Category Archives: Finance

World Bank Issues Its First ‘Green Loan’ to Vietnam

A division of the World Bank has just made its first so-called “green loan” to a bank in Vietnam, meant for businesses to help with environmental problems in a nation that has one of the world’s highest emissions rates relative …

Marriott International signs agreement to bring its iconic St. Regis Brand to the new adminstrative capital of Egypt with the St. Regis Almasa

Marriott International, Inc. (NASDAQ: MAR) (www.Marriott.com) today announced that it has signed an agreement to open a St. Regis in the New Administrative Capital of Egypt, just outside of Cairo. In the second quarter of this year, The St. Regis …

Sisi follows up development of military production firms, factories

President Abdel Fattah El Sisi has followed up efforts exerted to develop firms and factories affiliated to the Ministry of Military Production.

Sisi on Sunday 26/1/2020 met with Minister of State for Military Production Mohamed el Assar.

Sisi urged to …

Sisi pardons 2,975 prisoners in Police Day

President Abdel Fatah al-Sisi issued a decree on Saturday 25 January 2020, pardoning a number of 2975 prisoners and other 498 on parole on the occasion of National Police Day celebration and the 68th anniversary of the heroic epic of …

Finance minister approves EGP 28 billion

Finance Minister Mohamed Maait approved on Sunday Jan 26,2020 EGP 28.17 billion in urgent financial allocations from the state budget to several state entities covering the period from July to December of the fiscal year 2019/2020.

The allocations include EGP …