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Women are more environmentally-friendly than men, yet they are the most vulnerable to the consequences of climate change, said the European Institute for Gender Equality (EIGE) in 2020 report.
"Those most vulnerable to the consequences of climate change often tend to be women. This is due partly to (...)
Meta the parent of Facebook, Instagram and WhatsApp is laying off 13 percent of its staff, or more than 11,000 employees through the first quarter of 2023, CEO Mark Zuckerberg informed the employees on Wednesday.
"We are also taking a number of additional steps to become a leaner and more efficient (...)
The International Maritime Organisation's (IMO) Secretary General, Kitack Lim has revealed on Thursday the establishment of a regional office in Egypt to cooperate with the Middle East region.
During a joint press conference with Osama Rabie, Chairman of the Suez Canal Authority (SCA), Lim praised (...)
Egypt's three biggest state-owned banks will sign on Thursday at the UN climate summit COP27 a joint agreement with the French Development Agency (AFD) and the European Union for financing climate-related projects led by MSMEs.
In line with Egypt's 2030 vision, the National Bank of Egypt (NBE), (...)
Egypt's annual inflation rate witnessed successive increase of 16.2 percent in October from 15 percent last month, according to the state-run statistics agency CAPMAS said on Thursday.
This increase has underlined the impact of the Russian-Ukrainian war as the dollar rose against the local (...)
Egypt's stock exchange (EGX) has launched on Wednesday during the COP27 climate summit taking place in Sharm El-Sheikh the first African voluntary carbon market.
The market will boost "financing African climate projects to achieve net zero", the EGX said in a tweet.
Egyptian Minister of Planning (...)
During the UN climate summit COP27 taking place in Sharm El-Sheikh, the World Bank launched on Tuesday the Country Climate and Development Report (CCDR) for Egypt.
The report provides recommendations on how the North African country can attain its development goals while mitigating and/or adapting (...)
UK Foreign Secretary James Cleverly has said on Tuesday that his country would provide £200 million ($2.29 million) to the African Development Bank's (AfDB) Climate Action Window. The money will go for helping vulnerable countries adapt to the impacts of climate change "from severe drought in the (...)
Egypt's Information Technology Industry Development Agency (ITIDA) views that the digital skills gap which is widening fast, especially in the Nordic and Scandinavian regions represents a unique opportunity for Egypt.
The ongoing lack of tech talent holds huge potential for the local IT companies (...)
Egypt's Ministry of International Cooperation has revealed on Tuesday that it has secured development loans and grants of $2.24 billion to implement sustainable projects, during the climate summit COP27.
This step came in light of multilateral cooperation efforts to support the country's (...)
Saudi ACWA Power Company has signed on Monday a preliminary agreement with Oman Investment Authority (OIA) to explore bringing the sovereign wealth fund on as an investor for the 1.1 GW Suez Wind Energy project in Egypt.
The memorandum of understanding was signed at the UN climate summit COP27 (...)
Venezuela's President Nicolás Maduro has delivered strong words on Tuesday at the UN climate summit COP27, saying climate breakdown seems world's fatal destiny.
"The planet had given us all we needed for life generously yet today we are having to pay this great toil because of our actions. Today (...)
World Bank president David Malpass is set to unveil on Tuesday a fund aimed at helping developing countries to cope with climate change.
It's "a big trust fund" called SCALE, Malpass told Bloomberg TV in an interview on the sidelines of the UN climate summit COP27 taking place in the Egyptian Red (...)
Greece wants to become a net exporter of green power to the rest of Europe, Prime Minister Kyriakos Mitsotakis said at the UN climate summit (COP27) in Egypt's Sharm El-Sheikh on Tuesday.
Mitsotakis further explained that his country is backing a plan to build cables that will bring green power to (...)
Egypt and the United Arab Emirates have agreed on Tuesday to develop 10-gigawatt (GW) onshore wind project in a deal struck on the sidelines of the UN climate conference COP27 in Sharm El Sheikh.
The project will produce 47,790 GWh of clean energy annually once it is completed and offset 23.8 (...)
