Zawya.com - Egypt Top Stories http://www.zawya.com/top-stories/rss/egypt/ en-us Copyright 2014 Zawya Ltd. All rights reserved. Wed, 26 Nov 2014 12:24:56 GMT 100 Zawya.com | Middle East Business News and Company Directory 144 76 http://www.zawya.com//top-stories/rss/egypt/ http://www.zawya.com/images/newsletter_zawya_logo.gif HSBC to refund Mideast, Africa customers for excessive fees http://www.zawya.com/story/HSBC_to_refund_Mideast_Africa_customers_for_excessive_fees-TR20141126nL6N0TE2HAX2/ HSBC will refund customers across five countries in the Middle East and North Africa for charging them excessive foreign currency fees on debit and credit card transactions. Wed, 26 Nov 2014 12:28:39 GMT Reuters TR20141126nL6N0TE2HAX2 Subscription Egypt opens Rafah crossing to stranded Palestinians bound for Gaza http://www.zawya.com/story/Egypt_opens_Rafah_crossing_to_stranded_Palestinians_bound_for_Gaza-TR20141126nL6N0TG1INX2/ Egypt opened the Rafah border crossing to allow thousands of stranded Palestinians to return to Gaza but the frontier will remain closed to traffic going the other way, Palestinian and Egyptian border officials said. Wed, 26 Nov 2014 11:40:12 GMT Reuters TR20141126nL6N0TG1INX2 Open IMF mission welcomes Egypt reforms, urges flexible exchange rate http://www.zawya.com/story/IMF_mission_welcomes_Egypt_reforms_urges_flexible_exchange_rate-TR20141126nL6N0TG136X2/ Egyptian economic reforms have begun to turn the economy around after years of turmoil but the government must allow greater exchange rate flexibility to boost growth more, the International Monetary Fund said. Wed, 26 Nov 2014 10:49:19 GMT Reuters TR20141126nL6N0TG136X2 Open Kellogg tops Abraaj offer for Egypt's Bisco Misr http://www.zawya.com/story/Kellogg_tops_Abraaj_offer_for_Egypts_Bisco_Misr-TR20141126nL6N0TG0S6X2/ Kellogg Co, the world's biggest breakfast cereal maker, has offered 908.5 million Egyptian pounds ($127 million) for Egyptian cake and biscuit maker Bisco Misr, setting up a likely bidding war with a UAE investment company. Wed, 26 Nov 2014 09:04:20 GMT Reuters TR20141126nL6N0TG0S6X2 Subscription Cyprus eyes gas exports to Egypt via pipeline http://www.zawya.com/story/Cyprus_eyes_gas_exports_to_Egypt_via_pipeline-TR20141125nL6N0TF2U9X2/ Cyprus and Egypt agreed to accelerate talks on the potential export of Cypriot gas to Egypt, once the resources come on line. Wed, 26 Nov 2014 04:56:56 GMT Reuters TR20141125nL6N0TF2U9X2 Open Egyptian court lowers penalty for Mubarak-era steel tycoon http://www.zawya.com/story/Egyptian_court_lowers_penalty_for_Mubarakera_steel_tycoon-TR20141125nL6N0TF3XZX2/ An Egyptian appeals court lowered a fine levied against an Egyptian steel tycoon for monopolistic practices, judicial sources said Wed, 26 Nov 2014 04:42:18 GMT Reuters TR20141125nL6N0TF3XZX2 Open Egypt and UN to expand food aid in fight against child labour http://www.zawya.com/story/Egypt_and_UN_to_expand_food_aid_in_fight_against_child_labour-TR20141125nL6N0TF3V5X2/ The program helps poor families keep their children in school and out of the workforce. Wed, 26 Nov 2014 04:40:30 GMT Reuters TR20141125nL6N0TF3V5X2 Open Al-Futtaim to invest USD700m in Egypt after dispute settled http://www.zawya.com/story/AlFuttaim_to_invest_USD700m_in_Egypt_after_dispute_settled-TR20141125nL6N0TF30HX2/ Dubai-based conglomerate Al-Futtaim Group said it would invest USD 700 million in Egypt over three years and pay the government USD 30.5 million as part of a settlement reached last week over a long-standing land sale dispute. Wed, 26 Nov 2014 04:18:03 GMT Reuters TR20141125nL6N0TF30HX2 Open Egypt central bank seen keeping rates on hold amid nascent recovery http://www.zawya.com/story/Egypt_central_bank_seen_keeping_rates_on_hold_amid_nascent_recovery-TR20141125nL6N0TF3ICX2/ Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure continues to ease and policymakers seek to avoid stifling a nascent economic recovery in the most populous Arab nation. Wed, 26 Nov 2014 04:17:05 GMT Reuters TR20141125nL6N0TF3ICX2 Open Mobinil may reject Egypt's landline licence-CEO http://www.zawya.com/story/Mobinil_may_reject_Egypts_landline_licenceCEO-ZAWYA20141125122244/ Egyptian mobile telecoms firm Mobinil said it might reject the government's offer of a landline services licence unless it is allowed to build its own fixed-line infrastructure. Tue, 25 Nov 2014 12:24:43 GMT Reuters ZAWYA20141125122244 Open At least 18 killed in Cairo building collapse http://www.zawya.com/story/At_least_18_killed_in_Cairo_building_collapse-TR20141125nL6N0TF1SVX2/ An eight-floor residential building collapsed overnight in Cairo, killing at least 18 people and injuring seven others, security sources said, adding that the casualty figure was expected to rise. Tue, 25 Nov 2014 12:21:21 GMT Reuters TR20141125nL6N0TF1SVX2 Open Pirelli signs MOU with Egypt for plant expansion http://www.zawya.com/story/Pirelli_signs_MOU_with_Egypt_for_plant_expansion-TR20141125nI6N0T001LX3/ Italian tyremaker Pirelli said on Tuesday it had signed a memorandum of understanding with Egyptian authorities for a possible expansion of a tyre plant in Alexandria. Tue, 25 