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…
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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…
$127.9mn loan to help EgyptAir through coronavirus crisis – ministry
Egypt’s government will lend the state-owned carrier EgyptAir 2 billion Egyptian pounds (equivalent to $127.39…
Egypt’s unemployment rate hikes to 9.2% between end-March and end-April due to coronavirus
Egypt’s unemployment rate rose to 9.2 percent through the end of March to the end of April due to the government’s…
Coronavirus crisis directly, indirectly effected 200 million jobs worldwide- EJB
The coronavirus crisis has directly and indirectly affects 200 million jobs worldwide according to international…
Egypt’s foreign reserves are still within ‘safe’ levels – c.bank official
Egypt’s foreign reserves are still within “safe” levels despite the recent decline for two months in a row, said…
COVID-19 inflicts huge US job losses as pandemic breaches White House walls
The U.S. government reported more catastrophic economic fallout from the coronavirus crisis on Friday as the…
Britain’s duchess Kate launches photography project to capture various moments during…
Britain's Catherine, Duchess of Cambridge, announced on Thursday in an interview with ITV a photography project…
Egypt eases rules for payment of health sector dues – minister
Egypt’s Ministry of Finance approved on Tuesday a number of measures easing the rules for the payment of financial…
UAE’s real estate market slump to linger well into 2021: S&P
UAE’s real estate market might take some time to recover from the slowdown induced by the coronavirus crisis this…
EFA to raise funds for players in lower divisions amid coronavirus
The Egyptian Football Association (EFA) launched an initiative on Sunday to support players in the third and fourth…
China didn’t unveal real data of coronavirus outbreak: US intelligence
Chinese government has on purpose underreported the total number of coronavirus cases and deaths in the country,…
Egypt’s private airlines call for aviation minister to intervene amid COVID-19…
Egypt’s private airlines companies appealed on Tuesday to the civil Aviation Minister to intervene to stop the…
Sisi calls for boost of strategic food reserves amid coronavirus
Egypt's President Abdel Fattah al-Sisi told the relevant authorities to boost strategic reserves of staple goods, a…
Coronavirus crisis hasn’t ruined Manchester United striker Rashford’s recovery
Manchester United striker Marcus Rashford said his recovery from the back injury that has sidelined him since…