Funding

Egyptian president endorses €250M funding by AFD to Abou Kir Metro in Alexandria

Wed, 26 Apr 2023 - 01:50 GMT

President Abdel Fatah al-Sisi ratified Wednesday the agreement between Egypt and the French Development Agency (AFD) on financing the establishment of Abou Kir Metro in Alexandria.

Egypt hosts 1st official meeting of UNFCCC's Transitional Committee in Luxor

Mon, 27 Mar 2023 - 02:33 GMT

The committee is concerned with financing arrangements pertaining to loss and damage through the fund founded during COP 27 to fulfill that purpose.

Egypt, IFC, EBRD sign cooperation agreement on desalination projects

Thu, 23 Mar 2023 - 09:56 GMT

Minister of Planning and Economic Development and Chairwoman of The Sovereign Fund of Egypt (TSFE) Hala El-Said attended Wednesday the signing ceremony.

COP 27 president sheds light on pledges of funding climate action with $100B per annum

Tue, 21 Mar 2023 - 01:31 GMT

Minister of Foreign Affairs and COP 27 President Sameh Shokry co-chaired Monday the Copenhagen Climate Ministerial Meeting.

Ministers of intl. cooperation, irrigation hold meeting on 'NWFE' projects, ongoing portfolio of water sector

Thu, 12 Jan 2023 - 02:30 GMT

The ongoing portfolio of development cooperation for projects affiliated with the Ministry of Water Resources and Irrigation amounts to $668 million.

Agreement to fund renewable energy projects with $1.1B signed

Wed, 30 Nov 2022 - 05:42 GMT

Those will be built by the UAE's AMEA Power.

Egypt signs concessional development funding worth $2.24B

Wed, 09 Nov 2022 - 06:38 GMT

This came in the light of multilateral cooperation efforts to support the State's development vision.

Climate funding tops opening session of COP 27 as developing countries struggle

Mon, 07 Nov 2022 - 01:56 GMT

Chair of the African Union (AU) and President of Senegal Macky Sall said Monday most adaptation projects in Africa are funded through loans.

Egyptian president meets IMF managing director on sidelines of COP 27

Sun, 06 Nov 2022 - 01:27 GMT

The meeting was attended by Egypt's prime minister, governor of the central bank, and the ministers of planning, finance, and international cooperation.

Egypt's COP 27 president-designate asserts salience of funding for climate mitigation, adaptation in Africa

Tue, 02 Aug 2022 - 11:35 GMT

That was during a recorded speech at a roundtable on climate initiatives in Africa.

COP 27 Egyptian presidency, UN launch initiative to catalyze investments for climate projects

Sun, 31 Jul 2022 - 01:24 GMT

The Egyptian initiative includes holding five major regional roundtables.

LE40B disbursed to 1.6M MSMEs in Egypt since 2014

Sun, 26 Jun 2022 - 03:33 GMT

Gamea noted that those entities created 2.5 million jobs.

Egypt's FM holds talks with African Group of Negotiators on Climate Change

Wed, 08 Jun 2022 - 02:02 GMT

Minister of Foreign Affairs and President Designate of COP 27 Sameh Shokry met Wednesday the African Group of Negotiators on Climate Change (AGN).

COP27 Champion says approach to climate change mitigation, adaptation not fair

Mon, 23 May 2022 - 11:49 GMT

The COP 27 Champion pointed out that Africa’s contribution in emissions is just 3-4%.

‘U.S remains Egypt’s reliable and long-term partner’: Chargé D’Affaires in Cairo

Mon, 23 May 2022 - 11:43 GMT

Chargé D’Affaires at the U.S. Embassy in Cairo Nicole Shampaine stated Sunday that the United States had invested $80 billion in Egypt over the years

Egypt’s Finance Minister calls on developed countries to help alleviate debt burden for developing states

Mon, 23 May 2022 - 10:55 GMT

The minister presented some features of Egypt’s policies to face global economic crisis.

Egypt formulates gender-sensitive sustainable development plan: Planning Minister

Mon, 23 May 2022 - 10:49 GMT

In addition, a mechanism is being devised to fund developmental projects in governorates by identifying developmental gaps in each, Said revealed.

Get acquainted with the international partners funding projects of Egypt’s National Strategy for Climate Change

Sun, 22 May 2022 - 04:45 GMT

UN Resident Coordinator in Egypt Elena Panova spoke to Egypt Today, saying "we are capable of bringing partners together and leverage of expertise so these partners can work together."

Egypt, representing 108 countries, proposes solutions on funding peace-building at UN Security Council

Thu, 28 Apr 2022 - 02:37 GMT

Those are African and European countries as well as some Asian, North American, South American and Caribbean countries.

Norway's Scatec ASA to issue green bonds worth $334.5M to refund projects at Egypt's Benban Solar Park

Thu, 28 Apr 2022 - 10:15 GMT

The duration of those bonds is 19 years.

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