development
LE400 million to be allocated for canal cities annually
Egypt
February 19, 2013
LE400 million to be allocated for canal cities annually
Suez Canal revenues worth LE400 million will be annually allocated to Port Said, Ismailia and Suez Governorates, the administration said in…
World Bank grants Egypt US$6.7 mn for water resources
Egypt
February 17, 2013
World Bank grants Egypt US$6.7 mn for water resources
The World Bank is granting Egypt US$6.7 million to improve its management of water resources, World Bank Senior Operations Officer Husam…
Moving ground: Sinai’s economic woes
Egypt
October 11, 2012
Moving ground: Sinai’s economic woes
ARISH — As President Mohamed Morsy met with community leaders in the capital of North Sinai, residents of the neighborhood…
Postcards from Luxor: Gurna, home to big development, dwindling tourism, and a still-hopeful community
Life & Style
September 16, 2012
Postcards from Luxor: Gurna, home to big development, dwindling tourism, and a still-hopeful community
The once tranquil rural village of Gurna now looks like a reflection of Luxor City. Only two years ago, streets…
New lands to be available for industrial development
Business
September 9, 2012
New lands to be available for industrial development
Up to 5 million square meters of new lands will be available for industrial investment soon, divided into nine industrial…
Qatar says to invest US$18 billion in Egypt economy
Business
September 7, 2012
Qatar says to invest US$18 billion in Egypt economy
Qatar said on Thursday it would invest US$18 billion dollars in tourism and industry projects along Egypt's Mediterranean coast over…
Donors pledge US$6.4 billion in aid to Yemen
World
September 4, 2012
Donors pledge US$6.4 billion in aid to Yemen
RIYADH — A group of international donors pledged US$6.4 billion of aid to Yemen on Tuesday to help the impoverished country rebuild after it…
Egypt needs investments of US$45 billion to meet target growth rate
Business
September 4, 2012
Egypt needs investments of US$45 billion to meet target growth rate
Egypt needs LE276 billion (US$45 billion) in investment this year to meet its targeted growth rate, Prime Minister Hesham Qandil…
Govt allocates LE1.95 bn for Sinai development
Egypt
September 3, 2012
Govt allocates LE1.95 bn for Sinai development
The government allocated LE1.95 billion for the development of Sinai in the current year's budget, said on Monday Major General…
US delegation in favor of IMF loan, protesters say no
Business
August 29, 2012
US delegation in favor of IMF loan, protesters say no
The head of the US economic delegation said Wednesday that United States welcomes Egypt's negotiations with the IMF as the…