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

COVID-19 pushes Egypt’s health sector towards digital transformation
Dar Al-Fouad Hospitals investing EGP 200m in digital transformation, preparing to launch mobile app within two months, says El Naggar

Afreximbank grants $3.55bn to Egypt banks amid COVID-19 response
Afreximbank elaborated that the $3.55bn support has been provided to the Central Bank of Egypt (CBE) and other Egyptian banks through its Pandemic Trade Impact Mitigation Facility (PATIMFA).

26% of SMEs suspends activities during January-May due to COVID-19: Report
In some countries, this percentage increased to as high as 50%, as government lockdowns and a global economic slowdown negatively impacted the companies around the world.

Egypt should remain cautious despite lower COVID-19 daily count: Health Ministry
Ministry of Health reports 929 new coronavirus cases, raising total to 83,930

MSMEDA develops plan to improve SMEs sector post-COVID-19: Trade Minister
Gamea explained that the agency is keen to meet with governors and leaders of the authorities working in the SMEs sector.

131 COVID-19 fatalities among Egypt’s doctors so far
On Monday, Egypt reported 931 new coronavirus cases and 77 fatalities

S. Africa imposes penalty for not wearing masks in public
This is necessary to achieve compliance with the wearing of masks to prevent the spread of COVID-19

Denmark announces monkey trial of coronavirus vaccine
DNA vaccine like CoVAXIX “induce cell immunity” preparing human immune system to fight coronavirus by exposing it to a small part of the virus’ surface

11th Creative Industry Summit goes virtual for COVID-19 concerns
This year’s event packed with world leading insights on digital transformation, e-commerce, entrepreneurship, and sustainability

Sabaa Pharma gets initial approval for COVID-19 drug ‘Favipiravir’ registering
The approval was given by the Ministry of Health’s pharmaceutical regulatory body, the Egyptian Drug Authority (EDA). According to the EDA-issued approval, it is expected that all registration procedures will be completed within three months in preparation for production.

Real estate customers adopt ‘wait-and-see’ strategy amid COVID-19 fallout
Despite economic implications of current crisis, Egypt’s real estate sector anticipates strong return once crisis is over, says Sigma Capital

‘Novel coronavirus is not airborne’: Egyptian health official
Egypt reports 912 new COVID-19 cases and 89 fatalities

Egypt registers 912 new COVID-19 cases, tally reaches 82,070
Egypt resumed international flights on July 1 afte 3-month halt, amid a “coexistence plan” to maintain anti-COVID-19 precautionary measures while resuming economic activities

Florida sets new record for daily coronavirus cases
The U.S. state of Florida reported 15,299 new coronavirus cases Sunday, shattering not only its own previous single-day records, but also those of any other state as the pandemic continued to rage in the country. The mind-boggling number brought the total infections to 269,811 in the Sunshine State, with the death toll reaching 4,346, according …

Bollywood superstar Amitabh Bachchan tests positive for COVID-19
Actor’s son, Abhishek, has also tested positive for virus

COVID-19 promotes public, private, civil society cooperation: Al-Mashat
Ministry of International Cooperation works with development partners to help Egypt achieve United Nation’s 17 SDGs

Egypt’s economic reforms offset COVID-19 impact: Al-Sisi
Egyptian President inaugurated on Sunday several national projects

Egypt records 125 COVID-19 fatalities among doctors
Ministry of Health confirms 923 new cases and 67 fatalities on Saturday

Egypt reports 923 new COVID-19 cases, 602 recoveries
Egypt announced its first confirmed COVID-19 case on Feb. 14 and the first death from the highly infectious virus on March 8

Banks in Egypt hedge against COVID-19 despite Q1 profit decline
Daily News Egypt monitors profit decline of 12 banks out of 16 surveyed

COVID-19 environmentally damaging, despite CO2 emission drop: OBG
Environmental impacts especially pertinent for emerging markets under significant economic strain, says OBG report

Massive fiscal response to COVID-19 pandemic pushes global public debt to record level: IMF
Global public debt reaching its highest level in recorded history, at over 100 percent of global GDP, in excess of post-World War II peaks

EGX ends Wednesday trading on mixed note as EGX30 resumes gains
European stocks slip amid concerns of surge in COVID-19 cases

Difficult to say if Egypt has passed pandemic peak: Health Ministry
Egypt confirms 1,025 new COVID-19 cases, 75 fatalities on Wednesday

Egypt economy 2020 to grow 0.8% in worst case scenario: African Economic Outlook
In March, Egypt experienced portfolio outflows, 12% decline in foreign currency reserves

Egypt sporting clubs offer promotions, discounts amid COVID-19
Hotel for Heliopolis Club members over 60 under construction at estimated cost of EGP 20m, members donate EGP 1.2m to low salary employees, says Elsonbaty

Egypt manages COVID-19 effects; maintains economic, social development: Chinese Ambassador
Chinese government will provide further medical aid to help Egypt fight pandemic, says ambassador

MENA startups attract so far equivalent to 95% of 2019 investments
Investments attracted by startups in H1 2020 rose 35% on comparative period in 2019

Egypt reports 1,057 new COVID-19 cases, 67 fatalities
First paediatric isolation hospital to be inaugurated next Sunday in Zagazig

Egypt automotive sector sees continued fluctuations amid COVID-19
New car models like Opel Ingenia, and Peugeot 301 and 3008 to be delivered in July, says Ahmed Ghorab