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Disbursement of government handout to irregular workers starts 13 April
IMF Managing Director Kristalina Georgieva said that the IMF anticipates the worst economic fallout since the Great Depression.
Among the Fed’s measures were details regarding its Main Street Lending Program and several other initiatives it is undertaking to support SMEs that were in good financial standing before the crisis
The world could see up to half a billion people driven into poverty due to the novel coronavirus (Covid-19) fallout, unless urgent actions were taken to financially support developing and poor countries, Oxfam nonprofit group warned on Thursday
The CBE added that its consumer price index (CPI) inched up to 0.4% in March, compared to 0.2% in February and 0.5% in March 2019.
The ICA has conducted 2,108 inspection tours of local factories and 4,413 specialised technical studies in the first quarter of 2020.
The General Director of the National Service Projects Organization and the Chairperson of the National Company for Protected Agriculture also attended the meeting.
The government has announced an exceptional financial assistance for irregular workers affected by the ongoing coronavirus (Covid-19) outbreak and preventative measures.
It was the third meeting of African officials within a month in light of mounting pressure on African governments for economic stimuli and debt relief.
The initiative aims to raise awareness of precautionary measures against the novel coronavirus (Covid-19) and good hygiene habits, especially among underprivileged families.
Firm also secured 250 tonnes of food commodities to 30,000 low-income families
The foundation said in a statement late Wednesday that the Health Ministry was informed of the new Covid-19 cases to take the necessary procedures.
As for the annual inflation, it fell to 4.6% in March, compared to 4.9% in the preceding month, and 13.8% in March 2019.
Current headline inflation rate stands at 5.3%, core inflation at 1.9%
Turkey has fastest growing COVID-19 infections, Lebanon at risk
‘We may have reached coronavirus curve peak’: Trump
Embassy expresses gratitude to President Al-Sisi’s message to PM Johnson
Sporting clubs are not exempted from these measures, and as part of its social responsibility, Al Ahly, headed by Mahmoud El Khatib, has also taken precautions and preventive measures. These measures have been taken to ensure the safety of Al Ahly family, and include a lockdown of the club’s three branches.
20% of Italy’s healthcare workers contracted coronavirus, says Araujo
Of the respondents, Colliers International identified 65% as owning existing hotels.
€200m framework for tourism’s private sector to be approved within two years, says Hamza
The EIB, a publicly owned bank whose shareholders are the EU member states, said the financing comes as part of the Team Europe response to the pandemic. It added that the funds are supported by guarantees from the EU budget.
As part of the same package of measures, the price of electricity would be reduced for heavy industry consumption, from EGP 1.10 ($0.07) to EGP 0.10 ($0.006) per KWh. For other industries, the price is to be kept stable for 3-5 years.
We seek to establish medical tourism complex, exploiting Egypt’s natural resources, says Marriott Hills
Move aimed at fighting coronavirus: parliamentary statement
Trump also criticised the WHO’s initial response to the outbreak and the time it took to declare the outbreak a global pandemic, on 11 March.
Support organisations roll up sleeves to help start-ups overcome COVID-19 impact
FRA earlier approves first Sukuk offering worth EGP 2bn
Bank directs $5.4bn to cover local hard currency needs, bridge gap from foreign investment decline