NBE closes EGP 10bn securitisation bond subscription for El Taamir

Deal is largest securitisation process in Egyptian market history, and is projected to achieve maximum benefit from short- and medium-term financing

Daily News Egypt

AU calls for legally binding agreement on Ethiopian Dam

Egypt, Sudan, and Ethiopia agree to resume talks on GERD filling, operation during Tuesday’s mini-summit

Sarah El-Sheikh

African confirmed COVID-19 cases close to 750,000: Africa CDC

Africa CDC in its latest situation update issued on Wednesday said that the number of deaths related to the pandemic rose to 15,726 as of Wednesday.

Xinhua

Military airstrike kills armed bandits in northwest Nigeria

Intelligence was later confirmed by aerial surveillance missions, leading to the air bombardment on the armed bandits location in northwest Nigeria

Xinhua

Egypt receives €459m in EBRD investments in H1 of 2020

This compares to the €166m granted to Egypt EBRD in 2019, as it rapidly responded to the needs of emerging economies grappling with the impacts of the novel coronavirus (COVID-19)…

Nehal Samir

Creative Industry Summit holds 1st virtual edition powered by Mountain View Heartwork

Heartwork represents Middle East’s first international happy business hub

Daily News Egypt

Fiat Chrysler, Waymo sign deal to develop autonomous commercial vehicles

Waymo will now work exclusively with FCA for development and testing of class 1-3 light commercial vehicles for commercial delivery customers

Xinhua

Egypt asserts need for ceasefire, political solution in Libya

Shoukry confirmed the Egyptian position concerning the Libyan crisis during two phone calls with his French and German counterparts Jean-Yves Le Drian and Heiko Maas respectively.

Daily News Egypt

CIFF opens up to submissions for Cairo Film Connection 2020

Now in its seventh year, the Cairo Film Connection has provided support for Arab filmmakers to secure funding and partnership opportunities. It has helped bring the compelling and exciting stories…

Daily News Egypt

Study reveals link between sleep, Alzheimer’s

The results showed that people who sleep less than four hours or more than 10 hours at night have higher levels of amyloid-beta deposition

Xinhua