Egypt’s tourism revenues decline to $4bn in 2020 from $13.03bn in 2019
Egypt’s tourism revenues in 2020 slumped 70% year-on-year (y-o-y) to record $4bn due to the novel coronavirus (COVID-19) crisis, down from $13.03bn in 2019, according to Minister of Tourism and…
250k natural gas vehicle conversions, replacements planned over 3 years
Programme saves 50% of money spent on traditional fuels, provides better income for taxi and microbus drivers, and decreases air pollution: Nevine Gamea
Saudi Arabia to host 41st GCC summit to discuss Qatar crisis
Summit expected to attend mainly to relations with Iran, its nuclear programme
Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender
The Central Bank of Egypt (CBE) has announced it has received 35 offers worth $1.0511bn from local and foreign investors, to cover a US dollar-denominated Treasury bills (T-bills) auction.
Senator submits request for briefing on ‘oxygen shortage’ at Egypt’s hospitals
Prosecution summons Al Husseiniya Hospital director, doctors over COVID-19 death in ICU
CI Capital concludes securitisation bond offering worth EGP 2.7bn
CI Capital Holding for Financial Investments has announced that its leasing arm, Corplease, has completed its 10th securitisation bond issuance, at a value of EGP 2.7bn. In a statement to…
Government considers activating sub-accounts unit at Tourism and Antiquities Ministry
Minister said that Sub-Accounts Unit is useful in developing realistic estimates relating to size of tourism activity and setting the necessary forecasts
Housing Ministry receives land allocation requests totalling 5,500 feddan in 2020
NUCA issues 124 ministerial approvals for property projects, 7 masterplans for new cities
5 new COVID-19 deaths among Egyptian doctors, raising total to 276: Medical Syndicate
The Egyptian Medical Syndicate (EMS) announced, on Monday, that five new fatalities have been reported among doctors due to complications related to the novel coronavirus (COVID-19). The doctors are: Yasser…
International Cooperation Minister shares message of cooperation in World Economic Report 2019-2020
Egypt’s Minister of International Cooperation Rania Al-Mashat has shared a message of cooperation and public-private collaboration in the World Economic Forum’s 2019-2020 report.