‘Africa’ Category
» posted on Tuesday, May 21st, 2013 at 8:27 am by Egypt News latest RSS headlines - Egypt News.Net
Egypt tourist arrivals rise not back to pre-revolt levels
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. The revolt that ...post a comment | filed under Egypt | tags: Egypt
» posted on Tuesday, May 21st, 2013 at 6:13 am by Egypt News latest RSS headlines - Egypt News.Net
Money Market Funds achieve return of 10.53 during Q113 Hermes
), the leading investment bank in the Arab world, is named "Best MENA Asset Manager of the Year" with a total of five wins on the 2012 Zawya MENA Funds Ranking Awards, including three first place finishes for Egypt-based funds and one for a Qatari fund. The recognition underscores the division's continued ability to innovate and outperform the market despite challenging ...post a comment | filed under Egypt | tags: Egypt
» posted on Tuesday, May 21st, 2013 at 5:47 am by Egypt News latest RSS headlines - Egypt News.Net
NGOs Warn of Short-Term Resolutions in Sinai
Egyptian human rights organizations issued a statement on Monday, warning the authorities against "taking the usual route of short-term security resolutions in addressing the crisis of the kidnapped security officers in Sinai." The non-governmental organizations (NGOs) called on the government to address the roots of this crisis through responding to the demands of putting an end to ...post a comment | filed under Egypt
» posted on Tuesday, May 21st, 2013 at 5:10 am by Egypt News latest RSS headlines - Egypt News.Net
IMF again raises Egypt inflation forecast to 3-year high
The International Monetary Fund Inflation in Egypt is expected to climb to 10.9 percent this year, the highest level since 2010, the International Monetary Fund said on Tuesday, more than it expected in April."Inflation is expected to rise in Egypt, Jordan, Morocco, and Tunisia, reflecting recent and planned subsidy cuts and, in some cases, pressure from monetization of fiscal deficits and ...post a comment | filed under Egypt | tags: Egypt, IMF, International Monetary Fund, Morocco
» posted on Tuesday, May 21st, 2013 at 5:06 am by Egypt News latest RSS headlines - Egypt News.Net
Number of German tourists in Egypt exceed 2010 rates
- The numbers of German tourists visiting Egypt in March and April of this year was higher than the same period in 2010, Minister of Tourism Hisham Zaazou stated on Monday. A total of 226,000 German tourists visited the country in the last two months, a two percent rise on the figures for March and April 2010, which was considered a year of flourishing tourism, said the minister. In 2010, an ...post a comment | filed under Egypt
» posted on Tuesday, May 21st, 2013 at 5:06 am by Egypt News latest RSS headlines - Egypt News.Net
Barclays Bank Egypt FY2012 profit after tax up 301
- Barclays Bank Egypt announced its financial results for the year ended 31 December 2012 where profit after tax grew to reach EGP 368m, 301% ahead of same period in 2011. Despite the challenging economic and political situation, profits increased, driven by robust performance across all lines and segments. "The largest contributor to our improved profitability is growth of 31% on net ...post a comment | filed under Egypt
» posted on Tuesday, May 21st, 2013 at 5:03 am by Egypt News latest RSS headlines - Egypt News.Net
Egyptian army in Sinai after suspected Islamists snatch soldiers
CAIRO - Egyptian President Mohammed Morsi ordered army reinforcements to the restive Sinai on Monday amid rising tensions there over the kidnapping of seven soldiers by suspected Islamist militants. In a break from past practices, Morsi said he would not negotiate with kidnappers, which some interpreted as an effort by the beleaguered president to appear tough in the face of his falling ...post a comment | filed under Egypt
» posted on Tuesday, May 21st, 2013 at 4:48 am by Egypt News latest RSS headlines - Egypt News.Net
Egypts anti-Morsi rebels gather millions of signatures
An Egyptian activist covers her face with the petition for "Tamarod," Arabic for "rebel," a campaign calling for 15 million signatures expressing "no confidence" in Egyptian President Mohammed Morsi and calling for early presidential elections, during a protest in Tahrir Square in Cairo on May ...post a comment | filed under Egypt | tags: Tahrir Square
» posted on Tuesday, May 21st, 2013 at 4:41 am by Egypt News latest RSS headlines - Egypt News.Net
Nation to Hold Press Conference On Kidnapped Soldiers
The Egyptian presidency will hold a press conference on Monday to comment on the kidnapped security officers in the Sinai Peninsula, reported a satellite channel. The conference will notify the public of the latest developments and the steps which are being taken by the authorities to release the kidnapped soldiers. President Mohamed Mursi has vowed to consider all options to free the hostages ...post a comment | filed under Egypt
» posted on Tuesday, May 21st, 2013 at 4:13 am by Egypt News latest RSS headlines - Egypt News.Net
Chevron in advanced talks to sell downstream assets
Chevron is conducting a separate sale process for its assets in both countries, banking sources have said, speaking on condition of anonymity as the matter is not ...post a comment | filed under Egypt