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27 Jul 2017

Egyptian economy predicted among 30 largest economies by 2030

Tarek Qabel, minister of Trade and Industry, stated Monday, at the 4th National Youth Conference, that the strategy to consolidate industrial development and foreign trade had achieved unprecedented rates, within the current stage.

Egypt’s 2030 project, the Sustainable"...

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27 Jul 2017

Ethiopian Renaissance Dam threat to downstream Nile states, including Egypt

The benefits for Ethiopia and for many electricity-importing countries in East Africa from the construction of the Grand Ethiopian Renaissance Dam are clear. However, the implications for downstream countries aren’t all positive – and need to be better understood.

In"...

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27 Jul 2017

Social Solidarity Ministry to provide financial support for citizens

For the first time in Egypt, monetary support will be provided to people with disabilities, said Social Solidarity Minister Ghada Wali during the second day of the 4th Youth Conference, held in Alexandria.

During the economic reform session of the conference on Tuesday, attended"...

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27 Jul 2017

CIT mulls setting up fund to finance struggling SMEs

The Chamber of Information Technology and Communications (CIT) mulls setting up a fund for financing struggling small and medium-sized companies.

'The fund will be the first of its kind in the information technology and communication sector, as it will seek to help small"...

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27 Jul 2017

Tourism Ministry aims to boost investments to EGP 12.5bn in 2017/2018

The Ministry of Tourism aims to attract investments to the sector during the current fiscal year of about EGP 13.342bn, of which 94% shall come from the private sector and 6% from the public sector.

A report issued"...

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27 Jul 2017

Can Egypt’s Natural Gas Production Be Doubled By 2020?

This excerpt is from a report that is available to subscribers of Stratas Advisors’ Global Hydrocarbon Supply and Global Upstream Project Analytics services.

Egypt is the third largest natural gas producer in"...

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27 Jul 2017

Egypt's Sisi says economic and social reform is the only way to preserve the state

Egypt's President Abdel-Fattah El-Sisi said on Tuesday evening at the Fourth National Conference for Youth in Alexandria that economic and social reform is the only way to preserve the country and undermine attempts to turn Egypt into a failed state.

"...

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27 Jul 2017

New multi-role ‘Rafale’ fighters arrive in Egypt

Two French multi-role ‘Rafale’ fighters joined the Air Force Wednesday, Spokesperson of the Armed Forces Col. Tamer el-Refaei said in a statement.

Refaei clarified that France has sent 11 out of 24 Rafale"...

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27 Jul 2017

UNIDO project seeks to revive Egypt’s cotton industry

A new UNIDO project will help revive the Egyptian cotton industry which produces some of the highest quality fibre, known all over the world as Egypt’s ‘white gold’. Although an important pillar of the Egyptian economy, the textile sector plays a marginal role in the global"...

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27 Jul 2017

Egypt backs reunion of South Sudan's SPLM

Egypt will back efforts to reunite warring factions of the Sudanese People's Liberation Movement (SPLM), led by Uganda's President Yoweri Museveni. Egyptian ambassador to South Sudan, Mr Ayman Elgamal said Cairo favoured the reunion of SPLM in order to achieve peace and stability in the war-torn country. “Egypt will support the reunion of the SPLM and the revitalisation of the South Sudan Peace Agreement to end the war and the suffering of the people in South Sudan,” he said. The party’s factions include SPLM-In......

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