Nov 2014 11:39:50 GMT Reuters TR20141125nI6N0T001LX3 Subscription Vodafone Egypt, 7 banks to ink EGP4bn credit facility contract http://www.zawya.com/story/Vodafone_Egypt_7_banks_to_ink_EGP4bn_credit_facility_contract-ZAWYA20141125065342/ Vodafone Egypt signs today credit facility contract worth EGP4 billion with 7 Egyptian banks, to cover its needs in developing mobile phone network and improving services,and may allocate part of loan to go for financing the unified licence. Tue, 25 Nov 2014 08:32:19 GMT Amwal Alghad ZAWYA20141125065342 Open UAE fund to provide USD200m in loans to microfinance projects in Egypt http://www.zawya.com/story/UAE_fund_to_provide_USD200m_in_loans_to_microfinance_projects_in_Egypt-TR20141124nL6N0TE2BXX2/ A UAE state investment fund said it would provide USD 200 million in loans for microfinance projects in Egypt, a move it said would create more than 120,000 jobs by 2020. Tue, 25 Nov 2014 05:55:10 GMT Reuters TR20141124nL6N0TE2BXX2 Open Soccer-Egypt coach Gharib not offered new contract http://www.zawya.com/story/SoccerEgypt_coach_Gharib_not_offered_new_contract-TR20141124nL3N0TE4L4X2/ Egypt coach Shawky Gharib has left his post having not been offered a new contract after failing to steer the country to the 2015 African Nations Cup, the Egyptian FA (EFA) said. Tue, 25 Nov 2014 05:50:59 GMT Reuters TR20141124nL3N0TE4L4X2 Open Egypt aims to renegotiate Suez Canal container port deal http://www.zawya.com/story/Egypt_aims_to_renegotiate_Suez_Canal_container_port_deal-ZAWYA20141124134417/ Egypt is trying to renegotiate an extension of an agreement worth USD 1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal. Mon, 24 Nov 2014 13:46:02 GMT Reuters ZAWYA20141124134417 Open Egypt's Amer Group to split into two companies http://www.zawya.com/story/Egypts_Amer_Group_to_split_into_two_companies-ZAWYA20141124075811/ Egypt's leading real estate firm Amer Group said the extraordinary general meeting approved splitting the firm into two companies. Mon, 24 Nov 2014 09:30:33 GMT Amwal Alghad ZAWYA20141124075811 Open Egyptian president to meet Pope Francis http://www.zawya.com/story/Egyptian_president_to_meet_Pope_Francis-ZAWYA20141124080335/ It will be the first visit to the Vatican by an Egyptian leader in eight years. Mon, 24 Nov 2014 09:28:54 GMT Amwal Alghad ZAWYA20141124080335 Open Egypt economic summit set for March 13-PM http://www.zawya.com/story/Egypt_economic_summit_set_for_March_13PM-ZAWYA20141124080208/ A major economic summit aimed at encouraging international investment in Egypt will be held 13 March for three days in the resort town of Sharm El-Sheikh, Prime Minister Ibrahim Mahlab announced. Mon, 24 Nov 2014 09:27:48 GMT Amwal Alghad ZAWYA20141124080208 Open Egypt could send troops to a Palestinian state to help out -paper http://www.zawya.com/story/Egypt_could_send_troops_to_a_Palestinian_state_to_help_out_paper-TR20141123nL6N0TD0GHX2/ Egypt would be ready to lend a hand in securing a future Palestinian state by sending in troops that could help out local police and offer Israel security guarantees, Egyptian President Abdel Fattah al-Sisi said. Mon, 24 Nov 2014 05:35:29 GMT Reuters TR20141123nL6N0TD0GHX2 Open UAE's Abraaj says raises offer price for Egypt's Bisco Misr http://www.zawya.com/story/UAEs_Abraaj_says_raises_offer_price_for_Egypts_Bisco_Misr-TR20141123nL6N0TD0JNX3/ Abraaj is now offering EGP 79.10 (USD 11.06) a share for a total purchase price of EGP 909.65 million. Mon, 24 Nov 2014 05:33:37 GMT Reuters TR20141123nL6N0TD0JNX3 Subscription Pregnant Egyptian woman dies of H1N1 swine flu - health ministry http://www.zawya.com/story/Pregnant_Egyptian_woman_dies_of_H1N1_swine_flu__health_ministry-TR20141123nL6N0TD0LSX3/ An Egyptian woman who was six months pregnant has died of H1N1 swine flu, five days after being admitted to hospital, a health ministry spokesman said on Sunday. Mon, 24 Nov 2014 05:20:59 GMT Reuters TR20141123nL6N0TD0LSX3 Open Egypt to reclaim undeveloped land for agriculture http://www.zawya.com/story/Egypt_to_reclaim_undeveloped_land_for_agriculture-ZAWYA20141121133443/ The government plans to cultivate four million feddans of land outside the Nile Valley. Sun, 23 Nov 2014 06:32:17 GMT Al Ahram Weekly ZAWYA20141121133443 Open Egypt closes schools in Sinai towns as area inches towards open war http://www.zawya.com/story/Egypt_closes_schools_in_Sinai_towns_as_area_inches_towards_open_war-TR20141121nL6N0TA4ILX2/ Egypt has indefinitely shut schools in two border towns in northern Sinai as the army prepares to intensify a battle with Islamist militants that turned the daily trip to lessons into a "journey of death". Fri, 21 Nov 2014 10:23:57 GMT Reuters TR20141121nL6N0TA4ILX2 Open Terror threats push Algeria, Egypt closer http://www.zawya.com/story/Terror_threats_push_Algeria_Egypt_closer-ZAWYA20141121043402/ The outlines of an Algerian-Egyptian alliance are starting to take shape against the backdrop of closer political and security relations between the two countries. Fri, 21 Nov 2014 09:47:52 GMT Magharebia.com ZAWYA20141121043402 Open National Bank of Egypt approves 1066 low-income mortgage finance so