Latest Economy News
High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank
Banking sector has witnessed high financial stability in past years, allowing it…
Egypt reviews international institutions’ positive evaluation of local economy amid COVID-19
The Ministry of Planning and Economic Development on Thursday issued a report…
EIB, Banque Misr partner to speed up SMEs recovery from COVID-19 in Egypt
€425m to support Egyptian SMEs, mid-caps
Government improves public workers’ wages in 2020 despite COVID-19: Finance Minister
Mohamed Maait, Minister of Finance, said that the government, despite the challenges…
Egypt’s microfinance records EGP 42.7bn in September
Mona Zulfikar, Chairperson of the Egyptian Microfinance Federation said that the beneficiary…
Egypt’s e-government receipts increase up to EGP 4bn monthly during COVID-19
Egypt’s e-government receipts jumped in 2020, from EGP 1bn to EGP 4bn…
Egypt reports respective 17%, 12% decrease in trade deficit, imports
Country’s exports stood at EGP 22.8bn in 11M of 2020
2020 Egypt economy contracts 1.1%, but 6.1% recovery projected in 2021: ESCWA
COVID-19 caused losses of about $140bn for Arab region in 2020, says…
Portfolio investment flows to EMs to recover slowly in 2021: CBE
Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…
Finance Ministry extends real estate tax returns submission until March 2021
Egypt’s Minister of Finance Mohamed Maait has agreed to extend the submissions…