Afreximbank grants $3.55bn to Egypt banks amid COVID-19 response
Afreximbank elaborated that the $3.55bn support has been provided to the Central Bank of Egypt (CBE) and other Egyptian banks through its Pandemic Trade Impact Mitigation Facility (PATIMFA).
Arab League rejects ‘illegal Turkish intervention’ in Libya, as battle for Sirte gears up
In an interview with the state-owned Middle East News Agency (MENA), he added that the Cairo Declaration has outlined a road map for settling the Libyan crisis. It has set…
Robbery attempt leads to discovery of Ptolemaic monuments in Qena
The arrests led to the discovering of monuments attributed to the reign of Ptolemy IV, the fourth King of Ptolemaic Egypt, who ruled from 221 to 204 BCE.
26% of SMEs suspends activities during January-May due to COVID-19: Report
In some countries, this percentage increased to as high as 50%, as government lockdowns and a global economic slowdown negatively impacted the companies around the world.
Ethiopia provides conflicting statements on GERD filling
Egypt requests an urgent official clarification from Ethiopia regarding the validity of filling the filling the Nile dam reservoir
Flouting international guidance, Ethiopia unilaterally starts filling its Nile dam
Egypt requests an urgent official clarification from Ethiopia regarding the validity of filling the filling the Nile dam reservoir
Video | Nile Dam Dispute: Myths and Facts Over GERD
Nile Dam row: Daily News Egypt debunks unreliable information circulating on media about Grand Ethiopian Renaissance Dam (GERD)
Egypt’s microfinance market records EGP 17.866bn in Q1 of 2020
About 2,456 customers benefited from nano-finance products, with total EGP 577.3m in funds granted
FRA to approve securitisation bonds worth EGP 500m
Securitisation bond issuances expected to reach EGP 20bn before year-end, says Abdel Fadil
Egypt explores using modern irrigation methods in 175,000 feddan land
Irrigation and Agriculture Ministries to coordinate in implementing project