Latest in Tag: COVID-19 Highlight
Latest in Tag: COVID-19
Afreximbank, AFD discuss opportunities for sustainable post-COVID-19 recovery
PDBs will gather for first time on 12 November at Paris Finance in Common Summit to design new forms of prosperity that put people, planet first
Egypt’s passenger car sales rise 24% in September 2020 despite COVID-19
Locally assembled cars grow by narrow margin of 0.6%, imported cars boom from the previous year by 42.7%
Egypt must continue economic reforms to avoid starting over after COVID-19: Maait
The meeting also discussed the optimal utilisation of technological solutions to contribute to achieving economic targets in a sustainable manner, according to the statement.
Cairo, Giza, and Alexandria record Egypt’s highest COVID-19 cases: Health MinisterÂ
65% of cases are among retirees, those who have been in enclosed places for long periods
Passenger flights in Arab region halved in 6M 2020 due to COVID-19: ESCWA
Arab airlines have lost estimated $38bn in revenues during 2020, reflecting 53% decline on last year
ADSL sees 1.3 million new subscribers in August due to COVID-19
The figures compare to the 8.13 million subscribers recorded by the end of July 2020, an increase of 152,900 new subscribers, and 7 million subscribers during the same month last year, reflecting an increase of 1.3 million.
Egypt Post tightens precautionary measures in preparation for possible 2nd wave of COVID-19
According to the statement issued on Thursday, the authority’s circular No 481 stresses the need to adhere to the precautionary measures, to attempt to avoid further spread.
Improved private sector performance reflects ability to deal with COVID-19: Finance Minister
It also illustrates the ability of companies operating in the local economy to deal with the repercussions of the coronavirus pandemic.
COVID-19 infection rates increase 150% worldwide: Hala Zayed
During cabinet meeting, Madbouly directs for commencement of all cooperation protocols with Iraqi government
Rescheduled Cityscape Egypt aims to boost real estate sales after COVID-19 fallout
Mega property exhibition will take place at Egypt International Exhibition Centre, hosting 65 organisations from 4 to 7 November
Madbouly follows up on COVID-19 protocol treatment medicines availability
Cabinet launches campaign to enforce mask wearing, and discusses new working hours for commercial and service activities
CAPMAS studies repercussions of COVID-19 on Egyptian economy
Egypt’s real annual GDP growth decreases 0.6% in Q3 of FY 2019/20 compared to Q3 of FY 2018/19
Egypt, China discuss cooperation in clinical trials for potential COVID-19 vaccine
Egypt is expected to establish itself as regional centre for Chinese-manufactured COVID-19 vaccinesÂ
Madbouly calls for adherence to COVID-19 precautions to avoid ‘difficult measures’Â
Citizens who violate face mask mandate in public areas, crowded places will face fines, says Mostafa Madbouly
COVID-19 has cost tourist destinations 3x more than 2008 financial crisis: IIF
In its latest report on tourism, in which it made use of the UNWTO data, the IIF noted that tourism will likely be among the last sectors to recover from the shock of the global health crisis.
Ethiopians stranded in Saudi Arabia due to COVID-19 find themselves abandoned
UN International Organization for Migration (IOM) estimates that 2,000 Ethiopians remain stranded on Yemeni side of borders, without food, water or healthcare
Sustainable innovation, empowering human capital to drive Cairo’s post-COVID-19 growth: HSBC
Published on UN World Cities Day, the HSBC City Report focuses on a variety of cities in the region, namely Abu Dhabi, Cairo, Dubai, Istanbul, and Riyadh. It stresses the need for city and business leaders to use the COVID-19 pandemic as a catalyst for more diversified, more digitised, cleaner, and greener cities.
COVID-19 has accelerated digital medical services expansion: Doctor-online Founder
We are targeting customer base of 100,000 by 2020 end, says Mahmoud Abdel Hakim
Egypt successfully handles COVID-19 repercussions thanks to economic reforms: Maait
Government is continuing with structural reforms to attract more investments, says Finance Minister
COVID-19 taught MENA region importance of economic, structural transformation’s social pillar: IMF
MENA region governments took homogenous measures to cushion slight drop in economic activities
Egypt’s car market once again threatened by second COVID-19 wave
Auto sector will not be affected, unless world car factories are completely shut down
Opinion| New Negotiating Considerations in Supply Chain Contracts, with COVID-19 as Force Majeure
A force majeure clause is a common provision in contracts. It is a contractual provision allocating the risk of loss if performance becomes impossible or impracticable, especially as a result of an event that the parties could not have anticipated or controlled.
COVID-19 healthcare response to remain Egypt’s priority for 18-24 months: Official
Presidential Adviser for Health Affairs outlines Egypt’s strategy in handling pandemic during AmCham Special Briefing and Discussion
Egypt’s Health Minister, Italy’s PM discuss cooperation over COVID-19 fight
Hala Zayed highlighted need for solidarity between countries to combat global pandemic
Al-Mashat reviews Egypt’s post-COVID-19 economic recovery at HSBC forum
The minister referred to the recent “Regional Economic Prospects” report on Egypt’s economy, issued by the European Bank for Reconstruction and Development (EBRD), to highlight her remarks.
Cabinet urges Egyptians to wear masks in public areas, vows to penalise violators
Official figures show that infections are rising nationwide
EGX falls over growing foreign sales fuelled by fears of second COVID-19 wave
Expectations for sideways trend to continue between 11,200 and 11,500 points, with good opportunities to trade
Egypt’s cultural tourism can’t recover before October 2021 without COVID-19 vaccine: Official
Cultural tourism represents 35% of country’s tourism income, says Cultural Tourism Association Treasurer
Egypt maintains 3.6% GDP growth in FY20 despite COVID-19: Maait
In a Sunday statement, Maait said that Egypt was able to reduce its deficit–to-GDP ratio to 7.9% in FY 2019/20, compared to the 8.2% recorded in FY 2018/19. The country also achieved a primary surplus of 1.8% at the end of June 2020, despite the negative repercussions of the coronavirus pandemic.
Egypt’s economy exceeds expectations during COVID-19: Maait
The performance was outlined in detail in the Financial Monitor and Outlook for the World Economy Report for October 2020, issued last Thursday. The report reflected the positive results of Egypt’s successful experience in economic reform, which remains highly praised by international institutions.