Egypt remains Africa’s top foreign direct investment (FDI) despite the 39 percent drop witnessed in 2020 due …
Tag:
Coronavirus
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Egypt has sent on Monday a planeload of medical supplies and medicines to Jordan to help it …
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FeatureIndustry & TradeTech/AI
Egypt’s Giza Spinning delays IPO until Q1-2022 amid coronavirus jitters
Egyptian textiles company Giza Spinning and Weaving is delaying plans for an initial public offering (IPO) until …
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Egypt has allocated between $1.5 billion and $1.6 billion to purchase vaccines against COVID-19, Minister of Finance …
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BanksFeatureMoney
BREAKING: Egypt’s central bank tells banks not to pay dividends to shareholders to protect capital
Egypt’s central bank issued on Monday new guidelines, including banning banks from distributing profits to shareholders to …
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EGXFeatureStocks
Egypt’s stock market indices dive on Monday amid jitters over new coronavirus strain
Egypt’s stock exchange’s (EGX) indexes plunged on Monday as a fast-spreading new coronavirus strain in Britain threatened …
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EgyptAir is ready to transport doses of the anticipated coronavirus vaccine to Egypt and any other destinations, …
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FeatureFinancial InstitutionsMoney
Egypt ranked 1st in Africa, 3rd in MENA in coronavirus resilience ranking: Bloomberg
Egypt has been ranked first across Africa, third in the Middle East region, and 25th globally in …
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Egypt NewsFeatureNews
Egypt sees receiving first batch of coronavirus vaccine in May 2021 – official
Egypt is expected to receive doses of one of the coronavirus vaccines in May 2021 through the …
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FeatureIndustry & TradeTech/AI
Egypt’s El Sewedy Electric 9-month net profit falls 30.5% amid coronavirus
Egypt’s El Sewedy Electric reported on Sunday a 30.5 percent decline in net profit for the first …