Contact Finance obtains first consumer credit licence from FRA

These decisions regulate the procedures reconciling the situation to the bodies that engaged in the activity before the implementation of the new consumer finance regulatory law

Alyaa Stohy

Spanish police arrest Egyptian national with ISIS links

It was reported that the Egyptian national had likely entered Spain illegally, and was hiding in a rented apartment.

Daily News Egypt

Technolease acquires 9.89% stake in Mohandes Insurance Company

The acquisition saw Technolease purchase 5.94m of Mohandes shares at a total value of EGP 104.555m.

Alyaa Stohy

FRA accepts MCDR Chairperson’s resignation

Abdel Salam had submitted his resignation to FRA Chairperson Mohamed Omran on Tuesday. The resignation is effective as of 18 May, when the MCDR’s general assembly comes to an end.

Daily News Egypt

Egypt’s banks report EGP 83.18bn net profits in 2019: CBE

Top 5 banks account for 50.1% of sector’s total profits, top 10 achieve EGP 58.7bn profits

Hossam Mounir

Does age matter when it comes to receiving COVID-19 treatment?

Spread of virus highlights disparity in views on whether older patients should be given same treatment as younger

Daily News Egypt

Daily cash withdrawal, deposit limits for individuals amended during Ramadan

Individuals can withdraw up to EGP 20,000 daily from ATMs, EGP 50,000 in banks, says FEB Chairperson

Hossam Mounir

Egypt’s COVID-19 cases up to 3,659, with 276 fatalities so far 

New decisions on curfew expected on Thursday, after weekly cabinet meeting

Sarah El-Sheikh