Domty expects to achieve EGP 800m in sales during Q4 2020

The company said in a press release that it expects to achieve sales close to EGP 800m in the current quarter. This results from the increase in sales volume and…

Alyaa Stohy

Egypt condemns new Israeli settlement plan in Jerusalem

The proposed Israeli settlements will be built along the Green Line extending from Beit Safafa, Malha, Al-Baqa'a and all the way to al-Walaja village.

Sami Hegazi

Egypt consults TUI Group, easyJet to increase inbound tourism

COVID-19 vaccines would contribute to global tourism recovery: Egyptian Tourism Promotion

Nehal Samir

Telecom Egypt’s share of Vodafone’s accumulated earnings reaches EGP 4.3bn in Q3 2020

Naeem Research said that the probability of Vodafone Egypt’s distributing dividends depends a lot on its new investment plans; including the purchase of the new 40MHz band of spectrum in…

Alyaa Stohy

EU proposes twin acts to rein in tech giants

Tech giants including Google, Apple, Amazon, Facebook could face hefty penalties. Google criticized the draft legislation, saying it targets specific firms.

Xinhua

Testosterone capable of preventing diabetes in men: study

After 2 years of treatment, it found that 21% of 413 men receiving a placebo developed type 2 diabetes compared to 12% of men who received testosterone

Xinhua

Boko Haram claims school kidnapping in northern Nigeria

In an audio message, a man identifying himself as Boko Haram leader Abubakar Shekau claimed that the group is "behind what happened in Katsina."

Xinhua

General Authority for Land and Dry Ports to sign 6th of October Port contracts worth $176m before 2020 end

Egypt's General Authority for Land and Dry Ports records surplus of EGP 340m in H1 2019/20: Chairperson Amr Ismail

Faris Robey

Government aims to maximise Cotton, Textile Industries Holding’s untapped assets

Hisham Tawfik stated that the Cotton and Textile Industries Holding lands purpose have been changed into residential/mixed

Alyaa Stohy

Oil prices climb on vaccine optimism, US crude inventories up last week

Many European countries and US states are tightening coronavirus restrictions. Analysts expect oil prices to come under pressure in the first half of 2021

Xinhua