Egyptian parliamentarian Medhat Al Sharif said that the Egyptian citizen is the only one who bears the repercussions of the economic reform adopted by the Egyptian government, saying that parliamentarians resent their accusation of not feeling citizens or living on another planet, stressing: This is not true, the pulse of the street reaches us and we know that the citizenRead more
Beltone Financial Holding (BTFH) Chairman Dr. Sameh al-Tarjman said that Gulf investors intend to surge new investments in the Egyptian market through the company’s issues of up to EGP10 billion (around USD56.5 million) during the remaining period of the current and next year, not to mention direct investments and acquisitions.
Tarjman pointed out to Asharq Al-Awsat, on the sidelines ofRead more
Egyptian parliamentarian Ahmed Ewis expressed a state of great dissatisfaction with the current government of Sharif Ismail, or a number of ministers in particular, revealing during an interview with "Muslimchronicle" about the proximity of a ministerial reshuffle of a number of bags to be flawed, pointing out that the study of constitutional amendments is still considered and studied within theRead more
Egyptian parliamentarian Kamal Amer expressed his astonishment over the increasing criticism against the parliament over the discussion of the agreement concluded between Egypt and Saudi Arabia to determine maritime boundaries. He stressed that the decision taken by the parliament came after well-consideration.
He added that he understands the increasing number of opponents to the agreement, saying that it is normalRead more
Head of Pensioners Union Al Badry Farghaly said that Egypt’s Minister of Social Solidairty Ghada Wali repeatedly stressed that the insurance funds reached to 612 billion pounds but it turned out that 450 billion pounds were put into the public treasury, and also about 162 billion pounds, they told us that the debts are not proven.
However, he said, “WeRead more
Egyptian parliamentarian Tallat Khalil revealed that the budget of Egypt’s parliament witnessed notable increase by over 150 million EGP, blaming the government for the decline of the financial budget allocated for important sectors in the country, including health and education. He also criticized the performance of Egypt’s parliament for not giving priority to the major issues of the Egyptian citizen.Read more
Former President of Egyptian Assembly for Direct Investment Hany Tawfik blamed the increasing corruption for the current dollar crisis, saying that the tax sector suffers from corruption. He added that the Egyptian government obtains 300 million EGP from the taxes, while they should take over 900 million EGP.
The economic expert added, in an interview with “Arabs Today”, “Egypt’s formalRead more
President Abdel Fattah El Sisi said the total electricity production is expected to reach 4,400 megawatts by the end of the year.
During the inauguration of electricity projects in Assiut on Tuesday, the president said the achievements reached in the electricity file are unprecedented and realized in a record time.
The president said that Dabaa nuclear station adheres to theRead more