Shaker proposes exporting electricity to Syria: Egypt could start selling electricity to Syria in the coming years via an extension to Damascus of its current link to Amman, Jordan, ministry sources told Al Mal. That would require fresh investment to at least quadruple the existing capacity of the grid linking the two countries. Background: Shaker’s […]
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What we’re tracking this week and beyond
The IMF will present tomorrow a report titled Financial Inclusion of Small and Medium-Sized Enterprises in the Middle East and Central Asia at a seminar taking place at the American University in Cairo’s Tahrir campus, according to a statement. The central bank’s Monetary Policy Committee will meet to decide on interest rates on Thursday. Suez […]
How many years of our lives do we lose because of air pollution?
How many years of our lives do we lose because of air pollution? An interactive chart in the Washington Post, produced by data from researchers at the University of Chicago’s Energy Policy Institute, breaks down by country how many extra years of life could be ours if the deadliest types of pollution were not part […]
Egypt’s AU chairmanship leads the conversation in the foreign press
President Abdel Fattah El Sisi’s assumption of the African Union chairmanship is leading the conversation on Egypt in the foreign press. The story, including El Sisi’s address at the AU summit in Addis Ababa, has been picked up by the Associated Press and Haaretz, among others. Also getting coverage in the foreign press today: The […]
Egypt’s AU chairmanship tops headlines in state-owned dailies
Egypt’s chairmanship of the African Union, which officially began yesterday, is once again at the top of the three main state-owned dailies’ front pages this morning, with Al Ahram and Al Gomhuria focusing on the solutions Egypt plans on offering during its tenure. Al Akhbar, meanwhile, emphasizes Egypt’s immersion in the continent and our close […]
Could car-sharing technology prove one disruption too many for the auto industry?
Could car-sharing technology prove one disruption too many for the auto industry? Car-sharing in Moscow, the world’s second most congested city, has skyrocketed in the last year, with the number of car-sharing vehicles in the city tripling to 16,500 by the end of 2018, and that number predicted to grow by 5,000 every year for […]
GERD talks resume, El Sisi meets with Congolese counterpart, UN chief
Egypt, Sudan, Ethiopia GERD talks resume: President Abdel Fattah El Sisi discussed yesterday the latest developments in the Grand Renaissance Ethiopian Dam (GERD) with Sudanese President Omar Al-Bashir and Ethiopian Prime Minister Abiy Ahmed on the sidelines of the African Union (AU) presidential summit in Addis Ababa, according to an Ittihadiya statement. The statement offers […]
AfDB provided Egypt with USD 506 mn in 2018, Blomberg says
The African Development Bank (AfDB) provided Egypt with USD 506 mn in funding in 2018, Country Manager for Egypt Malinne Blomberg said. The bank will also prepare a new five-year partnership strategy for its investments in Egypt as of 2020, Blomberg said, without providing any details on the amount of funding the bank plans on […]