Egypt Post, AOI cooperate on developing postal services
The two entities also agreed to manufacture 50 cars before the end of this year, which include armoured vehicles used in transferring money, as well as cars equipped with ATM…
Egypt’s auto market shows potential recovery as June sales surge 18%
This comes despite auto market sales in Q2 of 2020 reportedly being declining 3.8% y-o-y, and 35.3% quarter-on-quarter, amounting to 37,400 units.
Egypt sees 36.2% decrease in May trade deficit: CAPMAS
The report, issued on Wednesday, noted that the country’s trade deficit stood at $2.59bn during May 2020, down the $4.05bn in May 2019
EFG Hermes concludes advisory role in $50m sale of Fawry shares
EFG Hermes acted as sole bookrunner of the Fawry shares transaction on behalf of the selling shareholders
Tokyo stocks close lower on earnings concerns, firm yen
Investor sentiment remained pessimistic sending Tokyo stocks lower for a fourth straight day amid concerns about continued negative impact of the pandemic
Coronavirus deaths worldwide top 650,000, WHO urges action
Countries should implement strict measures to suppress coronavirus transmission, including mass testing, quarantine, social distancing and wearing a mask
US experimental COVID-19 vaccine protects airways in nonhuman primates
Animals receiving the 10-microgram or 100-microgram dose COVID-19 vaccine candidate produced antibodies at levels well above those in people who recovered
Health Ministry denies conducting clinical trials without informed consent
Egypt reports 465 new coronavirus cases raising total to 92,947
Egypt faces protracted security challenges along western borders with Libya
Libya’s deteriorating security means terrorism is being reproduced in Egypt, but at higher severity, says Egyptian security expert
Egypt prefers negotiations over military route to resolve Nile dam crisis: Al-Sisi
The President added, "Justice relating to the water issue was proven by the Ancient Egyptian civilisation, which was founded on the waters of the River Nile."
