Electricity Ministry negotiates local bank loan to finance EGP 20bn grid support projects
No alternative to rising electricity prices, despite reduced consumption and collection during…
Cement companies report mixed results for 1Q 2020
Ongoing pandemic, temporary suspension of building permits have affected demand for cement…
ITIDA receives information security ISO certificate
Certification provides methodology for building integrated information security system that achieves highest…
Three Indian soldiers killed in clash on Chinese border: Indian army
Indian government sources said that a physical fight had broken out between…
FPI exit from Egypt’s T-Bills slows significantly to $2.4bn in April
FPIs recorded EGP 111bn ($7.0bn) as of April, down EGP 37.8bn ($2.4bn)…
Oriental Weavers expects improved 3Q financial results after export improvement
The company's performance is expected to improve with the support of pent-up…
Jumia introduces interest-free instalment plans marking 8th anniversary
E-commerce sector grew by 80% due to coronavirus pandemic
Pensioners to receive five overdue bonuses in July
Overdue bonuses targets 2.4 million pensioners, and will cost EGP 28bn, says…
Fawry reports leap in profits due to COVID-19 related measures
Fawry’s net profit amounted to EGP 30.7m in 1Q 2020