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House panel approves budget measure that advances tax reform

Source: Reuters. The Republican-led U.S. House of Representatives took a new step toward tax reform legislation on Wednesday by approving a fiscal 2018 budget resolution that would allow the Senate to pass a sweeping tax code overhaul without Democratic support. The House Budget Committee voted 22-14 along party lines to send the

Egypt exerts extensive efforts to face economic inequality

The Minister chairs Egypt's delegation at the 6th Ministerial Roundtable on the social safety nets and takes part in a ministerial meeting on education in the MENA region. On the sidelines of chairing Egypt's delegation at the World Bank's (WB) Spring Meetings in Washington, the Minister of Investment and International Cooperation

First freight train from Britain to China

Source: Ahram Online. The first-ever freight train from Britain to China, laden with soft drinks and baby products, started its mammoth journey on Monday along a modern-day "Silk Road" trade route. The 32-container train, around 600 metres (yards) long, left from the vast London Gateway container port on the River Thames estuary,