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
Al-Sisi extends nationwide state of emergency effective from Monday
Egypt's Prime Minister Madbouly imposes curfew in certain areas of North Sinai
Egypt government aims to increase VAT on snacks, sweets to 14%
Naeem Research sees that the amendments, if approved, would affect snacks and sweet manufacturers badly, while they have already been negatively impacted by the novel coronavirus (COVID-19) pandemic.
Egypt continues electronic systems development to boost financial performance
Abu Eish’s remarks came during a workshop reviewing updates to the GFMIS, during which he said that the digital transformation contributes to strengthening the governance of expenditures and revenue in…
Private placement of Azimut’s fixed income fund oversubscribed with EGP 295.3m
The amount represents almost six times the preliminary targeted subscription, leading the company to increase the maximum fund’s limit to EGP 500m before the end of the subscription period.