Zawya.com - Egypt Top Stories http://www.zawya.com/top-stories/rss/egypt/ en-us Copyright 2014 Zawya Ltd. All rights reserved. Thu, 18 Dec 2014 18:37:40 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 Egypt refers suspected homosexuals to trial http://www.zawya.com/story/Egypt_refers_suspected_homosexuals_to_trial-GN_18122014_191220/ Egyptian prosecutors on Wednesday referred 26 men to trial on charges of inciting debauchery, a legal term used in Egypt for suspected homosexuals. Fri, 19 Dec 2014 06:03:01 GMT Gulf News GN_18122014_191220 Open Egypt's Sisi Inaugurates terminal complex at Hurghada International Airport http://www.zawya.com/story/Egypts_Sisi_Inaugurates_terminal_complex_at_Hurghada_International_Airport-ZAWYA20141218044405/ Egyptian President, Abdel Fattah al-Sisi, inaugurated the new terminal complex of Hurghada International Airport, with an annual passenger capacity of 7.5 million. Thu, 18 Dec 2014 09:58:35 GMT Amwal Alghad ZAWYA20141218044405 Open OCI, Arab Contractors to deliver ready mix concrete plant in April http://www.zawya.com/story/OCI_Arab_Contractors_to_deliver_ready_mix_concrete_plant_in_April-ZAWYA20141218044147/ Egypt's Arab Contractors plans to deliver next April a ready mix concrete plant, in cooperation with Orascom construction industries. The plant is to serve the new Suez Canal project tunnels. Thu, 18 Dec 2014 09:45:55 GMT Amwal Alghad ZAWYA20141218044147 Open Egypt annual inflation drops to 9.09% in Nov- c.bank http://www.zawya.com/story/Egypt_annual_inflation_drops_to_909_in_Nov_cbank-ZAWYA20141218044501/ Central Bank of Egypt stated that the drop in the inflation annual rate to 9.09% in November, opposed to 11.84 % in October, is due to the decline in the prices of fresh vegetables and other food commodities. Thu, 18 Dec 2014 09:21:04 GMT Amwal Alghad ZAWYA20141218044501 Open Kuwait Energy/EGPC oil find in Egypt onshore well http://www.zawya.com/story/Kuwait_EnergyEGPC_oil_find_in_Egypt_onshore_well-ZAWYA20141218033600/ Kuwait Energy, an independent oil & gas company with assets across MENA region, and its main partner, Egyptian General Petroleum Corporation (EGPC), announced hydrocarbon discovery in exploration well Shahd-4 on the East Ras Qattara development lease, located onshore in the North Western Desert Egypt. Thu, 18 Dec 2014 06:57:57 GMT The Saudi Gazette ZAWYA20141218033600 Open Ninth Egyptian dies of H5N1 bird flu - Health Ministry http://www.zawya.com/story/Ninth_Egyptian_dies_of_H5N1_bird_flu__Health_Ministry-TR20141217nL6N0U14B2X2/ A 20-year-old Egyptian woman died from bird flu on Wednesday, the ninth death in the country from the virus out of 18 identified cases, the Health Ministry said. Thu, 18 Dec 2014 04:47:02 GMT Reuters TR20141217nL6N0U14B2X2 Open Two Egyptian and two UAE military officers die in plane crash http://www.zawya.com/story/Two_Egyptian_and_two_UAE_military_officers_die_in_plane_crash-TR20141217nL6N0U14UHX2/ Two Egyptian military officers and two from the United Arab Emirates were killed on Wednesday when their plane crashed during a joint exercise in Egypt, official reports said. Thu, 18 Dec 2014 04:31:50 GMT Reuters TR20141217nL6N0U14UHX2 Open Abraaj tops Kellogg again in Bisco Misr takeover battle http://www.zawya.com/story/Abraaj_tops_Kellogg_again_in_Bisco_Misr_takeover_battle-TR20141217nL6N0U123FX2/ Abraaj Investment Management raised its offer for Bisco Misr to EGP 84.66 (USD 12) per share, trumping Kellogg Co again. Wed, 17 Dec 2014 13:03:33 GMT Reuters TR20141217nL6N0U123FX2 Subscription Egypt marble production expected to reach 6m tonnes within 5 years http://www.zawya.com/story/Egypt_marble_production_expected_to_reach_6m_tonnes_within_5_years-ZAWYA20141217062259/ Egypt minister of trade and industry, Mounir Fakhry Abdel Nour, said that Egypt is the sixth biggest marble importer in the world, and has fifth largest marble industrial zone in the world. Egypt's current marble production ranges between 4.55 4.5-5 million tonnes, expected to reach 6 million tonnes within 5 yrs. Wed, 17 Dec 2014 08:23:15 GMT Amwal Alghad ZAWYA20141217062259 Open Egypt's Ayadi public/private partnership in supporting SMEs http://www.zawya.com/story/Egypts_Ayadi_publicprivate_partnership_in_supporting_SMEs-ZAWYA20141217061829/ The newly-launched Ayadi Company to be key supporter to SME projects in Egypt, has an initial capital of EGP 10 billion, divided between the Egyptian government (20%) and private sector (80%). It is expected to create 500,000 jobs for youth. Wed, 17 Dec 2014 08:22:18 GMT Amwal Alghad ZAWYA20141217061829 Open Egypt’s struggling tourism industry shrugs off embassy closures http://www.zawya.com/story/Egypts_struggling_tourism_industry_shrugs_off_embassy_closures-GN_16122014_171208/ The ongoing closure of the British and Canadian embassies in Cairo has had no impact on Egyptian tourism struggling to recover from more than three years of stagnation, officials and travel agents say. Wed, 17 Dec 2014 05:13:13 GMT Gulf News GN_16122014_171208 Open Egyptian court overturns some Muslim Brotherhood asset seizures http://www.zawya.com/story/Egyptian_court_overturns_some_Muslim_Brotherhood_asset_seizures-TR20141216nL6N0U04GQX2/ An Egyptian court overturned