IMF support for sectors most affected by COVID-19: Finance Ministry
In a statement on Thursday, Maait said the emergency support will help the government finance those sectors that have been most impacted, including the health sector, and enhance social protection…
CBE expands EGP 100bn initiative to contracting companies
The initiative had initially been set up to provide finance to private sector companies in the manufacturing and agriculture sectors with sales of EGP 50m.
Madbouly orders speedy completion of COVID-19 coexistance plan
Plan has six parts, including creating crisis rooms in each governorate, says Zayed
FRA to apply precautionary measures for coexistence with COVID-19
Authority says all employees nationwide should adhere to precautionary measures
Zayed reviews essential healthcare services plan for Covid-19 battle
Military factories daily production of face masks expected to reach around 4.5 million this month, says El-Assar
NBE achieves unprecedented EGP 300bn deposits boom
Significant increase, brings bank’s deposit portfolio to EGP 1.5trn
Demand for cement down 12.6% y-o-y in April due to COVID-19, Ramadan
Egypt’s cement industry already affected by supply glut of 40%
Health Ministry announces preliminary COVID-19 coexistence plan
The plan includes visual and oral sorting and temperature measurements for all citizens before entering public buildings, metro and trains.
EIPICO reports lower production, EGP 93m losses due to COVID-19
Company’s operations suffered from traffic disruption, interruption of shipping and export operations
Government to treat blinded quarantine hospital doctor at state expense
Mohamed Sami suffered loss of vision due to eye stroke induced by high blood pressure
