DNE News Brief: 8 December 2016

https://youtu.be/tVGgvJsp5vQ

Daily News Egypt

Maksters brings Marbella to Cairo

Footwear is a craft that requires an artistic quality. Through the ages, shoes have been developed to accommodate a wide variety of needs and styles. From the pharaonic leather footwear…

Nayera Yasser

Al-Masry Al-Youm journalists to escalate protest by starting hunger strike if demands not met

The journalists gave the administration four days, until Monday, to respond to their demands

Daily News Egypt

Religious discourse must be developed: Al-Sisi

The president discussed ways to implement the development of religious discourse with the Ministry of Religious Endowment

Daily News Egypt

Cabinet approves draft decision to establish SMEs development authority

The authority’s board will be chaired by the industry minister, and the board of trustees by the prime minister

Daily News Egypt

Kafr El-Sheikh governorate grants EBSC 50,000 feddans for usufruct for 20 years

The Egyptian Black Sand Company (EBSC) signed an usufruct agreement with Kafr El-Sheikh governorate for 50,000 feddans of land designated for establishing a black sand separation plant. A source at…

Mohamed Farag

Afreximbank funds EGPC with $200m

The African Export–Import Bank (Afreximbank) signed a credit facility agreement worth $200m with the Egyptian General Petroleum Corporation (EGPC) on Thursday to support the expansion of electricity generation and distribution…

Daily News Egypt

EBRD, QNB Alahli fund SMEs with $140m

The European Bank for Reconstruction and Development (EBRD) is partnering with QNB Alahli to support small- and medium-sized enterprises (SMEs) and energy efficiency in Egypt with a $140m financial package.…

Daily News Egypt

Inflation rises to 19.4% in November

Inflation rises to 19.4% in November

Daily News Egypt

Uber to fully forgo its 20% service fee until 31 January 2017

Uber announced that it will not raise the fares for its riders and will also fully forgo its service fee—20% of every trip—so as to increase profits for its drivers…

Daily News Egypt