Year: 2020

EBRD grants $100m to Banque Misr under Trade Facilitation Program

Banque Misr got another $100m loan that will be on-lent to local…

Nehal Samir

Egypt condemns Turkish strike on Iraq’s Kurdish region killing three

Iraqi officials labelled the strike as ‘blatant Turkish drone attack’

Daily News Egypt

Egypt’s Intelligence Head, SRF discuss final arrangements for peace agreement with Sudan

Abbas Kamel meeting with Sudan Revolutionary Front (SRF) aimed to support negotiations…

Mohamed Samir

Egypt’s Intelligence Head meets South Sudan’s Salva Kiir in Juba

President Al-Sisi stresses strength of Egypt-South Sudan relations during meeting

Mohamed Samir

Banque Misr increases stake in CI Capital to 15.12%

Bank purchases about 14m shares worth approximately EGP 58.1m

Alyaa Stohy

US, Greece foreign ministers to meet over Eastern Mediterranean tensions

Extraordinary EU foreign ministers meeting has been set for Friday

Daily News Egypt

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