypt 'one of the most dangerous places on earth' Country's millions of tourism workers hit hard by poor business following political unrest "Bikinis are welcome in Egypt and booze is still being served," says tourism minister Tourist arrivals plummeted in 2011, but began picking up late last ... http://www.caironews.net/index.php/sid/214715441/scat/d7006824400aaac1 Thu, 23 May 2013 09:43:55 -0400 http://www.caironews.net/index.php/sid/214715441/scat/d7006824400aaac1 CAIRO [MENL] -- Egypt has employed negotiations and heavy military pressureto defuse an insurgency crisis in the Sinai Peninsula. The regime of President Mohammed Morsi has won the release of sevenEgyptian soldiers and security officers held in Sinai. Officials saidBedouin gunmen released the seven unharmed on May 22 in a move that halted amajor counter-insurgency ... http://www.caironews.net/index.php/sid/214715256/scat/d7006824400aaac1 Thu, 23 May 2013 09:27:00 -0400 http://www.caironews.net/index.php/sid/214715256/scat/d7006824400aaac1 The Egyptian government said on Wednesday it would supply more gas and diesel to power stations to deal with electricity shortages that have worsened in recent months after the cash-strapped country failed to import enough ... http://www.caironews.net/index.php/sid/214713762/scat/d7006824400aaac1 Thu, 23 May 2013 08:38:13 -0400 http://www.caironews.net/index.php/sid/214713762/scat/d7006824400aaac1 In a first-of-its-kind transaction in post-revolution Egypt, Crowell & Moring's Cairo office has advised the Abu Dhabi Islamic Bank-Egypt in connection with a landmark Islamic Finance facility extended to Maridive and Oil Services ... http://www.caironews.net/index.php/sid/214714044/scat/d7006824400aaac1 Thu, 23 May 2013 08:38:12 -0400 http://www.caironews.net/index.php/sid/214714044/scat/d7006824400aaac1 ) announced that Genoa Tourism Investment gained verdict against Tropi 2 Touristic Development, Amer's affiliate, that the later will pay LE 77.877.000 in addition to arbitration fees. Amer added, in a release to EGX that, it is conducting the legal procedures to annul this ... http://www.caironews.net/index.php/sid/214714045/scat/d7006824400aaac1 Thu, 23 May 2013 08:35:13 -0400 http://www.caironews.net/index.php/sid/214714045/scat/d7006824400aaac1 A Cairo court on Wednesday acquitted seven policemen of charges of killing protesters outside a police station on a day dubbed "Friday of Rage", during the uprising that toppled former President Hosni Mubarak. The public prosecution had referred the defendants to a criminal court on charges of killing one protester and attempting to kill 11 others, during the uprising. The ... http://www.caironews.net/index.php/sid/214714047/scat/d7006824400aaac1 Thu, 23 May 2013 08:09:09 -0400 http://www.caironews.net/index.php/sid/214714047/scat/d7006824400aaac1 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 airport. The authorities will hold a press ... http://www.caironews.net/index.php/sid/214714046/scat/d7006824400aaac1 Thu, 23 May 2013 08:09:09 -0400 http://www.caironews.net/index.php/sid/214714046/scat/d7006824400aaac1 The Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 22 a USD 20 million Trade Finance Line of Credit for UT Bank Ghana (UT Bank) to support the trade finance activities of Small and Medium Enterprises (SMEs) and local corporates in Ghana. As the Ghanaian economy continues to grow and diversify, there is increasing need to address critical market demand for ... http://www.caironews.net/index.php/sid/214714048/scat/d7006824400aaac1 Thu, 23 May 2013 08:09:08 -0400 http://www.caironews.net/index.php/sid/214714048/scat/d7006824400aaac1 Surprising as it may seem, the Egyptian pound has got some fans. The currency has languished for months at record lows against the dollar and the headlines arealarming the lack of an IMF aid programme, meagre hard currency reserves, political upheaval. So what's to like ? Analysts at Societe Generale say thatjust looking at the spot exchangerate of the pound is missing the bigger