No plan to seize Iraqi oil: US Defense Secretary Mattis

US Defense Secretary Jim Mattis said Monday the United States does not intend to seize Iraqi oil, shifting away from an idea proposed by President Donald Trump that has rattled Iraq's leaders. "We're not in Iraq to seize anybody's oil." And any plan is likely to depend on US and coalition troops working with and through the local forces in both countries. He signed an order January 28 that gives Mattis and senior military leaders 30 days to come up with a new plan to beef up the fight. But he has been talking with military leaders about the possible options, and has largely supported the US strategy of fighting IS with and through local forces.

February 20, 2017 08:58 UTC

Saudi Arabia, Israel present de facto united front against Iran

Saudi Arabia and Israel both called on Sunday for a new push against Iran, signaling a growing alignment in their interests, while US lawmakers promised to seek new sanctions on the Shia Muslim power. Turkey also joined the de facto united front against Tehran as Saudi and Israeli ministers rejected an appeal from Iranian Foreign Minister Mohammad Javad Zarif for Sunni Gulf Arab states to work with Tehran to reduce violence across the region. Saudi Foreign Minister Adel al-Jubeir called Tehran the main sponsor of global terrorism and a destabilizing force in the Middle East. Turkish Foreign Minister Mevlut Cavusoglu also criticized what he called an Iranian "sectarian policy" aimed at undermining Bahrain and Saudi Arabia. "We have to make a decision whether we are going to get involved in the emerging proxy war in a bigger way than we are today, between Iran and Saudi Arabia," he said.

February 20, 2017 08:58 UTC

Islamic State posts video of man it says was Egypt church bomber

The Islamic State published a video on Sunday threatening Egyptian Christians and showing the last statement of a man it said was responsible for the deadly bombing in December of a Coptic cathedral in Cairo. He had been detained for two months in 2014 before joining an Islamic State cell in Sinai, the government said. Islamic State claimed responsibility for the bombing, its deadliest attack in Egypt outside the Sinai Peninsula, where it has been waging an insurgency since 2013. The Cairo attack, coupled with the group's use of a new "Islamic State in Egypt" logo as opposed to "Sinai Province", suggests an expansion of operations to the rest of the country. But the Brotherhood condemned the attack and accused Sisi's administration of failing to protect the church.

February 20, 2017 08:43 UTC

Egypt to officially start marketing for Dabaa project on Saturday

Egypt will officially start its marketing for the Dabaa nuclear plant, through a global conference in Marsa Matruh next Saturday that will be the first of its kind, Electricity Ministry sources said. The conference will showcase the Dabaa project's popular support to international parties and Russian experts who would be attending the conference, the sources added. Representatives of Russian company Rosatom, representatives from the International Atomic Energy Agency, and a number of Egyptian officials and members of Parliament will attend the conference. Matruh local authorities are preparing for the conference in "leaps and bounds", Abu Zeid told Al-Masry Al-Youm, adding that tribal chiefs of Matruh have been invited to the conference to listen to the benefits of the project. Edited translation from Al-Masry Al-Youm

February 20, 2017 08:43 UTC

Questioning the rigid application of the Goldwater Rule - Daily News Egypt

In addition to the responses to the question about Goldwater, the article included a series of quotations from the respondents, various facts, and observations about Goldwater. Should we not demand a clean bill of mental health for the person who is going to literally control our lives? One should also consider the ethical obligations to protect public health imposed by the psychiatric profession. Such rule should be applied wisely and judiciously but not at the expense of similarly important ethical obligations imposed by the psychiatric profession. Orlando Garcia, MD PsychiatristCesar Chelala International public health consultant

February 20, 2017 08:36 UTC

Heliopolis Company for Housing and Development signs “Grenada” renovation contract with Arab Contractors - Daily News Egypt

On Saturday, Heliopolis Company for Housing and Development signed a contract with Arab Contractors for the restoration and development project of Grenada City’s historical building, located in Heliopolis, with the attendance of the Minister of Public Sector Affairs, Ashraf El Sharqawy, and Cairo governor Atef Abdel Hamid. The renovation project of the building is expected to cost around EGP 37.2m, and to be finished within one year. “The renovation of Grenada building, as well as Merryland Park, is a part of the plan to restore Cairo governorate’s unique architectural style,” said Abdel Hamid during the press conference. On the other hand, Hany Al-Deeb, CEO of Heliopolis Company for Housing and Development, has announced that the company’s sales decreased by 20-25% following the flotation of the Egyptian pound in November. He added that the company is confident that the Egyptian economy will gain momentum once again.

February 20, 2017 08:09 UTC

Diverse local and international exhibitors to unveil new projects at this year’s Cityscape Egypt - Daily News Egypt

Cityscape Egypt, which kicks off next month, looks to spur more real estate investment opportunities for both local and foreign investors, as the Egyptian economy proves to recover. Ayman Sami, country head for the Egypt office of property consultant JLL, believes that Egypt has already started to become more attractive to foreign real estate investors. Cityscape Egypt will take place on 31 March to 3 April at the Cairo International Convention Centre. It will feature a range of local and international exhibitors that will launch new real estate projects, as well as highlight the progress of ongoing construction developments, both in the private and government sector. Tom Rhodes, Cityscape Egypt event director, said that the Egyptian economy has undergone a complete overhaul to fuel investment into the market, noting that Cityscape Egypt is ideally positioned to facilitate capital-chasing investment opportunities during this pertinent time in Egypt.

