15.4% increase in newly-established firms during June: GAFI

Mon, 13 Jul 2020 - 12:47 GMT

The surge in the number of firms led to a 71.7 increase in the capital of exports of these companies in June to record LE 7.9 billion, against LE 4.6 billion in June 2019.

IMF Slashes Middle East and Central Asia Growth Forecasts

Mon, 13 Jul 2020 - 12:38 GMT

The latest projection is 2 percentage points lower than the fund's April estimate, the IMF said in its latest Middle East and Central Asia Economic Outlook.

Expolink to organize digital business mission to Kenya on July 27

Mon, 13 Jul 2020 - 12:30 GMT

Expolink chairman Khaled el Mikati said the mission aims to boost the Egyptian food exports to the Kenyan markets and eastern African countries.

Kuwait: 1,215 stranded Egyptians fly home on 7 flights

Mon, 13 Jul 2020 - 11:58 GMT

The flights are operated by the airlines of Kuwait Airways, Jazeera Airways and EgyptAir companies, the statement added.

Planning, environment ministers probe mechanisms of green economy transformation

Mon, 13 Jul 2020 - 11:32 GMT

Saeed added that the size of these projects is set to be upped to reach 100 percent throughout the coming three years.

Cabinet: EGP best performance among emerging markets currencies over 3 years

Mon, 13 Jul 2020 - 11:29 GMT

The Egyptian pound is the least affected by the coronavirus ramifications, a matter which proves the State's successful policies at the economic level, according to an infographic.

Banking official: Int'l funds pumped $3B new investments in Egypt's market in a month

Mon, 13 Jul 2020 - 10:39 GMT

On Sunday, the local market received $367 million, the source added.

Saudi-led forces destroy two missiles, six ‘bomb-laden’ drones launched from Yemen

Mon, 13 Jul 2020 - 09:46 GMT

The attacks were launched by the Houthis in Yemen “to deliberately target civilians in the kingdom”, SPA quoted Turki Al-Malki, the spokesman of the coalition in Yemen as saying.

Finance minister says fund to encourage consumption to be launched soon

Sun, 12 Jul 2020 - 04:19 GMT

The fund-to-be aims to increase consumer capabilities among citizens, he said during the inauguration of a number of national projects earlier today.

Planning min.: IsDB provided total funding of $12.8B for Egypt

Sun, 12 Jul 2020 - 04:15 GMT

In a press statement, Saeed lauded measures taken by the bank to combat the novel coronavirus through providing urgent aid for member states and Muslim communities in non-member states.

Coptic Orthodox Church celebrates end of Apostles’ Fast

Sun, 12 Jul 2020 - 03:40 GMT

The Coptic Orthodox Church celebrated on Sunday the end of the Apostles’ Fast with a mass held by Pope Tawadros II of Alexandria and Patriarch of St. Mark Diocese.

Egypt's Education ministry denies Thanaweya Amma exam-leak

Sun, 12 Jul 2020 - 11:58 GMT

There is no leakage of any part of the exams students are taking today, the statement read.

Egypt's International Cooperation: Coronavirus ordeal highlighted importance of societies rallying efforts

Sun, 12 Jul 2020 - 10:29 GMT

The minister said the current pandemic underscored the need of reshaping the world's economic and social systems.

Egypt’s PM: National housing program serves more than 240K families

Sun, 12 Jul 2020 - 10:23 GMT

This program, which was launched by President Sisi over the past six years, aims at serving ordinary Egyptians and offering good services to them.

Egypt in talks with Albania over tourism traffic resumption

Sun, 12 Jul 2020 - 09:28 GMT

This came in a phone contact between the two ministers, the Tourism and Antiquities Ministry said in a statement on Sunday.

PM follows up workflow in Sisi 's Decent Life initiative

Sun, 12 Jul 2020 - 09:22 GMT

Madbouly voiced the government's keenness on ameliorating services offered to citizens in the various governorates, especially in Upper Egypt, in line with the president's directives.

Germany's COVID-19 registered cases reach 198,556

Sat, 11 Jul 2020 - 02:32 GMT

The death toll grew by six to 9,060 people within the same period of time. Some 184,400 people have recovered since the start of the outbreak.

Russia reports 6,611 new coronavirus cases

Sat, 11 Jul 2020 - 02:29 GMT

The number of recovered patients diagnosed with coronavirus increased in Russia by 8,378 over the day, a total of 497,446 people recovered.

Italy, France defense ministers reject military solution in Libya

Sat, 11 Jul 2020 - 10:21 GMT

They have excluded the military solution to the crisis, during their meeting, and affirmed full joint commitment to combat violations of the arms embargo in Libya.

Egypt's Culture minister mourns choreographer Mahmoud Reda

Fri, 10 Jul 2020 - 02:48 GMT

Minister of Culture Inas Abdul Dayem mourned veteran Egyptian dancer and choreographer Mahmoud Reda, who passed away on Friday at the age of 90.