Egypt's Private Sector Is Squeezed By The Army's Hold Over The Economy
2021-01-14 | By middleeastmonitor | 8 Hits
The Egyptian Minister of Finance Dr Mohamed Maait has confirmed that the country is set to witness a greater role for the private sector in economic development as it is the engine of growth The government has an increasing interest in opening new development opportunities that will enhance private sector participation in unprecedented mega projects This will help create jobs to boost the economy and raise growth rates Maait noted the World Bank39s expectation that Egypt will see positive growth of 27 per cent of GDP jumping to 58 per ce
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PA: Egypt and Jordan intelligence chiefs meet with Abbas to prepare for Biden administrationPalestinian Authority President Mahmoud Abbas met with the heads of Egyptian and Jordanian intelligence in Ramallah yesterday afternoon The head of the PA Intelligence Services Majed Faraj also attended the meeting two days after Abbas announced that elections are to be held for the Palestinian presidency parliament and National Council
According to Wafa news agency the visit of the two inte...
Tue, 19 Jan 2021 05:30 | Hits : 5 | US
Sudan: insurance sector gives donation in support of the armyInsurance companies and the National Organisation for Insurance Supervision in Sudan has announced a donation of 100 billion Sudanese pounds 18 million to support the armed forces
According to Mohammad Sati a representative of the insurance sector employees throughout the country donated five days39 salary to the army He made the announcement at the launch of the private sector initiati...
Tue, 19 Jan 2021 05:30 | Hits : 5 | US
Egypt court orders seizure of assets of 89 Brotherhood membersAn Egyptian court has ordered the seizure of assets of 89 members of the Muslim Brotherhood including the late President Mohammed Morsi and their transfer to the treasury
The ruling issued by the Court for Urgent Matters will apply to the assets inherited by Morsi39s family Morsi died during a court session in June 2019 after years of being held in solitary confinement and medically negle...
Mon, 18 Jan 2021 23:01 | Hits : 7 | US
Workers of Egypt's Iron and Steel Company protest against liquidationEgypt39s Iron and Steel Company workers in the country39s Helwan city organised a protest on Sunday at the company39s headquarters against a recent decision to liquidate the stateowned organisation
The protestors called on the government to intervene to stop the liquidation move which they told Youm7 would displace some 8000 employees They also demanded the state to quotInject fu...
Mon, 18 Jan 2021 20:30 | Hits : 5 | US
First suspected coronavirus case in Egypt's Al-Qanater women's prisonThe first suspected case of coronavirus has been recorded in AlQanater women39s prison in Egypt
According to the rights group We Record political prisoner Abeer Najad39s health is deteriorating as reported by her family who went to visit her on Wednesday 13 January
They said that her face was swollen and she could only walk with their help
Abeer has been suffering from shortness of br...
Mon, 18 Jan 2021 19:30 | Hits : 10 | US
Egypt minister: 'We need $1.78 bn to provide coronavirus vaccine'Egyptian Finance Minister Mohamed Maait announced that his country needs more than 20 billion Egyptian pounds to provide the coronavirus vaccine to 100 million citizens
quotWe have a contract with the Global Vaccine Alliance to get 20 million doses We have also submitted a request to obtain the Oxford University vaccine and we expect to get 30 million dosesquot Maait added
He continued ...
Sat, 16 Jan 2021 23:01 | Hits : 12 | US
Egypt extends conflict with Turkey to African SahelCairo has made its conflict against Ankara a foreign policy priority rendering all regions a potential battleground even the African Sahel region which has generally been excluded from the focus of the Egyptian state
The Intelligence Online website added that after Libya and the Eastern Mediterranean Egypt is now doing its best to confront the escalating Turkish influence in the Sahel region...
Sat, 16 Jan 2021 23:01 | Hits : 10 | US
Egypt hopes US' Biden engages in Ethiopia dam crisisEgypt on Friday called on the incoming US administration to play a role in finding a solution to the Ethiopia dam crisisAnadolu Agencyreports
Egypt39s official news agency quoted Motaz Zahran the ambassador to the US as sayingthat Egypt hopes incoming President Joe Biden will engage with the three parties in the crisis Egypt Sudan and Ethiopia to make progress
Ina virtual meeting ...
Sat, 16 Jan 2021 05:30 | Hits : 10 | US
Egypt: interior ministry transfers suspect in Italian student's murderThe Egyptian Interior Ministry transferred one of the four main suspects in the murder of Italian graduate student Giulio Regeni to a new position on Tuesday Anadolu has reported Interior Minister Mahmoud Tawfiq approved the reshuffle of security officers39 which included the transfer of the head of the National Security Agency Major General Tariq Saber who is now the Minister39s Assista...
Fri, 15 Jan 2021 19:30 | Hits : 7 | US
China firm completes first tower in Egypt's new capitalThe first office tower in Egypt39s New Administrative Capital NAC has been completed according to China State Construction Engineering Corporation CSCEC
The C08 building which is one of two twin towers alongside the C07 had the final piece of its curtain wall installed earlier this month making it quotthe first building to finishquot in the NAC39s Central Business District sa...
Fri, 15 Jan 2021 05:30 | Hits : 11 | US
Senarai Hotel Wajib Dikunjungi Cuti Sekolah
Fri, 15 Jan 2021 05:30 | Hits : 262 | US