Palm Hills achieves 55% quarterly sales growth, highest H1 new sales in Egypt

Upcoming securitisation transactions to account for EGP 1.5bn in gross receivables portfolio during Q4 of 2020, says Yaseen Mansour

Alyaa Stohy

Egypt’s GB Auto, China’s Higer sign deal for local bus assembly franchise

Higer and GB Polo expected to drive localisation of electric, diesel, and CNG bus production

Alyaa Stohy

Pregnant COVID-19 patients at greater risk of ICU care, giving birth prematurely

Older age, obesity, pre-existing medical conditions increase pregnant women’s risk of more serious symptoms related to virus

Daily News Egypt

Egypt’s external debt decreases to $111.3bn in March 2020: CBE

Bank deposits up by EGP 84.837bn, loans rise by EGP 42.409bn

Hossam Mounir

Egypt ministerial meeting discusses waste-to-energy finance

WTE occurs by burning waste in specialised incinerators without need to separate waste into components

Daily News Egypt

Reconciliation over building violations won’t be extended after September: PM Madbouly

Immediate removal of construction violations that have not been reconciled will begin in October

Shaimaa Al-Aees

Egypt signs $2bn conventional, Islamic facility to finance budget deficit

According to a Ministry of Finance statement, on Monday, the facility was closed by Emirates NBD Capital Limited, the investment-banking arm of Emirates NBD, and First Abu Dhabi Bank (FAB)…

Shaimaa Al-Aees

Lebanon Ambassador to Germany Mustapha Adib appointed Prime Minister

There is need to implement reforms immediately, says Adib

Bassant Mohammed

Woman accused of assaulting policeman released on bail ‘for mental health issues’

UN rejects ‘any violation conducted under its name’, stresses full commitment to Egyptian law

Fatma Lotfi

Three EU countries agree to sanction UN arms embargo violators in Libya 

German Foreign Minister Heiko Maas says EU will not accept destabilisation in Eastern Mediterranean region

Daily News Egypt