ALL NEWS

12 Apr 2015

Unstable, rainy weather to continue through Sunday

Egypt's weather will be more stable Monday, say meteorologists

Weather swings, instability and rain will continue through Sunday, with moderate weather returning Monday, Wahid Saudi, spokesperson for the Egyptian Meteorological Authority (EMA), told Al-Ahram's Arabic news website.

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12 Apr 2015

US concern for Egyptian-American activist rings hollow, say critics

He was once a brawny, American college student who campaigned for President Barack Obama. Today, he's a frail and emaciated prisoner condemned to life in an Egyptian jail.


The sentencing of Egyptian-American activist Mohammed Soltan on Saturday to life in prison on a raft of terror-related charges has been condemned"......

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12 Apr 2015

World Bank provides $400m towards supporting 1.5 million Egyptian families

The World Bank’s Board of Executive Directors approved $400m to support 1.5 million Egyptian families in poverty through aiding the Egyptian government’s social safety nets project entitled “Solidarity and Dignity” (Takafol w Karama).


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12 Apr 2015

Imports of Ramadan lanterns banned: Abdel Nour

A decision to stop the importation of Ramadan lanterns (known as Fawanees) was taken by Minister of Industry and Foreign Trade, Mounir Fakhry Abdel Nour.


This decision is considered to be a turning point for a country that has been mainly depending on purchasing a locally favoured heritage for years from abroad.

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12 Apr 2015

Hotel occupancy rates rose prior to Easter holiday: Tourism workers

The hotel occupancy rates in various tourist areas have increased two days before the Easter “Sham El-Nessim” holiday with Europeans and Egyptians, according to Chairman of the Tourism Committee at the Egyptian Businessmen Association (EBA), Ahmed Balbaa.


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12 Apr 2015

45% decrease in non-tax revenues during 8 months

Non-tax revenues have decreased to EGP 58.2bn during the period of July to February in the current fiscal year (FY) 2014/2015, compared to EGP 105.4bn during the same period last FY, with a decrease rate of 45%, according to a Ministry of Finance monthly report.


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12 Apr 2015

Egypt and Saudi Top Defence Officials Discuss Yemen - State Agency

The Egyptian and Saudi defence ministers discussed Egypt's participation in the Saudi-led coalition carrying out military operations in Yemen in talks late on Thursday, Egypt's state news agency said.


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12 Apr 2015

H5N1 avian influenza outbreak in Egypt prompts CDC travel advisory

The Centers for Disease Control and Prevention (CDC) on Friday advised travelers to Egypt to protect themselves from H5N1 avian influenza by avoiding contact with wild birds, live or uncooked poultry, and body fluids from birds and poultry in light of the record numbers of human cases reported"...

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12 Apr 2015

Obama green lights weapons sales to Egypt, Pakistan

The US government will sell advanced weapons systems to Egypt and Pakistan this week, according to statements issued from the White House and the Pentagon.


An initial transfer of some $60 million worth of Hellfire II missiles to Egypt will mark the beginning of new US efforts to “modernize” Egypt’s"......

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12 Apr 2015

MENA M&A Market Started the Year 2015 on a Positive Note

The MENA M&A market depicted a steady activity during 1Q2015, prolonging its 9-month positive performance. Despite depressed oil prices and the regional political turmoil which have resulted in a slower transaction market during last months, recent strength reflects the investor confidence"...

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