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Egypt targets attracting 30 million tourists by 2028 in light of additional funding for more tourism development projects
At COP28, countries pledged a total of $792 million for loss and damage funding arrangements
Jasoor Fund propels digital transformation and technological advancement across the region
Food prices remained unchanged at 5 percent in March compared to February
The industry attracted $16.6 billion in new investments, with a focus on equity and event-driven hedge fund strategies
Adesina said the devastating African drought demands urgent, collective action to boost support and financing
This represents a key condition for Egypt's $8 billion loan program signed with the IMF
The Managing Director highlighted concerns over the country's property crisis, called for domestic growth strategies
Egypt further plans to sell more state assets, which would reduce the state's role in the economy
The 2024 figure represents a 0.1 percentage point increase from the previous World Economic Outlook report in January
This marks a substantial growth compared to $1.05 billion in the same period in FY 2022/2023
Month-on-month, prices rose by 1.0 percent in March, down from 11.4 percent in February
21 banks will provide loans to small and midsize technology companies at a 1.75 percent interest rate under this program
Georgieva's current term is set to expire in September 2024
The reserves surged by 14.4 percent
Achieving sustainable development and supporting developing countries remains a priority
The fund cements Investopia's position as a global incubator for technology innovation investments, digital trade, and new economy projects
Under the aid package, Egypt will receive a combination of grants and loans over the next three years
The agency also affirmed Egypt's foreign-currency senior unsecured ratings at Caa1
The partnership seeks to foster ties with diverse financial institutions and companies
The funds seek to promote local content development and drive industry impact in line with Vision 2030
The campaign's primary objective is to honor mothers by enabling individuals to make donations in their mothers' names
Formal SMES are key contributors to national income and job creation
Total disbursements reach approximately $40.6 billion under IMF arrangement
