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Tag: Egypt
CIB Egypt lands $148 million from AfDB to support SMEs, trade
Commercial International Bank, CIB, of Egypt has secured $148 million from the African Development Bank (AfDB), in form of financial package earmarked to support Small ... Read More
Renewable Energy: SDX Company Adopts New Strategy Focusing on Morocco
SDX Energy Company unveiled on Monday a new strategy focusing on its growing operations in Morocco becoming a strategic regional player in the energy transition. ... Read More
Egypt to stage 3rd EDEX defense exhibition Dec. 4-7
Egypt Defense Expo (EDEX), the country’s only defense and security event that covers Africa and the Middle East is happening on December 4 and 7, ... Read More
Nigeria aims to join BRICS bloc in two years in bid to boost its global economic clout
Nigeria, Africa’s largest economy, is seeking the exclusive BRICS membership to enhance its global economic influence that would also allow it to loosen its ties ... Read More
Egypt, Bahrain sign multiple agreements to boost cooperation
Egypt and Bahrain Thursday inked 13 memorandum of understanding for bilateral cooperation and agreed on 15 initiatives, in many areas, as part of moves to ... Read More
Egypt’s Commercial International Bank gets $150m loan from EBRD to cushion against economic risks
Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction ... Read More
Egypt to sign four deals for car manufacturing
Egypt’s Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies, within a few days to manufacture automobiles in the ... Read More
Six hundred undocumented Egyptians to be deported from Libya
Libya has begun the deportation of 600 undocumented Egyptians who sneaked illegally into the oil-rich African country used as a launch-pad for crossing the Mediterranean ... Read More
AfDB to provide $350m to Egypt before end of 2023
Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million ... Read More
UAE poised to inject more investments in Egypt’s economy
The United Arab Emirates will pump more investments in Egypt across various development sectors, the Gulf country’s minister of Investment Mohammed Al-Suwaidy has told Egyptian ... Read More