Month: June 2020

Industry Ministry finalises Alexandria’s Mergham 2 Plastics Industries Complex

MSMEDA has made EGP 10.6m worth of finance available to 13 customers,…

Shaimaa Al-Aees

Electronic tax invoicing on trial starting 30 June

Centralised system enables Egyptian Tax Authority to monitor all commercial transactions between…

Daily News Egypt

Egypt repays over $20bn worth external debts in 4 months

In statements to the Middle East News Agency (MENA), the source added…

Daily News Egypt

Egypt executes Libyan militant Al-Mismari for masterminding Bahariya attack

The attack came as police forces were attempting to raid a hideout…

Bassant Mohammed

Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months

Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…

Hossam Mounir

Ethiopia’s enigma on GERD filling after Egypt, Sudan agree AU-led talks

Addis Ababa’s statement did not clarify whether filling is conditional upon reaching…

Mohammed El-Said

IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt

New IMF arrangement aims to help Egypt cope with the challenges posed…

Nehal Samir

Egypt, Sudan, Ethiopia agree to AU-led negotiations on GERD, delay filling

Experts from Egypt, Sudan, Ethiopia, members of AU, and international observers of…

Mohamed Samir

EBRD, UNWTO join forces to boost tourism recovery

The rapid spread of the novel coronavirus (COVID-19) has had a significant impact on…

Daily News Egypt

Egypt’s Al-Sisi discusses GERD developments with SA’s Ramaphosa

Al-Sisi stressed need for agreement over GERD filling and operation, Ramaphosa praised…

Mohamed Samir