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 12:47 2017 Saturday ,08 July
35 migrants feared drowned off Libya: coastguard
GMT 11:28 2017 Tuesday ,28 March
Luxury Munich hotel to the stars to target UAE visitors
GMT 16:47 2017 Wednesday ,29 March
Asala feels more nostalgic for SyriaGMT 15:01 2012 Saturday ,13 October
10-girl Ghana edge Germany for bronze
GMT 01:35 2017 Wednesday ,06 December
HRH Premier: Investing in education is priorityGMT 10:45 2012 Sunday ,20 May
Sherine sings for red lines
GMT 14:07 2015 Tuesday ,29 September
Burkina airport shut as troops surround coup plotters' barracks
GMT 16:17 2017 Sunday ,05 February
Saudi Arabia Announces the Worlds Biggest Heritage Festival and Camel Beauty Contest
GMT 18:02 2017 Friday ,10 February
Riyadh Metro on track, says builder
GMT 18:59 2016 Tuesday ,27 December
One hundred new shops open
GMT 04:22 2016 Thursday ,29 September
Tadawul index falls sharply for 2nd day
GMT 08:12 2018 Thursday ,22 November
EU, Turkish officials meet amid crackdown on academics, activists
GMT 20:33 2016 Monday ,18 April
French companies urged to carry out renewable energy projects in Egypt
GMT 19:53 2017 Tuesday ,18 April
Trump Will Take Action to End Any North Korea Threat to US: Top Security Adviser
GMT 05:57 2016 Sunday ,24 April
EAC leaders to fast track key projects to accelerate development
GMT 19:33 2014 Friday ,03 January
Militants gunned down religious leader in Pakistan
GMT 13:55 2018 Wednesday ,17 January
Role of literary, historic organizations vital to promote peace, brotherhood
GMT 15:21 2017 Monday ,13 February
Aoun's recent stance over Hezbollah's weapons rejected
GMT 14:24 2014 Tuesday ,13 May
Colorful family home in Taiwan
GMT 20:31 2017 Wednesday ,27 December
Global fight for control over land and resources getting extremely bloody
GMT 08:19 2017 Tuesday ,26 December
Four terrorists killed in two separate operations in Balochistan
GMT 15:20 2016 Friday ,12 February
Lagarde set for second term
GMT 01:23 2017 Saturday ,23 December
Washington, Ottawa clash
GMT 03:20 2017 Saturday ,16 December
Modern-day slavery haunts 46m worldwide
GMT 06:59 2017 Wednesday ,13 December
Australia's Castle shatters rugby union glass ceiling
GMT 07:46 2017 Monday ,20 February
Dozens of militants killed during operations to liberate MouslGMT 09:08 2011 Saturday ,21 May
Women who made their own path honoured
GMT 00:14 2017 Wednesday ,06 September
Partly cloudy with slight drop in temperatures
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor