In Pictures: Egypt’s colourful Ramadan streets
Most of Cairo has been decorated with colourful lamps, lanterns and triangle-shaped brightly coloured papers.
The Middle East and North Africa: Adapting to a new paradigm
By James M. Dorsey The military strategies of the United States and its regional allies focused on bombing campaigns, support for local militias, and inherently weak military forces to fight…
Iraq’s unending woes
By Dr Cesar Chelala Iraq’s dismal health situation is testimony to the invasion of the country by foreign forces, including now the takeover of important parts of its territory by…
Joining forces to meet the challenge of climate change
By James Moran, EU Ambassador in Egypt Climate action day was on 17 June. Voltaire said “Men argue. Nature acts.” When it comes to climate change, now more than ever…
Oil production at 130,000 barrels on average daily: Shell Egypt
An increase of 20% in production through Assil and Karam project, 50 oil wells to be drilled this year to keep up with the production rates
Government raises allocations of low-income housing by 19%: Finance Minister
Ministry of Housing plans to allocate 20% of the loan to fund housing unit rents
ERC, KarmSolar sign contact to construct $2.5m solar station
KarmSolar company will rent ERC’s 50,000 sqm land while ERC receives 2% of the project’s profits
Ministry of Housing may provide lands in exchange for housing units: Badr El-Din
The Union of Real Estate Developers Law, and a fund for protecting consumers from commercial risks will be discussed, says the Real Estate Investment Division head
52 million subscriptions in Emaar Misr’s IPO
Subscriptions phase started on 16 June, will last until 25 June
Banks compete for board membership of Egyptian Federation for Mortgage Finance
First general assembly will be held, board of directors elected Thursday