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Egypt Population Surge Must Be Met with Job Growth, IMF Says

Egypt Population Surge Must Be Met with Job Growth, IMF Says

Egypt needs to embrace policies that strengthen the private sector and promote job growth in order to cement the gains realized from sweeping economic revival efforts, the International Monetary Fund said. At the same time, the government can’t afford to delay in moving ahead with cuts in costly energy subsidies or risk straining the budget […]

Cairo Named Most Dangerous Megacity For Women

Cairo Named Most Dangerous Megacity For Women

Cairo is the world’s most dangerous megacity for women while London is the best, according to the first international experts’ poll on how females fare in the rising number of cities with over 10 million people. The Thomson Reuters Foundation survey asked experts in women’s issues in 19 megacities how well women are protected from […]

Egypt’s 4G Wireless Frequencies Ready For Use – Minister

Egypt’s 4G Wireless Frequencies Ready For Use – Minister

Egypt has prepared the wireless frequencies needed for telecommunications companies in the country to deliver 4G mobile broadband networks, a key step in the long-delayed introduction of high speed telecoms services. “We are now ready to hand over 4G mobile frequencies to any company that is ready … we are waiting for companies to finish […]

IMF Team In Cairo To Review Second Installment Of $12-billion Loan

IMF Team In Cairo To Review Second Installment Of $12-billion Loan

An International Monetary Fund (IMF) delegation will arrive in Cairo on Sunday to review Egypt’s progress on economic reforms before it disburses the second instalment of a $12-billion loan programme, the Finance Ministry said. The IMF delegation will stay until May 11 and meet with officials from the ministry and the central bank, the ministry […]

Egypt’s Capital Set To Grow By Half A Million In 2017

Egypt’s Capital Set To Grow By Half A Million In 2017

Cairo’s population is set to grow by 500,000 this year, more than any other city in the world, adding to the pressure on an Egyptian economy struggling to recover from six years of political turmoil. Greater Cairo, a metropolitan area including Cairo and parts of the Giza and Qalyubia provinces, is home to some 22.8 […]