Fitch affirms Saudi Arabia’s A rating, but revises outlook to negative

The downturn has been attributed to the novel coronavirus (COVID-19) pandemic and lower oil prices, despite the government's strong commitment to fiscal consolidation.

Daily News Egypt

Facebook, Fatabyyano launch campaign to help spot false news

The campaign aims to educate and inform people on how to detect potential false news and misinformation, especially about the novel coronavirus (COVID-19) pandemic.

Daily News Egypt

Government continues investment in new projects, services: El-Said

Egypt’s public investments rose 70% to EGP 595bn, says Planning Minister

Nehal Samir

12.7% interest rate sees TMG’s Al-Rehab bonds deemed safe investment

The coupon return was due and collected by bondholders on 10 June 2020, while the bonds mature in August 2021.

Daily News Egypt

UN opens Libyan Political Dialogue Forum amid efforts to end crisis   

Solution is for Libyan people to regain their full sovereignty, says Tunisian President Kais Saied

Fatma Lotfi

Egypt develops new exhibition system to boost presence in global markets

The minister’s remarks came during a meeting with the delegation from the German Arab Chamber of Industry and Commerce (GACIC-AHK), which dealt with the chamber’s role in supporting joint commercial,…

Daily News Egypt

South Korean Embassy in Cairo launches Halal Food Festival

173 Egyptian food companies have obtained halal Food Standards Certificate, says Ashraf Afifi

Nehal Samir

Vodafone Egypt to self-finance new frequencies over 3 years: CEO

Abdullah said that Vodafone Egypt will not need loans to pay for the new frequencies, with the payments to be divided into a 50% down payment, paid in US dollars.…

Mohamed Alaa El-Din

Egypt’s non-oil imports decrease to $45.55bn in 9M 2020: CAPMAS

Non-oil exports see slight downturn to total $18.76bn in 2020, against $19.23bn last year

Hossam Mounir

President Al-Sisi, UK’s MI6 Chief discuss mutual cooperation, regional issues

Both Al-Sisi and Moore exchanged views on developments related to several regional issues 

Daily News Egypt