The European Union (EU) is set to disburse €1.5 billion to Egypt this June to support the country’s economic reform objectives, President of the European Commission Ursula von der Leyen said.
Minister of Investment and Foreign Trade Mohamed Farid held a meeting with Leslie Maasdorp, CEO of the British Investment Corporation International (BII), to explore investment cooperation opportunities
British International Investment (BII) has launched its 2026–2030 strategy in Egypt, with total commitments hitting nearly $1.3 billion since 2012
Pickalbatros Group has secured a $200 million loan from the World Bank to support the expansion of its hotel portfolio in Morocco, Chairman Kamel Abou Ali told Asharq Business.
Oil tanker traffic through Egypt’s Suez Canal jumped by nearly one-third in April, as the Strait of Hormuz closure boosted demand for the Red Sea shipping route.
