IMF reaches staff-level agreement with Egypt on $5.2 B loanFri, Jun. 5, 2020
The International Monetary Fund announced, Friday reaching a Staff-Level agreement on a 12-Month $5.2 Billion Stand-By loan arrangement.
Int'l institutions forecast positive growth rate for Egypt's economy: ministerFri, Jun. 5, 2020
The government targets to boost investments in the higher education sector by 100 percent and IT sector by 300 percent, the minister added.
AfDB probes offering additional funding to help Egypt cushion COVID-19 impacts: officialFri, Jun. 5, 2020
Blomberg noted that an agreement would soon be signed with the Egyptian government on emergency grant funding worth $500,000 for the categories harmed by COVID-19.
EGX ends week in green, market cap. gains LE 9.51BThu, Jun. 4, 2020
The benchmark EGX30 rose 1.89 percent, or 197.04 points, to close at 10,621.14 points.
2,176 projects in Egypt’s 27 governorates financed through Saudi grantThu, Jun. 4, 2020
Mashat added in a statement that the Kingdom of Saudi Arabia’s grant in Egypt contributed to achieving the goals of sustainable development and creating new job opportunities.
Planning Ministry: ٬LE 2B to be pumped for renovating Bab el Azab archaeological areaThu, Jun. 4, 2020
This came in a video published by the Ministry of Planning and Economic Development on the social media.
Planning minister: Performance of Egyptian economy one of the best amid virus crisisThu, Jun. 4, 2020
This came in a report published by the Ministry of Planning to give analysis on the development of some indices related to the economic and social performance during the third quarter of the current fiscal year 2019/2020.
Electricity generated from renewable energy rises 3% in 2017/18Thu, Jun. 4, 2020
the amount of electric energy generated from renewable energy (solar - wind) increased in 2017/2018, recording 2871 GWh, compared to 2780 GWh in 2016/2017.