Browsing Category
Main
AfDB pledges $17bln to stop hunger in Africa, strengthen food security
The African Development Bank and the International Fund for Agricultural Development (IFAD), the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, will work closely…
Read More...
Read More...
Egypt, Libya discuss stepping up investments
Egypt discussed stepping up investments during a meeting between Chairman of the General Authority of Free Zones and Investments (GAFI) Mohamed Abdel Wahab and head of the Libyan Investment Authority…
Read More...
Read More...
Egypt to construct largest petrochemical complex in Ain Sokhna with investments of $7.5B
Egypt has signed a $7.5 billion deal to build a petrochemical complex in the Ain Sokhna industrial zone, the Cabinet announced in a statement on Wednesday.
Read More...
Read More...
Egypt disburses EGP 25.5 bln export subsidies since March 2020: Maait
Egypt has disbursed a total of 25.5 billion Egyptian pounds to exporters since the onset of the pandemic in Egypt in March 2020 through six initiatives aimed to support the export sector, Minister of…
Read More...
Read More...
OPEC lends Egypt $95m to finance small projects
The Presidential Decision No 454 of 2020, published in the Thursday edition of the Official Gazette, has announced the approval of a $95m loan agreement between the Egyptian Government and the OPEC…
Read More...
Read More...
Egypt’s domestic liquidity grows to EGP 5.134 trillion in Q1
Egypt’s domestic liquidity rose to 5.134 trillion Egyptian pounds ($327.7 billion) in the first quarter of the year from 4.920 trillion pounds at the end of 2020.
Read More...
Read More...
Egypt’s exports to Saudi Arabia rise 13% in 2020 despite pandemic
Egypt’s exports to the Saudi market grew by 13% to $2.6 billion in 2020, compared to $2.3 billion a year earlier.
Read More...
Read More...
Egypt may retain 40% of pre-pandemic number of tourists by end of 2021: EJB
The total amount of tourists who are expected to visit Egypt by the end of 2021 could reach reach five to six million tourists, which represents 40 percent of the total amount of tourists that…
Read More...
Read More...
Egypt launches 2nd phase of economic reform program with focus on structural reforms
Egypt has launched the second phase of its economic reform programme, which shifts focus on structural reforms, after a wrap-up of the first phase of the IMF-backed economic reform programme that has…
Read More...
Read More...
CBE decides to leave key interest rates unchanged
The Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25…
Read More...
Read More...


