Latest in Tag: Infrastructure Highlight
Latest in Tag: Infrastructure

Technology driving force for infrastructure, education, transportation, entrepreneurship: Al-Mashat
Egypt’s digital transformation plan will see country heading towards paperless government, says Minister of International Cooperation

Egypt, EBRD address extending projects in green economy, infrastructure
EBRD chief Odell Reno-Paso is expected to visit Cairo this month, first visit to one of bank’s operations in region since she took office last November

SMEs Development Agency injects EGP 2.4bn in infrastructure over 6 years
Agency keen to continuously coordinate with International Cooperation Ministry in providing necessary funding for national projects

Egypt prioritises health, infrastructure service development: Prime Minister
Madbouly expresses appreciation of medical personnel combating COVID-19

Egypt needs more post-pandemic healthcare, education, infrastructure investments: UN
Pandemic is altering global expenditure priorities, says Mahmoud Mohieldin

Madbouly calls on Swiss companies to increase investments in textile, infrastructure
Swiss businesses introduce proposals to enhance Egypt’s business environment

EGP 4trn pumped into Egypt’s infrastructure
Annual increase in population is 3 million citizens, expected to reach 150 to 180 million by 2052, says deputy minister of housing

Egypt, France to promote joint cooperation in entrepreneurship, infrastructure, SMEs: French ambassador
French companies are more interested to invest in Egypt now than two or three years ago, says Stéphane Romatet

Nasr signs MoU with ICD to finance infrastructure projects
Nasr signed a $10m financing agreement with the IDB to combat bird flu

Al-Sisi forms North Sinai Development Committee headed by Mehleb
President Abdel Fattah Al-Sisi appointed Ibrahim Mehleb, former prime minister and current advisor to the president on national and strategic projects, as head of a new North Sinai developmental committee on Tuesday. According to the presidential decree, the committee will be responsible for a number of infrastructure projects that aim to improve the living conditions …

Credit Agricole Egypt supports 6,000 students, connects 2,000 homes to water in Upper Egypt
The bank expects to connect 3,000 homes to potable water systems during 2016

EGX’s technological infrastructure development plan begins with establishment of first modern data centre
New disaster recovery building to be built in Fifth Settlement as part of plan, Omran says

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.

Money for Asia: No big deal
Developing countries in Asia require huge sums of money to develop their infrastructure. The money’s there, yet investors are still reluctant. DW’s Andreas Becker reports from the ADB’s annual meeting in Frankfurt.

Prime Minister, UK Envoy discuss investment opportunities in Egypt
British companies have expressed interest in investment opportunities in energy, infrastructure, and education

Al-Sisi inaugurates housing, infrastructure projects across Egypt
The president instructed officials to begin work on these projects

Sigma Capital to raise issued capital to EGP 100m in 2016
Two IPOs to be launched in pharmaceuticals and construction sectors by mid 2016

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 …

IFC provides power to 10.7 million MENA customers in 2014
IFC’s contribution to energy sector aided in raising the region’s capacity with an excess of 10,000 GW

Redirecting the ECB’s financial firehose
A European Union advisory group representing nearly 400 business, labor and civil society organizations wants the European Central Bank to redirect its money creation powers toward funding new EU infrastructure. Meeting in Brussels, a couple of dozen sober-suited economists and other experts have quietly called for a revolution in the way the EU runs its …

Egypt’s insurance market prospects are encouraging: Moody’s
Economic hurdles such as poverty and shortage of skilled workers will slow sector’s growth

Egypt GCI ranking of 116th is first improvement since 2011
Country makes slight improvements in basic requirements in 2015-2016, says GCI report

Mobinil plans to increase capital next year: CEO
In an interview with Daily News Egypt, Mobinil CEO Yves Gauthier discussed the latest developments regarding the company’s debt restructuring process. Gauthier also tackled the status of and challenges facing the telecom market in Egypt. How does Orange International evaluate the telecom market in Egypt? It’s a big market, the country has around 90 million …

Mobinil plans to increase capital next year: CEO
TE has monopoly on Egypt’s internet market where they can fix the price they want, says Gauthier

Bechtel seeks prominent role in Egypt’s infrastructure sector: David Welch
We as a company think that Egypt has been and will be a good place to work, says President of Europe, Africa and Middle East region

IFC commits $783m to MENA infrastructure in FY 2014/2015: Egypt director
There is much space for future PPPs in infrastructure, port expansions, and industrial and logistics zones, says Shousha

Egypt’s OTMT, European REC to provide solar power integrated solutions
The implementation of solar power plants tends to be much faster than other types, such as coal and wind, says Senior Vice President EMEA at REC

Egypt’s economy needs FDI push for its flat battery: British Ambassador
British investors demand fair treatment from government, competition to be opened up in private sector, says Casson

Al-Sisi discusses infrastructure, railway cooperation in Hungary
Egypt and Hungary signed an agreement in 2013 to develop trains
Infrastructure, proliferation of services keys to doubling TE’s revenues in a year: Experts
Losses started with Mobinil entering the market, and licences should not be issued without the development of the operators’ infrastructure, says Abu Quraish