FRA introduces new type of investment funds specialised in transferred financial values

Transferred financial value funds provide financing for all financing companies, says Omran

Alyaa Stohy

Dice reports significant losses in Q1 of 2020, likely from weak exports

The company reported that net revenues stood at EGP 260.2m, down 40% quarter-on-quarter (q-o-q) and 23% year-on-year (y-o-y).

Alyaa Stohy

Culture Ministry to resume activities mid-July by opening theatres

All cultural facilities will reopen with 25% capacity limit, says Inas Abdel Dayem

Daily News Egypt

Hilton Cairo Zamalek Residences receives health and safety certificate   

The hotel is now licensed to receive guests up to 50% of its total capacity, as set by the Ministry of Tourism and Antiquities, Ministry of Health, and the Egyptian…

Daily News Egypt

About 100 COVID-19 fatalities, over 3,000 infections among doctors so far: EMS 

Syndicate rejects attempts to lay blame on doctors for increased deaths from virus

Fatma Lotfi

No current plan for debuting EFG Hermes Finance on stock market: Group’s MD

Recovery from coronavirus crisis could take up to 18 months: Head of Research at EFG

Alyaa Stohy

EFG Hermes plays lead role in boosting EGX gains

Market capitalisation up by EGP 10.6bn, EGX30 up by 2.55%

Alyaa Stohy

Novartis remains committed to supporting Egypt’s COVID-19 fight

Pharmaceutical company announces formation of $40m global Novartis COVID-19 Response Fund

Daily News Egypt

No new taxes on consumer goods purchased online, in shops: Finance Minister

Maait issues decision to establish unit to follow up on tax collection for T-Bill and bond returns

Daily News Egypt

Unemployment rate remains below 7.5% despite COVID-19: Planning Minister

IMF's growth forecast of 3% reflects confidence in Egyptian statistical capacities, says El-Said

Daily News Egypt