EBRD committed to Egypt’s tourism support despite COVID-19
€200m framework for tourism’s private sector to be approved within two years, says Hamza
EIB contributes €5.2bn to non-EU COVID-19 fight
The EIB, a publicly owned bank whose shareholders are the EU member states, said the financing comes as part of the Team Europe response to the pandemic. It added that…
Covid-19 silver lining a more support to Egypt’s renewable, industrial sectors
As part of the same package of measures, the price of electricity would be reduced for heavy industry consumption, from EGP 1.10 ($0.07) to EGP 0.10 ($0.006) per KWh. For…
Diverse tourism marketing campaigns needed as Egypt may become post- pandemic ‘safe haven’: OUD
We seek to establish medical tourism complex, exploiting Egypt’s natural resources, says Marriott Hills
Egypt’s Parliament to donate EGP 20m to Tahya Misr Fund
Move aimed at fighting coronavirus: parliamentary statement
Trump threatens to cut WHO funding; official responds ‘Now is not the time’
Trump also criticised the WHO’s initial response to the outbreak and the time it took to declare the outbreak a global pandemic, on 11 March.
Stakeholders offer innovative support for Egypt’s entrepreneurs
Support organisations roll up sleeves to help start-ups overcome COVID-19 impact
TMG Sukuk records 2.5 bid-to-cover ratio: EFG Hermes
FRA earlier approves first Sukuk offering worth EGP 2bn
Egypt’s net international reserves retreat to $40bn in March amid global shocks
Bank directs $5.4bn to cover local hard currency needs, bridge gap from foreign investment decline
Cabinet approves 6-month leeway on tourism, private airlines utility payments
Stakeholders argue decision protects against lay-offs, hotel closures, others believe it neglects tourism companies
