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Auto sales show solid growth in 1Q2020, but most of the gains came before covid hit in the second half of March
Auto sales show solid growth in 1Q2020, but most of the gains came before covid hit in the second half…
More than half of Greater Cairo’s outdoor billboards were empty in April 2020
Sign of the times: More than half of Greater Cairo’s outdoor billboards were empty in April 2020, compared to a…
House approves new fees to help government plug the deficit as it spends bns to fight covid-19
LEGISLATION WATCH- House approves new fees to help government plug the deficit as it spends bns to fight covid-19: The…
Gov’t cuts growth outlook for FY2020-2021 — again
Gov’t again cuts growth outlook for FY2020-2021: The government has revised downward its growth outlook for FY2020-2021 to 2% from…
Egypt’s hotels to reopen from for domestic holiday makers from 15 May — under conditions
Gov’t to allow staycations from 15 May as it seeks relief for tourism sector: Hotels will be permitted to open…
EFIC appoints Mohamed El Abassy as chairman
MOVES- Mohamed El Abassy has been appointed as chairman and managing director of fertilizer manufacturer Egyptian Financial and Industrial Co.…
El Guindy tapped as Egypt’s assistant ICT minister for strategy, implementation
MOVES- CIT Minister Amr Talaat has appointed Sherine El Guindy (bio) as assistant minister for strategy and implementation, according to…
GSK reports 291% increase in net profits in FY2019
EARNINGS WATCH- GSK profits soar 291% in FY 2019: GlaxoSmithKline’s local subsidiary reported profits of EGP 142.63 mn in FY2019,…
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