Egypt Today The Egyptian Cabinet revealed on Tuesday, that the country recently advanced to the 48th rank in the indicators of political empowerment of women in a global report on gender gap. “Egypt has reached its best level of progress in empowering women in a decade. In 2021, Egypt ranked …
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EBRD-led consortium acquires Egyptian non-banking services provider GlobalCorp
Doaa Moneim – Ahram Online “A consortium of investors comprising of Amethis, the European Bank for Reconstruction and Development (EBRD) and SPE Capital have acquired a majority stake in Egypt-based GlobalCorp, a non-banking financial services provider”, the parties announced in a joint statement on Tuesday. Established in 2015, GlobalCorp is …
Read More »Egypt reactivates cooperation frameworks with Morocco
Ahram Online Egyptian Foreign Minister Sameh Shoukry and his Moroccan counterpart Nasser Bourita agreed to promote bilateral cooperation at a meeting in Rabat on Monday. The two parties discussed reactivating all cooperation frameworks ahead of the higher Egyptian-Moroccan Committee meetings. At the meeting, Shoukry reaffirmed the Egyptian support for the …
Read More »The long shadow of market fundamentalism
In the dusk of neoliberalism, a new narrative is needed to untangle the moral and political trade-offs of our times. Piergiuseppe Fortunato* On May 4th 1979, Margaret Thatcher entered 10 Downing Street in London as a British prime minister. The time had finally come to put into practice her political …
Read More »Gold prices down in Egypt amid uncertain economic outlook
Ahram Online Gold prices in the Egyptian market fell on Monday, amid growing uncertainty cast by an expected rise in the US dollar price and the Russian war in Ukraine repercussions. At the end of Monday’s trading, the price of 21 karat gold declined to £E1,180/ gram, a fall of …
Read More »Egypt sign €138M development grant agreements with EU
Doaa Moneim – Ahram Online Egypt and the European Union (EU) delegation in Egypt signed number of development finance agreements worth €138 Million on Monday. The development agreements cover administrative reform, healthcare, environment, rural and social development along with governance enhancements. The signing took place at a ceremony hosted by …
Read More »Lebanon secures $150M World Bank food security loan
Ahram Online “The World Bank approved a $150 Million food security soft loan to stabilise prices in Lebanon in the coming months”, the Lebanese Economy Minister Amin Salam revealed on Monday. Salam told reporters that “the loan features a very low-interest rate”, but he did not specify the rate. He …
Read More »Sisi discuss counterterrorism with US CENTCOM commander
Egypt Today President Abdel Fattah al-Sisi held military and security cooperation discussions with Lt. Gen. Michael E. Corella, the commander of US Central Command in the Middle East (CENTCOM) on Monday. “The meeting tackled cooperation in counterterrorism, joint training programs, border security and the latest developments in the region, especially …
Read More »FAO and Egyptian Food Bank launch ‘food waste awareness’ campaign
Ahram Online The UN Food and Agriculture Organisation (FAO) office in Egypt launched a food waste reduction campaign in partnership with the Egyptian Food Bank. The FAO website published, “The campaign aims to raise awareness on the issue of food waste in Egypt, comes in the light of the Egyptian …
Read More »Egypt proposes cross-regional peacebuilding financial solutions at UNGA
Egypt Independent Egypt delivered a cross-regional joint statement, representing 108 countries on peacebuilding financial solutions at a United Nations General Assembly session on Wednesday. Under the proposal, Egypt represents all members of the African group, the European Union (EU), several Asian, North and South American and Caribbean countries. The Egyptian …
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