FPI exit from Egypt’s T-Bills slows significantly to $2.4bn in April
FPIs recorded EGP 111bn ($7.0bn) as of April, down EGP 37.8bn ($2.4bn) month-on-month (m-o-m). The rate of the monthly decline, however, was significantly lower versus the $10.3bn in outflows witnessed…
Oriental Weavers expects improved 3Q financial results after export improvement
The company's performance is expected to improve with the support of pent-up demand from postponed weddings and national projects. It will be further supported by the launch of higher-quality products…
Jumia introduces interest-free instalment plans marking 8th anniversary
E-commerce sector grew by 80% due to coronavirus pandemic
Pensioners to receive five overdue bonuses in July
Overdue bonuses targets 2.4 million pensioners, and will cost EGP 28bn, says El-Kabbaj
Fawry reports leap in profits due to COVID-19 related measures
Fawry’s net profit amounted to EGP 30.7m in 1Q 2020
EMS calls for releasing doctors arrested for criticising COVID-19 response
Syndicate requested presence of legal representatives during interrogations of doctors arrested over their critical views
Egypt amends filming, photography regulations at archaeological sites, museums
50% reduction on shooting in desert areas surrounding antiquities, says Waziri
Parliament approves $50m EBRD agreement for energy efficiency improvement
Agreement supports Egypt's transformation into regional energy hub, says Minister Al-Mashat
Egypt, AFD sign €151m grant agreement to support energy sector
Agreement provides finance for technical assistance needed to reform Egypt’s energy sector