Egypt’s annual core inflation on hold at 1.9% in March: CBE
The CBE added that its consumer price index (CPI) inched up to 0.4% in March, compared to 0.2% in February and 0.5% in March 2019.
Industry Ministry secures disinfectant factories’ needs of ethanol, methanol
The ICA has conducted 2,108 inspection tours of local factories and 4,413 specialised technical studies in the first quarter of 2020.
Al-Sisi instructs expansion in strategic crop cultivation
The General Director of the National Service Projects Organization and the Chairperson of the National Company for Protected Agriculture also attended the meeting.
Cabinet denies disbursing EGP 500 aid to irregular workers at banks
The government has announced an exceptional financial assistance for irregular workers affected by the ongoing coronavirus (Covid-19) outbreak and preventative measures.
African finance ministers discuss economic implications of Covid-19 pandemic
It was the third meeting of African officials within a month in light of mounting pressure on African governments for economic stimuli and debt relief.
Bayer supports Sona3 Alkheir’s healthcare initiatives against coronavirus
The initiative aims to raise awareness of precautionary measures against the novel coronavirus (Covid-19) and good hygiene habits, especially among underprivileged families.
Al Ahly Sabbour partners with Tahya Misr Fund to provide ventilators for coronavirus patients, 75,000 detection kits
Firm also secured 250 tonnes of food commodities to 30,000 low-income families
4 coronavirus cases detected in Aswan’s Magdi Yacoub Heart Foundation
The foundation said in a statement late Wednesday that the Health Ministry was informed of the new Covid-19 cases to take the necessary procedures.
Egypt’s urban CPI inflation falls to 5.1% in March: CAPMAS
As for the annual inflation, it fell to 4.6% in March, compared to 4.9% in the preceding month, and 13.8% in March 2019.
5.5% March inflation increase expected due to health, food indices upsurge: Naeem
Current headline inflation rate stands at 5.3%, core inflation at 1.9%
