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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
Qatar has intercepted and seized a Bahraini boat for entering illegally the territorial waters of the tiny gas-rich Gulf country, reports say. Qatari Coastline Security General Directorate sent, Doha News reports, a fax to Bahrain’s Naval Operations Centre of Coast Read more
Forbes Magazine has listed three Egyptian companies in its choice of the Middle East and North Africa top 10 sustainable companies. Cairo Solar, the Egyptian Company for Solid Waste (ECARU), and Karm Solar are the greenest companies in Egypt according Read more
The Egyptian resort city of Sharm El-Sheikh on the Red Sea welcomed Sunday the first flight of British tourists to the resort since more than a year’s suspension due to the coronavirus pandemic. 150 passengers touched down Saturday at the Read more
A ruling by Egypt’s Examination and Investigation Commission ordered the unfreeze of the funds of Alaa and Gamal, the sons of the late President Hosni Mubarak, and their families. “Ending the prohibition order No. 3 of 2011, related to each Read more