Raya Holding receives investment, acquisition offers for Bareeq Tech

In a press statement on Tuesday, Raya Holding added that the investment offers were aimed at accelerating the company’s growth process and increase its business volume. The acquisition bids came…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Beltone aims to complete US subsidiary Auerbach Grayson sale in 3 months

The company said in a statement on Tuesday that the sale process has not been completed yet, and accordingly, the final value of the deal has not been determined.

Alyaa Stohy Alyaa Stohy

EBRD appoints new Director for Eastern Mediterranean region

Ter Woort had served as bank’s first Director, Head of Egypt in 2013

Hagar Omran Hagar Omran

IsDB, ITFC launch online learning platform sharing medical knowledge

Initiative comes as part of bank’s COVID-19 crisis response action

Hagar Omran Hagar Omran

DHL Express, Baheya collaborate to support breast cancer patients amid Covid-19 pandemic

Partnership starts in Ramadan, aims at delivering medication to doorsteps of breast cancer patients, protecting them from Covid-19

Daily News Egypt Daily News Egypt

Higher Education Ministry allocates EGP 2m to innovations combating COVID-19

Focus of ministry’s support is on finding technological solutions to ongoing pandemic

Daily News Egypt Daily News Egypt

Ministers of Environment, Military Production address waste disposal during COVID-19

Urgent, tight measures to be taken in quarantined areas to contain infection and prevent further spread

Daily News Egypt Daily News Egypt

Suez Cement board, senior management take salary cuts due to COVID-19

Company hit by general low demand, high production costs due to the economic fall out from the virus

Alyaa Stohy Alyaa Stohy

Egypt extends nationwide state of emergency for health, security concerns 

Madbouly transfers jurisdiction over some cases from public prosecution to Emergency State Security Courts

Daily News Egypt Daily News Egypt

Israel’s coronavirus infections rise to 15,589, with 208 deaths

The daily average number of coronavirus tests in Israel has dropped to 9,000 in the past 3 days, after reaching a daily peak of 13,342 on April 20.

Xinhua Xinhua