Month: July 2020

Despite COVID-19, Egypt’s budget deficit drops to 7.8% in FY 2019/20

Minister of Finance Mohamed Maait said the country had achieved a primary…

Daily News Egypt

NSB Board of Directors discuss restructure, development plans

El-Kabbaj said the meeting dealt with a range of topics, including the…

Daily News Egypt

Egypt’s cattle trade season pressured by COVID-19 ahead of Eid Al-Adha

"My business has been affected because of coronavirus, as my purchase of…

Xinhua

AMOC records robust June sales despite COVID-19

AMOC noted that its total sales of petroleum products amounted to 14.5…

Alyaa Stohy

About 1,750 Africans die during illegal migration attempts in 2018-2019: UNHCR

During migration attempts, at least 72% of African migrants die every month,…

Daily News Egypt

MTI results fall short of expectations for Q2 of 2020

The company reported a bottom-line of EGP 103m, down 13% year-on-year (y-o-y),…

Alyaa Stohy

Eastern Company targets 9% revenue growth in FY 2021

Eastern Company new budget targets a top-line of EGP 15.9bn, a growth…

Alyaa Stohy

Egypt welcomes Saudi proposal accelerating Riyadh Agreement in Yemen

Power-sharing deal between government and STC targets political solution in Yemen

Daily News Egypt

Egypt Post, AOI cooperate on developing postal services

The two entities also agreed to manufacture 50 cars before the end…

Mohamed Alaa El-Din

Egypt’s auto market shows potential recovery as June sales surge 18%

This comes despite auto market sales in Q2 of 2020 reportedly being…

Alyaa Stohy