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Your top education stories of the week
Your top education stories of the week: The government plans to invest EGP 24 bn in new and expanded higher…
Will the coronavirus spell the end for globalization?
Will the coronavirus spell the end for globalization? Globalization and the preeminence of free trade has repeatedly come in waves…
Egypt’s economic recovery post-covid will likely be U-shaped, El Said says
Egypt’s economic recovery post-covid is most likely to be U-shaped, rather than V- or W-shaped, Planning and Economic Development Minister…
Unemployment rises to 9.2% in April as coronavirus lockdown bites
Unemployment rises to 9.2% in April as coronavirus lockdown bites: Egypt’s unemployment rate rose to 9.2% in April from 7.5%…
EBRD sees Egypt’s economy growing 3% next fiscal year after “sharp” slowdown in 2020
EBRD sees Egypt’s economy growing 3% next fiscal year after “sharp” slowdown in 2020: The European Bank for Reconstruction and…
El Sisi ratifies law to expedite payments to gov’t contractors, suppliers
LEGISLATION WATCH- Suppliers and construction outfits working on government contracts will receive EGP 10 bn in arrears after President Abdel…
Maait signals austerity measures if covid-19 crisis persists
BUDGET WATCH- Austerity measures in the cards if crisis continues into FY2020-2021 -Maait: The government could cut back on spending…
Foreign reserves fall for second consecutive month in April
Foreign reserves fell in April for the second consecutive month as the central bank honored repatriation requests from foreign investors,…
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