Latest in Tag: government Highlight
Latest in Tag: government
New fiscal measures to address state budget deficit
By Islam Zayed and Mohamed Abdel Monsef The Government has prepared a new bundle of legislation aimed at increasing national revenue and alleviating budget strain. The legislation is scheduled to be enacted by year’s end. The Ministry of Finance (MOF) will enact further legislation to collect overdue taxes. The new bill resembles the tax payment …
Bailout request by Spain would not affect debt rating: S&P
Madrid (AFP) – Ratings agency Standard and Poor’s said Wednesday that if Spain requested a full bailout from European Union rescue funds and the IMF, this would not affect the country’s debt rating. “The sovereign ratings on the Kingdom of Spain would likely not be directly affected should Spain’s government request a bailout through official …
Ministry of Electricity ready with third contingency plan
By Salah Elmenoufy The Ministry of Electricity (MOE) determined the new sites where it will implement its third contingency plan to meet the summer’s demand. Sources said that the plan includes establishing new power generation units in a number of already installed stations. These units will be established in Elseyuf station in Alexandria, Elmahmodeya, Damanhour …
Villagers take officials hostage over drinking water complaints
Al-Menofiya governor, the Health Minister taken as hostages by Al-Menofiya residents
Reconciliation
You need utopian idealists and pragmatic realists if we hope to make something of this mess we call a country
New transitional government announced in Mali
Two week after coup, Dioncounda Traore announced Mali’s interim president
Minister of health takes steps to secure hospitals
More security for 100 hospitals around Egypt, More medical supplies and improved PR departments to deal with Furious families
Power struggle in Jordan
Jordanian minister for media affairs slams the call to boycott upcoming parliamentary elections
Kuwaiti opposition protesting new electoral law
Opposition calling for mass protests, demanding changing electoral law
Floods in Sudan challenge beleaguered government
UN agencies are already providing relief efforts but Sudan has not asked for foreign assistance yet
Ministries to launch an Intelligent Transportation System collaboratively
By Mohamed Radwan The Ministries of Communications and Transportation plan to restructure the transportation system in Egypt by launching an Intelligent Transportation System (ITS) in a number of Egyptian governorates. Preliminary cost estimates put the project at EGP 1 billion to be implemented over two phases. A Ministry of Communications official said that the Ministry …
Former Lebanese Minister to face “terror plot” charges
The two time minister, who was arrested by Lebanese Internal Security Forces last Thursday
Constitution drafting due September
Spokesman for Egypt’s Constitutional Assembly, Wahid Abdel-Maguid, has announced the assembly will conclude the drafting of articles in September and will then have the drafting committee vote on them. He also told Shorouk newspaper that the constitution would then be adopted in the event of a consensus or voted on if contentious issues arise. He …
Rafah crossing closed again
Government closes Rafah border, Military equipment moved to Sinai, following last week’s attack
Tunisians protest lack of change since revolution
Six protesters injured in anti-government protest in Sidi Bouzid
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 …
Spy chief had information on Rafah before attack
Head of intelligence service widely criticised for remarks to Turkish news agency
Myanmar press freedom protests
The censorship that dominated during Burma’s long history of military rule still controls the media
Qandil’s Government: failing the political diversity test
It is too early to judge the policies or the performance of Hesham Qandil’s government, but it is a suitable time to judge the political significance of its makeup and what this represents. The selection of ministers in Qandil’s government is the first real step towards creating President Mohamed Morsy’s administration. During his first month …
Government attracts funding originally allocated for SMEs
By Nasser Youssef The government’s expansion of high interest bonds and treasury bills led to a decrease in financing for small and medium sized enterprises (SMEs), the support of which the state claimed to be the primary goal of the post revolution government. The state resorted to the banking system in order to close the …
FJP headquarters burned
The party is proceeding with legal action following fires at two buildings in Cairo and Giza
Petroleum Minster stresses subsidies’ rationalisation
By Ahmed Mokhtar Abdullah Ghorab, Minister of Petroleum and Mineral Resources, has said that the petroleum sector was able to persevere and see some success, despite the difficulties that have faced the Egyptian economy and negatively impacted a number of sectors. He noted that petroleum workers performed well despite the significant increase in demand for fuel …
Government instates 15% raise for non-public sector employees
By Mahmoud Salah El-Din The government has instituted a 15% salary raise for the employees of the private sector, non-governmental organisations, and private institutions as of July 1. The raise followed issuance of law 82 of 2012. Refaat Hassan, Minister of Manpower, said the award was decided following the annual bonus negotiation meeting, held on …
Organisation for Mining Revival requests $100m to support study on mineral resources
By Nihal Mounir The Organization for Mining Revival (OMR) has submitted an urgent memorandum to Dr FayzaA boul Naga, Minister of Planning and International Cooperation, requesting $100 million in foreign grants over four years. The grants will be for the General Authority for Mineral Wealth (GAMW), to support a project conducting comprehensive studies about Egypt’s …
Review: Sectarian strife and the cabinet are in focus
Egypt’s most prominent writers reflect their opinions on major issues facing Egypt
PM pressures El-Saeed to stay as Finance Minister
Hisham Qandil seeks re-appointing Momtaz El-Saeed.
Outgoing Finance Minister blames economic ills on Egyptians
Egypt’s Minister of Finance Saeed El-Momtaz denies rumors about remaining in his position
Controversy over Awqaf appointment continues
The appointment of Mohamed Yousri Ibrahim has been widely criticised by religious and political authorities.
Cracks deepen in Tunisia’s coalition leadership over resignation
Finance Minister Hussein Dimassi cites Ennahda nepotism as reason for resignation
Summer Ramadan yields adverse impact on banks
By Asmaa Nabil With the arrival of Ramadan during the summer, several bank divisions are expected to suffer from a period stagnation, in contrast to the usual stability of this time of year. Banks traditionally see an increase in demand for credit that coincides with Egyptians returning from abroad. In addition, banks often reduce their …