“Our major advantage is diversified setup… we aren’t dependent on specific industry”: KML Chairperson

Company has several new projects, investments to improve quality of services offered to customers in Breakbulk Europe 2019

Aya Nasr

13 banks in Egypt score EGP 8.48bn in net profits in 1Q19

CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal Islamic Bank in 3rd

Hossam Mounir

EFG Hermes Leasing obtains EGP 75m facility from SFD

Plan to launch another securitisation programme in pipeline before end of 2019

Alyaa Stohy

Cleopatra Hospital completes Queens acquisition, plans to increase capacity

New plan to create two new clinics every year over course of five years, says Cleopatra CEO

Alyaa Stohy

US sets Turkey deadline to give up Russian missile deal

Turkey will be forbidden from taking final delivery of the four F-35s it recently ordered. Training for Turkish personnel on the F-35 will be discontinued from the end of July.

Daily News Egypt

New US sanctions show unwillingness to engage in talks: Iran FM

US sanctioned Iran’s largest petrochemical holding group on Friday for indirectly supporting IRGC

Daily News Egypt

EgyptAir cancels flights to Sudan

Ethiopia attempts to mediate Sudan crisis after bloodshed

Daily News Egypt

Thanaweya Amma national exams begin across country amid reports of leaks

Education Ministry denies leak of Thanaweya Amma Arabic Language exam

Daily News Egypt

55 Russian companies express their desire to invest in SCZone

Trade exchange between Egypt, Russia hits $7.66bn in 2018

Nehal Samir

Intro Energy to launch $100m energy projects in 3 years

Intro Energy is planning to launch several projects to produce electricity from renewable resources with investments of $100m within 3 years

Mohamed Farag