Documents: Egypt’s Medical Syndicate calls for the publication of a quarantine work protocol
The Medical Syndicate has published an official statement requesting the Ministry of Health announce the protocol of work inside the quarantine hospitals to ensure the safety and financial rights of doctors. In its statement, the union called for clarifying the…
Egypt offers treasury bonds and bills at a total value of EGP 22 bn
The Ministry of Finance has launched treasury bonds and bills at a total value of EGP 22 billion ($1.4 billion). The ministry, through its website, launched 91-day treasury bills, at a value of EGP 8.5 billion ($540 million), with an…
Romania stops wheat shipments to Egypt
Romania has suspended a shipment of wheat to Egypt following the Romanian government’s decision to suspend wheat exports to any country outside the borders of the European Union due to the coronavirus pandemic. According to the International Food and Agriculture…
Tax revenue increased to EGP 366.8 bn in 7 months
Tax revenue increased by 2.6 per cent during the period from July 2019 to January 2020 to reach EGP 366.8 billion ($23 billion) compared to EGP 357.6 billion ($22.7 billion) during the same period in the previous fiscal year. In…
EGP 267.9 bn budget deficit within 7 months
The public budget deficit has increased by EGP 267.992 billion ($17 billion) during the period from July 2019 to January 2020, equivalent to 4.4 per cent of the gross domestic product, compared to EGP 214.203 billion ($14 billion) during the…
Total curfew imposed for Sham El-Nessim
The cabinet decided to implement a total curfew on Monday for the Easter holiday which includes the complete closure of shops and commercial centres, stopping all public transportation including metro services, river transport and tour buses between all cities and…
Egypt PM sets price of masks and disinfectant as black market surges
Prime Minister Moustafa Madbouly has set the selling price of protective tools for protection against the emerging coronavirus, such as alcohol disinfectants and masks. In the last month an illegal black market selling masks at very high prices has grown,…
Alexandria Container profits fell 23% in 9 months
The profits of Alexandria Container and Cargo Handling Company decreased by 22.9 per cent during the first nine months of the current fiscal year to EGP 1.04 billion ($66 million), compared to a net profit of EGP 1.35 billion ($86…
While millions suffer EGP 350mn is allocated to grand museum’s opening ceremony
Major General Atef Moftah, the General Supervisor of the Grand Egyptian Museum project, has announced that an initial budget of EGP 350 million ($22 million) has been allocated to finance the opening ceremony of the Grand Egyptian Museum. Moftah said…
No new governmental jobs for third year in a row
The Ministry of Finance announced that it would not include an allowance for the appointment of new employees in the state’s administrative bodies within the draft budget for the new fiscal year 2020/ 2021. The ministry said there would be…
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