News
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Commissioning begins at Egypt’s first green hydrogen plant
The facility is the first integrated green hydrogen plant in Africa, and when fully developed will consist of 100 MW of electrolysers.
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The Nordic market holds big opportunities for Egypt’s IT sector
How Northern Europe leverages the largest, youngest talent pool in the Middle East to tackle the pressing tech skills gap.
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UAE, Egypt ink major wind energy deal on COP27 sidelines
The 10-gigawatt (GW) onshore wind project in Egypt will produce 47,790 GWh of clean energy annually once it is completed.
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Kenya secures Sh3.6 trillion in investments at Egypt summit
The head of state said the deals were made during his two-day visit to Sharm el-Sheikh, Egypt.
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Egypt and Germany strengthen LNG and green hydrogen links
By signing a Joint Declaration of Intent, the two countries underscore their ambitions to combat climate change.
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Cop27 leaders dress for business in Egypt
Political leaders and representatives from 190 countries posed in their best formal suits to debate climate change adaptation.
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Irrigation Minister attends opening of Swedish Business Pavilion
The minister praised the support provided by the Swedish Development Cooperation Agency to Egypt and Africa.
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Egypt seeks shift to green economy, President El-Sisi tells COP27
“From this rostrum, I urge you to become the model that the world hopes,” said the Egyptian leader.
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Suez Canal to hold panel on green solutions, investment opportunities
The panel will also highlight the measures to be taken in the future to achieve sustainable development and tackle the risks of climate change.
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Vodafone contributing to Egypt’s 2030 Sustainable Development vision
Vodafone is also supporting the agricultural sector to save 18 billion cubic meters of water using technology: Essam
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Low-income families struggling in Egypt’s economy
Egypt’s annual urban consumer inflation has spiked to 15 percent, its highest in four years, eroding value of earnings.
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Egypt, World Bank discuss launch of country strategy 2023/2027
The World Bank's active portfolio in Egypt is composed of 14 operations for a net commitment amount of $6.83 billion.
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Al-Sisi, IMF Managing Director discuss bilateral partnership
Meeting comes within IMF Managing Director Kristalina’s participation in COP27 in Sharm El-Sheikh
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Developing nations can slash emissions with modest investments
Climate action is a key global public good, requiring significant new financing from the global community and mechanisms for inflows.
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EU provides support of up to US$300 mln to Egypt’s start-up sector
Ezz stressed the importance of supporting this sector due to the growing opportunities worldwide and in Egypt.
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Egypt to establish Carbon Certificates Trading Company
The signing came without disclosing financial and organisational details of the company which aims to cooperate with government and private projects.
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Egypt’s Central Bank issues binding regulations to accelerate transition toward green economy
The regulation encompasses several pillars, including the establishment of an independent department for sustainability and sustainable finance.
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Nigeria, Egypt, South Africa are premier investment destinations in Africa
According to research firm Africa: The Big Deal, funding for startups in Africa more than doubled to $3.14 billion in the first six months of 2022.
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Business sentiments of Egypt's non-oil businesses hit record low
Only one out of every 25 businesses surveyed gave a positive outlook for the next 12 months.
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Egypt’s COP27 climate summit comes at a ‘watershed moment’
The Nov 6 to 18 meeting in the resort town of Sharm el-Sheikh tasked with taming the terrifying juggernaut of global warming.