Egypt’s Sisi ratifies €103.5m financial cooperation deal with Germany
Egyptian President Abdel Fattah El-Sisi has ratified a 2021 financial cooperation agreement with Germany worth…
Browsing Tag
funding
Egyptian virtual clinic app Doctor Online expects new round of funding in Q2
Egyptian virtual clinic app, Doctor Online will receive a new funding in the second quarter of the year, its…
European Investment Bank injects €10.5bn funding in Egypt
The European Investment Bank (EIB) has pumped €10.5 billion funding into the Egyptian market since it has started…
Egypt cabinet approves funding agreement with WB to propel job creation
Egypt’s cabinet approved a proposed presidential decree on a funding agreement signed between the Egyptian…
Acting US defense secretary not decided yet on funding border wall
Acting U.S. Defense Secretary Patrick Shanahan said on Saturday he had not yet determined whether a border wall…
4 Egyptian real estate firms seek $22.3mn funding
Egypt’s state-owned four construction and housing firms plan to receive funding of 400 million Egyptian pounds…
After current deal ends, Egypt won’t seek more funding from IMF: FinMin
Egypt's Finance Minister Mohamed Maait has told Bloomberg in an exclusive interview that Egypt will not seek…
Afreximbank earmarks $2 billion for Egypt
The African Export-Import Bank (Afreximbank) has earmarked $2 billion for Egypt, its president Benedict Oramah said…
Egypt cancels 5 and 10-year treasury bond sales for the second time in a week
Central Bank of Egypt (CBE) data showed on Monday that five and ten-year treasury bond sales worth EGP 3.5 billion…
National Bank of Egypt’s renewable energy funding hit $268 mln in June
National Bank of Egypt (NBE), the country’s largest state bank, says its funding for large-scale renewable energy…
Egypt HCCD training unit negotiating for foreign funding in 2019
Egypt’s Quodrat has signed agreements with a bunch of global facilities to attain foreign funding within 2019, its…
Banque Misr mulling giant funding for Egypt infrastructure sectors
Egypt’s second-largest state bank, Banque Misr is considering raising around 33.3 billion Egyptian pounds ($1.8…
EBRD, Egypt sign $200 mln energy efficiency funding deal
The European Bank for Reconstruction and Development has signed Wednesday a $200 million loan agreement to finance…
World Bank CEO talks global poverty reduction at IOP
Chief Executive Officer of the World Bank Kristalina I. Georgieva outlined the causes of rising poverty in some…
Carbon Holdings lining up for Egypt’s Tahrir petrochemicals project in June
Egypt’s Carbon Holdings Company plans to finalize funding and start building its massive Tahrir petrochemicals…
Egypt holds discussions on $104 mln funding package from USAID
Egypt's Minister of International Cooperation and Investment Sahar Nasr discussed with a U.S. official on Monday a…
Egypt negotiating $104 mln funding package from USAID
Egypt is negotiating a $104 million funding package from the US Agency for International Development (USAID), aimed…
Death toll in Yemen rises to 1,500 from cholera: WHO
The death toll from a major cholera outbreak in Yemen has risen to 1,500, Nevio Zagaria, the World Health…
Signing for 207mn euros-German funding expected during Sisi’s visit: Egypt’s…
International Cooperation Minister Sahar Nasr said President Abdel Fattah al-Sisi’s visit to Germany next week…
Banque Misr in talks with EIB, Afreximbank for $700 million funding
Banque Misr, Egypt’s second largest state lender, is negotiating a $700 million loan from the European Investment…
Egyptian news website Aswat Masriya to close due to funding lack: statement
The Egyptian news website Aswat Masriya, run by Thomson Reuters Foundation, will close at the end of March due to…
US Republicans lay out plans for Obamacare repeal
U.S. Republican leaders laid out on Wednesday plans for repealing Obamacare by spring, followed by funding the…
Israel cuts $6 million in U.N. funding over settlements resolution
Israel said on Friday it would cut $6 million in funding to the United Nations in 2017 in protest against a U.N.…
Trump says Mexico would repay U.S. funds spent on border wall
U.S. President-elect Donald Trump said on Friday Mexico would repay the United States for his planned border wall,…
Alliance of UAE, Swedish, Jordanian, Egyptian funds secures $5 million for Veezeta
A consortium of four mutual funds from Egypt, UAE, Sweden, and Jordan has secured $5 million funding for…
Careem app says closes first part of $500 mln funding round
Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including…
Airbnb seeks to raise an additional $153 million
Airbnb Inc is looking to raise an additional $153 million as an extension of a recent funding round, boosting…
UPDATE: Egyptian women’s rights advocate Azza Soliman bailed out
Egyptian women's rights advocate Azza Soliman was freed on bail late on Wednesday after being accused by an…
Uber Mideast rival Careem said near to $300 mn funding
Careem Networks FZ, which competes with Uber Technologies Inc. in the Middle East, is close to raising about $300…
3 funding protocols signed for Egypt’s Al-Robeky, Mirghem mega projects
Egyptian Industry Ministry signs three cooperation protocols Sunday on providing a bunch of soft funding for…
Britain to plug 4.5 billion pound EU funding gap for farms, colleges
Britain will fill a gap of as much as 4.5 billion pounds ($5.8 billion) in funding for agriculture, universities…
Trump stops labeling Obama founder of IS group
Republican presidential candidate Donald Trump on Friday backed away from repeated remarks labeling President…
Lyft rebuffs acquisition interest from GM
Ride hailing company Lyft rebuffed acquisition interest from General Motors Co and will raise a new funding round…
Technology push to get girls educated
The UK's Department for International Development has announced £100m of funding to help 175,000 of the world's…
Germany raises funds for faster internet to 4 billion euros
Germany will make an additional 1.3 billion ($1.45 billion) euros in funding available to expand broadband internet…
Airbnb seeks funds valuing it at $30 billion
Apartment-sharing startup Airbnb is in talks for a new round of funding that would value the company at $30…
Israeli augmented reality firm Lumus gets 15 million dollars
Lumus, a developer of technology for augmented reality, said on Wednesday it has received $15 million of funding…
China’s Didi Chuxing scores $7.3 billion in new funding
Chinese car-hailing app Didi Chuxing Technology Co said it raised $7.3 billion in its latest round of funding,…
Google Glass-based startup raises $17 million in funding
Augmedix Inc, a startup that uses Alphabet Inc's Google Glass to provide documentation services to doctors and…
Giphy GIF-Finding Tool is now on Android
Backed by a recent funding round of $55 million and commonly referred to as "the Google of GIFs," the New…