Section: Egypt
Tariff adjustments to be imposed on all imported goods, except iron: Industry minister
Daily News Egypt interviewed Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour to talk about Egypt’s industry sector during the current period. What is your opinion on the Euromoney conference, and what is the ministry’s agenda at the conference? I will not participate at the conference as I will be travelling to China...
Putin blames US for migrant crisis in Europe
Vladimir Putin blames the migrant crisis in Europe on the US for imposing its standards on the Middle East and Africa, while failing to understand their culture and traditions. Emma Burrows reports from Moscow. Vladimir Putin today blamed the migrant crisis in Europe on the United States for imposing its own standards on countries in the Middle...
Ukraine guardsman killed in nationalist protest outside parliament
A Ukrainian national guardsman was killed and nearly 90 others wounded by grenades hurled from a crowd of nationalist protesters on Monday as they were guarding parliament where lawmakers backed giving more autonomy to rebel-held areas.The violence, which the government blamed on the main nationalist party, and division in the pro-Western camp in...
Refugee crisis suddenly Merkel’s biggest challenge
Returning from her summer break in mid-August, German Chancellor Angela Merkel raised some eyebrows by describing Europe’s refugee problem as a bigger challenge than the Greece crisis, which had overshadowed all else in the first half of 2015.No one in Germany is questioning her assessment any longer.In the past two weeks, the country has...
EGP 2.8bn in urgent funds to improve public services: Finance ministry
Minister of Finance Hany Kadry Dimian approved urgent funds of EGP 2.8bn for the ministries of Supply, Transport and Local Development, to support their efforts improving public services and providing essential goods to citizens. Mohamed Abdel Fattah, head of the state budget sector, said the approved amounts by Dimian include: EGP 1.5bn for the...
Swiss law aims to return foreign funds stashed by erstwhile leaders
Switzerland expects to adopt a new law by the end of the year that will speed restitution of illicit funds stashed in the Alpine country, where thousands of ‘politically exposed persons’ are believed to hold bank accounts, a top Swiss official said on Monday. Swiss authorities are cooperating with a number of countries, among them...
Turbulence in Pentagon plans to expand drone flights
Trying to cope with a steadily growing battlefield as the “Islamic State” increases its sphere of influence, the US plans to drastically up its use of drones. Though the move makes sense militarily, it raises questions. When the Pentagon announced this week that it would expand its use of drone flights by 50% within the next four years, Shashank...
Putin buffs up image while exploring shipwreck off Crimea
Russian President Vladimir Putin burnished his action man image on Tuesday by diving down in a mini-submarine to explore a shipwreck off the coast of the Crimea peninsula that Moscow seized from Ukraine last year.Putin – wearing a beige pantsuit – plunged down to a depth of 83 metres seated alongside the pilot in the glass-bubble cabin of the...
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...
Mali hotel siege ends, hostages freed – Mali defense ministry
Malian special forces backed by French soldiers ended the siege of a hotel in central Mali early on Saturday, freeing four hostages being held there by suspected Islamist militants, a defense ministry spokesman said. “It seems to be over and it has ended well,” said Colonel Diaran Koné. “We freed the four hostages. But...
