Egypt secures $230m in Japanese funding for budget support

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and Japan’s State Minister for Foreign Affairs, Fuji Hisayuki, signed agreements for development financing worth $234m. The agreements, encompassing both grants and concessional loans, aim to support the Egyptian budget, promote private sector growth, improve small-scale farmers’ livelihoods, and…

SCZONE launches Chinese Elite Solar PV plant in TEDA at Ain Sokhna

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), attended the groundbreaking ceremony for the Chinese Elite Solar photovoltaic (PV) factory in the TEDA Egypt industrial development zone, located within the integrated Sokhna Zone under SCZONE. The new facility, with an investment of $150m, will specialize in the…

Pakistan Prime Minister arrives in Cairo for D-8 Summit

Pakistani Prime Minister Muhammad Shehbaz Sharif arrived in Cairo today for an official visit to Egypt, where he will lead Pakistan’s delegation at the 11th Summit of the Developing Eight (D-8) countries. The summit, taking place in Cairo from 18-19 December, is focused on the theme of “Investing in Youth…
Need help? Chat with us