Zawya.com - Egypt Top Stories http://www.zawya.com/top-stories/rss/egypt/ en-us Copyright 2013 Zawya Ltd. All rights reserved. Sat, 25 May 2013 18:17:29 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 Is gold still a good investment? http://www.zawya.com/story/Is_gold_still_a_good_investment-GN_25052013_260511/ Gold has always been considered a safe haven for investments. When the markets crumbled in the past, investors ran to it for shelter. However, when this asset of last resort suddenly loses its luster, investors change their tack. Sun, 26 May 2013 04:56:47 GMT Gulf News GN_25052013_260511 Open More people buy gold bars, coins, jewelry http://www.zawya.com/story/More_people_buy_gold_bars_coins_jewelry-GN_25052013_260510/ While investors are dumping “paper gold” in the form of exchange traded funds, people have shown an increased appetite for the physical metal. Sun, 26 May 2013 04:53:54 GMT Gulf News GN_25052013_260510 Open Arab spring nations face delayed economic recovery -IMF http://www.zawya.com/story/Arab_spring_nations_face_delayed_economic_recovery_IMF-TR20130525nL5N0E60N53/ Arab spring countries face rising social tensions that could thwart an early economic recovery from over two years of political turmoil that has worsened fiscal pressures and threatens macroeconomic stability, a senior IMF official said on Saturday. Sun, 26 May 2013 04:24:27 GMT Reuters TR20130525nL5N0E60N53 Open International Finance Corp plans USD400m SME lending facility in MENA http://www.zawya.com/story/International_Finance_Corp_plans_USD400m_SME_lending_facility_in_MENA-ZW20130525000083/ International Finance Corp, a unit of the World Bank, is launching with several partners an investment facility worth up to USD 400 million for the Middle East and North Africa as it tries to spur lending to the region's large pool of small-and-medium-sized businesses, its chief executive said. Sat, 25 May 2013 12:06:24 GMT Zawya Dow Jones News ZW20130525000083 Open Egypt to return taxes collected from Qatar bank deal http://www.zawya.com/story/Egypt_to_return_taxes_collected_from_Qatar_bank_deal-TR20130525nL5N0E606F2/ Egypt will refund taxes collected from Qatar National Bank acquisition of National Societe Generale Bank to shareholders on Sunday, an official from a clearing company told Reuters. Sat, 25 May 2013 12:01:45 GMT Reuters TR20130525nL5N0E606F2 Open Egypt to issue smart cards to fuel stations next month http://www.zawya.com/story/Egypt_to_issue_smart_cards_to_fuel_stations_next_month-TR20130523nL6N0E42KY2/ Egypt will begin using smart cards in the next few weeks to distribute gasoline and diesel, Oil Minister Sherif Haddara said on Thursday, in a step towards meeting IMF terms for a loan. Fri, 24 May 2013 08:31:46 GMT Reuters TR20130523nL6N0E42KY2 Open Egyptian official: importing crude oil from Iraq to take long time http://www.zawya.com/story/Egyptian_official_importing_crude_oil_from_Iraq_to_take_long_time-ZAWYA20130524060857/ Egypt announced that the measures taken with Iraq to import the crude oil from it will take long time. Fri, 24 May 2013 06:38:45 GMT All Iraq News ZAWYA20130524060857 Open Mena power projects threatened by poor funding http://www.zawya.com/story/Mena_power_projects_threatened_by_poor_funding-ZAWYA20130523043020/ Power generation projects in the Middle East and North Africa (Mena) are facing obstacles because of poor funding resources given the huge costs of such ventures, according to an Arab government group. Thu, 23 May 2013 04:31:57 GMT Emirates 24|7 ZAWYA20130523043020 Open Middle East struggling to provide work for youth, says IMF report http://www.zawya.com/story/Middle_East_struggling_to_provide_work_for_youth_says_IMF_report-ZAWYA20130522045706/ The Middle East has hit a brick wall in its efforts to provide jobs for its rapidly expanding number of young unemployed. Wed, 22 May 2013 15:02:06 GMT 7Days ZAWYA20130522045706 Open Egypt plans ration cards for fuel by September-oil minster http://www.zawya.com/story/Egypt_plans_ration_cards_for_fuel_by_Septemberoil_minster-ZW20130521000050/ Egypt, which needs to cut government expenditure, plans to introduce ration cards for subsidized fuel by September, the country's new oil minister Sherif Haddara said Tuesday. Tue, 21 May 2013 13:46:04 GMT Zawya Dow Jones News ZW20130521000050 Open Egypt tourist arrivals rise, not back to pre-revolt levels http://www.zawya.com/story/Egypt_tourist_arrivals_rise_not_back_to_prerevolt_levels-TR20130521nL6N0E21MH2/ The number of tourists visiting Egypt rose in the first four months of 2012, the cabinet said on Tuesday, but analysts say the sector is still suffering from the aftermath of the country's 2011 uprising. Tue, 21 May 2013 12:56:53 GMT Reuters TR20130521nL6N0E21MH2 Open Middle East construction dispute values fall 42% y-o-y http://www.zawya.com/story/Middle_East_construction_dispute_values_fall_42_yoy-ZAWYA20130521031607/ Even though construction disputes in the Middle East have dropped by 42% to USD 65 million in 2012 from USD 112.5 million in 2011, the value remains the highest in the world. Tue, 21 May 2013 04:34:27 GMT Emirates 24|7 ZAWYA20130521031607 Open Egyptian army sends tanks to Sinai after