Day: December 19, 2023

IFC, the private-sector arm of the World Bank, is injecting $50m into A.P. Moller Capital’s $1bn Emerging Markets Infrastructure Fund II (EMIF II), joining forces with a global consortium to plug critical infrastructure gaps in Asia and Africa.  This strategic investment aims to unlock trade, power economic growth, and tackle…

The festive season is a time of joy, celebration, and creating wonderful memories with loved ones. If you’re looking for the perfect destination to immerse yourself in the Christmas spirit and welcome the new year in style, look no further than the Grand Nile Tower Hotel in Cairo where you…

Egypt received US$8.8 billion in external financing for the government and private sectors in 2023, a decrease of 35.7 percent fro 2022, according to Minister of International Cooperation Rania al-Mashat. During a press conference on Sunday, she added that the current portfolio with development partners currently amounts to $26 billion,…