Last Update 15:26
Tuesday, 18 May 2021
The study recommended providing the employees with the necessary organisational support and assessing the extent of their awareness of this support
The central bank said that long-term external debt surged to $113 billion by end of Q1 of FY2020/21 and short-term debt increased by about $1.4 billion to reach about $12.3 billion
Dana Gas is still assessing the financial impact from terminating the sale but said the decision was expected to positively impact the balance sheet, profitability and cash flow in coming years.
The sum is the largest annual EIB engagement in 55 years of operations in Africa
The prices of industrial-use mazut and the diesel fuel were kept unchanged
The regulation also states that the bank issuing electronic units must have deposits in Egyptian pounds that are no less in value than the electronic units
The upgrade of the port comes under a strategic plan to turn it into the biggest hub port on the Red Sea and the Middle East, and to serve the global trade movement between the east and the west
The WB projects prices of metal and agricultural products to jump by 30 percent and 14 percent, respectively
Orange Corners Egypt provides young Egyptian entrepreneurs with the facilities to grow innovative businesses
The deal was signed by the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development, the African Development Bank (AfDB), the Green Climate Fund (GCF), and the Arab Bank
By signing this MoU, 6th of October City becomes the EBRD programme’s 46th member.
The CBE said that the action is in line with the National Payments Council’s strategy that aims to attain digital transformation and financial inclusion
The IMF said that the Egyptian economy has outperformed several economies in the Arab region despite the severe impacts of the COVID-19 pandemic
OBG said that various initiatives, which Egypt has launched or renewed since the onset of the pandemic, are expected to increase private sector investment
Egypt’s mega projects in various sectors open broad horizons for investors in Egypt, said Maait
The Boost Africa Initiative provides equity investment to increase investment by venture capital, business angle, and seed funds across Africa
During her visit, Renaud-Basso will meet Egypt's President Abdel-Fattah El-Sisi, Prime Minister Mostafa Madbouly, a number of ministers and private sector representatives
The virtual dialogue is one of more than 25 events being held across Africa and Europe ahead of the high-level Green Investment Forum taking place in Lisbon next week
Investments directed to productive sectors will increase by 125%, investments for building up people will rise by 70%, and investments in service sectors will go up by 30%
Despite that, Fitch Solutions said in its report that Egypt is one of the few countries globally to see real GDP growth amid the COVID-19 crisis
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