Climate finance must be fairer for emerging economies: Finance Minister

Ahmed Kouchouk, Minister of Finance, stated that climate finance must become fairer for emerging economies and more closely aligned with national development priorities. He said Egypt supports expanding the use of guarantees, blended-risk structures, and hedging instruments to unlock private capital. He added that Egypt also backs the re-channelling of…

Gold in Egypt posts 2.3% weekly gain amid global volatility

Chairperson of the Gold and Precious Metals Division at the Federation of Egyptian Industries, Ehab Wassef, highlighted sharp fluctuations in the local gold market throughout the past week. He explained that although gold prices recorded notable gains in recent days, the metal gave up a significant portion of these increases…

ADCB launches ClimaTech Accelerator 2025

Abu Dhabi Commercial Bank (ADCB) has renewed its strategic partnership with the NilePreneurs Initiative, affiliated with Nile University, to launch the third edition of the ClimaTech Accelerator 2025—a specialized programme designed to support startups and SMEs in the environmental and climate technology sectors. This year’s edition focuses on advancing the…