Egypt recorded 212 new coronavirus cases on Saturday, bringing the total infection tally to 98,497 since the outbreak mid-February, according to a health ministry statement.
The ministry also reported 14 new deaths, bringing the total deaths from (...)
Egyptian President Abdel Fattah al-Sisi appointed on Saturday a new head of the country's anti-corruption watchdog, the Administrative Control Authority (ACA).
According to Egyptian presidency spokesman Bassam Rady, Sisi appointed Hassan Abdel-Shafy (...)
Egypt's state-owned carrier EgyptAir said in a statement on Saturday it is offering discounts on airline tickets for a number of international destinations to encourage air travel.
On its flights from Cairo to Paris, the company is offering a 10 (...)
The Central Bank of Egypt (CBE) offered on Sunday treasury bills worth 18 billion Egyptian pounds ($1.1 billion) on behalf of the Finance Ministry.
The first tranche of T-bills is offered through 91-day notes valued at 8 billion pounds, while the (...)
Egyptian President Abdel Fattah al-Sisi has inaugurated on Saturday a bunch of national projects in Alexandria, the second largest city in the country, according to a presidential statement.
Sisi opened flagships in petroleum sector, Bashayer (...)
Egypt will require all passengers arriving the airports to present a negative Polymerase Chain Reaction (PCR) test for coronavirus starting September 1.
The PCR test requirement, which also covers Egyptian nationals, must be conducted a maximum of (...)
Egypt detected 223 new coronavirus cases on Friday, giving a total infection tally of 98,285 since the outbreak began in February, according to a health ministry statement.
The ministry also recorded 20 new deaths, bringing the total deaths from the (...)
Egypt sent on Friday 125 tonnes of glass by sea to support Beirut in the aftermath of a deadly explosion earlier this month.
The aid-laden ship was received by Egypt's Ambassador to Lebanon Yasser Elwi and other Egyptian and Lebanese officials.
The (...)
Abu Dhabi Commercial Bank PJSC (ADCB) is set to open in the Egyptian market on Sunday, becoming the fifth Gulf institution to join the Egyptian banking system.
ADCB has total assets worth 1.75 trillion Egyptian pounds ($110.3 billion) and is ranked (...)
Egypt's Prime Minister Moustafa Madbouly called for exercising caution to avoid a second wave of the coronavirus, according to a Cabinet statement on Wednesday.
Egypt will maintain the same preventive measures against the deadly disease, (...)
Egypt's parliament ratified two deals with the International Bank for Reconstruction and Development (IBRD), a financial arm of the World Bank Group, and the Arab Fund for Economic and Social Development (AFESD).
The deals total $743 million and (...)
The Central Bank of Egypt (CBE) has attracted 55.4 billion Egyptian pounds ($3.5 billion) in investments in the four treasury bills auctions held on Sunday and Monday.
The proceeds of the auctions, held on behalf of the finance ministry, are being (...)
Egypt registered 206 new coronavirus cases on Wednesday, bringing the total case tally nationwide to 97,825 cases since the detection of the first case in February, according to a health ministry statement.
The ministry also reported 19 new deaths, (...)
Egypt will announce next month its plans for the new academic year amid the coronavirus, Minister of Education Tarek Shawky said on Wednesday.
"The plan for dealing with the new academic year will be explained with all details by the first week of (...)
Egypt's Madinet Nasr for Housing and Development signed on Thursday a syndicated loan deal worth 1.1 billion Egyptian pounds ($69.4 million) with Commercial International Bank (CIB), the country's largest listed bank.
CIB acted as the mandated lead (...)
Banks will resume normal working hours starting 1 September, nearly six months after the Central Bank of Egypt (CBE) shortened working hours for the banking system amid strict preventive measures against the coronavirus .
Banks – working in the (...)
The United Nations Development Programme (UNDP) and Japan said they will expand a partnership supporting Egypt's crisis management to address the socio-economic impact of coronavirus with around $2.73 million funding.
During a meeting, the two sides (...)
Egyptian Orascom Construction‘s net profits dropped to $34.8 million during the first half of the current year from $61.5 million last year.
The company made first-half revenues worth $1.6 billion against $1.5 billion during the same period in 2019, (...)
A French company won a tender to supply automatic machines for issuing automatic metro tickets, said the Egyptian National Authority for Tunnels (NAT).
The machines will cover the stations of the first and second lines completely, and operate with (...)
Gold prices was flat on Wednesday, as worries over global economic outlook out-balanced signs of progress in U.S.-China trade negotiations, while investors await a speech from U.S. Federal Reserve Chairman Jerome Powell.
Spot gold was flat at (...)
Global smartphone sales plunged 20.4 percent to 295 million units during second quarter of 2020, according to a new Gartner report, Apple iPhone sales were stable.
Apple iPhone sales managed to stay relatively flat while other manufacturers, such as (...)
Egypt reported 141 new coronavirus cases on Tuesday, bringing a total tally of 97,619 cases since the outbreak began in February, according to a health ministry statement.
The ministry also recorded 18 new deaths, bringing the total deaths from the (...)
Al-Azhar‘s Grand Imam Ahmed El-Tayyeb praised the parliament after it postponed voting on a controversial draft law regulating the country's Dar Al-Iftaa, or the House of Fatwas (religious edicts).
The bill has stirred considerable controversy (...)
Egypt's President Abdel Fattah al-Sisi affirmed the country's willingness to establish joint development projects with Iraq and Jordan.
This came in a meeting with Jordan's King Abdullah II and Iraq's Prime Minister Mustafa Al-Kadhimi in the (...)
Lebanon suffered another dramatic blow as inflation surge in July mirroring the country's financial meltdown with no end in sight.
Consumer prices rose an annual 112.4 percent, compared with just under 90 percent in June, according to data released (...)
