NBE, EG Bank, AIB arrange syndicated EGP 650m loan to Misr Italia properties
Joint loan’s arrangement reflects participating banks’ support for real estate sector
Never again: 75 years since the end of the World War II
Ukraine commemorates 8 May as a Remembrance and Reconciliation Day. This day marked the end of Nazism in Europe.
Tawakkol Karman: Facebook lets the Islamist fox guard the henhouse
The appointment shatters Facebook’s impartiality as Karman will have direct editorial influence on what the social media platform publishes
Public Business Sector Ministry, AOI sign MoU establishing tyre production factories
The second factory, which will be built in Alexandria, will be dedicated to producing heavy duty tyres for agricultural tractors and heavy engineering equipment. These tyres will be used both…
Lafarge Egypt repairs 460 ventilator devices in public hospitals
The two initiatives form part of Lafarge Egypt’s corporate social responsibility (CSR) programme.
Gemini Enterprises Africa launches initiative advancing entrepreneurship during COVID-19
The company said the initiative is looking to solve unemployment and create job opportunities that help them build a more sustainable future.
El Sewedy Electric reports EPG 8.1bn revenues in Q1 2020, 2.6% decrease in net profits
Company faced challenges that negatively affected performance due to coronavirus, says El Sewedy
Bad timing for increasing stamp duty on EGX transactions amid low trading: Sigma Capital
The Parliament's planning and budget committee raised on Wednesday the stamp duty on stock market dealings as part of a draft law submitted by the government and scheduled for discussion…
EGX declines 1.8% following parliamentary discussions on stamp tax rise
Blue-chip index, the EGX 30, closed at the end of Wednesday's session at 10,396 points, while the EGX70 EWI index decreased by 2.18%
EMS asks government to change infection control instructions for medical staff
Syndicate says instructions ‘very dangerous’ as asymptomatic medical staff will remain at work, come into contact with others
