Engineer Sedky said that the network loss is expected to reach 18.21% for the fiscal year 2022/2023, while the actual loss rate of the FY 2021/2022 was 22.188 percent.
Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy, revealed that the expansions that took place in the national electricity network had a significant impact on the quality of service provided to the Egyptian citizens.
That is in a meeting with Prime Minister Mostafa Madbouly and Minister of Transportation Kamel al-Wazir
A Ministry of Local Development’s report explained that citizens’ contributions will compose 40 percent of the projects’ costs.
The total budget allocated for that purpose is LE2.8 billion.
The Municipal Authority of Aswan Governorate and the Armed Forces Engineering Authority signed earlier this week a cooperation protocol worth LE609 million ($35.5 million).
The prime minister pointed out that the Egyptian-Iraqi Supreme Committee will convene in April to endorse a number of bilateral projects.
The FBI warned on Friday that Russian computer hackers had compromised hundreds of thousands of home and office routers and could collect user information.
Finnish network equipment maker Nokia reported larger than expected quarterly profits on Thursday thanks to a patent deal with Apple along with improving profitability at its network business.
UAE Foreign Minister sent a letter to UN High Commissioner for Human Rights on Qatar’s Al Jazeera’s persistent promotion of extremist ideologies.