Daily Archives: July 15, 2013

Egypt's Syria visa restrictions a 'temporary' measure

Egypt: Egyptian foreign ministry has said the new visa rules for Syrians imposed after the army’s removal of President Mohamed Mursi are only a temporary security measure linked to the current unstable security situation and will not erode Egyptian support for the Syrian revolution, Reuters has reported. Last week, “This does not at all signal any change to Egypt’s firm stance of supporting the legitimate ambitions of Syrians towards democracy,” a foreign ministry spokesman said. [AMEInfo.com]

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Etisalat Egypt awards WeDo revenue assurance solution deal

Egypt: Etisalat Egypt, the second-largest subsidiary of UAE-based Etisalat, has selected WeDo Technologies’ revenue assurance software, RAID. The solution aims to ensure best operational efficiency at Etisalat Egypt and optimum control over revenue risks. The project was divided into three phases: Usage Control, Platform Integrity and Rating Validation. The first two phases were implemented successfully and completed. The third phase is ongoing almost at the end of the implementation. [AMEInfo.com] read more

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Egypt sees talks with IMF over $4.8bn loan unlikely before 2014

Egypt: Egypt’s new future planning minister Ashraf al-Arabi has said the country is unlikely to be in a position to seek a long-chased $4.8bn loan from the International Monetary Fund (IMF) before the end of this year, Ahram has reported. Al-Araby cited “the political deadlock in the country, the lack of consensus between the various political factions, and the ongoing unrest” as the main factors hampering talks with the international lender. “It is not appropriate to have a new round of negotiations with the IMF until Egypt regains political stability,” said al-Araby, stressing that this was his own personal view rather than official ministerial policy. [AMEInfo.com] read more

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HSBC Egypt shuts down 'some' SMEs accounts

Egypt: HSBC Bank Egypt has confirmed it has shut down a number of its small and medium sizes enterprises’ (SMEs) accounts in the country, Daily News Egypt has reported. The HSBC Group has been conducting a global review of all of its businesses since May 2011, in an effort to streamline its business and improve its return on capital, said Omnia Samra, head of communication at HSBC. “We have evaluated the SMEs accounts and we’ve decided to terminate some of them – not all,” Samra said. “HSBC has closed some of its business banking accounts many of which were inactive and none of which were borrowing accounts,” she said. [AMEInfo.com] read more

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Tough deal on cards for casino junkies

The government is ramping up efforts to stamp out problem gambling, including tightening legislation and reviewing advertising guidelines. read more

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Varsity brain drain

Academics are hitting the road for the promise of big money in the private and public sectors. read more

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SA soldiers 'in the middle' of DRC battle

South African soldiers are in the middle of a “very intense firefight”, caught between M23 rebels and government forces in the Democratic Republic of the Congo. read more

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Best friend: Kotze should die

Dirk van der Merwe was once Johan Kotze’s best friend. He thought Kotze incapable of hurting anyone, let alone of orchestrating the brutal gang rape of his wife, Ina Bonnette, and the murder of her 19-year-old son, Conrad. read more

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Refugee kids find asylum in art class

It is easy to be sentimental about children’s art but educational media developer André Croucamp believes there is a lot to learn from the art produced by refugee children. read more

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Syria coalition plans council to hasten rebel restructuring

Syria’s opposition coalition wants to create a 10-person executive council to reorganise disparate rebel factions into a structured army with adequate financing and weapons, one of its senior members said on Monday. read more

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George Zimmerman trial juror hopes to write a book, agent says

One of the six jurors in the George Zimmerman trial hopes to write a book explaining why the all-women panel had “no option” but to find Zimmerman not guilty of murder in the shooting of unarmed teenager Trayvon Martin, the literary agent hired by the juror said on Monday. read more

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Kerry to visit Jordan, Israel-Palestinian peace on agenda

U.S. Secretary of State John Kerry will brief Arab League states in Jordan on Wednesday about his efforts to revive peace talks between Israel and the Palestinians, the State Department said on Monday. read more

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Shange relieved to be back in SA

Swedish-born WASP member Liv Shange expressed relief on Monday for being allowed back into South Africa on a tourist permit after being refused entry in June. read more

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Salvage crews rush for 1 chance to move Concordia

Salvage crews are working against time to remove the shipwrecked Costa Concordia cruise ship, which is steadily being crushed under its own weight on its granite seabed off the Tuscan island of Giglio. Officials said Monday that if this attempt fails, there won’t be a second chance. read more

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