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

Egyptian Doctors Day commemorated as medical practitioners combat COVID-19Â
EMS cancelled annual ceremony as cabinet halts events, public gatherings in a bid to contain disease spreadÂ

What are the effects of COVID-19 on the entertainment industry?
Massar Egbari is to hold first on-line concert in March

US starts clinical trial of potential COVID-19 vaccine
Another Chinese vaccine is scheduled to apply for clinical trial by April-end

Egypt adopts measures help economy fight Coronavirus fallout
30 new cases in 24 hours, bringing the total to 196 so far, including 6 deaths, 26 recoveries

Facebook launches new Business Resource Hub to support businesses impacted by COVID-19
The second recommendation is to proactively share important information with customers using email, business website, Facebook, and Instagram business profiles.

Egypt’s tourism adopts preventive measures against COVID-19
Workers in hotels will be provided with all required logistics including socks, masks, and gloves. Moreover, the hotels contracted with highly-trained medical teams to deal with any suspected cases of the virus.

International institutions, embassies in Egypt take precautionary actions against COVID-19
EUD, EBRD, US embassy allow employees to work remotely

FocusEconomics expects global recession over 40% in next 12 months due to COVID-19
FocusEconomics panelists have markedly revised its Coronavirus estimate on its impact on global GDP growth as the virus continues to spread around the world.

IMF to help low-income member states with $10bn zero rates-funds to combat COVID-19
About 20 countries showed interest in IMF’s support, says Georgieva

EBI limits its training services to e-learning due to COVID-19
Total number of trainees through e-learning reached 20,000 until February 2020: EBI Executive Director

IIF alarmed over possible sudden stop in financing globally due to COVID-19
Year 2020 feared to be another challenging period for growth across EM

Panic increases as COVID-19 kills 5,833 globally
Italy and Iran in pandemic’s peak phase

FRA advises NBFCs to adopt e-system as precautionary measure against COVID-19
Prime Minister Moustafa Madbouly has temporarily suspended all activities that require large gatherings or movement in large numbers between governorates.

EBRD allocates €1bn to help companies deal with COVID-19 impacts
Recent slump in oil prices to have impact on producing countries in EBRD regions

Army units deployed to Ain Shams University for COVID-19Â disinfection
Mission included 7 officers, 56 soldiers from crisis and chemical warfare departmentÂ

COVID-19, lower oil prices to impact Egyptian economy, Middle East region: IMF
Ramakrishnan anticipates drop in tourism, transportation

COVID-19 pandemic kills 5,539, infects 147,838 people globally
Iran is epicentre of infection in Middle East

Al-Sisi suspends schools, universities for 2 weeks to combat COVID-19
President announces EGP 100bn emergency package to curb virus spread

Egypt repatriates 866 nationals from Saudi Arabia amid COVID-19 fears
In a statement, the consulate said it is following the latest measures against the outbreak of novel Coronavirus (COVID-19), and is communicating with Egyptian pilgrims in Jeddah, Medina, Yanbu, and Makkah, and other visitors who want to return to Egypt.

Egypt vows to prosecute those disseminating rumours, disinformation over COVID-19
Cabinet urges citizens to avoid circulating unofficial statements, information, and to seek accuracyÂ

Closing schools due to COVID-19? Government believes unnecessary, people fear things get worseÂ
Cabinet cancels public, sports gathering, events as precautions against disease

UNWTO estimates tourism loss at $30-50bn due to COVID-19 outbreak
Virus’s economic impact visible in most affected countries by outbreak, says Gopinath

EGX continues downtrend due to COVID-19 fears, approaching pre-floatation levels
EGX30 drops 7.31% to close at 10,983.48 points

Global meltdown: stocks, crude oil futures in free fall on rising COVID-19 cases, OPEC price war
The stock markets bloodbath triggered the first-ever forced trading halt in the US and similar measures in Egypt, Europe, Asia, and Gulf Cooperation Council (GCC).

IMF praises temporary school closures, travel restrictions for COVID-19 prevention
Virus’s economic impact visible in most affected countries by outbreak, says Gopinath

Real estate developers differ on Covid-19’s possible effects on local sector
The Egyptian real estate market mainly relies on domestic demand, therefore, no harm is expected on the industry, they explained.

Emirates Airline introduces flexible policy to change bookings amid COVID-19 fears
Aircraft cleaning process taken to next level through additional precautionary measures

Kuwait takes “hesitant, sharp” measures against Egypt amid COVID-19 epidemic
Cairo remains stable, not from most infected countries by Coronavirus, says expert

Global growth could conceivably approach 1% amid Covid-19 fallout, weakest since the global financial crisis: IIF
According to the World Health Organization, to date, Covid-19 cases around the world reached 101,927cases, while Covid-19’s death toll recorded 3,486, placing people into a state of terror, causing them to cancel or postpone most of their economic activities.

Denmark’s travel advice to Egypt in ’Yellow’ amid Covid-19 outbreak
New advice recommends citizens to be extra careful