Month: August 2020

Businesses plan major operational changes as resilience prioritised: HSBC Navigator

The new Navigator report, “Building Back Better”, from HSBC Commercial Banking, shows…

Daily News Egypt

EIPICO reports 17% y-o-y revenues decline to EGP 1.46bn in H1 2020

Pharmaceutical company underperformed on market, reporting aggressive 31% decline in retail sales

Alyaa Stohy

Misr Cement records higher margins in Q2 despite subdued volumes

Company reports net profit of EGP 14m, down 63% q-o-q, but up…

Alyaa Stohy

Egypt Tourism Minister, investors explore promoting travel destinations abroad

Meeting discusses possibility of seeking assistance from experts to develop long-term tourism…

Nehal Samir

SODIC gross sales in 7M 2020 equal 2019 levels despite pandemic

Gross contracted sales of residential units reported at EGP 1.83bn in H1…

Alyaa Stohy

EALB to increase social housing finance to EGP 2bn

Bank’s mortgage finance portfolio has doubled to 8,000 clients

Hossam Mounir

Planning Minister discusses 3rd phase of financial grant to irregular workers

El-Said says training programmes for irregular workers will be announced after grant…

Daily News Egypt

South Africa COVID-19 infection rate appears to be stabilizing

For several days, daily confirmed cases in South Africa have hovered around…

Xinhua

British economy sees deepest quarterly contraction since 1955

"The British economy recession brought on by the coronavirus pandemic has led…

Xinhua

Egyptians head to polls for Day 2 of Senate elections

“I came to vote because I am afraid of the prospect of…

Mohamed Samir