Latest in Highlight
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Egypt allocates EGP 3.7bn for hosting World Handball Cup: Sports Minister
Championship to be held in January 2021 with participation of 32 teams
Egypt MCIT, Purdue University to launch dual degree programmes
EUI will be the first university in Middle East and Africa region to specialise in information and communications technology
No election related violations recorded in Egypt’s Senate polls
Some individual candidates continued handing out their campaigning flyers in front of polling stations, violating electoral silence
Ain Shams residents hopeful new legislative body will fulfil their aspirations
Sceptical boycotters of elections voice doubt that Senate will change ‘nationalised’ political scene
Increased voter turnout reported on second day of Senate elections
Voters praise precautionary measures at different polling stations
Improved corporate business results, expected unchanged interests push EGX to consolidate
Moving above 10,600 points will help EGX breach resistance levels, says Okaz official
EBRD grants $100m to Banque Misr under Trade Facilitation Program
Banque Misr got another $100m loan that will be on-lent to local SMEs, corporates
Egypt condemns Turkish strike on Iraq’s Kurdish region killing three
Iraqi officials labelled the strike as ‘blatant Turkish drone attack’
Egypt’s Intelligence Head, SRF discuss final arrangements for peace agreement with Sudan
Abbas Kamel meeting with Sudan Revolutionary Front (SRF) aimed to support negotiations process, reach a comprehensive agreement towards sustainable peace.
Egypt’s Health Minister pledges medical support for South Sudan to combat Hepatitis C, B viruses, COVID-19
The two ministers inspected several medical centres South Sudan, including the Egyptian Kidney and Dialysis Center, and Juba Teaching Hospital (JTH).
Egypt’s Intelligence Head meets South Sudan’s Salva Kiir in Juba
President Al-Sisi stresses strength of Egypt-South Sudan relations during meeting
Banque Misr increases stake in CI Capital to 15.12%
Bank purchases about 14m shares worth approximately EGP 58.1m
US, Greece foreign ministers to meet over Eastern Mediterranean tensions
Extraordinary EU foreign ministers meeting has been set for Friday
Businesses plan major operational changes as resilience prioritised: HSBC Navigator
The new Navigator report, “Building Back Better”, from HSBC Commercial Banking, shows that many firms neglected contingency planning in key operational areas such as technology, finance and sustainability prior to the crisis.
EIPICO reports 17% y-o-y revenues decline to EGP 1.46bn in H1 2020
Pharmaceutical company underperformed on market, reporting aggressive 31% decline in retail sales
Misr Cement records higher margins in Q2 despite subdued volumes
Company reports net profit of EGP 14m, down 63% q-o-q, but up 180% y-o-y
Egypt Tourism Minister, investors explore promoting travel destinations abroad
Meeting discusses possibility of seeking assistance from experts to develop long-term tourism marketing plan
SODIC gross sales in 7M 2020 equal 2019 levels despite pandemic
Gross contracted sales of residential units reported at EGP 1.83bn in H1 of 2020
EALB to increase social housing finance to EGP 2bn
Bank’s mortgage finance portfolio has doubled to 8,000 clients
Planning Minister discusses 3rd phase of financial grant to irregular workers
El-Said says training programmes for irregular workers will be announced after grant disbursement
South Africa COVID-19 infection rate appears to be stabilizing
For several days, daily confirmed cases in South Africa have hovered around 3,000, compared with about 10,000 a week ago.
British economy sees deepest quarterly contraction since 1955
“The British economy recession brought on by the coronavirus pandemic has led to the biggest fall in quarterly GDP on record,” said Jonathan Athow
Egyptians head to polls for Day 2 of Senate elections
“I came to vote because I am afraid of the prospect of Islamists sneaking back into senate,” a woman in her mid-forties told Daily News Egypt
Opinion| Five Networking Keys to Successful Working from Home
Based on Aruba’s extensive experience in enabling remote and home office networking, there are five key components of an effective and productive work-from-home solution. These highlight the differences between consumer and enterprise-grade solutions.
DNE Buzz list of top 6 natural wonders in Egypt
With global travel still affected by pandemic, these natural wonders are an ideal getaway for staycationers looking for a unique experience
Egyptian youth wins 2nd place in global Yoga contest
As part of the celebrations, India’s Ministry of AYUSH conducted the global contest to encourage Yoga practitioners worldwide to share their experiences with the ancient practice.
Expo One, Grand Technology collaborate on virtual solutions at MEA exhibitions
With 11 years of experience collectively under the belts, Expo One specialises in creating platforms that directly contribute to the development of industry in the MEA region.
Facebook donates $1.6m to Lebanon hospitals, NGOs
In the statement, the social networking company said that the figure includes donations of $500,000 from a campaign by Facebook users, an amount that was matched by the company. The donation by Facebook comes in the wake of a huge explosion at the port in the country’s capital, Beirut, last Tuesday.
Egypt makes great strides in implementing AI national strategy: CIT Minister
Talaat pointed out that an ambitious programme for capacity-building has been launched with the aim of providing knowledge of artificial intelligence to all segments of society. As part of this, a comprehensive programme will be launched to educate all government employees on the uses of AI, to make government operations more efficient and transparent.
Egypt reopens 21 COVID-19 isolation hospitals as infections increase
Health Ministry reports 168 new cases, bringing country’s total number of infections to 95,834