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Invest in better energy technology to fight climate change

By Dr. Bjørn Lomborg Climate change has certainly received immense exposure among the most eminent issues of the 21st century so far. The United Nations (UN) Secretary-General, Ban Ki-moon argues that it is “an existential challenge for the whole human race”. On the other hand, when over seven million people were asked by the UN what …

Daily News Egypt

Up migration to make the world richer

  By Bjørn Lomborg There is a way to make the poor of this world $500bn better off, but this solution is rarely discussed. This matters, because the international community is gearing up to produce the next set of development goals for 2015-2030, to follow on from the Millennium Development Goals. $2.5tr in development aid, …

Daily News Egypt

Migrants: A treasure for Egypt

By Omar Khedr For its 2014 forecasts, the World Bank predicts that Egypt’s economy will grow by 2.4% followed by a further 2.9% expansion in 2015. Endowed with a young population, Egypt has a strong potential to kickstart its economic development programme. In fact, Goldman Sachs – one of the largest investment banks in the …

Daily News Egypt

Consequences

So, the constitutional referendum, as expected, has passed with flying colours. Official results cite a turn out that’s over 20 million people who voted Yes for the constitution by 98%. It is again worth noting that the supreme majority of those who voted for the constitution didn’t bother reading it or care what was in …

Mahmoud Salem

Egypt’s iGDP registers $2.5bn

While private consumption is the overwhelming driver of iGDP in other countries, private investment and public expenditure play bigger role in Egypt: Mckinsey & Company

Sara Aggour