Latest in Tag: poverty Highlight
Latest in Tag: poverty

$400m World Bank loan to be repaid over 35 years
The grant component of the loan is valued at 69.47%

World Bank provides $400m towards supporting 1.5 million Egyptian families
Families to receive support will be chosen carefully to ensure resources are sent to the poorest sectors and those desperately in need

9.2 million children suffer from poverty
4.9 million children live under poverty line in rural Upper Egypt, 1.8 million in rural lower Egypt

Coming up with smart ways to end poverty
By Bjørn Lomborg Extreme poverty – or living on less than $1.25 a day – is a continuing problem for far too many people today. In Egypt for instance, such poverty still afflicts about 1.3 million people, according to the World Bank. It is also arguably one of the most important challenges to address because …

Private sector gives priority to returning Libya workers
Manpower minister to count numbers returning, calls workers to fill a form with their details and losses to require compensation
Farmer dreams of having a big family despite poverty
Despite 3 wives and 20 children, he still wants a 4th wife

Minor rockslide following evacuation in Manshiyet Nasser
“We forced people out to save their lives,” says official

Ayady Company launches with EGP 10bn in capital
Government is contributing EGP 2bn to new company

EFG-Hermes donates EGP 50m for poor villages
EFG-Hermes Chairperson Mona Zulfikar said her company seeks, through scientific and field studies, to develop the neediest areas in Egypt by combating poverty, developing health care, education, housing, water, and sanitation.

Education: The global antidote to poverty, disease and terrorism
By Dr Cesar Chelala Despite enormous technological advances, humanity continues to grapple with three enormous burdens: poverty, disease and terrorism (both individual and state-sponsored.) Although the policies aimed at solving those problems are different, there is one approach that can help lower the negative effect of all three: education. There is a clear connection between …
Over 50% of Egyptian youth are poor: CAPMAS
The statistics agency stated that 29%or approximately 5.8 million, of the country’s youth are unemployed.

EGP 600m allocated for slum development in budget: Ministry of Planning
European Union (EU) to provide € 1.5m for development in slum areas and other civil society projects implementation of projects for the development of informal areas

Sudden energy subsidies cut will create lower-middle class outcry: Economist
Government increased petroleum product prices Saturday after cutting subsidies

20,000 people in Syria’s Yarmuk camp face starvation
Yarmuk soon became a war zone too, as Syrians taking up arms against President Bashar Al-Assad’s regime moved into the camp.

World Economic Forum warns of dangers in growing inequality
A chronic gap between rich and poor is yawning wider, posing the biggest single risk to the world in 2014

26.3% of Egypt is poor: CAPMAS
Poverty increased by an annual 1.1%, while an Egyptian five-headed household needs EGP 1,620 to fulfill its basic needs

Half of Syria living in poverty: UN
“More than half the population now live in poverty, with 7.9 million people becoming poor since the beginning of the crisis, of whom 4.4 million now live in extreme poverty,” the report said.

Educate girls to alleviate poverty
By Dr Cesar Chelala Inequality and unequal access to education holds millions of girls and women back across the world. While the “gender gap” in education has narrowed over the past decade, girls are still at a disadvantage, particularly in getting access to high school education. And women still constitute two-thirds of the world’s illiterate …

Central Agency for Public Mobilisation and Statistics: 51.3% of youths live in poverty in 2012
51.3% of youths between the ages of 18 and 29 lived in or near poverty in 2012

While the world succeeds in battling poverty, Egypt fails
By Iris Boutros Between 1990 and 2010, nearly 1 billion people were pulled out of extreme poverty globally. The Millennium Development Goal (MDG) of halving global poverty between 2000 and 2015 has been achieved five years early, surpassing the progress seen in achieving any of the other MDGs. This week, key politicians and officials …

Egypt leads North Africa in achieving Millennium Development Goals
Despite leading in several key indicators, Egypt falls behind in terms of gender equality and female representation in parliament

Food insecurity on the rise
World Food Programme releases report on poverty and food insecurity in Egypt

World Bank invests $250m, creates 250,000 jobs in Egypt
The project targets those who are incapable of finding a job, and labourers

Egypt hit with price hikes and rising inflation
Inflation rises 1.8% as Egyptians struggle to make ends meet

Under-reported and underage: Early marriage in Egypt
Early marriage in Egypt is a prevalent problem, too often framed within a religious vs. secular debate

Kids are the root of all evil
They go barefoot, are always smudgy and have the pleading look down pat, yet their eyes are 80 years old. They turn vicious if you decline their wares and insults and curses, shouted in small, shrill voices, will follow those who say no down the street.
British aid creating “poverty barons”
British aid making consultants millionaires

An empty soapbox
I was all set to leap on my own soapbox. But as I was thinking of how I would heap my arrogant scorn on the heads of those I deem beneath contempt, my plans abruptly changed during my ride to work.

Morsi raises government salaries
The government began implementation of the new budget decisions last Sunday, after the approval of the Supreme Council of the Armed Forces