far http://www.zawya.com/story/National_Bank_of_Egypt_approves_1066_lowincome_mortgage_finance_so_far-ZAWYA20141121044241/ As pursuant to the central bank's initiative, the National Bank of Egypt has approved so far 1066 low-income mortgage finance requests out of 1820. Fri, 21 Nov 2014 09:46:32 GMT Amwal Alghad ZAWYA20141121044241 Open Doctor, dead girl's father acquitted in Egypt's first FGM trial http://www.zawya.com/story/Doctor_dead_girls_father_acquitted_in_Egypts_first_FGM_trial-TR20141120nL6N0TA3CKX2/ A doctor being tried on charges of female genital mutilation (FGM) was acquitted on Thursday, ending Egypt's first trial of its kind, a rights group said. Fri, 21 Nov 2014 08:28:16 GMT Reuters TR20141120nL6N0TA3CKX2 Open Egypt's Sisi says pardon for Al Jazeera journalists "being discussed" http://www.zawya.com/story/Egypts_Sisi_says_pardon_for_Al_Jazeera_journalists_being_discussed-TR20141121nL6N0TA440X2/ Egyptian President Abdel Fattah al-Sisi suggested he was considering pardoning journalists of the Qatar-based Al Jazeera television station jailed in his country for nearly a year on charges of aiding a "terrorist organisation". Fri, 21 Nov 2014 06:55:00 GMT Reuters TR20141121nL6N0TA440X2 Open Jordan arrests deputy head of Muslim Brotherhood for criticising UAE http://www.zawya.com/story/Jordan_arrests_deputy_head_of_Muslim_Brotherhood_for_criticising_UAE-TR20141121nL6N0TA682X3/ Jordan arrested the deputy head of the country's Muslim Brotherhood on Thursday for criticising the UAE's move to designate the Islamist political movement and its local affiliates a terrorist group, official sources said. Fri, 21 Nov 2014 06:47:42 GMT Reuters TR20141121nL6N0TA682X3 Open Egypt arrests Brotherhood leader as crackdown intensifies http://www.zawya.com/story/Egypt_arrests_Brotherhood_leader_as_crackdown_intensifies-TR20141120nL6N0TA1TDX2/ Egyptian police arrested Mohamed Ali Bishr, one of the few Muslim Brotherhood leaders to escape jail after last year's overthrow of Islamist President Mohamed Mursi. Thu, 20 Nov 2014 11:42:24 GMT Reuters TR20141120nL6N0TA1TDX2 Open Closing of Egypt's Rafah crossing leaves thousands of Gazans stranded http://www.zawya.com/story/Closing_of_Egypts_Rafah_crossing_leaves_thousands_of_Gazans_stranded-TR20141120nL6N0T72L0X2/ Egypt closed Rafah, the only crossing point between Egypt and the Palestinian territory, on Oct. 25 after attacks by Islamist militants. Thu, 20 Nov 2014 11:41:14 GMT Reuters TR20141120nL6N0T72L0X2 Open Egypt expects new African trade bloc in Dec-minister http://www.zawya.com/story/Egypt_expects_new_African_trade_bloc_in_Decminister-ZAWYA20141120040532/ The new trade bloc will unite markets worth 58% of Africa's economic activity. Thu, 20 Nov 2014 04:12:05 GMT Reuters ZAWYA20141120040532 Open Egypt says it detains Nusra fighter returning from Syria http://www.zawya.com/story/Egypt_says_it_detains_Nusra_fighter_returning_from_Syria-TR20141119nL6N0T954AX2/ Egypt's interior ministry said it had arrested an Egyptian militant who had returned from fighting in Syria with a group linked to the al Qaeda affiliate Nusra Front in order to train Egyptians in bombmaking. Thu, 20 Nov 2014 03:51:33 GMT Reuters TR20141119nL6N0T954AX2 Open Egypt welcomes Saudi call to mend ties with Qatar http://www.zawya.com/story/Egypt_welcomes_Saudi_call_to_mend_ties_with_Qatar-TR20141119nL6N0T93AFX2/ Egypt welcomed a Saudi call to back an agreement among Gulf states that ended an eight-month dispute over Qatar's support for the Muslim Brotherhood and promotion of Arab Spring revolts. Thu, 20 Nov 2014 03:38:40 GMT Reuters TR20141119nL6N0T93AFX2 Open Egypt says it resolves land dispute with Dubai's Al-Futtaim http://www.zawya.com/story/Egypt_says_it_resolves_land_dispute_with_Dubais_AlFuttaim-TR20141119nL6N0T94TIX2/ Egypt said it had resolved a long-standing dispute over a land sale with Dubai-based conglomerate Al Futtaim Group. Thu, 20 Nov 2014 03:30:51 GMT Reuters TR20141119nL6N0T94TIX2 Open Egyptian police fire tear gas, arrest 25 people commemorating 2011 protests http://www.zawya.com/story/Egyptian_police_fire_tear_gas_arrest_25_people_commemorating_2011_protests-TR20141119nL6N0T94YHX2/ Police fired tear gas and arrested 25 people on Wednesday in central Cairo where hundreds had gathered to commemorate dozens of protesters killed by security forces in 2011. Thu, 20 Nov 2014 03:25:38 GMT Reuters TR20141119nL6N0T94YHX2 Open Saudi King calls on Egypt to back Gulf accord http://www.zawya.com/story/Saudi_King_calls_on_Egypt_to_back_Gulf_accord-TR20141119nL6N0T928IX2/ Saudi King Abdullah called on Egypt to back an agreement between Gulf states that ended an eight-month dispute over Qatar's backing of Islamist movements. Wed, 19 Nov 2014 11:11:14 GMT Reuters TR20141119nL6N0T928IX2 Open Clashes near Egypt's border with Gaza kill 10 civilians http://www.zawya.com/story/Clashes_near_Egypts_border_with_Gaza_kill_10_civilians-TR20141119nL6N0T919KX2/ Ten civilians were killed overnight during fighting between the army and Islamist militants near Egypt's border with Gaza, where the military has launched a crackdown in recent weeks. Wed, 19 Nov 2014 