Egypt
Egypt’s Environment Ministry to boost river transport
Egypt
November 26, 2014
Egypt’s Environment Ministry to boost river transport
The Environment Ministry is looking to boost river transport up to 25 percent by establishing infrastructure and limiting negative and…
Orascom Development to sell 15 percent of OHD stake
Business
November 26, 2014
Orascom Development to sell 15 percent of OHD stake
Orascom Development Holding is evaluating the sale of 10–15 percent of its subsidiary, Orascom Hotels and Development (OHD), to reactivate…
IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15
Business
November 26, 2014
IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15
The International Monetary Fund (IMF) estimates that Egypt's budget deficit will reach about 11 percent of GDP in 2014/15, as…
Armed forces intervene to put out major fire in Fayyoum
Egypt
November 26, 2014
Armed forces intervene to put out major fire in Fayyoum
A large fire broke out on Wednesday at the main electric station of Fayyoum governorate.Fire engines, as well as armed…
Slum inhabitants on the first day of the rain season: We wish summer was all year round
Egypt
November 25, 2014
Slum inhabitants on the first day of the rain season: We wish summer was all year round
While Egyptians celebrated winter after a long summer where air conditioners and electric fans did not work due to frequent…
Housing Minister ratifies sealed envelopes system instead of land auctions
Business
November 25, 2014
Housing Minister ratifies sealed envelopes system instead of land auctions
Housing Minister Mostafa Madbouly announced on Monday replacing the land auctions with sealed envelops.