picture. ... http://www.caironews.net/index.php/sid/214713896/scat/d7006824400aaac1 Thu, 23 May 2013 07:53:02 -0400 http://www.caironews.net/index.php/sid/214713896/scat/d7006824400aaac1 It did not say how much currency it actually sold Egypt's central bank kept the price of the country's currency steady against the dollar at a special $800 million foreign exchange auction on Wednesday, called to help importers pay for wheat, meat, cooking oil and other essential imports.It did not say how much currency it actually sold.Egypt has used up its foreign currency reserves, ... http://www.caironews.net/index.php/sid/214712577/scat/d7006824400aaac1 Thu, 23 May 2013 07:28:02 -0400 http://www.caironews.net/index.php/sid/214712577/scat/d7006824400aaac1 ) reported financial results posting a net loss of LE 2,866,770 for the period from 01/07/2012 till 31/03/2013. Noting that, it posted net profits of LE 6,529,222 for the same period of the previous ... http://www.caironews.net/index.php/sid/214712733/scat/d7006824400aaac1 Thu, 23 May 2013 07:24:39 -0400 http://www.caironews.net/index.php/sid/214712733/scat/d7006824400aaac1 Egyptian President Mohamed Mursi urged everyone who has weapons in the Sinai Peninsula to hand them over on Wednesday, saying that only the authorities should be armed. He said, "Only the armed forces and the interior ministry should have weapons as stipulated by law." Mursi held a press conference today at Almaza Cairo Airport shortly after receiving the released security personnel ... http://www.caironews.net/index.php/sid/214712734/scat/d7006824400aaac1 Thu, 23 May 2013 06:57:01 -0400 http://www.caironews.net/index.php/sid/214712734/scat/d7006824400aaac1 Abuja - Nigeria - ECOWAS and the international community have made irreversible progress in Mali by freeing the north of the country from the grip of terrorists and securing its territorial integrity, the President of the ECOWAS Commission, His Excellency Kadre Desire Ouedraogo has affirmed. Speaking at an interactive session between management and staff of the Commission in Abuja on Friday 10th ... http://www.caironews.net/index.php/sid/214712736/scat/d7006824400aaac1 Thu, 23 May 2013 06:57:00 -0400 http://www.caironews.net/index.php/sid/214712736/scat/d7006824400aaac1 Abuja - Nigeria - The President of the ECOWAS Commission, His Excellency Kadre Desire Ouedraogo has sent a condolence message to Nigeria's President Dr. Goodluck Ebele Jonathan over the death of two Nigerian Air Force fighter-jet pilots who died while providing support to the African-led International Support Mission in Mali (AFISMA). "The death of the gallant officers is no doubt a ... http://www.caironews.net/index.php/sid/214712735/scat/d7006824400aaac1 Thu, 23 May 2013 06:56:59 -0400 http://www.caironews.net/index.php/sid/214712735/scat/d7006824400aaac1 UNHCR deliver aid to Syrian refugees in Misrata, Libya MISRATA, 23 May 2013 (IRIN) - Two years ago Syrians in the relative security of their own country watched the unfolding crisis in Libya descend into a devastating civil war. Since then the tables have turned, and many of those same families find themselves in Libya after fleeing the Syrian conflict, which has left an estimated 6.8 million ... http://www.caironews.net/index.php/sid/214711519/scat/d7006824400aaac1 Thu, 23 May 2013 06:23:43 -0400 http://www.caironews.net/index.php/sid/214711519/scat/d7006824400aaac1 ) from LE 2.463.292.315 to LE 2.433.367.315, through executing 6.025.000 treasury stocks. Noting that, the company's issued capital after reduction process will be LE 2.433.367.315, distributed over 486.673.463 shares at a nominal value of LE 5 per share (representing the 7th issue). 