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Industrial sector, investments will rise when Egypt offers preferential treatment to local products: Trade minister

  Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to local products will be referred to the presidency in September for approval. The minister, who also discussed the industrial lands and factory issues, stressed that …

Doaa Farid

Development of 26 slum areas over past 3 years resulted in EGP 1.5bn expenditure: Housing Ministry official

Expenditures for the development of 26 slum neighbourhoods over the past three years reached EGP 1.5bn, according to Manal Shaheen, General Director of Development Projects for the Governorates of Northern Cairo at the Ministry of Urban Development and Slums. The Ministry completed slum redevelopment in Port Said at EGP 87m, and a number of other …

Abdel Razek Al-Shuwekhi

The limit of Egyptian hospitality

When I met with the European Union’s Chief Observer Mario David at a polling station in downtown Cairo last week one thing that he highlighted to me was how welcome he and his fellow observers felt. He described “the salute they give us… the welcoming smiles” he had seen during his time in Cairo. He …

Joel Gulhane