Egypt's President Abdel Fattah al-Sisi said the world has faced severe climatic events over the past years such as forest plows, torrential rains and floods, which have left huge economic losses.
al-Sisi's remark came during his participation in the Heads of State Summit for the launch of the (...)
Egypt's green hydrogen production project will be opened on Tuesday during the 27th UN climate change summit (COP27), which has inaugurated by the Egyptian President Abdel Fattah al-Sisi on Monday.
It will be the first project in Ain Sokhna region for green hydrogen production, as it was (...)
Egyptian President Abdel Fattah al-Sisi called on world leaders to take immediate action to confront and find solutions for the Russian-Ukrainian crisis and stop the war, according to his speech at COP27.
He further pointed out that the world has suffered from corona crisis over the past years, and (...)
UAE's President Sheikh Mohammed bin Zayed al-Nahyan said on Monday at COP27 summit in Egypt that his country will remain a supplier of oil and gas for "as long as the world is in need."
"The UAE is considered a responsible supplier of energy and it will continue playing this role for as long as the (...)
Philip Morris Holland Holdings, an affiliate of Philip Morris International Inc. (PMI), a New York-based to***co company, announced on Monday completion of the offer to the shareholders of Swedish Match AB. This follows its decision to waive the acceptance level condition and to acquire all shares (...)
President Abdel Fattah al-Sisi and United Nations Secretary General Antonio Guterres have received on Monday the leaders who are participating in COP27 climate summit.
The activities of the Global Climate Summit will be launched in Sharm El Sheikh, with attendance of 120 world leaders, heads of (...)
Egypt's Prime Minister Moustafa Madbouly launched on Sunday the first edition of Climate Horizons Magazine, which issued by Egyptian Cabinet's Information and Decision Support Center (IDSC).
This came on the occasion of Egypt's hosting the UN climate conference COP27 in Sharm El Sheikh, as it comes (...)
Africa represents a good opportunity to review the issue of negative repercussions on the continent, although it contributes only four percent of the world emissions, Egypt's Prime Minister Moustafa Madbouly said.
This remark came during Madbouly's inauguration of the Green Zone with the current (...)
Egyptian Cabinet's Information and Decision Support Center (IDSC) has launched on Sunday an online platform entitled Green Map of Egypt to review state's efforts to counter climate change.
The new platform coincides with the launching of UN climate conference (COP27) hosted by Egypt, which kicks (...)
EgyptAir uses the first Sustainable Aviation Fuel's (SAF) flight which arrived on Saturday at Sharm El Sheikh International Airport coming from Paris with number of participants to attend the UN Climate Change Conference (COP27).
"A commercial flight of Boeing B787-9 Dreamliner is operating today (...)
The 27th UN Climate Change Conference (COP27) will kick off on Sunday, with world leaders arriving in Egypt to attend.
The climate event will see the world's most powerful heads of state gather in an attempt to work together to find solutions to the climate crisis, with last year's held in (...)
Egypt has lit up Khafre Pyramid in green ahead of the 27th UN Climate Change Conference (COP27) in the Red Sea resort of Sharm El Sheikh that will kick off Sunday.
Khafre Pyramid is one of the three great ancient pyramids of Giza that date back 4,500 years.
Egypt is taking over this year the COP (...)
Exlnt Communications, part of the United Media Services (UMS), announced on Thursday it has joined the Race to Zero Campaign, becoming the first PR agency in Egypt and the Middle East to join the UN-backed global initiative.
The announcement coincides with Egypt's hosting of the UN climate summit (...)
Israeli Prime Minister Yair Lapid will not attend the UN climate summit COP27 in Egypt next week, his office said in a statement on Wednesday.
The cancelation came after Lapid lost in the vote counting in the 25th Knesset elections for his predecessor Benjamin Netanyahu. After the election results (...)
The European Bank for Reconstruction and Development (EBRD) is heading to the UN climate conference COP27 in Egypt on November 6-18, with ambitious plans to ratchet up its pioneering climate work across the regions where it works.
EBRD President Odile Renaud-Basso, will be leading the bank's (...)
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