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Development partners
World Bank predicts 5.5% GDP growth for Egypt in FY2021-2022…
The World Bank has revised upwards its prediction for Egypt’s GDP growth by 0.5 percentage points to 5.5% for FY2021-2022.
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EIB backs Maspero station through €600 million financing for Cairo Metro Line 3
Frans Timmermans, executive vice-president of the European Commission, has visited the Maspero metro station site, part of Cairo Metro Line 3 – Phase 3 project, for which the European Investment Bank…
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Egypt participates in Turkey-Africa Partnership meetings
Ambassador Hamdi Loza, deputy minister of foreign affairs for African affairs, participated in the meetings of the Turkey-Africa Partnership held in Istanbul on 16-17 December 16-17.
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Egypt, World Bank discuss extending Country Partnership Framework
Rania Al-Mashat, Minister of International Cooperation and Governor of Egypt at the World Bank Group, has met with the team responsible for the World Bank’s Development Policy Financing (DPF) loan…
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Egypt welcomes cooperation with African cities within UCLG
Egypt welcomes any proposal for cooperation at the bilateral, regional, and continental level between African cities within the framework of the United Cities and Local Governments of Africa (UCLG…
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Russia to finance the construction of industrial zone in Egypt next year – official
Russia will start financing construction of its anticipated sprawling industrial zone in Egypt, First Deputy Minister of Industry and Trade Vasily Osmakov said on Friday.
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Egypt inks deal with US consortium to develop Tahrir Complex for EGP 3.5bn
Egypt has signed an agreement with a US consortium to develop and rehabilitate Tahrir Complex with total investments of more than EGP 3.5 billion.
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Egypt-UK relations truly go from strength to strength: UK Ambassador
UK Ambassador to Egypt Gareth Bayley said the relationship between the two countries is truly going from strength to strength.
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Egypt, Spain renews financial cooperation protocol worth €400M
Egypt and Spain has signed an agreement to renew the financial cooperation protocol with the Spanish government, worth €400 million.
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Development partners provide Egypt with $720m funding, Minister
The Asian Infrastructure Investment Bank (AIIB) and the World Bank have earmarked a total of $720 million for Egypt’s development policies, Minister of International Cooperation, Rania El-Mashat,…
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