Energean negotiates a new price for Edison asset deal at $284m

Energean will gain operations in Egypt, Italy, UK, Croatia and Malta , while Edison will keep its assets in Algeria and Norway

Mohamed Adel

Smokers not more susceptible to COVID-19 infection: Researchers

Giving smokers alternative nicotine delivery means they might prefer these products over cigarettes, and produce better outcomes, says Polosa

Shaimaa Al-Aees

Younger employees most affected by pandemic-caused income declines, job losses

One in four Egyptians have altered food habits due to ongoing crisis, says CAPMAS

Bassant Mohammed

Tougher penalties needed to put brakes on youngsters behind the wheel

Culpable drivers only face an EGP 500 fine and no harsh penalties, such as licence suspension or revocation, says Al-Shahid

Mohamed Salama Ghamrawy

COVID-19 in Egypt: people feel economic bite and government responds

Overall, 73.5% of Egyptians say that they have experienced an evident reduction in household income caused by the pandemic.

Mohamed Salama Ghamrawy

Suez Cement reports net loss of EGP 291m in Q1 of 2020

Company attributes quarterly loss to weak operating performances on back of plummeting demand

Alyaa Stohy

NTRA sets mobile operator outlets’ timings after curfew lifted

The work hours during which outlets can serve customers, came into effect on 28 June, and will run from 9:00 to 21:00. On Fridays, outlets will be open to customers…

Mohamed Alaa El-Din

AMF prepares launch of international immediate payment service

The new service is the latest part of its "Beni" platform for Arab payments, with several other services set to launch in the coming period.

Hossam Mounir

Egypt reports $2.36bn trade deficit in April: CAPMAS

Decline attributed to decreased value of some commodities, including fertilisers, petroleum products, and assorted edibles

Nehal Samir

Misr Chemical Industries reports jump in earnings due to COVID-19

The company posted profits of EGP 26m for the two-month period over April and May 2020, compared to the EGP 7m reported in the same two month period of 2019.

Alyaa Stohy