With government relocated, Egypt set to unveil overhaul of downtown Cairo
Cairo, Egypt Reuters Egypt’s sovereign wealth fund is finalising a masterplan to revamp Cairo’s historic centre now that government ministries have largely moved to a new capital to the east, and hopes to break ground on the project within months, its chief executive said. The area, modelled on Paris in the 1860s, is filled with […]
External backers pour billions into Ukraine to counter war damage
Kyiv, Ukraine/London, UK Reuters Pictures of devastation in Ukraine following Russia’s invasion have sparked urgent questions over how its reconstruction can be paid for. But before they can even begin to be answered, Kyiv is seeking billions just to ride out this year. After a 30 per cent contraction in its economy in 2022, Ukraine […]