CBE receives 26 offers to invest $720m in T-Bills auction

The CBE accepted 20 offers worth a total of $509.3m, with interest ranging between 3.42% as the lowest price, 3.45% as the highest price, and 3.446% as an average. This…

Hossam Mounir

Pandemic lowers 2019/20 target growth to 4%: Finance Minister

Total of EGP 63bn used to support health sector, groups most affected since pandemic’s beginning

Daily News Egypt

TSFE to launch 4 sub-funds in health, infrastructure, fintech, and food

Fund negotiating with investors to exploit state assets for huge local economy investment returns, says Soliman

Shaimaa Al-Aees

L’Oréal Egypt to donate over 50,000 locally produced hand sanitiser units

Over 10,000 units of personal hygiene products to be distributed to medical teams, patients at isolation hospitals

Daily News Egypt

Government supports ERC’s anti-coronavirus efforts in partnership with USAID

USAID assists ERC's efforts with EGP 51m to contain pandemic

Nehal Samir

Cairo Declaration as a conclusive solution to Libyan crises: Kremlin

No meeting planned between Putin and Al-Sarraj, says Russian presidency spokesperson

Sarah El-Sheikh

Parliament gives preliminary approval of Senate draft law

Support Egypt coalition, which submitted the draft, is preparing another for House of Representatives

Sarah El-Sheikh

Egypt to rely on e-learning next academic year amid COVID-19 coexistence

Education Minister presents proposal for hybrid system integrating face-to-face teaching and distance learning

Daily News Egypt

Merging tourism, antiquities funds based on practicalities: El-Anany

Suggested tourism and antiquities fund aims to support, finance activities that stimulate both sectors

Daily News Egypt

ODE records 10.5% revenues decline to EGP 903.8m in 1Q 2020

Group generated more savings in finance costs in 1Q 2020, with interest costs decreasing 33.1% to EGP 79.6m

Daily News Egypt