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Signs of supply shocks in Egypt amid covid-19 disruptions
Signs of supply chain disruption in Egypt: Egypt’s supply of consumer electronics and sanitary ware is being hit by China’s…
Covid-19 outbreak weighs on Egypt’s recovering tourism, new bookings down
CORONA WATCH- Outbreak weighs on Egypt’s recovering tourism sector, new bookings down by 70-80%: Business leaders yesterday painted an ominous…
Global growth could fall to 1% this year -IIF
Global growth could fall to 1% this year -IIF: Global economic growth could fall to just 1% this year due…
EU imposes tariffs on Egyptian exports in a crossfire with China
European Union imposes tariffs on Egyptian exports to counter China subsidies: An EU tariff of 8.7% on Egyptian glass fiber…
CBE writes off EGP 17.4 bn in debt for financially distressed firms
CBE writes off EGP 17.4 bn in debt for financially distressed firms: More than 200 companies have had a portion…
Gov’t considering full customs exemption on imports of auto components
The government is considering a full customs exemption on imports of auto components: The Trade Ministry could grant a full…
Global stocks rebound on stimulus hopes
Global stocks rebound on stimulus hopes: US stocks surged yesterday on hopes that central banks around the world will launch…
What we’re tracking on 2 March 2020
Egypt has its second known case of covid-19 this morning, the Health Ministry and World Health Organization said in a…
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