EU to mobilise up to €25bn for renewables, clean tech by 2035 through Pact for Mediterranean
The European Union (EU) has unveiled an ambitious new initiative aimed at accelerating the green energy transition across the Mediterranean region, with plans to mobilise up to €25bn in investments by 2035. The initiative, known as the Trans-Mediterranean Renewable Energy
Egypt’s economic trajectory reassuring and balanced, finance minister says
Egypt’s economic trajectory is “reassuring” and maintains a strict balance between stimulating production and exports while ensuring fiscal discipline, Minister of Finance Ahmed Kouchouk said. Speaking at a new round of the Egyptian-European economic dialogue in Cairo, Kouchouk said the
EU approves Egyptian farmed fish and crustacean exports
Egypt has been added to the list of countries authorised to export aquaculture products to the European Union for the first time, the National Food Safety Authority (NFSA) announced. The authorisation, which covers finfish, their products, and crustaceans, follows Egypt’s
Al-Sisi, Finland’s president hold talks on economic co-operation, regional developments
Egypt’s President Abdel Fattah Al-Sisi and Finland’s President Alexander Stubb discussed ways to strengthen economic and investment co-operation, alongside key regional developments, particularly in the Middle East, according to the Egyptian presidency. In a Tuesday statement, the presidency said Al-Sisi
EU to disburse €1bn to Egypt on Thursday under Macro-Financial Assistance mechanism
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
EU to disburse €1bn to Egypt as Al-Sisi, Kallas reaffirm strategic partnership
The European Union will disburse €1bn in macro-financial assistance to Egypt to support its economy and reform agenda, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said, stressing that Egypt “is and will remain a strategic partner”
Egypt, Bulgaria sign protocol to expand economic ties across 19 sectors
Egypt and Bulgaria have signed a protocol to strengthen cooperation across 19 strategic sectors, including renewable energy, industry, and investment, aiming to bolster economic relations ahead of the centenary of diplomatic ties between the two nations. The agreement was finalised
Egypt, EU launch Research, Innovation Week to mark 20 years of cooperation
Egypt and the European Union inaugurated the “Egypt–EU Research and Innovation Week” on Sunday to celebrate the 20th anniversary of their science and technology cooperation agreement, with senior ministers and EU officials highlighting the role of research partnerships in addressing
Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza
The UN Security Council on Monday adopted a US-drafted resolution endorsing President Donald Trump’s plan to halt the war in the Gaza Strip, including the deployment of an international stabilization force to uphold the ceasefire agreement reached last October. The
EU warns China’s rare earth curbs are a ‘great risk’, weighs response
European Commission President Ursula von der Leyen has warned that China’s tightening of export restrictions on rare earth metals and battery materials poses a “great risk” to Europe and said Brussels is considering all options in response, including coordinating with