Germany to recommend release of aid tranche to Greece – document
The German government will recommend that the European Stability Mechanism (ESM) rescue fund releases the next…
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Greek parliament approves reforms in exchange for aid, debt relief
Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of…
Lenovo to invest $500 million in new startups
Chinese tech giant Lenovo is investing $500 million in startups after it announced a new fund. Unlike other…
IDA approves $22mn for Egypt’s Al-Robeky leather zone phase 2
The utilities fund of the Egyptian Industrial Development Authority (IDA) approved 200 million Egyptian pounds…
King Salman launches Egyptian-Saudi fund with capital of $16bn
Saudi Arabian King Salman bin Abdulaziz Al-Saud launched an Egyptian-Saudi investment fund with a capital of SAR…
Egypt,WB to finalise $500mn agreement for southern development
Egypt's Ministry of International Cooperation will finalise a $500 million funding agreement with the World Bank…
Tahya Masr social housing project includes 15,000 units for 60,000 slum residents
Tahya Masr (Long Live Egypt) Fund, initiated by President Abdel Fattah al-Sisi, is to deliver the first and second…
Egypt’s HCCD to launch private insurance fund for affiliates’ employees
Egyptian Holding Company for Construction and Development (HCCD) plans to set up a private insurance fund for the…
SFD receives first tranche of Saudi $200m grant
Egypt’s Social Fund for Development (SFD) received the first tranche of 62.5 million Egyptian pounds from the Saudi…
Italian SACE to develop Egypt’s Midor refinery with $1.2bn
Italian joint-stock company SACE is to fund the project of upgrading Egypt's largest oil refinery Midor near…
