Month: April 2020

Egypt’s banks report EGP 83.18bn net profits in 2019: CBE

Top 5 banks account for 50.1% of sector’s total profits, top 10…

Hossam Mounir

Does age matter when it comes to receiving COVID-19 treatment?

Spread of virus highlights disparity in views on whether older patients should…

Daily News Egypt

Daily cash withdrawal, deposit limits for individuals amended during Ramadan

Individuals can withdraw up to EGP 20,000 daily from ATMs, EGP 50,000…

Hossam Mounir

Egypt’s COVID-19 cases up to 3,659, with 276 fatalities so far 

New decisions on curfew expected on Thursday, after weekly cabinet meeting

Sarah El-Sheikh

MENA hotel sector likely to recover in 4Q 2020: Colliers

This came as governments continue to introduce measures to slow the spread…

Shaimaa Al-Aees

Egypt exports $20m worth of medicinal, aromatic plants, herbs in 1Q2020

Amgad El-Kady, General Manager of the Technology and Innovation Industrial Council

Shaimaa Al-Aees

Parliament approves draft law fining citizens for not wearing face masks in public

Law criminalises any acts of obstructing, or preventing burial of coronavirus victims

Fatma Lotfi

IMF approves new liquidity line to enhance global financial safety net

Short term liquidity facility aims to reduce impact of COVID-19

Hagar Omran