World
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Africa
8/10/2023 1:29:05 PM
The World Bank is pausing approval for new public finance projects in Uganda over the country's adoption earlier this year of a bill criminalizing same-sex conduct.
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Business
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Economy
8/9/2023 5:52:16 PM
The Egyptian government has signed a preliminary agreement with the Indian renewable energy company Ocior to invest $4 billion in green hydrogen projects in the Suez Canal Economic Zone (SCZone).
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Egypt
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Society
8/9/2023 3:00:48 PM
Egypt has launched the first phase of a support programme that will provide loans at concessional interest rates to irregular labourers to establish 10,000 small and micro projects in six governorates.
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Business
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Economy
8/7/2023 2:56:22 PM
The Egyptian General Authority for Investment and Free Zones (GAFI) announced on Monday the creation of a new single-approval system for projects to facilitate investments.
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Al-Ahram Weekly
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Egypt
8/5/2023 9:34:00 AM
New Alamein projects have increased the price of real estate units across the North Coast.
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Business
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Economy
8/3/2023 6:27:10 PM
The European Bank for Reconstruction and Development (EBRD) has invested €27 million in securitized bonds issued in Egypt to support municipal infrastructure projects.
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Business
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Economy
8/2/2023 8:39:47 PM
The Egyptian National Railways (ENR) has announced plans to establish a new join-stock company to produce mechanical spare parts in partnership with Lenza Egypt For Projects Engineering Equipment.
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Business
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Markets & Companies
8/1/2023 3:38:10 PM
A group of high-profile Egyptian investors abroad will soon establish an investment company to engage the country’s expats in high-return national projects, Minister of Emigration and Egyptian Expatriates' Affairs Soha Gendy said.
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Business
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Markets & Companies
7/25/2023 2:30:10 PM
The National Service Projects Organization (NSPO), an army entity, acquired a 20% stake in local energy company TAQA Arabia for EGP 1.63 billion ($52.75 million) Egypt's bourse announced on Tuesday.
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Business
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Economy
7/19/2023 10:21:56 PM
The Egyptian Cabinet granted Golden Licences to five projects with total investments of EGP 10.2 billion ($329.34 million) during a meeting on Wednesday, according to a cabinet statement.
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Business
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Economy
7/18/2023 6:50:55 PM
Egypt will launch a group of tenders in the mining sector for resources including precious metals, phosphate, sulfur, and potash, between July and September 2023, said Minister of Petroleum and Mineral Resources Tarek El-Molla.
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Business
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Economy
7/18/2023 4:39:30 PM
The Egyptian government has received three offers from Egyptian and international investors for the production of phosphate fertilizers and phosphoric acid in the Red Sea city of Safaga with $1.6 billion in investments.
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Business
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Economy
7/13/2023 6:29:00 PM
The Suez Canal Economic Zone (SCZONE) has signed a series of agreements for investment projects worth $60 million in the China-Egypt TEDA Cooperation Zone and New Administrative Capital, according to a statement on Wednesday.
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Business
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Economy
7/12/2023 9:20:32 PM
The Public-Private Partnerships (PPP) Committee has approved partnerships between four state-owned development projects and the private sector, Minister of Finance Mohamed Maait announced in a statement on Wednesday.
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Business
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Economy
7/9/2023 5:42:53 PM
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC) to support its capital and fund green projects, according to a bourse statement on Sunday.
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Business
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Energy
6/25/2023 5:40:02 PM
Mahmoud Mohieldin, UN climate change high level champion and UN special envoy on financing the 2030 Sustainable Development Agenda, said on Sunday the National Initiative for Smart Green Projects represents a strong addition to Egypt’s economic and development efforts.
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Life & Style
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City Lights
6/18/2023 6:58:33 PM
Oka Hiroshi, Japan’s ambassador to Egypt, inaugurated two projects in Old Cairo on Thursday as part of Japan’s Grant Assistance for Grassroots Human Security Projects (KUSANONE).
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Egypt
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Society
6/14/2023 5:15:18 PM
National projects are implemented with the sole purpose of improving people's lives, said Egypt’s Prime Minister Mostafa Madbouly on Wednesday, stressing that it is people's right to enjoy a better life and a clean environment.
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Business
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Economy
6/13/2023 2:47:36 PM
Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed an EGP 150 million (about $4.8 million) financing agreement with the Saudi Arabia Grant Management Committee (SAGMC) to fund industrial projects in Egypt.
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Business
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Economy
6/8/2023 7:14:02 PM
The Board of Directors of the Suez Canal Economic Zone (SCZone) has approved a series of projects, with international partners, in the fields of manufacturing, green hydrogen, and water desalination, according to a statement on Thursday.
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