Home / Tag Archives: Development

Tag Archives: Development

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 »

Egypt and Norway cooperate on African renewable energy infrastructure

Egypt Today The Sovereign Fund of Egypt, the Norwegian Investment Fund and the Norwegian Scatec Company signed an energy infrastructure development cooperation agreement on Wednesday. The agreement aims to develop renewable energy, green hydrogen and green infrastructure projects in a number of African countries. Egypt and Norway will develop energy …

Read More »

EBRD Egypt launch 2022-2027 country strategy

Doaa Moneim – Ahram Online The Egyptian Ministry of International Cooperation and the European Bank for Reconstruction and Development (EBRD) launched on Sunday the new country strategy for Egypt for the upcoming five years (2022-2027). The plan was revealed at an event organised by the Ministry of International Cooperation in …

Read More »

Transport Ministry partners with Austrian rail companies

Egypt Today Egyptian Minister of Transportation, Kamel al-Wazir, discussed railway development agreements with the representatives of nine Austrian locomotive companies on Tuesday. At the meeting, Plasser & Theurer officials and al-Wazir discussed plans to establish a joint maintenance centre to service rail track maintenance machines supplied by the company. The …

Read More »

Egyptian SMEs benefit from £E3B HSBC ‘Forsa Fund’

Doaa Moneim – Ahram Online HSBC Egypt has launched on Tuesday a new fund called ‘Forsa Fund’ (opportunity finance) worth £E3 Billion, to support Egyptian small and medium size enterprises (SMEs) in the industrial and service sectors. “The fund is designed to help strong Egyptian businesses with bold visions to …

Read More »

Egypt, USAID sign MoU on workforce enhancement

Egypt Independent The Egyptian Ministry of Local Development signed a memorandum of understanding (MoU) with the US Agency for International Development (USAID) on Wednesday to implement the ‘Workforce Improvement and Skills Enhancement (WISE)’ project in the country. “The agreement will create practical prospects on the ground to contribute to the …

Read More »

ITIDA, UNIDO mainstream Industry 4.0 technologies in Egypt

Egypt Today The Egyptian Information Technology Industry Development Agency (ITIDA) took part in the United Nations Industrial Development Organization’s (UNIDO) online webinar “Industry 4.0 in Egypt: Enhancing the Readiness for the Adoption of Industry 4.0” on Wednesday. “Egypt is fully committed to adopting and harnessing Industry 4.0 technologies across all …

Read More »

The merits of desalination

Outlining how desalination can help stave off Egypt’s looming water crisis. Beatrice Maser and Heike Harmgart* For millennia and in most years the Nile has provided enough water to support the people who call its banks their home. But even the world’s longest river has its limits, and they are …

Read More »

The marginalisation of Africa

Branko Milanovic argues African countries are not powerless to influence the global economic debates which marginalise them. Branko Milanovic* Is Africa marginalised in contemporary economics and politics, and in contemporary economic and political research? Impressions gathered over the years and a bit of evidence (much more could be assembled) indicate …

Read More »

€57.7M German development grant to Egypt

Doaa Moneim – Ahram Online Egyptian Minister of International Cooperation Rania al-Mashat signed a development financing agreement grant worth €57.7 Million with the German Ambassador in Cairo Cyrill Jean Nunn on Thursday. The agreement comes within the framework of the 2019 Financial and Technical Cooperation agreements signed between Egypt and …

Read More »