Egypt opens Rafah crossing for Palestinian pilgrims
The crossing is expected to be closed on late Monday
Shaimaa Raafat
133 Articles
Latest by Shaimaa Raafat
Shoukry, Lavrov discuss bilateral, regional issues in Moscow
The two parties discussed the resumption of Russian flights to Egypt
Startups in Middle East need investments worth $50m in 2017
16% of the startups in the financial technology sector are from Egypt
Tahya Misr launches EGP 320m urgent development plan in Aswan
The fund provides ATM cards for breadwinner women in cooperation with Nasser Social Bank
CBE launches Nile Pioneers initiative to support SMEs
The initiative aims to support SMEs to maximize their contribution to the national economy, and integrate the informal economy with the formal economy
Prosecutor General orders investigations of alleged killing of Egyptian-American teenager
US police had earlier charged a 22-year-old man with murder in connection to the case
NAT proposes tender to demolish buildings obstructing Metro Line 3
The tender includes selling demolition rubble of Nasser, Maspero, Zamalek, and Kit Kat stations
TIEC incubates 8 emerging companies in field of smartphone applications
Winning companies obtain financial support worth EGP 120,000
Conference at Press Syndicate voices rejection of websites blocking
Over 20 news websites were blocked last week with no official explanation
Electricity Ministry allocates EGP 7bn to develop transmission companies next FY
EEHC to disburse compensation for equipment companies to cover for exchange rate difference following flotation
Agreement with head of Silk Road Fund to enhance investments to activate joint Egyptian Chinese projects
Agreement to increase incubators for entrepreneurs, develop skills of young people in emerging projects in investment zones, says Nasr
Al-Sisi urges police and military to end illegal land acquisition
The president criticised performance of government, urging it to improve and forcefully settle the legal status of land taken by force from the state
Parliament approves Social Allowance Law
420 MPs approved the law, only 5 rejected
Can banks achieve financial inclusion in Egypt?
CBE establishes special unit to support efforts in this matter, headed by Bassiouny, supervised by Abulnaga
Resumption of US-Egyptian strategic dialogue expected this year
“Terrorism is not just about fighting ISIS, and we should have a political, military, ideological, social, and economic mechanism,” says Egyptian ambassador to the US
Kerdasa police massacre defendants to hear verdict on 24 April
Other Islamist figures to receive a decision regarding their release on 19 April
47% of cyber phishing attacks in 2016 are financial
According to Massachusetts-based cyber-security-solution firm Kaspersky, financial phishing attacks were at an all-time high last year, with financial attacks accounting for nearly half (47.48%) of the 155m phishing scams recorded in total. Phishing attacks cost the least for cyber criminals to launch. According to the “Financial Cyberthreats in 2016” report, financial phishing attacks increased by …
Accelero Capital acquires ownership of its largest shareholder OTMTI
Accelero Capital, the investment and management group, has announced on Tuesday that it has acquired ownership interest of its largest shareholder, Orascom TMT Investments (OTMTI), in a management buyout. According to the press statement, the transaction will include the discontinuation of the management of certain assets for which Accelero Capital currently provides management, consultancy, and …
Info-graph: Egyptian agriculture exports
Elie Saab pays tribute to Egypt with retro silhouettes and embroidered sailboats
Last week, a single photo of a sailboat embroidered amid blue beads on a luxurious organza fabric broke the internet. The elaborate embroidery became the number one highlight from the current season of Couture Week in Paris after the designer behind it shared further details with none other than American Vogue. Elie Saab, the pioneering …
Libya’s neighbouring countries should find solutions to its turmoil: Shoukry
Al-Jamaly praised the active role of Egypt in finding solutions to the political unrest in Libya
In Cartoon: Red Sea islands
Evacuation of Tahrir’s iconic bureaucratic building Mogamma begins
Employees will not be relocated until alternative offices are set up; process expected to last for a year
Engineers Syndicate leader to remain in detention for ‘inciting protests’
Syndicate secretary general Fathy Abdel Latif was arrested a day before 25 April anti-government protests
Egypt’s budget: optimistic aspirations and a difficult reality
The government hopes to reduce the budget deficit to 9.8% and control public debt by raising revenue and reducing expenses.
Verna is Korea’s best player in Egypt
Verna topped sales for Korean models in January and February, with sales standing at 2,415 units worth EGP 220m.
Worker arrested ahead of Labour Day protests
Security presence hinders scheduled labour protest in downtown Cairo
Emaar Misr records best financial leverage in Egypt with 0.043 ratio
Financial leverage is the index that measures corporate debt position by dividing shareholders’ equity on the debt obtained by the company to repay its obligations or finance its projects
Sobhy discusses counter-terrorism efforts with US congressional delegation
The delegation was headed by Republican Senator Lindsey Graham
Regeni was interrogated before he was found dead: Reuters
Prosecution official quoted autopsy results stating alleged indicators of interrogation