Sisi directs securing local soft loans for electricity projects
President Abdel Fattah El Sisi
Cairo - MENA
President Abdel Fattah El Sisi gave directives to secure about EGP 37 billion local soft loans for electricity transfer and distribution projects, a well-placed source at the Electricity Ministry said.
In statements to MENA on Thursday, the source said coordination is underway among the Electricity Ministry, Central Bank of Egypt (CBE), Ministry of Finance and national banks to secure EGP 18 billion for the two-year transfer projects and ُEGP 19.4 billion for the three-year distribution ventures.
The source said the Electricity Ministry is already overloaded with loans for producing electricity, therefore the interest rates of the EGP 37 billion soft loans will be paid by the Finance Ministry and CBE.
The president is keen on the comprehensive renovation of the electricity mechanism to operate in full power, the source said.
GMT 12:53 2018 Thursday ,25 October
Egypt's Abdel Fattah El Sisi approves IOFS statuteGMT 21:35 2017 Thursday ,19 October
Sisi approves MoU with UAE on financialGMT 20:18 2017 Monday ,16 October
Sisi doubles NTL budget to EGP 400 millionGMT 20:22 2017 Thursday ,12 October
Sisi approves loan contract with AMFGMT 21:48 2017 Monday ,02 October
Nasr reviews economic reforms in meeting
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 09:02 2017 Tuesday ,10 January
Lebanese, Saudi Finance ministers discuss convention on prevention of double taxation
GMT 02:36 2017 Saturday ,23 December
Syrian regime forces bombarded Hama killing dozens
GMT 06:54 2017 Friday ,22 December
US vice president makes unannounced Afghanistan visit
GMT 20:32 2017 Saturday ,06 May
Escaped prisoners returned to overcrowded Indonesia jail
GMT 17:31 2016 Tuesday ,29 November
UN warns of ‘humanitarian emergency’ in Central African Republic
GMT 07:37 2016 Sunday ,25 December
Arab world welcomes UNSC resolution against Israeli settlements
GMT 11:28 2018 Wednesday ,17 January
Ambassador of Switzerland meets MP Khalil
GMT 20:05 2011 Friday ,05 August
Sikorsky delivers first S-701 helicopters
GMT 13:47 2017 Thursday ,14 September
EU citizens, British expats rally for Brexit rights
GMT 17:53 2017 Saturday ,11 February
At least 13 killed, dozens injured in road accident in central Bangladesh
GMT 21:08 2016 Tuesday ,22 November
Kuwaiti Oil Price Goes up to $42.51 pb
GMT 04:03 2017 Tuesday ,25 July
Jamaica stuns Mexico to reach Gold Cup final
GMT 18:52 2015 Saturday ,12 December
Nusra chief rejects outcome of Riyadh meet on Syria
GMT 20:21 2017 Thursday ,16 March
Yemeni army advances towards Khaled Ibn Al-Walid's camp
GMT 15:32 2016 Sunday ,17 July
India stops Kashmir newspapers from printing amid unrest
GMT 18:40 2014 Tuesday ,28 October
Indonesia to build 5000 traditional markets nationwide
GMT 10:04 2017 Thursday ,13 April
Mattis: No Doubt the Syrian Government Responsible
GMT 14:05 2017 Thursday ,02 March
Canada economy grew 2.6% in fourth quarter
GMT 16:29 2017 Wednesday ,29 November
Noor Bank, Global Village announce strategic partnership
GMT 11:23 2017 Tuesday ,03 October
Lebanon band denounces Egypt anti-gay 'witch-hunt' after gig
GMT 05:46 2018 Friday ,05 October
Moscow to ask "additional questions" to London on cyber attacks "Yakovenko"
GMT 01:44 2017 Wednesday ,11 January
Russia Regrets Relation Setbacks With US In Obama Administration
GMT 13:10 2018 Wednesday ,17 January
Kataeb: We refuse to impose taxes on low income people
GMT 17:18 2016 Monday ,04 April
National Bank of Abu Dhabi becomes Etihad Airways’ Middle East strategic partner
GMT 13:20 2018 Sunday ,14 January
General policy for displaced is being hampered
GMT 13:00 2018 Sunday ,14 January
Caccia leaves to Rome concluding diplomatic mission in Lebanon
GMT 10:36 2018 Sunday ,14 January
Jreissati from Baabda: We shall ask for Chartouni's extradition
GMT 11:41 2017 Wednesday ,26 April
GCC Welcomes Release of Qatari and Saudi Citizens Kidnapped in Iraq
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor