Afreximbank’s African Commodity Index declines moderately in Q3 of 2020
In comparison, the agricultural commodities sub-index rose to become the top performer in the quarter, outstripping gains in base and precious metals.
Egypt celebrates 118th anniversary of Egyptian Museum in Tahrir
Khaled Al-Anani, Minister of Tourism and Antiquities, and ambassadors from the United States, Saudi Arabia, and China, as well as representative of the Indian Embassy were present in the event.
Egypt, France carry out joint naval drills in Mediterranean Sea
It’s second naval exercise between Egyptian, French forces within a month, says Egypt’s army spokesperson
Egypt witnesses 17% increase in mobile wallets since March 2020: NTRA
The volume of electronic transactions through mobile wallets increased to 9.9m transactions in October, compared to 3.9m transactions in March
Egypt’s Irrigation Ministry implements EGP 100bn worth projects
Rehabilitation of canals coincides with shifting to modern irrigation systems
Opinion| Ethiopia will not listen to the voice of reason
Reports from Ethiopia show that Addis Ababa aims to use the negotiations as a tactical manoeuvre to avoid signing a legally binding agreement that may restrict its ambitions to build…
ABE signs agreement to finance 1.5 million-feddan reclamation project
Farouk emphasized ABE's keenness to cooperate with the Ministry of Agriculture and the Egyptian Countryside Development Company to contribute to the success of the 1.5 million-feddan project.
EFG Hermes 18% YoY growth in net profit during Q3 of 2020
Revenues for the quarter came in at EGP 1.4bn, up 21% YoY. Revenues were buoyed by strong performance from EFG Hermes’ buy-side platform on the back of strong revenues at…
Google Doodle celebrates iconic actor Ahmed Zaki’s 71st birth anniversary
Zaki was one of the first dark-skinned actors to play leading roles in Egyptian films, paving the way for similar actors to enter the Arab film industry.
Prime FinTech to account for 70% of Prime Holding’s business within 3 years: Chairperson
Money market's recovery after coronavirus pandemic will affect Prime Holding's traditional activities positively next year: Vice Chairperson