Economics
July 3, 2020
CBE representative to join 2 committees on investment disputes settlement upon PM decision
CAIRO – 3 July 2020: Upon a decision by Prime Minister Moustafa Madbouli, a representative of the Central Bank of…
July 3, 2020
PM reviews report on OECD Investment Policy Review of Egypt
CAIRO – 3 July 2020: Prime Minister Moustafa Madbouli reviewed on Friday a report of OECD Investment Policy Review of…
July 2, 2020
Belarus keen on boosting cooperation with Egypt in different domains: Belarus amb. to Egypt
CAIRO – 2 July 2020 – Belarus Ambassador in Cairo Sergei Terentiev asserted that Belarus is keen on boosting relations…
July 2, 2020
GAFI, EDA probe upgrading pharmaceutical, medical supplies’ industries
CAIRO – 2 July 2020: Chairman of the General Authority for Investments and Free Zones (GAFI) Mohamed Abdel Wahab discussed…
July 1, 2020
Italian Eni announces new gas discovery in Egypt’s Nile Delta
CAIRO – 1 July 2020: Italian oil and gas company Eni said it managed to drill the first exploration well…
June 30, 2020
Egypt’s revenues lose more than LE125B over 3 months due to COVID-19
CAIRO – 30 June 2020: Egypt’s revenues losses exceeded LE 125 billion over three months due to COVID-19, according to…
June 30, 2020
Services to be mechanized to facilitate procedures for investors: Trade min.
CAIRO – 30 June 2020: Minister of Trade and industry Nevine Gamea' said that her ministry is about to mechanize…
June 30, 2020
New transport entity formed after merging of 3 companies- minister
CAIRO – 30 June 2020: Minister of Public Business Sector Hesham Tawfik said putting into force law 203/1991, which was…
June 30, 2020
EGX flags in green during last session of week, market cap. gains LE4.4B
CAIRO – 30 June 2020: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding LE 4.4 billion to market…
June 30, 2020
Egypt, USAID agree on 5 future projects worth $105M
CAIRO – 30 June 2020: Egypt and the United States Agency for International Development (USAID) have agreed on five future…
June 30, 2020
ITFC provides Egypt with $9.6B till June 2020
CAIRO – 30 June 2020: The International Islamic Trade Finance Corporation (ITFC) provided Egypt with $9.6 billion from 2008 to…
June 30, 2020
Egypt discovers new goldmine in Eastern Desert with more than 1M ounces
CAIRO – 30 June 2020: Egypt discovered new goldmine in the Eastern Desert, with reserves estimated at more than one…
June 30, 2020
Egypt expends LE 61B of LE100B package allocated to confront COVID-19
CAIRO – 30 June 2020: Egypt spent LE 61 billion out of LE 100 billion allocated to counter the negative…
June 29, 2020
Egyptian steel, iron, cement exports decline 41.4% in 5 months
CAIRO – 28 June 2020: Egypt’s exports of iron, steel, and cement decreased 41.1 percent in the first five months…
June 29, 2020
Gamea: Private sector key partner in shaping industrial development policies
CAIRO – 29 June 2020: Trade Minister Neveen Gamea on Monday affirmed the keenness of her ministry on activating the…