February 20, 2017 07:45 UTC

High-class lands lead price hikes of residential units - Daily News Egypt

Sources in the Ministry of Housing told Daily News Egypt that the offering of high class lands in the new cities aims to provide a supply of luxury housing units outside of the traditional residential areas. The first offering of high-class lands included 1,823 pieces of land in New Cairo, with the cost per square metre, reaching EGP 4,770-5,020. New Cairo witnessed the highest turnout on land purchases, despite a high price of EGP 5,000 per square metre. Galal explained that at least 30% of those tending to purchase lands in the aforementioned three cities have instead chosen to buy resale units after the rise in new land prices. Selem pointed out that many people are waiting for the next offering of high class lands due to the high prices of other lands in the cities surrounding Cairo.

February 20, 2017 06:56 UTC

Decision to relieve expatriates from car customs for a dollar deposit according to car model: immigration minister - Daily News Egypt

What is new about the decision to exempt customs on cars of Egyptian expats? Work is in full swing among all collaborators to exempt customs on expatriates’ cars. The required proposal for customs exemption on cars is to work for at least one year abroad. The proposal does not require the final return to Egypt in order to apply for customs exemption. There are a number of files that the ministry is working on during the coming period, especially the Egyptian expats’ health insurance.

February 20, 2017 06:34 UTC

Dabaa prepares to receive nuclear power plant - Daily News Egypt

A number of development projects are currently being inaugurated for the advancement of the city and the providence of service for the power plant project. Daily News Egypt conducted a field tour to highlight the development projects established in Dabaa. The nuclear schoolSanusi said that 40% of the construction work on the nuclear school was completed. It is planned that school graduates work in the nuclear plant. He pointed out that the land has been allocated for the public benefit of the Egyptian Nuclear and Radiological Regulatory Authority, on an area of 1,000sqm east of Dabaa, to oversee the nuclear plant project.

February 20, 2017 06:00 UTC

Immigration rallies held around US to support Muslims

Demonstrations were held in cities around the US this weekend to support Muslim Americans and to protest President Donald Trump's immigration policies. The "I Am A Muslim Too" event was held in Times Square and was organized by several groups, including the Foundation for Ethnic Understanding. Some protesters waved American flags, while others held signs saying "No Muslim Ban." In Oregon, hundreds of people demonstrated on Sunday in front of the Oregon State Capitol to voice their support for immigration rights. The Dallas Morning News reported that religious and civic leaders were among those protesting President Donald Trump's immigration policies.

February 20, 2017 05:15 UTC

Godfather of Al-Jamaa Al-Islamiya dies after 24-year imprisonment - Daily News Egypt

Veteran Islamist preacher and theorist of Al-Jamaa Al-Islamiya group, Omar Abdel Rahman, died on Saturday, after 24 years of imprisonment in a US prison. Abdel Rahman was spending a life-sentence after being accused in 1993 of being involved in the bombing of the World Trade Center. The death of Abdel Rahman was mourned by different Egyptian Islamist movements. He is considered a leading figure in the Egyptian Islamist movement. However, the group has called for reconciliation and dialogue with the Egyptian state, while acknowledging the difficulty of Morsi’s return.

February 19, 2017 16:03 UTC

Reducing price of products depends on stability of US dollar - Daily News Egypt

The prices of almost all products have hiked during the previous months after the Central Bank of Egypt (CBE) decided to float the Egyptian pound, which raised the price of the US dollar to EGP 19.56. Although some media headlines said that prices will decrease within 45 days, investors believe that the prices won’t be reduced in the near days. He believes that the exchange rate could be raised again, possibly prolonging investors’ reduction of their products’ prices. El-Adly stated that no investor will reduce the price unless he is certain about the price, allowing the cost of production to be calculated. Worried about another possible price increase, he added that only the market is responsible for pricing—not the media or the government.

February 19, 2017 15:54 UTC

Cooperation between Egypt and Switzerland to end the tragedy of Al-Nassereya’s people - Daily News Egypt

The Governor of Aswan, Magdy Hegazy, and the ambassador of Switzerland to Egypt, Markus Leitner, will inaugurate on Monday a project in Aswan city, which started in December 2012. The project aims to end Al-Nassereya’s predicament, a district which has long suffered from irregular and interrupted potable water supply. In this regard, Swiss ambassador Leitner expressed that “Switzerland is delighted to see this important initiative come to fruition. The Aswan water project comes within the framework of Switzerland’s wider partnership with Egypt. Switzerland provides funding of around CHF 20m annually in development projects across Egypt in three domains: economic development and employment, democratic transition and human rights, and migration and protection.

February 19, 2017 15:53 UTC

Al-Sisi meets with delegation from major American Jewish organisations - Daily News Egypt

President Abdel Fattah Al-Sisi met on Sunday a delegation of the heads of major US-Jewish organisations that are currently visiting Egypt. The meeting aimed to foster relations between the US and Egypt, according to a presidential statement. Similarly, the American Jewish Committee praised efforts aimed at bringing peace in the Middle East. At that time, Al-Sisi said that Egypt is always in contact with different parties in the US in order to clarify the situation in the region. The president discussed terrorism and its implications, not only on Egypt and the Middle East, but on the entire international community.

February 19, 2017 15:43 UTC

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