News
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How to make Egyptian bonds more desirable?
This poor showing reflects market uncertainty, with investors anticipating another devaluation in the Egyptian pound.
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Application deadline for tax-free car import is 14 May
Maait added that the Egyptians abroad imported 600 cars under the initiative, and the total value of payment amounted to $385m so far.
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World Bank issues negative forecast for Egypt’s economy
On March 14, the Egyptian government announced an expected growth of the economy during the current fiscal year by 4.2 percent.
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Egypt ranks 4th globally in terms of density of independent professionals
Talaat explained that MCIT developed a strategy five years ago to expand training grants and the number of trainees from 4,000 to 225,000 trainees.
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CBE auctions EGP 40 bln in treasury bills to fund budget deficit
The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) worth EGP 40 billion ($1.30 billion) on Sunday, divided into two issues.
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Q Developments initiates it business in Egypt’s real estate market
Q Developments plans to launch 3 projects in North Coast and Alexandria, with investments worth EGP 9bn.
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Egypt, Greece emphasize importance of their strategic relations
Greek FM Nikos Dendias and Egyptian Ambassador in Athens Omar Amer asserted the importance of strategic relations between the 2 countries.
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Russian wheat cheapest on C&F basis in Egypt tender
The cheapest free on board offer was $272 per tonne for 60,000 tonnes of Ukrainian wheat, presented by Viterra.
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Your Project initiative injects EGP 26bn in 203,300 projects: Local Development Minister
The project financed more than 203,300 projects with over EGP 26bn, pointing out that these projects provided about 1.5 million job opportunities.
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Over 300 centers for pre-marriage medical tests spread nationwide
The number of the centers for pre-marriage medical tests increased to 313 centers nationwide, Health Minister Khaled Abdel Ghaffar said.
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Gold prices in Egypt fall 2% affected by bank certificates high yields
The 21-karat gold price, the most common, recorded EGP 2,165 per gram on Saturday, down by 2% compared to last week’s EGP 2,210 per gram.
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MoPMR Demonstrates Excellence in Complaint Resolution in March
This came during Prime Minister Mostafa Madbouly’s review of the government complaints system’s progress last March.
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Over 42 mln Egyptians have money accounts
Egypt's financial inclusion rates have improved between 2016 and 2022 by 147 percent, according to figures released by the Central Bank of Egypt (CBE)
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Five Million Students Across Egypt Are Now Exempt From Tuition Fees
These exemptions were made possible through the ‘Takaful’ program or the ‘Equal Educational Opportunities’ initiative.
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267,000 newborns examined as part of presidential initiative
The second phase entails screening newborns in all nurseries of university hospitals, private hospitals and health units nationwide.
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Egypt establishes 1st factory producing electricity from Biogas
The factory also contributes to reducing greenhouse emissions by about 5,000 tons of carbon dioxide.
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Egypt treasury gained $385 mln under special car-import deal for expats
The deadline for receiving requests to import cars under the initiative is 14 May, Maait stressed.
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Raising interest rates negatively affects mobile companies
The mobile companies asked the National Telecommunications Regulatory Authority to raise the prices of mobile services.
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Egypt to host World Urban Forum in 2024
The main areas of cooperation between the government and the program include working to implement the presidential initiative “A Decent Life".
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Great Transfiguration" project in Egypt’s Sinai to become global destination
The project seeks to turn the sacred mountainous area in St. Catherine into a spiritual destination for medical and environmental tourism.