Egyptian pound appreciates 30 piasters against US dollar in 2020 despite COVID-19
Local currency is likely to see further gains against US dollar in…
Egypt’s Chemical Industries Export Council urges reconsideration of gas pricing
The Egyptian Chemical Industries Export Council has called on the Egyptian government…
Planning Ministry reviews ‘Citizen Investment Plan’ in Matrouh for FY 2020/21
Public investments directed to Matrouh stands at EGP 13.3bn, an increase of…
Egypt restores famous ram statues at Karnak Temple
Statues are located in the southern side of the Karnak Temple first…
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’s tourism revenues down 67.2% in 2020: Junior Business Association
Total of $935bn loss in global export revenues from tourism, over $1.1trn…
Ghabbour Auto’s Drive securitisation deal to result in EGP 100m gain
Drive, Ghabbour Auto’s (GB Auto) consumer finance and factoring subsidiary, has completed…
Egypt extends reconciliation over building violations until March 2021
Egypt’s Prime Minister Mostafa Madbouly has extended the period of receiving reconciliation…
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