Browsing Category
Featured
Egypt to pay overdue export subsidies to companies without tax clearance
Egyptian government will pay out export subsidy arrears to companies and exporters owed less than 5 million…
Egypt allocates EGP500mln to complete Al-Robeky city
Egypt's government has allocated 500 million Egyptian pounds to complete establishing Al-Robeky city for leather…
Egypt’s economic growth likely to slow to 4.5% in Q3 due to coronavirus
Egypt expects economic growth to slow to 4.5 percent in the third quarter and to 1 percent in the last three…
Egypt’s Al-Mashat, global leaders discuss raising funds to fight coronavirus
Egypt’s International Cooperation Minister Rania Al-Mashat discussed available financing options and the fallout of…
Egypt non-oil private sector contracts faster as coronavirus hits
Egypt’s non-oil private sector activity contracted at a far faster rate in March than in February as the…
Egypt sees 103 new positive coronavirus cases to reach 1173
Egypt saw 103 new positive coronavirus cases on Sunday, bringing the total to 1173, as well as seven new…
EGX starts week in red amid Arab, foreign selling
The Egyptian Exchange (EGX) started week in red, losing 7.44 billion Egyptian pounds of market capitalization, amid…
NBE posts net profits of EGP 20.2bn in 2019
National Bank of Egypt (NBE) has posted net profits after tax of 20.2 billion Egyptian…
CBE deletes sales cap on EGP 100bn industry support initiative
Central Bank of Egypt (CBE) cancelled the annual sales cap of 1 billion Egyptian pounds required to qualify for…
Egypt delays launch of mega projects to 2021 due to coronavirus
Egyptian President Abdel Fattah al-Sisi on Saturday postponed the launch of mega-projects including the Grand…