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News Analysis: Egypt to actively partake in Libya's reconstruction - World News

2021-05-10 12:56:07 GMT2021-05-10 20:56:07(Beijing Time) Xinhua English
by Marwa Yahya
CAIRO, May 10 (Xinhua) After years-long instability that heavily hit the influx of Egyptian workers to Libya, Egypt is likely to take a large share in the reconstruction projects in the war-torn country, according to Egyptian experts.
Libya will need at least 3 million workers, mostly to be Egyptians, for the reconstruction work when the security conditions improve in the North African country, said Hamdi Imam, chairman of the Division of Recruitment Companies at the Cairo Chamber of Commerce.
Libya has been the main destination for nearly 2 million Egyptian workers before the civil war that wreaked havoc in the country for a decade, he told Xinhua. ....

Al Qahirah , Hamdi Imam , Marwa Yahya , Muammar Gaddafi , Abdul Hamid Dbeibah , Abdel Fattah Al Sisi , Gamal Bayoumi , Cairo Chamber , International Organization Of Migration , Division Of Recruitment Companies , Arab Investors Union , Libya Government Of National Unity , North African , Recruitment Companies , Egyptian Prime Minister Mostafa Madbouly , National Unity , Egyptian President Abdel Fattah , Cairo Based Arab Investors Union , International Organization , Libyan Prime Minister Abdul Hamid Dbeibah , President Sisi , ஹம்டி இமாம் , மார்வா ய்ஃப்ய , அப்தெல் படடாஹ அல் சீசீ , கெய்ரோ அறை , சர்வதேச ஆர்கநைஸேஶந் ஆஃப் இடம்பெயர்வு ,

News Analysis: Selling ownership of Egyptian army-held firms helps achieve structural reform for economy: experts - World News

2021-01-07 16:05:46 GMT2021-01-08 00:05:46(Beijing Time) Xinhua English
by Marwa Yahya
CAIRO, Jan. 7 (Xinhua) Egypt is considering selling the ownership of some army-held companies, a move that will help achieve the structural reform for the economy, experts said.
It s a significant potential opening for private investment in part of the economy, Waleed Gab-Allah, a professor of economic jurisdictions with Cairo University, told Xinhua.
The move will activate the stock exchange, because the army firms are believed to be profitable and will definitely lure new investments, he said.
Egyptian Planning Minister Hala al-Saaed said on Sunday that the military plans on selling two companies, the oil distribution company Wataniya Petroleum which runs a network of petrol stations across the country, and bottled-water maker Safi. ....

Al Qahirah , Cairo University , Al Jizah , Hala Al Saaed , Waleed Gab Allah , Marwa Yahya , Abdel Fattah Al Sisi , Gamal Bayoumi , Egyptian Ministry Of Defense , National Service Products Organization , Arab Investors Union , Wataniya Petroleum , Planning Minister Hala , Egyptian Ministry , Egyptian President Abdel Fattah , Cairo Based Arab Investors Union , கெய்ரோ பல்கலைக்கழகம் , வாலீட் கப் அல்லாஹ் , மார்வா ய்ஃப்ய , அப்தெல் படடாஹ அல் சீசீ , எகிப்தியன் அமைச்சகம் ஆஃப் பாதுகாப்பு , தேசிய சேவை ப்ராடக்ட்ஸ் ஆர்கநைஸேஶந் , அரபு முதலீட்டாளர்கள் தொழிற்சங்கம் , வதனிய பெட்ரோலியம் , திட்டமிடல் அமைச்சர் ஹலா , எகிப்தியன் அமைச்சகம் ,