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Egypt is scheduled to receive a €1bn disbursement from the European Union this coming Thursday under the Macro-Financial Assistance (MFA) budget support mechanism, according to Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat. The payment follows the government’s

Prime Minister Mostafa Madbouly witnessed, on Monday, the signing of preliminary financing agreements for the Energy Valley sustainable energy project, with investments approaching $1.8bn, on the sidelines of the inauguration of the first phase of the Obelisk Solar Power Project

Egypt’s Ministry of Local Development and the Central Agency for Organisation and Administration (CAOA) have agreed to establish an organisational structure for rural local units for the first time, Minister Manal Awad said on Monday. The agreement aims to create

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