Latest in Tag: development Highlight
Latest in Tag: development

Pandemic highlights need for investing in development, human capital: Al-Mashat
COVID-19 has also re-emphasised multilateralism to meet evolving humanitarian needs

State will not absent itself again from Egypt’s development: President Al-Sisi
Al-Mahmoudiya Axis costs EGP 11.5bn; and investments in oil and mineral resources sector exceeds EGP 1.16trn in more than 159 projects, says PM Mostafa Madbouly

Afaaq invests EGP 600m to complete Amorada New Cairo development
Company plans to develop new Amorada project in New Administrative Capital, says Chairperson

HomeBerry provides development, marketing consultancy for projects with EGP 6bn sales
CEO and Founder of HomeBerry Mohamed Elwy said the company provided integrated consultations for three projects since its inception six months ago; a residential compound in New Cairo, administrative units in Sixth of October, and a residential project in the New Administrative Capital.

Government explores development of waste management in Matrouh
We’ll focus on improving health, social environment, attract more tourists, says Matrouh governor

Al-Sisi directs further development in Sinai
President held a meeting with top state officials to discuss development projects in the peninsula

Architecture and Sustainable Development roundtable to kick off 26 October
Mahmoud Abdel Mohsen, the company’s chairperson, said that the discussions tackle sustainable development, the state’s strategies so far, and the challenges facing developers.

Four companies compete over consulting for Lake Qaroun development
Offers are being evaluated, winning company to be announced next month

MSMEDA injects EGP 260m to finance 35 development projects in Cairo, Giza
Since its inception, agency has provided EGP 6.4bn worth grants to implement labour-intensive projects

Government allocates EGP 500m for Marina Alamein’s Development
Taamir is negotiating with several government agencies for new activities in city, says Zaazou

Domestic trade development 2018 overview
New logistics zones with investments of EGP 33bn

EGP 942bn investments in government’s development plan for FY 2018/19
The government’s economic and social development plan for fiscal year (FY) 2018/19 includes total investments of EGP 942bn. The new plan marks a 46% increase compared to FY 2017/18. The plan was revealed by Prime Minister Sherif Ismail during a cabinet meeting on Thursday. Ismail explained that it is the largest investment plan in Egyptian …

Nasr signs EGP 1bn agreements with KFAED to support North Sinai development
Agreements aim to link houses in Arish to the water network and reclaim 400,000 feddans in North Sinai

Tahya Misr launches EGP 320m urgent development plan in Aswan
The fund provides ATM cards for breadwinner women in cooperation with Nasser Social Bank

Wadi Degla Developments launches Promenade New Cairo
The new project occupies a total area of 140,000sqm

Immigration Minister hosts Egypt’s first workshop on harnessing migration for development
Abdel Shahid chaired the event in Cairo, attendees included representatives of over 20 embassies and development agencies

Ghada Wali seeks potential support for interdependence and dignity with UNDP representative
Minister of Social Solidarity Ghada Waly sought possible support on Monday for “interdependence and dignity” programmes with Richard Dictus, United Nations (UN) and UN Development Programme resident coordinator in Egypt. A statement from the ministry on Monday said that the meeting tackled ways of collaboration and the UNDP’s desire to support the ministry in its …

Emirates Heights seeks to restructure departments, develop customer service
Emirates Heights started a comprehensive restructure of all its departments, especially after the recent crisis experienced by the company in light of the harsh economic climate in Egypt and the decline of the tourism sector. The company’s situation has recently stabilised and it had started to deliver the housing units for its customers who paid …

Officials meet foreign diplomats, talk counter-terrorism and development
Minister of Interior Magdy Abdel Ghaffar met minister of state for security at the home office Ben Wallace and discussed latest security operations

Parliament approves 4 agreements worth $3.5bn for international cooperation with Germany, Korea, Japan, Kuwaiti Fund for Development
Germany and Korea to finance construction of 5 water desalination plants in South Sinai and Borg El-Arab airport expansion

EGP 3bn allocated for New El Alamein development in FY 2016/17: Ministry of Planning
A plan of the first phase is being drafted on 8,000 feddans

Global economic decline poses challenge to Egypt’s development
Despite promises of recovery, faith in IMF policies have been seriously challenged in IMF, WB and WTO reports

The new preachers and the statues of social justice in Egypt
Aridity: It is not so odd that the new preachers are dressed in the robes of hermits. What feels oddest is the state of caste they embody. Finding their origins in a wealthier class has inevitably and unwillingly presented them as preachers to that very social class, which is not degrading, as the existence of …

Booz Allen Hamilton designing solutions for Egypt’s economic and security challenges
Booz Allen signs MOU on cyber security and announces a number of projects and strategies to help the Egyptian economy grow and recover from political turmoil that has recently gripped the nation

Despite a slight decrease in Q1 profits, SODIC is set for expansion and higher profits
SODIC announced the completion of a number of major projects, such as the Courtyard development and East Cairo projects, including Villette and Eastown

China invests a fortune in better infrastructure
China’s National Development and Reform Commission has announced hundreds of billions of dollars will be invested in modernizing the country’s infrastructure. Inner-city connections will take priority.

Do countries sacrifice democracy for development?
It is one of the most complicated issues faced by political economic studies for development. Just like other complicated issues, there are those who consider that a minimal level of democracy is required to achieve economic development, while others oppose that view. There are also those who say there is a dialectic and complicated relationship …

Sinai Development Agency invested EGP3.8bn in H1 FY 2015/2016
Egypt proposed $1.5bn worth of development projects in Sinai to Arab financial institutions in December 2015

Maat releases report on advancing healthcare services in Egypt
Approximately 90% of the public hospitals in Egypt are ill-equipped for several interdependent reasons, says syndicate

Qabil discusses development of cooperation with EU delegation
Minister of Industry and Foreign Trade Tarek Qabil met with the delegation of the European Union (EU) to Egypt with whom he discussed the importance of strengthening Euro-Mediterranean relations through the introduction of new programs and initiatives, and enhancing mutual cooperation within the region. “Egypt is keen to develop trade and economic relations with the …