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Egypt to establish six cotton gins; three to start operations end-2020
Egypt’s Public Enterprise Minister Hisham Tawfik said the establishment of six new cotton gins is underway, with…
Egypt’s Pope Tawadros II leads Palm Sunday mass without audience
The head of Egypt’s Coptic Orthodox Church Pope Tawadros II led the Palm Sunday mass at Church in Wadi El-Natroun…
SAIB Bank EGP 750m syndicated loan for Dorra Group’s CRC
SAIB Bank signed a 750million Egyptian pounds medium-term syndicated loan agreement for an affiliate of Dorra…
Egypt’s parliament not to postpone meetings despite coronavirus
Parliament speaker Ali Abdel-Aal announced on Sunday that parliament will meet on 29 April and that it will no…
Coronavirus cases in Egypt pass 2,000, with 126 new infections and 15 deaths
Egypt has reported 126 new coronavirus cases, bringing the total number to 2065, a health ministry statement said…
Egypt delays Banque du Caire IPO due to coronavirus
Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire in an initial public offering…
Egypt’s NBE bank starts selling Ma’ash Bokra insurance policies Sunday
Roughly 40 branches of the National Bank of Egypt (NBE) has started selling its new insurance product - Ma’ash…
Egypt renegotiates price for 100k tonne sugar purchase – traders
State-owned sugar buyer Egyptian Sugar and Integrated Industries Company (ESIIC) has renegotiated the price of its…
Japan’s Avigan experimented on 620 Egyptians showing promising results
The Japanese antiviral drug Avigan, which is also known as favipiravir, was tested on 620 citizens infected with…
Egyptian police disperse village to prevent burial of doctor died of coronavirus
Egyptian police fired tear gas on Saturday to disperse a crowd of people who gathered in a village near the Nile…