Section: Daily News Egypt (Egypt)
US joins German Ford bribe investigation
A German investigation of bribery at a Russian port now includes US authorities. Employees of automaker Ford and haulier DB Schenker are accused of paying bribes to expedite freight to a St. Petersburg car plant. US authorities have joined in a two-year probe of carmaker Ford and German freight haulier Schenker that aims to determine whether the...
Defence Minister leaves for Russia
Defence Minister Sedki Sobhi left Saturday for the Russian capital Moscow, leading a high army delegation in an official visit to hold “important negotiations” with high Russian army officials. (Photo Armed Forces Handout) By Islam Salah Defence Minister Sedki Sobhi left Saturday for the Russian capital Moscow, leading a high army delegation in...
Ministry of Tourism cancels participation in March Kyiv Exhibition: ETPA Official
The Ministry of Tourism cancelled its participation in a Kyiv Exhibition due to the political conditions, according to an official at the Egyptian Tourism Promotion Authority (ETPA). Strife has broken out between pro-Russian separatists in eastern Ukraine and the central government. The official said, in an exclusive statement to Daily News...
Egypt purchases wheat worth over $79.1m
290,000 tons of American wheat purchased through an international tender(AFP Photo) The General Authority for Supply Commodities (GASC) has signed a contract to purchase 290,000 tons of American wheat with an average cost of $273.11 per tonne. The wheat, which was purchased though an international tender, will be used to produce subsidised bread....
CBE approves tourism ministry request for currency exchange with Russia: Official
The Central Bank of Egypt (CBE) will approve the Ministry of Tourism’s request for a currency exchange system with Russian companies(DNE Photo) The Central Bank of Egypt (CBE) will approve the Ministry of Tourism’s request for a currency exchange system with Russian companies, according to a Tourism Ministry official. The approval...
Wheat supply sufficient until April, 120m tons to arrive from Russia
The ministry will start receiving wheat from local farmers by mid April(AFP Photo) Approximately 120m tons of wheat will arrive in January 2015, marking the delivery of all contracts signed between Egypt and Russia during 2014, the Ministry of Supply and Internal Trade announced. The supplied wheat will be sufficient until the end of April 2015,...
No export restrictions from Russia on Egypt
Russian wheat export restrictions will not be applied to Egypt(AFP photo) By Menna Samir Egypt is not among the countries that Russia will restrict the exports of wheat to, said Minister of Supply and Internal Trade Khaled Hanafy in a ministry statement Sunday. Russia recently took a decision to restrict the exportation of wheat to some...
Nuweiba-Taba Investors Association requests increased security measures
Investors Association requests Sharm El-Sheikh-style security measures due to fears of terrorist bombings targeting tourists(AFP Photo) The Nuweiba-Taba Tourism Investors Association has requested security checkpoints be intensified and surveillance cameras be installed in hotels and resorts as in Sharm El-Sheikh, according to an association...
Wheat stock sufficient until March: Supply minister
Wheat stock sufficient until March: Supply minister(AFP Photo) Minister of Supply and Internal Trade Khaled Hanafy told Reuters that Egypt’s stocks of wheat for the subsidised bread programme will last until the end of March. Hanafy added that the country bought 235,000 tonnes of French and Ukrainian wheat last Wednesday to be shipped to...
