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Ashraf el Araby

EGP5bn of gov't budget to establish sovereign fund

Cairo - MENA

Planning and Administrative Reform Minister Ashraf el Araby on Monday said EGP 5 billion would be allocated from the country's public budget to establish a sovereign fund aiming to encourage local and foreign investments. In statements following a meeting of the ministerial economic committee, Araby added that the fund could engage in partnerships with the private sector to set upRead more

Planning minister: Sinai investment firm part of Egypt 2030 vision

Cairo - MENA

Planning Minister Ashraf el Araby said the establishment of the National Company for Sinai Investments is part of a strategic development vision to achieve sustainable development by 2030. "We're acting in line with certain mechanisms of action to achieve fair and balanced development in all Egyptian cities," Araby said in a press conference Monday. The National Company for Sinai InvestmentsRead more

Transportation minister attends signing ceremony of phase one of Cairo Metro Line 4

Cairo - Arab Today

Transportation Minister Galal Saeed attended Sunday the signing ceremony of a contract to supervise the implementation of the first phase of Cairo's underground fourth line project. The signing ceremony was attended by Planning Minister Ashraf el Araby, Investment Minister Khaled Khorshid, Local Development Minister Ahmed Zaki Badr, Giza Governor Kamal el Dali, Cairo Governor Atef Abdel Hamid along with JapaneseRead more

2030 vision meant to place Egypt among world's top 30 economies

Cairo - Arab Today

Egypt's 2030 development vision aims at placing the country among the top 30 economies in the world, Planning Minister Ashraf el Araby said on Tuesday. Addressing a meeting organized by the Egyptian Businessmen's Association, Araby said the 2030 vision is a sustainable development strategy that focuses on economic, social and environmental dimensions. The government seeks to improve Egypt's ranking inRead more

Hajj mission head praises medical services provided for Egyptian pilgrims

Mina - Arab Today

Head of Egypt's official Hajj mission and Planning Minister Ashraf el Araby on Tuesday praised medical services provided for Egyptian pilgrims. Only 29 Egyptian pilgrims died during this year's Hajj season, Araby said at a press conference on the occasion of the conclusion of the Hajj season. He also hailed efforts exerted by Saudi authorities to provide high-quality medical servicesRead more

Head of Hajj mission: Egyptian pilgrims in good condition

Mecca - Arab Today

Egyptian pilgrims performing the Hajj this year are all in good condition and no complaints have been received since they reached Mina, said the head of the official Hajj mission Ashraf el Araby on Tuesday. Araby told MENA he is completely satisfied with the Hajj season this year, pointing to the immediate handling and solving of problems. All the problemsRead more

Agriculture minister checks on ministry's hajj mission

Cairo - Arab Today

Egyptian Agriculture and Land Reclamation Minister Essam Fayed checked on the hajj mission of the ministry on Sunday. The mission includes pilgrims from the various sectors of the ministry, the agriculture research center as well as veterinary services authority. Fayed got assured on the quality of services provided to pilgrims and listened to their complaints. He said, in statements, thatRead more

Problem to settle some pilgrims solved -- Tourism Minister

Mecca - Arab Today

Tourism Minister Yahia Rashed said Wednesday that a problem of settling some pilgrims in a residential tower in al Aziziya area has been solved, stressing that they all checked into a number of hotels at the expense of the owner of the residential tower. Rashed told MENA he is closely following the situation and receiving reports from head of theRead more

IMF loan will help redress budget deficit

Cairo - Arab Today

Minister of Planning Ashraf el Araby on Wednesday asserted that a recent agreement signed between Egypt and the International Monetary Fund on lending Egypt 12 billion dollars over three years will help restore financial and monetary stability. At a press conference that was held here, he added that the agreement will also help redress the budget deficit. He noted, meanwhile,Read more

Planning minister: "Egypt 2030 strategy" best worldwide

Cairo - Arab Today

Minister of Planning Ashraf el Araby has said "Egypt 2030 strategy" is the best worldwide compared to many world countries. Addressing the forum of the presidential program to qualify youths on Sunday, he said the strategy has been scientifically drawn to face up to the future challenges of youths. He said the strategy will be implemented despite the changes ofRead more