Oil price hike revives petrochemical companies’ performance in Q3 of 2020

SIDPEC among most prominent beneficiaries of oil price rise, given increased demand for polyethylene

Alyaa Stohy

Egypt Parliament approves 3 international cooperation agreements worth $92.5m 

Agreements cover Cairo Metro Line 1 renovation, higher education, and reproductive health

Nehal Samir

Active restoration accelerates tropical forest recovery by 50%: Study 

Southeast Asian tropical forests contain higher above ground carbon densities to others

Daily News Egypt

Prosecution investigates bullying incident at Kafr El-Sheikh University entrance tests

Student allegedly faced bullying over his facial features from professor responsible for evaluating students as part of entrance test

Daily News Egypt

Egypt’s top religious authorities send relief supplies to Beirut

Two aircraft carrying 27 tonnes of medical, relief, and food aid arrived in Lebanon as part of Egyptian air bridge

Daily News Egypt

NBE launches new services to support digital banking strategy

New services include money transfers using IBAN, payroll, credit card activation and cancellation, electronic wallets, and access to Fawry e-payments

Hossam Mounir

Egypt’s Importers Division reports sector’s problems to FEDCOC

Indicative prices relating to Egyptian customs have caused significant local price hikes, especially for low-income consumers, says Division of Importers member

Shaimaa Al-Aees

Egypt to resume Luxor, Aswan tourism activities in early September

Tourism experts anticipate occupancy rates to return to pre-COVID-19 levels between February and October 2021

Nehal Samir

ABE to install 25,000 POS terminals at agricultural entities nationwide: Chairperson

Bank has issued about 1.6m Meeza cards and 85,000 smart cards to farmers, says Alaa Farouk

Hossam Mounir

IDB prepares to launch full range of digital banking services: Chairperson

Bank has allocated significant budget to achieve comprehensive technological development, establish electronic branches, says Maged Fahmy

Hossam Mounir