09:57:30 GMT Reuters TR20141119nL6N0T919KX2 Open Egyptian woman dies of bird flu, second death in two days http://www.zawya.com/story/Egyptian_woman_dies_of_bird_flu_second_death_in_two_days-TR20141119nL6N0T85TRX2/ An Egyptian woman died on Tuesday of H5N1 bird flu after coming into contact with infected birds, the second death from the disease in two days and the third in the country this year, a health ministry statement said. Wed, 19 Nov 2014 08:26:39 GMT Reuters TR20141119nL6N0T85TRX2 Open Egypt praises UAE terrorist designation list http://www.zawya.com/story/Egypt_praises_UAE_terrorist_designation_list-GN_18112014_191149/ Egyptian political parties lauded the decision by the UAE to add a number of terrorist organisations, including the Muslim Brotherhood and its local affiliates, on its black list of terrorist organisations that pose a threat to the Arab community. Wed, 19 Nov 2014 05:40:47 GMT Gulf News GN_18112014_191149 Open UAE's Abraaj gets go-ahead on Bisco Misr acquisition http://www.zawya.com/story/UAEs_Abraaj_gets_goahead_on_Bisco_Misr_acquisition-TR20141118nL6N0T82OUX2/ UAE-based Abraaj Investment Management has won regulatory clearance for its 850 million Egyptian pound ($119 million) offer for Bisco Misr BISM.CA , one of Egypt's main producers of cakes and biscuits Tue, 18 Nov 2014 12:37:08 GMT Reuters TR20141118nL6N0T82OUX2 Subscription Egyptian woman dies of bird flu, second death in 2014-ministry http://www.zawya.com/story/Egyptian_woman_dies_of_bird_flu_second_death_in_2014ministry-TR20141117nL6N0T73IXX2/ An Egyptian woman died on Monday of H5N1 bird flu after coming into contact with infected birds, the second death from the disease this year, a health ministry spokesman told Reuters. Tue, 18 Nov 2014 04:50:02 GMT Reuters TR20141117nL6N0T73IXX2 Open Egypt to deepen buffer zone with Gaza after finding longer tunnels http://www.zawya.com/story/Egypt_to_deepen_buffer_zone_with_Gaza_after_finding_longer_tunnels-TR20141117nL6N0T73E6X2/ Egypt will double to one kilometre the depth of a security buffer zone it is clearing on its border with the Gaza Strip. Tue, 18 Nov 2014 04:49:09 GMT Reuters TR20141117nL6N0T73E6X2 Open Egypt spent USD3bn on fuel subsidies in the first quarter -official http://www.zawya.com/story/Egypt_spent_USD3bn_on_fuel_subsidies_in_the_first_quarter_official-TR20141117nL6N0T73M7X2/ Egypt spent 22 billion Egyptian pounds(USD 3.08 billion) on fuel subsidies in the first quarter of fiscal year 2014-2015, down 29% from the same quarter a year ago, an oil ministry official said Tue, 18 Nov 2014 04:21:56 GMT Reuters TR20141117nL6N0T73M7X2 Open Islamist group rejects UAE terrorism designation http://www.zawya.com/story/Islamist_group_rejects_UAE_terrorism_designation-TR20141117nL6N0T718DX2/ A group of Islamist scholars led by an influential Qatar-based cleric expressed "astonishment" on Monday that their organisation had being designated a terrorist group by the United Arab Emirates (UAE). Mon, 17 Nov 2014 10:04:46 GMT Reuters TR20141117nL6N0T718DX2 Open Egypt allocates EGP8bn to expand main road network http://www.zawya.com/story/Egypt_allocates_EGP8bn_to_expand_main_road_network-ZAWYA20141117062908/ Transportation ministry will use these funds to develop 365 km of the current road network, add a second direction for 450 km of one-way roads, to accommodate more traffic and limit accidents. Mon, 17 Nov 2014 08:10:13 GMT Amwal Alghad ZAWYA20141117062908 Open Egypt's unemployment remains high at 13.1% in Q3 2014- CAPMAS http://www.zawya.com/story/Egypts_unemployment_remains_high_at_131_in_Q3_2014_CAPMAS-ZAWYA20141117062821/ Egypt's unemployment rate shrank slightly in Q3 2014 by 0.2% to 13.1%, state-run statistics body CAPMAS announced, with 3.6 million unemployed nationwide. Mon, 17 Nov 2014 07:16:32 GMT Amwal Alghad ZAWYA20141117062821 Open Egypt's housing ministry to roll out 20,000 units by January http://www.zawya.com/story/Egypts_housing_ministry_to_roll_out_20000_units_by_January-ZAWYA20141117062411/ Egyptian housing minister Mostafa Madbouly said that 20,000 social housing units will be rolled out by next January in 24 governorates. Mon, 17 Nov 2014 07:10:03 GMT Amwal Alghad ZAWYA20141117062411 Open Egypt's Arab Contractors to expand business in sub-Sahara African countries http://www.zawya.com/story/Egypts_Arab_Contractors_to_expand_business_in_subSahara_African_countries-ZAWYA20141117062504/ Egypt's leading construction firm, Arab Contractors aims to double its businesses in Equatorial Guinea and Nigeria to USD 3 billion by end of 2016 carrying out a number of new projects. Mon, 17 Nov 2014 06:53:54 GMT Amwal Alghad ZAWYA20141117062504 Open Source of success:Egypt's Qalaa Holdings http://www.zawya.com/story/Source_of_successEgypts_Qalaa_Holdings-ZAWYA20141116090436/ Qalaa Holdings discusses how consolidation has led to transformation and growth within the company Sun, 16 Nov 2014 09:11:12 GMT FinanceME ZAWYA20141116090436 Open Egypt's Orascom reports Q3 net loss of EGP72.6m http://www.zawya.com/story/Egypts_Orascom_reports_Q3_net_loss_of_EGP726m-TR20141116nL6N0T608AX3/ Egypt's Orascom Telecom reported a net loss of EGP 