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CBE introduces new amendments on tourism workers support initiative
The Central Bank of Egypt (CBE) amends to its recently-launched tourism support initiative which provide aid to the…
Misr Insurance wins mandate to cover assets of refinery using vegetable oils – official
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover the assets and facilities of a…
Construction firms receive 50 bln pounds dues in FY2019/20 – Egypt’s EFCBC
A number of construction firms operating in Egypt have received financial dues worth 50 billion Egyptian pounds…
Egypt puts state-companies stake sales on ice due to “unfavourable” market: minister
Egypt has shelved its plan to sell stakes in state-owned companies due to the “unfavorable” market conditions…
Egypt unravels new goldmine in Eastern Desert with more than 1M ounces
Egypt discovered new goldmine in the Eastern Desert, with reserves estimated at more than one million ounces of…
Egypt’s steel, iron, cement exports decline 41.4% in 5 months
Egypt’s exports of iron, steel, and cement decreased 41.1 percent in the first five months 2020 to record $254…
Egypt’s chemical industries make up $60bn annually
The annual production of the Egyptian chemical industries recorded about $60bn, according to Khaled Abu Al-Makarem,…
Egypt’s trade balance deficit falls 45% in April – CAPMAS
Egypt’s trade balance deficit declined 45 percent to $2.36 billion in April from $4.28 billion last year, the…
Egypt to receive first tranche of IMF loan soon – c.bank
Egypt will receive the first part of the International Monetary Fund (IMF) $5.2 billion standby loan within a few…
Egypt records 1,566 new coronavirus cases, 83 deaths on Monday
Egypt’s Health Ministry on Monday announced the detection of 1,566 new cases of coronavirus across the country,…