Abu Auf eyes exports of $5m during 2020
Auf Egypt for Food Industries, owners of the Abu Auf trademark, aims to achieve a record in its exports value to…
Egypt’s stocks in red, benchmark EGX 30 falls 0.29% on Thursday
Egypt’s stock exchange’s (EGX) indexes ended trading lower on Thursday, with the benchmark EGX 30 index falling…
Banque Misr will not change offer price for CI Capital shares – FRA
The Egyptian Financial Regulatory Authority (FRA) on Thursday denied news reports claiming that Banque Misr plans…
Bilateral trade between Egypt, Japan grows to $1.3bn in 2020
Trade exchange between Egypt and Japan grew by 22 percent year-on-year (YoY) to $1.3 billion during 2020, despite…
Australia slams Facebook’s move to block news as unnecessary and heavy-handed
“Facebook has defied Australia’s push to make Big Tech pay for news by banning the sharing of content on its…
Erdogan says Turkey to start gradual COVID-19 normalisation in March
Turkey will begin a gradual return to normal life on a province-by-province basis from March, President Tayyip…
UK’s Barclays reports 38% slide in net profit for 2020
Barclays on Thursday reported a full-year profit of £1.53 billion ($2.11 billion) for 2020, down 38% from 2019 but…
Sisi calls on securing fair access to coronavirus vaccines for African nations
Egyptian President Abdel-Fattah al-Sisi called for continuing coordination with the international community to…
CI Capital Holding reports 12% lower profit in 2020
CI Capital Holding For Financial Investments reported consolidated net profits of 474.6 million Egyptian pounds in…
UAE’s Al-Futtaim Group mulls investing in Egypt’s new administrative capital
Dubai-based Al-Futtaim Group is considering expansion in Egypt’s new administrative capital, Timothy Earnest, group…