kidnapping http://www.zawya.com/story/Egyptian_army_sends_tanks_to_Sinai_after_kidnapping-TR20130520nL6N0E10YP2/ The Egyptian army has sent tanks across the Suez canal to the Sinai peninsula, where Islamist gunmen kidnapped seven soldiers and policemen last week, state daily al-Ahram said. Mon, 20 May 2013 09:13:19 GMT Reuters TR20130520nL6N0E10YP2 Open Egypt appoints new CEO for state-owned oil firm http://www.zawya.com/story/Egypt_appoints_new_CEO_for_stateowned_oil_firm-ZW20130520000031/ Egypt's oil ministry Monday named Tarek El-Barkatawy chief executive of state-owned Egyptian General Petroleum Corp., or EGPC, at a time when the country is facing a severe fuel shortage. Mon, 20 May 2013 07:49:08 GMT Zawya Dow Jones News ZW20130520000031 Open Unlikely alliance to oppose Egypt's rulers http://www.zawya.com/story/Unlikely_alliance_to_oppose_Egypts_rulers-ZW20130519000063/ Two ideologically opposed Egyptian political groups are banding together to check the ruling Muslim Brotherhood's growing power and challenge it in the coming parliamentary elections. Mon, 20 May 2013 05:03:39 GMT Zawya Dow Jones News ZW20130519000063 Open Egyptian police block Israel border crossing in fury at kidnapping -sources http://www.zawya.com/story/Egyptian_police_block_Israel_border_crossing_in_fury_at_kidnapping_sources-TR20130519nL6N0E00742/ Egyptian police enraged by the kidnapping of seven of their colleagues by Islamist gunmen in the Sinai Peninsula blocked a commercial border crossing with Israel on Sunday, security sources said. Sun, 19 May 2013 12:18:20 GMT Reuters TR20130519nL6N0E00742 Open Egypt's opposition attacks Brotherhood-backed NGO draft law http://www.zawya.com/story/Egypts_opposition_attacks_Brotherhoodbacked_NGO_draft_law-TR20130518nL6N0DZ0BQ2/ Egypt's main opposition bloc said on Saturday that a Muslim Brotherhood-backed bill to regulate human rights groups and other private organisations was an attempt to stifle their work. Sun, 19 May 2013 06:00:45 GMT Reuters TR20130518nL6N0DZ0BQ2 Open One dead, dozens wounded in sectarian clashes in Egypt http://www.zawya.com/story/One_dead_dozens_wounded_in_sectarian_clashes_in_Egypt-TR20130518nL6N0DZ0072/ One person died and dozens were wounded during clashes between Muslims and Christians late Friday night outside a Coptic church in Egypt's second city. Sun, 19 May 2013 05:59:01 GMT Reuters TR20130518nL6N0DZ0072 Open Mobile advertising must catch up in region http://www.zawya.com/story/Mobile_advertising_must_catch_up_in_region-GN_18052013_190536/ We are stepping into a world where smartphones and tablets outsell PCs. While regional advertisers are aware that the industry is going ‘mobile’, spend on digital advertising is still low, according to a recent report by global consulting firm Deloitte. Sun, 19 May 2013 04:56:13 GMT Gulf News GN_18052013_190536 Open Lulu ranked third most impactful company in Arab world by Forbes http://www.zawya.com/story/Lulu_ranked_third_most_impactful_company_in_Arab_world_by_Forbes-ZAWYA20130519034347/ LULU Hypermarket Group has been ranked 3rd in the prestigious "Forbes Top 100 companies" making an Impact in the Arab World. Lulu is the only Indian company to be featured in the Top 10. Sun, 19 May 2013 04:19:07 GMT The Saudi Gazette ZAWYA20130519034347 Open Enraged by kidnapping, Egyptian police block Gaza border http://www.zawya.com/story/Enraged_by_kidnapping_Egyptian_police_block_Gaza_border-TR20130518nL6N0DZ06Z2/ Egyptian police angered by the kidnapping of seven colleagues by Islamist gunmen kept a crossing into the Gaza Strip closed again on Saturday, stranding hundreds of Palestinian travellers, witnesses said. Sat, 18 May 2013 11:28:31 GMT Reuters TR20130518nL6N0DZ06Z2 Open Has the developed world gone ex-growth? http://www.zawya.com/story/Has_the_developed_world_gone_exgrowth-ZAWYA20130516093206/ Emerging markets have become the engines of global growth as their global influence increases, leaving developed markets in their shade, according to HSBC Global Asset Management. Thu, 16 May 2013 09:55:49 GMT Press Release ZAWYA20130516093206 Open Militants kidnap 7 Egyptian security officers in Sinai -sources http://www.zawya.com/story/Militants_kidnap_7_Egyptian_security_officers_in_Sinai_sources-TR20130516nL6N0DX02L3/ A group of anonymous militants kidnapped early on Thursday seven Egyptian security officers in the lawless Sinai Peninsula, near the borders with Israel, security and Bedouin sources said. Thu, 16 May 2013 09:22:55 GMT Reuters TR20130516nL6N0DX02L3 Open Egypt militants planned to hit US and French embassies -MENA http://www.zawya.com/story/Egypt_militants_planned_to_hit_US_and_French_embassies_MENA-TR20130515nL6N0DW5952/ An al Qaeda-linked militant cell detained in Egypt was planning suicide attacks on the French and U.S. embassies, the state news agency MENA reported. Thu, 16 May 2013 08:17:06 GMT Reuters TR20130515nL6N0DW5952 Open President wants Egypt to stop importing wheat within four years http://www.zawya.com/story/President_wants_Egypt_to_stop_importing_wheat_within_four_years-TR20130515nL6N0DW5JX5/ Egypt, the world's top wheat importer, wants to stop importing wheat within four years and rely on its growing local