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Egypt’s manufacturing index slumps 11.4% in April – CAPMAS
Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, dropped by…
NBE, IFC ink cooperation agreement on funding solar-powered water pumps
The National Bank of Egypt (NBE) and the International Finance Corporation (IFC) signed on a cooperation agreement…
Nevine Gamea to remain CEO of MSMEDA for another year
Prime Minister Mostafa Madbouli, issued Tuesday a decree to renew confidence in Nevin Gamea, Minister of Trade and…
Egypt’s FX reserves rise for the first time since February, CBE
Foreign reserves increased slightly in June, rising to USD 38.2 bn from USD 36 bn in May after three consecutive…
Egypt needs to invest in the economy recovery to improve labor market: Bloomberg
While the economy outlook is improving as covid-19 restrictions are lifted, policymakers need to “translate” these…
Egypt’s tourism investments likely to fall 28.8% in FY2020/21 – minister
Egyptian tourism sector's investments are expected to fall to 5.2 billion Egyptian pounds ($324.8 million) within…
1,057 new coronavirus cases in Egypt Tuesday – health ministry
Egypt recorded 1,057 new coronavirus cases on Tuesday, bringing the total infection tally to 77,279 since the…
Farwell to 74-year old Egyptian military production minister El-Assar
Yesterday marks the death of the Egyptian Minister of State for Military Production Mohamed El-Assar at the age of…
Insurance companies’ investments in Egypt’s T-bills fall 1% April-end
The total investments of insurance companies operating in the Egyptian government’s treasury bills fell one percent…
4 Egyptian insurers vying to cover Port Said Container’s assets
Four Egyptian insurance companies are competing to win an insurance policy tender to cover assets and equipment of…