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
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
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 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’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 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
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
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 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
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
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
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
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
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
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
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
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
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