Egypt, Singapore eye stronger bilateral cooperation in ports, investment
Egypt’s Prime Minister Moustafa Madbouly met Singapore’s President Tharman Shanmugaratnam in Cairo on Saturday in a…
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Economy
Egypt’s Sisi approves amended tax treaty with UAE
Egypt’s President Abdel Fattah El-Sisi has approved Protocol (2) to the agreement with the United Arab Emirates…
Oman cuts repo rate by 25 bps
The Central Bank of Oman (CBO) reduced its repo rate for local banks by 25 basis points to 4.75 per cent, effective…
Bahrain cuts overnight deposit rate by 25 bps
The Central Bank of Bahrain (CBB) reduced its overnight deposit rate by 25 basis points to 4.75 per cent, effective…
Kuwait cuts discount rate by 25 bps
Kuwait’s Central Bank cut the discount rate by 25 basis points to 3.75 per cent, effective Thursday, in response to…
Egypt launches 2nd phase of E7na Masr tourism campaign
Egypt’s Ministry of Tourism and Antiquities has launched the second phase of its promotional campaign E7na Masr,…
Egypt to pilot cash subsidy scheme, raise wheat procurement price – PM
Egypt is preparing to shift from in-kind subsidies to cash transfers, Prime Minister Moustafa Madbouly said during…
Suez Canal revenues improve but still below normal, PM says
Egypt's Suez Canal revenues have been negatively affected by attacks on shipping in the Red Sea, Prime Minister…
Zohr gas output back to normal after arrears cut – PM
Natural gas production at Egypt’s giant Zohr field has returned to normal levels after the government resumed…
Egypt to expand health insurance to cover quarter of population in 2 years – PM
Egypt’s Universal Health Insurance System (UHIA) will cover more than 25 per cent of the population within the next…