EBRD considers $200m debt finance for 1.1 GW Suez Wind Energy
The European Bank for Reconstruction and Development (EBRD) is considering senior debt financing of up to $200m in debt financing to support Suez Wind Energy, an Egyptian special purpose vehicle…
FRA promotes green financing to boost investment in eco-friendly projects: Farid
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), Vice Chair of the International Organization of Securities Commissions (IOSCO), and Chair of its Growth and Emerging Markets Committee (GEMC), began…
WUF12 addresses SDG localisation, development finance
At the 12th World Urban Forum (WUF12), held in Cairo, two pivotal discussions underscored the critical importance of Sustainable Development Goals (SDGs) localisation and financing for development. These discussions revealed…
EBank launches Information Security Academy in partnership with EBI
EBank has announced the launch of the Information Security Academy (InfoSec) at the Bank, in partnership with the Egyptian Banking Institute (EBI), the training arm of the Central Bank of…
Suez Canal Bank opens its 53rd branch in Menoufeya’s Shibin El-Kom
Suez Canal Bank inaugurated its latest branch in Shibin El-Kom, Menoufeya to provide its banking services and products to a larger customer base. This aligns with the directions of CBE…
ABE injects EGP 39.8bn into small, micro-enterprises in September
The Agricultural Bank of Egypt (ABE) concluded the third quarter of this year with significant growth in loans allocated to funding SME activities. The bank stimulates various productive sectors to…
First Ministerial Conference of Russia-Africa Partnership Forum kick starts
Russia on Saturday opened the first Ministerial Conference of the Russia-Africa Partnership Forum in the city of Sochi, seeking to deepen ties with African nations and dispel the notion that…
Madbouly chairs Governors’ Council meeting, discusses urban development, building reconciliation
Egypt’s Prime Minister Mostafa Madbouly chaired the third meeting of the Governors' Council on Saturday to discuss progress on urban development, reconciliation of buildings, and several key files. The meeting…
Egypt reclaims 67 artefacts from Germany
Egypt has reclaimed 67 artefacts from Germany, the Ministry of Foreign Affairs announced on Saturday. The artefacts, which were recovered by the Egyptian Embassy in Berlin, represent various historical periods…
Gaza death toll from Israeli aggression rises to 43,552 Palestinians
The Palestinian Ministry of Health in Gaza said that the Israeli occupation committed four massacres against families in the Gaza Strip during the past 24 hours. It indicated that 44…