Funds used by the Central Bank of Egypt's (CBE) Industry, Agriculture, and Contracting Support Initiative amounted to EGP 69bn at the end of June, according to an official CBE source.
The funds, which were granted under the initiative to about 4,291 (...)
Military airplanes struck an airbase in west Libya, on Sunday, that was recently recaptured by the Government of National Accord (GNA) from the the Libyan Arab Armed Forces (LAAF), a military source told Reuters.
The strikes were carried out by (...)
Egypt is likely to face a drop in birth rate in the period following the novel coronavirus (COVID-19) pandemic, according to Dr Tarek Tawfik, Deputy Minister of Health for Population Affairs.
The anticipated drop in births is set to come off the (...)
The ministries of planning and economic development, and environment, have agreed that 30% of Egypt's investment projects in fiscal year (FY) 2020/21 plans will be implemented according to environmental sustainability and green economy (...)
Gold sales have continued to grow in Egypt for the second week despite high prices, according to Ragab Hamed, Associate Director at Sabayik al Kuwait for precious metals trading.
Prices for the precious metal have recently touched EGP 911,000 per (...)
In a White House speech on Saturday to mark Independence Day on 4 July, US President Donald Trump repeated the vow to defeat the "radical left".
During his speech, President Trump also condemned recent protests against monuments to historical (...)
Egypt has condemned attacks carried out on Friday by the Iran-backed Houthi movement in Yemen on Saudi territories.
The Houthi movement had launched four drones loaded with explosives towards Saudi Arabia, but the drones were intercepted and (...)
The Ministry of Culture has announced the programme for resuming theatrical and musical activities across Egypt, after three months of closure due to the novel coronavirus (COVID-19).
On Saturday, Minister of Culture Inas Abdel Dayem approved the (...)
The Central Bank of Egypt (CBE) initiative to finance micro, small, and medium-sized enterprises (MSMEs) provided about EGP 181bn between January 2016 and March 2020.
The initiative was launched by the CBE in January 2016, under the guidance of (...)
President Abdel Fattah Al-Sisi approved, on Thursday, draft laws governing legislative elections, including a law on the Senate's formation, amendments to parliament, and on the Exercise of Political Rights, local media reported.
The Senate law (...)
Egypt's National Research Center (NRC) is in the pre-clinical development phase of four vaccines against the novel coronavirus (COVID-19), according to Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar.
In a ministry (...)
Minister of Culture Inas Abdel Dayem announced, on Thursday, that her ministry will re-open 16 public libraries in 10 governorates across Egypt from 5 July.
As the country's cultural activities gradually resume following closures to curb the spread (...)
The Ministry of Education's central operations room said, on Thursday, it detected eight cases of cheating using mobile phones on the fourth day of Thanaweyya Amma (final secondary school) exams.
The cases of cheating were spotted at exam committees (...)
Qalaa Holdings recorded revenues of EGP 10.4bn in the first quarter (Q1) of 2020, marking a 191% increase year-on-year (y-o-y), it announced in its consolidated financial results for the quarter.
On Wednesday, the company released its consolidated (...)
The Commercial International Bank – Egypt (CIB) has announced it has signed an agreement to obtain a $100m support loan from CDC Group, the UK's impact investor and development finance institution.
The support loan will be included in the tier 2 (...)
The US dollar has depreciated by 4 piasters against the Egyptian pound since the beginning of the week. The Egyptian currency's rise was buoyed by positive news, including International Monetary Fund (IMF) approval on a new $5.2bn financial (...)
Egypt's Ministry of Environment announced on Wednesday that its Migratory Soaring Birds Project has won the Energy Globe Award, for its leading role in conserving migratory birds as a natural resource.
The project, which is supported by the United (...)
At least 50 protesters and security force personnel were killed during deadly protests in Ethiopia on Tuesday, Reuters has reported.
Citing spokesperson for the Oromia regional government, Getachew Balcha, Reuters said the protests took place (...)
President Abdel Fattah Al-Sisi received, on Wednesday, the credentials of six new ambassadors to Egypt, according to a presidency statement.
Al-Sisi received the credentials of the ambassadors of Bahrain, Russia, Tanzania, Senegal, Latvia, and (...)
Egypt's Public Treasury Authority has paid EGP 160.5bn to the National Organization for Social Insurance (NOSI) as the first instalment of a debt settlement deal between the Ministry of Social Solidarity and the Ministry of Finance.
Minister of (...)
President Abdel Fattah Al-Sisi has said that the 30 June Revolution preserved the Egyptian identity from hijack.
Speaking on the revolution's seventh anniversary, Al-Sisi said, "History will stand still at the glorious 30 June Revolution, which will (...)
The Egyptian Information, Telecommunications, Electronics and Software Alliance (Eitesal) will organise a workshop entitled "Raising the value of the software industry at the lowest cost and in the fastest time".
The workshop, which has been (...)
The Ministry of Interior has neutralised two militants in North Sinai who were plotting to carry out aggressive attacks against police and military personnel, a ministry statement on Tuesday read.
The attacks, which were planned for the Jelbana area (...)
The Ministry of Environment announced on Tuesday that the Abu Galoum Protected Area in South Sinai is seeing the emergence of the whale shark.
The shark's reappearance in the area's waters came during a campaign to clean-up the Red Sea floor in (...)
Minister of Health Hala Zayed and Minister of Local Development Mahmoud Shaarawy have held discussions on boosting Egypt's health facilities and increasing their efficiency.
The discussions were held as Egypt continues its fight against the novel (...)
