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Business
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Energy
11/3/2023 6:17:31 PM
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt, highlighted the contrast between COP27 and COP28, indicating that COP27 focused on mobilizing funds for climate action, while COP28's primary emphasis is on speeding up the just energy transition to achieve emissions reduction targets.
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World
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War in Ukraine
10/11/2023 8:42:00 PM
Ukraine is to receive 1.7 billion euros ($1.8 billion) from taxes on the interest generated from Russian funds frozen in the wake of Moscow's invasion of its neighbor, Belgium's prime minister said Wednesday.
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World
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International
10/3/2023 12:29:42 PM
Indian police raided the offices of a news website that's under investigation for allegedly receiving funds from China, as well as the homes of several of its journalists, in what critics described as an attack on one of India's few remaining independent news outlets.
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World
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Region
10/1/2023 11:37:37 AM
Yemen’s state-run carrier has suspended the only air route out of the country's rebel-held capital to protest Houthi restrictions on its funds, officials said Sunday.
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World
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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.
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World
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International
8/25/2023 5:36:03 PM
The United Nations children’s agency on Friday warned that a year on from Pakistan's devastating floods, an estimated 4 million children continue to need humanitarian assistance and access to essential services as a shortage of funds remains a hurdle in recovery.
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Al-Ahram Weekly
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Egypt
8/24/2023 7:30:00 PM
Despite adopting various unconventional means to attract dollar funds, these may be insufficient to cover Egypt’s needs for hard currency.
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Business
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Economy
8/21/2023 3:33:08 PM
Companies in Egypt can now issue multiple sukuk with single approval from the Financial Regulatory Authority (FRA), according to the recent amendments to the Capital Market Law (CML) by the Egyptian Cabinet.
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Business
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Economy
8/20/2023 2:09:59 PM
The Egyptian government has increased allocations to special funds and accounts in governorates, except for Cairo, by 32 percent for the fiscal year 2023/2024, in order to make payroll for state employees, Minister of Finance Mohamed Maait said Sunday.
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Al-Ahram Weekly
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World
8/17/2023 3:24:00 PM
Israel is worried about understandings between the US and Iran that recently resulted in an agreement on the exchange of prisoners and the release of frozen funds from Iranian oil revenues.
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World
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Region
8/12/2023 10:13:06 AM
The United States and Iran reached a tentative agreement this week that will eventually see five detained Americans in Iran and an unknown number of Iranians imprisoned in the US released from custody after billions of dollars in frozen Iranian assets are transferred from banks in South Korea to Qatar.
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Business
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Energy
7/5/2023 1:34:45 PM
UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda, Mahmoud Mohieldin, lauded the Five Regional Roundtables Initiative's contribution in raising funds for climate action.
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World
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International
6/22/2023 3:36:00 PM
The head of the International Monetary Fund said Thursday that rich countries had met a target of reallocating $100 billion of funds from the institution to battle climate change and poverty in developing countries.
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Business
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Markets & Companies
6/20/2023 4:56:08 PM
The gold is still losing big chunks of its previous gains that endured until May, with the golden pound losing EGP 800 of its value in two days. The stock market saw mixed performance on Tuesday.
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Business
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Economy
6/12/2023 7:43:44 PM
The Egyptian real estate market can drastically improve if real estate investment funds are introduced and fully integrated into the market, experts suggest.
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Business
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Economy
6/7/2023 6:55:45 PM
Gold prices declined by 0.9 percent in May in North American currencies, but increased by a range between 0.1 and 5.8 percent in other global currencies, including the sterling and the Yuan, according to a report by World Gold Council that was released on Wednesday.
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World
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Region
6/3/2023 12:29:45 PM
Despite a dire warning from the U.N. chief that the U.N. agency for Palestinian refugees “is on the verge of financial collapse,” donors at a pledging conference on Friday provided just $107 million in new funds — significantly less than the $300 million it needs to keep helping millions of people.
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World
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International
5/21/2023 9:50:34 AM
Polls have opened in Greece’s parliamentary election, the first since the country’s economy ceased to be subject to strict supervision and control by international lenders who had provided bailout funds during its nearly decade-long financial crisis.
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World
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Region
5/18/2023 7:04:18 PM
Conflict-plagued countries in the Middle East are among the most vulnerable to climate change but are almost entirely excluded from meaningful financing to mitigate its effects, aid groups warned Thursday.
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Business
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Economy
5/18/2023 3:13:37 PM
The US government-funded Egyptian-American Enterprise Fund (EAEF) released its 10-year impact report this week, shedding light on its role in supporting Egypt’s economy.
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