Economy

Africa needs an estimated US$114 billion in 2020 as it fights against the coronavirus, leaving a financing gap of around…

CAIRO (Reuters) — Saudi Arabia is facing the global crisis from a position of strength, given its strong financial position…

WASHINGTON (AP) — The ranks of Americans thrown out of work by the coronavirus ballooned Thursday to more than 20…

Egypt’s Official Gazette on Thursday issued a decree made by President Abdel Fattah al-Sisi approving a loan for 186 million…

* Traders say prices offered were high * Egypt wants to buy 800,000 tonnes from abroad * Rare purchasing tender…

The Central Bank of Egypt (CBE) has suspended work across all its banks for April 19 and April 20 due…

CAIRO (Reuters) – Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire (BQDC.CA) in…

The UN has so far raised US$2 billion to combat the coronavirus crisis globally, the United Nations Resident Coordinator in…

The Central Bank of Egypt (CBE) said that it has used US$5.4 billion from its foreign currency reserves during March…

The Central Bank of Egypt (CBE) on Tuesday announced in a statement that it has amended the ruling of the…