Daily Archives: May 15, 2020

CAPMAS: Unemployment falls to 7.7% in Q1-20

Egypt’s unemployment rate declined by 0.3 percent to 7.7 percent in the first quarter of 2020, down from 8 percent in the previous quarter, the Central Agency for Public Mobilization and Statistics (CAPMAS) said Thursday 14/05/2020. On annual basis, the

Egypt, Spain hold political consultations on bilateral ties, regional issues

Egypt and Spain held a virtual round of political consultations under Assistant Foreign Minister for European Affairs Badr Abdel Aty and Director General for the Maghreb, Africa, the Mediterranean and the Middle East at the Spanish Ministry of Foreign Affairs

Defense Minister inspects new S43 submarine, meets naval forces

Minister of Defense and Military Production Mohamed Zaki visited on Thursday 14/05/2020 the headquarters of the Egyptian Navy command in Alexandria, where he inspected the S43 Type 209/1400 submarine that has recently arrived from Germany. Zaki was accompanied by Armed

Tourism Minister, ambassadors review state’s efforts to back tourism sector

Minister of Tourism and Antiquities Khaled Anani has reviewed that state’s efforts to support the tourism sector and alleviate the repercussions of the coronavirus outbreak. The Minister had a videoconference meeting on Thursday 14/05/2020 with 20 ambassadors of European, Asian

Tourism Minister follows up work progress at New Administrative Capital Museum project

Minister of Tourism and Antiquities Khaled al-Anani discussed during a meeting with Mustafa Wazeri, the Secretary General of the Supreme Council of Anitquities (SCA) work progress at the New Museum of the New Administrative Capital. In statements on Thursday 14/05/2020,

CBE keeps interest rates on deposits, loans unchanged

The Central Bank of Egypt (CBE) decided to keep the overnight deposit rate, overnight lending rate unchanged at 9.25 percent and 10.25 percent respectively. The decision was made by the CBE Monetary Policy Committee during a meeting on Thursday 14/05/2020.