Year: 2020

WBG expands its financial commitment to combat COVID-19 to $14bn

It’s essential that we shorten the time to recovery, says Malpass 

Hagar Omran

Remittances in Egypt reach $26.8bn in 2019: CBE

The CBE added that remittances in the second half (2H) of 2019…

Hossam Mounir

I coached Pharaohs under impossible conditions; and may return to Egypt one day: Bradley

Egypt’s defeat in Kumasi is the most difficult moment in my football…

Alaa Moustafa

Euro 2020, Copa America postponed due to Coronavirus

FIFA supports UEFA and CONMEBOL's decision, intends to reschedule Club World Cup…

Daily News Egypt

General budget bears EGP 6bn extra expenses after cutting electricity prices for factories: source

Law allows government to adjust power prices and bear cost difference

Mohamed Farag

EFG Hermes reports EGP 4.8bn revenues, 36% y-o-y net profit increase to EGP 1.4bn in 2019

Revenue growth of 20% y-o-y was supported by strong results at both…

Daily News Egypt

Limited interest rate reductions on banks’ certificates despite CBE  rate cut 

NBE, Banque Misr reduce interests of variable-return certificates only, hold them on…

Hossam Mounir

Limited positive impact on fiscal maneuverability after rates cut, yet downside risks remain: Beltone

Beltone analysts maintain average inflation expectations of 6.5%, which should keep headline…

Doaa Elboraie

Facebook launches Arabic third-party fact-checking programme in partnership with Fatabyyano in MENA

As the impact of COVID-19 has spread around the world, Facebook’s third-party…

Daily News Egypt

Ragaei Atteya elected head of Lawyers Syndicate

"I will submit plans for medical treatment, disability, and orphans, as they…

Sarah El-Sheikh