Financial gap for SDGs in MEASA widens to $5trn annually
The financial gap needed to meet the United Nations’ Sustainable Development Goals (SDGs) in the Middle East, Africa, and Southern Asia (MEASA) region by 2030 has expanded to nearly $5trn annually, according to the third annual report from the Transition
Egypt, UAE’s Tadweer Group sign MoU for waste management, recycling
Egypt’s Minister of Environment, Yasmine Fouad, witnessed the signing of a Memorandum of Understanding between the Waste Management Regulatory Authority and the UAE’s Tadweer Group to explore and develop cooperation and investment opportunities in the waste management and recycling sector
Think Big to expand into Middle East, Arab Gulf
Think Big for Shipping and Logistics plans an ambitious expansion into the Middle East and Arab Gulf regions, building on its previous successes in the United States, Germany, South Africa, and Senegal. Mohamed Kamal, Chairperson of Think Big, stated that
Egypt, UAE discuss cooperation in water resources development
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met Mariam Khalifa Al Kaabi, UAE Ambassador to Cairo, to discuss ways to enhance cooperation in water resources development, on Tuesday. During the meeting, Sweilem stressed the importance of concerted
BRICS leaders convene in Russia for 16th Summit
The 16th BRICS summit kicked off in the Russian city of Kazan on Tuesday with the participation of leaders from 36 countries, including 22 heads of state or government. The three-day event will see discussions on a range of topics,
Saudi Arabia ranks 2nd among Egypt’s trading partners in Q1 2024
The Central Bank of Egypt (CBE) said that the Kingdom of Saudi Arabia ranked second among Egypt’s top trading partners until the end of the first quarter (Q1) of 2024, with trading worth $5.209bn, including $3.871bn imports and$1.338bn exports.
Egypt, UAE seek to boost cooperation between state-owned companies
Egypt’s Minister of Public Enterprises Sector, Mohamed Shimi, met with the UAE Ambassador to Cairo and Permanent Representative to the Arab League, Mariam Khalifa Al Kaabi, and her delegation at the ministry’s headquarters in the New Administrative Capital to discuss
Magnom Properties invests $1bn Forbes International Tower development in Egypt
Magnom Properties, the real estate arm of Rawabi Holding, announced that it is considering launching the Forbes International Tower project in Saudi Arabia and the UAE, with projected investments exceeding $1bn for each location, according to the company’s CEO, Maged
UAE’s ADQ appoints Modon Master Developer for Egypt’s Ras El-Hekma Megaproject
Abu Dhabi-based investment and holding company ADQ has appointed Modon Holding PSC as the master developer for the Ras El-Hekma megaproject, a major development spanning 170 million square metres on Egypt’s northwestern coastline. The appointment was announced in the presence
Egypt’s Ras El-Hekma Megaproject: Modon Holding Secures Key Partners for
Modon Holding PSC, the master developer for the Ras El-Hekma megaproject on Egypt’s Mediterranean coast, has taken a significant step forward by securing key partnerships for the ambitious development. The project, situated on Egypt’s north coast, is envisioned as a