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Egypt has been selected to host the COP27 United Nations Climate Change Conference in 2022, the country’s environment ministry said on Thursday. The conference expected to take place from November 1st, will happen in the Red Sea resort of Sharm Read more
Egypt and the Jordan Tuesday signed a memorandum of understanding (MoU) to support the sector of micro, small and medium-sized enterprises (MSMEs) in the two countries, Arab Finance reports. The agreement signed between Egypt’s Minister of Trade and Industry Nevin Read more
The U.S Tuesday vehemently warned against its allies in the Middle East thawing ties with Syria after UAE foreign minister visited the embattled Syrian leader Bashar al Assad. Sheikh Abdullah bin Zayed led high key delegation of Emirati officials to Read more
Saudi Arabia in letter to Qatar’s ruler expressed willingness to bolster ties in many areas as both countries continue to thaw ties following years of diplomatic feud. Saudi Crown Prince, Mohamed bin Salman, the facto ruler of Gulf greatest power, Read more
New York-headquartered multinational investment Management Corporation is considering to hike its investment in Egypt after it launched a $673 million climate-focused infrastructure fund, Reuters reports. The Arab republic, David Giordano, global head of renewable power at BlackRock Alternative Investors has Read more
The US development Agency, USAID, and Egypt signed Monday seven grants worth $125 million to support education, health and other development projects in the Arab country. “I am pleased to announce $125 million worth of economic aid from the United Read more
The kingdom of Saudi has deposited $3 billion into Egypt’s central bank, CBE, in a move to shore up the foreign reserve of the Arab republic, reports say. The fund, Arab Finance reports citing the kingdom’s state-run news agency, is Read more
Arab Authority for Agricultural Investment and Development (AAAID), an investment institution based in Khartoum with focus on agriculture investment, has announced plans to inject $220 million in Egypt’s agriculture sector. The funding will be allocated to the small farmers and Read more
The Egyptian capital will stage next year in February the Egypt Petroleum Show (EGYPS) 2021, a major conference and exhibition for the sector in the region, Trade Arabia reports. The event; the 5th edition, was previously scheduled in June this Read more
Egypt Petroleum Show (EGYPS) 2021, a major conference and exhibition for the sector in the region, will be staged Feb. 14-16 next year in Cairo. The 5th edition of the event was previously scheduled in June this year but has Read more