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  • CBE shuts 5 brokerage companies over violations

    CBE shuts 5 brokerage companies over violations

    Date: 2020-03-26 15:33:57 GMT - Egypt - Economy - SN:7 - ID:8371029

    The Central Bank of Egypt (CBE) closed five brokerage companies for one year over violating the banking system rules, said an official source with the bank. The five closed companies' licenses have not been revoked, the source added. ....

  • Govt holds video-conferencing meeting amid coronavirus fears

    Govt holds video-conferencing meeting amid coronavirus fears

    Date: 2020-03-26 15:32:27 GMT - Egypt - Egypt - SN:6 - ID:8371028

    Prime Minister Mostafa Madbouli said holding the cabinet meeting by video conference on Thursday gives a strong message that the government is abiding by regulations to reduce large gatherings and crowds as part of the precautionary measures against ....

  • Egyptian consulate in Istanbul announces measures to return home Egyptians stranded in Turkey

    Egyptian consulate in Istanbul announces measures to return home Egyptians stranded in Turkey

    Date: 2020-03-26 13:10:29 GMT - Egypt - Egypt - SN:5 - ID:8370732

    The Egyptian Consulate in Istanbul announced that a database is urgently prepared for the Egyptians stranded in Turkey to consider the possibility of returning them home. This comes as part of the efforts of the Egyptian authorities to support ....

  • Awqaf minster defends decision to ban Friday prayers at mosques over coronavirus concerns

    Awqaf minster defends decision to ban Friday prayers at mosques over coronavirus concerns

    Date: 2020-03-26 10:48:12 GMT - Egypt - Egypt - SN:4 - ID:8370449

    Awqaf Minister Mohamed Mokhtar Gomaa said that now that there is a coronavirus epidemic in the country and public health safety is at serious risk, Friday prayers cannot be performed at mosques. In statements on Thursday, he underlined that ....

  • Banque Misr head: Bank's proceeds from fixed-rate certificates hit EGP 7.6 bn in four days

    Banque Misr head: Bank's proceeds from fixed-rate certificates hit EGP 7.6 bn in four days

    Date: 2020-03-26 10:47:19 GMT - Egypt - Economy - SN:3 - ID:8370447

    Banque Misr Board Chairman Mohamed el Etribi said the bank's proceeds from certificates of deposit with a 15 percent fixed rate hit EGP 7.6 billion in four day. In statements to MENA on Thursday, Etribi said these certificates will be available ....

  • Tayyeb orders preparing Azhar university hospital to receive coronavirus cases

    Tayyeb orders preparing Azhar university hospital to receive coronavirus cases

    Date: 2020-03-26 10:06:05 GMT - Egypt - Egypt - SN:2 - ID:8370368

    Grand Imam of Al Azhar Ahmed Tayyeb ordered preparing the Azhar University hospital to receive suspected coronavirus cases. This will be in coordination with the Health Ministry. Vice President of Azhar University Mahmoud Seddiq said this ....

  • Two presidential decrees approve amendments to deals with US

    Two presidential decrees approve amendments to deals with US

    Date: 2020-03-26 09:25:56 GMT - Egypt - Egypt - SN:1 - ID:8370301

    President Abdel Fattah El Sisi issued a presidential decree on the fourth amendment of grant agreement between Egypt and the US. The agreement which was inked in September 2019 is meant to support rural development. The president also approved ....

  • Sisi: Govt adopted unprecedented measures to confront coronavirus

    Sisi: Govt adopted unprecedented measures to confront coronavirus

    Date: 2020-03-22 20:23:51 GMT - Egypt - Egypt - SN:8 - ID:8365504

    President Abdel Fattah El Sisi said on Sunday that the government took a raft of unprecedented measures to combat the novel coronavirus (COVID-19). The president made the remarks during a meeting with a group of prominent women on the occasion of ....

  • Sisi meets group of prominent women on Egyptian Women's Day

    Sisi meets group of prominent women on Egyptian Women's Day

    Date: 2020-03-22 14:42:02 GMT - Egypt - Egypt - SN:7 - ID:8365069

    President Abdel Fattah El Sisi on Sunday met at Ittihadiya Palace with a group of prominent women from different fields, on the occasion of the Egyptian Women's Day, which falls on March 16, Presidential Spokesman Bassam Rady said. The meeting ....

  • Egyptian banks to postpone loan payments for 6 months over coronavirus

    Egyptian banks to postpone loan payments for 6 months over coronavirus

    Date: 2020-03-22 14:09:19 GMT - Egypt - Economy - SN:6 - ID:8365014

    The Central Bank of Egypt gave on Sunday directives to all banks across the nation to postpone credit dues for individual debts, including real-estate loans, for six months. No fines will be levied in case of late payment, the bank ....

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