production, President Mohamed Mursi said. Thu, 16 May 2013 07:55:23 GMT Reuters TR20130515nL6N0DW5JX5 Open Total buys Shell's retail network in Egypt http://www.zawya.com/story/Total_buys_Shells_retail_network_in_Egypt-ZW20130515000107/ French oil company Total SA confirmed it acquired Royal Dutch Shell PLC's fuel retail network in Egypt as part of its strategy to strengthen its distribution position in the country and wider region. Thu, 16 May 2013 06:33:54 GMT Zawya Dow Jones News ZW20130515000107 Open Anti-Mubarak group vows to topple Mursi http://www.zawya.com/story/AntiMubarak_group_vows_to_topple_Mursi-GN_15052013_160554/ The April 6 movement, which was a driving force behind the toppling of Hosni Mubarak more than two years ago, will pursue a “full peaceful struggle” to bring down his Islamist successor, a senior member of the group told Gulf News. Thu, 16 May 2013 04:11:43 GMT Gulf News GN_15052013_160554 Open Egypt says disputes with Dubai's DAMAC are resolved http://www.zawya.com/story/Egypt_says_disputes_with_Dubais_DAMAC_are_resolved-TR20130515nL6N0DW4PL2/ Egypt said on Wednesday it had settled disputes with the Dubai-based developer DAMAC involving projects dating back to the Mubarak era - an agreement the government hopes will reassure prospective investors. Thu, 16 May 2013 04:03:46 GMT Reuters TR20130515nL6N0DW4PL2 Open President wants Egypt to stop importing wheat within four years http://www.zawya.com/story/President_wants_Egypt_to_stop_importing_wheat_within_four_years-TR20130515nL6N0DW5JX2/ Egypt, the world's top wheat importer, wants to stop importing wheat within four years and rely on its growing local production, president Mohamed Mursi said on Wednesday. Thu, 16 May 2013 04:02:08 GMT Reuters TR20130515nL6N0DW5JX2 Open Forbes Middle East presents Top 500 Companies in the Arab World and Top 100 Making an Impact http://www.zawya.com/story/Forbes_Middle_East_presents_Top_500_Companies_in_the_Arab_World_and_Top_100_Making_an_Impact-ZAWYA20130515104500/ Forbes Middle East hosted a prestigious event at Ritz Carton, Abu Dhabi on Tuesday, May 14, 2013 in recognition of The Top 500 Companies in the Arab World and The Top 100 Making an Impact. Wed, 15 May 2013 11:08:13 GMT Press Release ZAWYA20130515104500 Open Islamists to counter anti-Mursi campaign http://www.zawya.com/story/Islamists_to_counter_antiMursi_campaign-GN_14052013_150532/ Islamist allies of president Mohammad Mursi have said they will launch a campaign to collect endorsements for him to stay in office, countering a drive by opponents demanding early presidential elections. Wed, 15 May 2013 05:15:43 GMT Gulf News GN_14052013_150532 Open MAF may complete Metro supermarket deal in weeks http://www.zawya.com/story/MAF_may_complete_Metro_supermarket_deal_in_weeks-ZAWYA20130515043101/ Majid Al Futtaim (MAF) Holding expects to complete in a "few weeks" talks with Egypt's Mansour Group for the acquisition of its Metro supermarket chain, said an official at the Dubai-based company also known as MAF. Wed, 15 May 2013 04:41:59 GMT Times of Oman ZAWYA20130515043101 Open Egypt's Citadel signs deal to build fuel bunkering terminal http://www.zawya.com/story/Egypts_Citadel_signs_deal_to_build_fuel_bunkering_terminal-ZW20130514000040/ Egyptian private equity firm Citadel Capital said Tuesday its subsidiary Mashreq Petroleum has signed a 25-year concession agreement with the East Port Said Port Authority to build Egypt's first independent tank terminal. Tue, 14 May 2013 12:34:00 GMT Zawya Dow Jones News ZW20130514000040 Open Five Arab nations, Turkey see no role for Assad in future Syria http://www.zawya.com/story/Five_Arab_nations_Turkey_see_no_role_for_Assad_in_future_Syria-ZW20130514000028/ Five Arab countries and Turkey have reiterated that President Bashar al-Assad should have no role in the future of Syria, as Russia and the U.S. proposed a peace conference. Tue, 14 May 2013 09:27:26 GMT Zawya Dow Jones News ZW20130514000028 Open Telecom Egypt to launch mobile services in July, grow wholesale revenues - Exec http://www.zawya.com/story/Telecom_Egypt_to_launch_mobile_services_in_July_grow_wholesale_revenues__Exec-ZW20130514000026/ Telecom Egypt is set to launch mobile services in July, building on its fixed line offering, despite slowing business activity and a weak economic environment in the North African country. Tue, 14 May 2013 09:22:56 GMT Zawya Dow Jones News ZW20130514000026 Open IFC's investment in Mena region hits USD2.9bn http://www.zawya.com/story/IFCs_investment_in_Mena_region_hits_USD29bn-ZAWYA20130514045459/ International Finance Corporation's (IFC) total investment in the Middle East and North Africa (Mena) region for the fiscal year ending June, 2012 touched USD 2.9 billion. Tue, 14 May 2013 06:25:51 GMT Times of Oman ZAWYA20130514045459 Open Egyptian assembly approves higher taxes on the wealthy http://www.zawya.com/story/Egyptian_assembly_approves_higher_taxes_on_the_wealthy-TR20130513nL6N0DU2Z32/ Egypt's parliament approved a new income tax law on Monday that will increase levies paid by the wealthy and by companies but reduce it for people in lower income brackets. Tue, 14 May 2013 03:53:22 GMT Reuters TR20130513nL6N0DU2Z32 