Last Update 0:31
Saturday, 28 November 2020
'The Egyptian economy performed better than expected despite the pandemic' says IMF
Sawiris chairs private gold mining group La Mancha and said in February that he was holding talks to acquire a 51% stake in Shalateen
The IMF's managing director Kristalina Georgieva said that the governments faced the crisis by allocating nearly $12 tln in fiscal actions and about $7.5 tln in monetary actions
This action comes despite the challenges of the COVID-19 pandemic and the increasing risk that the global economy is facing, according to the bank
The total worth of the deal is $250 million
The projects are meant to promote technical and vocational education, enhance community participation, and invest in job creation through supporting the private sector
El-Sahy said that gaming, fitness appliances, household and hygienic items, and foodstuff witnessed the top demand during the pandemic
A high-level statement asserted the importance of road safety targets as part of the sustainable development objectives of each multilateral institution and contributing to targets set by the UN Decade of Action for Road Safety
Endeavour shareholders will end up with 66% of the combined entity, with Teranga shareholders holding the remaining 34%.
El-Saqti called on the African Union to fast-track the activation of the role of the Venture Risks in Africa Fund to protect Egyptian investments in African countries facing unrest, such as Ethiopia
The company’s financial results for the third quarter of 2020 showed that its net sales revenues decreased to EGP 826 million, down from EGP 979 million in the previous year
The Saudi Arabia Grant Management Committee has so far funded 2,180 projects in 27 governorates, which have contributed to the creation of about 12,000 job opportunities under a $200 million grant
As per the survey, most business leaders believe that Facebook will still be an effective marketing tool through 2021, with 52 percent predicting that it will grow in importance
The agreements were inked with several international financial institutions to boost Egypt's efforts under its 2030 vision and to strengthen economic ties with global partners
Egypt is the EBRD's biggest country of operations in the region, with total investments of €2.3 billion, 60 percent of which was dedicated to the private sector
The achievements that Egypt attained over the past five years have led to the country to shoot up more than 50 places on the Doing Business report’s transport sector index, the finance minister said
Egypt’s labour force increased to 28.171 million in the third quarter of 2020, at a growth rate of 5.6 percent compared to the same quarter of 2019
CBE said that the increase in annual headline inflation continues to be mainly led by higher annual contribution of food items as well as regulated items due to the negative annual food inflation
This is the second time the Baron Hotels and Resorts Egypt wins an award from the World Luxury Hotel Awards
1 2 3 4 5   

© 2010 Ahram Online.