Africa needs 20 to $50bn annually to meet its climate targets: Egypt’s Environment Minister
The minister stressed Egypt’s keenness to put financing and adaptation at the heart of the COP27’s discussions
Egypt, India discuss strengthening bilateral relations, international issues
Ambassador Ahmed Abu Zeid, the spokesperson of the Ministry of Foreign Affairs, stated that the two ministers discussed ways to advance bilateral relations between Egypt and India. It was agreed…
Funding gap for climate action estimated at $3trn annually: Mahmoud Mohieldin
Mohieldin added that it is unfair for developing countries to borrow and be burdened with more debt in order to fund the climate adaptation gap, which is only responsible, as…
EGX strives to increase efficiency of capital market, diversify investment options: Chairperson
This came during his participation in the activities of the second edition of the f Egypt-ICF 2022 and the Meeting of African Ministers of Finance, Economy and Environment for COP27,…
EBRD supports Egypt’s green economy with $100m loan to Banque Misr for on-lending to local SMEs
The loan follows the success of the Green Economy Financing Facility (GEFF) in Egypt and will support an expansion of green lending in the country to under-served regions for investments in climate…
Emigration Minister, GAFI discuss establishing joint-stock company for Egyptian expatriates
These are recommendations that came out of the third edition of the Conference of Egyptian Entities Abroad that was held at the New Administrative Capital (NAC) in August.
Egypt Forum for International Cooperation, Meeting of African Ministers of Finance part of lead-up to COP27
The minister also discussed with Citibank ideas related to global financial and structural solutions to climate finance issues
Afreximbank launches $6bn development programme to support African countries
Zanamwe added that the finance will be available to all countries, including Egypt.
Egypt’s foreign trade volume increased to about $98.476bn by the end of March 2022: CBE
An increase of about $26.755bn from March 2021
Presidential Pardon Committee announce release of 33 pre-trial detainees
The committee thanked the president for his continuous support in pardoning detainees
