News / Government

Dubai Announces Lockdown for 2 Weeks Amid Coronavirus

Dubai announced a two-week-long lockdown starting on April 3 to contain the spread of the coronavirus

1,296 Units to be Delivered in New Cairo on April 14: El-Gazzar

Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar announced the delivery of 1,296 units of the “Sakan Misr” project, starting from April 14, Invest-Gate reports.

Egypt Sees EGP 100 bn Projects Underway: El-Gazzar

The New Urban Communities Authority (NUCA) is currently investing EGP 55 bn in a number of under-construction national projects including new cities

Egypt Achieves USD 12.9 bn Tourism Revenues: CBE

Egypt’s tourism sector generated revenues worth USD 12.9 bn during the period from Q2 of FY 2018/19 till the end of Q1 of FY 2019/20, up from USD 11 bn during the prior-year period

El-Gazzar Reviews Plans of Water, Sewage Sector

Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar held a meeting with officials responsible for the potable water and sewage sector to review its development plan

Egypt Targets Budget Deficit Decline to 6.3%: Minister

The Egyptian Finance Ministry expected budget deficit to shrink to 6.3% of the country's gross domestic product (GDP) in FY 2020/21, compared to the 7.2% target in the current budget

CBE Limits Cash Deposits, Withdrawals

The Central Bank of Egypt (CBE) has announced new limits for daily cash deposits and withdrawals for individuals and enterprises

WHO: Egypt Conducts Solid Work to Control COVID-19

The World Health Organization (WHO) stated "Egypt has a good opportunity to limit the spread of the coronavirus (COVID-19) with the efforts of both government and society as well"

Federation of Egyptian Chambers of Commerce Welcomes Curfew Against Corona

Chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ibrahim Al-Arabi revealed “In conjunction with the curfew, the chambers began to take new precautionary steps,” according to Ahram Online.

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