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Al-Ahram Weekly - Economy
5/28/2024 10:38:22 PM
The socioeconomic development plan for the coming fiscal year is approved by the Senate, reports Gamal Essam El-Din

Opinion -
5/23/2024 12:32:04 PM
The world’s development institutions are increasingly turning away from poverty-related ills like hunger, infectious disease and illiteracy—the challenges still facing most people across the planet.

Egypt - Urban & Transport
1/16/2024 9:28:44 PM
Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to follow up on the progress of the government’s agricultural development plan in North and Central Sinai.

World - International
1/16/2024 2:28:56 PM
Chinese Premier Li Qiang said on Tuesday there must be a red line that is not crossed in the development of artificial intelligence to ensure the technology benefits society.

Egypt - Foreign Affairs
1/11/2024 2:55:44 PM
Egypt’s foreign minister Sameh Shoukry headed on Thursday morning to Eritrea to deliver a message from President Abdel-Fattah El-Sisi to his counterpart Isaias Afwerki and to tackle regional challenges, including developments in the Horn of Africa and Gaza.

Business - Economy
12/18/2023 3:19:53 PM
Africa advanced efforts to develop an independent drug industry after Rwanda agreed to host the African Pharmaceutical Technology Foundation (APTF) in partnership with the European Investment Bank (EIB) and the African Development Bank (AfDB), according to a statement on Monday.

Business - Energy
12/3/2023 5:34:30 PM
The Egyptian Suez Canal Economic Zone (SCZONE) and the Ministry of Electricity and Renewable Energy signed agreements with Norwegian energy company Scatec, and a group of international financial institutions including the African Development Bank (AfDB) and British International Investment (BII) to launch three green energy projects in Egypt.

Business - Economy
12/3/2023 11:10:39 AM
The African Development Bank (AfDB) announced a financial package of $148 million to support the Commercial International Bank of Egypt (CIB) in its endeavors to strengthen small and medium enterprises (SMEs) and facilitate trade.

Business - Economy
11/29/2023 10:31:51 PM
African Development Bank (AfDB) downgraded its forecast of the growth rate of the gross domestic product (GDP) of Africa for 2023 and 2024 to 3.4 percent and 3.8 percent, respectively, from 4.0 percent and 4.3 percent.

Business - Economy
11/28/2023 4:10:27 PM
The African Development Bank (AfDB) approved a $131 million loan to Egypt with the aim of bolstering the government’s efforts to stimulate the private sector and diversify its green development following the COVID-19 pandemic and the ongoing conflict in Ukraine.

Al-Ahram Weekly - Opinion
8/2/2023 8:50:00 PM
The second Russia-Africa Summit that came to a close last week in St Petersburg was an opportunity to reaffirm time-honoured ties of friendship between the Russian Federation and African states, with relations based on mutual respect and trust.

Business - Economy
7/18/2023 2:33:50 PM
Africa's total debt stock is estimated at $1.3 trillion, and the cost of debt reached $22 billion in 2022, with expectations that it will further increase in 2023, Akinwumi Adesina, president of the African Development Bank (AfDB) Group, said on Monday.

Business - Economy
5/27/2023 5:00:56 PM
Governor of the Central Bank of Egypt (CBE) Hassan Abdallah urged on Friday the African Development Bank (AfDB) to increase its lending to member states on concessional terms.

Egypt - Foreign Affairs
5/26/2023 3:01:17 PM
Regional Director of the World Food Programme (WFP) Menghestab Haile announced the provision of $100,000 to the Southern African Development Community (SADC) countries to enhance knowledge exchange efforts with Egypt.

Business - Economy
5/24/2023 3:03:54 PM
The African Development Bank (AfDB) announced that it has mobilized $2.2 billion to fund Egypt's water desalination and treatment projects for agriculture, the bank's President Akinwumi Adesina announced on Tuesday.

Egypt - Foreign Affairs
5/23/2023 11:09:59 PM
Egyptian President Abdel-Fattah El-Sisi discussed relations with Comorian President Azali Assoumani and Zimbabwean President Emmerson Mnangagwa on the sidelines of the African Development Bank meetings, announced Spokesperson for the Presidency Ahmed Abu-Zeid on Tuesday.

Business - Economy
5/21/2023 6:36:05 PM
The 58th Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 49th Meetings of the Board of Governors of the African Development Fund are set to kick off on Monday in the Egyptian city of Sharm El-Sheikh for five days.

Egypt - Tourism
4/6/2023 11:27:45 PM
The British government's travel advisory body, the Foreign, Commonwealth & Development Office (FCDO), has lifted its non-essential travel warning for the Farafra and Bahariya Oasis regions in the Egyptian Western Desert.

Business - Economy
4/4/2023 9:55:28 PM
President Abdel-Fattah El-Sisi said on Tuesday that Egypt is looking forward to increasing cooperation with the African Development Bank (AfDB), during his meeting with the bank’s chairman, Akinwumi Adesina and his delegation in Cairo.

Business - Economy
3/30/2023 7:22:35 PM
UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, Dr Mahmoud Mohieldin, emphasised that climate progress hinges on addressing sustainable development challenges.

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