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Prime Group Egypt plans IPO of two subsidiaries this year
Prime Group Egypt plans to list two subsidiaries, Prime Hospitality and Prime Real Estate on the Egyptian stock…
Egypt’s food industries exports total $3.5bn in 2020
Egypt’s food industries exports was unchanged during the year ended on 31 December 2020 when compared to a year…
Abu Dhabi Islamic Bank Egypt: 2020 net profit surges to EGP 1.195 billion in 2020
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) announced on Sunday its net profit grew to 1.95 billion Egyptian pounds…
Orange Egypt says revenues grew 6.7% in 2020
Orange Egypt reported on Sunday a 6.7 percent year-on-year increase in revenues to €891 million ($1.1 billion or…
Egyptian Finance Minister tests positive for coronavirus – sources
Egyptian Finance Minister Mohamed Maait has tested positive for coronavirus, sources with knowledge of the matter…
Eni daily production from assets in Egypt fell 18% during 2020 after demand shock
Eni’s daily production of oil and gas from its Egypt-based assets slides 18 percent in 2020, as global energy…
King Tutankhamun funerary mask is must-see tourist icon: The Telegraph
British newspaper The Telegraph has published a report on tourism in Egypt, showcasing the Pharaoh Tutankhamun’s…
Russia offers to provide the African Union with 300 mln doses of Sputnik V vaccine
Russia has offered to provide 300 mn doses of its Sputnik V vaccine to the African Union along with financing for…
CBE-hosted FinTech Innovation sprint launched to address COVID-19 challenges
The Central Bank of Egypt (CBE) has collaborated with the Financial Regulatory Authority (FRA) to launch an…
Russian flights to return to Sharm el-Sheikh and Hurghada for first time since 2015
The Egyptian Aviation Authority announced that starting March 28, the Russian NordStar Airline will operate four…