Egypt invests over EGP27b in Upper Egypt development in 7 years
Egypt has implemented 5,633 projects under the Upper Egypt Local Development Programme over the past seven years,…
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World Bank
Egypt, World Bank discuss progress on transport, industrial development projects
Egypt and the World Bank reviewed progress on key transport and industrial infrastructure projects, including the…
Egypt’s MSMEDA invests $2m to fuel startup expansion in Africa
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has invested $2 million in Pamoja Ventures P1 to…
Egypt reviews healthcare system development action plan
Egypt’s Minister of Health Khaled Abdel Ghaffar discussed on Thursday the action plan for the healthcare system…
AfDB approves $170m loan for Egypt’s private sector, green growth
The African Development Bank (AfDB) has approved a $170 million loan to Egypt to support the second phase of its…
Oil down on Monday
Oil prices dipped in thin trade on Monday as investors awaited key Chinese and U.S. economic data this week to…
China’s economic growth to slow in ’25 – World Bank
China’s economic growth is projected to reach 4.9 per cent in 2024, with a further moderation to 4.5 per cent in…
Egypt’s MSMEDA invests $3m in Foundation Ventures fund
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed documents formalising its $3…
Libya’s economy set to stabilise – World Bank
Libya’s economy is set to stabilise following an agreement that resolved the leadership crisis at the Central Bank…
IFC issues $184m green bond to support biodiversity projects
The International Finance Corporation (IFC), a member of the World Bank Group, has issued a five-year green bond…