Middle East

Private sector could help meet Egypt’s infrastructure needs: World Bank report – Egypt

Egypt will require $675 billion of investment over the next 20 years to meet its infrastructure needs, according to the G20 group of countries’ Global Infrastructure Outlook.

And while the government could afford around two-thirds of that amount, some $230 billion would still be missing, a recent World Bank report showed.

Improving infrastructure is seen as important to provide access to jobs, markets and basic services. It is also essential for the efficient movement of goods and services, which could ensure less waste, lower costs and could bolster Egypt’s export potential.


Egypt’s new administrative capital getting its own ‘Nile’ – Egypt

Egypt is racing against time to build a river in the middle of the desert, to go with the new administrative capital it is working on about 30 miles (45 kilometers) east of Cairo.

On Jan. 14, Prime Minister Mostafa Madbouly attended the construction launch of the Green River project, worth 9 billion Egyptian pounds ($501.8 million), in the $45 billion new administrative capital. Seven construction companies are working on the project, which involves hundreds of workers.

Madbouly said during the ceremony that the man-made river will link a series of the new administrative capital’s “smart,” modern neighborhoods and will feature a chain of gardens making up one of the most distinctive botanical parks in the world.


Saudi to offer $9.6bln water projects in Q1 2019 – Saudi Arabia

Saudi Arabia intends to offer water and farming projects worth around 36 billion Saudi riyals ($9.6 billion) to investors in the first quarter of 2019, a newspaper in the world’s largest oil exporter reported on Sunday.

The Environment, Water and Agriculture Ministry will issue tenders for the projects as part of plans to expand desalinated water and farming production in the Gulf kingdom, the Arabic language daily Aleqtisadia said.


Egypt wins $131m Kuwait funding for desal projects – Egypt

Kuwait Fund for Arab Economic Development (KFAED) said it has signed a deal with Egyptian government to provide funding worth KD15 million ($50 million) for the construction of four water desalination plants in South Sinai region of the country.

The duo also signed another loan deal under which the Kuwait Fund would present an additional loan worth KD25 million ($85 million) to the Egyptian government for development works.


Details of housing projects, water plants inaugurated by Sisi – Egypt

President Abdel Fatah al-Sisi inaugurated on Saturday six housing projects and three water plants. The president visited Mahrousa 1 social housing project in Al Jabal Al Asfar in Daqahliyah governorate, which is part of Greater Cairo, while inaugurated the rest via video conference.

The other social housing projects are located in Al Asher Min Ramadan City, New October City, and 3,348 residential units in Cairo’s Badr City, and South Sinai. That is in addition to Ahalina 1 social housing project in Salam city in Cairo.


Egypt signs 2 water system deals worth EGP2.2 billion with Kuwaiti Fund – Egypt

Egypt and the Kuwait Fund for Arab Economic Development signed two agreements on Saturday to establish an EGP 1.4 billion water system in Bahr Al-Bakr and to finance four desalination plants in South Sinai governorate for EGP 880.5 million.

The signing comes on the sidelines of the Africa 2018 forum taking place in the Red Sea resort city of Sharm el-Sheikh. 


Troubled waters for holy site – the Sea of Galilee recedes to its lowest level in a century – Israel

In a country where water is key to security and survival, Israeli authorities are rallying to save the shrinking Sea of Galilee that has reached its lowest level in a century

CHRISTIAN pilgrims flock to the shores of the holy Sea of Galilee to visit the sites where Jesus performed healing miracles and walked on water.

Yet when they reach the rocky shoreline they find the famous waters are receding after five years of drought that some Israelis fear heralds a wider water crisis connected with climate change.


Water projects implemented in N. Sinai worth LE533M – Egypt

The National Authority For Potable Water and Sewage has implemented a number of projects worth LE 533 million in North Sinai.

Work is underway to establish other projects at a total cost of about four billion pounds, said Alaa Ibrahim, the head of the executive office of the authority Tuesday.

Two desalination plants have already been established in Arish at a total cost of LE 175 million , Ibrahim said.


Israel sees desalination as Sea of Galilee’s savior – Israel

Long periods of drought and over-pumping have brought the lake low. A reedy island has materialized at its southern edge, and will soon be a peninsula.

Holiday-makers and fishermen teeter over expanding boggy beaches to reach the waterline.

The depletion imperils Israel’s biggest reservoir, starving the River Jordan and Dead Sea.

It also diminishes a landmark that rivals Jerusalem as a major draw for Christian pilgrims.


Comptroller Blames Desalination Shortfall on Bad Management – Tel Aviv- Israel

After four consecutive years of drought, Israel depends heavily on its desalination program for water, but the state comptroller said on Monday that the state’s water management is to blame for a shortfall in the supply of desalinated water.

“The Water Authority is charged with the responsibility for the country’s most important natural resource but has for years managed the water in a way that is not suitable for the scale of responsibility that it entails,” State Comptroller Yosef Shapira charged in his annual report published on Monday.