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MVNO to be decided next week

By Islam Serour Engineer Hany Mahmoud, Minister of Communication and Information Technology, stated in a press conference Thursday at the Smart village in Cairo, that the ministry will decide on the Mobile Virtual Network Operator (MVNO) offer after meeting with the board of the National Telecom Regulatory Authority (NTRA) scheduled for next week. He indicated …

Daily News Egypt

Sinai attacks prompt government to invest in development of peninsula

By Ibrahim El-Masry   Measures will be taken within days to increase investment in the Sinai peninsula and to better connect the region with the rest of the country according to Dr Mohamed Mahsoub, Minister of State for Legal and Parliamentary Councils. He added that a Sinai development law will be discussed to nominante Arish …

Daily News Egypt

Tourism Minister: expedite land allocation for recreational development

By Abdel Raziq El-Sheweikhy   Minister of Tourism, Hesham Zazou, has called on the Tourism Development Authority (TDA) to expedite its procedures for allocating lands for hotel and recreational development, starting with appraising the value of the lands to be offered. Major General Tarek Saad El-Din, head of the TDA, said that the authority plans …

Daily News Egypt

EU funds city sanitation and beautification project

By Mohamed El-Atroush The Chairman of the Federation of Egyptian Chambers of Commerce (FECC), Ahmed El-Wakeel, revealed that the Alexandria Chamber of Commerce obtained financing for the first stage of a project to remove trash and to beautify the city. The European Union (EU) is providing the financing for the project, which will cost EGP 40 …

Daily News Egypt

Egyptian-Indonesian deal for new automobile frame factory

By Asmaa Nabil A coalition of the Indonesian company Multistrada and the Transport and Engineering Company, a subsidiary of the Chemical Industries Holding Company (CIHC), are studying a plan to build an automobile frame factory financed by Misr Financial Investments. The factory will produce three million automobile frames per year. Amr Nashaat, the official spokesman …

Daily News Egypt

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