Month: May 2020

EGEMAC to start operations of 5 power transformer stations within weeks

This will see the El Hay El Motamayez and Sadat transformer stations…

Mohamed Farag

Egypt’s long-term healthcare sector vision remains positive despite COVID-19: Renaissance Capital

Stock prices drop since start of 2020 is attractive investment opportunity, says…

Daily News Egypt

BAT working on potential covid-19 vaccine through US bio-tech subsidiary

Candidate vaccine is not commercial; we are willing to work with any…

Daily News Egypt

Egypt sees new daily Covid-19 record of 388, with 1,730 recoveries so far

New quarantines in Gharbeya as further coronavirus infections detected

Fatma Lotfi

Egypt still able to meet financial obligations despite Covid-19: Moeit

Any potential postponement of financial obligations, however, must be through regional and…

Daily News Egypt

GLC, Fawry cooperate to offer EGP 500 grants to painters

Workers will receive short SMS text message once grant can be collected

Daily News Egypt

Egypt conducts highest number of COVID-19 clinical trials in MENA region: Minister   

Egyptian universities have led local research, including genetic sequencing study of virus,…

Daily News Egypt

CIB net income down 9% to EGP 2.4bn in 1Q 2020

ROAE records 19.6%, ROA 2.5%, net profit decreases 9% y-o-y

Daily News Egypt

Egypt’s non-oil private sector sees record decline due to COVID-19: PMI

Private sector companies generally confident economy will reopen soon

Daily News Egypt

Repatriated citizens to be quarantined at state expense: Prime Minister

32 repatriation flights for stranded Egyptians starts Wednesday, says Cabinet Spokesperson Nader…

Daily News Egypt