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Egypt’s MSMEDA finances small, micro-enterprises in Qena with EGP 37m during November
The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) financed 539 micro- and small-sized…
Egypt confirms 434 new coronavirus cases, 23 deaths on Tuesday
Egypt confirms 434 new coronavirus cases on Tuesday bringing the total infection tally to 119,281 since the…
Banque du Caire gets $30m subordinated loan from SANAD
SANAD Fund for MSME (SANAD) signed a $30 million agreement to provide its first Tier II capital investment in Egypt…
Mobile wallets in Egypt rise 17 % during the pandemic, NTRA
The number of mobile wallets in Egypt has jumped at least 17 percent to 14.4 mn between March and October as the…
Egypt 1st in line among African countries to receive a Chinese Covid-19 vaccine
Egypt is first in line among African countries to receive a Chinese vaccine against covid-19, China’s ambassador in…
Johnson & Johnson enters phase three trial testing of its coronavirus vaccine
Johnson & Johnson said Wednesday it has begun its phase three trial testing its potential coronavirus vaccine.
Egypt announces up to 90% customs duty cuts on industrial inputs
Egypt’s Minister of Finance, Mohamed Maait announced new amendments to custom duties, reducing them by up to 90% on…
Egypt’s President ratifies amendments to custom tax law
Egyptian President Abdel Fattah El Sisi ratifies amendments to custom tax law no. 419 for 2018, which determines…
Fitch affirms National Bank of Egypt at ‘B+’/Stable; outlook stable
Fitch Ratings has affirmed National Bank of Egypt's (NBE) Long-Term Issuer Default Rating (IDR) at 'B+' with a…
Egypt’s stock exchange indexes end mixed, EGX 30 dips 0.06% on Tuesday
Egypt’s stock exchange’s (EGX) indexes ended mixed on Tuesday, with the benchmark EGX 30 index inching dipping by…
