With an expected growth rate of 30% this year, e-commerce in Egypt is outpacing almost all other economic activity. “E-commerce is the future of trade activity, and it is expected to expand in conjunction with opening more markets around the world,” Sherif Makhlouf, CEO of BOOST for Consultations, a local think tank, told Al Ahram in January. “Ready-made garments, food and electronic devices are the most prominent sectors likely to achieve a boom by the end of 2022.” According to a report by Shopify, a major e-commerce platform, that growth trend is everywhere. “There have never been as many opportunities,”…
Author: Rania Hassan
In the coming years, one of the biggest challenges facing low and middle-income nations will be finding enough funds to finance the increasing number of eco-friendly (green) projects to meet the UN’s 2030 climate ambitions. “With COP27 [the 27th Conference of the Parties] and COP28 both in the Arab world, support for sustainability projects will sharply increase in the region,” Salem Patel, head of asset management for GFH Finance Group, a GCC-based firm, wrote in an April blog post. “Now is an excellent time for investors to harness the opportunities available.” One potent tool used to finance green projects is…