Latest in Tag: development Highlight
Latest in Tag: development

Booz Allen Hamilton designing solutions for Egypt’s economic and security challenges
Booz Allen signs MOU on cyber security and announces a number of projects and strategies to help the Egyptian economy grow and recover from political turmoil that has recently gripped the nation

Despite a slight decrease in Q1 profits, SODIC is set for expansion and higher profits
SODIC announced the completion of a number of major projects, such as the Courtyard development and East Cairo projects, including Villette and Eastown

China invests a fortune in better infrastructure
China’s National Development and Reform Commission has announced hundreds of billions of dollars will be invested in modernizing the country’s infrastructure. Inner-city connections will take priority.

Do countries sacrifice democracy for development?
It is one of the most complicated issues faced by political economic studies for development. Just like other complicated issues, there are those who consider that a minimal level of democracy is required to achieve economic development, while others oppose that view. There are also those who say there is a dialectic and complicated relationship …

Sinai Development Agency invested EGP3.8bn in H1 FY 2015/2016
Egypt proposed $1.5bn worth of development projects in Sinai to Arab financial institutions in December 2015

Maat releases report on advancing healthcare services in Egypt
Approximately 90% of the public hospitals in Egypt are ill-equipped for several interdependent reasons, says syndicate

Qabil discusses development of cooperation with EU delegation
Minister of Industry and Foreign Trade Tarek Qabil met with the delegation of the European Union (EU) to Egypt with whom he discussed the importance of strengthening Euro-Mediterranean relations through the introduction of new programs and initiatives, and enhancing mutual cooperation within the region. “Egypt is keen to develop trade and economic relations with the …

Egypt to hold international meeting in May
Minister of International Cooperation invited president of ECOSOC to attend

SCZone signs MOU with Spanish alliance to develop East Port Said industrial area
The alliance will consult on power, desalination of water and residential projects worth €8bn

Egypt-China economic relations anticipate a boost
Cairo prepares 16 projects, MoUs to be signed with China in the fields of electricity, transportation, construction, agriculture, industry, education

6 Arab financial institutions proposed to develop Sinai Peninsula
Development in housing, transportation infrastructure, agriculture and education estimated at $1.5bn

Plan to develop 6th of October Gardens with EGP 1bn
Annual budget of EGP 2.5bn for 6th of October City Council

Al-Sisi met with the Chairman of the economic development
The meeting discussed ways to develop the projects at provinces

Funds to be secured for demolition and restructuring of informal settlements
EGP 10bn essential for medium term plan, three years plan of slums’ development

Egypt proposes Sinai development projects to Arab institutions
International Cooperation Minister says projects cost $1.5bn

UN releases 2015 Human Development Index
Human Development Index ranks Egypt 108th in its 2015 report

Shoukry reviews developmental projects with Japan
President Al-Sisi to visit Japan in early 2016

Cairo University’s semi-finalist participation in Enactus World Cup concludes
The team reached the semi-final round after competing against 34 worldwide teams in South Africa

Egypt takes actions to trim budget deficit
Government is seeking loans, private sector investments, and to increase tax base to address budget gap

South Korea showcases success story at innovation conference
Growth should be inclusive to avoid social problems in the future, says Korea Consulting Group Representative

Development works of 47 slums to be completed soon: Housing minister
32 areas will be developed during FY 2015/2016, Madbouly says

€13m from GIZ to develop unsafe slums: Madbouly
All unsafe slums will be fully developed in three years according to the ministry’s timetable

New free zone in Minya attracts $750m in investments
Zone’s cost of development will exceed EGP 450m, will be implemented in three phases over 10 years

Jordan’s Masaken Capital to acquire Cairo-based firm
Masaken Capital targets stock markets listing, projects for limited-income individuals

Egypt is only country in which Syrian refugees are not suffering: Aboulatta
Permanent ambassador to the UN says criticisms of Egypt are simply unjustified

Egypt was largest recipient of Official Development Assistance: UN Report
Final version of UN’s MDG gap task force report was released on Friday

Palm Hills still negotiating on 500 acre New Cairo project
MOU for project was signed during Economic Summit in March

Education is tomorrow’s oxygen
“Education is the most powerful weapon which you can use to change the world,” argued the late South African leader Nelson Mandela. Truer words have rarely been said, but I would qualify his statement by prefacing education with “quality”. By quality, I mean a system that allows children to problem solve, to think for themselves, …

Despite many successes, the poorest are still left behind: UN
The United Nations has set new sustainable development goals post-2015 to 2030

Billions expected to flow into Egypt after New Suez Canal opening: Analysts
Canal income to increase to approximately $13bn annually, over $100bn expected income of canal projects