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Egypt to get first $2.7 billion tranche of IMF rapid financing Monday – sources
Egypt will receive the first $2.7 billion tranche of a rapid financing support from the International Monetary Fund…
CBE instructs banks to comply with IFRS9 to ensure best practices
The Central Bank of Egypt has instructed banks working in the local market to comply with the latest International…
Egypt coronavirus cases pass 7,000, records highest single-day number of infections
Egypt recorded 388 new coronavirus cases on Tuesday, its highest in a single day, taking the toll to 7,201.
Egypt’s total state debt could widen 88% of GDP in FY20/21 if coronavirus crisis…
Egypt's total state debt could rise to 88 percent percent of GDP from a previously projected 83 percent during the…
No increase in consumer price of gasoline – Egyptian FinMin
The selling price of gasoline and diesel fuel to consumers will not increase after parliament approved new levies…
Egypt is expected to further extend coronavirus curfew till the end of Ramdan
The imposed curfew by the Egyptian government to curb the spread of corona virus is scheduled to expire on…
EgyptAir to operate three flights to Asia, Africa on Tuesday
State-owned carrier EgyptAir will operate on Tuesday two flights from Cairo International Airport to bring home…
Egypt secures $100 million ITFC financing to cover strategic staple imports
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank, signed a $100…
PMI: Egypt’s non-oil private sector activity collapses in April due to coronavirus
Egypt’s non-oil private sector activity collapsed in April affected by a shutdown in the tourism industry,…
Egypt posts EGP 100 billion loss in one month as coronavirus causes pain – minister
Egypt is being hit hard by the coronavirus pandemic, posting a loss of more than 100 billion Egyptian pounds ($6.3…