development

Development plan costs LE 27bn: Electricity Ministry
Egypt

Development plan costs LE 27bn: Electricity Ministry

  Egypt’s Electricity Ministry has devised a plan worth about LE 27 billion to develop electricity networks across the country,…
World Youth Forum to kick off at Sharm al-Sheikh in November
Egypt

World Youth Forum to kick off at Sharm al-Sheikh in November

  The World Youth Forum will be held for the second consecutive year in Sharm al-Sheikh, from November 3-6. This…
UN bemoans unsustainable Palestinian economy
Middle East

UN bemoans unsustainable Palestinian economy

  GENEVA (Reuters) – Palestinian citizens are trapped in an economy of jobless growth with no prospects, especially in Gaza,…
Sisi praises ‘unity of purpose and mutual trust’ in China summit
Egypt

Sisi praises ‘unity of purpose and mutual trust’ in China summit

In his speech at the Forum on China-Africa Cooperation, Egyptian President Abdel-Fattah al-Sisi praised the summit as an “example for…
King Mohammed VI urges action to address Morocco’s social problems
Middle East

King Mohammed VI urges action to address Morocco’s social problems

RABAT (Reuters) – Morocco’s King Mohammed VI called on Sunday on the government to do more to address the country’s…
Sisi discusses ‘urgent issues’ with 9 officials
Egypt

Sisi discusses ‘urgent issues’ with 9 officials

President Abdel Fattah al-Sisi held a meeting on Monday with Prime Minister Sherif Ismail and the ministers of Defense, Housing,…
Egypt, OFID sign $53.2mn irrigation project agreement
Business

Egypt, OFID sign $53.2mn irrigation project agreement

Minister of Investment and International Cooperation Sahar Nasr and Chairman of the OPEC Fund of International Development (OFID) Suleiman al-Herbish…
IMF seeks to crack down on corruption, World Bank boosts lending capacity
World

IMF seeks to crack down on corruption, World Bank boosts lending capacity

The IMF is calling on wealthier countries to limit potential safe havens for dirty money. Meanwhile, the World Bank has…
Egypt announces new strategy to double number of e-commerce businesses by 2020
Business

Egypt announces new strategy to double number of e-commerce businesses by 2020

In further aims to expand the country’s e-commerce sector, Egypt revealed a plan to double the number of businesses selling products…
Egypt committed to economic reform and would increase taxes: MInister
Business

Egypt committed to economic reform and would increase taxes: MInister

Egypt’s Finance Minister Amr al-Garhy continued his activity in the US capital Washington, where he participated in some important meetings…
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