Latest in Tag: government Highlight
Latest in Tag: government
Egypt joins JPMorgan Chase government bond index watch list
Country had previously been on the list but was removed in June 2011 for not meeting requirements
Egyptian Government eyes borrowing EGP 642.5bn from local market in Q2 2021
Finance Ministry issues 52 tenders for T-bills worth EGP 462bn, 35 bids for bonds worth EGP 180.5bn from April to June end
Lebanon faces challenges forming government, fears situation may explode
Protesters gathered near Republican Palace to call for President’s resignation, and for Prime Minister-designate Hariri to apologise for forming government
Government works on reviving Historic Cairo by integrating old buildings into surroundings: Madbouly
Urban rehabilitation requires improving built environment, housing, infrastructure, and local services
EGP 260m allocated to improve social protections: Egyptian Finance Minister
Egypt ranks first in indebtedness reduction index, says Mohamed Maait
Government affirms positive IMF reviews of Egypt’s economic progress
IMF praises Egyptian government’s provision of assistance to individuals, companies most affected by pandemic
Parliament continues review of government performance
President Al-Sisi directs for coordination with specialised companies for local production of railway rods
Parliament summons 10 ministers to review government performance
During past week, Ministers of Foreign Affairs, Water Resources, and Agriculture addressed parliament on their work
Egypt welcomes formation of Yemen’s power-sharing government
Yemen’s President Abd Rabbu Mansour Hadi announced that PM Maeen Abdulmalik was reappointed to head the new cabinet
Government reviews latest developments in ‘Your Work in Your Village’ initiative for SMEs
384 industrial complexes, 650 medium projects, and 2k small and micro enterprises will be established, providing 330k jobs: Minister Shaarawy
Government settles EGP 13.5bn debts of public business sector companies
These debts are estimated at EGP 13.5bn, with their settlement coming in light of the government’s efforts to settle and repay the accumulated historical debts of that sector.
Government aims to enhance social protection programmes through development funds
During the meeting, they discussed the projects that are being implemented in cooperation with development partners in the field of social protection, the most important of which is the Takaful and Karama programme, funded by the World Bank.
Government to disburse irregular labourers’ aid early December
The disbursement of the finance comes in a bid to support this segment of Egyptian society, particularly as it has been badly hit by the novel coronavirus (COVID-19) pandemic.
Government’s e-payment portal records EGP 36m transactions since September: El-Said
Total of 250 technology centres will be developed to provide 120 services across Egypt, says Planning Minister
Government discusses establishment of new tourism project in Sharm El Sheikh’s Ras Jamila
The two ministries will cooperate with El-Montazah for Tourism and Investment and EMAC Aqaba Company to build the tourism project.
Government continues investment in new projects, services: El-Said
Egypt’s public investments rose 70% to EGP 595bn, says Planning Minister
Egypt surges 34 places in Government AI Readiness Index
Country ranks 7th out of 17 Arab countries, and 8th out of 18 countries in MENA region
Egypt government aims to increase VAT on snacks, sweets to 14%
Naeem Research sees that the amendments, if approved, would affect snacks and sweet manufacturers badly, while they have already been negatively impacted by the novel coronavirus (COVID-19) pandemic.
Government prepares Greater Cairo building requirements for urban control
The ministerial review took place in the presence of ministry officials and urban planning professors from several Egyptian universities.
Government invests EGP 29.6bn in Qena, Sohag over 4 years: Planning Minister
El-Said said that the remarkable growth in the volume of investments directed to the governorates comes as part of the government’s keenness to reduce development gaps by focusing on the governorates most in need.
Government allocates EGP7.1 bn to commodity, service agencies in September
The beneficiaries of the urgent finance include: the General Authority for Supply Commodities (GASC); the Holding Company for Spinning and Weaving; and the National Media Authority. It also financed subsidies for student subscriptions to the Cairo Metro, the home delivery of natural gas, medicines, and infant formula.
Government to borrow EGP 640bn through T-bills, bonds over next 3 months
Tenders will be issued from beginning of October to end of December 2020: Finance Ministry
Lebanon returns to square 1 following failure of government
Solution to Lebanese crisis embodied in return to French initiative, forming government far from logic of sectarian quotas, says Lebanese MP
Egyptian government to pay exporters’ dues in cash at 15% discount
153 exporting companies received first batch of dues worth EGP 1.8bn
Government explores management mechanisms of untapped state assets
They also tackled the participation of the private sector in implementing seawater desalination projects.
Egypt launches national trial of digital platform for government services
New platform offers 70 government services, including food rations and vehicle licensing
Egypt launches trial run of digital government services platform
New platform offers 70 services covering vehicle and driving licensing, public notary, and electronic filing of lawsuits
Egypt government discusses technological preparations for hosting Handball World Cup
Championship to be held in Cairo, New Administrative Capital, 6th of October city, and Borg El-Arab city in Alexandria
Lebanon’s Parliamentary speaker urges for new government following Beirut port blast
Parliament approves State of Emergency declared by caretaker government
Egypt’s government investments stand at EGP 280.7bn in FY 2020/21 budget
The new investments aim to move the economy onto sustainable growth, and to provide new job opportunities, especially in light of the global economy slowdown as a result of the novel coronavirus pandemic.