Egypt commemorates 15th anniversary of Beni Suef Cultural Palace fire
The 15th anniversary ceremony will be held as a part of the 27th Cairo International Festival for Experimental Theatre’s activities, in the presence of Minister of Culture Inas Abdel Dayem.
EGX correction expected to dominate performance pending new stimuli
EGX30 targets support level of 10,800 - 10,970 points this week
Madbouly follows up on availability of Egypt medical supplies for COVID-19
Country’s coronavirus treatment protocol includes Paracetamol, Tamiflu, Azithromycin, alongside anti-malarial and HIV drugs
World Bank cancels undisbursed funds for Lebanon’s Bisri Dam project
Cancellation is due to non-completion of preconditions to commencement of construction on Bisri Dam
Egypt to offer exceptional aid to over 12,000 tour guides amid COVID-19
EGP 500 grant will be presented to every tour guide for four months, over two batches from post offices
Finance Ministry signs 35 agreements to settle export subsidy arrears: Maait
First tranche of subsidy arrears worth EGP 400m to be paid to export companies next month
Egypt targets EGP 45.3bn of electricity sector investments in FY 2020/21: El-Said
Electricity sector is set to increase its production at current prices during FY 2020/21 to about EGP 180.9bn, says El-Said
17 banks in Egypt report total EGP 18.565bn net profits in H1 2020
Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure on banks' balance sheets
Homeowner location, unit layout preferences to change following COVID-19: Colliers
Incorporating open spaces in post-pandemic world adds to aesthetic appeal and will be capitalised into increased house prices, occupancy
Egypt stands in solidarity with Sudan following floods: President Al-Sisi
Sudan announced State of Emergency following unprecedented floods which have killed 99 and injured 46 others