decisions by a special committee to seize the assets of Muslim Brotherhood leaders, without saying which members or assets will be affected. Wed, 17 Dec 2014 04:30:08 GMT Reuters TR20141216nL6N0U04GQX2 Open Egypt to pass mining and industrial land laws next week -minister http://www.zawya.com/story/Egypt_to_pass_mining_and_industrial_land_laws_next_week_minister-TR20141216nL6N0U04DNX2/ Egypt will pass laws next week related to mining and the allocation of industrial land as it pursues reforms to attract foreign investors deterred by political turmoil, the investment minister said. Wed, 17 Dec 2014 04:26:47 GMT Reuters TR20141216nL6N0U04DNX2 Open Egypt's Suez Cement to convert two factories to run on coal http://www.zawya.com/story/Egypts_Suez_Cement_to_convert_two_factories_to_run_on_coal-TR20141216nL6N0U027CX2/ Suez Cement , Egypt's largest listed cement maker by market value, said on Tuesday it planned to spend 600 million Egyptian pounds ($84 million) in 2015 on equipping two factories to run on coal due to the country's energy crunch. Tue, 16 Dec 2014 11:43:31 GMT Reuters TR20141216nL6N0U027CX2 Open Egypt c.bank expected to allow further devaluation of Egyptian Pound- HSBC report http://www.zawya.com/story/Egypt_cbank_expected_to_allow_further_devaluation_of_Egyptian_Pound_HSBC_report-ZAWYA20141215065254/ Further devaluation of Egyptian pound is expected during 2015 and 2016, according to a report issued by HSBC. Tue, 16 Dec 2014 10:21:27 GMT Amwal Alghad ZAWYA20141215065254 Open EBRD inks 2 loans with Egypt's NBE to support Women SMEs, energy efficiency http://www.zawya.com/story/EBRD_inks_2_loans_with_Egypts_NBE_to_support_Women_SMEs_energy_efficiency-ZAWYA20141216053145/ European Bank for Reconstruction and Development is partnering with National Bank of Egypt (NBE) to introduce a USD 20 million women in business program SME loan and a USD 30 million energy efficiency facility. Tue, 16 Dec 2014 10:13:24 GMT Amwal Alghad ZAWYA20141216053145 Open Egyptian-Chinese Business Council formed http://www.zawya.com/story/EgyptianChinese_Business_Council_formed-ZAWYA20141216053134/ Egyptian Minister of Industry and Trade, Mounir Fakhry Abdel Nour, issued a decree stipulating the formation of the Egyptian-Chinese Business Council, headed by CEO of El Sewedy Electric, Ahmed Al-Sewedy. Tue, 16 Dec 2014 10:07:27 GMT Amwal Alghad ZAWYA20141216053134 Open British embassy in Cairo re-opens after nine-day hiatus http://www.zawya.com/story/British_embassy_in_Cairo_reopens_after_nineday_hiatus-TR20141216nL6N0U00XRX2/ The British Embassy in Cairo re-opened on Tuesday after suspending public services nine days ago for security reasons, the embassy said. Tue, 16 Dec 2014 08:06:15 GMT Reuters TR20141216nL6N0U00XRX2 Open World Bank urges Egypt to make reforms before investor conference http://www.zawya.com/story/World_Bank_urges_Egypt_to_make_reforms_before_investor_conference-TR20141215nL6N0TZ398X2/ A senior World Bank official on Monday called on Egypt to implement promised legal and bureaucratic reforms ahead of an international conference in March where the government hopes to attract more than USD 12 billion in investments. Tue, 16 Dec 2014 04:23:34 GMT Reuters TR20141215nL6N0TZ398X2 Open Kuwaiti ship, Egyptian fishing boat, collide in Red Sea, killing 13 http://www.zawya.com/story/Kuwaiti_ship_Egyptian_fishing_boat_collide_in_Red_Sea_killing_13-TR20141215nL6N0TZ3U4X2/ Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians. Tue, 16 Dec 2014 04:20:28 GMT Reuters TR20141215nL6N0TZ3U4X2 Open U.N. Sahel envoy says Libya turmoil could destabilise neighbours http://www.zawya.com/story/UN_Sahel_envoy_says_Libya_turmoil_could_destabilise_neighbours-TR20141215nL6N0TZ1YPX2/ The United Nations special envoy to the Sahel region said on Monday talks to resolve a crisis in Libya had stalled and warned several countries in the region risked being destabilised unless it was resolved quickly. Mon, 15 Dec 2014 13:09:31 GMT Reuters TR20141215nL6N0TZ1YPX2 Open Islamist group criticises Egypt over arrest warrant for cleric http://www.zawya.com/story/Islamist_group_criticises_Egypt_over_arrest_warrant_for_cleric-TR20141215nL6N0TZ0XSX2/ A group of Islamist scholars criticised Egypt on Monday for seeking an Interpol arrest warrant for their leader, a Qatar-based cleric whose outspoken support for the Muslim Brotherhood contributed to a diplomatic rift between Gulf Arab states. Mon, 15 Dec 2014 12:03:03 GMT Reuters TR20141215nL6N0TZ0XSX2 Open National Bank of Egypt settles EGP700m default loans for 5 clients http://www.zawya.com/story/National_Bank_of_Egypt_settles_EGP700m_default_loans_for_5_clients-ZAWYA20141214050814/ National Bank of Egypt (NBE) has reached agreement with a number of distressed clients to settle EGP 700 million worth of their debts. Sun, 14 Dec 2014 05:23:30 GMT Amwal Alghad ZAWYA20141214050814 Open Egypt eyes refining capacity of 85,000T by end-2020 http://www.zawya.com/story/Egypt_eyes_refining_capacity_of_85000T_by_end2020-ZAWYA20141214051146/ Egypt now only operates at 55% of total refining capacity, the oil minister said. Sun, 14 Dec 2014 05:18:25 GMT Amwal Alghad ZAWYA20141214051146 Open 13 firms joined Egypt bourse and NILEX in 2014 - Official