72.6 million (USD 10.2 million) in the third quarter, compared with a loss of EGP 248.3 million a year ago, the company said. Sun, 16 Nov 2014 08:47:40 GMT Reuters TR20141116nL6N0T608AX3 Open Number of tourists to Egypt rises in Sept http://www.zawya.com/story/Number_of_tourists_to_Egypt_rises_in_Sept-ZAWYA20141116064642/ Number of tourists rose year-on-year by 193% in Sept, indicating sector continued recovery Sun, 16 Nov 2014 08:01:33 GMT Amwal Alghad ZAWYA20141116064642 Open Interview: Delta Insurance's Life Arm Plans to Launch Mutual Fund Soon http://www.zawya.com/story/Interview_Delta_Insurances_Life_Arm_Plans_to_Launch_Mutual_Fund_Soon-ZAWYA20141116063828/ Egypt's Delta Insurance Company (Non-life) plans to launch soon its mutual fund, with an estimated capital worth 100 million Egyptian pounds (US$14 million). Sun, 16 Nov 2014 07:25:28 GMT Amwal Alghad ZAWYA20141116063828 Open Egypt militant group posts video of attack on army checkpoint http://www.zawya.com/story/Egypt_militant_group_posts_video_of_attack_on_army_checkpoint-TR20141114nL6N0T46RQX4/ Egypt's most dangerous militant group on Friday posted its first video message since pledging allegiance to Islamic State, with footage purporting to show that the group was behind one of the most deadly attacks on Egyptian security forces in years. Sat, 15 Nov 2014 05:39:50 GMT Reuters TR20141114nL6N0T46RQX4 Open Egypt issues first microfinance law http://www.zawya.com/story/Egypt_issues_first_microfinance_law-TR20141114nL6N0T41EXX2/ Egypt has issued the country's first law regulating microfinance services, the Egyptian Supervisory Authority said. Fri, 14 Nov 2014 08:38:57 GMT Reuters TR20141114nL6N0T41EXX2 Subscription Egypt says to repay debts to foreign oil companies within six months http://www.zawya.com/story/Egypt_says_to_repay_debts_to_foreign_oil_companies_within_six_months-TR20141113nL6N0T34D8X3/ Egypt plans to repay all of its USD 4.9 billion debt to foreign oil and gas companies within six months, the oil ministry said, a move it hopes will prompt them to boost exploration and ease the worst energy crunch in decades. Fri, 14 Nov 2014 04:53:12 GMT Reuters TR20141113nL6N0T34D8X3 Subscription Egypt says it will repay debts to foreign oil companies within six months http://www.zawya.com/story/Egypt_says_it_will_repay_debts_to_foreign_oil_companies_within_six_months-TR20141113nL6N0T349ZX4/ Egypt plans to repay all of its $4.9 billion of debt to foreign oil and gas companies within six months, the country's oil ministry said on Thursday. Thu, 13 Nov 2014 13:38:35 GMT Reuters TR20141113nL6N0T349ZX4 Open Bombs explode near Egyptian, UAE embassies in Libyan capital http://www.zawya.com/story/Bombs_explode_near_Egyptian_UAE_embassies_in_Libyan_capital-TR20141113nL6N0T30CNX3/ Bombs exploded near the Egyptian and United Arab Emirates embassies in the Libyan capital, Tripoli, on Thursday though there were no immediate reports of casualties or major damage in the atttacks. Thu, 13 Nov 2014 07:55:35 GMT Reuters TR20141113nL6N0T30CNX3 Open Egypt denies report on Al Sissi assassination bid http://www.zawya.com/story/Egypt_denies_report_on_Al_Sissi_assassination_bid-GN_12112014_131118/ Egyptian presidency on Wednesday denied a report in a Saudi newspaper that President Abdul Fattah Al Sissi had been the target of a botched assassination attempt last month. Thu, 13 Nov 2014 04:49:05 GMT Gulf News GN_12112014_131118 Open Telecom Egypt may not exit Vodafone stake after landing new licence -CEO http://www.zawya.com/story/Telecom_Egypt_may_not_exit_Vodafone_stake_after_landing_new_licence_CEO-ZAWYA20141113042401/ Egypt's fixed-line monopoly Telecom Egypt said it may not sell its 45% stake in mobile operator Vodafone Egyptonce it receives a licence to offer its own mobile services. Thu, 13 Nov 2014 04:25:35 GMT Reuters ZAWYA20141113042401 Open Egypt wheat stocks to last until end of March -minister http://www.zawya.com/story/Egypt_wheat_stocks_to_last_until_end_of_March_minister-TR20141112nL6N0T227TX2/ Egypt's stock of wheat for its subsidised bread programme will last until the end of March, just before the local harvest begins, Supplies Minister Khaled Hanafi told Reuters. Wed, 12 Nov 2014 13:17:00 GMT Reuters TR20141112nL6N0T227TX2 Open Telecom Egypt profit hit by licence fee, tax costs http://www.zawya.com/story/Telecom_Egypt_profit_hit_by_licence_fee_tax_costs-TR20141112nL6N0T22TUX2/ Wed, 12 Nov 2014 12:30:45 GMT Reuters TR20141112nL6N0T22TUX2 Open Sinai buffer zone no solution to militancy in Egypt-Amnesty http://www.zawya.com/story/Sinai_buffer_zone_no_solution_to_militancy_in_EgyptAmnesty-TR20141112nL6N0T21YSX2/ Egypt's plan to create a security buffer zone along its border with Gaza is not a solution to growing militancy in the Sinai region as it does not address the roots of the problem, the head of Amnesty International said. Wed, 12 Nov 2014 11:29:31 GMT Reuters TR20141112nL6N0T21YSX2 Open Blast in Egypt's Sinai wounds 10 civilians -security sources http://www.zawya.com/story/Blast_in_Egypts_Sinai_wounds_10_civilians_security_sources-TR20141112nL6N0T202PX2/ A car bomb outside a fast-food restaurant in Egypt's