CI Capital records EGP 1.1bn revenues in 1H19, growing 35% y-o-y

Company achieves net profit of EGP 207.7m in this period, up 39% y-o-y

Nehal Samir

Ukrainian ambassador meets Egyptian officials to boost bilateral cooperation

Ukrainian exports to Egypt increased by 26.8%, reaching $652m in Q1 of 2019

Hagar Omran

US enshrining of FX controls to carry serious implications for global market: HSBC

Moving parts involved in current trade negotiations are similar to those evident during mid-1980s

Nehal Samir

Tunisia extends state of emergency for one month, prepares for elections

Tunisia’s prime minister, Youssef Chahed, will run for president in an early election expected September

Daily News Egypt

Iran to further reduce its JCPOA commitments: FM Zarif

In July 2019, US withdrew from the deal re-imposing sanctions on Iran

Daily News Egypt

CBE reveals Egypt’s economy external position

Foreign debt reached 35.1% of GDP at end December 2018, compared to 61.4% of GDP in European coutnries, EMs, and 41.9% in Commonwealth countries

Hossam Mounir

General Prosecutor orders investigation into child abuse by YouTube vloggers

Video circulated on social media showing two vloggers irritating their newborn

Daily News Egypt

Egypt sends medical aid to South Sudan

Egyptian ambassador to South Sudan Ahmed Bahaa El-Din said the shipment comes as part of supporting the health sector in the brotherly country.

Daily News Egypt

Abdel Aaty presents Egypt’s vision on GERD to Ethiopia

Ethiopian side was invited to share Egypt’s experiences and prepare for joint bilateral projects

Daily News Egypt

Cairo Airport obtains license to distribute electricity for five years

Airport expected to sell 171m kw/h in FY 2020

Mohamed Farag