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Total number of coronavirus cases in Egypt at 150 – minister
The total number of cases of the coronavirus outbreak has hit 150, Egypt’s minister of information said in a press…
BREAKING: Egypt suspends all flights till March 31 over coronavirus
Egypt said on Monday it was suspending all flights to and from its airports for two weeks starting on March 19,…
Egypt’s Arab Contractors set to win bids for two flagships in Tunisia, Congo
Egypt’s state-run construction Arab Contractors (AC) has beaten European rivals in two tenders to implement…
Coronavirus fears hit Egypt’s stock exchange hard at midday
Egypt’s stock exchange (EGX) tanked at midday, after being suspended for half an hour, spooked by the broadening…
Global financing may face a ‘Sudden Stop’ with coronavirus as main driver: IIF
“We worry a global sudden stop in financing is beginning to emerge, with COVID-19 the underlying driver,” the…
Egypt to implement President Sisi’s new economic policies in FY2020/2021
Egypt’s Minister of Finance Mohamed Maait has announced that the FY2020/2021 state budget includes procedures that…
Coronavirus, lower oil prices to impact Egyptian economy: IMF
The cronavirus disease (COVID-19) outbreak as well as lower oil and commodity prices along with lower demand and…
CBE announces measures to shield Egypt economy of coronavirus impact
Central Bank of Egypt issues new measures to banks working in Egypt to fight coronavirus which include postponing…
EGX loses EGP39.61bln of market cap. in early week tradings
The Egyptian Exchange (EGX) ended Sunday session with deep loss following the decline of the world stocks by the…
Kenya Re plans a Sharia-compliant subsidiary in Egypt
Kenya Re seeks to establish a Shariah-compliant subsidiary in Egypt after converting into capital $52.5 million…