Industry Ministry finalises Alexandria’s Mergham 2 Plastics Industries Complex
MSMEDA has made EGP 10.6m worth of finance available to 13 customers, says Gamea
Electronic tax invoicing on trial starting 30 June
Centralised system enables Egyptian Tax Authority to monitor all commercial transactions between companies, says Maait
Egypt repays over $20bn worth external debts in 4 months
In statements to the Middle East News Agency (MENA), the source added that Egypt’s foreign debts constitute less than 33% of GDP.
Egypt executes Libyan militant Al-Mismari for masterminding Bahariya attack
The attack came as police forces were attempting to raid a hideout in the oasis, leading to an exchange of fire initiated by the militants.
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 between July and September 2020
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 agreement
IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt
New IMF arrangement aims to help Egypt cope with the challenges posed by the novel coronavirus
Egypt, Sudan, Ethiopia agree to AU-led negotiations on GERD, delay filling
Experts from Egypt, Sudan, Ethiopia, members of AU, and international observers of GERD talks will formulate agreement on operation and filling
EBRD, UNWTO join forces to boost tourism recovery
The rapid spread of the novel coronavirus (COVID-19) has had a significant impact on many sectors of the global economy, with tourism being among the hardest hit.
Egypt’s Al-Sisi discusses GERD developments with SA’s Ramaphosa
Al-Sisi stressed need for agreement over GERD filling and operation, Ramaphosa praised Egypt's constructive political will to resolve the crisis