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CAIRO, August 2, 2018 (MENA) -- Transport Minister Hisham Arafat discussed with the Italian Ambassador to Egypt, Giampaolo Cantini, on Thursday co-operation over the railways and the underground (Metro).

"Egypt's transport sector is going through a major development process,” Minister Arafat said during the meeting.
He spoke of the promising investment opportunities in the transport sector, especially the Metro and the new railway lines that will be constructed.
"Great importance is being attached to the railways because they serve millions of commuters daily," the minister added.
Arafat and Cantini tackled co-operation over the safety and security of the railways.

CAIRO, August 2, 2018 (MENA) -- Minister of Oil Tarek el-Molla on Thursday discussed co-operation over petroleum projects with Joe Rainey, the head of Operations at the Halliburton Company.


Their talks focused on a project for launching an online portal for investors, to promote oil discoveries in Egypt.
They also discussed ways of increasing investments and using modern technology to pump more crude from aging oil fields.


Rainey said that his company was currently working on digitalising the production operation and he said that the company was glad to be part of the development training for new workers in the oil sector. He said he was optimistic about the progress of the business climate in Egypt.


The minister reviewed with the Halliburton head of operations, the current opportunities and projects available in the Red Sea and the country's new methods of producing gas in the Western Desert.

CAIRO, August 2, 2018 (MENA) -- Banque Misr has reached a settlement agreement over a LE350 million debt with the public publishing house of Dar El-Helal, according to the bank Chairman, Mohamed el-Ateraby.

El-Ateraby said, “We have to stand with the national press institutions.” He was glad, he said, that the bank had reached an agreement with Dar El-Helal, in addition to other national press institutions.

He said that the file of national press institutions debts had been open for more than ten years.


CAIRO, August 2, 2018 (MENA) -- The Minister of the Environment, Yasmin Fouad, yesterday discussed co-operation over the programmes and policies of the sustainable development and green economy, with a senior official from the Global Green Growth Institute (GGGI).

“Green development is one of the main goals of sustainable development and it works through conserving the environment in all the development sectors,” Fouad said.

The Minister added that the country must work on a new method of raising awareness of caring for the environment and changing wrong behaviour in dealing with it. She added that there was a need to involve young people in the environmental field, so as to achieve a tangible result.

Based in Seoul, South Korea, the GGGI is aiming to strike a balance between green economy and economic growth.







CAIRO, July 31, 2018 (MENA) -- The government wants to improve the business climate so as to attract private sector investments and achieve targeted growth rates, according to the new chief executive officer of the General Authority for Investment and Free Zones (GAFI), Mohsen Adel.

He said there had recently been structural transformations at the economic level during which the Ministry of Investment and International Cooperation had made several legislative amendments and created a strong infrastructure for investment in the country.

Minister of Investment and International Cooperation Sahar Nasr said that choosing Adel to be the chief executive officer of  GAFI for a year came within the context of pushing forward young leaders in various sectors affiliated to the Ministry, including  GAFI.

She said that the decision was parallel to one taken by the Prime Minister to re-establish the board of the authority and implement the government’s economic reform programme. It was also in keeping with  Prime Minister Moustafa Madbouli’s instructions to push forward performance rates in various sectors.

Nasr also said that the GAFI board would work on carrying out its plan to  promote all opportunities that are included on Egypt’s investment map in cooperation with the Ministry of Investment and International Cooperation and the other ministries.


Cairo, July 31, 2018 -- THE Minister of Social Solidarity, Ghada Wali, told a press conference on Tuesday that drug addiction must be tackled through creative means, such as using the power of art and media in raising social awareness of  the problem.

 The conference was held to announce the second season of the Arab Short Films Competition for combating drug addiction. The competition also encourages Arab writers to produce  short videos with a clear message on the problem of addiction.

 The competition is launched in co-operation with the Fund for Drug Control and Treatment of Addiction (FDCTA) and Mentor Arabia, an NGO for youth empowerment.

 According to recent studies, the content of media and art are basic sources of information for youth on addiction.

 The Minister said that 38 awareness campaigns had been launched since January 2017 to raise awareness of drug addiction.The campaigns targeted rural areas.

 A campaign named, '' You are Stronger than Drugs,'' was also launched with the participation of a number of artists and the famous football player, Mohammed Salah.

 It caused a 400 per cent rise in calls to the rehabilitation hotline 16023. The Manager of Mentor Arabia, Thorya Ismail, said that Mentor Arabia was very appreciative of its co-operation with the Ministry of Social Solidarity.

 She said that the institution was keen on taking part in eliminating drug addiction. It was, she said, a matter of one dollar allocated for raising awareness among the youth versus 18 dollars paid out on drug treatment.

  Government bodies in all the Arab countries, she said, had become open to finding  solutions for the problem and this encouraged NGOs to co-operate in fighting drug addiction.












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