TMG reports 69.4% y-o-y sales decline, but revenues remain solid despite pandemic
The figures bring sales for the first half (H1) of 2020 to…
EIPICO begins production of COVID-19 drug approved by Russia, China
The production of the drug comes after EIPICO received approval from the…
OIH approves restructuring proposal to demerge into two separate companies
The demerger will take place according to the company’s book value, and…
FRA to launch Egypt’s first actuarial table for life insurance industry
Egyptian insurance companies reported EGP 35.2bn in total premiums in June 2019
Fawry raises capital by EGP 400m to finance expansions
The capital raise will take advantage of favourable markets conditions, whilst helping…
COVID-19 sees varied market impacts of profits, losses on Egyptian companies
Pharmaceutical, chemicals, food, communications sectors achieve profits, whilst industrial, real estate, tourism…
Egyptalum pressurised by falling exports, lower prices in Q4 of FY2020
Company invests about EGP 900m in productive cell overhaul operations
Misr Hotels postpones Dahab Safir Hotel opening to January 2021
The hotel, which is located on the Red Sea coast in Sinai,…
Parliament approves EGX transaction stamp duty decrease to 0.5 per thousand
The amendments will see the stamp duty on the Egyptian Exchange (EGX)…
Rameda gets EDA approval to price two coronavirus medicines
Rameda started last month manufacturing Anviziram, which contains the active pharmaceutical ingredient…