Tag: Cairo

Cairo criminal appeal court acquits Uber driver of attempted kidnap of Habiba Al-Shamaa

August 23, 2024

On August 22, 2024, a Cairo criminal appeal court acquitted an Uber driver of attempting to kidnap 24-year-old Habiba Al-Shamaa, who tragically died after jumping ... Read More

World Health Day: tackling urban air pollution top priority for African governments

April 10, 2024

As the world marked World Health Day on 7 April, the World Health Organisation (WHO) has highlighted air pollution — most notably in fast-growing cities ... Read More

EU’s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration

March 19, 2024

The European Union signed a "historic" deal with Egypt on Sunday (17 March) that includes a funding package of 7.4 billion euros and elevating their ... Read More

EU’s Egyptian headache: Brussels readies €7.4bn aid package to help economy, curb migration

March 15, 2024

Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major 'cash for migrant control' pact ... Read More

Saudi, Qatari investors may follow UAE in ‘buying up’ Egypt’s coastline

March 6, 2024

Only days after the announced $35 billion deal with the UAE for the development of Ras al-Hekma on its Mediterranean coast, Egypt is reportedly also ... Read More

Egypt inks ‘historic’ $35bn deal with UAE, hoping to ease dollar squeeze, save economy

February 26, 2024

Egypt and the United Arab Emirates (UAE) have signed a landmark $35 billion investment deal to develop Ras al-Hekma peninsula on the Mediterranean coast that, ... Read More

Egypt’s president warns Cairo won’t allow any threat to Somalia amid dispute with Ethiopia

January 23, 2024

Cairo will stand shoulder to shoulder with Somalia and will not allow any threat to the Horn of Africa country, Egypt’s president has said, referring ... Read More

China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank

August 29, 2023

The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing ... Read More

Cairo-based Banknbox sets up HQ in Egypt

July 31, 2023

Banknbox, a financial technology (fintech) firm based in the Egyptian capital of Cairo, announced the opening of its $10 million regional headquarters in Egypt to ... Read More

Building collapses in Egyptian capital killing 13 people

July 18, 2023

13 people died Monday after a building collapsed in the Egyptian capital Cairo, in a string building disasters. A five-storey building reportedly built without permit ... Read More