According to a Thursday statement, the projects are the development of Giza Corniche, Giza Corniche gardens, and Munib Square.
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The first tranche of the T-Bills will be offered through 182-day notes valued at EGP 7.5bn, while the second tranche stands at EGP 7.5bn and will be offered through 364-day notes, the CBE said on its official website.
New investments will go towards constructing new factories of computer screens, TV devices
Egypt and Canada look to cooperate in fighting repercussions of global pandemic
All cultural facilities will reopen with 25% capacity limit, says Inas Abdel Dayem
The hotel is now licensed to receive guests up to 50% of its total capacity, as set by the Ministry of Tourism and Antiquities, Ministry of Health, and the Egyptian Hotel Association (EHA).
Pharmaceutical company announces formation of $40m global Novartis COVID-19 Response Fund
Maait issues decision to establish unit to follow up on tax collection for T-Bill and bond returns
IMF’s growth forecast of 3% reflects confidence in Egyptian statistical capacities, says El-Said
The bids cover the search for and exploration of gold and other minerals in the Eastern Desert, with the extension coming on the back of the ongoing implications of the coronavirus (COVID-19) pandemic. It gives companies an extended window of opportunity in which to submit offers.
Parties will subscribe to capital increase aimed at bank ownership of at least 76%
During a virtual meeting with government agencies on Wednesday, he also asked that the list reflect projects that will be most appropriately implemented through the private sector so they can be launched quickly.
Fund expects negative growth for all regions for first time in its history
Somalia, Djibouti oppose resolution’s fifth article urging Ethiopia to cease unilaterally filling GERD reservoir
Libyan people support Egyptian President Al-Sisi’s call for ceasefire, says President of Libyan House of Representatives Aguila Saleh
Abbas emphasises that returning to negotiating table requires political will
Packaged products given nutritional score based on components according to colour-coded system
Toilets remain closed, worshipers to wear face masks and bring personal prayer mats
Amendments will also see improved tax brackets and across the board tax savings for all social segments
Applications to Egyptian universities made by foreign students will remain open until 30 November
Several Marsa Alam hotels have been set aside for repatriated Egyptians who have undertaken their 14-day quarantine periods at the hotels.
Short films have seen a rise in popularity and demand as people are spending more time at home in lockdown, to curb the spread of the coronavirus.
Yemeni rivals have also agreed to meet in Saudi Arabia, commit to Riyadh Agreement
Places of worship to open for daily prayers except for Friday and Sunday gatherings, but beaches and gardens remain closed
Mercedes-AMG brand has achieved much success in sports car world, establishing it as unique high-performance brand
Survey contributors are leading players across the major cities in Saudi Arabia including Madinah, Riyadh, Jeddah, King Abdullah Economic City, and Mecca.
Executives from 72 companies representing 14 countries will connect with over 480 investors managing an aggregate $15trn in assets. Participants will access conference events through a digital platform moderated by EFG Hermes.
The report highlighted that 49% of Middle East respondents see a medium-term ‘”hockey stick” shaped economic recovery. This implies some level of stagnation for the next two to three years until signs of recovery are visible.
The essential commodities will be available at all government and rations outlets across the country, according to a presidency statement.