78 disputes with investors resolved in 2 months
CAIRO: Around 78 disputes with investors were resolved by the Committee on Dispute Settlement (CDS) in two months, Minister of Investment Ashraf Salman said in a Monday conference. Among Egypt’s...
View ArticleResults of first round of elections Wednesday or Thursday: HEC
CAIRO: The results of the first round of the parliamentary elections will be announced Wednesday or Thursday, spokesperson of the High Elections Commission (HEC) Omar Marwan said in a statement....
View ArticleJoint gov’t-private sector investments $15 billion: Prime Minister
CAIRO: Joint investments of the government and the private sector amount to $15 billion, Minister of Finance Hany Demian said in a Monday conference on behalf of Prime Minister Sherif Ismail. Ministers...
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Morgan Freeman in Egypt for ‘Story of God’
CAIRO: Minister of Tourism Hisham Zazou will meet with famed U.S. actor Morgan Freeman, who is in Egypt for a documentary, at the pyramids in an effort to promote tourism, according to a Monday...
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Egyptians with disabilities note ‘accommodations’ in 2015 parliament voting
CAIRO: Wheel chairs, social assistants and polling stations on ground floors are among “positive” features spotted by people with disabilities during parliament elections, according to interviews...
View ArticleSaudi Arabia hajj disaster death toll at least 2,177
DUBAI, United Arab Emirates — The crush and stampede that struck the hajj last month in Saudi Arabia killed at least 2,177 pilgrims, a new Associated Press tally showed Monday, after officials in the...
View Article‘For the Love of Egypt’ electoral list wins by landslide: initial results
CAIRO: Initial results of the first phase of Egypt’s parliamentary elections indicate a landslide victory of the “For the Love of Egypt’ electoral list,” according to reports by several media outlets....
View Article2 women qualified for runoffs in Egypt parliament elections
CAIRO: Two female candidates, among the 112 contested in Egypt’s 2015 parliamentary elections, have qualified for runoffs so far, Al-Ahram reported. Nermin Badrawi, a parliament candidate who ran for...
View ArticleColumnist says Egyptians prefer porn to politics
CAIRO: The apathy of voters towards Egypt’s parliamentary election is because people are fixated on pornography rather than politics, a popular Egyptian newspaper columnist says. Dandarawy al-Hawary,...
View ArticleMoody’s: Delayed oil price recovery could weigh on GCC sovereign credit profiles
FRANKFURT: With oil prices expected to stay lower for longer, GCC governments’ fiscal and current account balances will remain under pressure, says Moody’s Investors Service in a report published...
View ArticleFM partakes in OSCE conference on regional challenges
CAIRO: Egyptian Foreign Minister Sameh Shoukry has arrived in Amman to attend a two-day conference of Organization for Security and Co-operation in Europe (OSCE) that kicked off Tuesday on the security...
View ArticleEgypt targets 360B EGP domestic investments in FY2015/16: Minister
CAIRO: Egypt’ s government is targeting 360 billion EGP ($44.83 billion) domestic investments during fiscal year 2015-2016 (to end June 30,) to achieve 5 to 5.5 percent economic growth, Investment...
View ArticleEgypt central bank holds pound steady at 7.93/dollar at FX auction
CAIRO: The Central Bank of Egypt (CBE) kept the pound steady at 7.93 per dollar in a foreign exchange (FX) auction on Tuesday, after two consecutive depreciation of 0.10 EGP on Sunday and Thursday,...
View ArticleHayatou visits Cairo for consultation on FIFA presidency elections
CAIRO: The President of the Confederation of African Football (CAF) and acting FIFA President Issa Hayatou will arrive in Egypt to take part in the CAF Executive Committee meeting, slated to be held in...
View ArticleVideo: Gov’t must undertake reforms in light of oil price drop: IMF
CAIRO: The current fiscal buffers and measures undertaken by governments in response to plummeting oil prices are “inadequate,” and further reforms must be considered, International Monetary Fund...
View ArticlePR: The European Union celebrates youth entrepreneurs in the MENA region
SHARM AL SHIEKH: Recognizing the importance of youth socio-economic empowerment in the Middle East and North Africa (MENA) region, the European Union (EU) has supported Youth Entrepreneurship Project...
View ArticleCanada’s Trudeau topples PM Harper in shock election win
MONTREAL/CALGARY, Canada: Canada’s Liberal leader Justin Trudeau rode a late surge to a stunning majority election victory on Monday, toppling Prime Minister Stephen Harper’s Conservatives with a...
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Deceased parliamentary candidate obtains 386 votes in Minya
CAIRO: A candidate who died two weeks before the parliamentary elections’ first phase obtained 386 votes in a polling station in Minya, Youm7 reported Tuesday. Officials from the High Elections...
View ArticleSaudi rights activists sentenced to years in prison -Amnesty
RIYADH: A terrorism tribunal in Saudi Arabia, which was elected to the U.N. Human Rights Council in 2013, has sentenced two political activists to decade-long prison terms for establishing a rights...
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