Booking.com, a Dutch online travel agency for lodging reservations & other travel products, announced Wednesday the stoppage of supporting the Egyptian pound starting from Thursday, Sept. 22. This announcement means …
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As COP27 looms, Africa receives a 10th of climate financing it needs
As the international climate community prepares for COP27 in Sharm el-Sheikh, Egypt, new analysis shows just how far off their host continent is in terms of attracting the finance it …
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Morocco’s Research Institute for Solar Energy and New Energies (IRESEN) announced on Wednesday that it “successfully completed” the installation of its first micro-pilot green hydrogen production system. The pilot project …
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Morocco’s Clothing Exports to European Union witnesses 33.4% in the half of 2022
A new report shows that Moroccan clothing exports to the European Union (EU) climbed by 33.4% in the first half of 2022, reaching 1.5 billion euros ($1.6 billion). The report, …
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EconomyFinance & ServicesMorrocco
United State Listed Morocco Among Financially Transparent Countries
Morocco meets the minimum requirements for financial transparency, according to a report from the US State Department. Released on Friday, the report assesses 141 countries in terms of financial transparency …
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EBRD supports green economy in Egypt with a $100M loan for SMEs
The European Bank for Reconstruction and Development (EBRD) has supported the green economy in Egypt with a $100m loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs). This …
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valU, PayTabs Egypt partners with notchnco to unlock WhatsApp shopping experience
valU, a subsidiary of EFG Hermes Holding (HRHO), and PayTabs Egypt has entered into a strategic partnership with notchnco to unlock an outstanding WhatsApp shopping experience for valU’s clients. Through this collaboration, …
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Egypt Prepares for Flagship United Nations (UN) Climate Conference
Regional authorities in Egypt, the host country of the 2022 UN climate conference (COP27), are ramping up initiatives designed to improve the country’s environmental credentials, and speed up its transition …
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Egypt set to resume government IPO program
The Egyptian government is preparing to relaunch the initial public offerings (IPOs) program to offer state-owned companies on the Egyptian Exchange (EGX) said Minister of Finance Mohamed Maait. This announcement …
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Saudi firm to build $3.5B green ammonia facility in Egypt
A Saudi company, Alfanar has signed an agreement with a consortium of Egyptian companies to build a $3.5 billion green ammonia plant plant in Egypt. The Egyptian side of the …