ALCN budget for FY 2021/22 factors in container fee hike
The company targets a net profit of EGP 1.4bn, up 7% versus the annualised indicators for the first eight months (8M) of 2021, and flat compared to EGP 1.4bn in…
HSBC, Reefy sign EGP 150m revolving facility for Egyptian women-led MSMEs
Agreement supports CBE aim to raise microbusinesses, SME sector contribution to formal economy, women empowerment
Egypt completes 509 projects worth EGP 7.3bn in Beni Suef Governorate: Planning Ministry
The projects covered: education; health; irrigation; local development; housing; transportation; petroleum; and electricity.
Egypt dazzles world with Royal Mummies Parade
No sound is louder than the sound of the Royal Mummies parade procession, says Tourism Minister Khaled El-Anani
Bausch Health to sell all equity interests in Amoun Pharma for $740m
Bausch Health has announced that it has entered into a definitive agreement to sell all of its equity interests in Amoun Pharmaceutical to Abu-Dhabi based ADQ, for a total gross consideration of about $740m. The sum includes the…
20% discount on all Kenouz products at Egyptian Civilization Museum to mark opening
Additional 50% discount on museum catalogue price issued in Arabic
Egypt produces 85% of its pharmaceutical needs: FEDCOC
Egypt produces about 85% of its pharmaceutical needs locally, and imports only 15% from abroad, according to Ali Auf, Head of the General Division of Drug Traders at the Federation of Egyptian Chambers…
Diaa Rashwan re-elected as Press Syndicate Head for new term
The current Head of Egypt’s Press Syndicate, Diaa Rashwan, has won the seat for a second term after obtaining 1,965 of the votes. Rashwan’s win compares to the 1,506 votes…
QR Code commemorative postage stamps produced for Royal Mummies Parade
The QR Code technology on the stamps enables philatelists and observers to obtain all information related to the stamp and the occasion on which it was issued, by linking the…
Environment Minister highlights Egypt’s efforts in UN climate dialogue
Country took important steps in measures to confront climate change, both politically and strategically, says Yasmine Fouad