23:40

cairo, gmt + 2

10 August

Monday, 2020

The Consumer Price Index in Egypt has recorded a negative monthly rate of 0.1 percent in July, compared to negative 0.3 percent for the same month last year, the statement added.

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Planning Ministry adopts new electronic system to assess govt performance

Mon, 10 Aug 2020 - 11:42 GMT

It is a quarterly assessment that is based on strategic performance indicators, said Planning Minister Hala el Saeid Monday.

Cooperation protocol to develop technological infrastructre of Agriculture Ministry

Mon, 10 Aug 2020 - 11:34 GMT

The two-year duration protocol aims at activating the applications of information technology as a main engine to develop electronic services presented to the workers in the agricultural sector and remove the administrative obstacles.

Egypt’s annual inflation records 4.6% in July, rises 0.2% monthly

Mon, 10 Aug 2020 - 10:27 GMT

On a monthly basis, inflation recorded 107.8 points in July 2020, marking an increase of 0.2 percent compared to June 2020.

Egypt's central bank issues LE 6.5B in T-bonds Monday

Mon, 10 Aug 2020 - 09:50 GMT

The T-bonds were offered in two installments, with the first valued at LE 3.5 billion with a five-year term.

Egypt disburses LE346M for regular workers affected by coronavirus

Sun, 09 Aug 2020 - 03:16 GMT

Saafan said in a statement Sunday, that the value of subsidies amounted to LE 346.806 million for about 299,530 working in 3,393 establishments affected by the emerging coronavirus pandemic, at a rate of 100 percent of the basic wage of workers.

EGX flags in green Sunday, market cap. gains LE 5.3B

Sun, 09 Aug 2020 - 03:03 GMT

The benchmark EGX30 rose 1.34 percent, or 145.23 points, to close at 10,962.52 points.

ELSEWEDY ELECTRIC's subsidiary signs $38.6M contract in Congo

Sun, 09 Aug 2020 - 02:22 GMT

ELSEWEDY ELECTRIC for Transmission & Distribution of Energy signed a contract with the “SOCIETE NATIONALE D ELECTRICITE” (SNEL) on August 6, in Congo.

IDA plays imp. role to attract investments -- Minister

Sun, 09 Aug 2020 - 01:41 GMT

The IDA, is the technical arm of the Ministry.

Egypt discusses with EIB activating €1.1B funding

Sun, 09 Aug 2020 - 12:20 GMT

“The objective of financing the urban transport sector with €1.1 billion is to enhance the transition from private cars to a more efficient means of transportation” the Minister noted.

Egypt’s central bank issues LE19B on T-bills Sunday

Sun, 09 Aug 2020 - 12:02 GMT

T-bills are issued every Sunday and Thursday.

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