Latest in Tag: government Highlight
Latest in Tag: government

In Cartoon: Government’s Budget

Budget deficit will be above government expectations: Fitch Ratings
Mega projects were a catalyst for some private sector investments and helped lift business confidence in Egypt, says Fitch Senior Director

EGX discusses four major issues with the government in 2016
The postponement of the capital gains tax tops EGX’s agenda; EGX will discuss the issue in parliament

Polish government moves to control public media
Poland’s new conservative government wants to pass a media law that would effectively turn public broadcasters into mouthpieces for the government. Warsaw has already drawn scorn for politicizing the judiciary.
Poland’s new conservative government wants to pass a media law that would effectively turn public broadcasters into mouthpieces for the government. Warsaw has already drawn scorn for politicizing the judiciary.

Unity government in Libya poised to proceed
Libya’s opposing parties aim to form a unity government at a meeting in Rome. The conference will also aim to mobilize international aid for the country. Time is short, as “IS” is growing stronger in Libya. Italy’s Prime Minister Matteo Renzi has issued an urgent warning: Europe should concern itself more with its southern neighbors …

Could Morocco’s megaplant revive dreams of Saharan solar?
In December, the first plant of a gigantic thermal solar power complex on the edge of the Sahara will go online. But this does not fulfill a former dream of exporting such power to Europe – which is still a long way off. Bold plans to use desert sun to supply northern energy needs were …

Spurring Africa’s industrialization
Experts say the German government needs to do much more to spur investment in Africa by German industries. Establishment of special economic zones and new energy infrastructure are among the measures that would help. The Pope is in Kenya on the second day of his grand tour of Africa. Between speeches preaching family values, Pope …

Government efforts to remain in power with parliament’s approval
Parliament will agree given absence of majority party, says political analyst

Government racing against clock to win next parliament’s trust
Security, economic growth, social justice, and improving citizens’ lives are programme’s basics, says governmental official

Turkey’s Erdogan tasks Davutoglu to form new government
After reclaiming their parliamentary majority in November, AKP lawmakers are set to retake key positions in the government. The Turkish prime minister has been instructed to form the new government. Turkish President Recep Tayyip Erdogan on Tuesday reappointed Justice and Development Party (AKP) leader Ahmet Davutoglu as prime minister, providing the conservative leader with a …

Afghans losing confidence in new government, survey says
More Afghans than at any time since 2004 feel their country is moving in the wrong direction, a new survey found. Insecurity, graft, a struggling economy and Kabul’s ability to tackle key issues top the list of concerns. The nationwide survey, published by The Asia Foundation on Tuesday, November 17, shows that Afghan optimism about …

Want to be heard? Surveillance art project wants you to let NSA listen
Cologne’s stone advertising columns are iconic – as iconic as Germany’s loathing of government surveillance. Artist Christian Sievers is using these “Litfaßsäulen” to say: don’t be scared, call this number! The message is loud and clear: we have no fear! “This mobile phone was used to call the personal number of William Binney, a former …

German parliament passes anti-doping law
German lawmakers have passed a law against doping, providing for jail terms for offending athletes. This came as the IAAF was set to decide whether to take action against the Russian federation over doping allegations. Chancellor Angela Merkel’s grand coalition government used its large majority in the lower house, the Bundestag, to easily pass the …

Ifo think tank sees refugee costs soaring
Germany’s Ifo economic think tank has more than doubled its estimate of what the influx of refugees will cost the country as it expects higher numbers of asylum-seekers and additional outlays already this year. The Munich-based Ifo institute released a new cost estimate on Tuesday, showing German government expenditures on refugees soaring to 21.1 billion …

Misr Al-Qawia Party criticises state over floods crisis
People dead, property damaged because of corruption and negligence, says party

400 private, government sector representatives to discuss financial leasing legislation
Partnership Development conference seeks to integrate financial leasing in economic development plans

Egypt ranked in high risk category for corruption in defence, security sectors
Detailed defence budgets on global scale not made public, only aggregated numbers are published, says military source

Obama administration to step up strategy to fight Islamic State
Defense Secretary Ashton Carter has said the US will ramp up air strikes against the terror group in Syria and Iraq. His testimony comes as Russia and Syrian government forces step up their own attacks on the group. Secretary of Defense Ashton Carter said on Tuesday the Obama administration is stepping up its military campaign …

What if we all voted?
Last week, I closely followed, in a combination of shock, sarcasm and cynicism, the parliamentary elections participation rate frenzy. The low rates of participation were neither shocking nor surprising, but the amount of justification and propaganda that surrounded those rates was frightful. The fact that mass media, whether private or state owned, became a platform …

Islamists issue death threat against leading Bangladeshi blogger
Bangladeshi blogger Imran H Sarker says he has received a death threat from the “Islamic State” via Facebook. In an interview with DW, the blogger explained why he is taking the threat seriously. Dhaka-based blogger Imran H Sarker is one of the most widely read and popular bloggers in the country with nearly a million …

Syrian ground offensive advances on Aleppo under Russian cover
Ground offensives led by the Syrian army and their allies have continued into the start of the week. Three rebel groups affiliated with the “Free Syrian Army” (FSA) reportedly received munitions from the US. Syrian government troops and their allies pushed on with their offensive a few kilometers south of the northern city of Aleppo …

Obama announces deployment of 300 troops to Cameroon
US President Barack Obama has said he will send troops to Cameroon in order to counter the terror group Boko Haram. The central African country was the target of an attack this past weekend. President Obama informed Congress on Wednesday it was sending 300 soldiers to Cameroon as part of the fight against the terrorist …

Government wants to increase private sector investment
Egypt is targeting to reach $10bn in FDI over current fiscal year

Government seeks economic growth of 1.5% annually: Prime Minister
State is combating corruption in order to carry out national investment projects

Schneider Electric aims to double growth within next 5 years: Executive VP
Company is following government’s master plan, which is investing in renewable energy, says Frédéric Abbal

Government plans to borrow EGP 281.5bn from banks in coming 3 months
Finance ministry to issue treasury bills worth EGP 199.5bn, bonds worth EGP 82bn from October to end of December

UN: Not enough money for refugees in Iraq
More than three million Iraqis are on the run in their own country. The United Nations are sounding the alarm bells. The refugee situation is getting increasingly desperate due to a shortage of funding. Now, more than a year after “Islamic State” (IS) gained a foothold in Iraq, UN representative Dominik Bartsch is painting a …

UN Women, EU Commission launch ‘Khadija’ network for women’s economic empowerment
“We want Arab governments to specify 25% quota for women’s businesses,” says UN Regional Director

UK pledges billions for nuclear plant
The British Chancellor has announced billions in government backing for the controversial Hinkley Point nuclear station. The announcement came during a trip to China, during which he sought to court Asian investors. British finance minister George Osborne on Monday sought to win over foreign investors, as he pledged £2 billion (2.75 billion euros, $3.11 billion) …

EU relaxed about Greek elections
Six weeks after settling a third bailout package, Brussels’ attention to Greece has waned, even as Sunday’s vote looms. Everyone hopes that a new government will implement the aid program without any more conflicts. For about half a year, meetings of eurozone finance ministers took place under the spell of the “G-word.” Yet Greece was …