Planning min.: LE 10B extra funding from 2019/20 budget to curb impact of coronavirus

Mon, 15 Jun 2020 - 01:24 GMT

This came in a report released by the Ministry of Planning and Economic Development on extra funding and budget surplus in the fiscal year 2019/2020.

MSMEDA targets to pump LE 3B in micro-fundings during 2020

Tue, 02 Jun 2020 - 01:25 GMT

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) aims to fund about 200,000 micro-loans during 2020, with a total financing of LE 3 billion.

Microfinance records 47% growth in 2019

Tue, 25 Feb 2020 - 04:18 GMT

Also, the number of beneficiaries grew by 11.8 percent.

ITFC allocates $1.1B in funding for Egypt in 2020

Thu, 06 Feb 2020 - 03:30 GMT

Gamea added in a statement Thursday that $700 million of the funding will go to the energy sector, while $400 million will be for the internal trade.

Agreements worth LE10B signed in Africa 2019

Sat, 23 Nov 2019 - 02:22 GMT

Eleven financial and technical agreements were signed on Saturday.

EIB eager to fund education projects in Egypt

Sat, 23 Nov 2019 - 12:28 GMT

Vice-president of European Investment Bank (EIB) Dario Scannapieco expressed interest in a meeting with Egyptian prime minister.

The future of investment lies in Upper Egypt

Tue, 29 Oct 2019 - 03:30 GMT

Mega projects established in Upper Egypt can be a beacon of hope for smaller ones.

Egypt gets $500M fund from Global Environment Facility: Min.

Wed, 23 Oct 2019 - 04:41 GMT

This funds the implementation of the Egyptian initiative to integrate the three environmental conventions: Biodiversity, desertification and climate change.

EU allocates €1.1B annually for Egypt’s developmental projects

Sun, 15 Sep 2019 - 01:44 GMT

The volume of Egyptian trade with the European Union countries represents about 30 percent of the total volume of its commodity trade with the world.

2019-2023 solid waste recycling executive plan revealed

Tue, 30 Jul 2019 - 01:28 GMT

The plan consists of three main programs.

Prosecution interrogates Ola al-Qaradawi, orders 15-day detention

Mon, 08 Jul 2019 - 03:08 GMT

The charges consist of terrorism funding, affiliation to a terror group, leading an outlawed group, incitement to violence, and undermining the state in lawsuit no.800/2019.

Arab states pledge $100 million monthly to Palestine

Sun, 23 Jun 2019 - 04:05 GMT

The financial contributions of the Arab states can be made through the Arab League’s general secretariat or directly to the Palestinian Finance Ministry.

Libyan parties agree on militias eradication in Cairo

Tue, 18 Jun 2019 - 02:58 GMT

They also expressed no confidence in Fayez al-Sarraj and Ghassan Salama.

38 research projects jointly funded by Cairo University, other establishments

Wed, 12 Jun 2019 - 10:56 GMT

President of the University of Cairo told Egypt Today that the total number of research projects funded jointly by the university and other entities is 38.

Fintech in Egypt: lots of work ahead

Mon, 20 May 2019 - 02:19 GMT

Fintech in Egypt still relies heavily on payments.

Funding Renewable Energy

Sun, 28 Apr 2019 - 12:42 GMT

International funding focuses on utility and small scales

EU funds 2 programs in Egypt by €50M

Tue, 16 Apr 2019 - 10:34 GMT

The European Union Ambassador to Egypt Ivan Serkus pointed out that the EU is committed to supporting Egypt and regional companies to enhance competitiveness, with the ultimate aim of creating jobs in Egypt and the region.

Banks finance SMEs with LE 110B: CBE

Wed, 07 Nov 2018 - 12:20 GMT

LE 2 billion were directed to the Risk Guarantee Company to encourage the financing of emerging projects.

EIB supports Egypt’s Kitchener Drain by ‎€214M

Wed, 17 Oct 2018 - 11:23 GMT

The agreement was signed by Egypt’s Minister of Investment Sahar Nasr and EIB President Werner Hoyer at the headquarters of the EIB in Luxembourg.

World Bank provides Egypt with $3B

Tue, 16 Oct 2018 - 12:30 GMT

Egypt reached a new agreement with the World Bank to have a new finance worth $3 billion during the upcoming months, according to Minister of Investment Sahar Nasr.