2- Shares will be available for trading effective on Sunday 26/05/2013 trading ... http://www.caironews.net/index.php/sid/214711520/scat/d7006824400aaac1 Thu, 23 May 2013 06:14:05 -0400 http://www.caironews.net/index.php/sid/214711520/scat/d7006824400aaac1 Abidjan - Cote d'Ivoire - Cote d'Ivoire's Minister in Charge of Defence in the Office of the President, Mr. Paul Koffi Koffi Has Urged Regional Chiefs of Defence Staff to Make Recommendations for the Seamless Transformation of the African-Led International Support Force in Mali (afisma) Into a UN Mission By July 2013 in Line With the UN Security Council Resolution 2100 of 25th ... http://www.caironews.net/index.php/sid/214711521/scat/d7006824400aaac1 Thu, 23 May 2013 05:47:57 -0400 http://www.caironews.net/index.php/sid/214711521/scat/d7006824400aaac1 - The U.S. Government, in collaboration with the Egyptian Industrial Development Authority, the Egyptian National Cleaner Production Center, and the World Environment Center, has launched a pilot project that helps small and medium-sized food processing firms to conserve energy resources and increase their use of cleaner forms of energy while improving the sustainability and competitiveness of ... http://www.caironews.net/index.php/sid/214710589/scat/d7006824400aaac1 Thu, 23 May 2013 05:06:08 -0400 http://www.caironews.net/index.php/sid/214710589/scat/d7006824400aaac1 FILE - In this Wednesday, April 28, 2010 file photo, relatives of the 26 suspected Hezbollah members, accused of plotting attacks on tourists and shipping in the Suez Canal and sending operatives and explosives to Gaza to help militant groups there, waves to prison vehicles carrying them outside Emergency State Security Court in New Cairo, Egypt. It was one of the most perplexing events of ... http://www.caironews.net/index.php/sid/214709324/scat/d7006824400aaac1 Thu, 23 May 2013 03:43:06 -0400 http://www.caironews.net/index.php/sid/214709324/scat/d7006824400aaac1 CAIRO -- It was one of the most perplexing events of Egypt's revolution: orchestrated attacks on prisons around the country that broke out more than 20,000 inmates while police were tied down with the massive popular protests that swept autocrat Hosni Mubarak from power.The prison breaks added to the chaos during the 18-day uprising in 2011, and the flood of criminals onto the streets ... http://www.caironews.net/index.php/sid/214708322/scat/d7006824400aaac1 Thu, 23 May 2013 02:57:02 -0400 http://www.caironews.net/index.php/sid/214708322/scat/d7006824400aaac1 SODIC (Sixth of October Development &Investment Company) has released its consolidated financial results for the first quarter ending 31st of March ... http://www.caironews.net/index.php/sid/214708416/scat/d7006824400aaac1 Thu, 23 May 2013 02:48:07 -0400 http://www.caironews.net/index.php/sid/214708416/scat/d7006824400aaac1 Egyptian President Mohamed Morsi appealed Wednesday to the opposition for unity, in the face of criticism he is failing the revolution that brought him to power almost a year ... http://www.caironews.net/index.php/sid/214706309/scat/d7006824400aaac1 Thu, 23 May 2013 00:31:46 -0400 http://www.caironews.net/index.php/sid/214706309/scat/d7006824400aaac1 Egypt’s central bank sold an unspecified amount of dollars after offering a record $800 million to local lenders at a currency auction to finance imports as Standard & Poor’s warned of accelerating inflation. The benchmark Eurobonds fell. The regulator, which normally offers $40 million at each auction, sold the U.S. currency at a weighted average of 6.972 pounds at its second ... http://www.caironews.net/index.php/sid/214704169/scat/d7006824400aaac1 Wed, 22 May 2013 22:14:10 -0400 http://www.caironews.net/index.php/sid/214704169/scat/d7006824400aaac1 AL-SAFF, Egypt: Hundreds of soot-stained factory chimneys dot the horizon in the industrial city of Al-Saff, south of Cairo, but only a few spew black smoke. Two years after the revolution that overthrew President Hosni Mubarak, Egyptian industry is struggling as political instability has scared off foreign investors and hit domestic confidence and the government has started slashing energy ... http://www.caironews.net/index.php/sid/214704304/scat/d7006824400aaac1 Wed, 22 May 2013 22:14:07 -0400 http://www.caironews.net/index.php/sid/214704304/scat/d7006824400aaac1 CAIRO -- Seven soldiers kidnapped last week by suspected Islamist militants in the restive Sinai were freed after a six-hour negotiation