US, Greece foreign ministers to meet over Eastern Mediterranean tensions
Extraordinary EU foreign ministers meeting has been set for Friday
Businesses plan major operational changes as resilience prioritised: HSBC Navigator
The new Navigator report, “Building Back Better”, from HSBC Commercial Banking, shows that many firms neglected contingency planning in key operational areas such as technology, finance and sustainability prior to…
EIPICO reports 17% y-o-y revenues decline to EGP 1.46bn in H1 2020
Pharmaceutical company underperformed on market, reporting aggressive 31% decline in retail sales
Misr Cement records higher margins in Q2 despite subdued volumes
Company reports net profit of EGP 14m, down 63% q-o-q, but up 180% y-o-y
Egypt Tourism Minister, investors explore promoting travel destinations abroad
Meeting discusses possibility of seeking assistance from experts to develop long-term tourism marketing plan
SODIC gross sales in 7M 2020 equal 2019 levels despite pandemic
Gross contracted sales of residential units reported at EGP 1.83bn in H1 of 2020
EALB to increase social housing finance to EGP 2bn
Bank’s mortgage finance portfolio has doubled to 8,000 clients
Planning Minister discusses 3rd phase of financial grant to irregular workers
El-Said says training programmes for irregular workers will be announced after grant disbursement
South Africa COVID-19 infection rate appears to be stabilizing
For several days, daily confirmed cases in South Africa have hovered around 3,000, compared with about 10,000 a week ago.
British economy sees deepest quarterly contraction since 1955
"The British economy recession brought on by the coronavirus pandemic has led to the biggest fall in quarterly GDP on record," said Jonathan Athow