Sinai Peninsula wounded 10 people late on Tuesday when it exploded as security forces were evacuating a heavily populated area, security and medical sources said. Wed, 12 Nov 2014 04:33:22 GMT Reuters TR20141112nL6N0T202PX2 Open Egypt signals parliament election to be held by March http://www.zawya.com/story/Egypt_signals_parliament_election_to_be_held_by_March-TR20141111nL6N0T124YX2/ Egyptian President Abdel Fattah al-Sisi has told visiting U.S. businessmen that a parliamentary election will be held by March, his spokesman said on Tuesday, trying to reassure them that the delayed poll would not be put off indefinitely. Wed, 12 Nov 2014 04:07:29 GMT Reuters TR20141111nL6N0T124YX2 Subscription Egypt in talks with investors over more coal-fired power plants http://www.zawya.com/story/Egypt_in_talks_with_investors_over_more_coalfired_power_plants-TR20141111nL6N0T12BPX2/ Egypt is in talks with several big investors about building coal-fired power plants as it works to diversify its sources of generation amid the country's worst energy crisis in decades, the electricity minister said on Tuesday. Tue, 11 Nov 2014 11:51:11 GMT Reuters TR20141111nL6N0T12BPX2 Open Egypt meeting with commodities firms on hub project -minister http://www.zawya.com/story/Egypt_meeting_with_commodities_firms_on_hub_project_minister-TR20141111nL6N0T121FX2/ Egypt's supplies minister has begun holding meetings with international commodities trading companies with whom he wants the government to partner in an ambitious plan to transform the country into a global trading hub. Tue, 11 Nov 2014 11:36:28 GMT Reuters TR20141111nL6N0T121FX2 Open Egypt considers tighter curbs on media coverage of military http://www.zawya.com/story/Egypt_considers_tighter_curbs_on_media_coverage_of_military-TR20141110nL6N0T01MJX2/ Egypt is drafting a law tightening restrictions on media coverage of the armed forces, government and judicial sources said, alarming journalists who believe this would end three years of relative press freedom. Tue, 11 Nov 2014 05:27:20 GMT Reuters TR20141110nL6N0T01MJX2 Open Egypt consumer inflation rises to 11.8 pct in October http://www.zawya.com/story/Egypt_consumer_inflation_rises_to_118_pct_in_October-TR20141110nS8N0S302X2/ Egypt's annual urban consumer inflation increased to 11.8% in October from 11.1% in September, the official statistics agency CAPMAS said. Mon, 10 Nov 2014 06:50:46 GMT Reuters TR20141110nS8N0S302X2 Open Egyptian militant group pledges loyalty to Islamic State in audio clip http://www.zawya.com/story/Egyptian_militant_group_pledges_loyalty_to_Islamic_State_in_audio_clip-TR20141110nL6N0T009TX2/ Egypt's most active militant group, Ansar Bayt al-Maqdis, has sworn allegiance to Islamic State, the al Qaeda offshoot which has seized territory in Syria and Iraq, according to an audio clip posted on Twitter. Mon, 10 Nov 2014 06:38:35 GMT Reuters TR20141110nL6N0T009TX2 Open Egyptian rights groups fear government crackdown looms http://www.zawya.com/story/Egyptian_rights_groups_fear_government_crackdown_looms-TR20141109nL6N0SZ0PSX9/ Some Egyptian human rights groups shredded documents and instructed their staff to stay home as a government deadline approached for them to register under a law they say seeks to eliminate them. Mon, 10 Nov 2014 04:23:03 GMT Reuters TR20141109nL6N0SZ0PSX9 Open UAE's Aabar buys 5.1% stake in Egyptian developer Palm Hills http://www.zawya.com/story/UAEs_Aabar_buys_51_stake_in_Egyptian_developer_Palm_Hills-TR20141109nL6N0SZ07WX3/ Aabar Investments has acquired a 5.1% stake in Egypt's second-largest listed real estate developer Palm Hills, Palm Hills said in a statement on Sunday. Sun, 09 Nov 2014 10:27:01 GMT Reuters TR20141109nL6N0SZ07WX3 Subscription UNICEF and WHO back final push against polio in the Middle East http://www.zawya.com/story/UNICEF_and_WHO_back_final_push_against_polio_in_the_Middle_East-ZAWYA20141109090417/ Significant progress has been made in the effort to eliminate polio in the Sun, 09 Nov 2014 09:34:25 GMT Press Release ZAWYA20141109090417 Open Egypt's budget deficit hit 12.8% in FY2013/14 http://www.zawya.com/story/Egypts_budget_deficit_hit_128_in_FY201314-ZAWYA20141109061838/ Egypt's state budget deficit hit EGP 255.4 billion - 12.8% of GDP - in the fiscal year 2013/14, according to final figures announced by the finance minister. Sun, 09 Nov 2014 07:30:39 GMT Amwal Alghad ZAWYA20141109061838 Open Egyptian General Petroleum to issue tender for USD1.5b bank loan http://www.zawya.com/story/Egyptian_General_Petroleum_to_issue_tender_for_USD15b_bank_loan-ZAWYA20141109052221/ The Egyptian General Petroleum Corporation will offer a global tender to banks this November in order to arrange a loan worth USD 1.5 billion. Sun, 09 Nov 2014 07:13:46 GMT The Saudi Gazette ZAWYA20141109052221 Open Egypt, Greece, Cyprus pledge to boost energy cooperation http://www.zawya.com/story/Egypt_Greece_Cyprus_pledge_to_boost_energy_cooperation-TR20141108nL6N0SY0FWX2/ Egypt pledged greater energy cooperation with Greece and Cyprus, a diplomatic move that opened up the possibility of progress in talks to import natural gas from Cyprus. Sun, 09 