Qena, Egypt News

BMI View: With the Egyptian economy unlikely to stage a more pronounced recovery in the near term, power demand is exposed to downside risks.

Toronto, Ontario CANADA, April 23, 2013 /FSC/ - Alexander Nubia International Inc.

This notwithstanding, a continuous and reliable supply of electricity is paramount for Egypt's socio-economic development, and a series of politically-charged electricity outages over summer the second half of 2012 has illustrated that power is a hot political issue for a government that is under pressure to improve the quality of public service ... (more)

Minister of Local Development Mohamed Ali Beshr said the local development fund agreed on financing 433 ventures in 16 governorates with investments hitting LE 1.5 million.

Minister of Agriculture Dr. Salah Abdel-Moemen said that the ministry has started implementation of the farming irrigation development project in five thousands feddans in Qena as a first stage.