between local tribesmen and the kidnappers, the Egyptian government announced on ... http://www.caironews.net/index.php/sid/214704441/scat/d7006824400aaac1 Wed, 22 May 2013 21:55:00 -0400 http://www.caironews.net/index.php/sid/214704441/scat/d7006824400aaac1 In his first comments to the media since he was detained more than two years ago, Egypt's former President Hosni Mubarak said he is dismayed at the country's state of affairs and particularly the plight of the poor. The 85-year old Mubarak spoke to Al-Watan newspaper after a session of his retrial for his role in the killing of hundreds of protesters during the popular uprising that ... http://www.caironews.net/index.php/sid/214703298/scat/d7006824400aaac1 Wed, 22 May 2013 20:32:03 -0400 http://www.caironews.net/index.php/sid/214703298/scat/d7006824400aaac1 /enpproperty--> Seven members of the Egyptian security forces kidnapped by Islamist militants in Sinai last week were released on Wednesday, ending a crisis that has highlighted lawlessness in the desert peninsula bordering Israel. Security sources said the men were freed following talks mediated by Bedouin tribal leaders. They were handed over to the army in an area south of Rafah, a ... http://www.caironews.net/index.php/sid/214702159/scat/d7006824400aaac1 Wed, 22 May 2013 19:55:33 -0400 http://www.caironews.net/index.php/sid/214702159/scat/d7006824400aaac1 (MENAFN) The International Monetary Fund (IMF) announced that it projects Egypt's inflation rate in 2013 to rise to 10.9 percent, up from an April forecast of 8.2 percent, reported Gulf News.Nevertheless, the rate is expected to reach 11.6 percent next year, down from April's forecast of 13.7 percent, as price pressures may be slightly lower than earlier estimates.The North African ... http://www.caironews.net/index.php/sid/214700827/scat/d7006824400aaac1 Wed, 22 May 2013 18:52:03 -0400 http://www.caironews.net/index.php/sid/214700827/scat/d7006824400aaac1 (MENAFN - Khaleej Times)Egypt is reviewing its economic program as it seeks to complete long-delayed talks with the International Monetary Fund on a 4.8 billion loan, a senior IMF official said.Egypt's leaders are identifying "measures they are able to move forward with now," Masood Ahmed, head of the IMF's Middle East and Central Asia department, said in an interview in ... http://www.caironews.net/index.php/sid/214700828/scat/d7006824400aaac1 Wed, 22 May 2013 18:52:02 -0400 http://www.caironews.net/index.php/sid/214700828/scat/d7006824400aaac1 (MENAFN) The Egyptian cabinet announced that the country received around 4 million tourists between January and April, a rise of 11.8 percent from a year before, reported Arabian Business.In the period, tourism revenue jumped by 16.2 percent, reaching around USD3.4 billion.The country's tourism sector, which contributed with more than 10 percent to gross domestic product (GDP) before the ... http://www.caironews.net/index.php/sid/214700829/scat/d7006824400aaac1 Wed, 22 May 2013 18:52:01 -0400 http://www.caironews.net/index.php/sid/214700829/scat/d7006824400aaac1 Hossam Abdel Moniem, a former leading member of the Muslim Brotherhood, said that the leaders of the Egypt's ruling group are not qualified to rule the country, given that the members were once prevented from taking any executive position during the era of the Hosni Mubarak ... http://www.caironews.net/index.php/sid/214700619/scat/d7006824400aaac1 Wed, 22 May 2013 18:29:56 -0400 http://www.caironews.net/index.php/sid/214700619/scat/d7006824400aaac1 This image made from video broadcast on Egyptian State Television shows members of the Egyptian security forces after their release by kidnappers, in Cairo, Egypt, Wednesday, May 22, 2013. Six Egyptian policemen and a border guard kidnapped by suspected militants in the volatile Sinai Peninsula last week were freed by their captors Wednesday after successful mediation, the country's military ... http://www.caironews.net/index.php/sid/214699230/scat/d7006824400aaac1 Wed, 22 May 2013 17:47:35 -0400 http://www.caironews.net/index.php/sid/214699230/scat/d7006824400aaac1 