Latest in Tag: funding Highlight
Latest in Tag: funding
GIZ allocating $50m for green building and sustainable community projects: Wehenpohl
German company launching 17 development projects in Egypt, including ones to develop informal areas in Cairo
Japan still considering whether to participate in Egypt’s economic summit: Kagawa
Japanese private sector faces many problems in Egypt, notably accessing foreign currency, says Japanese ambassador

Shoukry warns against sectarian and ethnic conflict during Bahrain summit
Egyptian foreign minister is on two-day trip to the Gulf country to discuss international security in Middle East

Saudi Arabia allocates $350m to Egypt in 3 agreements
The agreements include two electricity stations in Western Damietta and El-Shabab
Carbon Holdings negotiating $400m Emirati investment in Tahrir Petrochemical Complex
UAE may donate shares in the project to Egyptian government

Public banking exemption from Suez Canal certificates ‘necessary’ to maintain liquidity’: Arabiya Online chair
The government’s drive to fund the Suez Canal project through investment certificates is raising fears that private sector banking will be pushed out

Bibliotheca Alexandrina receives EU funding
EU Ambassador tells DNE that “culture is not just for the elite, it is a vector and a dynamic for the future”

US Senate bill allows room for aid to return to Egypt
New legislation gives US president waiver over ‘foreign funding law’ within the context of national security

Gulf investors seek collateral for Egypt investments
Some private sector Gulf investors have said they would not come back to Egypt without collateral to secure their funds, in response to judicial cases raised against their projects following the 2011 ouster of former president Hosni Mubarak.

Decrease in revenues since 25 January pushes the Ministry of Antiquities to think outside the box: Mohamed Ibrahim
Ibrahim said that the Ministry’s revenues decreased by 35% from EGP 1.273bn during the 2009-2010 fiscal year to EGP 772m during the 2010-2011 fiscal year.

Activists file complaint against 76 media entities
“Human rights activists are a source of nuisance for suppressive regimes”

Prosecution denies investigation into WikiLeaks US funding claims
No investigation into 35 activists for receiving foreign funding, says prosecution

US State Department discusses Egypt aid, condemns violence
Decision to suspend military and financial aid still undecided

New draft NGO Law squeezes civil society
By Sahar Aziz and Hany Thabet The executive’s latest draft governing non-governmental organisations (“NGO Law”) is a harbinger of what is to come – a brand of social reform that suppresses independence and plurality in civil society not much different than that state of affairs under Egypt’s deposed former president. Soon after it was released, …

EU allocates €123m to develop Egypt’s transport sector
€40m to build third phase of Cairo Metro
Beltone’s New Dawn conference reinforces government’s vision
Under the auspices of Prime Minister Hisham Qandil, Cairo-based Beltone Financial Holding launched a three-day conference on the future of investment in Egypt, titled New Dawn. The conference aims to provide a platform for discussion presenting delegates from regional and global sovereign funds, investors, and institutions the opportunity to meet the government’s top officials, political …