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World - International
9/30/2023 10:38:08 PM
Last gasp moves to prevent a US government shutdown took a dramatic step forward Saturday, as Democrats overwhelmingly backed an eleventh-hour Republican measure to keep federal funding going for 45 days, albeit with a freeze on Washington's massive aid to Ukraine.

World - Region
9/30/2023 5:21:14 PM
Billionaire Elon Musk on Saturday waded into German politics at a time of a heated debate on immigration across Europe, saying Berlin-funded migrant rescue operations in the Mediterranean could be seen as an "invasion" of Italy.

World - Region
9/27/2023 9:24:15 PM
Libya's eastern-based government announced Wednesday the creation of a fund for the reconstruction of Derna, weeks after it was hit by a devastating flood that swept thousands out to sea.

Egypt - Society
9/26/2023 4:59:45 PM
President Abdel-Fattah El-Sisi said the donation-based Tahya Misr (Long Live Egypt) Fund will bear half the cost of establishing 17 new technical universities across the country, estimated to cost EGP 500-600 million.

Egypt - Society
9/26/2023 10:40:15 AM
Egypt’s Science and Technology Development Fund (STDF) signed an agreement with the British Council on Monday to foster scientific research and knowledge exchange between the two sides, according to a statement by the Ministry of Higher Education and Scientific Research.

Business - Energy
9/25/2023 5:03:52 PM
The International Finance Corporation (IFC) has approved a $25 million loan to Kandil Steel company to support sustainable flat steel processing in Egypt and fund green projects, read an IFC statement on Monday.

World - Region
9/21/2023 11:48:39 AM
Syrian President Bashar Al-Assad on Thursday began his first official trip to China in almost two decades, state media reported, where he will ask a longtime ally for financial support to help rebuild his devastated country.

Business - Economy
9/17/2023 8:06:55 PM
The times scheduled for the International Monetary Fund’s (IMF) reviews of the Egyptian economy for the $3 billion loan program with the fund are “tentative and not final," a high-level source familiar with the deal told Ahram Online.

World - Region
9/17/2023 7:43:40 PM
Zahra el-Gerbi wasn't expecting much of a response to her online fundraiser, but she felt she had to do something after four of her relatives died in the flooding that decimated the eastern Libyan city of Derna. She put out a call for donations for those displaced by the deluge.

Al-Ahram Weekly - Egypt
9/16/2023 9:13:00 PM
Next week will see the start of the first meeting on the funding of the National Coordinating Committee for Combating and Preventing Illegal Migration and Trafficking in Persons (NCCPIM&TIP).

Business - Economy
9/13/2023 4:14:38 PM
The global debt to GDP ratio fell by 10 percent in 2022 to 238 percent from its 2021 level, yet total debt amounted to $235 trillion, $200 billion above the 2021 level, according to the International Monetary Fund on Wednesday.

World - Region
9/10/2023 3:50:22 PM
The United Nations special envoy for Syria Sunday urged donors not to reduce their funding as the war-torn country's economic crisis spirals.

World - International
9/9/2023 5:52:01 PM
Italian Premier Giorgia Meloni met with Chinese Premier Li Qiang on the sidelines of the G20 summit and vowed Saturday to “consolidate and deepen” relations, as Rome considers abandoning Beijing’s “Belt and Road” initiative of Chinese-built and -funded infrastructure projects.

Business - Economy
9/7/2023 10:49:08 PM
The US Treasury is pushing to increase funding for the International Monetary Fund by raising the quota obligations paid by member countries, a top official said Thursday.

Business - Economy
9/7/2023 9:50:35 PM
As the second review of the International Monetary Fund's (IMF) $3 billion loan agreement with Egypt draws nearer, many concerns are raised regarding the progress of the programme.

Business - Economy
9/7/2023 6:41:03 PM
The leaders of the International Monetary Fund and World Bank announced Thursday that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change.

World - Africa
9/7/2023 5:57:33 PM
Renewables funding, global finance reform and carbon taxes head the demands formulated by African nations at a summit in Nairobi this week as the world heads towards annual climate negotiations.

Business - Economy
9/6/2023 3:02:57 PM
The National Bank of Egypt (NBE) has sealed a deal to secure $100 million from the Abu Dhabi foreign aid agency to fund Egyptian exports from the UAE, read a press release on Wednesday.

Sports - Omni sports
9/5/2023 1:24:29 PM
Formula One drivers have teamed up with world and European champion soccer players investing in a 50 million euros ($54 million) fund launched Tuesday that will use their advice to seek sports-related targets.

Al-Ahram Weekly - Economy
9/2/2023 9:40:00 AM
In spite of the economic, fiscal, and financial reforms that the country has embarked on since signing the loan deal with the International Monetary Fund (IMF) in October last year, Egypt is still muddling through a myriad of economic challenges.

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