Acumen sues FRA for EGP 20m over damages to brand reputation

The company demanded a compensation of EGP 20m for damages suffered as a result of the defamation of the company's reputation within the stock market.

Daily News Egypt

World Bank announces $500m to expand, improve Egypt’s social safety nets

Funds reassure World Bank’s commitment to promoting human capital development

Daily News Egypt

Carrefour to open 4 branches in coordination with ITDA in investments worth EGP 230m

According to the ITDA, the space of any hypermarket in Egypt ranges between 10,000 and 15,000m, while the supermarket area ranges between 1,600 and 4,000m.

Basma Tharwat

Egyptian Mineral Resources Authority targets EGP 2.4bn in profits in FY 2019/20

Government calls on management to develop various investment plans to increase profits

Egypt’s PMI improves slightly, yet still in contractionary territory

According to the PMI, the average of 49.4 over the second quarter (Q2) of 2019 was the strongest since Q3 last year, and was noticeably better than the long-run series…

Nehal Samir

UN: ‘Sea-Watch captain should not be criminalised for rescuing lives’ 

“Captains of ships should not be fined for rescuing boats in distress, where loss of life is imminent" said UN Spokesperson, Stéphane Dujarric.

Bassant Mohammed

Israel restores diplomatic ties with Oman claims Mossad chief

Relations between Israel and the Sultanate of Oman witnessed suspension in 2000 in the wake of the widescale Palestinian revolt against the Israeli occupation of the West Bank and Gaza

Taha Sakr

Hong Kong police fired tear gas to disperse protests

The use of force to occupy the legislative council prompted police to fire tear gas to disperse the protesters.

Daily News Egypt

Italian court set captain of migrant rescue ship free

Vella ruled on Tuesday that Rackete had not broken the law when she broke the naval blockade

Daily News Egypt

Air strike hits Libya migrant detention centre

Many wounded, dozens killed in air strike at centre housing migrants on outskirts of Tripoli

Daily News Egypt