Egypt’s PMI rises to 40.7 in May as companies reopen: Deputy Finance Minister

EGP 8.34m, equivalent to 0.15% of the GDP, have been allocated to adjust salaries of public health staff as they combat the coronavirus

Daily News Egypt

CBE extends EGP 100bn initiative to new medium-sized enterprises

The initiative was set up to provide loans at a decreasing interest rate of 8% to private sector companies in Egypt’s industrial, agricultural and contracting sectors.

Daily News Egypt

Budget deficit at 6.3%, expected to reach 7.5% amid COVID-19: Finance Minister

Constant monitoring of situation needed, particularly for annual budget which was prepared in pre-pandemic period, says Maait

Shaimaa Al-Aees

Bahaa Eldin Law Office, BonelliErede reinforce Egypt team

El Ehwany, who joined the firm in 2018, specialises in corporate/M&A and finance, and has developed significant experience leading national and international law firms. He advises clients mostly active in…

Daily News Egypt

EBRD, Oxfam sign MoU to strengthen community resilience

The MoU ensures the two entities join forces to strengthen the communities in which they work and to promote sustainable civil societies in light of the coronavirus (COVID-19) pandemic.

Shaimaa Al-Aees

Egyptian efforts in Libyan crisis aim to restore stability: Al-Sisi

Greece’s Foreign Minister expressed his country's pride in close cooperation ties with Egypt

Daily News Egypt

Al-Sisi addresses safety of Egyptians abroad in meeting with Intelligence Chief

Discussion on Libyan crisis follow Cairo Declaration initiative and pursuit of its provisions, especially ceasefire, says presidency

Sarah El-Sheikh

Twitter tests voice tweeting capabilities

Voice feature will be available for those using Twitter via iOS devices

Daily News Egypt

Egypt extends alcohol export ban for further 3 months

Gamea said the decision is to ensure that the needs of Egypt’s citizens and medical institutions are provided for during the ongoing coronavirus (COVID-19) pandemic.

Shaimaa Al-Aees

Bavarian Group launches BMW’s X5 M50i in Egypt

Sheer engine power and interior comforts make the German brand’s latest model a must-have and luxurious drive

Daily News Egypt