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Denting youth unemployment through agriculture in Africa

By Busani Bafana Agriculture is not glamourous. It suffers from entrenched negative perceptions. In the minds of many African youths, a farmer is someone like their parents, doing backbreaking labour in the fields and getting little to show for it. Nonetheless, agriculture is the engine driving many African economies. If it were to get the …

Daily News Egypt

6 2 Farid Zahran1

What are the justifications for Al-Sisi’s nomination? Part two: The hegemonic state supporters

According to my analysis, highlighted in previous articles, the state includes three major groups, specifically, the police state supporters, the benevolent dictator supporter and those who support administrative reform. What bring the three groups together are their great faith in oppression and their unlimited confidence in the power and ability of the state. In addition, …

Farid Zahran

Middle East grain buyers avoid Ukraine, import bills could rise

Reuters – Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills. The Black Sea region, mostly Ukraine and Russia, has become the major source of wheat and barley for Middle East importers …

Daily News Egypt

Medinet Nasr posts net profit of EGP187m

Rueters – Egypt’s Medinet Nasr for Housing and Development SAE on Wednesday said its net profit jumped 102.6% in 2013 on the back of a 50% rise in sales. The net profit of the company, according to data it published on Wednesday in the Al-Akhbar newspaper, reached EGP 186.88m ($26.85m) in the year ending in …

Daily News Egypt

US data centre firm in venture with Egyptian telecoms tycoon

Reuters – US-based data centre firm Switch SUPERNAP has set up a joint venture with specialist investment companies in Egyptian tycoon Naguib Sawiris’ telecoms empire to win business in Europe, Asia and the Americas. The joint venture with Accelero Capital and Orascom TMT Investments will build and operate data centres for clients such as cloud …

Daily News Egypt

Kuwait moves closer to creating independent telecoms watchdog

Reuters – Kuwait’s parliament has approved the first reading of a bill to create the country’s first independent telecoms watchdog, according to the assembly’s website, a move that could lead to further liberalisation of the sector. The Ministry of Communications is the de facto regulator in the absence of a separate watchdog and also ultimately …

Daily News Egypt

Telecom Egypt expects mobile licence in March or April

Reuters – Egypt’s landline monopoly Telecom Egypt expects a newly-formed government to grant it a licence to provide mobile services this month or next, the state-controlled company’s chief executive said on Wednesday. Telecom Egypt has been relying on its data business to boost revenue and has been waiting to launch a new mobile operation that …

Daily News Egypt