Development partners

The African Development Bank (AfDB) supports Egypt’s efforts to prepare for the upcoming UN Climate Change Conference (COP27) scheduled to be held in November in Sharm El-Sheikh, the bank’s president…
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Egypt’s real estate developer Tatweer Misr has signed an agreement with Schneider Electric, to integrate technological innovation in real estate projects, starting from design to smart management of…
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Suez Industrial Development Company (SIDC) has signed an agreement with Al Ahly Capital Holding (ACH), an investment arm of the National Bank of Egypt (NBE), to jointly establish an industrial park in…
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Lafarge Egypt, a member of Holcim Group, has inked a long-term contract worth $93 million with Lumika Renewables Egypt, a subsidiary of AP Moller Egypt, to supply electricity through solar cells.
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Japan would like to strengthen the relations with the Suez Canal Economic Zone (SCZONE), that is considered a Economic Hub for international maritime transport and a main gateway to the African…
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The International Chamber of Shipping (ICS) and Egypt’s Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) covering key issues impacting international ship owners and operations of…
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valU Consumer Finance (valU), a fully-owned subsidiary of EFG Hermes Holding entered into an agreement with Amazon for the Provision of Consumer Financing by valU as a Payment Method on amazon.eg…
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Egypt and Tunisia agreed to make 2022-2023 a year of activating economic cooperation between the two countries, and to activate a maritime shipping line between both sides.
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The Egyptian Cabinet has approved a €51.518m- agreement (around $60.642m) between Egypt’s National Railways Authority and the Export-Import Bank of Korea for the upgrade of the 224-km Luxor-High Dam…
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Remittance flows to Egypt are expected to increase by eight percent in 2022 despite the repercussions of the global economic challenges, the World Bank stated.
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