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Gov’t could turn to sustainable development bonds to help fund Decent Life
Egypt is considering the issuance of sustainable development bonds to finance the Decent Life initiative, International Cooperation Minister Rania Al…
Korean presidential visit brings USD 1.3 bn in new financing, raft of cooperation agreements
We could have a trade agreement with South Korea soon: President Abdel Fattah El Sisi and South Korean President Moon…
Egypt takes out USD 10.3 bn of development loans in 2021
Egypt borrowed USD 10.3 bn from bilateral and multilateral lenders in 2021, according to the International Cooperation Ministry’s annual report…
What’s on the agenda for COP27? Pressure for the rest of the world to help EM meet climate commitments.
Securing and de-risking financing to help emerging markets meet climate commitments will be a central focus at Egypt-hosted COP27, International…
First US-Egypt strategic talks in six years start in DC
Praise and “concern” from Washington as US-Egypt strategic talks begin: US Secretary of State Anthony Blinken praised Egypt’s recent diplomatic…
USAID is giving us USD 125 mn in fresh development grants
Egypt is getting seven grants worth USD 125 mn from the US to support education, health and other development projects,…
More EBRD finance for the Cairo Metro?
Egypt could receive an EUR 250 mn loan from the European Bank for Reconstruction and Development (EBRD) to finance upgrades…
Tech, vocational education get more German funding
The German development bank KfW will provide EUR 41 mn to the Education Ministry over the coming year as part…
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