Egypt and Belgium signed an MoU on Thursday in which EGP 16 mn was allocated for the renovation of Baron Empain Palace in Heliopolis, according toa statementfrom the Investment and International Cooperation Ministry. Meanwhile, Alexandria University’s Center of Excellence for Water ― part of a five year, USD 90 mn USAID initiative ― opened last week. The center will link researchers from Egypt and the US with members of the private sector, to find solutions to water challenges that include supply, irrigation and waste, according to a US embassy statement.
More from Enterprise
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Gulf stock exchanges are growing in importance, but they’re still a long way from becoming capital market hubs -Fitch
The diagnosis lands in a year when UAE and Saudi…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…