Afreximbank cancels 2020 Annual Meeting events due to COVID-19
Shareholders to consider 27th Annual Meeting resolutions by correspondence
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Visions du Réel 2020 maintains its success online
“It would have been impossible to pull off this extraordinary feat without the enthusiasm and perseverance of the whole team, and the different suppliers, partners and sponsors,” notes Administrative Director Martine Chalverat.
Venice Film Festival to support 26 micro-budget films
‘The Fits feature film is a transfixing sensory experience and a potent portrait of adolescent turmoil,” say critics
Prometeon Tyre Egypt donates operating room equipment to Alexandria Fever Hospital
Prometeon Tyre Egypt, which specialises in heavy transport tire manufacturing, performed a needs assessment and agreed in a meeting with the hospital administration that its contributions will provide advanced medical equipment.
AUC academics explore how Covid-19 is reshaping world order
‘Many believe that Covid-19 has not produced new problems but, it revealed existing ones,’ says professor
EMS accuses MP of violating constitution, creating electoral propaganda
Elhamy Agina stormed Sherbin Hospital in Daqahleya, accusing medical teams of negligence
Egyptian Museum to re-open visitors under strict anti-coronavirus measures
In 2018, the Egyptian Museum started showcasing monuments and artefacts of 18th dynasty courtier Yuya and his wife Tjuyu, instead of Tutankhamun’s treasures, she added.
Men more vulnerable to COVID-19 than women: Dutch study
Higher amounts of blood enzyme in men purportedly makes them more susceptible to virus
Al-Sisi ratifies law amending real estate tax
The amendments aim to minimise tax liability on factory owners and encourage certain productive sectors and strategic services.
Ibnsina Pharma to invest up to EGP 300m, open four branches annually
Ibnsina Pharma achieved profits amounting to EGP 328.77m in the full year 2019 compared to EGP 262.5m in the previous full year.
27 university dormitories to receive repatriated Egyptians: Abdel Ghaffar
Over 26,000 rooms accommodating 30,000 people available for returning Egyptians entering into quarantine
Naeem expects 4.6% decline in April headline CPI-U inflation
Anticipated decline is based on favourable base-year impact, food price consolidation
MENA hotels expect recovery from Q4 of 2020: Colliers
Colliers’ MENA Hotels Quarterly Review report, released in 7 May, indicated that 79% of hotel owners have decided to partially or fully close their hotels due to low occupancy rates.
141 more Egyptians stranded in Kuwait repatriated
Cairo International Airport received on Saturday an exceptional flight by Air Cairo a subsidiary of the Ministry of Civil Aviation, repatriating 141 Egyptians stranded in Kuwait.
Darisni offers free new service to help students undertake research
Darsini is matching the latest learning requirements, helping families avoid overspending, and address the effects of the coronavirus (COVID-19) on education.
NCW reflects on best and worst of Ramadan series
The NCW pointed out that Galal’s programme contains forms of violence and cruelty, which can negatively affect children, and leads to problems in the future. The programme also contains insults and many forms of bullying against guests hosted by the presenter.
Variable weather expected in coming week
Some parts of North Coast and Alexandria witness some rainfall, as temperatures expected to fall then rise
Egyptians need to stick to social distancing for COVID-19 to decrease: Hosny
Clinical trials featuring blood plasma from recovered cases remain ongoing, with late Hisham Al-Saket first case to trial potential treatment, says health official
CIB’s CVentures invests in UK’s Countingup to automate banking, accounting for small businesses
CVentures is excited at the prospect of working closely with Countingup, and we look forward to helping them achieve their vision and grow into additional markets: Director at CVentures
Egyptian doctor in Kuwait dies on front lines fighting COVID-19
Two flights stranded in Kuwait carrying 330 Egyptians arrived at Cairo Airport on Friday
Worldwide COVID-19 infections pass 4 million
The total infections in the US now stands at 1,322,163, with 78,616 fatalities. Spain followed in second place, with the total number of confirmed cases standing at 260,117 and 26,299 fatalities.
Steel markets further hit following COVID-19, oil slump
Sector’s preliminary recovery also hindered following bad 2019, local market dynamics provide breather
Egypt’s GDP to grow 3.5% in FY 2020/2021 if COVID-19 ends: El-Said
Ministers of Planning, Immigration hold videoconference discuss investments with Egyptian businesspeople abroad
“Orange Egypt” Collaborates With the “Egyptian Food Bank” to Provide 50,000 Food Boxes to Families affected by Coronavirus Pandemic
Within the framework of its extensive efforts during the holy month of Ramadan, Orange Egypt announced its collaboration with the “Egyptian Food Bank”
Egypt to launch joint-stock company for New Capital monorail management
The company will be established under the name “United Company for Establishment, Management, Operation, and Maintenance of Metro Lines and Rail Transport” in accordance with the provisions of the Law on Joint-Stock Companies, Partnerships Limited by Shares, and Limited Liability Companies, and Investment Law.
EU joins Rotary Egypt, Al-Orman in supporting Egyptian families through “60 Days Initiative”
The EU contributed EGP 85,000 to the initiative, enough to provide 500 food boxes distributed to the poor villages in Fayoum and Minya.
iRead launches interactive, entertaining activities on social media
iRead has successfully managed to encourage a diverse community to use their spare time wisely while they are social distancing.
Egyptian, Estonian FMs discuss updates of GERD talks over phone
Egypt sends letter to Security Council about Ethiopia’s position on GERD negotiations
Egypt’s NIR decline to $37bn in April: CBE
Bank honours all of its external obligations amounting to around $1.6bn
Pfizer, BioNTech dose first US participants in clinical trials
Trials are researching effectiveness of COVID-19 mRNA vaccine