EGX correction expected to dominate performance pending new stimuli
EGX30 targets support level of 10,800 - 10,970 points this week
Madbouly follows up on availability of Egypt medical supplies for COVID-19
Country’s coronavirus treatment protocol includes Paracetamol, Tamiflu, Azithromycin, alongside anti-malarial and HIV drugs
World Bank cancels undisbursed funds for Lebanon’s Bisri Dam project
Cancellation is due to non-completion of preconditions to commencement of construction on Bisri Dam
Egypt to offer exceptional aid to over 12,000 tour guides amid COVID-19
EGP 500 grant will be presented to every tour guide for four months, over two batches from post offices
Finance Ministry signs 35 agreements to settle export subsidy arrears: Maait
First tranche of subsidy arrears worth EGP 400m to be paid to export companies next month
Egypt targets EGP 45.3bn of electricity sector investments in FY 2020/21: El-Said
Electricity sector is set to increase its production at current prices during FY 2020/21 to about EGP 180.9bn, says El-Said
17 banks in Egypt report total EGP 18.565bn net profits in H1 2020
Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure on banks' balance sheets
Homeowner location, unit layout preferences to change following COVID-19: Colliers
Incorporating open spaces in post-pandemic world adds to aesthetic appeal and will be capitalised into increased house prices, occupancy
Egypt stands in solidarity with Sudan following floods: President Al-Sisi
Sudan announced State of Emergency following unprecedented floods which have killed 99 and injured 46 others
Egypt’s Mubarak-era Agriculture Minister Youssef Wali dies at 89
Wali was among many former officials detained following 25 January Revolution over corruption