ITFC injects $9.6bn into Egypt over 12 years: Planning Minister
The minister praised the ITFC’s remarkable activities in development, and the notable rate of progress in implementing its Egypt funding programme for 2020
Energean negotiates a new price for Edison asset deal at $284m
Energean will gain operations in Egypt, Italy, UK, Croatia and Malta , while Edison will keep its assets in Algeria and Norway
Smokers not more susceptible to COVID-19 infection: Researchers
Giving smokers alternative nicotine delivery means they might prefer these products over cigarettes, and produce better outcomes, says Polosa
Younger employees most affected by pandemic-caused income declines, job losses
One in four Egyptians have altered food habits due to ongoing crisis, says CAPMAS
Tougher penalties needed to put brakes on youngsters behind the wheel
Culpable drivers only face an EGP 500 fine and no harsh penalties, such as licence suspension or revocation, says Al-Shahid
COVID-19 in Egypt: people feel economic bite and government responds
Overall, 73.5% of Egyptians say that they have experienced an evident reduction in household income caused by the pandemic.
Suez Cement reports net loss of EGP 291m in Q1 of 2020
Company attributes quarterly loss to weak operating performances on back of plummeting demand
NTRA sets mobile operator outlets’ timings after curfew lifted
The work hours during which outlets can serve customers, came into effect on 28 June, and will run from 9:00 to 21:00. On Fridays, outlets will be open to customers…
AMF prepares launch of international immediate payment service
The new service is the latest part of its "Beni" platform for Arab payments, with several other services set to launch in the coming period.
Egypt reports $2.36bn trade deficit in April: CAPMAS
Decline attributed to decreased value of some commodities, including fertilisers, petroleum products, and assorted edibles
