Egypt pays more than $8bln from its debt – minister
Egypt is committed to the government's rollout programme on time, said Minister of Finance, Mohamed Maait on Monday…
Browsing Tag
coronavirus crisis
Samsung decides to cut chip production as profits decline 96%
Samsung Electronics Co. announced on Friday that it has suffered a decline in demand as the quarterly operating…
Egypt mulls building vegetable oils hub in Suez Canal with Malaysia
Egypt is planning to establish a complex for vegetable oils in the Suez Canal area in cooperation with Malaysia to…
Egypt’s overall deficit fall 7.8% in FY2020 despite coronavirus – FinMin
Egypt's overall deficit dropped 7.8 percent of the GDP during the 2019/2020 financial year from 8.2 percent last…
Egypt’s arrears to foreign oil firms drop to $850mn end-June: minister
Egypt’s arrears to foreign oil companies decreased to $850 million at the end of June from $900 million last year,…
Under fire over virus policy, PM Netanyahu says money is for all
Prime Minister Benjamin Netanyahu announced on Wednesday a plan for government grants for all Israelis amid growing…
Egypt allocates $525.1 mln for new SMEs industrial complexes – minister
8.5 billion Egyptian pounds ($525.1 million) has been allocated for the establishment of new industrial complexes…
Egypt’s GDP drops by EGP 130 billion due to coronavirus – minister
The coronavirus crisis has resulted in a drop in the gross domestic product (GDP) by 130 billion Egyptian pounds…
PMI: Egypt’s non-oil private sector activity shrank more slowly in May
Egypt’s non-oil private sector activity shrank more slowly in May after turning in its worst performance in a…
Egypt’s wealth fund to invest in three sectors amid coronavirus
The Sovereign Fund of Egypt is adapting to the coronavirus crisis and will focus its work more on three main…
