Tag Archives: Egypt

The Russian Direct Investment Fund, which markets anti-virus vaccines abroad, said today, Thursday, that the Egyptian company, MinaPharm has agreed to produce more than 40 million doses of the Russian Sputnik v vaccine annually. The fund added, in a joint statement with Minapharm, that the two parties agreed to start …

The Egyptian Ministry of Finance said that it was able to implement the issuance of international bonds worth $ 3.75 billion in three tranches (5, 10 and 40 years) with issued values ​​of $750 million, $1.5 billion, and$ 1.5 billion, respectively. More than 400 investors have applied to buy and …

The Egyptian Ministry of Trade and Industry said that the trade balance deficit decreased by about 17% year-on-year in 2020 to $ 38.291 billion. The ministry added in a press statement that non-oil exports decreased by 1% to 25.295 billion dollars in 2020, while imports fell 12% to 63.587 billion …

The Egyptian Cabinet said today, Thursday, that the total budget deficit amounted to 3.6% of GDP in the first half of the current fiscal year 2020-2021, compared to 4.1% a year ago. He added in a press release that the primary surplus in the first half of the current fiscal …