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Gilead’s Remdesivir study on monkeys shows drug reduced lung damage linked to coronavirus
Gilead Sciences’ antiviral drug remdesivir has helped to prevent macaques infected with the coronavirus from…
U.S. awards AstraZeneca $23 million to help develop treatment for coronavirus antibody
The U.S. federal government announced on Tuesday it is awarding drug giant AstraZeneca $23.6 million to help the…
Rumors behind hike in cigarettes prices are baseless, ‘greedy merchants’ behind shortage:…
Rumors of expected rise in cigarettes’ prices were baseless according to Ibrahim al-Imbabi, the head of the General…
Alexandria Customs collects EGP2.52bn customs, taxes in May
Alexandria Customs collected 2.519 billion Egyptian pounds ($155.6 million) in customs duties, taxes, and other…
Egypt fixes factories electricity prices for 5 years
Egypt electricity ministry has decided to fix the prices of medium- and high-voltage electricity consumption for…
Egypt increases household electricity prices by 19.1%
The Egyptian Ministry of Electricity announced the new electricity prices for households rising prices for…
EgyptAir aims to get new loan from two Egyptian banks – CEO
State-owned carrier, EgyptAir is negotiating with the National Bank of Egypt and Banque Misr to obtain an 3 billion…
Italy’s economy may contract 8.3% in 2020
Italy’s economy is expected to contract by 8.3 percent in 2020, the country’s statistics agency Istat said Monday,…
Germany’s economy had its ‘worst month ever’ during April
Germany’s industrial production fell so sharply in April, at the height of the coronavirus lockdown in the country,…
New electricity prices to be applied in Egypt in July – ministry
Egypt’s electricity ministry is set to announce in a press conference in Cairo on Tuesday the new rates for…