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What is the Sustainable Debt Coalition doing to bridge the climate finance gap?
The coalition aims to reduce debt burdens and enhance access to affordable green finance for developing countries
Aton Resources to launch gold extracting and processing facility in 2026. PLUS: BP to drill two new wells, Sabbour Consulting expands to KSA, British Council promotes inclusion
The facility will process finds from its Abu Marwat concession in the Eastern Desert
Electricity Ministry sets offtake prices for stored solar energy. PLUS: Knauf + Hassan Allam Construction, Siemens, Dynamic Distribution, Aton
RENEWABLES- Egypt sets tariffs for stored solar energy: The Electricity Ministry has put a price tag on energy produced from…
Egypt has paid 78% of its arrears to foreign oil and gas companies since March
Clearing arrears is part of a larger plan to increase local production following a costly few months of energy imports
Eastern Company hikes cigarette prices for the fourth time this year. PLUS: News from Palm Hills, Misr Petroleum, GASC
The increase came in response to the Finance Ministry enacting the law that allows companies to raise prices by 12%…
IMF begins its fourth review of Egypt’s USD 8 bn program
The review could unlock USD 1.3 bn in funds — the biggest tranche of the program so far
Cairo Housing’s bid for a larger stake in United Housing moves forward. PLUS: News from Eastern Company, EverGrow, GASC
Cairo Housing and Development last month announced that it would submit an MTO for a stake in United for Housing…
Tasaheel raises EGP 3.92 bn from third securitized social sustainability bond issuance
The transaction marks Tasaheel’s third bond issuance as part of the program, which kicked off in January
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