losses

EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month
Business

EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month

EgyptAir’s daily flight to Casablanca, Morocco, has stopped operating after Moroccan authorities extended the state of emergency in the country…
Egypt’s tourism sector loses a billion dollars a month due to coronavirus
Egypt

Egypt’s tourism sector loses a billion dollars a month due to coronavirus

Several tourism experts have estimated that the monthly losses to Egypt’s tourism sector as a result of the coronavirus pandemic…
Complete curfew in Egypt over coronavirus is possible: Minister
Egypt

Complete curfew in Egypt over coronavirus is possible: Minister

Information Minister Ossama Heikal said that applying a complete curfew in Egypt to confront the coronavirus remains a possibility. During…
NPA: Prices of Egypt’s national newspapers to increase in July
Egypt

NPA: Prices of Egypt’s national newspapers to increase in July

Egypt’s National Press Authority (NPA) announced they would be increasing the price of national newspapers by LE1 in July to…
EgyptAir losses exceed LE15 billion due to currency flotation: Aviation Minister
Business

EgyptAir losses exceed LE15 billion due to currency flotation: Aviation Minister

The flotation of the Egyptian pound augmented air carrier EgyptAir's already significant losses to more than LE15 billion, said Civil…
Israeli losses from wildfires highest ever
Egypt

Israeli losses from wildfires highest ever

Unofficial Israel reports estimated on Sunday the damages caused by the sporadic wildfires that hit Israel last week at two…
Egypt’s Ezz Steel Q1 net loss widens to US$15.4 mln
Business

Egypt’s Ezz Steel Q1 net loss widens to US$15.4 mln

Egypt's Ezz Steel reported a first-quarter net loss, after tax and minority interests, widened to 136.896 million Egyptian pounds (US$15.42…
Fire in Kafr al-Sheikh textile factory under control
Egypt

Fire in Kafr al-Sheikh textile factory under control

Firefighters have brought a fire under control at a spinning and weaving factory in Fouh city, Kafr al-Sheikh, according to…
Mobile ad-blockers growing popularity threatens huge losses
Science

Mobile ad-blockers growing popularity threatens huge losses

Mobile Internet sites face a new threat as millions download ad-blockers to their phones and tablets, removing pesky adverts but…
Public business sector on verge of collapse: Reports
Business

Public business sector on verge of collapse: Reports

Major companies from the public business sector are on the verge of collapse due to increased losses and the deterioration…
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