The media centre of Egypt’s Council of Ministers has responded to reports claiming that vast sums of money are being wasted by implementing road and bridge projects that do not conform to standards.
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Sisi links political unrest to population growth in public address calling for birth control
Population growth is a “national security issue,” President Abdel Fattah al-Sisi said in a public address on Tuesday.
Read More »Explainer: Too much steel? What are the market conditions behind the decision to liquidate Egyptian Iron and Steel
“The common factor between the Egyptian Iron and Steel Company and all other steel companies in Egypt is the dysfunctional production capacity,” says a former manager at the Egyptian Iron and Steel Company, which is getting ready to exit the Egyptian market 67 years after its foundation based on the …
Read More »Egyptian-Turkish trade agreement comes under fire
In the presence of Egyptian Minister of Trade and Industry Nevin Gamea during a parliament session Feb. 2, Hafez Omran, a member of the parliamentary Industry Committee, called for the need to reconsider the free trade agreement between Egypt and Turkey, stating that such an agreement is to the detriment …
Read More »Egypt concerned UAE-Israeli pipeline project will affect Suez Canal
The head of the Egyptian Suez Canal Authority (SCA), Osama Rabie, expressed Jan. 29 his country’s concern over the Eilat-Ashkelon pipeline project between the United Arab Emirates (UAE) and Israel.
Read More »Egyptian MPs criticize rise of public debt to LE 5 trillion, warn against corruption
The Egyptian Cabinet and Ministry of Planning and Economic Development came under fire on Monday by Egyptian MPs for the country’s rise of public debt to LE 5 trillion.
Read More »Egyptian officials make conflicting statements over threat to Suez Canal from Israel-UAE pipeline
Egyptian officials have expressed concern over the possible economic impact on the country from a planned pipeline and railway transporting oil from the UAE via the Israeli ports of Eilat and Ashkelon.
Read More »‘Unlawful’: Backlash against Egypt’s plan to offer Covid-19 vaccine for money
Millions of underprivileged Egyptians will struggle to afford Covid-19 vaccines after the government announced it would charge people to receive them, threatening the country with a third wave of the pandemic, health experts and economists have warned.
Read More »Egypt denies impact of Israel shipping line on Suez Canal
Egypt yesterday denied that Israel’s new shipping lines between the Red Sea and the Mediterranean had affected the use of the Suez Canal.
Read More »Covid-hit Egypt is spending $23bn on a flashy train line, and people aren’t happy
With much fanfare, coronavirus-hit Egypt has announced a $23bn investment plan. But the cash is not earmarked for the overwhelmed hospitals that are reportedly unable to even secure oxygen.
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