Egypt agrees $540m compensation for Suez Canal obstruction incident
Egypt has signed a preliminary agreement with the owners of the Ever Given ship that blocked the Suez Canal in March, to pay $540m in compensation, Al Arabiya reported citing…
CIB opens subscription for first green bond issuance in Egyptian market
IFC aims to subscribe to entire value of issuance, estimated at $100m
International support needed for financial sector in emerging economies to deal with climate change: EBRD
PFIs in EBRD regions look for support in shape of resources, practical knowledge, and capacity building
Xi Jinping — Leading CPC to strive for a better world
"What we Chinese Communists are doing is to better the lives of the Chinese people, rejuvenate the Chinese nation, and promote peace and development for humanity." Addressing over 600 representatives…
EBRD at full strength to accelerate recovery, green transition: President
Bank’s support for building back from impact of COVID-19 should focus on making economies greener, more inclusive, and more digital, says Renaud-Basso
Egypt’s Parliament approves $1bn financing agreements with WBG, AfDB in health, transport
New agreements help Egypt progress towards sustainable transport system, develop healthcare, says Minister Al-Mashat
Al Ahly Momken, Social Insurance Authority partner to provide e-payment services
Al Ahly Momken for electronic payments solutions has signed a cooperation protocol with the National Authority for Social Insurance to provide the former’s e-payment services for social insurance beneficiaries. The…
Emerging markets offer highest growth opportunities despite challenges, volatility: Citibank
Bank expects SPACs to make purchases, seeking opportunities in emerging markets
Egypt’s Prime Minister inaugurates 52nd Cairo International Book Fair
1,218 Egyptian, foreign publishers and 49 stalls from Azbakeya are also participating in fair
Egyptian businessperson Hassan Rateb detained for 15 days pending investigation
Rateb questioned in the presence of his lawyer, with Public Prosecution confronting him with accusations against him