Latest in Tag: National Projects Highlight
Latest in Tag: National Projects

National projects in Egypt create great investment opportunities: Western Digital
In exclusive statements to Daily News Egypt, Azzi explained that the Egyptian market has great investment opportunities, especially with the size of the giant national projects implemented by the Egyptian government with the latest international technologies.

Al-Sisi follows up on national projects in fourth-generation cities
30,000 units were allocated to public employees in New Capital

Egypt to raise electrical output to the North Coast by 50% to feed national projects
Minister of Electricity and Renewable Energy Mohamed Shaker told Daily News Egypt that the total load for the North Coast region is 1,185 MW. Projects with a capacity of 1,015 MW have been contracted, and 170 MW are expected to be added to raise the capacities exported to Libya.

Irrigation Minister reviews Survey Authority’s contribution to national projects
Authority currently carries out survey for South Valley Development Project area

We are helping repatriated Egyptian workers join national projects: Makram
About 12,000 stranded Egyptians have arrived home on 70 flights since late April, says Civil Aviation Ministry source

Al-Sisi urges delay in national projects to 2021 amid Coronavirus outbreak
During a meeting with Prime Minister Mostafa Madbouly and Minister of Housing Essam El-Gazzar, Al-Sisi urged for the highest precautionary levels be implemented at construction sites. This would include the provision of all health and safety requirements to workers at the sites.

National projects most likely to capture bank financing, foreign loans
Bank loans in the past two years increased by EGP 508bn, recording EGP 1.801bn at the end of December against EGP 2.293bn

Emaar Misr donates $50m to develop informal housing areas, national projects in Egypt
The board of directors of Emaar Misr announced on Tuesday a donation of EGP 878m ($50m) to develop informal housing areas in Egypt. Emaar Misr said that this donation is due to its belief in the developmental role that private sector companies must play toward contributing to community initiatives and social projects, as well as improving …

Al-Sisi inaugurates new national projects ahead of election
3,000 factories will be operational in Upper Egypt by end-2018

2018 is year of transition, not prosperity: Kamal
State continues to import most production components, many goods, case which may not change much in 2018

Al-Sisi demands work on all national projects to be concluded this year
The president stressed on ending encroachment on agricultural lands

National projects are failing due to lack of jobs around it: Hamza

The feasibility of Egypt’s national projects
On 18 October, , said that Egypt has to focus on developing its investment climate instead of national projects. However, nobody feels the economic effects of the three main national projects that Abdel Fattah Al-Sisi announced would be implemented when he became president over two years ago, including developing the Suez Canal area, the …

The government asks for money, simply because it can: economics professor
Poor financial planning, using loans in the wrong projects are the largest external debt problems

Egypt, China sign agreement to research and execute 18 projects
Egyptian and Chinese ministers approved the top priority projects list that was put forth during the G20-Ministers of Trade meeting last Sunday

In Video: Major national projects can help accelerate growth: Masood
Video Editing by Omar Korashi

Contractor companies to form alliances, implement national projects
Alliances accelerate implementation of mega national projects, says Salah

Government adopts new financial instruments to implement national projects, including Sukuk
We aim to raise economic growth to 10% by 2030: Ismail

How will the government acquire financing sources for national projects?
The presidency announced several times that it supports the implementation of billion-pound national mega projects whether in the infrastructure sector, logistic services sector, or land reclamation. However, financing mechanisms remain a matter of controversy in governmental projects. A prominent example is the amendment of the government’s plan for land reclamation, decreasing the targeted area of …

World Bank agrees to raise Egypt’s portfolio to $6bn: Nasr
World Bank highly considers giving $3bn loan to support budget, the first since 25 January Revolution

Contracting sector seeks banking assistance to implement major national projects
Banks are rejecting the issuance of letters of guarantee if projects belong to the Sinai region and the Suez Canal area, says Daker Abdellah

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

Repetition of Suez Canal certificates possible for other projects: Al-Araby
Consultant for Golden Triangle project to be selected in October, planning minister says

Over EGP 130bn needed to develop Egypt’s CIT infrastructure: Communications minister
When communications and IT are updated, GDP growth rate can reach 7% by 2020, says Helmy

Libyan investment projects sustain double-digit growth
International Monetary Fund forecasts Libyan economic growth to reach 16.5% in 2013