The COVID-19 pandemic has negatively affected various economic activities, which is evident through the slowdown in consumption of basic commodities, demand for oil, and spending in the tourism sector, which coincided with the official restrictions imposed on travel and movement.
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Group’s paid-up capital reached EGP 375m, including Aman Electronic Payment, Microfinance, Financial Services
Project to reduce more than 550,000 tonnes of carbon dioxide emissions per year
The CBE noted that banks secured provisions of 98% of total NPLs at the end of March 2019. The ratio reached 100% at the 10 and five largest banks.
FRA determines six phases to implement plan
Construction may begin by end-2018, says utilities programme manager
Raya expects a leap in payments via mobile phone services mid-month
Prosecution will investigate alleged corruption in syndicate
Developing Internet speed will increase the volume of e-commerce and help in expansion, same goes for call centres, where Egypt is the pioneer country within the Middle East.
Unregistered government body debts enlarged debt problem, ministers of finance and investment responsible for presenting report to Economic Committee, says Mehleb
International financing institutions confirm attendance to Egypt’s Economic Summit this month
Visit is expected to discuss potential collaboration between the two countries
Krähenbühl says “Palestinians are not statistics”
Syndicate says proof exists that meetings with health ministry do not solve any problems
Daily News Egypt interviews the General Manager of Visa in the North and Francophone Africa region Tarek Elhousseiny
Amendments made to maximum income law, published in official gazette
Egypt’s economy was growing at about 6% annually for several years before Mubarak was ousted.
Investigations judge had ordered detention of former Al-Ahram official for 15 days
Islamic bonds forced widespread criticism
Joint Press Statement
Defendants forged official documents, taking in more than EGP 7m
All had been accused of murder among other charges
Syndicate claims similar procedures were taken with all other victims of clashes, disputed by members
Telecom Egypt claims that the dispute has to do with past arrears accrued by Mobinil and Vodafone, which total EGP 939.4m, in addition to that of Etisalat, which total EGP 125.8m.
Aim to provide electricity subsidies and ensure the safe transport of gas to factories
Egyptian Centre for Economic and Social Rights releases report demonstrating social and economic rights violations ahead of UN evaluation of Egypt’s adherence to the International Covenant on Economic, Social and Cultural Rights
The Illicit Gains Authority has ordered the renewed detention of ousted president Mubarak
Further taxes are expected
The Authority apologised to passengers affected by a nationwide railway strike that began on Sunday morning.
Pioneers Holding, Beltone Financial and the Financial Brokerage Group published their stock trading information online.