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Egypt - Foreign Affairs
1/29/2023 3:40:41 PM
The United States stands with Egypt and supports Egyptians in their pursuit of a prosperous future which protects fundamental freedoms for all, said a press release by the US Department of State on Sunday.

Business - Economy
1/27/2023 7:13:17 PM
The African Development Bank (AfDB) is working with Egypt to alleviate the impacts of the war in Ukraine on the country’s food security and agriculture, including by funding water projects, said the President of the AfDB Akinwumi Adesina.

Business - Economy
1/27/2023 2:05:11 PM
The African Development Bank (AfDB) Group in partnership with the government of Canada launched a new initiative aiming to support Africa’s small and medium enterprises (SMEs) in the agriculture sector.

Al-Ahram Weekly - Egypt
1/27/2023 1:20:00 PM
Last week brought a handful of good news on the economy.

World - Region
1/25/2023 8:52:53 PM
The UN Office for the Coordination of Humanitarian Affairs said the funds are required to help 17.3 million most vulnerable people in Yemen.

Business - Economy
1/24/2023 7:38:56 PM
Nigerian President Muhammadu Buhari has marked the opening of a $1.5 billion, Chinese-funded deep seaport in the commercial hub of Lagos that authorities hope will help grow the West African nation's ailing economy.

World - Region
1/24/2023 5:45:49 PM
The UN agency for Palestinian refugees, UNRWA, appealed Tuesday for $1.6 billion for its work in 2023, as it struggles to overcome chronic budget shortfalls.

Business - Economy
1/24/2023 5:11:22 PM
The Sovereign Fund of Egypt (TSFE) has inked two agreements with Egypt-based private equity firm, B Investments Holding (BIH), to co-invest over EGP 2 billion (around $67.5 million) in the healthcare and pharmaceuticals sector.

Business - Economy
1/22/2023 10:45:59 PM
Egypt has signed a $1.5 billion agreement with the International Islamic Trade Finance Corporation (ITFC) to fund its trading, CNBC Arabia reported, quoting CEO of the ITFC Hani Salem Sonbol.

Business - Markets & Companies
1/22/2023 4:58:14 PM
Egyptian Exchange (EGX) indexes went up collectively at the close of Sunday's trading, pushed by selective purchases from local institutions and investment funds, as well as Arab individuals.

World - War in Ukraine
1/20/2023 2:30:49 PM
​French President Emmanuel Macron on Friday proposed to boost defense spending by more than a third through 2030 and to ``transform`` France's nuclear-armed military, to better face evolving threats and take into account the impact of Russia's war in Ukraine.

Business - Economy
1/18/2023 6:31:40 PM
Egypt’s cabinet approved on Wednesday the main framework of a new five-year initiative to fund industrial and agricultural sectors’ projects with loans at an 11 percent interest rate.

Egypt - Foreign Affairs
1/16/2023 3:01:32 PM
Egypt's Foreign Minister Sameh Shoukry has stressed the importance of drumming up international support for financing climate work institutions including the Green Climate Fund.

Business - Economy
1/16/2023 2:40:00 PM
Egypt's Sovereign Fund (ESF) and Etisalat Egypt have launched Erada Microfinance company to provide access to a wide range of financial services to micro and small enterprises.

Business - Economy
1/15/2023 5:37:10 PM
Egypt aims to bridge its financing gap through FY2025/26 mainly by selling state-owned assets, including to member states of the Gulf Cooperation Council, according to a staff report the International Monetary Fund (IMF) released last week on Egypt’s new IMF-backed $3 billion loan deal.

Business - Economy
1/15/2023 5:28:26 PM
Egypt’s cabinet is set to announce this week a new five-year initiative to fund industrial and agricultural projects with loans at an 11 percent interest rate.

Business - Economy
1/12/2023 4:57:00 PM
The International Monetary Fund (IMF) announced on Tuesday the details of its new 46-month loan programme for Egypt and its government commitments in a staff report.

World - Region
1/11/2023 11:17:17 PM
The European Union said on Wednesday, that in light of Israel’s demolition of EU-funded structures in the occupied West Bank, it is considering adopting restrictive measures against Israel, Wafa news agency reported.

Business - Economy
1/10/2023 9:59:00 PM
Egypt is set to receive the second tranche of the $3 billion loan it secured from the International Monetary Fund (IMF), estimated at around $347 million, by the end of March, following the completion of the first review of the loan programme, the IMF Mission Chief for Egypt, Middle East and Central Asia Department Ivanna Vladkova Hollar said on Tuesday.

Business - Economy
1/10/2023 9:22:09 PM
Egypt has committed to the International Monetary Fund (IMF) to endure structural reforms in its macroeconomic schemes, fuel prices and foreign exchange policies (FX) as well as its debt structure among several monetary and fiscal policies, according to the fund staff report released on Tuesday.

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