Open Appeals court frees 6 backers of black-clad Egypt protest group http://www.zawya.com/story/Appeals_court_frees_6_backers_of_blackclad_Egypt_protest_group-TR20130513nL6N0DU23Z2/ A Cairo court quashed the convictions of six men accused of attacking police and damaging property during protests against Egyptian President Mohamed Mursi and freed them on Monday, judicial sources said. Tue, 14 May 2013 03:51:10 GMT Reuters TR20130513nL6N0DU23Z2 Open Middle East property giants advised to take steps now to avoid repeat of previous plunge http://www.zawya.com/story/Middle_East_property_giants_advised_to_take_steps_now_to_avoid_repeat_of_previous_plunge-ZAWYA20130513043416/ Prices are on the rise, cranes are on the up, and buyers are battling each other for a bargain again - but has the Middle East real estate scene learned the lessons of the last crash? Mon, 13 May 2013 05:13:36 GMT 7Days ZAWYA20130513043416 Open New SARS-like virus can probably pass person-to-person http://www.zawya.com/story/New_SARSlike_virus_can_probably_pass_persontoperson-TR20130512nL6N0DT0EK4/ World Health Organisation (WHO) officials said on Sunday it seemed likely a new coronavirus that has killed at least 18 people in the Middle East and Europe could be passed between humans, but only after prolonged contact. Mon, 13 May 2013 04:26:20 GMT Reuters TR20130512nL6N0DT0EK4 Open Egyptian lawyer denies that Mubarak spoke to paper http://www.zawya.com/story/Egyptian_lawyer_denies_that_Mubarak_spoke_to_paper-TR20130512nL2N0DT04P2/ A lawyer representing former Egyptian president Hosni Mubarak denied on Sunday that his client had spoken to a newspaper, describing as a fabrication reports that he had said it was too early to judge Mohamed Mursi's performance as president. Sun, 12 May 2013 13:30:21 GMT Reuters TR20130512nL2N0DT04P2 Subscription New virus can probably pass person to person- WHO http://www.zawya.com/story/New_virus_can_probably_pass_person_to_person_WHO-TR20130512nL6N0DT0EK2/ The World Health Organisation (WHO) said on Sunday it appeared likely that the novel coronavirus, which has killed 18 people in the Middle East and Europe, could be passed between people in close contact. Sun, 12 May 2013 11:45:51 GMT Reuters TR20130512nL6N0DT0EK2 Open 'Full, free' trade agreement can enhance inter-Arab ties http://www.zawya.com/story/Full_free_trade_agreement_can_enhance_interArab_ties-ZAWYA20130512035325/ The full implementation of the Greater Arab Free Trade Area (Gafta) has the potential of achieving greater economic integration, QNB has said in an analysis. Sun, 12 May 2013 05:58:20 GMT Gulf Times ZAWYA20130512035325 Open Egypt's Mubarak says too early to judge Mursi http://www.zawya.com/story/Egypts_Mubarak_says_too_early_to_judge_Mursi-TR20130511nL6N0DS0YU2/ Former Egyptian leader Hosni Mubarak said it was too early to judge President Mohamed Mursi, saying the Islamist politician faced a difficult job, in comments billed as his first interview since his removal from power in 2011. Sun, 12 May 2013 04:01:49 GMT Reuters TR20130511nL6N0DS0YU2 Open Egypt says thwarts suicide attack on foreign embassy http://www.zawya.com/story/Egypt_says_thwarts_suicide_attack_on_foreign_embassy-TR20130511nL6N0DS0FT3/ Egyptian security forces have uncovered and caught an al Qaeda-linked militant group that was on the verge of carrying out a suicide attack against a foreign embassy in the country. Sat, 11 May 2013 13:52:14 GMT Reuters TR20130511nL6N0DS0FT3 Open Egypt confident on IMF deal, timing of next visit unsure -min http://www.zawya.com/story/Egypt_confident_on_IMF_deal_timing_of_next_visit_unsure_min-TR20130511nL6N0DS07G2/ Egypt's new planning minister said he was confident the country would reach a deal with the IMF on a USD 4.8 billion loan programme, although the timing of its next visit to Cairo was unclear. Sat, 11 May 2013 09:46:15 GMT Reuters TR20130511nL6N0DS07G2 Open Egypt 2012/13 budget deficit seen at around 11.5%- minister http://www.zawya.com/story/Egypt_201213_budget_deficit_seen_at_around_115_minister-TR20130511nL6N0DS03M3/ Egypt's budget deficit will be around EGP 200 billion(USD 28.75 billion), equivalent to 11.5% of national output, in the 2012/13 year to the end of June. Sat, 11 May 2013 09:16:47 GMT Reuters TR20130511nL6N0DS03M3 Open Progress on wheat http://www.zawya.com/story/Progress_on_wheat-ZAWYA20130510152335/ Egypt's wheat harvest seems to be progressing more efficiently than usual this year, reports Mona El-Fiqi. Sat, 11 May 2013 08:10:36 GMT Al Ahram Weekly ZAWYA20130510152335 Subscription Egypt's Mubarak faces new trial over protester deaths http://www.zawya.com/story/Egypts_Mubarak_faces_new_trial_over_protester_deaths-ZW20130511000002/ A fresh retrial of Egypt's former President Hosni Mubarak over his role in the deaths of protesters in 2011 was set to begin Saturday in Cairo, after the judge recused himself in a previous hearing. Sat, 11 May 2013 06:21:40 GMT Zawya Dow Jones News ZW20130511000002 Open Business confidence in Mena improves http://www.zawya.com/story/Business_confidence_in_Mena_improves-GN_09052013_100572/ Chief executives in the Middle East and North Africa (Mena) region are seeing a ray of sunshine while most