8/5/2020 - The Egyptian Exchange (EGX) indexes gained EGP 3.5 billion at the end of the trading session . The market capital hit about EGP 593.5 billion. The EGX 30 benchmark index went up by 0.79 per... |
8/6/2020 - Egypt’s net foreign reserves rose slightly to US$38.315 billion in July from $38.202 billion in June, the central bank said Foreign reserves had dropped since March from a high of more tha... |
8/10/2020 - The Egyptian Exchange (EGX) indexes posted collective gains during trading session, backed by purchases of local institutions and investment funds, against selling operations by Arab and foreign inves... |
8/11/2020 - The COVID-19 crisis has altered Egypt’s macroeconomic outlook, as the country’s growth in FY2019/2020 and FY2020/2021 had already been lowered to 2 and 2.8 percent in May and June, compared to the pre... |
8/24/2020 - Minister of Trade and Industry Niveen Gamea' said that an agreement was reached with the Sudanese side to outline a work plan to overcome the hindrances facing the flow of trade between Egypt and Suda... |
8/24/2020 - Egypt’s current FY2020/2021 budget aims to reduce the poverty rate to 30 percent, down from 32.5 percent in FY2017/2018, and to reduce the extreme poverty rate to 5 percent, Minister of Planning and E... |
8/24/2020 - The Central Bank of Egypt (CBE) is set to offer two types of treasury bills (T-bills) in Egyptian pounds worth EGP 19 billion, including 91-day term T-bills worth EGP 8.5 billion, and 266-day term T-b... |
8/25/2020 - The United Nations Development Programme (UNDP) and the government of Japan have said they will expand an existing partnership supporting Egypt’s crisis management in order to address the socio-econom... |
8/30/2020 - The Ministry of Finance auctioned treasury bills at a total value of EGP 18 billion. In a statement released on Sunday 30/8/2020, the ministry said it sold 91-day T-bills worth EGP 8 billi... |
8/30/2020 - Head of the Armed Forces' Engineering authority Ihab el Far said that 14,762 projects had been completed at EGP 2.2 billion, while 4,164 projects would be implemented at EGP 2.6 trillion. A... |
8/31/2020 - Egypt signed a $2 billion conventional and Islamic loan with several international and regional banks in a deal coordinated by two UAE lenders, the finance ministry said . Emirates NBD Capi... |
9/7/2020 - Prime Minister Mostafa Madbouli met with Central Bank of Egypt (CBE) Governor Tarek Amer, where the premier got updated with the banking sector developments since the crisis of the global outbreak of ... |
9/8/2020 - Head of the Financial Regulatory Authority Mohamed Omran said that the prime minister issued a decision amending some rules of the regulation of the Capital Market Law. In a statement, Omr... |
9/8/2020 - Minister of Housing, Utilities and Urban Communities Essam El Gazzar met with members of the Real Estate Export Council to discuss mechanisms of propelling the exportation of properties, especially th... |
9/8/2020 - Egypt’s foreign reserves hit US$38.366 billion in August, an increase of $51 million from July, statement by the Central Bank of Egypt (CBE) announced. Egypt imports a monthly average of fi... |
9/8/2020 - Bahrain’s Bank ABC said it was in preliminary talks to buy Blom Bank’s Egyptian subsidiary, pitting it against Dubai’s Emirates NBD, which is also a potential bidder. Blom has hired CI Capi... |
9/15/2020 - Minister of International Cooperation, Dr. Rania Al-Mashat, announced that the ministry, during the period January to the end of August of this year 2020, signed three agreements worth about $885 mil... |
9/16/2020 - The Central Bank of Egypt (CBE) has decided to maintain the validity of a number of procedures it has adopted as pre-emptive measures since the onset of the COVID-19 outbreak until the end of the year... |
9/21/2020 - The Cabinet’s Information and Decision Support Center (IDSC) has issued a report on Egypt’s achievements during the coronavirus pandemic. The Egyptian economy was hit by the negative impact... |
9/21/2020 - The Central Bank of Egypt has managed to attract more than EGP 21 billion in investments from EGP treasury bills (T-bills). The CBE offered 266-day T-bills and 91-day T-bills in an auction ... |