Nurseries to continue operating at 50% capacity: Official
Egypt’s Minister of Social Solidarity Nevine El-Kabbaj has announced that nurseries will continue to operate, but at a reduced capacity of 50%. The decision comes as precautionary measures are tightened…
Upper Egypt records investments of EGP 63bn since 2014
The total cost of development projects that have been and are currently being implemented in Upper Egypt’s governorates since 2014 to the present date stands at EGP 63bn. The figure…
Central Bank of Egypt issues instructions to manage operating risks at banks
The Central Bank of Egypt (CBE) has issued new instructions regarding the management of operation risks at banks working in the Egyptian market. The CBE also said that it is…
Egypt business conditions worsen in December amid second COVID-19 wave: IHS Markit
Rise in coronavirus cases sparks commensurate reduction in client demand
1,336 communications sector firms worth EGP 1.34bn established in FY 2019/20: EJB
A total of 1,336 communications sector companies, worth a combined EGP 1.34bn, were established in fiscal year (FY) 2019/20, according to Sherif Makhlouf, head of the Egyptian Junior Business Association’s…
Egypt Ventures raises EGP 104m investments in 2020: International Cooperation Ministry
Investment firm aims to empower Egypt’s entrepreneurial ecosystem, drive innovation
Inequality, economic decline fuel social polarisation, right-wing movements
Provision of social safety nets can prevent this slide into political unrest
3 killed, 17 wounded in bus-truck crash in southern Egypt
Ministry of Social Solidarity ordered urgent aid to families of the victims of bus crash on a desert road of Aswan governorate in southern Egypt
Poverty increases vulnerability to mental health conditions: Study
Eastern Mediterranean countries are witnessing higher rates of mental health disorders than global averages
South Korea to dispatch delegation to Iran for release of oil tanker, sailors
Iran Government spokesman said Tuesday that South Korea has taken as "hostage" over $7bn of Iranian assets, in response to Iranian seizure of oil tanker