EBE records EGP 1.103bn net profit in FY 2019/20
Bank’s loans and credit facilities reach EGP 31.297bn, while syndicated loans record EGP 5.195bn
Egypt spends EGP 174bn on water, wastewater infrastructure since 2014
Government completes 1,131 projects improving drinking water, sanitation facilities in urban and rural areas nationwide in 6 years, says Assem El Gazzar
Egypt’s Armed Forces neutralise 73 militants in North Sinai
Three officers, four soldiers were killed, injured during sweeping anti-terrorism operations in North Sinai
Al-Sisi urges more cooperation with Italy’s Eni in oil sector
Egypt is important partner for Italian company's international activity, says Eni CEO Claudio Descalzi
Egypt Al-Sisi stresses importance of localising industry at SCZone
President reviewed state of SCZone activities, and the current status of contracts that are targeting investments in Egypt's economic zones and ports.
Egypt Environment Minister, COP 26 Chair address ‘green recovery’ to face COVID-19
Fouad stressed need for setting green standards as part of Egypt’s investment plan
Sudan suffers catastrophic losses in severest floods in century: PM Hamdouk
River Nile’s water level has reached 17.48 metres
Airstrikes smash Taliban explosive cache, court in North Afghanistan
Taliban cache stored 6 AK-47 rifles, 1 RPG launcher, 2,000 bullets, more than 70 kg explosive materials, according to Afghanistan government
Drop in export revenues from tourism could reduce global GDP by 2.8%: UNWTO
Decline in Egypt’s tourism revenues also means country’s GDP will decrease by 1% in 2020
SIDPEC reports surprise profit from gas price cut in Q2 2020
The company noted that the price reduction is also likely to have positive knock-on effects for its associate company, ETHYDCO, which is 20% owned by SIDPEC. ETHYDCO’s profits are expected…