The new loan - aka Private Sector Development and Economic Diversification Support Program, Phase 1 - will “promote private sector development and economic diversification,” AfDB explained in a statement
Saad also added that the SCZONE attracted investments worth $1.3 billion in the first four months of the current FY23/24
The EIB’s choice to establish its new headquarters in Egypt reflects its confidence in the robust relations between the country and its EU partners
Egypt is looking to further diversify and aims to issue additional green, sustainable, and low-cost financing packages to provide financing for state projects to improve citizen's lives
A Saudi delegation, led by Saudi Trade Minister Majid bin Abdullah Al Qasabi, will arrive tomorrow for the forum to facilitate investments and trade opportunities between the two countries