Obourland reports 5% top-line growth in H1 of 2020

Company’s net sales for the period record EGP 1,249.0m

Alyaa Stohy

EasyJet to resume flights to Egypt’s Sharm El Sheikh, Hurghada in September

EasyJet will operate two flights weekly to Sharm El-Sheikh International Airport from Manchester in September

Nehal Samir

realme officially launched realme X3 SuperZoom in Egypt, the best flagship smartphone under EGP 10,000

realme leads the smartphone market with 4 revolutionary products catering to modern consumers and youth

Daily News Egypt

High-level China-Africa meeting calls for deepening cooperation against COVID-19 pandemic

As of Tuesday, the number of confirmed coronavirus cases across Africa has surpassed 1.05 million as the death toll of COVID-19 pandemic rose to 23,582

Xinhua

AU agency launches program to assist African MSMEs

As Africa faces socio-economic uncertainties brought by COVID-19, the AUDA-NEPAD MSMEs Academy aims to foster resilience

Xinhua

France to beef up security for nationals in Sahel region after Niger attack

On Sunday, gunmen killed 6 French nationals and 2 Nigeriens in a wildlife park near Niger capital Niamey, amid increased terrorist activity in Sahel region

Xinhua

BLOM Bank to conduct due diligence on selling Egypt unit

Several banks have shown interest in buying BLOM Bank – Egypt, but Emirates NBD is making most moves to seal acquisition deal

Hossam Mounir

Egypt-India trade reaches $4.53bn in FY20 despite COVID-19: Ambassador Kulshreshth

Indian investments in Egypt total over $3.3bn in broad range of sectors

Nehal Samir

Egypt’s real GDP growth projected to reach 6.5% in FY 2021/22: IMF

Inflation expected to jump to about 8% on average in FY 2020/2021, from 5.8% y-o-y in FY 2019/20, says IMF

Nehal Samir

Egypt’s PM Madbouly, government officials go to polls for Senate elections 

Madbouly called on Egyptians to participate in Senate polls, as new legislative chamber will enrich local political life

Daily News Egypt