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World - International
8/17/2022 6:37:16 PM
British pharmaceutical company GSK has been awarded a contract to produce the world's first malaria vaccine so that millions more children will be protected against the killer disease, the UN Children's Fund (UNICEF) announced late on Tuesday.

World - International
8/15/2022 4:35:00 PM
The Taliban on Monday marked a year since they seized the Afghan capital of Kabul, a rapid takeover that triggered a hasty escape of the nation's Western-backed leaders, sent the economy into a tailspin and fundamentally transformed the country.

Al-Ahram Weekly - Egypt
8/15/2022 2:15:00 PM
Al-Ahram Weekly interviews UN Climate Change High Level Champion for Egypt Mahmoud Mohieldin about efforts to ensure climate financing pledges pay more than lip service

Business - Markets & Companies
8/14/2022 12:21:38 PM
The value of stock exchanges in the Arab world rose to $4.46 trillion at the end of last week, according to data published by the Arab Monetary Fund.

Business - Economy
8/10/2022 2:40:35 PM
The recently-established Saudi Egyptian Investment Company (SEIC), which is owned by Saudi Arabia's Public Investment Fund (PIF), has acquired minority stakes in four Egyptian state-owned companies in a deal worth $1.3 billion, the Sovereign Fund of Egypt (TSFE) announced on Wednesday.

Al-Ahram Weekly - Egypt
8/9/2022 10:17:49 PM
What will the setting up of the Saudi-Egyptian Investment Company this week mean for Saudi investments in Egypt, Gamal Essam El-Din investigates

Sports - Africa
8/9/2022 10:25:58 AM
African football supremo Patrice Motsepe will launch in Tanzania on Wednesday a CAF Super League, with promises of a $100 million (98 million euros) prize fund for cash-strapped clubs.

Business - Economy
8/8/2022 5:08:38 PM
Egypt is considering plans to list the assets of its Universal Healthcare Insurance System (UHIS) in the Egyptian Exchange (EGX) to diversify its investment portfolio and increase the yields of invested funds, Minister of Finance and UHIS Chairman Mohamed Maait said on Monday.

Business - Markets & Companies
8/6/2022 10:49:49 PM
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has launched the Saudi Egyptian Investment Company (SEIC) to invest in “promising sectors” in Egypt, a statement by the fund said on Thursday.

World - Region
8/4/2022 10:46:59 PM
The United States on Thursday declared monkeypox a public health emergency, a move that should free up new funds, assist in data gathering and allow the deployment of additional personnel in the fight against the disease.

Egypt - Politics
8/3/2022 11:12:30 PM
Egypt’s President Abdel-Fattah El-Sisi ordered on Wednesday allocating an additional EGP 1 billion in government support to the National Alliance for Civil Development Work (NACDW), raising the total funding provided by the state to the alliance to EGP 10 billion.

Advertising - Advertisement
8/3/2022 9:50:29 PM
In a world of fierce competition and high business distinction, capital is one of the most significant factors in supporting a business, financing its assets, and funding its operations.

World - Region
8/3/2022 7:23:24 PM
The United Nations painted a grim picture for Sudan's humanitarian situation, saying Wednesday that almost a quarter of the country's population was inching toward starvation amid a dire shortage of funding.

Sports - World
8/2/2022 6:47:09 PM
Kylian Mbappe has yet to join. There's no sign of Lionel Messi becoming part of the ``Toon Army,'' either. Erling Haaland, meanwhile, has moved elsewhere in the Premier League.

Business - Economy
8/1/2022 5:52:33 PM
The current negotiations between the Egyptian government and the International Monetary Fund (IMF) over a new loan are now taking a “serious turn,” Fakhri El-Fiqi, head of Egypt's House of Representatives' Budget Committee, said on Sunday evening.

World - International
7/31/2022 10:40:47 AM
Pakistan's powerful army chief has contacted Washington, seeking U.S. help in securing an early release of a crucial $1.7 billion installment from the International Monetary Fund to his country, struggling with a deepening economic crisis, Pakistani officials said Saturday.

World - International
7/29/2022 3:24:45 PM
The World Bank said Friday it would not offer new funding to Sri Lanka unless the bankrupt island nation carried out "deep structural reforms" to stabilise its crashing economy.

Business - Economy
7/27/2022 6:42:27 PM
Talks between Egypt and the International Monetary Fund (IMF) on an Egyptian request for a new loan have achieved "great progress," and the government is still working to resolve disputed points with the international lender, Minister of Finance Mohamed Maait told Al-Arabiya on Wednesday.

World - Region
7/26/2022 11:46:14 PM
Lebanon's parliament on Tuesday passed long-awaited amendments to the banking secrecy law to unlock a potential $3 billion financial assistance package from the International Monetary Fund (IMF), Al-Jadeed local TV channel reported.

Business - Economy
7/26/2022 6:10:21 PM
The International Monetary Fund (IMF) has maintained its projections for Egypt’s real GDP growth in 2022 at 5.9 percent, while revising it down to 4.8 percent in 2023, said Petya Koeva Brooks the Deputy Director of the Research Department at the IMF.

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