Egypt to auction $3bn-$4bn denominated bonds in 3 tranches

The documents, issued by one of the banks leading the process, revealed that an initial indicative price for the four-year tranche stands at about 6.25%. The initial indicative price for…

Daily News Egypt

CBE offers EGP 20bn in T-Bills as market awaits Finance Ministry move

The CBE will issue Treasury Bills and bonds worth EGP 186bn in May, as part of a government plan to borrow EGP 610bn between April and the end of June…

Hossam Mounir

Health Authority, CIT Ministry cooperate on institutional development, digital transformation

Cooperation comes as part of ministry’s vision to build a digital Egypt through cooperation with ministries and government agencies

Mohamed Alaa El-Din

Suez Canal Bank sells $30.6m in shares to exit MIDOR

Exit process part of bank’s investment policy and comprehensive strategy to restructure its investment portfolio, says Refaei

Daily News Egypt

61% of African businesses operating at 60% or less capacity amid COVID-19: OBG

Survey shows tourism, construction particularly hard hit, with about 80% of companies operating at 0-20% capacity

Daily News Egypt

Turkey imposes up to 14% additional duties on steel imports

Decision prevents rise in steel imports into the country

Daily News Egypt

COVID-19 crisis management based on science, professionalism: Al-Sisi

47% of Alexandria’s population live in unplanned housing, says Housing Minister

Bassant Mohammed

From artificial meat to bio-fortified crops, food system innovations assessed 

Authors encouraged policy reviews and carbon pricing among other recommendations for greater access to sustainable food

Daily News Egypt

Global carbon emissions decline 17% during pandemic

Achieving zero net emissions could be hard without increasing wellbeing, supporting infrastructure 

Daily News Egypt

Building healthcare ecosystem (PPPs) to combat COVID-19

Stronger innovative partnerships between the public and private sectors will be needed to ensure existing PPP projects survive, as project survival is the only option. With decreased economic activity, PPP…

Ahmed Alkalawy