economy

Egyptian govt. to provide assistance to private sector if needed: Sisi
Egypt

Egyptian govt. to provide assistance to private sector if needed: Sisi

Egypt’s government will provide assistance to the private sector of the economy if needed, President Abdel Fattah al-Sisi said on…
National Bank of Egypt opens bank account for donations against coronavirus
Economy

National Bank of Egypt opens bank account for donations against coronavirus

The National Bank of Egypt (NBE) on Monday opened bank account #111111 to receive donations from citizens supporting doctors and…
‘Complete collapse of economies’ ahead as Africa faces virus
World

‘Complete collapse of economies’ ahead as Africa faces virus

KAMPALA, Uganda (AP) — Some of Uganda’s poorest people used to work here, on the streets of Kampala, as fruit…
Egypt confirms six new deaths, 69 additional coronavirus cases, raising total to 779
Egypt

Egypt confirms six new deaths, 69 additional coronavirus cases, raising total to 779

Egypt on Wednesday confirmed six additional deaths and 69 new coronavirus cases, bringing the country’s number of confirmed total cases…
Central Bank of Egypt slashes key interest rates by 3 percent
Business

Central Bank of Egypt slashes key interest rates by 3 percent

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) during an unscheduled meeting on Monday has chosen to slash…
Major banks move to calm coronavirus fears as toll passes 6,000
World

Major banks move to calm coronavirus fears as toll passes 6,000

The US Federal Reserve and other central banks announced on Sunday a bold set of measures to shore up confidence…
US-China trade truce at risk as virus hits global economy
World

US-China trade truce at risk as virus hits global economy

A hard-won trade war truce between the US and China is at risk as the coronavirus pandemic rocks the global…
Coronavirus to cause first annual decline in oil use in decade: IEA
World

Coronavirus to cause first annual decline in oil use in decade: IEA

The world is set for its first annual decline in oil consumption in more than a decade due to the…
Women hold 45% of Egypt’s public jobs, more than global average: Minister
Egypt

Women hold 45% of Egypt’s public jobs, more than global average: Minister

Minister of Planning and Economic Development Hala al-Saeed announced Saturday that Egypt’s women hold 45 percent of total governmental jobs…
Egypt most attractive to stock portfolios among emerging markets: Minister
Economy

Egypt most attractive to stock portfolios among emerging markets: Minister

International praise for Egypt’s continued improvement in its economic performance opens up new horizons in attracting foreign investments, Finance Minister…
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