Month: July 2020

TMG reports 69.4% y-o-y sales decline, but revenues remain solid despite pandemic

The figures bring sales for the first half (H1) of 2020 to…

Alyaa Stohy

Egypt’s account deficit declines 39.2% in Q1 of 2020

The improvement comes despite the uncertainty in the global economy which has…

Daily News Egypt

BP Egypt confirms successful well test at Bashrush discovery

The test was the latest activity in the ongoing appraisal programme at…

Daily News Egypt

Egypt is only MEA country to maintain credit rating at big 3 agencies: Maait 

Fitch Ratings placed Egypt's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at…

Nehal Samir

Egypt grants EGP 17.47bn in micro-loans until April

Commercial activity represents 61.25% of total financing

Daily News Egypt

German KfW offers €15m to support nutrition, education in Upper Egypt

Financing comes as part of Egypt-Germany Debt Swap Programme 2020

Shaimaa Al-Aees

EIPICO begins production of COVID-19 drug approved by Russia, China

The production of the drug comes after EIPICO received approval from the…

Alyaa Stohy

Egypt, China discuss cooperation in electric vehicle production

During the meeting, Tawfik stressed the strong, historic relations Egypt and China…

Daily News Egypt

Mohamed Mashally, hailed as ‘poor man’s doctor’, dies at 76

Al-Azhar Grand Imam mourns late doctor, praising him as symbol of humanity

Daily News Egypt

Realme X3 SuperZoom: The smartphone born to capture the stars

Smartphone manufacturer to launch revolutionary products to increase market share in Egyptian…

Daily News Egypt