of the world is covered in gloom. Fri, 10 May 2013 14:05:18 GMT Gulf News GN_09052013_100572 Subscription Centamin says Egyptian authority's report on Sukari not positive http://www.zawya.com/story/Centamin_says_Egyptian_authoritys_report_on_Sukari_not_positive-TR20130510nL3N0DR1FI2/ Gold miner Centamin Plc said the non-binding recommendations by the Egyptian State Commissioner's Office to the Supreme Administrative Court regarding a dispute over the Sukari mine were not positive. Fri, 10 May 2013 07:19:53 GMT Reuters TR20130510nL3N0DR1FI2 Open EU Mideast jet fuel imports can escape new duty http://www.zawya.com/story/EU_Mideast_jet_fuel_imports_can_escape_new_duty-TR20130509nL6N0DQ1VN2/ The European Union's jet fuel imports from the Middle East are likely to escape a tariff that would have raised prices from next year, thanks to a waiver, EU sources and traders said. Fri, 10 May 2013 06:21:12 GMT Reuters TR20130509nL6N0DQ1VN2 Open Egypt's 9-month budget deficit hits 10.1% of GDP http://www.zawya.com/story/Egypts_9month_budget_deficit_hits_101_of_GDP-TR20130509nL6N0DQ1ZW3/ Egypt's budget deficit in the nine months to March rose to 10.1% of gross domestic product, the finance minister said, in remarks carried by state news agency MENA on Thursday. Thu, 09 May 2013 12:39:42 GMT Reuters TR20130509nL6N0DQ1ZW3 Open Qatar to supply Egypt up to 24 LNG cargos in swap deal http://www.zawya.com/story/Qatar_to_supply_Egypt_up_to_24_LNG_cargos_in_swap_deal-ZW20130509000104/ OPEC member and gas-rich Qatar will supply Egypt with up to 24 cargos of liquefied natural gas starting May 28 as the North African country struggles to meet its domestic energy needs. Thu, 09 May 2013 12:23:36 GMT Zawya Dow Jones News ZW20130509000104 Open Egypt's urban inflation rises to 8.1% in April http://www.zawya.com/story/Egypts_urban_inflation_rises_to_81_in_April-TR20130509nL6N0DQ0JN2/ Egypt's urban consumer inflation rose to 8.1% in the 12 months to April, from 7.6% in the 12 months to March, statistics agency CAPMAS said. Thu, 09 May 2013 07:34:29 GMT Reuters TR20130509nL6N0DQ0JN2 Open Trip Advisor guru: Hotels must get used to being rated by guests http://www.zawya.com/story/Trip_Advisor_guru_Hotels_must_get_used_to_being_rated_by_guests-ZAWYA20130508050025/ Middle East hotels have been advised not to try and hide from their tough-talking customers by a senior figure at global travel review website Trip Advisor. Thu, 09 May 2013 04:54:00 GMT 7Days ZAWYA20130508050025 Open Middle East hotels ‘need to improve their presence on mobiles and tablets’ http://www.zawya.com/story/Middle_East_hotels_need_to_improve_their_presence_on_mobiles_and_tablets-GN_08052013_090522/ Despite the strong trust online customers in the Middle East have for brands, many of them fail to optimize their sites on mobile devices and tablets to boost browsing and transactions, according to Nigel Huddleston, industry head of travel at Google-UK. Thu, 09 May 2013 04:39:32 GMT Gulf News GN_08052013_090522 Open Egypt's new planning minister targets 2013/14 growth of 4.1% http://www.zawya.com/story/Egypts_new_planning_minister_targets_201314_growth_of_41-TR20130508nL6N0DP2M13/ Egypt's newly appointed Planning Minister Amr Darrag said on Wednesday that the government was targeting economic growth of 4.1% in the fiscal year that will begin on July 1. Wed, 08 May 2013 11:55:21 GMT Reuters TR20130508nL6N0DP2M13 Subscription Tourism in Middle East forecast to rise 4.2% this year http://www.zawya.com/story/Tourism_in_Middle_East_forecast_to_rise_42_this_year-ZAWYA20130508032648/ Travel and tourism are directly contributing USD 76.6 billion to the the gross domestic products (GDP) in the Middle East and is forecast to rise by 4.2% this year, Mark Walsh, portfolio director of Reed Travel Exhibitions. Wed, 08 May 2013 07:38:49 GMT The Saudi Gazette ZAWYA20130508032648 Open UAE most prominent point of origin for intercontinental journeys http://www.zawya.com/story/UAE_most_prominent_point_of_origin_for_intercontinental_journeys-ZAWYA20130508042931/ Saudi Arabia and the UAE have emerged as the leading countries in the Middle East in terms of air traffic volume while Qatar demonstrated the strongest growth. Wed, 08 May 2013 04:40:00 GMT Emirates 24|7 ZAWYA20130508042931 Open Cabinet revamp widens Egypt political divide http://www.zawya.com/story/Cabinet_revamp_widens_Egypt_political_divide-GN_07052013_080547/ The cabinet reshuffle unveiled on Tuesday will most likely prolong Egypt’s political dispute, according to politicians and analysts. Wed, 08 May 2013 03:56:22 GMT Gulf News GN_07052013_080547 Open Egypt aims to attract 200,000 Iranian tourists http://www.zawya.com/story/Egypt_aims_to_attract_200000_Iranian_tourists-GN_06052013_070555/ Egypt is aiming to attract 200,000 Iranian tourists who could generate revenues of USD 250 million a year initially if they come to Egypt but only amid tight security regulations. Tue, 07 May 2013 14:18:51 GMT Gulf News GN_06052013_070555 Subscription Egypt says Libyan and Iraqi oil to arrive next month http://www.zawya.com/story/Egypt_says_Libyan_and_Iraqi_oil_to_arrive_next_month-TR20130507nL6N0DO2UV3/ Egypt said on Tuesday it is expecting crude oil