Capital gain on 24% stake sale of Aman could reach EGP400m: Source

The capital gain on the recent 24% stake sale of Aman for Non-Banking Financial Services (ANBFS) to the National Bank of Egypt (NBE) could amount to about EGP 400m, a…

Alyaa Stohy

Egypt, Sudan, Ethiopia agree to hold 1-week of GERD negotiations

They also agreed that the new round of GERD talks will be held in the presence of observers and experts appointed by the African Union Commission.

Sami Hegazi

US/Israel-Iran tensions rise on anniversary of top Iranian general’s assassination

Washington blames Iran-backed militia for regular rocket attacks on US facilities in Iraq. However, no known Iran-backed groups have claimed responsibility.

Daily News Egypt

Egypt’s Al-Sisi directs for quarry system to be developed nationwide

Meeting reviewed development plan for Egypt's quarry system to maximise state resources. A unified electronic geographical platform established for quarries

Daily News Egypt

Hundreds of people displaced in central Zambia as dam collapses

Kandesha dam in in central Zambia collapsed due to heavy rains and severe flooding resulting in damaged property and displacement of people

Xinhua

Fawry for e-payments obtains EGP 160m loan from Egyptian-American Enterprise Fund

General assembly of Fawry for e-payments agreed to conclude EGP 160m loan between its subsidiary Fawry Microfinance and Egyptian-American Enterprise Fund

Alyaa Stohy

Egypt to launch ‘Go Green Exhibition’ for eco-friendly vehicles on Monday

Egypt’s first “Go Green Exhibition”, highlighting the conversion of vehicles to clean energy and replacement technologies, will kick off on Monday at the Egypt International Exhibition Center (EIEC).

Shaimaa Al-Aees

Luxor hotels see 16% occupancy from domestic tourism, day trippers: Officials

A total of 74% of visitors in Luxor are predominantly domestic with Egyptians keen to explore the history and civilisation of their country, according to Minister of Tourism and Antiquities…

Nehal Samir

Egyptian engineering exports grow 6% in 5M FY 2020/21

Egypt’s engineering exports increased by 6% to $1.11bn in the first five months (5M) of fiscal year (FY) 2020/21, compared to $1.05bn during the same period of FY 2019/20.

Daily News Egypt

Kenya extends coronavirus night curfew for 3 months

The president added all forms of public events and gatherings including political and roadside gatherings, shall remain suspended for the next 60 days.

Xinhua