Year: 2020

TMG Sukuk records 2.5 bid-to-cover ratio: EFG Hermes

FRA earlier approves first Sukuk offering worth EGP 2bn

Alyaa Stohy

Egypt’s net international reserves retreat to $40bn in March amid global shocks

Bank directs $5.4bn to cover local hard currency needs, bridge gap from…

Hossam Mounir

Cabinet approves 6-month leeway on tourism, private airlines utility payments

Stakeholders argue decision protects against lay-offs, hotel closures, others believe it neglects…

Nehal Samir

High online grocery orders growth due to COVID-19 measures: Noon

We demand exclusion of e-commerce companies from curfew, says Hendawy

Mohamed Alaa El-Din

UAE records highest number of new GCC COVID-19 infections Wednesday

Gulf state records 300 new cases, alongside Qatar at 153, Saudi Arabia…

Sarah El-Sheikh

Egypt’s Covid-19 precautionary measures extended 

Egypt reports 110 new cases, 9 deaths, raising total to 1,560 cases…

Fatma Lotfi

Egypt to apply WHO’s FCTC on illicit tobacco trade

The states participating in this protocol should be committed to the principles…

Bassant Mohammed

Emaar Misr donates EGP 10m to Egyptian government’s COVID-19 fight

The project aims to improve the living conditions of thousands of eligible…

Daily News Egypt

Environment Ministry allocates landfill cell to quarantined village’s waste 

Village is currently under isolation after several COVID-19 infections were detected

Daily News Egypt

COVID-19 sweeps through Africa infecting 10,800, killing 534 

Ethiopia declares state of emergency, whilst South Africa reports lack of PPE

Mohammed El-Said