CAIRO - Seven soldiers kidnapped last week by suspected Islamist militants in the restive Sinai were freed after a six-hour negotiation between local tribesmen and the kidnappers, the Egyptian government announcement Wednesday. The soldiers, who’d been held since Thursday, were taken to an air force base in Cairo, where they were greeted by Egyptian President Mohammed Morsi, who kissed ... http://www.caironews.net/index.php/sid/214699390/scat/d7006824400aaac1 Wed, 22 May 2013 17:43:28 -0400 http://www.caironews.net/index.php/sid/214699390/scat/d7006824400aaac1 CAIRO: The Egyptian government said on Wednesday it would supply more gas and diesel to power stations to deal with electricity shortages that have worsened in recent months after the cash-strapped country failed to import enough fuel. The government has set aside $200 million to finance the additional petroleum products and is in the process of approving an additional $525 million, the cabinet ... http://www.caironews.net/index.php/sid/214699147/scat/d7006824400aaac1 Wed, 22 May 2013 17:37:54 -0400 http://www.caironews.net/index.php/sid/214699147/scat/d7006824400aaac1 CAIRO--Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's ... http://www.caironews.net/index.php/sid/214696430/scat/d7006824400aaac1 Wed, 22 May 2013 15:14:50 -0400 http://www.caironews.net/index.php/sid/214696430/scat/d7006824400aaac1 Abu Dhabi, 22 May 2013 (WAM) - Seven of the Egyptian citizens detained in the UAE over a case related to security today met their family members who live in the UAE, Egyptian Ambassador Tamer Mansour said. Mansour said the families of other detainees were in Egypt. He praised the step taken by the UAE which, he said, has a great respect for Egypt and its people. "This step was possible ... http://www.caironews.net/index.php/sid/214696594/scat/d7006824400aaac1 Wed, 22 May 2013 14:45:23 -0400 http://www.caironews.net/index.php/sid/214696594/scat/d7006824400aaac1 Egyptian police who were seized in Sinai by kidnappers are seen upon their arrival at Almaza military Airbase in Cairo on May 22, 2013 following their release, as President Mohammed Morsi vowed to bring the perpetrators to justice and appealed to residents of the lawless peninsula to disarm. The conscripts, seized at gunpoint last week as they were returning from a leave of absence, arrived in ... http://www.caironews.net/index.php/sid/214694983/scat/d7006824400aaac1 Wed, 22 May 2013 14:05:05 -0400 http://www.caironews.net/index.php/sid/214694983/scat/d7006824400aaac1 : EGX administration announced that it has received a release from Misr for Clearing, Depository and Central Registry (depositary bank) stating that: 1- Cancelling of 175.680 of Orascom Development Holding - ... http://www.caironews.net/index.php/sid/214693354/scat/d7006824400aaac1 Wed, 22 May 2013 12:42:39 -0400 http://www.caironews.net/index.php/sid/214693354/scat/d7006824400aaac1 DUBAI, May 22 (Reuters) - Egyptian marine services firm Maridive and Oil Services has obtained a $150 million syndicated loan using an ijara (Islamic leasing) structure, the first of its kind in Egypt, the legal advisor on the deal said on Wednesday. The Maridive loan is considered one of the largest in the country's challenging banking sector, according to law firm Crowell & ... http://www.caironews.net/index.php/sid/214693355/scat/d7006824400aaac1 Wed, 22 May 2013 12:39:05 -0400 http://www.caironews.net/index.php/sid/214693355/scat/d7006824400aaac1 Every Friday, Maadi's residents wake up to the cacophony of motorcycles scudding down the leafy streets of this affluent Cairo suburb. Friday is the day of protests against the government after a week of toil by those fortunate to have jobs in the sinking economy.But some youths, at least, appear to be doing all right.Mohamed Sami, astride an E80,000 ($12,000) bike, professes his love for ... http://www.caironews.net/index.php/sid/214693356/scat/d7006824400aaac1 Wed, 22 May 2013 12:31:17 -0400 http://www.caironews.net/index.php/sid/214693356/scat/d7006824400aaac1 