This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Tag: Cairo
EU’s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration
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
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
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
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
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
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
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
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
India’s leader N. Modi expected in Cairo Saturday for an official visit
India’s leader Narendra Modi will visit Egypt Saturday – his first- and looks forward to advancing partnership between the two countries. Modi’s visit follows that ... Read More
EgyptAir unveils Manchester, New Delhi routes
Egypt’s national carrier EgyptAir has added new routes serving India and the United Kingdom, namely Cairo to Manchester and Cairo to New Delhi. The Manchester-bound ... Read More