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GAFI hosts 1st meeting on carbon emissions reduction

The General Authority for Investment and Free Zones (GAFI) held the first meeting of the "Carbon Emissions Reduction" working group at its headquarters, chaired by Deputy CEO Dalia El-Hawary.

Updated 2/26/2025 12:19:00 PM
Signify Egypt wins Global Business Outlook Award for innovation in sustainable lighting solutions

Signify Egypt has been awarded the "Most Innovative Sustainable and Energy-Efficient Lighting Solutions - Egypt 2024" by The Global Business Outlook Magazine.

Updated 2/3/2025 11:53:00 AM
Investment Ministry introduces Arabic OECD Responsible Business Conduct Guidelines

Egypt’s Ministry of Investment and Foreign Trade hosted an extensive meeting to launch the Arabic version of the Guidelines for Multinational Enterprises on Responsible Business Conduct, in cooperation with the Organization for Economic Co-operation and Development (OECD).

Updated 1/16/2025 3:17:00 AM
Environment, Investment ministers review plans to drive sustainable economy

Egypt’s Minister of Environment Yasmine Fouad and Hassan El-Khatib, the Minister of Investment and Foreign Trade, discussed climate investment plans to promote sustainability

Updated 12/25/2024 2:52:00 PM
Schneider Electric, ADCB Egypt launch sustainable projects in Marsa Matrouh

Schneider Electric and Abu Dhabi Commercial Bank Egypt (ADCB) have inaugurated a series of community development projects in Ezbit Abu Shahba, Negila, in Marsa Matrouh Governorate.

Updated 12/12/2024 11:52:00 AM
GAFI wins excellence in sustainability award at International Investment Conference in Riyadh

The General Authority for Investment and Free Zones (GAFI) was honored with the Excellence in Sustainability Award at the 28th International Investment Conference held in Riyadh.

Updated 12/1/2024 11:08:00 AM
Schneider Electric advances toward 2024 sustainability targets with local impact

Schneider Electric, a company focused on energy management and automation, has announced the latest results of its Schneider Sustainability Impact (SSI) program along with its financial performance for the third quarter (Q3) of 2024.

Updated 11/17/2024 12:40:00 PM
Badawi affirms Egypt's commitment to advancing green hydrogen agenda

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi affirmed the country’s commitment to advancing its green hydrogen agenda, highlighting the government’s roadmap for implementing these projects.

Updated 9/30/2024 3:24:00 AM
Egypt's renewable energy capacity set to hit 8,097 MW by summer 2025

Egypt's renewable energy capacity, spanning wind, solar, and hydropower, is expected to increase to 8,097 megawatts by next summer, Minister of Electricity and Renewable Energy Mahmoud Esmat revealed.

Updated 9/18/2024 4:05:00 AM
Egypt's voluntary carbon market sees 14 projects registered

A total of 14 projects have been registered in Egypt's voluntary carbon market, Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Farid announced during a meeting with Prime Minister Mostafa Madbouly.

Updated 9/18/2024 4:05:00 AM
UAE’s BEEAH to invest AED 500M in Egypt’s waste management

The UAE-based BEEAH Group is planning to invest AED 500 million in Egypt’s waste management and the environment and sustainability sector.

Updated 7/21/2024 7:20:00 AM
Al-Mashat applauds graduation of 9 startups under CFA program

Minister of International Cooperation Rania Al-Mashat has witnessed the graduation ceremony of nine startups under the second stage of the Climate Finance Accelerator (CFA) program.

Updated 5/14/2024 8:40:00 AM
IFC acknowledges Grand Egyptian Museum as 1st EDGE Advanced Green Building in MEA

The Grand Egyptian Museum (GEM) has been awarded the EDGE Advanced Green Building Certification by the International Finance Corporation (IFC).

Updated 2/20/2024 7:16:00 AM
Schneider Electric, ADCB-Egypt to finance sustainable projects in Egypt

Schneider Electric and Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt) penned two memoranda of understanding (MoUs) to back sustainable projects in Egypt.

Updated 2/14/2024 12:03:00 PM
ENAP Sipetrol Egypt to invest $70M in 2024 drilling plans

ENAP Sipetrol Egypt will pump investments worth $70 million during 2024, the company’s Chief Executive and Managing Director Denisse Abudinén revealed in a meeting with Minister of Petroleum and Mineral Resources Tarek El-Molla.

Updated 1/30/2024 12:04:00 PM
EIB to finance Egypt’s Sustainable Green Industry project with €135M

The Egyptian Ministry of International Cooperation signed a soft financing agreement worth €135 million with the European Investment Bank (EIB), as well as a €30 million grant from the European Union (EU), to finance the Sustainable Green Industry project.

Updated 1/2/2024 1:26:00 AM
Egyptian Cotton: Between Economic Growth and Sustainability

Egyptian cotton is among the agricultural contributors to the country’s economy, as "12% of Egypt's export earnings come from the textile industry," according to the Egypt Business Directory. Cotton farmed in Egypt is globally known for its high quality, especially long-staple cotton. The government has been increasing the added value of cotton by developing textile and spinning factories, and it is working on ensuring sustainability in cotton cultivation and industries.

Updated 9/18/2023 9:31:00 AM
Contact Financial partakes in New Alamein Festival to support sustainable development, innovation

Contact Financial Holding, formerly Sarwa Capital, is a non-bank financial services provider, changing the way people and businesses access finance and insurance.

Updated 8/22/2023 12:09:00 PM
Mastercard to remove first-use, PVC plastics from payment cards by 2028    

As of January 1st, 2028, all cards certified by Mastercard will be made from sustainable materials, including recycled or bio-sourced plastics such as rPVC, rPET, or PLA.

Updated 4/6/2023 11:28:00 AM
Egypt partakes in Earth Hour

Environment Minister Yasmin Fouad said that Egypt is one of the first Arab countries that participated in the event in 2009, joining 88 countries, 4,000 cities, and 929 famous landmarks around the world that turned off their lights during the Earth Hour.

Updated 3/26/2023 8:43:00 AM