Month: June 2020

Cement companies report mixed results for 1Q 2020

Ongoing pandemic, temporary suspension of building permits have affected demand for cement…

Alyaa Stohy

ITIDA receives information security ISO certificate

Certification provides methodology for building integrated information security system that achieves highest…

Mohamed Alaa El-Din

Three Indian soldiers killed in clash on Chinese border: Indian army

Indian government sources said that a physical fight had broken out between…

Daily News Egypt

FPI exit from Egypt’s T-Bills slows significantly to $2.4bn in April

FPIs recorded EGP 111bn ($7.0bn) as of April, down EGP 37.8bn ($2.4bn)…

Daily News Egypt

Oriental Weavers expects improved 3Q financial results after export improvement

The company's performance is expected to improve with the support of pent-up…

Alyaa Stohy

Jumia introduces interest-free instalment plans marking 8th anniversary

E-commerce sector grew by 80% due to coronavirus pandemic

Mohamed Alaa El-Din

EGX30 rises 2.5% to test 11,000 points barrier

Analysts recommend trading selected stocks

Alyaa Stohy

Pensioners to receive five overdue bonuses in July

Overdue bonuses targets 2.4 million pensioners, and will cost EGP 28bn, says…

Daily News Egypt

Fawry reports leap in profits due to COVID-19 related measures

Fawry’s net profit amounted to EGP 30.7m in 1Q 2020

Mohamed Alaa El-Din

EMS calls for releasing doctors arrested for criticising COVID-19 response

Syndicate requested presence of legal representatives during interrogations of doctors arrested over…

Adham Youssef