http://www.zawya.com/story/13_firms_joined_Egypt_bourse_and_NILEX_in_2014__Official-ZAWYA20141212071621/ Around 13 companies have joined Egyptian stock Exchange (EGX) and Bourse of SMEs (known as NILEX) during 2014, said bourse chief Mohamed Omran. Fri, 12 Dec 2014 07:20:28 GMT Amwal Alghad ZAWYA20141212071621 Open Private-sector banks registers 84% of total loans at end-June - Egypt C.Bank http://www.zawya.com/story/Privatesector_banks_registers_84_of_total_loans_at_endJune__Egypt_CBank-ZAWYA20141212071431/ The private-sector banks have seized 84% of total loans during second quarter ending on 31 March 2014, said the Egyptian Central Bank in a latest report. Fri, 12 Dec 2014 07:18:19 GMT Amwal Alghad ZAWYA20141212071431 Open Egypt's Amer group wins approval to start building resort in Jordan http://www.zawya.com/story/Egypts_Amer_group_wins_approval_to_start_building_resort_in_Jordan-TR20141211nL6N0TV2P5X2/ Egyptian real estate company Amer Group has won approval to start building the USD 989.40 million Porto Dead Sea resort in Jordan over a period of seven years, it said. Fri, 12 Dec 2014 05:24:16 GMT Reuters TR20141211nL6N0TV2P5X2 Open Egypt's central bank to add fourth weekly dollar auction http://www.zawya.com/story/Egypts_central_bank_to_add_fourth_weekly_dollar_auction-TR20141211nL6N0TV46ZX2/ Egypt's central bank said on Thursday it would add a fourth weekly auction of USD 40 million on Sundays from next week, as the government tries to curb a growing currency black market. Fri, 12 Dec 2014 05:14:10 GMT Reuters TR20141211nL6N0TV46ZX2 Subscription Egyptian woman dies of H5N1 bird flu, total now 8 -Health Ministry http://www.zawya.com/story/Egyptian_woman_dies_of_H5N1_bird_flu_total_now_8_Health_Ministry-TR20141211nL6N0TV4ORX2/ An Egyptian woman has died of H5N1 bird flu, bringing the total number of deaths in Egypt from the virus to eight this year out of 16 identified cases, the health ministry said. Fri, 12 Dec 2014 05:04:53 GMT Reuters TR20141211nL6N0TV4ORX2 Open Egypt clears way for long-awaited parliamentary polls http://www.zawya.com/story/Egypt_clears_way_for_longawaited_parliamentary_polls-GN_10122014_111238/ The Egyptian government on Wednesday approved a draft law on electoral districts, clearing the last hurdle for holding the long-awaited parliamentary elections. Thu, 11 Dec 2014 05:00:37 GMT Gulf News GN_10122014_111238 Open Egypt needs legal reforms for Suez Canal hub to succeed -consultant http://www.zawya.com/story/Egypt_needs_legal_reforms_for_Suez_Canal_hub_to_succeed_consultant-ZAWYA20141210161823/ The consultant on the project says cumbersome Egyptian government bureaucracy could hamper its chances of success. Wed, 10 Dec 2014 16:21:46 GMT Reuters ZAWYA20141210161823 Open BG in advanced talks with BP over Egypt deal http://www.zawya.com/story/BG_in_advanced_talks_with_BP_over_Egypt_deal-ZAWYA20141210161012/ British gas company BG is in advanced talks that could boost supplies to power-hungry Egypt by allowing rival BP to use its pipelines Wed, 10 Dec 2014 16:15:57 GMT Reuters ZAWYA20141210161012 Open Egypt consumer, core inflation ease in November http://www.zawya.com/story/Egypt_consumer_core_inflation_ease_in_November-TR20141210nL6N0TU0EMX3/ Egypt is benefiting from a slump in global oil prices. Wed, 10 Dec 2014 16:04:26 GMT Reuters TR20141210nL6N0TU0EMX3 Open EFG-Hermes: Qatari Deposit Repayment behind Egypt's FX reserves fall http://www.zawya.com/story/EFGHermes_Qatari_Deposit_Repayment_behind_Egypts_FX_reserves_fall-ZAWYA20141210071636/ EFG-Hermes Holding said in a report that slump in Egypt's foreign currency reserves, to less than USD16 billion, in November was due to paying back the USD2.5 billion Qatari deposit. Wed, 10 Dec 2014 09:34:22 GMT Amwal Alghad ZAWYA20141210071636 Open 12 insurance firms join Egypt's first national reinsurance committee http://www.zawya.com/story/12_insurance_firms_join_Egypts_first_national_reinsurance_committee-ZAWYA20141210072729/ The committee establishing Egypt's first national reinsurance company will encompass 12 local insurance firms, alongside 3 entities working in various sectors, Misr Real Estate Assets, Arab Investment Bank, and Public Sector Workers Fund. Wed, 10 Dec 2014 09:21:11 GMT Amwal Alghad ZAWYA20141210072729 Open Qatar Foreign Minister: No enmity between Qatar and Egypt http://www.zawya.com/story/Qatar_Foreign_Minister_No_enmity_between_Qatar_and_Egypt-ZAWYA20141210042810/ There is no enmity between Qatar and Egypt, so the question of rapprochement does not arise, said Qatar's Foreign Minister, Khalid bin Mohamed Al Attiyah, adding that Qatar stood with the Egyptian people since the revolution of January 25 began, at a press conference at the end of the 35th GCC Summit. Wed, 10 Dec 2014 07:35:49 GMT The Peninsula ZAWYA20141210042810 Open Egypt consumer inflation slows to 9.1% in November http://www.zawya.com/story/Egypt_consumer_inflation_slows_to_91_in_November-TR20141210nL6N0TU0EMX2/ Egypt's annual urban consumer inflation slowed to 9.1% in November from 11.8% in the previous month, the official statistics agency CAPMAS said on Wednesday, in a boost for the government as it tries to restore economic stability. Wed, 10 Dec 2014 07:31:40 GMT Reuters