to start arriving next month from Libya and Iraq after those countries agreed to the shipments to help Cairo weather an economic crisis. Tue, 07 May 2013 14:05:20 GMT Reuters TR20130507nL6N0DO2UV3 Open Egypt to replace finance minister in reshuffle - cabinet source http://www.zawya.com/story/Egypt_to_replace_finance_minister_in_reshuffle__cabinet_source-TR20130507nL6N0DO1Q63/ Egypt's Prime Minister Hisham Kandil will remove Finance Minister Al-Mursi Al-Sayed Hegazy in a reshuffle expected to be completed later on Tuesday, a cabinet source said. Tue, 07 May 2013 08:51:18 GMT Reuters TR20130507nL6N0DO1Q63 Open How much is the salary of Iraqi prime minister Nuri al-Maliki? http://www.zawya.com/story/How_much_is_the_salary_of_Iraqi_prime_minister_Nuri_alMaliki-ZAWYA20130507044129/ A study conducted by a European university revealed that prime minister, Nuri al-Maliki earns the highest annual salary of all the presidents and kings of the world, while his Egyptian counterpart Mohamed Morsi earns the lowest salary. Tue, 07 May 2013 04:55:32 GMT Shafaq News ZAWYA20130507044129 Open Virus's toll In Saudi Arabia raises fears of faster spread http://www.zawya.com/story/Viruss_toll_In_Saudi_Arabia_raises_fears_of_faster_spread-ZW20130506000057/ Saudi Arabia's announcements in the past five days of seven new deaths from a SARS-like virus have heightened fears that the Mideast outbreak is entering a more-aggressive phase. Tue, 07 May 2013 04:09:18 GMT Zawya Dow Jones News ZW20130506000057 Open Egypt to stream live videos of tourism sites http://www.zawya.com/story/Egypt_to_stream_live_videos_of_tourism_sites-GN_05052013_060521/ Egypt will begin streaming live videos online from key tourist sites to show the “real picture of what is happening” in the country as it seeks to double its tourism revenues and visitors in 10 years, Egypt’s tourism minister said yesterday. Mon, 06 May 2013 06:12:30 GMT Gulf News GN_05052013_060521 Open Egypt, Arab League condemns Israel 'attacks' on Syria http://www.zawya.com/story/Egypt_Arab_League_condemns_Israel_attacks_on_Syria-ZW20130505000050/ Egypt Sunday condemned reported Israeli air strikes on Syria, with the Arab League also demanding that the United Nations Security Council act to stop what it called "Israeli attacks" against the war-torn country. Mon, 06 May 2013 05:05:53 GMT Zawya Dow Jones News ZW20130505000050 Open Egypt's prime minister unhurt by shooting near his car http://www.zawya.com/story/Egypts_prime_minister_unhurt_by_shooting_near_his_car-TR20130505nL6N0DM0Z25/ Egyptian police on Sunday detained a young man who opened fire on prime minister Hisham Kandil's convoy and his four companions in Cairo in an incident the authorities said had no political motive. Mon, 06 May 2013 03:56:29 GMT Reuters TR20130505nL6N0DM0Z25 Open Egyptian cabinet to be reshuffled by end of week http://www.zawya.com/story/Egyptian_cabinet_to_be_reshuffled_by_end_of_week-TR20130505nL6N0DM09M2/ The Egyptian cabinet will be reshuffled by the end of the week, a state-run newspaper reported, pointing to a delay in efforts to revamp a government widely criticised for failing to get the economy moving and to conclude a much-needed IMF loan deal. Sun, 05 May 2013 12:26:02 GMT Reuters TR20130505nL6N0DM09M2 Open Egypt's local wheat up 7 times from last year - PM http://www.zawya.com/story/Egypts_local_wheat_up_7_times_from_last_year__PM-TR20130504nL6N0DL08T2/ Egypt's purchase of local wheat during this harvest season is so far more than seven times the amount acquired in the same period last year, a state-run newspaper quoted prime minister Hisham Kandil on Saturday as saying. Sat, 04 May 2013 11:46:49 GMT Reuters TR20130504nL6N0DL08T2 Open Australia suspends live cattle exports to Egypt over video http://www.zawya.com/story/Australia_suspends_live_cattle_exports_to_Egypt_over_video-TR20130504nL3N0DL02H2/ Australian livestock exporters said on Saturday they were suspending live cattle exports to Egypt after a graphic video purportedly showed animal cruelty in Egyptian abattoirs and prompted Canberra to launch an investigation. Sat, 04 May 2013 08:42:30 GMT Reuters TR20130504nL3N0DL02H2 Open Qatar 'least infected' in Mideast in malicious software http://www.zawya.com/story/Qatar_least_infected_in_Mideast_in_malicious_software-ZAWYA20130503043328/ Qatar is the "least infected" country in the Middle East in terms of malicious software infections, Microsoft's Security Intelligence Report says. Sat, 04 May 2013 06:18:45 GMT Gulf Times ZAWYA20130503043328 Open Egyptian store offers a lifeline for stranded pedestrians http://www.zawya.com/story/Egyptian_store_offers_a_lifeline_for_stranded_pedestrians-GN_03052013_040502/ For three months, the life of Mohi Marwan, the owner of a central Cairo store, has been turned upside down. Sat, 04 May 2013 05:04:41 GMT Gulf News GN_03052013_040502 Open Egyptian billionaire Sawiris returns home to warm welcome http://www.zawya.com/story/Egyptian_billionaire_Sawiris_returns_home_to_warm_welcome-TR20130503nL6N0DK3Q52/ Egyptian billionaire Naguib Sawiris returned home on Friday, ending a self-imposed exile that began after the election of president Mohamed Mursi last year, and was warmly