development

Egypt, European Investment Bank to sign €1.1 billion financing agreement for upcoming major projects
Business

Egypt, European Investment Bank to sign €1.1 billion financing agreement for upcoming major projects

Egypt’s Ministry of Transportation agreed on Monday to sign a financing agreement worth €1.1 billion with the European Investment Bank (EIB)…
Egyptian authorities and EU delegation inaugurate Siwa’s newly restored Shali Fortress
Egypt

Egyptian authorities and EU delegation inaugurate Siwa’s newly restored Shali Fortress

A group of Egyptian government officials, along with the European Union’s delegation to Egypt inaugurated and toured on Friday the…
New Administrative Capital’s Iconic Tower to be highest in Africa at 400 meters
Egypt

New Administrative Capital’s Iconic Tower to be highest in Africa at 400 meters

The Central Business District of Cairo’s New Administrative Capital will be home to the US$3 billion Iconic Tower, Africa’s tallest…
EJB member: Egypt’s LE175 billion infrastructure makeover about 55 percent complete
Egypt

EJB member: Egypt’s LE175 billion infrastructure makeover about 55 percent complete

Egypt’s LE175 billion project to build and upgrade approximately 7,000KM of roads is about 55 percent complete, according to Sherif…
Photos – Giza Plateau massive development: Cable car, electric transportation, and heliport
Egypt

Photos – Giza Plateau massive development: Cable car, electric transportation, and heliport

In the midst of the ongoing coronavirus pandemic, Egypt’s Giza Plateau development project is showing no signs of slowing. The…
Egypt becomes first African nation to receive EFQM Certificate of Excellence
Egypt

Egypt becomes first African nation to receive EFQM Certificate of Excellence

The Egyptian Cabinet’s Information and Decision Support Center (IDSC) obtained the “Committed to Excellence” certificate from the European Foundation for…
Mashat: Egypt tops region’s chart in implementing UN Sustainable Development Goals
Business

Mashat: Egypt tops region’s chart in implementing UN Sustainable Development Goals

The Egyptian Minister of International Cooperation, Rania al-Mashat, said on Tuesday that Egypt outscored all other Arab countries by 50…
Egypt’s Suez Canal Authority launches biggest dredger in the Middle East
Egypt

Egypt’s Suez Canal Authority launches biggest dredger in the Middle East

The Suez Canal Authority (SCA) and the Royal IHC (IHC) successfully launched the biggest cutter suction dredger in the Middle…
GERD construction may stall because of financial problems: former minister
Egypt

GERD construction may stall because of financial problems: former minister

The construction of the Grand Ethiopian Renaissance Dam (GERD) may stall, as the Italian companies that are set to build…
Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director
Business

Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director

The Egyptian candidate Mahmoud Mohieldin was elected unanimously on Monday to serve as the International Monetary Fund’s (IMF) executive director,…
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