Outflow of foreign investments in EGX reaches $500m: CBE Governor
CBE has EGP 1trn of excess liquidity, deferred loan installments recorded EGP 1.8trn
Cabinet media centre denies university second-semester exam cancellation
Supreme Council of Universities urges social media users to seek accuracy in circulating news
Prosecution warns of EGP 300k fine or 2-year jail for spreading fake coronavirus news
The statement said that legal action will be taken in conformity with articles 27 and 175 of the criminal law.
Al-Wazir urges employers to let workers leave early, to ease metro crowds
Ministry to add 5 trains in service to Line 1 which usually has largest number of commuters
Egypt, MENA growth forecast at 2.7%, -0.3% respectively: IIF
Egypt likely to see significant drops in Suez Canal transit revenue, trade, FDI, tourism flows, and remittances
FEI takes measures to boost Egyptian industry against coronavirus
FEI to postpone tax filing for three months
MSMEDA allows clients indefinite loan deferment
Agency to pump new funds for activities currently booming due to spread of coronavirus
Al-Sisi orders 75% increase in medical professionals’ allowance
Egypt reports 33 new coronavirus cases, imposes lockdown on several villages due to outbreak
Forasna provides free services, adds remote working category
This comes at a time when many institutions and companies have begun reducing their workforce to reduce the physical presence for employees and to limit the spread of coronavirus.
CCFE regrets possible Africa-France Summit postponement
Summit previously scheduled to take place in presence of President Al-Sisi in June, says Behnam
