Covid-19 silver lining a more support to Egypt’s renewable, industrial sectors

As part of the same package of measures, the price of electricity would be reduced for heavy industry consumption, from EGP 1.10 ($0.07) to EGP 0.10 ($0.006) per KWh. For…

Daily News Egypt Daily News Egypt

Diverse tourism marketing campaigns needed as Egypt may become post- pandemic ‘safe haven’: OUD

We seek to establish medical tourism complex, exploiting Egypt’s natural resources, says Marriott Hills

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Egypt’s Parliament to donate EGP 20m to Tahya Misr Fund

Move aimed at fighting coronavirus: parliamentary statement

Daily News Egypt Daily News Egypt

Trump threatens to cut WHO funding; official responds ‘Now is not the time’

Trump also criticised the WHO’s initial response to the outbreak and the time it took to declare the outbreak a global pandemic, on 11 March.

Daily News Egypt Daily News Egypt

Stakeholders offer innovative support for Egypt’s entrepreneurs

Support organisations roll up sleeves to help start-ups overcome COVID-19 impact

Mohamed Alaa El-Din Mohamed Alaa El-Din

TMG Sukuk records 2.5 bid-to-cover ratio: EFG Hermes

FRA earlier approves first Sukuk offering worth EGP 2bn

Alyaa Stohy Alyaa Stohy

Egypt’s net international reserves retreat to $40bn in March amid global shocks

Bank directs $5.4bn to cover local hard currency needs, bridge gap from foreign investment decline

Hossam Mounir Hossam Mounir

Cabinet approves 6-month leeway on tourism, private airlines utility payments

Stakeholders argue decision protects against lay-offs, hotel closures, others believe it neglects tourism companies

Nehal Samir Nehal Samir

High online grocery orders growth due to COVID-19 measures: Noon

We demand exclusion of e-commerce companies from curfew, says Hendawy

Mohamed Alaa El-Din Mohamed Alaa El-Din

UAE records highest number of new GCC COVID-19 infections Wednesday

Gulf state records 300 new cases, alongside Qatar at 153, Saudi Arabia 137 cases and Kuwait records 112

Sarah El-Sheikh Sarah El-Sheikh