Thursday 03 Apr

fund

EU funding drives 26 sustainable development projects in Egypt
2025/03/17

EU funding drives 26 sustainable development projects in Egypt

Minister of Planning, Economic Development and International Cooperation Dr. Rania Al Mashat announced that Egypt has received funding for 26 projects in the first phase...

Summer aviation incentive program extended with key amendments
2025/03/17

Summer aviation incentive program extended with key amendments

The Board of Directors of the Tourism and Antiquities Support Fund has approved the extension of the current aviation incentive program for the upcoming summer...

Abu Dhabi Tourism invests EGP2.5B in Hurghada Mövenpick
2025/02/17

Abu Dhabi Tourism invests EGP2.5B in Hurghada Mövenpick

Abu Dhabi Tourism Investment Company (ADTIC), owned by the Abu Dhabi Development Fund, will invest approximately 2.5 billion Egyptian pounds to upgrade the Mercure Hurghada...

Sustainable Capital Africa Alpha Fund sells entire stake in CIRA
2025/01/27

Sustainable Capital Africa Alpha Fund sells entire stake in CIRA

Sustainable Capital Africa Alpha Fund has sold its entire stake, amounting to 9.67%, in Cairo Investment and Real Estate Development - CIRA for Education.

Madbouly reviews plans for initial public offerings of Armed Forces companies
2025/01/27

Madbouly reviews plans for initial public offerings of Armed Forces companies

Prime Minister Dr. Moustafa Madbouly chaired a meeting to review the share offering procedures for affiliated armed forces companies, as part of his ongoing oversight...

Experts: Egypt economy poised for 4% growth
2025/01/21

Experts: Egypt economy poised for 4% growth

A Reuters poll forecasts a 4% growth in Egypt's economy in the fiscal year ending next June. The poll, based on forecasts from 19 economists,...

Locally assembled Proton Saga cars enter pilot operation
2025/01/12

Locally assembled Proton Saga cars enter pilot operation

Ezz El Arab Automotive, the exclusive distributor of Proton in Egypt, has announced the commencement of test drives for the Malaysian-made Proton Saga. The Saga...

Acwa Power secures $700 million fund for Egyptian wind farm
2024/12/31

Acwa Power secures $700 million fund for Egyptian wind farm

Acwa Power, a leading Saudi energy developer, has secured financing of 2.64 billion Saudi riyals (approximately $702 million) for a 1,100-megawatt wind power project in...