World Bank agrees $7bn new partnership framework with Egypt
The CPF will be implemented jointly by the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA), building on the three institutions’ current portfolios and…
Egypt’s foreign minister phones Algerian counterpart over boosting ties
Ahmed Abou Zeid, the spokesperson of the Ministry of Foreign Affairs, said that Minister Shoukry congratulated Attaf on assuming his new post following the recent ministerial reshuffle, wishing him success…
IFC-supported partnership launched to help increase clean water supply in Egypt
Under the partnership, IFC and EBRD will jointly advise TSFE to structure the development of desalination plants under a PPP model. The private sector will be competitively selected to design,…
TMG declares EGP 400m in dividends for 2022
Talaat Moustafa Group Holding (TMG) shareholders approved TMG's board recommendation to disburse EGP 400m as cash dividends for 2022. Talaat Moustafa Group board proposed a dividend distribution of EGP 0.19…
Opinion| Türkiye and Egypt: For better times with many opportunities
I have been to Egypt so many times during my career as a diplomat in the Turkish Ministry of Foreign Affairs and on each visit, I appreciate the many beauties and dynamism…
International powerhouse brands turn to inaugural GITEX Africa 2023 as launchpad to scale operations in the world’s next biggest digital economy
GITEX Africa will open doors for the first time on 31 May-2 June 2023, welcoming 500 exhibitors and 400 start-ups from 95 countries
Drought caused 43,000 deaths in Somalia in 2022: UN
The World Health Organization (WHO), UNICEF, and the Ministry of Health and Human Services of Somalia said in a joint report released in Mogadishu, the capital of Somalia, that…
Opinion| The Chinese dragon occupies America’s place in the Middle East
In fact, the Saudi-Iranian agreement came as a surprise to everyone, including the United States of America, which did not expect such a quick step. Therefore, confusion was the master…
Egypt starts trial operation of ‘Iqat’ gold mine: Minister of Petroleum
Extracted gold to increase Egypt's reserves
Egypt aims to attract 30 million tourists in 2028: Tourism Minister
Tourism traffic grew by 34% in 2M 2023, expected to grow 30% by year-end: says Issa
