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Egypt achieves primary surplus of EGP 14bn during H1 FY20/21 despite COVID-19
Egypt recorded a primary surplus of EGP 14 billion during the first half (H1) of fiscal year 2020/2021 despite the negative impact of the coronavirus (COVID-19) pandemic on economy, the Minister of…
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Four insurers lining up bids for TAQA Arabia’s insurance policy
Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia’s assets, sources familiar with the matter told Amwal Al Ghad on Sunday
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Private sector, green activities to help Mideast, Africa recover from coronavirus: Mashora
A greater private sector participation in the economy and wider green-led activities and investments are expected to drive recovery from the pandemic in the Middle East and Africa in 2021, but…
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Egypt inflation eases to 5.1 % during 2020, to its lowest since October on food prices
Egypt's annual headline inflation rate registered 5.1% in 2020, compared to 8.5% in 2019, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Sunday
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Egypt’s Vision 2030 updated in line with changes caused by COVID-19
Egypt has updated its Vision 2030 in line with social and economic developments, following the country’s success in implementing its economic reform programme, and the changes caused by the novel…
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Egyptian President inspects Mostaqbal Misr project for sustainable agriculture
President Abdel Fattah El-Sisi inspected on Friday Mostaqbal Misr project for sustainable agriculture in Dabaa city, Marsa Matrouh governorate.
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Car Gas, Gastec sign agreements to establish natural gas refuelling stations
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, witnessed the signing of agreements between the Natural Gas Vehicles Company (Car Gas), the Egyptian International Gas…
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African free trade bloc opens for business, but challenges remain
African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavirus pandemic.
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How Egypt’s economy showed resilience in face of coronavirus pandemic during 2020
Egypt’s economy has withstood the shocks caused by the outbreak of the coronavirus pandemic in February through the adoption by the government of an extraordinary combination of economic and monetray…
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Egypt negotiating with AstraZeneca, Pfizer to obtain coronavirus vaccines
Egypt is negotiating with Sinopharm, AstraZeneca and Pfizer to obtain coronavirus vaccines, said Cabinet Spokesperson Nader Saad, who added that Egypt is set to receive half a million doses from…
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