Egypt, EIB sign €621m agreement for green sustainable industries
Minister of International Cooperation, Rania Al-Mashat, recently signed two agreements totaling €621m with the European Investment Bank (EIB) and the SPE Capital Fund. The purpose of these agreements is to…
Maait discusses green, sustainable financing opportunities with UNDP
Mohamed Maait, Egypt’s Minister of Finance, recently met with Abdallah Al Dardari, Assistant Secretary-General of the United Nations for the United Nations Development Programme (UNDP). The meeting took place during…
Former Egyptian Tourism Minister Hisham Zaazou joins board of Arabian Kuwaiti Group
Tarek Eid, CEO of Arabian Investment House Holding—the real estate division of Arabian Kuwaiti Group—announced the appointment of former Egyptian Tourism Minister Hisham Zaazou to the company’s board of directors.…
Finance Ministry to launch 6 T-bill, bond auctions of EGP 143bn early July
The Ministry of Finance has announced its intention to issue six auctions of treasury bills and bonds worth EGP 143bn in the first week of July 2024. Acting on behalf…
GAFI CEO outlines ambitious investment reforms at Egypt-EU Investment Conference
At the Egypt-EU Investment Conference, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), unveiled a comprehensive package of reforms aimed at transforming Egypt into…
Nile University, GH2 sign agreement to establish international green hydrogen centre
Egypt is set to establish an international green hydrogen centre following an agreement signed between Nile University and the Green Hydrogen Organization (GH2) on the sidelines of the Egypt-EU Investment…
Egypt denies approval for Rafah crossing relocation, Israeli oversight
Egypt has denied approving the relocation of the Rafah border crossing or the construction of a new crossing near Kerem Shalom. According to a high-level Egyptian security source speaking to…
Al-Sisi commemorates 11th anniversary of June 30 Revolution
Egyptian President Abdel Fattah Al-Sisi reaffirmed the significance of the June 30 Revolution anniversary this year. The occasion underscores the resilience of Egyptians, their deep connection to their homeland, and…
Egypt’s Environment Minister highlights $2bn green investment opportunities
Yasmine Fouad, Egypt's Minister of Environment, unveiled promising investment opportunities worth $2bn in Egypt's green circular economy during the dialogue session "Promoting Green and Circular Economy in Egypt" at…
Egypt, Italy sign key railway, green transport agreements
Egypt's Ministry of Transport announced Sunday the signing of several agreements and memoranda of understanding with Italian counterparts, focusing on railway development and green transportation initiatives. The signings took…