Egypt will receive the last tranche of its $5.2 billion loan from the International Monetary Fund (IMF) before the end of June, Minister of Finance Mohamed Maait suggested in remarks to Egypt Today. The value of the tranche is $ 1.6 billion. After the...اقرأ المزيد
President Abdel Fattah El-Sisi said that despite the severe economic repercussions of the Covid-19 pandemic crisis, the Egyptian economy has succeeded in dealing with it in a flexible manner, thus preserving its ability to continue achieving positive...اقرأ المزيد
President Abdel Fatah el-Sisi said Wednesday that 2020 was full of difficult challenges and negative repercussions resulting from COVID-19 crisis which has changed the world. “Despite these difficulties, the crisis has shown an important opportunity...اقرأ المزيد
The World Bank (WB) Group’s Board of Executive Directors approved a US $374 million project to provide cash support to 270,000 poor and vulnerable households, including those who recently lost their source of income as a result of the COVID-19 pandemic...اقرأ المزيد
Minister of Manpower Mohamed Saafan told the media that the number of irregular workers who applied on the ministry’s website to receive financial assistance worth LE500 monthly has recorded 1.2 million since last week until Sunday. Sunday only marked...اقرأ المزيد