Afreximbank anticipates raising over $1bn in syndicated loan despite COVID-19

Market’s confidence in bank, despite current uncertainty, was testament to strength of Afreximbank’s investor relationships

Shaimaa Al-Aees

COMESA to develop online information platform for essential products

Member states will electronically publish new trade, customs measures in response to pandemic

Shaimaa Al-Aees

Vodafone Egypt reports revenues of EGP 26.4bn in FY 2019/2020

The figures for FY 2019/2020 compared to the €1.1bn reported in the FY 2018/2019, with Vodafone International’s fiscal year starting on 1 April and ending on 31 March of each…

Mohamed Alaa El-Din

Unemployment decrease consistent with Egypt’s high growth rates: El-Said

Decrease offset by negative impacts of coronavirus and slight increase in unemployment reported in April

Daily News Egypt

103 projects approved for City Center Almaza’s investment zone

Investment zones operate in Giza, Sharqeya, Damietta, and Cairo on 2,142 feddans with EGP 29.5bn investments, says Abdel Wahab

Daily News Egypt

Cairo University reveals details of Covid-19 treatment protocol 

Protocol includes two low-cost drugs already used in Egyptian market

Daily News Egypt

Ericsson highlights impact of COVID-19 on telecommunications

Cellular, fixed and wireless broadband technologies are essential to support various companies, says Al Daftar

Mohamed Alaa El-Din

DETGD, Microsoft cooperate on digital transformation initiative

Joint initiative seeks to help smaller companies reap advantages of ERP systems

Mohamed Alaa El-Din

Avaya’s remote working app subscriptions soar 2000%

App has been made free worldwide, with free trial version available to private sector

Mohamed Alaa El-Din

Orange Egypt, Misr El Kheir partner provide food, sanitizers to irregular workers’ families

Initiative is part of company’s continuous efforts supporting Egyptians face COVID-19 crisis

Daily News Egypt