ADIB profits record EGP 157m end-March
Q1 saw big shift in bank’s financial performance, says CEO
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Taksir Sharqi: a band bonded by love and great music
Coming from the word broken, Taksir Sharqi refers to broken rhythms, says Ahmed Omran the founder and mastermind leading the band. The word truly reflects their music: chains of musical statements interwoven with other harmonious melodies into a whole unlike anything you’ve heard in recent musical creations, a truly enjoyable and elegantly subtle mix …
Dozens of Palestinians wounded after new Israeli raid on Gaza
‘From Gaza to Haifa….one blood and mutual destiny’: upcoming Friday protests slogan
Hollywood producer Harvey Weinstein surrenders on rape charges
Arrest came on same day actor Morgan Freeman issued statement apologising for alleged sexual misconduct
Three Houthi leaders killed in Saudi-led coalition raids in Yemen
Yemeni foreign minister says Houthis accept UN-backed proposals for political resolution
Google doodle celebrates Radwa Ashour’s 72nd birthday
Google celebrated the 72nd birthday of the late prominent author Radwa Ashour through a doodle on the search giant’s homepage. Featuring a cartoon of Ashour tightly clutching her book to her chest, with scenes from her novels behind her, Google commemorated the distinguished novelist’s birthday. Ashour was born on 26 May 1946. She is the …
Inflows to emerging markets concentrate on certain countries, including Egypt: IIF
EM problems concentrated in Argentina, Turkey, says Capital Economics
MG Developments to hire advisers as it mulls IPO by end-2019
Company plans to raise its capital to finance further expansion through stock market
Egypt shares to resume rally as corrections finally end
EGX30 extends falls amid sell-off streak in weak trading volume
MoU between CAEU, British prime minister to digitally support Arab economy
The Council of Arab Economic Unity (CAEU) signed a memorandum of understanding (MoU) with the Governmental Digital Service affiliated with the British prime minister, within the framework of the council’s goal to support the Arab economy, particularly in the fields of digital economy and transformation. Mohamed Mohamed Al-Rabie, secretary general of the CAEU at the …
Liverpool to clash with Real Madrid in UEFA Champions League final
Arab fans will sympathise with Reds in support of Salah, Real Madrid eyes historic achievement
Heritage Ramadan nights back at Conrad’s
People spending their day fasting and their nights gathering is the main theme of Ramadan in Egypt, and finding the best place to hang out and have suhoor is always an ongoing struggle amongst people who want to combine fanciness with heritage at the same time. Conrad Cairo decided to combine Cairo’s significant tradition with …
Ramadan in Palestine
Palestinian customs, traditions, and special manifestations distinguish the holy month of Ramadan from other times of the year. These customs were transferred along different generations and preserved until today in the character of the Palestinians. This year, the Palestinians are commemorating the Nakba of 1948 and celebrating Ramadan at the same time. Despite ongoing violence …
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Iconic starlet of feminism remembered
Although it has been three years since the death of the iconic star Faten Hamama, she is still remembered as an iconic figure of Egyptian cinema, one whose roles addressed every issue encountered by women in Egypt. Women in Egypt and around the world face major challenges; some of them suffer from domestic violence, inequality, …
ElBalto: Healthcare app connecting patients, doctors, caregivers
ElBalto, a mobile-based platform, was launched by a startup aiming to transform healthcare through connecting patients, doctors, and caregivers. The co-founder and CEO of the company, Mahmoud Abdalla, explained that receiving medical assistance in non-emergency cases often meets unneeded hassles and obstacles, such as traffic jams, doctor cancellations, or no-shows He added that in Egypt’s …
Parliament’s health committee insists on increasing allocations to EGP 82bn
Finance Ministry allocates EGP 61.7bn for healthcare sector in coming fiscal year
Public sector debt reaches EGP 45bn: Khalid Badawi
Minister of Public Enterprise Sector Khalid Badawi said that the total debt of public sector companies to all parties amounts to EGP 45bn, including debt to the National Investment Bank amounting to EGP 21bn. Badawi, at a suhoor event on Wednesday, said that the public sector’s total debts to electricity and gas companies amounted to …
Khedivial Marine Logistics acquires AAL’s shipping agency in Egyptian ports
Khedivial Marine Logistics (KML) acquired on Wednesday the shipping agency Austral Asia Line (AAL)’s operations in all Egyptian ports. Mohamed Al-Dahshan, chairperson and founder of KML, said the new acquisition came as part of the company’s expansion plan. The company transports general and heavy cargo via 24 vessels from the Far East (India, China, Japan, …
Construction on 3rd phase of Cairo metro line 3 begins
Prime Minister Sherif Ismail witnessed on Wednesday the construction launch for the third phase of the Cairo metro’s third line, which will run from Ataba to Bulaq El Dakrour at a length of 17.7 km. The cost of the entire third line is up to EGP 100bn, said the prime minister on the sidelines of …
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Libyan army engages in violent fight with Islamist militants in Derna
Early in May, Haftar announced he will liberate city from Islamist fighters
EAFMS expects IMO to improve classification to A
Egyptian diving code will be issued in coming weeks, says Zahran
Alexandria Port size to increase by 200%
Alexandria Port Authority Chief Medhat Attia said he expects a boom in the port during the next two years. The authority is carrying out a number of megaprojects, including a logistics zone on 204,000 sqm, liquid bulk terminal with investments of EGP 150m, the Gate 54 Axis with investments of over EGP 500m, a multi-storey …
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Konafa and qatayef: Ramadan’s most in-demand desserts
When it comes to food, Ramadan is the season of highest food consumption. Preparing the iftar meal is not the only dish people stop at, but they go on to prepare the desserts that are as important as the plethora of food that fill families’ tables. Konafa and qatayef are inseparable part of Ramadan’s tradition …
Ramadan in Iran
As is the case in most Islamic countries, Iranian markets prepare intensively for Ramadan and the demand for Ramadan supplies increases. It is a month filled with invitations and hospitality over iftar (breakfast) meals and suhoor (late dinner). However, Iran is slightly different when it comes to some habits and traditions in receiving Ramadan. Before …
Shifting eating, sleeping times alter key blood proteins: study
Even one night shift could disturb proteins involved in metabolism, immunity
Study explains how wheat can root out take-all fungus
Natural use of biology can control disease in crops
Most important quality criteria at Samsung maintenance centres
Samsung is the largest smartphone maker in Egypt and the world. The company held 39% of smartphone sales in the Egyptian market at the end of April. Its control over a large share of smartphone sales increases the number of phones in maintenance services compared to the rest of the companies, given Samsung’s large market …
First week of Ramadan ad campaigns sees strong competition
Companies have rolled out their advertising campaigns for the month of Ramadan, which often sees strong competition among telecommunications companies. Orange and Vodafone both initiated their campaigns on the first day of Ramadan, while Etisalat started one day behind. Daily News Egypt explores data on the most viewed ads in the first four days of …
EBRD signs $200m funding to raise efficiency of SOPC
Bank’s investments in Egypt amounted to €2.7bn, Nasr says
Ramadan in Kazakhstan
Kazakhstan is the largest Islamic country in the world in terms of area. It consists of 16 provinces. The Kazakh people account for 53.4% of the total population, most of whom speak Kazakh. It is the official language of the state and has Turkish origins. About 70% of Kazakhstan’s inhabitants are Muslims. The country borders …