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Summit’s 3rd day shows rise in renewable energy sector MoUs

Several Memorandum of Understandings (MoUs) were signed between international companies and the Ministry of Electricity regarding solar energy projects. MoUs were signed between Tharwa Investments and Electricity Holding Company to establish a coal-fired power plant with 6,000MW at a total value of $9.6bn. “We met 10 days ago, and now we are signing a MoU,” …

Sara Aggour

Egypt Economy: Finally on the right track?

Exactly one year ago, in an article titled: “So how is the Economy”, we spoke about the reality, mistakes and solutions for the Egyptian economy. Now, as the as final preparations are underway for Egypt’s Economic Development Conference which is set to take place in Sharm El-Sheikh, the same question comes back to mind: Are …

Dr Mohamed Fouad

Commodity prices stable, prices drop: Minister of Supply

The minister pointed out that enough quantities of cooking oil have been contracted to suffice for consumption till the end of July – a total of 172,000 tonnes – with a value of EGP 1.5bn. A supply of Brazilian poultry, 23,300 tonnes, was also contracted.

Mohamed Ayyad

Building the Arab knowledge economy

By Omar Khedr Beginning on 28 January, Cairo will play host to publishers, authors, literary agents, as well as avid readers from around the world. Brought together by the Cairo International Book Fair, the oldest and largest book fair in the Arab World, these participants will explore potential partnerships, learn best practices from each other, …

Daily News Egypt

Can Al-Sisi boost the economy with national projects?

The Egyptian regime has, on an irregular basis, relied on major national projects which contribute to boosting the economy and the economic development and raise operation rates. Although some projects failed, the Egyptian dream is still hoping to create a national project. Can the current regime during Al-Sisi’s rule fix the economic growth through national …

Mohamed Ayyad