TR20141210nL6N0TU0EMX2 Open Qatar emir urges Gulf Arab solidarity amid regional turmoil http://www.zawya.com/story/Qatar_emir_urges_Gulf_Arab_solidarity_amid_regional_turmoil-TR20141209nL6N0TT3WAX2/ Qatar's emir urged Gulf Arab leaders to shake off a damaging rift over Islamist politics and work together to tackle common threats across the region. Wed, 10 Dec 2014 04:56:19 GMT Reuters TR20141209nL6N0TT3WAX2 Open Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg's http://www.zawya.com/story/Egypt_extends_period_of_Abraaj_bid_for_Bisco_Misr_to_match_Kelloggs-TR20141209nL6N0TT2ZSX2/ Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker Bisco Misr to December 24 to match the period of rival bidder Kellogg Co. Wed, 10 Dec 2014 04:20:27 GMT Reuters TR20141209nL6N0TT2ZSX2 Subscription BP to invest USD12bn in Egypt over 5 yrs, boost gas supplies http://www.zawya.com/story/BP_to_invest_USD12bn_in_Egypt_over_5_yrs_boost_gas_supplies-TR20141209nL6N0TT2FIX2/ British oil major BP plans to invest more than USD 12 billion in Egypt over the next five years, and to double its gas supplies to the local market in the next decade, the country manager of BP Egypt said. Wed, 10 Dec 2014 04:15:09 GMT Reuters TR20141209nL6N0TT2FIX2 Subscription Egyptian judge jails democracy activist for 3 years for "insulting court" http://www.zawya.com/story/Egyptian_judge_jails_democracy_activist_for_3_years_for_insulting_court-TR20141209nL6N0TT1LLX2/ Egyptian pro-democracy activist Ahmed Douma was sentenced to three years in jail after he accused the judge of bias and denounced his trial on charges of violence against the state as political. Tue, 09 Dec 2014 13:49:52 GMT Reuters TR20141209nL6N0TT1LLX2 Open Egypt to tender for second LNG import terminal -source http://www.zawya.com/story/Egypt_to_tender_for_second_LNG_import_terminal_source-TR20141209nL6N0TT12BX2/ Egypt will launch a tender for a second liquefied natural gas (LNG) import terminal in the coming weeks, which could help address the country's ongoing energy crisis, a source at the state gas board said. Tue, 09 Dec 2014 09:09:35 GMT Reuters TR20141209nL6N0TT12BX2 Subscription Private banks' investments in gov debt instruments EGP153.5 bn in September http://www.zawya.com/story/Private_banks_investments_in_gov_debt_instruments_EGP1535_bn_in_September-ZAWYA20141209070524/ Private-sector banks' investments in Egypt government auctioned debt instruments recorded 153.5 billion Egyptian pounds by end of September 2014, a 7.3 percent increase on the previous month. Tue, 09 Dec 2014 08:58:33 GMT Amwal Alghad ZAWYA20141209070524 Open Egypt arrests 26 men over bath house "orgy" http://www.zawya.com/story/Egypt_arrests_26_men_over_bath_house_orgy-TR20141208nL6N0TS39UX2/ Egyptian police detained 26 men in a raid on a Cairo bath house after receiving a tip that they were holding gay orgies, a security source said. Tue, 09 Dec 2014 05:16:03 GMT Reuters TR20141208nL6N0TS39UX2 Open Canadian Embassy in Cairo closed due to security concerns http://www.zawya.com/story/Canadian_Embassy_in_Cairo_closed_due_to_security_concerns-TR20141208nL6N0TS14CX2/ Canada's Embassy in Cairo was closed on Monday until further notice because of security concerns. Mon, 08 Dec 2014 09:01:24 GMT Reuters TR20141208nL6N0TS14CX2 Open Saudi arrests 135 people on terrorism charges http://www.zawya.com/story/Saudi_arrests_135_people_on_terrorism_charges-ZAWYA20141208032310/ Security forces have arrested 135 people accused of belonging to terrorist organizations in different regions, the Interior Ministry announced. Mon, 08 Dec 2014 04:31:44 GMT Arab News ZAWYA20141208032310 Open Egypt's Qalaa Holding posts 67% fall in Q3 net loss qtr-on-qtr http://www.zawya.com/story/Egypts_Qalaa_Holding_posts_67_fall_in_Q3_net_loss_qtronqtr-TR20141207nL6N0TR0NCX3/ Qalaa Holdings, one of Egypt's largest investment companies, reported a third-quarter net loss after minority interests of EGP 59.6 million. Mon, 08 Dec 2014 03:53:21 GMT Reuters TR20141207nL6N0TR0NCX3 Open Egypt's foreign reserves fall to USD15.88b at end-Nov http://www.zawya.com/story/Egypts_foreign_reserves_fall_to_USD1588b_at_endNov-TR20141207nL9N0R2011X3/ Egypt's foreign currency reserves fell to USD 15.88 billion at the end of November from USD 16.91 billion the previous month, the central bank said. Sun, 07 Dec 2014 14:58:28 GMT Reuters TR20141207nL9N0R2011X3 Open UK embassy in Cairo closes to the public over security concerns http://www.zawya.com/story/UK_embassy_in_Cairo_closes_to_the_public_over_security_concerns-TR20141207nL6N0TR0A1X4/ The British Embassy in Cairo closed to the public on Sunday due to security concerns, an embassy spokesperson said. Sun, 07 Dec 2014 14:56:34 GMT Reuters TR20141207nL6N0TR0A1X4 Open Egypt, EU sign third phase of combating industrial pollution deal http://www.zawya.com/story/Egypt_EU_sign_third_phase_of_combating_industrial_pollution_deal-ZAWYA20141207062006/ Sun, 07 Dec 2014 09:16:13 GMT Amwal Alghad ZAWYA20141207062006 Open IDB allocates USD220m for Egypt-Saudi electricity interconnection project http://www.zawya.com/story/IDB_allocates_USD220m_for_EgyptSaudi_electricity_interconnection_project-ZAWYA20141207054036/ Board of Exec Directors of the Islamic Development