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

COVID-19 affects companies’ financial reporting
Entities need to estimate economic impact of pandemic either positive or negative on their businesses, says ProHouse Consultancies

What should businesses do to stay one step ahead of COVID-19 fallout?
McKinsey offers recommendations for current crisis management

Egypt’s COVID-19 rates within expectations: President’s health adviser
Health Ministry reports daily record of 189 new COVID-19 cases

Parliament initially approves draft law on economic measures dealing with COVID-19 impact
The committee modified the second article on submitting tax returns so that it can apply to tax returns provided by ordinary citizens, whose deadline expired on 31 March.

Military Production Ministry produces sterilisation booths to curb COVID-19 spread
Ministry delivers four booths, which can measure body temperature, to parliament

Egypt starts clinical trials for COVID-19 treatment using blood plasma
Many countries have already started clinical trials using blood plasma including US, China, France, UAE, and India

International energy companies join fight against COVID-19
Despite the impact on global energy companies, many have stepped up to take part in efforts to combat the virus and contribute to initiatives. It has also seen the companies make donations and provide financial aid during the outbreak

COVID-19 cases in Africa rise to 22,528, death toll at 1,127
Tunisia, Morocco, Zimbabwe extend lockdowns to curb virus’ spread

Egypt celebrates Easter and Sham El-Nessim amid COVID-19 precautions
Egyptian Sham El-Nessim follows the Orthodox Easter. The dish most closely associated with the spring celebration is Feseekh or salted fish

Tanzanian MP tests positive for COVID-19
Ackson told parliament that the lawmaker who has tested COVID-19 positive was infected with the deadly virus after he had travelled to Dar es Salaam

Lebanon COVID-19 cases rise to 677, death toll at 21
Lebanese Health Ministry started on Monday doing random tests for people all over the country to assess the extent of Lebanon COVID-19 spread

COVID-19 situation improves “slowly but surely” in Europe
COVID-19 pandemic situation is improving “slowly but surely” in France though it is far from over, Philippe told the press conference

Cabinet approves new income tax facilities in response to COVID-19
The new measures allow payment of 2019 income taxes in instalments until 30 June without any charges for delays in payment. Moeit said the instalments will be divided into 20% of the tax due in April, 30% in May, and 50% before the end of June.

Limited impact of COVID-19 on Chinese businesses in Egypt: Embassy
Chinese direct investments in Egypt increase 40% in 2019, says ambassador Liao

17 confirmed COVID-19 cases at Al-Qasr Al-Eini Hospital: Cairo University
Hospital was approved as a quarantine hospital for COVID-19 patients on Thursday

China to send Egypt additional medical aid to help fight COVID-19
Beijing ambassador denies discrimination against African nationals

Electricity projects not affected by COVID-19: Shaker
Ministry of Electricity has ensured diversity in projects’ capabilities to keep electricity supply running

KarmSolar, Karm Construction provide open source design of Covid-19 field hospital
According to a statement issued by KarmSolar, the hospital construction costs EGP 13m and takes 15 days to be completed. The hospital’s capacity can reach 192 beds on 16 wards, with each ward having 12 beds. The hospital design considers the different stages of the coronavirus treatment protocol.

Egypt’s food exports likely to decrease 30% due to COVID-19: FEC
Factories risk halting operations if coronavirus crisis lasts for three months, says Berzi

Public-private partnerships can defeat coronavirus
Working with private labs to boost testing capacity, the federal government is expected to make available 1.4m tests by next week and 5m within the month, according to administration estimates.

Africa needs $114bn to fight COVID-19: financial institutions
Development, private sector partners mobilise up to $70bn, leaving $44bn financing gap

Egypt sees daily record of 171 Covid-19 cases
Country’s total infections rise to 2,844

Al-Sisi, Modi discuss coronavirus cooperation
Pair agree on exchanging experiences in combating pandemic, preventive healthcare

TMG donates EGP 62m as part Covid-19 response
Donation recipients include Tahya Misr Fund, Health Ministry, ‘A Decent Life’ initiative

Maspero employee tests positive for Covid-19
The nurse underwent the coronavirus test on 15 April when the results came in positive.

IMF warns of Middle East debt amid COVID-19 battle
Regional economies have been blindsided by health emergency and oil price crash, says Bloomberg

Egypt Gold cuts production due to COVID-19
We are proceeding with going public but timing relies on market recovery, says Nassar

Trade Ministry to settle EGP 1.5bn in arrears to 1,177 companies
In a seminar run by the Engineering Export Council of Egypt, entitled “Crisis Management, Challenges and Opportunities”, Gamea said the ministry is looking to ensure continuity of production and export processes.

President Al-Sisi praises citizen solidarity with government during COVID-19 outbreak
In posts on the president’s official Twitter account, Al-Sisi said that Egypt is reaching the conclusive stage in the fight against the ongoing outbreak.

VictoryLink endeavours to help Ministry of Health combat COVID-19 through SMS service
The partnership aims to use SMS service to keep citizens up-to-date with the latest information on the precautionary measures.