CBE receives 31 bids to invest $1.095bn in T-Bill auction
25 offers worth $975.4m were accepted
ITFC provides $100m Covid-19 emergency fund to Egypt
The funding is part of the Master Murabaha Agreement concluded between Egypt and ITFC. It will enable GASC to mitigate the effects of coronavirus by securing food commodity imports.
Egypt, UK agree to additional cooperation against COVID-19
UK has provided over 250 Egyptian medical staff with training in Intensive Care, Basic Life Support, Cardiovascular Life Support
Parliament approves development fees on some commodities, services
Presidential decree extending state of emergency for further three months also approved
Qalaa Holdings records 11% y-o-y increase in FY2019 revenues
ERC reaches 100% utilisation, sells over 3.1 mn tonnes of petroleum products
Suez Canal traffic unaffected by pandemic, records 2% revenues increase
Maritime traffic in Suez Canal rose 8.7% in first four months of 2020, says Canal’s Chairman
Egypt close to defeating terrorism completely in Sinai: army spokesperson
Sinai residents are main supporters of Armed Forces’ fight against terrorism, says El-Rafaie
EBI launches ‘Future Leaders’ online training programme for African banking sector
First round of programme has 13 trainees representing 8 African central banks
Big data analysis contributes to preventive medicine development: AI expert
Egypt has potential to improve healthcare system particularly with youthful population, says Mostafa
Egypt ranks regional first as EGP 162bn worth of securities issued in 2019
Insurance premiums increase by 19.3% to reach EGP 35.2bn in same year