Bank approved USD566 million for financing projects. USD220 million were allocated for the Egypt-Saudi electricity interconnection project, with a maximum capacity of 3000MW. Sun, 07 Dec 2014 07:20:57 GMT The Saudi Gazette ZAWYA20141207054036 Open "Revolution insult" law raises concerns in Egypt http://www.zawya.com/story/Revolution_insult_law_raises_concerns_in_Egypt-GN_06122014_071236/ The law is seen as mainly designed to placate disenchanted backers of the anti-Mubarak revolt largely branded in pro-Al Sissi media as a foreign conspiracy. Sun, 07 Dec 2014 05:12:42 GMT Gulf News GN_06122014_071236 Open Egypt court sentences sevens jihadists to death in Sinai case -sources http://www.zawya.com/story/Egypt_court_sentences_sevens_jihadists_to_death_in_Sinai_case_sources-TR20141206nL6N0TQ055X3/ An Egyptian court has sentenced to death seven men, including prominent Islamist militant Adel Habara, charged with killing 25 policemen last year in an attack near the border with Israel, judicial sources said. Sat, 06 Dec 2014 10:40:37 GMT Reuters TR20141206nL6N0TQ055X3 Open Turkey, Maghreb to increase security co-operation http://www.zawya.com/story/Turkey_Maghreb_to_increase_security_cooperation-ZAWYA20141206051921/ African states and Turkey agreed at their recent summit in Malobo to partner for security and development. Sat, 06 Dec 2014 06:19:04 GMT Magharebia.com ZAWYA20141206051921 Open UAE-Egypt alliance expands to desert wheat venture http://www.zawya.com/story/UAEEgypt_alliance_expands_to_desert_wheat_venture-TR20141205nL6N0TP1MAX2/ Egypt and two companies from its strong backer United Arab Emirates have embarked on an ambitious plan to grow wheat in the desert that could boost the Cairo government's credibility if successful. Sat, 06 Dec 2014 04:45:39 GMT Reuters TR20141205nL6N0TP1MAX2 Open Huawei's business volume ups USD500m in Egypt this year http://www.zawya.com/story/Huaweis_business_volume_ups_USD500m_in_Egypt_this_year-ZAWYA20141205070507/ Huawei Egypt 's business volume reached USD 500 million in the current year in compared to USD 470 million in the last year, said Ahmed Nabawy, Solution Manage at Huawei. Fri, 05 Dec 2014 08:05:01 GMT Amwal Alghad ZAWYA20141205070507 Open Egyptian pound steady at official auction, stronger on black market http://www.zawya.com/story/Egyptian_pound_steady_at_official_auction_stronger_on_black_market-TR20141204nL6N0TO249X2/ Egypt's pound EGP= held steady at a central bank dollar sale on Thursday but strengthened on the unofficial market. Fri, 05 Dec 2014 04:57:08 GMT Reuters TR20141204nL6N0TO249X2 Subscription Egypt's Suez Canal revenue at USD482.3m in October http://www.zawya.com/story/Egypts_Suez_Canal_revenue_at_USD4823m_in_October-TR20141204nL6N0TO2RJX3/ Revenues from Egypt's Suez Canal reached USD 482.3 million at the end of October, up from USD 469.7 million in September, the state information website said. Fri, 05 Dec 2014 04:56:39 GMT Reuters TR20141204nL6N0TO2RJX3 Open Egypt to import 6 LNG cargoes from Algeria next year http://www.zawya.com/story/Egypt_to_import_6_LNG_cargoes_from_Algeria_next_year-TR20141204nL6N0TO29GX2/ Egypt will import six cargoes of liquefied natural gas from Algeria between April and September next year, the oil ministry said, helping to ease an energy crunch that has plunged the country into repeated blackouts this year. Fri, 05 Dec 2014 04:50:59 GMT Reuters TR20141204nL6N0TO29GX2 Open India to press G20 for deadline to cut remittance costs - sources http://www.zawya.com/story/India_to_press_G20_for_deadline_to_cut_remittance_costs__sources-TR20141204nL3N0TO201X2/ India will press the Group of 20 economies to set a two-year deadline to reduce the cost of international money transfers, two government sources said, potentially saving more than $20 billion for developing countries. Thu, 04 Dec 2014 11:06:19 GMT Reuters TR20141204nL3N0TO201X2 Open Egyptian Contractors Federation to accept Arab contractors memberships http://www.zawya.com/story/Egyptian_Contractors_Federation_to_accept_Arab_contractors_memberships-ZAWYA20141204070609/ According to Egyptian Federation for Construction and Building Contractors (EFCBC) chairman Hassan Abdel Aziz, the federation is studying a proposal to grant Arab investors an active membership, to enable them to implement upcoming construction projects in the country. Thu, 04 Dec 2014 09:30:48 GMT Amwal Alghad ZAWYA20141204070609 Open Deputy Governor of Egypt's c.bank Nidal Assar resigns http://www.zawya.com/story/Deputy_Governor_of_Egypts_cbank_Nidal_Assar_resigns-ZAWYA20141204070448/ The second highest-ranking official in Egypt's central bank, Nidal Assar, has resigned. He was deputy governor for investment and foreign relations. It was not clear who would fill the key role which includes management of Egypt's foreign currency reserves. Thu, 04 Dec 2014 09:10:59 GMT Amwal Alghad ZAWYA20141204070448 Open PM: Egypt will recover Mubarak's overseas assets http://www.zawya.com/story/PM_Egypt_will_recover_Mubaraks_overseas_assets-ZAWYA20141204070818/ Egypt's Prime Minister Ibrahim Mahlab said that the acquittal of former President Hosni Mubarak will not stop efforts to recovery illegal assets that the former dictator hid abroad. Thu, 