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The National Bank of Egypt (NBE) and the International Finance Corporation (IFC) signed on Tuesday a cooperation agreement on funding solar-powered water pumps. NBE Chairman Hisham Okasha said the deal shows that the bank is keen on supporting Egypt...اقرأ المزيد
Some new customs facilities had been approved in line with the exceptional circumstances imposed by coronavirus crisis, and the repercussions of it related to stopping the movement of marine and land travel between countries, and obliging the Egyptians...اقرأ المزيد
The Egyptian Exchange (EGX) ended Monday in green, adding LE 5.8 billion to market capitalization, amid Egyptian purchases. The benchmark EGX30 rose 1.17 percent, or 128.29 points, to close at 11,087.64 points. The equally weighted index EGX 50 increased...اقرأ المزيد
Egypt acquired the lion’s share of investments in Middle East and North African startups in the first half of 2020, according to a report conducted by MAGNiTT, a leading data platform for start-ups. Investments in Middle East and North African...اقرأ المزيد
The Egyptian Tax Authority decided to continue to apply the provisions of Instructions No. (46) for the year 2020 issued regarding the mechanism for lifting detention on financiers or registrants, until September 30, 2020. This comes through the state...اقرأ المزيد
Cooperation between Egypt and the Islamic Development Bank Group recorded $12.8 billion through 338 projects, Minister of Trade and Industry Nevine Gamea said Monday. This came during the private sector seminar of the Islamic Development Bank Group on...اقرأ المزيد
Sources at the Egyptian Railway Authority (ERA) told Egypt Today that the fifth batch of the train engines supplied by General Electric will arrive in August. The batch will consist of 20 units bringing up the total supplied units to 90. Until present,...اقرأ المزيد
Egypt’s Minster of State for Information Osama Heikal on Sunday said he and his family have recovered from the novel coronavirus, about two weeks after he announced self-isolation after he came in contact with a COVID-19 patient. “Today is my first...اقرأ المزيد
Minister of Transportation Kamel al-Wazir held a meeting Sunday with the chairperson and board members of the Egyptian Railway Authority (ERA) to follow up on the accomplishment rate of the development of stations and railways. The set plan provides the...اقرأ المزيد
The newly-appointed heads of Egypt’s press and media organisations took the constitutional oath before the House of Representatives on Sunday. On June 24, President Abdel Fattah El Sisi reshuffled media and press organizations, naming Karam Gabr...اقرأ المزيد
