Egypt to invest $45bn in sustainable rural communities program

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Updated 05 October 2021
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Egypt to invest $45bn in sustainable rural communities program

RIYADH: Egypt will pump about $45 billion into its sustainable rural communities program called “Hayah Karima”, the country’s minister of planning and economic development has confirmed.

Hala Al-Saeed said green projects represent 30 percent of the country’s total development projects in the current fiscal year.

She made these comments on the sidelines of a meeting with UN officials to discuss joint sustainable development goals and financing strategy in the country.

The strategy aims to estimate the funds required to achieve the country’s ambitions in this area, Al-Saeed said in an interview with CNBC Arabia. 


DP World announces new leadership appointments

Updated 13 February 2026
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DP World announces new leadership appointments

DUBAI: DP World announced the appointment of Essa Kazim as Chairman of its Board of Directors and the appointment of Yuvraj Narayan as Group Chief Executive Officer.

Essa Kazim currently serves as Governor of the Dubai International Financial Centre and Chairman of Borse Dubai. He brings extensive experience in financial and economic affairs, having previously held senior leadership positions in several national institutions.

Yuvraj Narayan has extensive professional experience in financial management, corporate finance, supply chains, and global trade. Since joining DP World in 2004, he has led a number of strategic and transformational initiatives that supported the company’s expansion across international markets and strengthened its role as an integrated global provider of end-to-end supply chain solutions.

Narayan has served as Group Chief Financial Officer since 2005, contributing to the company’s financial resilience and operational efficiency.

DP World affirmed that the new appointments support its strategy for sustainable growth and reinforce its role in strengthening global supply chains and supporting Dubai’s position as a leading hub for trade and logistics.