CIB to host five panel discussions at COP27 in Sharm El-Sheikh
The 27th Conferences of Parties (COP) brings together countries from all over the world to collaborate on implementing global climate action goals. Believing in the crucial responsibility financial institutions hold…
EBRD provides €1bn to Egypt’s green projects annually
Boyd-Capenter told Daily News Egypt during the 27th UN Conference of the Parties on climate Change (COP27) in Sharm El-Sheikh on Tuesday, that the finance goes to a project with…
Finance Ministry, Tax Authority keen on facilitating tax refunds
Youssef started off by affirming that The Ministry of Finance and the Egyptian Tax Authority are keen on facilitating tax refund procedures for non-resident tourists upon their departure.
Outstanding balance of T-bills, bonds registers EGP 4.275trn in September 2022: Finance Ministry
Banks operating in Egyptian market are largest investors in bonds, T-bills
World Bank Group presents new fund for lowering emissions at COP27
“Climate finance needs major new mechanisms that pool funding from the global community to accomplish actual reductions in greenhouse gas emissions across the developing world. SCALE offers a key non-fragmented…
EBRD releases $5.5m tranche of loan to TAQA Arabia’s renewable energy subsidiary
The new funding comprises a $4.95m loan from the EBRD and a $550,000 concessional loan from the Global Environment Facility (GEF) to finance the construction and operation of a 7 MWp solar…
Egypt to launch new tourism promotion campaign soon: Minister Issa
Campaign targets main tourist markets including Britain
Water Resources Ministry, AECID sign LOI for €670,000 project to modernise Egypt’s irrigation systems
“Agriculture represents the heart of Egypt’s economy, as the sector employs 30% of the workforce in rural areas and provides livelihoods for 55% of the population. Recognizing the demand for…
Egypt, Tunisia sign cooperation agreement on environmental protection on sidelines of COP27
Both parties agreed to sign second executive programme for 2023-2024
Citi GPS releases new climate research ahead of COP27
The new research, which underscores the importance of increased private and public sector engagement to address complex global issues, will be discussed at the COP27 in Sharm El Sheikh, Egypt