Chery Arrizo 5 price increases EGP 3,000: Ghabbour Auto
This entails the following updates on prices: the first category M/T Baseline…
Coexistence with COVID-19 revives Egypt’s car market
More people will buy cars to avoid possible infection in public transport
Pandemic to change automotive industry; price hike likely in near future: Naggar
Egypt’s automotive market unlikely to return to pre-coronavirus levels before August 2020,…
Global economy to shrink 5.2% in 2020: World Bank
Interruptions in schooling, primary healthcare access likely to have lasting impacts on…
FRA suspends insurance brokerage licensing for 12 months
Study finds oversupply of companies licensed in insurance brokerage activity relative to…
Oriental Weavers reports 12.85% sales decline in 1Q 2020 due to COVID-19
We anticipate further decline in sales during 2Q 2020, plans projected to…
AAIB invests EGP 2bn establishing office space in Landmark Sabbour’s 1-NINETY
Growing demand for administrative, commercial real estate as prime office rents are…
Egypt launches second phase of EU-funded Community Development Program
Total of EGP 111m will be invested in 5 governorates under CDP
First COVID-19 vaccine to be released in Egypt by September: Tag El-Din
Private hospitals cannot financially pressure citizens, says presidential advisor
CBE receives 26 offers to invest $720m in T-Bills auction
The CBE accepted 20 offers worth a total of $509.3m, with interest…