04 Dec 2014 09:05:27 GMT Amwal Alghad ZAWYA20141204070818 Open Egyptian dies of H5N1 bird flu, bringing total to 7-health ministry http://www.zawya.com/story/Egyptian_dies_of_H5N1_bird_flu_bringing_total_to_7health_ministry-TR20141203nL6N0TN3YUX2/ Another Egyptian has died of H5N1 bird flu, bringing the total number of deaths in Egypt from the virus to seven this year out of 14 identified cases, the health ministry said. Thu, 04 Dec 2014 05:30:50 GMT Reuters TR20141203nL6N0TN3YUX2 Subscription Egypt to criminalise insults to "revolutions" of 2011 and 2013-spokesman http://www.zawya.com/story/Egypt_to_criminalise_insults_to_revolutions_of_2011_and_2013spokesman-TR20141203nL6N0TN3PTX2/ President Abdel Fattah al-Sisi plans to issue decrees to criminalise insults to Egypt's two "revolutions" of 2011 and 2013, a spokesman said. Thu, 04 Dec 2014 05:22:07 GMT Reuters TR20141203nL6N0TN3PTX2 Open Denmark's Arla Foods to drop bid for Egypt's Arab Dairy http://www.zawya.com/story/Denmarks_Arla_Foods_to_drop_bid_for_Egypts_Arab_Dairy-TR20141203nL6N0TN0UWX3/ European dairy produce cooperative Arla Foods Amba has dropped its bid for Egyptian Arab Dairy Product Company, Arla Foods said. Wed, 03 Dec 2014 09:13:10 GMT Reuters TR20141203nL6N0TN0UWX3 Open Egypt's El-Sisi: gov to develop new cities in Sinai http://www.zawya.com/story/Egypts_ElSisi_gov_to_develop_new_cities_in_Sinai-ZAWYA20141203072813/ Egyptian President Abdel Fattah El-Sisi has discussed the formation of new cities in Rafah and Ismailia. Wed, 03 Dec 2014 08:57:22 GMT Amwal Alghad ZAWYA20141203072813 Open Freedoms at Risk in Egypt- UN Rights Commissioner http://www.zawya.com/story/Freedoms_at_Risk_in_Egypt_UN_Rights_Commissioner-ZAWYA20141203072925/ Referring to violence that took place over the past week, leaving five killed, UN High Commissioner for Human Rights Zeid Raad Al-Hussein released a statement expressing concern over recent developments in Egypt on freedom of expression, association and assembly. Wed, 03 Dec 2014 08:54:15 GMT Amwal Alghad ZAWYA20141203072925 Open UAE Arabtec's Final Study on Egypt 1 mln Housing Proj Ready in 2 Weeks - minister http://www.zawya.com/story/UAE_Arabtecs_Final_Study_on_Egypt_1_mln_Housing_Proj_Ready_in_2_Weeks__minister-ZAWYA20141203072633/ Dubai-based contractor Arabtec Holding will submit within two weeks a final feasibility study on the one million new homes in Egypt, said Egyptian housing minister. Wed, 03 Dec 2014 08:50:36 GMT Amwal Alghad ZAWYA20141203072633 Open Egypt: private insurance funds' total assets EGP44bn http://www.zawya.com/story/Egypt_private_insurance_funds_total_assets_EGP44bn-ZAWYA20141203072151/ In Egypt, the total assets of the private insurance funds currently stand at EGP 44 billion, said head of the country's market regulator. Wed, 03 Dec 2014 08:49:05 GMT Amwal Alghad ZAWYA20141203072151 Open Egypt's public prosecutor appeals Mubarak verdict, cites flaws http://www.zawya.com/story/Egypts_public_prosecutor_appeals_Mubarak_verdict_cites_flaws-TR20141202nL6N0TM1KAX3/ Egypt's public prosecutor ordered an appeal on Tuesday against a court decision to drop charges against former president Hosni Mubarak, his interior minister and six aides over the killing of protesters in a 2011 uprising. Wed, 03 Dec 2014 05:57:19 GMT Reuters TR20141202nL6N0TM1KAX3 Open Egyptian court sentences 185 to death for attack on police http://www.zawya.com/story/Egyptian_court_sentences_185_to_death_for_attack_on_police-TR20141202nL6N0TM4BEX2/ An Egyptian judge sentenced 185 Muslim Brotherhood supporters to death on Tuesday over an attack on a police station near Cairo last year in which 12 policemen were killed. Wed, 03 Dec 2014 05:01:17 GMT Reuters TR20141202nL6N0TM4BEX2 Open Egypt tourist numbers jump 70% in Q3 despite Sinai insurgency http://www.zawya.com/story/Egypt_tourist_numbers_jump_70_in_Q3_despite_Sinai_insurgency-TR20141202nL6N0TM3FIX2/ A total of 2.77 million tourists visited Egypt in the third quarter of 2013, official figures show, a jump of 70% compared to the same period last year despite an Islamist insurgency in North Sinai. Wed, 03 Dec 2014 04:24:33 GMT Reuters TR20141202nL6N0TM3FIX2 Open Egypt's public prosecutor appeals Mubarak verdict, cites flaws http://www.zawya.com/story/Egypts_public_prosecutor_appeals_Mubarak_verdict_cites_flaws-TR20141202nL6N0TM1GAX2/ Egypt's public prosecutor appealed on Tuesday against a court decision to drop charges against former President Hosni Mubarak, his interior minister and six aides over the killing of protesters in the 2011 uprising, citing flaws in the ruling. Tue, 02 Dec 2014 09:47:42 GMT Reuters TR20141202nL6N0TM1GAX2 Open Saudi tourists to Egypt skyrocket by 64.9% in 10 months http://www.zawya.com/story/Saudi_tourists_to_Egypt_skyrocket_by_649_in_10_months-ZAWYA20141201052715/ Saudi Arabia recorded a an increase of 98.1% in the number of tourists visiting Egypt in October 2014, number of Saudi tourists increased by 64.9 percent during the first ten months of 2014 to 292,239. Tue, 02 Dec 2014 06:41:22 GMT The Saudi Gazette ZAWYA20141201052715 Open Egyptian militants say killed American oil engineer http://www.zawya.com/story/Egyptian_militants_say_killed_American_oil_engineer-TR20141201nL6N0TL05IX2/ Egypt's deadliest militant group said it was behind the killing of an American petroleum engineer whose body was found in a car in a desert region almost four months ago. Tue, 02 Dec 2014 04:37:18 GMT Reuters TR20141201nL6N0TL05IX2 Open Egypt Tenders EGP1.7bn Insurance Policy for West Damietta Power Plant http://www.zawya.com/story/Egypt_Tenders_EGP17bn_Insurance_Policy_for_West_Damietta_Power_Plant-ZAWYA20141201070631/ Egyptian Ministry of Electricity launched a tender of an insurance policy at total value of EGP 1.7 billion for West Damietta Power Plant Extension Project - Phase II. Mon, 01 Dec 2014 08:59:18 GMT Amwal Alghad ZAWYA20141201070631 Open AlexBank Signs in Rome MoU to Support Egypt's SMEs http://www.zawya.com/story/AlexBank_Signs_in_Rome_MoU_to_Support_Egypts_SMEs-ZAWYA20141201070337/ AlexBank - a member of Intesa Sanpaolo Italian banking group - signed a Memorandum of Understanding on industrial cooperation and promotion to promote the SME sector in Egypt. Mon, 01 Dec 2014 08:53:47 GMT Amwal Alghad ZAWYA20141201070337 Open Mideast firms to increase debt component to fund growth http://www.zawya.com/story/Mideast_firms_to_increase_debt_component_to_fund_growth-GN_30112014_011212/ Middle East firms’ plans to increase debt-to-capital have more than doubled, whereby 58% of MENA businesses expect to avail more debt-to-fund growth, according an EY Capital Confidence Survey. Mon, 01 Dec 2014 05:24:16 GMT Gulf News GN_30112014_011212 Open NBAD joins alliance to provide USD1.5b loan to Egypt General Petroleum http://www.zawya.com/story/NBAD_joins_alliance_to_provide_USD15b_loan_to_Egypt_General_Petroleum-GN_30112014_011250/ National Bank of Abu Dhabi, HSBC and National Bank of Egypt arranged a USD 1.5 billion syndicated three-year loan to the Egyptian General Petroleum Corporation. Mon, 01 Dec 2014 05:18:24 GMT Gulf News GN_30112014_011250 Open Muslim Brotherhood leaders jailed for insulting court a day after Mubarak verdict http://www.zawya.com/story/Muslim_Brotherhood_leaders_jailed_for_insulting_court_a_day_after_Mubarak_verdict-TR20141130nL6N0TK0NHX2/ An Egyptian judge sentenced the leader of the outlawed Muslim Brotherhood and 25 others to three years in jail for insulting the court. Mon, 01 Dec 2014 04:59:53 GMT Reuters TR20141130nL6N0TK0NHX2 Open Mubarak verdict fuels protests, mockery in Egypt http://www.zawya.com/story/Mubarak_verdict_fuels_protests_mockery_in_Egypt-TR20141130nL6N0TK0FFX2/ Protests erupted at universities across Egypt, condemning a court decision to drop criminal charges against Hosni Mubarak. Sun, 30 Nov 2014 14:10:47 GMT Reuters TR20141130nL6N0TK0FFX2 Open Egyptian court drops case against Mubarak over 2011 protester deaths http://www.zawya.com/story/Egyptian_court_drops_case_against_Mubarak_over_2011_protester_deaths-TR20141129nL6N0TJ032X2/ An Egyptian court on Saturday dropped its case against ousted President Hosni Mubarak, his interior minister and six aides on charges of ordering the killing of protesters during the 2011 revolt that removed him from power. Sat, 29 Nov 2014 10:02:10 GMT Reuters TR20141129nL6N0TJ032X2 Open Three dead in attack and Islamist protests in Egypt http://www.zawya.com/story/Three_dead_in_attack_and_Islamist_protests_in_Egypt-TR20141128nL6N0TI2RSX5/ Three people including an army general were killed and at least 28 wounded on Friday in militant attacks, some claimed by a group loyal to Islamic State, and clashes at Islamist protests around Egypt, security sources and health officials said. Sat, 29 Nov 2014 05:23:56 GMT Reuters TR20141128nL6N0TI2RSX5 Open Banks to arrange USD1.5bn loan for Egypt to repay foreign energy firms http://www.zawya.com/story/Banks_to_arrange_USD15bn_loan_for_Egypt_to_repay_foreign_energy_firms-TR20141128nL6N0TI4EIX2/ HSBC, National Bank of Egypt and National Bank of Abu Dhabi will arrange a USD 1.5 billion syndicated loan to Egypt's state oil company in order for the country to pay back foreign energy companies, a statement from the banks said. Sat, 29 Nov 2014 05:08:14 GMT Reuters TR20141128nL6N0TI4EIX2 Subscription Egypt pays back USD2.5bn deposit to Qatar - central bank official http://www.zawya.com/story/Egypt_pays_back_USD25bn_deposit_to_Qatar__central_bank_official-TR20141128nL6N0TI4FGX3/ Egypt has paid back USD 2.5 billion that Qatar deposited with it to help prop up the Egyptian central bank's hard currency reserves, a central bank official said, as the Qatari foreign minister arrived in Cairo for Arab League talks. Sat, 29 Nov 2014 04:58:25 GMT Reuters TR20141128nL6N0TI4FGX3 Open Arab Bank opens its 31st branch in Egypt http://www.zawya.com/story/Arab_Bank_opens_its_31st_branch_in_Egypt-ZAWYA20141127150439/ Arab Bank has recently inaugurated a new branch, located in Egypt's Sixth of October City, increasing total number of branches in the country to 31. Fri, 28 Nov 2014 08:19:36 GMT Amwal Alghad ZAWYA20141127150439 Open Egypt's EALB in talks with 5 Gulf firms to market its property assets http://www.zawya.com/story/Egypts_EALB_in_talks_with_5_Gulf_firms_to_market_its_property_assets-ZAWYA20141127150506/ Egyptian Arab Land Bank (EALB) is currently negotiating with the major 5 UAE and Saudi Arabia firms in order to marketing its