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ADB provides $53m funding for Solomon Islands’ transport project
The Asian Development Bank (ADB) approved a second tranche of financing totalling $53 million for the Government of…
EU earmarks over €380m to LIFE projects for Europe green transition
The European Commission has announced over €380 million in funding for 133 new projects across Europe under the…
EGX closes in green on Oct 21
The Egyptian Exchange (EGX) closed in the green area on Sunday, with the main index, EGX30 surging by 3.10 per cent…
China’s CITIC approves sale of remaining McDonald’s stake
China's state-owned CITIC Ltd. approved the exit of its investment in McDonald's operations China and Hong Kong.
China’s c. bank injects liquidity into stock market
China's central bank initiated its first swap operations on Monday to support the stock market, exchanging assets…
EBRD boosts Azerbaijani SMEs green transition with €6.9m loan
The European Bank for Reconstruction and Development (EBRD) is set to extend a loan of up to $7.5 million (€6.9…
German automakers shouldn’t fear Chinese competition – Scholz
German automakers should not fear competition from China, said Chancellor Olaf Scholz during the inauguration of…
Saudi company to invest in Egyptian armored door manufacturing
Egypt and Saudi Arabia are exploring a new industrial partnership. Egypt's Deputy Prime Minister for Industrial…
EBRD invests €24m in Greek pharma firm Famar
The European Bank for Reconstruction and Development (EBRD) is making a significant investment in Greece,…
Egyptian wages surge 16.8% in ’23 – CAPMAS
Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS) reported that the average monthly wage for…