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Initiatives
WB Group launches advisory council to address global jobs crisis
The World Bank Group has launched a High-Level Advisory Council on Jobs to tackle the anticipated jobs crisis in…
FRA launches Egypt’s 1st regulated carbon market
Egypt's Financial Regulatory Authority (FRA) has completed all regulatory and procedural requirements for…
G20 explores taxing richest worldwide to mitigate climate disasters
The G20 group discussed the possibility of allocating part of the revenue generated from implementing a wealth tax…
BRICS to establish joint geological platform
The BRICS countries, with Egypt's participation, have agreed to establish a joint geological platform aimed at…
IMF, IDB expand partnership for Latin America, Caribbean
The International Monetary Fund (IMF) and the Inter-American Development Bank (IDB) have announced an expanded…
Egypt reinforces support for NEPAD, African development – PM
Egypt’s Prime Minister, Mostafa Madbouly, reaffirmed Egypt’s commitment to working closely with New Partnership for…
World Bank kicks off FY25 with $2.7b in sustainable bonds tied to SOFR rate
The World Bank initiated its fiscal year 2025 US Dollar Benchmark Programme by pricing two Sustainable Development…
AfDB launches initiative to map women’s associations
The African Development Bank (AfDB) launched a project to map 160 women entrepreneurs' associations across 16…
RE100 urges Japan to triple renewable capacity by ’35
RE100, a global corporate initiative promoting renewable energy procurement, urged the Japanese government on…
UAE pledges $25m in emergency aid for Sudan, S. Sudan
The United Arab Emirates (UAE) has entered into an agreement with the UN World Food Programme (WFP) to provide…
