CBE confirms financial soundness of banks operating in Egypt
Banking sector’s financial position reaches EGP 6.165trn, capital adequacy ratio increases to 18.6% in March 2020
Public transport companies complain financial losses, halt in business
Companies highlight lack of facilities given state-imposed restrictions, precautionary measures
Edita to revise 2019/20 capex budget to cover key projects
Despite slashing capex budget to EGP 650m from EGP 790m, management optimistic about H2 of 2020
World Bank praises Egypt’s reducing new electricity connection timeframe to 18 days
Electricity Ministry has programme to replace overhead cables with ground cables
IMF approves immediate disbursement of $2bn under Egypt’s $5.2bn SBA loan
Remainder of SBA loan will be phased over two reviews
On first day of reopening, Egypt reports 1,168 new COVID-19 cases
Country's total confirmed cases up to 63,923 with 17,140 recoveries
AU mediation hopefully pushes towards GERD dispute settlement
Ethiopia’s claim of filling GERD in 2 weeks doesn't add up after consensus on AU-led talks, says expert
Planning Minister meets senior ILO official to discuss cooperation programmes
During the meeting on Saturday, El-Said covered proposals to amend Egypt’s labour law, and strengthen the work of the relevant ministerial coordination committees.
EGP 397m in humanitarian compensation granted over 5 years to North Sinai families
North Sinai Governor submits report to Prime Minister on state agency efforts to compensate those affected by security confrontations
Coptic Orthodox Church postpones reopening Cairo, Alexandria churches to mid-July
Coptic Orthodox Church bishops, council of priests for each diocese will decide to resume prayers depending on health situation