US magazine Variety names CIFF President among influential business leaders shaping global media

The US magazine, Variety, has included President of the Cairo International Film Festival (CIFF) Mohamed Hefzy on its Variety500 list for 2020.

Daily News Egypt

US aircraft carrier to remain in Middle East amid Iranian threats: Pentagon

"Instead of fighting Covid in US, @realDonaldTrump & cohorts waste billions to fly B52s & send armadas to OUR region," Iranian Foreign Minister tweeted

Xinhua

Capital gain on 24% stake sale of Aman could reach EGP400m: Source

The capital gain on the recent 24% stake sale of Aman for Non-Banking Financial Services (ANBFS) to the National Bank of Egypt (NBE) could amount to about EGP 400m, a…

Alyaa Stohy

Egypt, Sudan, Ethiopia agree to hold 1-week of GERD negotiations

They also agreed that the new round of GERD talks will be held in the presence of observers and experts appointed by the African Union Commission.

Sami Hegazi

US/Israel-Iran tensions rise on anniversary of top Iranian general’s assassination

Washington blames Iran-backed militia for regular rocket attacks on US facilities in Iraq. However, no known Iran-backed groups have claimed responsibility.

Daily News Egypt

Egypt’s Al-Sisi directs for quarry system to be developed nationwide

Meeting reviewed development plan for Egypt's quarry system to maximise state resources. A unified electronic geographical platform established for quarries

Daily News Egypt

Hundreds of people displaced in central Zambia as dam collapses

Kandesha dam in in central Zambia collapsed due to heavy rains and severe flooding resulting in damaged property and displacement of people

Xinhua

Fawry for e-payments obtains EGP 160m loan from Egyptian-American Enterprise Fund

General assembly of Fawry for e-payments agreed to conclude EGP 160m loan between its subsidiary Fawry Microfinance and Egyptian-American Enterprise Fund

Alyaa Stohy

Egypt to launch ‘Go Green Exhibition’ for eco-friendly vehicles on Monday

Egypt’s first “Go Green Exhibition”, highlighting the conversion of vehicles to clean energy and replacement technologies, will kick off on Monday at the Egypt International Exhibition Center (EIEC).

Shaimaa Al-Aees

Luxor hotels see 16% occupancy from domestic tourism, day trippers: Officials

A total of 74% of visitors in Luxor are predominantly domestic with Egyptians keen to explore the history and civilisation of their country, according to Minister of Tourism and Antiquities…

Nehal Samir