This year’s climate summit in Sharm El Sheikh has a clear vision of moving the issue of climate change from negotiation to implementation. In his opening remarks, President El Sisi named climate change as one of the world’s existential threats and he demonstrated Egypt’s commitment to ensure that COP27 becomes the moment where words are […]
Remittances play a vital socioeconomic role in economies around the world, especially in developing countries where they are the sole source of income for many households. According to the Organization for Economic Co-operation and Development (OECD), “Egypt is the fifth-largest recipient of remittances in the world, reaching USD 26.8 billion in 2019 and nearly 10%
Acquiring $11 billion in funds for the establishment of a petrochemical plant in Egypt is most certainly an uphill battle. However, Carbon Holdings has done exactly that, foreseeing that it will reach financial close and start construction on its Tahrir Petrochemical Complex in the Ain Sokhna Industrial Zone by the end of 2018, managing director