CAIRO (Reuters) - An Egyptian court sentenced four men on Wednesday to death by hanging for the 2011 killing of a Coptic Christian priest in his apartment in the southern city of Assiut, state news agency MENA ... http://www.caironews.net/index.php/sid/214693152/scat/d7006824400aaac1 Wed, 22 May 2013 12:31:07 -0400 http://www.caironews.net/index.php/sid/214693152/scat/d7006824400aaac1 "The seven security personnel have been released by their kidnappers in Sinai," military spokesman Ahmed Aly said in a statement carried by the official MENA ... http://www.caironews.net/index.php/sid/214693234/scat/d7006824400aaac1 Wed, 22 May 2013 12:22:07 -0400 http://www.caironews.net/index.php/sid/214693234/scat/d7006824400aaac1 Following the launch in March 2013 of Open Data Platforms in 30 African countries, the African Development Bank (AfDB) has launched additional data platforms in the following 10 African countries: Burkina Faso, Burundi, Central African Republic, Chad, Gabon, Mali, Madagascar, Niger, Somalia, Sudan. This brings to forty (40) the number of African countries already connected to the Open Data ... http://www.caironews.net/index.php/sid/214693357/scat/d7006824400aaac1 Wed, 22 May 2013 12:15:16 -0400 http://www.caironews.net/index.php/sid/214693357/scat/d7006824400aaac1 Cairo, May 22 (Prensa Latina) The border crossing at Rafah city, linking Egypt and Gaza, reopened today after five days of being shut down by soldiers due to the kidnapping of seven guards. The crisis involving seven members of the Egyptian security corps, kidnapped six days ago in the Sinai Peninsula, ended today in an anti-climax, their liberation achieved through the mediation of Bedouins. The ... http://www.caironews.net/index.php/sid/214691539/scat/d7006824400aaac1 Wed, 22 May 2013 11:45:07 -0400 http://www.caironews.net/index.php/sid/214691539/scat/d7006824400aaac1 First quarter profit at Egyptian property developer SODIC fell 83 percent on the back of fewer deliveries of flats and houses to buyers, but the company said that business would speed up later in the year as new residential projects come on ... http://www.caironews.net/index.php/sid/214691241/scat/d7006824400aaac1 Wed, 22 May 2013 11:34:08 -0400 http://www.caironews.net/index.php/sid/214691241/scat/d7006824400aaac1 - Egypt, the biggest wheat importer, plans to cut the state's inbound shipments of the cereal and boost local purchases to feed the Arab world's most populous nation as it tries to recover from its deepest economic slump in two decades. The government intends to buy 3 million metric tons on the international market in the 2013-14 fiscal year that starts July 1, compared with 3.4 ... http://www.caironews.net/index.php/sid/214691735/scat/d7006824400aaac1 Wed, 22 May 2013 11:30:35 -0400 http://www.caironews.net/index.php/sid/214691735/scat/d7006824400aaac1 (Adds analyst comments, black market rate, background) CAIRO, May 22 (Reuters) - Egypt's central bank kept the price of the country's currency steady against the dollar at a special $800 million foreign exchange auction on Wednesday, called to help importers pay for wheat, meat, cooking oil and other essential imports. It did not say how much currency it actually sold. Egypt ... http://www.caironews.net/index.php/sid/214691737/scat/d7006824400aaac1 Wed, 22 May 2013 11:27:10 -0400 http://www.caironews.net/index.php/sid/214691737/scat/d7006824400aaac1 A blasphemy trial against a Christian teacher in this Egyptian city renowned for its Pharaonic monuments is among a wave of cases that have Egyptian Christians worried they can be jailed for insulting Islam on the flimsiest of ... http://www.caironews.net/index.php/sid/214691544/scat/d7006824400aaac1 Wed, 22 May 2013 11:07:09 -0400 http://www.caironews.net/index.php/sid/214691544/scat/d7006824400aaac1 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 families of ... http://www.caironews.net/index.php/sid/214691738/scat/d7006824400aaac1 Wed, 22 May 2013 11:02:28 -0400 http://www.caironews.net/index.php/sid/214691738/scat/d7006824400aaac1 - Iraq rejects guarantee from Egyptian bank for payment Egypt owes country for sale of 4m bbl of oil a month, Al-Borsa reports, citing unidentified officials in Cairo-based General Petroleum Authority. Iraq asking for $1.2b guarantee from an intl bank because of deterioration in Egypt's credit ... http://www.caironews.net/index.php/sid/214690108/scat/d7006824400aaac1 Wed, 22 May 2013 10:17:50 -0400 http://www.caironews.net/index.php/sid/214690108/scat/d7006824400aaac1 Egyptian President Mohamed Morsi appealed on Wednesday to the opposition for unity, in the face of criticism he is failing the revolution that brought him to power almost a year ... http://www.caironews.net/index.php/sid/214690109/scat/d7006824400aaac1 Wed, 22 May 2013 10:12:05 -0400 http://www.caironews.net/index.php/sid/214690109/scat/d7006824400aaac1 20/03/2013 02:55 CET Seven Egyptian security officers kidnapped in Sinai last week have been released. The men arrived at a military base in Cairo on Wednesday morning where they were received by President Mohamed Mursi and government ministers. Security forces said the men were freed following talks mediated by Bedouin tribal leaders. The kidnappers had demanded the release of members of an ... http://www.caironews.net/index.php/sid/214689941/scat/d7006824400aaac1 Wed, 22 May 2013 10:04:52 -0400 http://www.caironews.net/index.php/sid/214689941/scat/d7006824400aaac1 On the Monday 20 May 2013 the Egyptian Organisation of Human Rights (EOHR) began its first training workshop for legal professionals about crimes of torture. The workshop aims to train a group of lawyers, legal professionals and researchers in how to deal with crimes of torture in order to make a positive difference. The workshop is scheduled over two days; namely, Monday 20 and Tuesday and 21 ... http://www.caironews.net/index.php/sid/214690110/scat/d7006824400aaac1 Wed, 22 May 2013 09:58:28 -0400 http://www.caironews.net/index.php/sid/214690110/scat/d7006824400aaac1 It was a stroke of luck or, as he would put it, "an intervention of life" that catapulted the 19-year-old fledging photographer Youssef Nabil from a modest family home in Cairo into David LaChapelle's studio in New York. A few years later, in 1997, he was back on foreign soil working with Mario Testino in Paris. Thus began the tug-of-war between Nabil and his homeland, which is ... http://www.caironews.net/index.php/sid/214688604/scat/d7006824400aaac1 Wed, 22 May 2013 09:18:22 -0400 http://www.caironews.net/index.php/sid/214688604/scat/d7006824400aaac1 Chevron is the second largest oil company in US Chevron Corp is in advanced talks to sell most of its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major.Chevron, the second-largest U.S. oil company, is conducting a separate sale process for its assets in both countries, the banking sources said, speaking ... http://www.caironews.net/index.php/sid/214688443/scat/d7006824400aaac1 Wed, 22 May 2013 09:03:19 -0400 http://www.caironews.net/index.php/sid/214688443/scat/d7006824400aaac1 Street vendor distributing bread in Egypt Egypt's central bank said on Tuesday it would offer $800 million to banks at an exceptional auction of foreign currency on Wednesday to cover the country's strategic import needs.The auction will be the central bank's second exceptional sale of foreign exchange. In April, it sold $600 million to pay for wheat, meat, cooking oil and other ... http://www.caironews.net/index.php/sid/214688102/scat/d7006824400aaac1 Wed, 22 May 2013 09:03:16 -0400 http://www.caironews.net/index.php/sid/214688102/scat/d7006824400aaac1 ) has released its consolidated financial results for the first quarter ending 31st of March 2013. SODIC reported a net consolidated profit of EGP 6 mln (Q1 2012 net profit of EGP 35 mln) on consolidated revenues of EGP 130 mln (Q1 2012 revenues of EGP 312 million) . The drop in revenues y-o-y is attributable to the reduced deliveries during the quarter. The relatively low deliveries during the ... http://www.caironews.net/index.php/sid/214688606/scat/d7006824400aaac1 Wed, 22 