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Qandil: Egypt should have a ‘knowledge-based economy’

Qandil: Egypt should have a ‘knowledge-based economy’

Prime Minister Hesham Qandil said Wednesday that the government’s top priorities are security and economic and job growth. He added…
Spain-funded UN project seeks to aid Egyptian farmers

Spain-funded UN project seeks to aid Egyptian farmers

The Ministry of Industry and Trade is considering a US$7.5 million agricultural project in Upper Egypt that would be funded…
Cabinet to announce new wheat prices for subsidized bread Sunday

Cabinet to announce new wheat prices for subsidized bread Sunday

The Cabinet is expected on Sunday to announce new prices for wheat allocated to producing subsidized bread, according to a…
Egypt seeks to amend trade agreement with US, Israel

Egypt seeks to amend trade agreement with US, Israel

Egypt has entered negotiations with the United States and Israel to amend the Qualified Industrial Zones (QIZ) trade agreement, said…
USAID loan promises small businesses help, but without a guarantee

USAID loan promises small businesses help, but without a guarantee

In a visit to Egypt in late August, US Under Secretary of State Robert Hormats announced a US$34 million loan…
Govt says has no intention to abolish subsidies

Govt says has no intention to abolish subsidies

Petroleum Minister Osama Kamal said the government has no intention of canceling  subsidies of petroleum products from which the poor…
Ministry secures 940 million euro funding for metro third phase

Ministry secures 940 million euro funding for metro third phase

Planning and International Cooperation Minister Ashraf al-Araby signed Sunday morning a 940 million euro agreement of foreign financing for the…
Presidency: Domestic, foreign debt expenses LE130 bn

Presidency: Domestic, foreign debt expenses LE130 bn

Egypt’s foreign and internal debt services have accumulated over the past decades and now exceed LE130 billion, presidential spokesperson Yasser…
The alternative guide to solving Egypt’s economic crisis

The alternative guide to solving Egypt’s economic crisis

Egypt is currently taking a series of massive measures which officials say will help fix the country’s ailing economy. In…
Hunger economics: Do rising food prices mean trouble ahead?

Hunger economics: Do rising food prices mean trouble ahead?

Ali Mazen, a day laborer from Fayoum, barely makes enough in Cairo to buy food for his family back home.…
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