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South Cairo Electricity Distribution company to transform overhead lines to ground cables this year

The South Cairo Electricity Distribution Company will finish transforming its overhead electric lines into ground cable throughout this year. The implementation has reached 88% thus far. Hossam Afifi, head of the South Cairo Electricity Distribution Company, said that there are some objections from the residents of the area that may impact the implementation. Agreements are …

Daily News Egypt

6.1% increase in industrial production in Q2 2017

The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin on industrial production of public and private sector enterprises that employ 25 or more workers for the second quarter of 2017. The report showed that the total industrial production value (excluding crude and refined petroleum) reached EGP 135.5bn during the second quarter …

Daily News Egypt

Cairo International Book Fair to be held Twice a year 

Sami Younes, head of Cairo International Convention Centre, announced on Monday that the Cairo International Book Fair will be held twice a year starting in 2018, adding that the second edition will be held in autumn of each year, according to state-run media outlet Egy News. Younes added that this year’s second edition is expected …

Daily News Egypt

Developing Egypt’s natural gas network essential for economic activity

Projects to develop and improve the efficiency of Egypt’s national natural gas network are currently underway as gas transmission is essential for various economic and domestic activities across Egypt, said Minister of Petroleum Tarek El-Molla El-Molla explained that these developments are necessary to meet the increase in consumption and to accommodate the changes occurring in …

Mohamed Samir

Afreximbank signs $1bn SATIPP with South Africa to promote African trade 

The African Export-Import Bank (Afreximbank) signed on Tuesday an agreement with South Africa, the South Africa-Africa Trade and Investment Promotion Programme (SATIPP), with funds of $1bn. Benedict Oramah, president and chairman of Afreximbank’s board of directors, signed the agreement with Kutoane Kutoane, CEO of Export Credit Insurance Corporation of South Africa (ECIC). The SATIPP is …

Shaimaa Al-Aees

Reviving nations’ demolishing heritage: A campaign seeking to save fading architecture identity 

On the roof of Zamalek’s Greater Cairo Public Library, local media platform Welad El-Balad celebrated on Sunday the closing of its first regional campaign, The Country’s Architecture: Identity Not Worth Demolishing, opposing the demolition of architectural heritage which takes away the Egyptian integrity that was built over the centuries. Many abandoned, time-worn authentic buildings that …

Nada Deyaa’

Gender pay gap: Noticeable presence, slow decline

Everybody works to make a living, yet, it is not uncommon to look at the salaries of men and women and find a gap between their incomes that is hard to overlook, a phenomenon that has been occurring almost everywhere across the world. According to an infographic chart recently published by the Organisation for Economic …

Reem Hosam El-din

Angus Blair - Pharos Holding

Egypt launched 3 reform programmes; latest is strongest: Angus Blair

Angus Blair, chief operating officer of Pharos Holding, said Egypt had launched three economic reform programmes in its history, but the latest, which kicked off in November 2016, is the strongest among them. The programme included economic changes that are the largest in the history of Egypt, which included many axes, such as the value …

Daily News Egypt