May 2013 08:59:56 -0400 http://www.caironews.net/index.php/sid/214688606/scat/d7006824400aaac1 Minister of Petroleum and Mineral Wealth Sherif Hadara asserted on Monday 20/5/2013 that the ministry has no definite figures on future energy consumption and there is not either a comprehensive energy plan for what should be achieved over the coming years. However, the minister said that a new energy body will be formed to work out this plan and draw the features of development in Egypt over the ... http://www.caironews.net/index.php/sid/214688605/scat/d7006824400aaac1 Wed, 22 May 2013 08:59:56 -0400 http://www.caironews.net/index.php/sid/214688605/scat/d7006824400aaac1 The seven soldiers were kidnapped last Thursday in the Sinai Peninsula They are now free and heading back to the capital, Cairo, a military spokesman says Military intelligence services and Sinai residents cooperated to secure their release, he ... http://www.caironews.net/index.php/sid/214688406/scat/d7006824400aaac1 Wed, 22 May 2013 08:58:18 -0400 http://www.caironews.net/index.php/sid/214688406/scat/d7006824400aaac1 CAIRO ... http://www.caironews.net/index.php/sid/214687958/scat/d7006824400aaac1 Wed, 22 May 2013 08:39:51 -0400 http://www.caironews.net/index.php/sid/214687958/scat/d7006824400aaac1 Excerpts:Egyptian depression most severe since 1930s 17 May 2013 +++SOURCE: Egypt Daily News 17 ... http://www.caironews.net/index.php/sid/214688133/scat/d7006824400aaac1 Wed, 22 May 2013 08:32:58 -0400 http://www.caironews.net/index.php/sid/214688133/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214687201/scat/d7006824400aaac1 Wed, 22 May 2013 07:52:22 -0400 http://www.caironews.net/index.php/sid/214687201/scat/d7006824400aaac1 Growing consumer demand for mobile connectivity in Egypt has resulted in a new agreement between Mobinil and Ericsson whereby Ericsson will modernize Mobinil's ... http://www.caironews.net/index.php/sid/214687046/scat/d7006824400aaac1 Wed, 22 May 2013 07:49:01 -0400 http://www.caironews.net/index.php/sid/214687046/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214687202/scat/d7006824400aaac1 Wed, 22 May 2013 07:21:47 -0400 http://www.caironews.net/index.php/sid/214687202/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214685969/scat/d7006824400aaac1 Wed, 22 May 2013 06:43:29 -0400 http://www.caironews.net/index.php/sid/214685969/scat/d7006824400aaac1 ) 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 ... http://www.caironews.net/index.php/sid/214685970/scat/d7006824400aaac1 Wed, 22 May 2013 06:40:17 -0400 http://www.caironews.net/index.php/sid/214685970/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214685971/scat/d7006824400aaac1 Wed, 22 May 2013 06:36:41 -0400 http://www.caironews.net/index.php/sid/214685971/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214685972/scat/d7006824400aaac1 Wed, 22 May 2013 06:36:40 -0400 http://www.caironews.net/index.php/sid/214685972/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214685829/scat/d7006824400aaac1 Wed, 22 May 2013 06:22:55 -0400 http://www.caironews.net/index.php/sid/214685829/scat/d7006824400aaac1 Egypt has reopened the Gaza border crossing after Sinai militants released three Egyptian policemen and four soldiers kidnapped five days ... http://www.caironews.net/index.php/sid/214684998/scat/d7006824400aaac1 Wed, 22 May 2013 05:48:34 -0400 http://www.caironews.net/index.php/sid/214684998/scat/d7006824400aaac1 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, ... http://www.caironews.net/index.php/sid/214684889/scat/d7006824400aaac1 Wed, 22 May 2013 05:39:08 -0400 http://www.caironews.net/index.php/sid/214684889/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214684890/scat/d7006824400aaac1 Wed, 22 May 2013 05:38:38 -0400 http://www.caironews.net/index.php/sid/214684890/scat/d7006824400aaac1 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 ... http://www.caironews.net/index.php/sid/214685001/scat/d7006824400aaac1 Wed, 22 May 2013 05:28:51 -0400 http://www.caironews.net/index.php/sid/214685001/scat/d7006824400aaac1