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Development partners
Enhancing green financing tools, Africa’s private sector are 2021 focus plan: Al-Mashat
Egypt’s Minister of International Cooperation Rania Al-Mashat has announced that her ministry will focus, in 2021, on enhancing green financing tools, and ensuring the presence of the private sector…
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Global economy will take years to recover from pandemic: WB
The global economy is expected to bounce back during 2021 but will still be below pre-pandemic levels for many years to come, according to the update reports on the global economy that were issued by…
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World Economic Forum draws global recovery map, urges equal vaccine distribution
Developing countries must be helped to better recover from the pandemic as developed nations have, taking bold action to rebuild their economies and to achieve global recovery in 2021, said Tharman…
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Egypt’s sovereign fund reportedly eying controlling stake in e-Finance
Sovereign Fund of Egypt is in talks to acquire part of the National Investment Bank’s 69 percent stake in state-owned e-payments platform e-Finance, local press reported on Sunday citing sources with…
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Egypt to establish an industrial zone, expand private sector role in Sudan: Gamea
Egypt is planning to establish an industrial zone in Sudan to facilitate the establishment of joint projects, according to Egypt’s Minister of Trade and Industry.
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ESCWA, Standard Chartered Bank speculate rebound for Egypt’s economic growth in 2021
The Ministry of Planning and Economic Development reviewed some international reports on the economic situation in Egypt and the Arab region.
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IMF increases its projection for Egypt’s economic growth in FY2020/21
The International Monetary Fund (IMF) increased its projection for the growth of the economy to 2.8 percent during the current FY 2020/2021 compared to 2 percent that was expected before that.
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Egypt, China agree to complete work at business district in New Capital
Egypt and China have signed an attachment agreement on completing works at the central business district project in the New Administrative Capital (NAC).
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Egypt’s AOI, Qalaa Holdings sign cooperation protocol to manufacture natural gas cylinders
The Arab Organization for Industrialization (AOI) signed a protocol of cooperation with Qalaa Holdings, while another protocol was signed between ASEC for Manufacturing and Industrial Projects and…
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UK aspires to be ‘Africa’s investor of choice’: Boris Johnson
The United Kingdom has expressed its desire to develop its economic relations with African countries, and to become one day the continent’s main investor.
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