Nov 2014 05:34:38 GMT Reuters TR20141108nL6N0SY0FWX2 Open Egypt moves investment conference to avoid Chinese holiday clash http://www.zawya.com/story/Egypt_moves_investment_conference_to_avoid_Chinese_holiday_clash-TR20141108nL6N0SY0C8X3/ Egypt has pushed back a major conference meant to boost investment and aid from February to mid-March to avoid it conflicting with Chinese holidays, the Finance Minister said . Sun, 09 Nov 2014 05:25:54 GMT Reuters TR20141108nL6N0SY0C8X3 Open Four killed in clashes and attacks across Egypt - sources http://www.zawya.com/story/Four_killed_in_clashes_and_attacks_across_Egypt__sources-TR20141107nL6N0SX5B0X2/ At least four Egyptians were killed and eight wounded on Friday in separate incidents involving Islamist protesters and militants across the country, security and medical sources said. Sat, 08 Nov 2014 04:21:03 GMT Reuters TR20141107nL6N0SX5B0X2 Open Nasdaq Dubai to facilitate dual listing of Egyptian companies http://www.zawya.com/story/Nasdaq_Dubai_to_facilitate_dual_listing_of_Egyptian_companies-GN_06112014_071125/ Nasdaq Dubai and Egyptian securities clearing house have signed an agreement that would facilitate dual listing of companies, officials said on Thursday, a move that deepen the capital markets in both countries. Fri, 07 Nov 2014 05:57:11 GMT Gulf News GN_06112014_071125 Open Egypt to repay USD2.5bn Qatari deposit at end-Nov -cbank source http://www.zawya.com/story/Egypt_to_repay_USD25bn_Qatari_deposit_at_endNov_cbank_source-TR20141106nL6N0SW240X2/ Egypt will repay a USD 2.5 billion deposit to Qatar at the end of November, bringing to USD 6 billion the deposits it has returned to the Gulf Arab gas exporter since last year's ouster of Islamist President Mohamed Mursi, a central bank source said. Thu, 06 Nov 2014 09:09:09 GMT Reuters TR20141106nL6N0SW240X2 Open EBRD Secures USD30m to NBE for Small Business Development http://www.zawya.com/story/EBRD_Secures_USD30m_to_NBE_for_Small_Business_Development-ZAWYA20141106071116/ The European Bank for Reconstruction and Development (EBRD) provided the National Bank of Egypt (NBE) with a USD 30 million credit line, in an attempt to support the development of small businesses in Egypt. Thu, 06 Nov 2014 08:00:19 GMT Amwal Alghad ZAWYA20141106071116 Open Arab Orient Takaful wins Four Seasons Hotel's insurance policy http://www.zawya.com/story/Arab_Orient_Takaful_wins_Four_Seasons_Hotels_insurance_policy-ZAWYA20141106071402/ Egypt's Arab Orient Takaful Insurance Company has won an insurance policy for Four Seasons Hotel's premise CEO Mohamed Moustafa Abdel Rasoul said. Thu, 06 Nov 2014 07:58:09 GMT Amwal Alghad ZAWYA20141106071402 Open Egypt receives USD1bn grant from Kuwait -Egyptian govt source http://www.zawya.com/story/Egypt_receives_USD1bn_grant_from_Kuwait_Egyptian_govt_source-TR20141106nL6N0SW139X3/ Egypt received a USD 1 billion grant from Kuwait earlier this week, an Egyptian government source said, the latest in billions of dollars of aid to arrive from Gulf Arab allies since the ouster of Islamist President Mohamed Mursi last year. Thu, 06 Nov 2014 07:39:59 GMT Reuters TR20141106nL6N0SW139X3 Open Bomb kills 2, wounds 14 on trains in and around Cairo - state media http://www.zawya.com/story/Bomb_kills_2_wounds_14_on_trains_in_and_around_Cairo__state_media-TR20141105nL6N0SV6RLX2/ A bomb planted in a train killed two Egyptian policemen and wounded 11 other people when it exploded at a station in the Nile Delta province of Menufia late on Wednesday, state television said. Thu, 06 Nov 2014 05:30:18 GMT Reuters TR20141105nL6N0SV6RLX2 Open School bus crash in Egypt kills 16 -state news http://www.zawya.com/story/School_bus_crash_in_Egypt_kills_16_state_news-TR20141105nL6N0SV1KEX2/ At least 16 people, mostly children, were killed on Wednesday when a school bus crashed into three other vehicles on a desert road in the Nile Delta north of Cairo, state television said. Wed, 05 Nov 2014 08:48:31 GMT Reuters TR20141105nL6N0SV1KEX2 Open Misr Iran's Loans Fell to EGP100m in September http://www.zawya.com/story/Misr_Irans_Loans_Fell_to_EGP100m_in_September-ZAWYA20141105065737/ Misr Iran Development Bank's loan portfolio declined with EGP100 million to register EGP3.8 billion at the end of September 2014 against EGP3.9 billion at June 2014. Wed, 05 Nov 2014 07:08:43 GMT Amwal Alghad ZAWYA20141105065737 Open Egypt's Ansar Bayt al-Maqdis swears allegiance to ISIS: statement http://www.zawya.com/story/Egypts_Ansar_Bayt_alMaqdis_swears_allegiance_to_ISIS_statement-ZAWYA20141105070030/ Ansar Bayt al-Maqdis, Egypt's most active militant group, has sworn allegiance to Islamic State, a statement from Ansar said Monday night. Wed, 05 Nov 2014 07:07:57 GMT Amwal Alghad ZAWYA20141105070030 Open Egypt's cement firms overcome gas shortages by importing coal http://www.zawya.com/story/Egypts_cement_firms_overcome_gas_shortages_by_importing_coal-TR20141105nL6N0SU2YBX2/ Several of Egypt's major cement producers have begun retrofitting their plants to run on energy from imported coal, beating high gas prices and energy shortages that have curbed industrial output this year. Wed, 05 Nov 2014 