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Natural resources to be used in Upper Egypt development project

Upper Egypt’s natural resources will be tapped into to develop the region through the Golden Triangle Project, the second largest developmental project run by the Egyptian government. The project seeks to establish a new industrial capital city through constructing a global, touristic, mining, economic, commercial, and industrial centre. It will also create a logistic and …

Daily News Egypt

Al-Sisi reveals plan to develop metallurgical industries

By Mohamed Ayyad Presidential candidate Abdel Fattah Al-Sisi announced his intentions to develop the metallurgical industries, saying that he seeks to shift from the export of raw minerals to the process of manufacturing minerals in Egypt and exporting them. The electoral platform said that this will achieve added value for the national economy and raise …

Daily News Egypt

Egypt’s investment problems: The Cemex case

By Iris Boutros The young, new Minister of Investment, Yehia Hamed recently announced that the government would not sell or privatise any of the public sector companies while in a meeting with the Egyptian Aluminum Company in Naga Hammadi, Qena, according to Egypt’s State Information Service on 14 May. He assured workers of public sector …

Daily News Egypt

Thousands in Qena reiterate demands to sack governor

CAIRO: Tens of thousands of protesters gathered following Friday prayers in Qena’s main square in front of the governorate’s headquarters, reiterating demands to sack Governor Emad Shehata Mikhael. Protesters called on Prime Minister Essam Sharaf and his deputy Yehia El-Gamal to visit Qena personally to discuss their demands. The Cabinet’s spokesman Ahmed Al-Saman visited Qena …


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