EFG Hermes reports EGP 4.8bn revenues, 36% y-o-y net profit increase to EGP 1.4bn in 2019
Revenue growth of 20% y-o-y was supported by strong results at both…
Limited interest rate reductions on banks’ certificates despite CBE rate cut
NBE, Banque Misr reduce interests of variable-return certificates only, hold them on…
Limited positive impact on fiscal maneuverability after rates cut, yet downside risks remain: Beltone
Beltone analysts maintain average inflation expectations of 6.5%, which should keep headline…
Facebook launches Arabic third-party fact-checking programme in partnership with Fatabyyano in MENA
As the impact of COVID-19 has spread around the world, Facebook’s third-party…
Easyjet to repatriate British travellers despite Egypt’s air travel suspension over coronavirus
We're very aware how frustrating British citizens situation, says UK ambassador
Sharm El-Sheikh hotels will not accept reservations from 19 to 31 March: South Sinai Governor
Governorate suspends provision of Shisha, tourism facilities violating decision will be closed…
Oil drops below $25/barrel for first time since 2003
Increase in Saudi oil exports leads to excess supply, says Medhat Youssef
Madbouly, Health Minister follow up on anti-Coronavirus measures
Total 207,615 people diagnosed with COVID-19 globally, of whom 8,249 died
Sales of Arabs, foreigners push EGX30 down by 4.8%
EGX keeps dwindling despite tax incentives, interest rates slash
NBE cooperates with Fawry to provide 43,000 POSs for shopping
Karim Soos, Retail Risk Group Head at NBE, said the bank seeks…