Egypt

In a videoconference meeting, the Minister of International Cooperation discussed with Development Partners advancing mutual cooperation and mobilizing funds for combating novel coronavirus
Egypt's Minister of International Cooperation discusses with development partners advancing mutual cooperation in face of COVID-19
The World Bank announced that it activated on March 20 the Contingency Emergency Response Component (CERC) under the “Transforming Egypt’s Healthcare System Project” and offered Egypt $7.9 million to fund emergency response activities related to the COVID
World Bank offers Egypt $7.9m to fund its measures against COVID-19
Egyptians will be able to re-charge their pre-paid electricity meters through NFC feature via Bluetooth at any time and from any place as of next week.
Egyptians to re-charge electricity prepaid meters via Bluetooth
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday, April 2, to keep overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 9.25 percent, 10.25 percent, and 9.75 percent, respec
Egypt's central bank keeps interest rates unchanged
Egyptian President Abdel Fattah el-Sisi has signed a declaration that Tahya Misr (Long Live) Egypt, a donation-based national fund, will take care of the expense of quarantine for Egyptians
Sisi decides Tahya Misr fun, a donation-based national fun, to bear quarantine cost for Egyptians stranded abroad
"Egypt targets to increase investments in health sector during fiscal year 2020/2021 by 69 percent, reaching LE 15.3 billion," Minister of Planning and Economic Development Hala el-Saeed said Wednesday.
Egypt increases investments in health sector by 69% in 20/21
"Egypt aims to increase its government investments by 33 percent during the next fiscal year 2020/2021 to LE 280.7 billion, up from LE 211 billion in 2019/2020," Minister of Planning and Economic Development Hala el-Saeed said Wednesday.
Egypt’s gov’t investments to hike to LE280.7B in 2020/21: Min.
egypt
The world Praises Great Pyramid in Egypt lighting up in solidarity against virus
Egypt's domestic liquidity rose during February 2020, to record LE 4.187 trillion, compared to 4.14 trillion pounds in January 2020, the Central Bank of Egypt (CBE) revealed.
Egypt’s domestic liquidity increases to LE 4.187B in February
The United Nation World Tourism Organization (UNWTO) has praised Egypt's efforts to contain the spread of the coronavirus pandemic and its commitment to implementing health, safety, and prevention guidelines.
UNWTO praises Egypt's effort to combat coronavirus pandemic
Sudanese Prime Minister Abdalla Hamdouk announced that he will visit Cairo and Addis Ababa soon to resume the stalled negotiations on the controversial Grand Ethiopian Renaissance Dam (GERD), according to a statement from the Sudanese cabinet.
Sudanese PM to visit Cairo, Addis Ababa to resume Renaissance Dam talks
Foreigners recorded outflows of $500 million (LE 7 billion) from the Egyptian Stock Exchange (EGX) during the last period, Governor of the central Bank of Egypt (CBE) Tarek Amer said Sunday.
Foreigners recorded outflows of $500 million from (EGX) : Egypt's CBE governor
Minister of Industry and Trade Nevine Gamea stated that debt installments of small businesses will be postponed for three months, and that if needed, the duration will be prolonged.
Debt installments of small businesses in Egypt to be postponed for 3 months
"Egypt’s external debt has already increased by about $50 billion, but the state has spent $350 billion on various projects during the past four years," Governor of the Central Bank of Egypt (CBE) Tarek Amer.
Egypt’s external debt rises by $50B, with $350B spent on projects: CBE governor
Egypt’s draft budget of 2020/2021 fiscal year is the biggest in the country’s history with expenses of 1.71 trillion and revenues of LE 1.3 trillion, according to Minister of Finance Mohamed Ma’it.
Egypt's 20/21 budget biggest in history with LE1.71T expenses: Finance Min
Egypt’s President Abdel Fattah El-Sisi directed the government to provide basic food commodities and increase the strategic food reserves to meet people’s demands across the country
Egypt's Sisi orders meeting Egyptians’ needs of basic commodities
The Egyptian minister of immigration Nabila Makram praised the efforts exerted by Egyptian scientists living abroad to support distance education, a precautionary measure taken to protect students amid a novel coronavirus (Covid-19) outbreak.
Egypt’s expatriate scholars to participate in distance education
COVID-19 has disrupted both supply and demand around the world. Egypt is not immune to ‎the recessionary trends caused by the sudden halt in supply chains and the sharp decline in ‎demand, domestically and globally, resulting from the rapid spread of the
What does COVID-19 mean for Egypt’s economy?‎
The Emirati Crown Prince of Abu Dhabi and Deputy Supreme Commander, Sheikh Mohammed Bin Zayed, said on Twitter Saturday he had a call with the Egyptian President Abdel Fatah al Sisi to discuss the latest developments.
Egypt's Sisi receives a call from Sheikh Zayed
Minister of Civil Aviation Mohamed Manar Enaba communicated with Tunisair to return 37 stranded Egyptians, who had sought the Ministry of Immigration and Expatriate Affairs for help.
After flying back stranded Egyptians in London, minister coordinates return of 37 from Tunisia
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