Tags Result

Egypt to secure €200M for new power line project in Gabal El-Zeit

Egypt is finalizing negotiations with the European Union (EU) and the European Bank for Reconstruction and Development (EBRD) to secure up to €200 million for launching a new power line in the Gabal El-Zeit area.

Updated 2/9/2025 10:31:00 AM
Egypt, Spain ink €1.4M grant for Cairo Metro Line 1 extension study

Egyptian Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat signed a €1.4 million grant agreement with Spain's Economic and Commercial Advisor in Egypt, Eduardo Soriano, to fund an initial feasibility study for extending the Cairo Metro’s first line from New El-Marg to Shubra El-Kheima.

Updated 2/5/2025 1:41:00 AM
El-Sisi approves AfDB’s $2M grant for VICMED project

Egyptian President Abdel Fattah El-Sisi issued Decree No. 371 of 2024, approving $2 million grant agreement provided by the African Development Bank (AfDB)

Updated 1/30/2025 1:01:00 AM
Egypt, Germany seal €77.3M agreements to back development sectors

Egypt and Germany have signed agreements worth €77.3 million to support various development sectors, according to a statement by the Egyptian Ministry of Planning, Economic Development, and International Cooperation.

Updated 12/16/2024 1:56:00 AM
Egypt approves €1B macroeconomic support deal with EU

Egypt’s House of Representatives has approved a €1 billion memorandum of understanding (MoU) signed between the government and the European Union (EU) to bolster macroeconomic and budget support.

Updated 12/3/2024 9:00:00 AM
Egypt, South Korea sign $8M agreement to support educational-industrial project

Egypt has signed letters of exchange valued at $8 million with South Korea for the second phase of the "Enhancing Educational Capacities and Linking University to Industry" project at Beni Suef Technological University.

Updated 11/20/2024 11:49:00 AM
Egypt secures €11M in EU grants to support child protection, vaccine manufacturing

The Egyptian House of Representatives has approved two grant agreements totaling €11 million from the European Union (EU), aimed at bolstering child protection systems and enhancing vaccine and medicine manufacturing in Egypt.

Updated 10/23/2024 3:21:00 AM
Parliament ratifies grant from US to enhance economic governance

The House of Representatives has approved the fourth amendment to the comprehensive economic governance grant agreement between Egypt and the US.

Updated 10/9/2024 8:54:00 AM
Germany’s PtX Fund, SCATEC seal €30M grant for green hydrogen project in Egypt

Germany’s Power-to-X (PtX) Development Fund has inked a grant agreement worth €30 million with SCATEC for a green hydrogen project in Egypt.

Updated 10/8/2024 12:13:00 PM
Parliament ratifies 2 grants to boost sustainable green energy sources

The House of Representatives has approved two grant agreements to drive economic development in the field of ecosystems and boost sustainable green energy sources, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat stated.

Updated 10/8/2024 1:05:00 AM
European mission in Cairo prepares for $2.9B development funding release

A European technical mission is currently visiting Cairo to conduct a review in preparation for the release of a $2.9 billion development funding.

Updated 10/3/2024 2:10:00 AM
Egypt seals $130M USAID development grant agreements

Minister of International Cooperation Rania Al-Mashat has signed eight non-refundable development grant agreements worth $130 million from the US Agency for International Development (USAID) with the US Ambassador to Egypt Herro Mustafa Garg.

Updated 6/23/2024 7:25:00 AM
Parliament greenlights $61.7M USAID grants for strategic fields in Egypt

The Egyptian House of Representatives has approved four grant agreements worth $61.7 million between the Ministry of International Cooperation and the US Agency for International Development (USAID) in strategic fields of top priorities in Egypt.

Updated 3/21/2024 12:30:00 PM
Parliament approves 4 USAID grants for Egypt's development

The House of Representatives has given final approval to four grant agreements signed with United States Agency for International Development (USAID) for enhancing various sectors in Egypt.

Updated 3/20/2024 8:19:00 AM
Parliament ratifies €80.5M grants from Germany, EIB for development projects

The Egyptian House of Representatives has approved non-refundable grants worth €80.5 million from Germany and the European Investment Bank (EIB) to implement several development projects.

Updated 2/27/2024 7:16:00 AM
Parliament approves €56.7M grant from AFD for wheat silos

The Egyptian House of Representatives has approved the presidential decree endorsing a €56.743 million grant from the French Development Agency (AFD) to develop the storage capacities of wheat silos.

Updated 1/30/2024 12:01:00 PM
El-Sisi ratifies increase to EBRD’s technical assistance grant for Cairo Metro line 1

The Egyptian President Abdel Fattah El-Sisi has issued a resolution approving increasing the technical assessment grant funded by the European Bank for Reconstruction and Development (EBRD) and directed toward Cairo Metro line 1 by €351,000.

Updated 8/24/2023 12:12:00 PM
WFP approves $431M grant for Egypt’s 5-year country strategic plan

The UN World Food Programme (WFP) executive board has approved a $431 million grant for Egypt’s country strategic plan (CSP) 2023-2028.

Updated 7/4/2023 8:27:00 AM