We call on all parties to work to reach a consensus and seek to build capacity: COP27 President

There is an overwhelming desire to reach a fair climate agreement

Sami Hegazi

MSMEDA allocates EGP 1.2bn to convert 150,000 cars to operate on natural gas

EGP 542m pumped to convert over 77,000 cars over the past eight years: CEO

Hossam Mounir

EIB announces new support for Egypt’s own green transition at COP27

The COP27 offered an opportunity for the EIB to cement cooperation and joint projects, including newly announced cooperation with Egypt in financing the NWFE programme’s pillars. Additionally, the European Investment…

Daily News Egypt

US Embassy in Cairo supports 44th Cairo International Film Festival

The statement added that the embassy is partnering with Film Independent — an esteemed Los Angeles-based film and arts organisation — to sponsor American documentary film screenings, panel discussions with…

Daily News Egypt

CI Capital’s revenues reach EGP 2.5bn in Q3 2022

“CI Capital continued to lead the market across key performance indicators,” said CI Capital’s Chairperson Mahmoud Attalla, adding that “the group delivered an industry-leading return on average equity, strong profitability,…

Daily News Egypt

Irrigation Minister launches ‘Food and Agriculture Initiative’ during COP27

Agricultural sector consumes about 80% of water resources in MENA region 

Daily News Egypt

Microsoft partners with Egyptian Natural Gas Holding to co-develop EGAS sustainability roadmap

The partnership serves directly to achieve the EGAS vision towards a more sustainable industry. The EGAS adopted Microsoft 5 Rs approach which contributes to emissions reduction of the greenhouse gases…

Daily News Egypt

EFG Hermes reports increase in revenues to EGP 2.3bn in 3Q 2022

EFG Hermes’ net operating profit recorded grew 70% Y-o-Y to EGP 716m, while the Group’s net profit after tax and minority interest slipped 5% Y-o-Y to EGP 337m due to…

Daily News Egypt

British Council supports 17 projects to protect heritage at risk with £14m

The announcement was made at a meeting of the International National Trusts Organisation (INTO) at COP27 in Sharm-El-Sheikh where participants will hold discussions under the theme Building Adaptation and Resilience…

Fatma Salah

African Union, AfDB launch green infrastructure alliance

Coalition seeks to mobilize $10bn in investment opportunities for private sector in first phase

Sami Hegazi