real estate assets abroad, said Adnan El-Sharkawy, deputy chairman. Fri, 28 Nov 2014 08:18:07 GMT Amwal Alghad ZAWYA20141127150506 Open Kuwait, Egypt total trade volume hits USD3.2m in 2014 http://www.zawya.com/story/Kuwait_Egypt_total_trade_volume_hits_USD32m_in_2014-ZAWYA20141127150658/ The total trade volume between Kuwait and Egypt has recorded USD 3.2 million in 2014. Fri, 28 Nov 2014 08:17:02 GMT Amwal Alghad ZAWYA20141127150658 Open Mobinil, Ericsson expand partnership to enhance network capabilities http://www.zawya.com/story/Mobinil_Ericsson_expand_partnership_to_enhance_network_capabilities-ZAWYA20141127150729/ Ericsson has been chosen by Mobinil to enhance the Egyptian telecommunication company's network providing improved data services to its subscribers. Fri, 28 Nov 2014 08:15:56 GMT Amwal Alghad ZAWYA20141127150729 Open Arabtec to confirm Egypt project prices in a few weeks http://www.zawya.com/story/Arabtec_to_confirm_Egypt_project_prices_in_a_few_weeks-GN_27112014_281150/ Arabtec Holding is conducting the final feasibility studies of its long delayed housing project in Egypt, and may finalise prices in a few weeks, the Egyptian housing minister said. Fri, 28 Nov 2014 06:56:40 GMT Gulf News GN_27112014_281150 Open Egypt's Qalaa to issue shares by May for swap, restructuring http://www.zawya.com/story/Egypts_Qalaa_to_issue_shares_by_May_for_swap_restructuring-TR20141127nL6N0TH2O0X2/ Egypt's Qalaa Holding will issue shares worth 4 billion Egyptian pounds (USD 560 million) by May 2015 to advance a major restructuring of the loss-making investment fund, a company official said. Fri, 28 Nov 2014 06:12:22 GMT Reuters TR20141127nL6N0TH2O0X2 Subscription Egypt keeps key interest rates steady, eyes risks to growth http://www.zawya.com/story/Egypt_keeps_key_interest_rates_steady_eyes_risks_to_growth-TR20141127nL6N0TH389X2/ Egypt's central bank held its main interest rates steady at a policy meeting on Thursday but said softening growth in emerging markets and mounting concerns about the global economy could pose a threat to the country's nascent recovery. Fri, 28 Nov 2014 05:49:17 GMT Reuters TR20141127nL6N0TH389X2 Open UAE's Dana Gas in talks with Egypt over revising gas prices http://www.zawya.com/story/UAEs_Dana_Gas_in_talks_with_Egypt_over_revising_gas_prices-TR20141127nL6N0TH1L5X2/ United Arab Emirates-based Dana Gas said it was in talks with the Egyptian government to secure a higher price for some of the natural gas it extracts, as the North African country moves to encourage investment in energy. Thu, 27 Nov 2014 10:59:17 GMT Reuters TR20141127nL6N0TH1L5X2 Subscription 700 bridges, 75% of roads in Egypt face danger of collapse- official http://www.zawya.com/story/700_bridges_75_of_roads_in_Egypt_face_danger_of_collapse_official-ZAWYA20141127070142/ In Egypt, around 700 bridges of a total of 1706 nationwide are on the brink of collapse, said an official from the state's road and bridges authority, Saad Al Goyoushi, adding that 75% of Egypt's roads need urgent maintenance as they are subject to collapse. Thu, 27 Nov 2014 09:06:58 GMT Amwal Alghad ZAWYA20141127070142 Open Egypt housing project talks slowed by Arabtec board changes-minister http://www.zawya.com/story/Egypt_housing_project_talks_slowed_by_Arabtec_board_changesminister-TR20141127nL6N0TH0I8X2/ Negotiations to implement a USD 40 billion scheme for one million new homes in Egypt have been slowed by board changes at the Dubai-based contractor Arabtec Holding, Egypt's housing minister said. Thu, 27 Nov 2014 08:12:21 GMT Reuters TR20141127nL6N0TH0I8X2 Open Egyptian snack maker Edita plans USD200m stock market listing http://www.zawya.com/story/Egyptian_snack_maker_Edita_plans_USD200m_stock_market_listing-TR20141126nL6N0TG2CQX2/ Egyptian cake and biscuit maker Edita Food Industries plans to list its shares on the Egyptian stock exchange early next year, tapping into a revival of investor interest in the Cairo bourse. Thu, 27 Nov 2014 07:45:34 GMT Reuters TR20141126nL6N0TG2CQX2 Subscription Qatar-Egypt detente urged http://www.zawya.com/story/QatarEgypt_detente_urged-ZAWYA20141127031558/ National Guard Minister Prince Miteb bin Abdullah returned to Riyadh on Wednesday following a visit to the United States where he met with President Barack Obama and senior US officials and discussed prospects of strengthening military cooperation. Thu, 27 Nov 2014 06:07:11 GMT Arab News ZAWYA20141127031558 Open 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-TR20141126nL6N0TG3F5X2/ Egypt opened the Rafah border crossing on Wednesday for the first time in a month to allow thousands of stranded Palestinians to return to the Gaza Strip, border officials said. Thu, 27 Nov 2014 05:19:55 GMT Reuters TR20141126nL6N0TG3F5X2 Open Egyptian inquiry into political violence seeks changes to protest law http://www.zawya.com/story/Egyptian_inquiry_into_political_violence_seeks_changes_to_protest_law-TR20141126nL6N0TG40NX2/ An Egyptian committee investigating political violence made a rare break on Wednesday with judicial support for heavy-handed state tactics, recommending the government should amend a law restricting protest. Thu, 27 Nov 2014 05:06:39 GMT Reuters TR20141126nL6N0TG40NX2 Open