07:04:31 GMT Reuters TR20141105nL6N0SU2YBX2 Subscription Billionaire Nassef Sawiris to ramp up Egypt investments after tax win http://www.zawya.com/story/Billionaire_Nassef_Sawiris_to_ramp_up_Egypt_investments_after_tax_win-TR20141104nL6N0SU3NFX2/ Egyptian billionaire Nassef Sawiris said his company, OCI, would make "huge" investments in Egypt following the resolution of a tax dispute between its subsidiary, Orascom Construction Industries, and the tax authority. Wed, 05 Nov 2014 05:42:33 GMT Reuters TR20141104nL6N0SU3NFX2 Open Egyptian militant group denies pledging loyalty to Islamic State -Twitter http://www.zawya.com/story/Egyptian_militant_group_denies_pledging_loyalty_to_Islamic_State_Twitter-TR20141104nL6N0SU2TYX2/ Egypt's most active militant group, Ansar Bayt al-Maqdis, denied in a Twitter message on Tuesday that it had pledged allegiance to Islamic State and it distanced itself from a statement that appeared in its name online Tue, 04 Nov 2014 13:27:32 GMT Reuters TR20141104nL6N0SU2TYX2 Open Kuwait to raise crude oil exports to Egypt, could send diesel http://www.zawya.com/story/Kuwait_to_raise_crude_oil_exports_to_Egypt_could_send_diesel-TR20141104nL6N0SU2R8X2/ Kuwait plans to raise its crude oil exports to Egypt to up to 100,000 barrels per day from 65,000 bpd now and is ready to supply it with refined fuel too if needed, a Kuwaiti oil official said on Tuesday. Tue, 04 Nov 2014 12:17:54 GMT Reuters TR20141104nL6N0SU2R8X2 Subscription Egyptian property developer SODIC raises USD139m for new projects http://www.zawya.com/story/Egyptian_property_developer_SODIC_raises_USD139m_for_new_projects-ZAWYA20141104062533/ SODIC , Egypt's third-largest listed property developer, has completed a 1 billion pound (USD 139 million) capital increase to help finance new projects as the country's real estate market begins to recover. Tue, 04 Nov 2014 07:00:42 GMT Amwal Alghad ZAWYA20141104062533 Open JPMorgan, EFG-Hermes to be working with Emaar on Egypt IPO - Sources http://www.zawya.com/story/JPMorgan_EFGHermes_to_be_working_with_Emaar_on_Egypt_IPO__Sources-ZAWYA20141104062624/ Emaar Properties PJSC (EMAAR) is hiring JPMorgan Chase & Co. (JPM) and EFG-Hermes Holding SAE (HRHO) to sell shares in its Egyptian business, two people with knowledge of the matter said. Tue, 04 Nov 2014 06:58:42 GMT Amwal Alghad ZAWYA20141104062624 Open Growth in Egyptian business activity slows in October -PMI http://www.zawya.com/story/Growth_in_Egyptian_business_activity_slows_in_October_PMI-TR20141104nL5N0SR06NX2/ Business activity in Egypt expanded in October for the third straight month, a survey showed on Tuesday, but the pace of growth slowed, highlighting the fragile nature of the country's nascent economic recovery. Tue, 04 Nov 2014 05:40:11 GMT Reuters TR20141104nL5N0SR06NX2 Subscription Egypt's Ansar militants swear allegience to Islamic State-statement http://www.zawya.com/story/Egypts_Ansar_militants_swear_allegience_to_Islamic_Statestatement-TR20141103nL6N0ST58HX2/ Ansar Bayt al-Maqdis, Egypt's most active militant group, has sworn allegiance to Islamic State, a statement from Ansar said Monday night. Tue, 04 Nov 2014 04:09:57 GMT Reuters TR20141103nL6N0ST58HX2 Open UAE's Abraaj offers USD118m for 100% of Egypt's Bisco Misr http://www.zawya.com/story/UAEs_Abraaj_offers_USD118m_for_100_of_Egypts_Bisco_Misr-TR20141103nL6N0ST0SUX4/ UAE's Abraaj Investment Management has made a formal offer of EGP 850 million (USD 118.88 million) for 100% of Bisco Misr, one of Egypt's main producers of cakes and biscuits, the regulator said. Mon, 03 Nov 2014 08:31:28 GMT Reuters TR20141103nL6N0ST0SUX4 Open Mideast sovereign funds increasing allocation to home markets-Invesco http://www.zawya.com/story/Mideast_sovereign_funds_increasing_allocation_to_home_marketsInvesco-GN_02112014_031107/ Middle East sovereign investors are allocating significantly high portion of their assets to home markets, according to Invesco Asset Management. Mon, 03 Nov 2014 05:14:48 GMT Gulf News GN_02112014_031107 Open Shareholders with 56% of Egypt's Bisco Misr agree to sell to UAE's Abraaj http://www.zawya.com/story/Shareholders_with_56_of_Egypts_Bisco_Misr_agree_to_sell_to_UAEs_Abraaj-TR20141102nL6N0SS06SX2/ Shareholders holding 56 percent of Egyptian snack maker Bisco Misr have agreed to sell their shares to United Arab Emirates-based Abraaj Investment Management, Bisco Misr said. Sun, 02 Nov 2014 11:10:20 GMT Reuters TR20141102nL6N0SS06SX2 Subscription IMF to discuss of Egypt's economic,fiscal policies Nov 11 http://www.zawya.com/story/IMF_to_discuss_of_Egypts_economicfiscal_policies_Nov_11-ZAWYA20141102064101/ The International Monetary Fund mission will start on November 11 its consultations in Cairo to assess the country's economic performance. Sun, 02 Nov 2014 07:33:36 GMT Amwal Alghad ZAWYA20141102064101 Open Dubai.net, Arab.com, Doha.com to go under the hammer this week http://www.zawya.com/story/Dubainet_Arabcom_Dohacom_to_go_under_the_hammer_this_week-ZAWYA20141102040323/ 7 Arab domain names get ready to be auctioned at World Travel Market Sun, 02 Nov 2014 05:10:02 GMT Emirates 24|7 ZAWYA20141102040323 Open