welcomed by a government grappling with an economic crisis. Sat, 04 May 2013 04:14:37 GMT Reuters TR20130503nL6N0DK3Q52 Open Tablets, smartphones to fuel Middle East digital advertising http://www.zawya.com/story/Tablets_smartphones_to_fuel_Middle_East_digital_advertising-GN_02052013_030564/ Digital advertising spend in the Middle East is expected to grow at an annual growth rate of 35% by 2015, fuelled by tablets and smartphones. Fri, 03 May 2013 05:19:18 GMT Gulf News GN_02052013_030564 Open Six ministers to change in Egypt cabinet reshuffle-state paper http://www.zawya.com/story/Six_ministers_to_change_in_Egypt_cabinet_reshufflestate_paper-TR20130501nL6N0DI2H42/ A limited cabinet reshuffle will see six ministers replaced in Egypt, state newspaper al-Ahram said on Thursday, citing government sources. Thu, 02 May 2013 09:36:45 GMT Reuters TR20130501nL6N0DI2H42 Open Egypt bank EFG Hermes to sell assets as Qatar deal fails http://www.zawya.com/story/Egypt_bank_EFG_Hermes_to_sell_assets_as_Qatar_deal_fails-TR20130501nL6N0DI1KP2/ EFG Hermes, one of the largest investment banks in the Middle East, plans to cut costs, sell non-core assets, and return cash to shareholders after a planned tie-up with Qatar's QInvest failed on Wednesday. Thu, 02 May 2013 09:35:45 GMT Reuters TR20130501nL6N0DI1KP2 Open Middle East carriers lead March passenger traffic growth: IATA http://www.zawya.com/story/Middle_East_carriers_lead_March_passenger_traffic_growth_IATA-GN_01052013_020515/ Middle East carriers experienced the strongest traffic growth for any region in March at 15.6% year-on-year, according to the latest statistics released by IATA on Wednesday. Thu, 02 May 2013 05:15:17 GMT Gulf News GN_01052013_020515 Open Middle East web users support freedom of expression http://www.zawya.com/story/Middle_East_web_users_support_freedom_of_expression-GN_01052013_020573/ Web users in the Middle East support the freedom to express opinions online, but believe the Internet should be more tightly regulated, a study indicates. Thu, 02 May 2013 04:59:53 GMT Gulf News GN_01052013_020573 Open Saudi economy to gain over USD24bn in 2013 http://www.zawya.com/story/Saudi_economy_to_gain_over_USD24bn_in_2013-ZAWYA20130502032613/ Higher oil prices will ally with record spending to boost Saudi Arabia's economy by more than USD 24 billion in current prices this year to maintain its position as having the largest economy in the Middle East, according to a local study. Thu, 02 May 2013 04:35:57 GMT Emirates 24|7 ZAWYA20130502032613 Open Egyptian parliament halts reading of tax law needed for IMF deal http://www.zawya.com/story/Egyptian_parliament_halts_reading_of_tax_law_needed_for_IMF_deal-TR20130429nL6N0DG2XD2/ Egypt's parliament halted its reading of a new income tax law on Monday, saying the government had not shown who would be affected by the measure that is needed to secure a badly needed USD 4.8 billion IMF loan. Tue, 30 Apr 2013 13:15:23 GMT Reuters TR20130429nL6N0DG2XD2 Open Egypt to raise fees for ships passing through Suez Canal http://www.zawya.com/story/Egypt_to_raise_fees_for_ships_passing_through_Suez_Canal-TR20130430nL6N0DH2LJ2/ Egypt will raise the fees paid by ships passing through the Suez Canal on Wednesday in an effort to boost revenue as the economy struggles to head off a currency crisis. Tue, 30 Apr 2013 13:06:55 GMT Reuters TR20130430nL6N0DH2LJ2 Open Telcos form consortium to build undersea cable network http://www.zawya.com/story/Telcos_form_consortium_to_build_undersea_cable_network-ZW20130430000037/ A consortium of six telecommunication companies has been formed to build a submarine cable system linking Malaysia, Singapore, India and Sri Lanka to the Middle East, which could boost data connectivity significantly in the region. Tue, 30 Apr 2013 10:38:29 GMT Zawya Dow Jones News ZW20130430000037 Open Egypt to adopt new oil, gas licensing policy http://www.zawya.com/story/Egypt_to_adopt_new_oil_gas_licensing_policy-ZW20130430000039/ Egypt will adopt a new licensing policy for its future oil and gas exploration contracts signed with foreign companies that will allow the North African country to obtain a bigger share of the production. Tue, 30 Apr 2013 10:35:35 GMT Zawya Dow Jones News ZW20130430000039 Open UAE pardons more than 100 Egyptian prisoners http://www.zawya.com/story/UAE_pardons_more_than_100_Egyptian_prisoners-TR20130429nL6N0DG3EY2/ The United Arab Emirates pardoned more than 100 Egyptian prisoners on Monday in a move hailed by the Egyptian ambassador to Abu Dhabi as a gesture that will improve strained relations between the two countries. Tue, 30 Apr 2013 07:02:04 GMT Reuters TR20130429nL6N0DG3EY2 Open POLL-Egypt's economy to grow only 3% in fiscal year ending June 2014 http://www.zawya.com/story/POLLEgypts_economy_to_grow_only_3_in_fiscal_year_ending_June_2014-TR20130429nL6N0DF0PO2/ Egypt's economy is poised to grow by only 3% in the fiscal year ending June 2014, well below the pace needed to generate jobs for the country's disaffected youth, and lower than previously forecast, a Reuters poll showed. Tue, 30 Apr 2013 06:46:05 GMT Reuters TR20130429nL6N0DF0PO2 Open Mideast crude tanker rates stay weak as fleet glut