Egypt signs Gabal El-Zeit wind farm agreement
Prime Minister Moustafa Madbouly witnessed the signing of investment, operation, and power purchase agreements for the 580-megawatt Gabal El-Zeit wind power plant on Tuesday. The agreement, signed by Egypt’s […]
Egypt reaffirms private sector-led growth model in talks with EBRD
Egypt’s FM Badr Abdelatty meets with Odile Renaud Basso, President of the European Bank for Reconstruction and Development (EBRD) on the sidelines of EBRD’s 35th Annual Meeting in Riga, Latvia. […]
Korra Energi revises private placement coverage to 3.02 times after final review
Korra Energi has issued a correction regarding the coverage of its private placement in the Egyptian Exchange offering, revising the ratio to 3.02 times, down from a previously announced 5.7 […]
EGX ends session in green as small- and mid-caps outperform blue chips
The Egyptian Exchange (EGX) ended Thursday’s trading session on a broadly positive note, with all major indices closing higher, supported by strong buying from Egyptian investors and selective momentum in […]
Egypt, Japan discuss cooperation on Cairo airport, metro line 4 development
Egypt looks to enhance cooperation with the Japan International Cooperation Agency (JICA) to develop Cairo International Airport and Cairo Metro line four, the foreign minister said on Thursday. The planned development […]
Egypt condemns Iran strikes on Bahrain, Kuwait after attacks kill one
Egypt condemned the Iranian attacks on both Kuwait and Bahrain on Wednesday, calling them a “dangerous escalation” that endangers the Arab Gulf security and stability. In separate statements, the Egyptian […]
Egypt seeks continued Japanese JBIC support for Samurai bond issuance
Egypt is seeking continued Japanese support for Samurai bond issuance and deeper economic cooperation with Japan, Foreign Minister Badr Abdelatty said during talks in Tokyo on Wednesday. Abdelatty met Nobumitsu […]
Egypt, China extend currency swap deal for three more years
Egypt and China have extended their currency swap agreement for another three years, according to Reuters. The renewed agreement has been increased to 30 billion yuan, equivalent to around $4.43 […]
Egypt, Green Climate Fund launch infrastructure partnership
Egypt initiated coordination with the Green Climate Fund’s (GCF) new regional office in the Ivory Coast on Monday to maximize its share of regional climate programs and strengthen continental defenses […]
Egypt condemns Iranian attacks on Kuwait
Egypt strongly condemned the repeated Iranian attacks targeting Kuwait on Monday, labeling them a “flagrant violation” of Kuwaiti sovereignty and a dangerous escalation threatening Gulf security. In a Monday statement, […]