Opinion| New Negotiating Considerations in Supply Chain Contracts, with COVID-19 as Force Majeure
A force majeure clause is a common provision in contracts. It is a contractual provision allocating the risk of loss if performance becomes impossible or impracticable, especially as a result…
Omar Toussoun: Enlightened Prince and National Geographer
Despite his European education, the prince passionately wrote on all aspects of Egypt’s geography, and undertook many expeditions
Inas Abdel Moneim named Managing Director of 138 Pyramids fund
Abdel Moneim is to spearhead the company’s service expansion, and help portfolio startups connect to corporates for further growth. She brings hands-on expertise and best practices from her work with…
Egyptian cement sales surge 10% m-o-m in September
Demand for cement in September rises to highest since April 2020
Egypt pharmaceutical sales increase 14% y-o-y to EGP 7.7bn in September
For the first nine months (9M) of 2020, total pharmaceutical sales sales for the private segment grew by 1.9% y-o-y, amounting to EGP 58.3bn
Equity financing best option for fintech firms to fund expansion
Equity financing helps companies raise money to fund their working and expansion capital needs via stock issuance.
Cairo launches 13th Traditional Crafts Festival
The festival, which runs from 25-29 October, has been organised by Khaled Sorour, Director of the ministry’s Fine Arts Sector, in cooperation with a number of institutions and civil society…
Egypt’s external debt rises to $123.49bn in June 2020: CBE
The country’s external debt in June 2020 also increased by 14.79% compared to June 2019 when it reached $108.7bn.
Egypt, South Sudan discuss boosting cooperation on water issues
President Al-Sisi always directs for supporting students in Egypt from brotherly countries, says Madbouly
Global tourism may take 4 years to return to 2019 levels: McKinsey & Company
Egypt’s tourism revenues could return to 2019 levels by 2023, but recovery in numbers will not be before 2024, says pundit
