Nearly 65% of adults in the Arab region remain excluded from formal financial systems, according to a new report by the United Nations Economic and Social Commission for Western Asia (ESCWA). The Annual SDG Review 2025 paints a sobering picture of persistent financial exclusion that is undermining the region’s ability …
CAIRO (Reuters) - Egypt is looking to reverse a series of bans on its agricultural products that has hit one of its most promising export sectors, Abdel Hamid al-Demerdash, the head of Egypt's Agriculture Export Council told Reuters. Egyptian crops from strawberries to peppers have been hit by temporary bans …
The New and Renewable Energy Authority (NREA) has decided to provide the Canadian SkyPower company with 14 square kilometres west of the Nile to establish 600 MW solar power plants with investments of $500m. NREA Chief Mohamed El-Khayat told Daily News Egypt in his first remarks that the cabinet approved …
34% of Egyptians had to reduce their consumption of goods, especially food, according to Baseera, the Egyptian Centre for Public Opinion Research. Baseera said that 84% of respondents in its poll said that their monthly household expenses rose following the recent rise in fuel and electricity prices. Baseera added that …
The board of executive directors of the International Finance Corporation (IFC) has approved an investment of $635 million that will help construct, operate and maintain up to 11 solar power plants in Egypt. Part of Egypt's landmark solar Feed-In Tariff (FIT) programme, the $730 million project in Benban near Aswan, …
The world’s food supplies are in danger as climate change and the increasing reliance on global trade threaten to create shortages and sudden, dramatic increases in prices, according to a new report by the leading think tank Chatham House. The report’s authors warned of a “growing risk … to human …
The government has finished negotiations with Russia on the contracts for depleted fuel depots, operation, maintenance, and technical support for the Dabaa nuclear plant. The contracts will be sent to President Abdel Fattah Al-Sisi next week to determine the date of signing the contracts. Sources said that the agreements include …
The Grand Ethiopian Renaissance Dam (GERD) has an immense contributions to the downstream countries: Egypt and the Sudan, researchers indicated. Dr. Yilma Sleshi, a researcher, stated that GERD will contribute to the elongation of the time span of the Egyptian Aswan High Dam for some hundred years through controlling sedimentation. …
Renewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell. The greater “bang-for-buck” resulted from plummeting prices for solar and wind power and led …
Egypt has set a total subsidy bill of 330 billion Egyptian pounds ($18.23 billion) in its budget for the 2017-18 fiscal year beginning in July, Prime Minister Sherif Ismail said on Monday. The amount covers fuel subsidies, which will cost 145 billion pounds ($8 billion) and 80 billion pounds for …
A highly contagious disease is spreading among farmed and wild tilapia, one of the world’s most important fish for human consumption, the UN Food and Agriculture Organization (FAO) said on Friday. The Rome-based UN agency said the outbreak should be treated with concern, and countries importing tilapias should take appropriate …
Member of parliament (MP) and member of the Health Committee in the parliament Magdy Morshed said that the Ministry of Finance has included the financial allocations for sanitation in the general budget of next fiscal year under the allocations of the health sector. The health sector’s allocations in the coming …
The Eritrean President, Isaias Afeworki has downplayed reports alleging his country’s deepened ties with Egypt are intended to sabotage the construction of Ethiopia’s massive hydro-power dam project. The Nile River is a lifeline to some 80% of Egyptians and the desert North African nation fears Ethiopia’s huge dam project being …
Eritrean President Isaias Afwerki denied his country’s deepening relations with Egypt signify plans to disrupt neighboring Ethiopia’s construction of Africa’s biggest hydropower dam. “The claim by the Ethiopian regime that the relation between Eritrea and Egypt is targeting the millennium dam is unfounded,” the Ministry of Information said on its …
ABIDJAN - Africans are seeing a steady improvement in the quality of their lives, with some countries even nearing world averages, says a wide-ranging report out Monday on the continent's future. While large portions of the continent's 1.2 billion people live in poverty, many of Africa's 54 nations have made …
Ancient Egyptians grew crops including wheat, barley, and vegetables The Oxford encyclopedia of Ancient Egypt The beginning of agriculture changed human history and has fascinated scholars for centuries. Yet it’s hard to study because it happened 10,000 or so years ago. As a result, a number of important issues remain …
The World Meteorological Organisation has revealed the deadliest weather events to have hit the planet. It found that the 1970 tropical cyclone that killed up to half a million people in East Pakistan, now Bangladesh, was the all-time deadliest weather phenomenon to have struck anywhere in the world. The agency, …
One in four children in the Arab world live in poverty, often deprived of life's most basic necessities such as proper housing or safe water, according to a study released on Monday by the U.N. children's agency UNICEF. The analysis of 11 countries including Egypt, Iraq, Morocco and Yemen found …
A deal between Egypt, Ethiopia and Sudan signed in December 2015 whereby the three countries agreed to end tensions over River Nile water faces an unclear future due to ongoing tensions between Egypt and Sudan. The two downstream countries at the end of April agreed to de-escalate tensions and end …
The Egyptian Electric Utility and Consumer Protection Regulatory Agency approved granting temporary licences for producing solar energy according to the feed-in tariff system. Sources at the agency said that the meeting of the facility’s board of directors approved granting five companies the provisional licence, in addition to granting Infinity Solar …
Egyptian foreign minister, Sameh Shoukry is to meet Ugandan President, Yoweri Museveni to discuss management of the R.Nile waters. According to a brief statement released by the Egyptian foreign ministry, Shoukry will deliver a letter to the president from his Egyptian counterpart, Abdel-Fattah El-Sisi, on dealing with water-security issues and …
