2nd phase of Haya Karima covers 1,600 villages with a population of 21 million

Wed, 31 May 2023 - 09:18 GMT

The initiative covers, in its second phase, 52 centers comprising 1,600 villages with a population of approximately 21 million.

Egypt has attracted $385 million from initiative allowing expats to import customs-free cars; deadline on 14 May

Sat, 08 Apr 2023 - 05:12 GMT

The Egyptian government has attracted $385 million from expatriates as part of an initiative allowing them to import cars for personal use free of customs duties and taxes in exchange for a deposit in foreign currency.

CBE unveils rules of new loan initiative to support industry, agriculture with 11% interest rate

Wed, 08 Mar 2023 - 05:27 GMT

The total value of the Finance Ministry's initiative, approved by the cabinet in January, is LE 150 billion, the largest share of which (LE 140 billion) will be used to finance capital money, and the other LE 10 billion is dedicated to financing the purchase of capital goods.

Egyptian Cabinet approves LE 150B initiative for productive sectors

Wed, 18 Jan 2023 - 01:46 GMT

According to a statement issued, Wednesday, the initiative aims to reduce the interest rate on loans provided to the industrial and agricultural sectors, within the framework of continuous support for these sectors and their activities.

Egypt to adopt LE 150B initiative to back production sectors, cut loans’ interests

Sat, 14 Jan 2023 - 11:17 GMT

Egypt will adopt a five-year initiative worth LE 150 billion to support the agricultural and industrial production sectors, especially by reducing their loans’ interests, in the face of the repercussions of the global crises, the Cabinet has announced.

MENA report highlights CBE initiatives to ease repercussions of Covid-19

Wed, 23 Feb 2022 - 12:43 GMT

Proactive measures have also been taken, further alleviating the negative impact of Covid-19, which broke out in 2020.

1.7 million children examined for early detection of hearing loss in Egypt

Sun, 11 Jul 2021 - 12:59 GMT

The initiative was launched in September 2019.

‘Speak Arabic’ online application launches targeting Egyptian children abroad

Mon, 24 May 2021 - 10:05 GMT

The application reinforces the “Speak Arabic” initiative that was launched in October 2020, with the aim of linking Egyptians abroad to their motherland.

Egypt's central bank raises maximum of financing in initiative to replace, renovate hotels

Wed, 19 May 2021 - 01:56 GMT

It indicated that this comes in light of the continuous follow-up of the performance of these initiatives and with the aim of continuing to support the tourism sector and its workers in light of the continuing effects of the coronavirus crisis.

2nd phase of Haya Karima targets 4,670 villages in next 2 years

Mon, 17 May 2021 - 02:39 GMT

The second phase of the Haya Karima initiative will target 4,670 villages in the coming two years.

Egyptian Ministry of Environment, Nestlé Egypt and 6 FMCGs reshape the understanding of plastic waste recollection & recycling through a Post-Consumer Plastic Waste Pact Pact

Fri, 02 Apr 2021 - 10:35 GMT

In 2019 Nestlé launched the trial phase of its initiative DORNA, which aims to incentivize waste collectors for boosting their collection of plastic waste.

Egypt's central bank celebrates winners of “FinYology – FinTech for Youth” Initiative

Mon, 29 Mar 2021 - 03:07 GMT

The initiative was launched in February 2020, with the objective of fostering young talents and inspire university students of different related majors to conduct FinTech Projects and innovative solutions.

Egypt to launches initiative to replace old cars before end of March

Tue, 09 Mar 2021 - 01:41 GMT

“Cars are required to be assembled in Egypt, with a local component ratio of no less than 45 percent,” the minister pointed.

Egypt spends LE 21.5B to support export sector, exporters

Wed, 17 Feb 2021 - 10:47 GMT

Maait clarified that the last initiative was "immediate cash payment" with a 15 percent discount.

Egypt, EU launch ‘Young Water Ambassadors Initiative’

Mon, 14 Dec 2020 - 10:15 GMT

The "Farmers Water Ambassadors Initiative" will be launched involving farmer-pioneers in the use of modern irrigation methods.

Egypt's 'Respectful Life' initiative to develop 1K low-income villages

Thu, 10 Dec 2020 - 01:34 GMT

The initiative, which was launched in 2019 and has developed 375 villages, focuses on three aspects.

Egypt allocates LE 207.5M to water and sanitation services through Decent Life initiative

Sun, 04 Oct 2020 - 02:03 GMT

The initiative of a decent life aims to provide a decent life for the most-needy community groups, and to raise the economic, social and environmental level, and enable them to obtain all basic services.

Egypt launches 'Tanmaya' competition for the best initiative applies SDGs

Mon, 21 Sep 2020 - 09:38 GMT

The call for application is now open and will be closed by 31 October 2020, and applications can be sent via the attached links on the State Ministry of Information’s official Facebook page.

Egypt’s Sisi welcomes Libyan leaders’ cease-fire initiative

Fri, 21 Aug 2020 - 11:36 GMT

The cease-fire initiative that has been declared by Libyan Speaker of the House of Representatives Agila Saleh and head of the Presidency Council Fayez Al-Sarraj.

Funding for SMEs support initiative amounts to about LE180B: CBE governor

Wed, 19 Aug 2020 - 09:09 GMT

All indicators reflected the ability of the Egyptian state to cross the repercussions of the coronavirus in order to maintain the stability of its financial and monetary indicators according to the figures and data of the balance of payments for 2019/2020.