grows http://www.zawya.com/story/Mideast_crude_tanker_rates_stay_weak_as_fleet_glut_grows-TR20130429nL6N0DG48F3/ Crude oil tanker earnings on the major Middle East route stayed weak on Monday as slower bookings and a glut of available vessels took their toll. Tue, 30 Apr 2013 06:39:03 GMT Reuters TR20130429nL6N0DG48F3 Open Egyptian students protest mass food poisoning at university http://www.zawya.com/story/Egyptian_students_protest_mass_food_poisoning_at_university-TR20130429nL6N0DG4Q82/ Hundreds of students from Egypt's top Islamic university protested on Monday to demand investigation and punishment of those responsible for a second mass food poisoning on campus this month. Tue, 30 Apr 2013 06:31:20 GMT Reuters TR20130429nL6N0DG4Q82 Open INTERVIEW-Leftist leader says Egypt should refuse IMF loan http://www.zawya.com/story/INTERVIEWLeftist_leader_says_Egypt_should_refuse_IMF_loan-TR20130429nL6N0DG4LF2/ Egypt should refuse a USD 4.8 billion loan from the IMF rather than submit to terms that would further impoverish the poor and could spark a revolution of the hungry, leftist leader Hamdeen Sabahi said on Monday. Tue, 30 Apr 2013 06:21:07 GMT Reuters TR20130429nL6N0DG4LF2 Open Gold retailers buy bullion at any cost http://www.zawya.com/story/Gold_retailers_buy_bullion_at_any_cost-GN_29042013_300462/ Gold prices may have had a partial recovery over the last week, but the premium jewelry retailers need to shell out to ensure they have enough bullion stock to get by has nearly doubled. Tue, 30 Apr 2013 04:06:17 GMT Gulf News GN_29042013_300462 Open Egypt says Qatar asking 5% interest on USD3bn bonds http://www.zawya.com/story/Egypt_says_Qatar_asking_5_interest_on_USD3bn_bonds-TR20130429nL6N0DG2H24/ Qatar is asking for 5% interest and an 18-month maturity on USD 3 billion in bonds it has offered to buy from Egypt, an Egyptian official involved in the negotiations said on Monday. Mon, 29 Apr 2013 12:08:20 GMT Reuters TR20130429nL6N0DG2H24 Subscription Iraq offers 3-month credit for Egypt oil deal http://www.zawya.com/story/Iraq_offers_3month_credit_for_Egypt_oil_deal-ZW20130429000038/ OPEC member Iraq has agreed in principle to offer cash-strapped Egypt 4 million barrels of crude a month on a three-month credit term, officials from the two countries said Monday. Mon, 29 Apr 2013 09:28:55 GMT Zawya Dow Jones News ZW20130429000038 Open Dubai retailer MAF moves closer to Egypt supermarket deal-sources http://www.zawya.com/story/Dubai_retailer_MAF_moves_closer_to_Egypt_supermarket_dealsources-TR20130429nL6N0DF0LS2/ Dubai retail firm Majid Al Futtaim (MAF) is in advanced discussions to buy Egypt's largest supermarket chain from family-owned Mansour Group, two sources said on Monday. Mon, 29 Apr 2013 08:06:13 GMT Reuters TR20130429nL6N0DF0LS2 Open Egypt opens alcohol-free hotel in popular Red Sea resort http://www.zawya.com/story/Egypt_opens_alcoholfree_hotel_in_popular_Red_Sea_resort-TR20130428nL6N0DF0KZ2/ Egyptian tourism managers celebrated the opening of an alcohol-free hotel at the popular beach resort of Hurghada over the weekend, a move they hoped would lure conservative Muslim tourists to a region popular with foreign and local visitors. Mon, 29 Apr 2013 04:13:51 GMT Reuters TR20130428nL6N0DF0KZ2 Open Key Egyptian negotiator with IMF quits http://www.zawya.com/story/Key_Egyptian_negotiator_with_IMF_quits-TR20130428nL6N0DF0XC4/ A key Egyptian negotiator with the International Monetary Fund said on Sunday he has resigned as first deputy finance minister, in a potential blow to Cairo's prospects of an early IMF deal. Mon, 29 Apr 2013 04:12:28 GMT Reuters TR20130428nL6N0DF0XC4 Open Mena growth 'may slow down' as hydrocarbon output levels off http://www.zawya.com/story/Mena_growth_may_slow_down_as_hydrocarbon_output_levels_off-ZAWYA20130428041112/ Hydrocarbon production in the Mena region is likely to level off in 2013 putting a cap on regional growth even as the IMF outlook for global economy in 2013-14 looks too optimistic due to slowing large economies, QNB has said in a report. Sun, 28 Apr 2013 05:28:37 GMT Gulf Times ZAWYA20130428041112 Open Iran, Middle East's first steel producer http://www.zawya.com/story/Iran_Middle_Easts_first_steel_producer-ZAWYA20130428050305/ Iran has ranked first in the Middle East region for steel production, said a senior official at Iran's Mines and Mining Industries Development and Renovation Organization (IMIDRO) on Saturday. Sun, 28 Apr 2013 05:21:12 GMT IRNA ZAWYA20130428050305 Open Competitiveness through quality institutions http://www.zawya.com/story/Competitiveness_through_quality_institutions-ZAWYA20130426132535/ If Egypt is to restore its slipping competitiveness, it ought to undertake serious reform of its institutions, write Omneia Helmy and Iman Al-Ayouty. Sat, 27 Apr 2013 13:37:02 GMT Al Ahram Weekly ZAWYA20130426132535 Subscription More costly construction http://www.zawya.com/story/More_costly_construction-ZAWYA20130426132433/ The increase in the dollar exchange rate, fuel shortages and monopolistic practices have all contributed to hikes in the price of building materials, writes Ahmed Kotb. Sat, 27 Apr 2013 13:35:50 GMT Al Ahram Weekly ZAWYA20130426132433 Subscription