Minister Naglaa el-Ahwany reviews energy reform measures with WB experts
International Cooperation Minister Naglaa el-Ahwany
Washington - MENA
Egyptian International Cooperation Minister Naglaa el Ahwany reviewed Egypt's measures to reform the energy sector and cut down subsidy on fuel taken in July 2014.
The government has reduced wasted energy subsidy by 30%, equivalent to 2% of the gross domestic product at the time, Ahwany told a seminar held by the World Bank on the sidelines of the WB/International Monetary Fund Spring Meetings held here.
Egypt now aims to gradually cut the energy subsidy by altering prices to be 0.5% of the GDP by 2019 instead of 6.9% in 2013, she said.
Egypt has great investment opportunities in the renewable energy field, especially in solar energy, she added.
GMT 00:37 2018 Wednesday ,24 January
Bitcoin slumps below $10,000GMT 22:49 2018 Tuesday ,23 January
Sharjah apartment rents see steep decline in 2017GMT 19:15 2018 Tuesday ,23 January
Emirati fined Dh2.2m for embezzling public fundsGMT 22:27 2018 Monday ,22 January
Jafza bridge benefits trade, logistics supply chainGMT 22:21 2018 Monday ,22 January
Damac chairman to speak on digital skillsGMT 10:55 2018 Monday ,22 January
Bahrain-Indian economic ties discussedGMT 22:42 2018 Saturday ,20 January
'Massive' infrastructure spending needed in AfricaGMT 12:49 2018 Tuesday ,16 January
Tabarak Buys Majority Stake in a Private Company
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 05:04 2024 Tuesday ,06 February
Skincare PR Performance Full Year 2017
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgery
GMT 16:34 2016 Saturday ,24 December
AP welcomes UNSC resolution against Israeli settlements
GMT 11:10 2018 Thursday ,30 August
Ariana Grande will perform at Aretha Franklin’s funeral
GMT 16:26 2017 Tuesday ,19 September
Yemen’s insurgents shell Taiz killing four children
GMT 20:11 2017 Thursday ,04 May
Sanctions short-circuit Russia's electricity plans for annexed Crimea
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 17:04 2015 Thursday ,09 April
North Khorassan a unique tourist resort
GMT 14:03 2017 Monday ,18 December
10 tips for a healthy,follow a healthy diet
GMT 11:30 2017 Monday ,09 January
McDonald's sells China operations for $2.08 bn
GMT 08:53 2017 Monday ,06 November
Unsung heroes of Dubai Zoo share spotlight
GMT 08:46 2017 Wednesday ,16 August
OPEC daily basket price for Tuesday, 15th August, 2017
GMT 09:13 2017 Monday ,10 July
Iraqi Ministry of Defense announced killing 35 ISIS
GMT 00:50 2017 Monday ,20 February
‘Don’t put your head under water’
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