العربية

Month: September 2023

Can Carbon Markets Like Egypt’s Help the Environment?

Smoke coming out of factory. Free public domain CC0 photo. Climate change is widely considered the biggest existential threat facing humanity today. Experts worldwide are warning that the failure to take swift action will result in catastrophic outcomes for the planet, its population, and the global economy. Egypt has been…

Egypt to issue new bonds for climate, social goals

The Egyptian Government is planning to launch new bond issuances in the debt markets to support the National Climate Change Strategy 2050, according to a document issued by the Cabinet’s Information and Decision Support Center (IDSC). The document, which Daily News Egypt obtained, said that the Ministry of Finance intends…

UNDP, MBRF launch online learning initiative for Arab countries

The United Nations Development Program (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), in partnership with Coursera, one of the largest online education platforms in the world, announced the launch of the “Future Skills for All” initiative on the sidelines of the 78th session of the UN…

GAFI to grant 45 more golden licences to boost investment

The General Authority for Investment and Free Zones (GAFI) is set to approve 45 more applications for the golden licence in the next few days, after granting 22 such licences since the beginning of the year. The golden license is a special permit that allows investors to establish projects in…

Egypt’s domestic debt reaches EGP 4.67trn in August 2023

The Ministry of Finance reported that the total amount of local treasury bills and bonds issued by the government reached EGP 4.67trn in August 2023, according to its latest report published on its website. The report said that the treasury bills, which are short-term debt instruments, amounted to EGP 2.449trn,…

Egyptian businessmen, Japanese officials discuss cooperation

The Tourism Committee of the Egyptian Businessmen Association held a public symposium with the Japanese ambassador to Cairo, Oka Hiroshi, to discuss developing economic relations between Egypt and Japan and to increase the flow of Japanese tourists following the opening of the direct airline between Cairo and Tokyo. Joint cooperation…

Al-Sisi rejects claims of militarising teachers

Egypt’s President Abdel Fattah Al-Sisi dismissed the allegations of “militarizing civil positions” by requiring applicants for new positions in ministries such as education, finance, transportation, and religious endowments to undergo tests at the military academy. He said that the tests are meant to evaluate and train the candidates for their…