Latest in Tag: COVID-19 Highlight
Latest in Tag: COVID-19

Egypt’s new academic year begins amid strict COVID-19 precautionary measures
Egypt’s new academic year begins amid strict COVID-19 precautionary measures

WHO warns against herd immunity strategy to curb COVID-19 spread
In a study by Swaminathan, she explained that as the global struggle to contain the COVID-19, some are advocating for a so-called natural herd immunity strategy, which they argue can be safely achieved through “focused protection”.

Infrastructure development will lead Egypt’s post COVID-19 recovery: Al Mashat
Minister Al Mashat’s remarks came during her participation in the ‘Global Economic Prospects’ session as part of the World Bank annual meetings on Thursday. The session looked into the COVID-19 impacts on regional economies and the most recent economic indicators since the June 2020 Global Economic Prospects report.

Emerging, developing countries need estimated $2.5trn to meet needs: IMF
G24 calls for increased debt transparency, focus on growing financing needs of developing economies amid COVID-19

Egypt’s NIGSD holds 5th webinar on COVID-19 social, economic impacts on African women
Meeting comes as part of institute’s training efforts provided across Africa through TNMIA, says Hala El-Said

COVID-19 prompts $11.7trn in fiscal actions, or about 12% of global GDP: IMF
The data was released in an IMF report on Wednesday, entitled “Fiscal Monitor: Policies for the Recovery”, during the IMF and World Bank’s annual meetings.

Egypt has better control of COVID-19 fallout than financially advanced countries: Mahmoud Mohieldin
Mahmoud Mohieldin said, “Establishment of New Administrative Capital (NAC) will make it an ideal model to be followed up on by Egypt’s other governorates.”

Egyptian families optimistic about their post-COVID-19 income: CAPMAS
Dependence on aid decreased with easing of precautionaries to confront pandemic, survey shows

AMF gather regional central banks to discuss COVID-19 impact on sector
Meeting was held in cooperation with International Monetary Fund

Egypt’s reforms, substantial international reserves to alleviate COVID-19 impact on credit rating: MEI
With energy sector at helm, Egypt has navigated its way through difficult and fruitful economic transformation

Burkina Faso’s Kaboré expresses appreciation for Egyptian COVID-19 aid
Kaboré’s remarks came during a phone call, on Saturday, with his Egyptian counterpart Abdel Fattah Al-Sisi.

Egypt obtains $500m in finance to support COVID-19 fight
Of this amount, $400m has been provided by the World Bank to strengthen Egypt’s Universal Health Insurance System (UHIS). A further €30m has been provided by France with which to purchase medical and protective equipment, according to Minister of International Cooperation Rania Al-Mashat.

Property developers present appealing offers at Egypt’s first post-COVID-19 expo
The exhibition provided companies with the platform to attract a large base of customers, particularly following the almost total halt of sales in the past six months due to the pandemic.

Real estate companies’ flexibility helps market recover from COVID-19
Pandemic provides real estate developers with new experiences to deal with any crisis in market, says Tarek Shoukry

Trump hospitalised as more White House COVID-19 cases confirmed
In a memo shared via Twitter by White House press secretary Kayleigh McEnany, Conley said that Trump is doing “very well,” and that he “is not requiring any supplemental oxygen”.

International Cooperation Ministry, UN to revive multilateralism amid COVID-19
The meeting was held in the presence of Richard Dictus, Resident Coordinator of the UN Office in Egypt, as well as directors of 15 UN agencies with a presence in the country.

Sarwa Capital bucks COVID-19 trends to go from strength-to-strength
Contact provides over EGP 20bn in consumer financing since inception, excluding real estate financing

China expresses sincere gratitude to Egypt for support during COVID-19: Ambassador
Joint Chinese-Egyptian cooperation to develop vaccine against coronavirus has been steadily progressing

Prime Minister emphasises workplace precautions against COVID-19 during Kafr El-Sheikh visit
The Prime Minister visited Kafr El-Sheikh University’s Faculty of Artificial Intelligence, the first university faculty to introduce robotic devices to help students design and implement various programmes.

Egyptian government allocates $6.13bn to alleviate impacts of COVID-19
Higher social spending could close HDI gap between MCD region countries, global peers: IMF

UNWTO, EBRD join forces on post-COVID-19 sustainable tourism recovery
Green Technology Selector identifies more than 26,000 green technologies that benefit from EBRD support

Education Minister reveals counter-COVID-19 measures to be taken in Egypt’s schools
Curriculums will be explained via television programmes and online platforms, says Tarek Shawky

Tatweer Misr boosts digital marketing spending by 70% to reach target audience
During pandemic, we had to find alternative methods to better reach potential clients, says Ahmed Shalaby

Egypt accommodates doubled internet demand during COVID-19 through infrastructure investments
Egypt’s digital transformation programme and the government’s swift response to the pandemic were among the topical issues explored by Talaat in an in-depth video interview (vidcast) with Oxford Business Group (OBG).

International Cooperation Minister highlights women’s empowerment in COVID-19 response
The minister’s remarks came during her participation in the UN’s Women Political Leaders Session on Thursday, which occurred as part of the celebrations for the UN’s 75th Anniversary.

Egypt sees 8.75% decline in COVID-19 infections decline in 7 days: Hala Zayed
During a cabinet meeting headed by Prime Minister Mostafa Madbouly, on Tuesday, Zayed added that this decrease reflects an evolution and mutation of the virus.

Egypt redefines social contact during COVID-19 thorough international sustainable development efforts: International Cooperation Minister
EBRD has invested over €6.5bn in more than 116 projects in Egypt, covering all economic sectors

COVID-19 highlights need for sustainable real estate: Architects
Pandemic has encouraged Egypt’s real estate developers to reconsider purchasing trends and new demands customers have for properties

STARZPLAY reports 141% growth in users during COVID-19
Comedy one of most watched segments during pandemic, as people tend to escape during difficult times, says study

Egypt would have been unable to face COVID-19 without economic reform,: Songwe
Government continues to implement integrated package of structural reforms to strengthen country’s macroeconomic structure, says Egypt’s Finance Minister