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,…
Irrigation Minister launches ‘Food and Agriculture Initiative’ during COP27
Agricultural sector consumes about 80% of water resources in MENA region
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…
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…
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…
African Union, AfDB launch green infrastructure alliance
Coalition seeks to mobilize $10bn in investment opportunities for private sector in first phase
Fortescue Future Industries takes major step towards study and development of green hydrogen, renewable energy with Egypt
This is another milestone in the strong relationship between Fortescue and the Egyptian government and builds upon a memorandum of understanding (MoU) signed earlier this year and a recent meeting…
CIB makes the case for Africa-specific solutions to financing the net-zero transition
The panel provided a platform for insights by key industry leaders on how the NZBA — a global alliance of banks committed to aligning their lending and investment portfolios with…
African, European youths feel there should be more funding for alternative sources of energy, particularly renewables: EIB
Africans and Europeans raised climate change and its consequences, such as food security and severe weather events, as their main concerns.
Pakistan prioritise green investment to mitigate climate change impacts: Ahsan Iqbal
Pakistan, he said was contributing less than 1% to global warming but still, it was among the top seven countries which were vulnerable to climate change risks.