News / Egypt

Sisi Sees No Need for Work Suspension Over COVID-19

Egypt's President Abdel-Fattah El-Sisi said he is not in favor of suspending all businesses in the country due to the coronavirus (COVDID-19)

CBE Suspends I-Score Lists Amid COVID-19 Outbreak

The Central Bank of Egypt (CBE) announced on April 7 suspending blacklists (I-Score) for 8,000 enterprises and negative lists for 100,000 individuals

Tourism Businesses Get New Tax Incentives

Hotels and other businesses in the tourism industry will be getting a three-month extension of their tax deadline, also without any penalties or late fees

EU Applies Tariffs on Glass Fiber from China, Egypt  

The European Union (EU) will apply tariffs of up to 99.7% on glass fiber producers in China and Egypt for selling at unfairly low prices

SODIC Redirects Marketing Resources Towards COVID-19 Awareness

Sixth of October Development & Investment Company (SODIC) announced its multi-tiered approach in a bid to combat the outbreak of coronavirus (COVID-19)

Egypt to Spend EGP 5 bn on 13 Industrial Zones

The Egyptian government plans to spend EGP 5 bn on 13 new industrial zones in FY 2020/21, Invest-Gate reports.

Tourism Ministry Launches its 4th Virtual Tour

The Ministry of Tourism and Antiquities is launching on April 6 at 7:00 pm its fourth virtual tour, 'Experience Egypt,' for the distinguished Mosque, Madrassa (school), and Khanqa of Sultan Barquq in Al-Muiz street

Sisi Discusses Efforts Against COVID-19 in Virtual Summit

Egyptian President Abdel-Fattah El-Sisi participated on April 3 in a mini-summit via video conferencing with several African counterparts and French counterpart Emmanuel Macron to discuss efforts to fight coronavirus in Africa

WB Provides USD 7.9 mn Emergency Fund to Egypt

The World Bank (WB) will release USD 7.9 mn in emergency funds to Egypt to help it fight the coronavirus (COVID-19) pandemic

El-Sisi Postpones Inauguration of NAC, GEM Projects to 2021

President Abdel-Fattah El-Sisi has asked the government on April 4 to reschedule the launch of all national megaprojects planned for this year to 2021 due to the COVID-19 (coronavirus) outbreak

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