AUC virtually holds Research and Creativity Convention 2021

Fourth annual event will be open to virtual public attendance

Daily News Egypt

Tunisian actress Hend Sabry to accompany Royal Egyptian Mummies’ parade

Sabry’s nomination receives mixed reviews due to her non-Egyptian heritage

Daily News Egypt

Agricultural Bank of Egypt expands ‘Bab Rizq’ microfinance programme to 150 branches

Programme aims to increase income, improve livelihoods in rural areas, achieve financial inclusion for female breadwinners, says Alaa Farouk

Hossam Mounir

ADIB Egypt reports EGP 1.196bn in net profit during 2020

Consolidated financial results for 2020 show positive indicators, despite negative repercussions of COVID-19 pandemic

Daily News Egypt

Infinity expected to IPO as it builds energy platform across Africa

Company is expected to distribute dividends in Q1 of 2021

Alyaa Stohy

Moody’s doesn’t expect major disruption from Suez Canal blockage to Egypt’s payments balance

Ratings agency says temporary disruption will not materially change its expectation of return to pre-crisis canal receipts as global trade recovers

Nehal Samir

International Maritime Organization praises Egypt’s efforts in dealing with Suez Canal blockage

IMO says it’s aware of implications of temporary closure of canal, asking for patience from stakeholders across supply chain

Daily News Egypt

321 vessels stuck at Egypt’s Suez Canal, all needed logistics provided: SCA Chairperson

Any premeditation in ship’s stranding ruled out, investigations to take place to clarify truth, says Osama Rabie

Nehal Samir

Bank Audi Egypt to launch new internet, mobile banking applications soon

Bank is keen on improving customer banking experience, by providing more ease in carrying out all banking transactions with best security measures: Iman Badr

Daily News Egypt

Suez Canal Bank to increase contribution in car replacement initiative, puts SMEs finance plan

Bank’s SMEs portfolio reaches EGP 2bn, retail banking records EGP 1.2bn in 2020, says Chairperson Hussein Refaey

Daily News Egypt