Egypt’s exports of natural and liquefied gas amounted to about $8 billion in the fiscal year 2021/2022, according to a cabinet statement on Sunday. Previously, Finance Minister Mohamed Maait said …
North Africa
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Egypt’s energy sector represents 13% of GDP
The Egyptian energy sector represents 13 percent of the gross domestic product (GDP) positioning as one of the main factors driving economic and social development, according to the Information and …
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Egypt targets digital exports of $5.5B in 2022/23
Egypt aims to raise its digital exports during the current fiscal year 2022/2023 to $5.5 billion, with an annual increase of 13 percent, according to Reuters. The Assistant Minister of …
Egypt is exploring financing financing options that include affordable loans from China and Japan, Finance Minister Mohamed Maait said on Thursday. The North African country is seeking to diversify its …
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, …
- 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 …