Egypt
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Courts & Law
12/22/2022 7:13:00 PM
An Egyptian court has ordered the lifting the asset freeze order on the funds and properties of political activist and former diplomat Massoum Marzouk, according to a statement from the Public prosecution.
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COP27
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Climate change
11/22/2022 7:47:43 PM
In conflict-ravaged nations like Yemen and Somalia, devastating floods and droughts kill hundreds of people and uproot tens of thousands from their homes.
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COP27
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Climate change
11/19/2022 11:38:15 AM
United Nations climate talks ran into extra time on Saturday with little sign of a breakthrough, as negotiations remain hung up on key issues including funds for the loss and damage suffered by poorer vulnerable countries hit by extreme weather.
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COP27
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Sharm El-Sheikh
11/15/2022 11:54:37 PM
Negotiators at COP27 climate talks in Egypt prepared Tuesday for a looming showdown over how, and how quickly, to funnel funds to developing countries battered by deadly and costly climate impacts.
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Egypt
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Climate change
11/11/2022 2:19:00 PM
Egypt's green economy transition file, NWFE, has won first place among North African and European countries for the Climate Investment Funds (CIF) initiative on nature and climate investments, Minister of International Cooperation Rania Al-Mashat announced Thursday.
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COP27
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Climate change
11/11/2022 10:35:10 AM
Battling droughts, sandstorms, floods, wildfires, coastal erosion, cyclones and other weather events exacerbated by climate change, the African continent needs to adapt, but it needs funds to do so, leaders and negotiators from the continent said at the U.N. climate summit.
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Business
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Markets & Companies
11/3/2022 5:03:03 PM
Egyptian Exchange (EGX) indices showed mixed performance at the close of the week's trading pushed by wide-scale purchases by institutions and local investment funds and sales by foreign and Arab funds.
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COP27
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Climate change
11/1/2022 1:03:40 PM
Mahmoud Mohieldin, the UN climate change high level champion for Egypt, stressed the need to multiply the amount allocated for climate adaptation for Africa by six times to reach $62 billion, up from the current $11.4 billion.
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COP27
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Climate change
10/31/2022 9:22:25 PM
Charitable giving to organizations that work to slow climate change have increased in the past year, and many more groups are receiving funds than just a few years ago. But despite the increases, giving from individuals and foundations to climate-related causes remains a stubbornly small percentage of overall charitable giving according, to a new report by the ClimateWorks Foundation.
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COP27
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Climate change
10/17/2022 6:16:32 PM
Mahmoud Mohieldin, the UN climate change high level champion for Egypt, said on Monday that funds can be mobilised for climate action by partnerships between the public and private sectors and by enhancing collaboration with regional and international development and finance institutions.
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World
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War in Ukraine
10/17/2022 2:40:16 PM
The European Union on Monday approved a military training mission in Europe for thousands of Ukrainian troops and to provide around 500 million euros ($486 million) in extra funds to help buy weapons for the war-torn country.
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COP27
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Climate change
10/4/2022 8:31:10 PM
UN Deputy Secretary-General Amina Mohammed urged developed nations to devise a clear roadmap to start dispensing the funds they pledged for climate adaptation funds at the COP26 in Glasgow last year.
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World
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Region
10/2/2022 10:46:43 AM
Iran is awaiting the release of about $7 billion in funds frozen abroad, state media said Sunday, after it allowed an Iranian-American to leave the country and released his son from detention.
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Al-Ahram Weekly
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Opinion
9/23/2022 10:08:15 PM
A few months ago, when Arab sovereign funds started purchasing shares of successful Egyptian companies through the stock exchange, I thought there was no cause for alarm and that we should welcome such transactions as they are consistent within our national policy of attracting foreign investment.
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World
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International
9/18/2022 1:18:54 PM
The European Union's executive branch recommended Sunday that the bloc suspend around 7.5 billion euros (dollars) in funding to Hungary over concerns about democratic backsliding and the possible mismanagement of EU money.
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World
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International
9/14/2022 8:06:17 PM
A year after the tumultuous U.S. withdrawal from Afghanistan, the Biden administration said Wednesday it will transfer $3.5 billion in frozen Afghan central bank funds for humanitarian aid as hunger grips every province in that country.
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Business
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Markets & Companies
9/11/2022 5:57:18 PM
The Egyptian Exchange (EGX) continued its upward trend as all indices were up at at start of this week's trading session backed by purchase operations by institutions and local and foreign investment funds.
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World
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Africa
9/9/2022 6:25:59 PM
From drought to cyclones and sea level rise, the cost of damage caused by climate change in Africa will only get higher as the world warms, sparking concerns from activists and officials about how to pay for it.
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World
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Africa
9/7/2022 1:36:13 PM
Officials from two dozen African nations and US climate envoy John Kerry are due to gather in Egypt from Wednesday for a conference to drum up funding for tackling climate change.
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Business
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Economy
9/6/2022 11:25:01 PM
Egypt’s Prime Minister Mostafa Madbouly said it is time to put climate adaptation programs into effect and provide them with the necessary funding, particularly in developing countries.
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