Real GDP to remain strong, grow 5.9% in FY19/20 from 5.6% in FY18/19

Interest rates to be cut by 200 bp by year end, to continue to drive down borrowing costs for local firms

Doaa Elboraie

 Baselworld canceled due to Coronavirus

While the government may lift its ban by April, MCH had to make the decision immediately, as construction of the show’s infrastructure was due to take place at the beginning…

Daily News Egypt

Iraq’s prime minister-designate Allawi withdras his candidacy, blaming some factions 

Iraqi president Barham Saleh will start consultations to choose an alternative candidate within 15 days

Sarah El-Sheikh

Africa must take substantial efforts to attract private investments into renewables: IMF

Power shortages cost the continent about 2% to 4% of GDP a year

Hagar Omran

Infection control initiative provides Hep. C awareness to 22,000 beauty, health clubs

Ministry spokesperson Khaled Megahed said that they checked 5,685 beauty salons and health clubs in January alone in order to raise awareness and reduce the spread of hepatitis in second…

Daily News Egypt

EGP 10/gm increase in gold price; 21 caliber records EGP 702

Coronavirus's continues spread, pushing gold to record levels: Naguib

Walid Farouk

Eni seeks to export gas from Zohr through Damietta liquefaction plant in 2020

Italian company raises its stake in liquefaction plant to 50%: source

Mohamed Adel

EGX halts trading shortly on stocks of 21 companies after incurring 5% decline

The EGX management has suspended trading on the shares of 21 listed companies for 10 minutes in the last hour of Monday’s trading, as a result of incurring 5% decline.

Alyaa Stohy

US dollar appreciates 10 pt against Egyptian pound

The official price of the dollar at the Central Bank of Egypt (CBE) on Monday reached EGP 15.5856 for buying, and EGP 15.7149 for selling, compared to EGP 15.4784 pounds…

Hossam Mounir

Al-Sisi receives French Defence Minister Florence Parly in Cairo 

Both address bilateral military, security relations

Daily News Egypt