CBE imposes restrictions on cash transactions, penalty on contravening car dealers

The CBE has set a daily limit for cash deposits and withdrawals at bank branches for a temporary period at EGP 10,000 for individuals and EGP 50,000 for companies. The…

Yara El-ganiny Yara El-ganiny

Consumer finance companies differ on CBE-offered loan payment delay

Drive securitises EGP 425m bonds, and will resume collecting postponed instalments from September 

Yara El-ganiny Yara El-ganiny

realme Wins A Prestigious Award While realme 6i Leads Impressive Sales

 realme takes over the Egyptian market one more time with pre- order bookings for realme 6i on SOUQ.

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’Stay Ready’ initiative launched in Egypt medical colleges to fight COVID-19

Many medical colleges have started to carry out the initiative, training sub-intern medical students and other final year student volunteers on ways to handle patients infected with the virus.

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Mastercard ups contactless payment limit to EGP 600

Company is championing efforts to increase contactless payment limits across MEA region

Hossam Mounir Hossam Mounir

Egypt allows exceptional international flights despite air travel suspension

Air Cairo to operate flight to London’s Gatwick airport on Sunday, says British ambassador

Hagar Omran Hagar Omran

Egytrans records 11.1%  y-o-y decrease in revenues

As a result, net income after tax for the year declined by 23.8% to EGP 31.9m down from EGP 41.8m in 2018. The latest figures register a net profit margin…

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Cairo University provides initial treatment protocol for coronavirus

The treatment protocol suggests using two antiviral drugs, one of which selectively interferes with viral replication, with the other stimulating patient immunity to overpower the virus.

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Irregular workers’ EGP 500 aid won’t be paid via credit cards: Manpower Ministry

Ministry urges irregular workers to avoid crowding at banks

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Cabinet denies enforcing coronavirus stage 3 restrictions

Cabinet warns of legal procedures against those who spread the rumours 

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