Moody’s expects prolonged depression in oil prices
Brent to average $35/bbl in 2020 and $45/bbl in 2021, Moody’s projects
Planning Ministry’s Rowad 2030 project produces 7,000 medical face shields
Ghada Khalil, Director of the Rowad 2030 project, noted that about 5,000 of the face shields were distributed to Zayed Specialist Hospital, Zayed General Hospital and October General Hospital.
CAF launches challenge raising COVID-19 awareness
Egypt’s former skipper Ahmed Hassan joins challenge to curb spread of virus
Annual core inflation slows to 1.5% in May: CBE
Last month’s inflation reading below expectations, so interest rates may remain fixed until end of 2020, Pharos expects
Al-Sisi briefed on COVID-19 updates, stresses on protecting healthcare workers
Egypt records 1,455 new cases, 36 new deaths, raising country’s total infections to 38,284
Germany’s Foreign Minister visits Israel to lobby against West Bank annexation
Palestinian presidency praised Saudi Arabia's rejection of Israeli plan to annex lands in West Bank
Trump welcomes Cairo Declaration to end Libyan crisis
The US joins a long list of countries that have leant their support behind the Cairo Declaration, including Russia, France, Italy, the UAE, and the UK.
MCIT amends executive regulations for e-signature law
Citizens will use e-signatures in government transactions, including updating and revising data, without need for paper documents
CIFF Artistic Director resigns after backlash over ‘radical’ social media posts
Activists, social media users demanded Shawky’s sacking after previous posts featuring radical opinions surfaced
4,237 Egyptians stranded in Kuwait repatriated on Wednesday: Manpower Ministry
Two EgyptAir flights Egyptians stranded in Baghdad to arrive in Cairo on Wednesday.