Africa Climate Summit: Mohieldin Says African Carbon Markets Important for Climate Financing
Mohieldin made the remarks during a panel discussion on “Carbon Markets for Global South, featuring African Carbon Markets Initiative” at the Africa Climate Summit (ACS) in Nairobi.
Coup in Gabon: Ali Bongo the eighth west African leader to be ousted by military in two years
Gabon’s President, Ali Bongo, has become the latest in a string of African leaders to be ousted by a military coup in recent years. Bongo, who had just won a…
Touba: Madinet Masr’s innovative platform for flexible real estate ownership and investment
Touba unlocks new possibilities in real estate with its cutting-edge approach
Orascom-Thales alliance to upgrade Cairo-Beni Suef railway line for €340m
Orascom-Thales alliance, consisting of Orascom Construction and Thales, has signed a contract with the Egyptian National Railway Authority worth €340m to upgrade the railway line between Cairo and Beni Suef,…
Al Tadamun Microfinance Foundation gets EGP 120m credit facility from First Abu Dhabi Bank Egypt
Al Tadamun Microfinance Foundation, a leading provider of microfinance for women entrepreneurs, has renewed a credit facility agreement worth EGP 120m with First Abu Dhabi Bank Egypt, to expand its…
Egyptian Local Development Minister joins global tourism forum in China
Egypt’s Minister of Local Development Hisham Amna arrived in Zhengzhou, China, on Sunday to take part in the International Mayors’ Forum on Tourism, which will run from 4 to 6…
CBE opens door for establishment of green banks in Egypt
The Central Bank of Egypt (CBE) has announced that it will allow the establishment of green banks in the country, as part of its efforts to support sustainable development and…
Egypt’s glass products exports reach $100m in H1 2023: CEC
The Chemical and Fertilizers Export Council (CEC) has announced that Egypt’s exports of glass products in the first half (1H) of 2023 amounted to about $100m, compared to $235m in…
IFC to hire global consultant to develop investment strategy for Egypt
The Egyptian government plans to cooperate with the International Finance Corporation (IFC) to hire a global consulting firm to develop a clear strategy for investment in Egypt. The move aims…
Maqam launches new project in New Capital with EGP 500m sales target
Maqam for Urban Development has announced the launch of its new project in the New Administrative Capital, named Optima Business Complex. The project is expected to achieve sales of around…