High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank
Banking sector has witnessed high financial stability in past years, allowing it…
Egypt’s tourism revenues down 67.2% in 2020: Junior Business Association
Total of $935bn loss in global export revenues from tourism, over $1.1trn…
Ghabbour Auto’s Drive securitisation deal to result in EGP 100m gain
Drive, Ghabbour Auto’s (GB Auto) consumer finance and factoring subsidiary, has completed…
Egypt extends reconciliation over building violations until March 2021
Egypt’s Prime Minister Mostafa Madbouly has extended the period of receiving reconciliation…
Egypt reviews international institutions’ positive evaluation of local economy amid COVID-19
The Ministry of Planning and Economic Development on Thursday issued a report…
EIB, Banque Misr partner to speed up SMEs recovery from COVID-19 in Egypt
€425m to support Egyptian SMEs, mid-caps
Government directs EGP 90bn for local development since July 2018
The Ministry of Local Development has announced, in its annual report, that…
$3.4bn project to meet fuel needs in Upper Egypt: Petroleum Minister
Minister of Petroleum and Mineral Resources, Tarek El Molla, has asserted that…
Government improves public workers’ wages in 2020 despite COVID-19: Finance Minister
Mohamed Maait, Minister of Finance, said that the government, despite the challenges…
Egypt reports 2.55% decrease in manufacturing and extractive industries index in October
Egypt has reported a standard number for its manufacturing and extractive industries,…