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Industry & Trade
Eurozone economy downturn slows but output continues to plunge
Eurozone economy rapid decline has eased up slightly in May as countries lifted coronavirus restrictions, although…
Egypt won’t export face masks until it meets local needs – minister
Egypt will not export its locally manufactured face masks unless it covers the local market’s needs first, its…
Egypt to build the largest fibre optic cable plant in the Middle East
Egypt will build the largest fibre optic cable plant in the Middle East and North Africa, with investments worth…
Egypt’s wealth fund to invest in three sectors amid coronavirus
The Sovereign Fund of Egypt is adapting to the coronavirus crisis and will focus its work more on three main…
Egypt’s ITIDA announces Top Graduation Projects Winning IbTIECar Competition
The TIEC, part of Egypt’s Information Technology Industry Development Agency (ITIDA), announced on Tuesday in a…
Egypt’s Naguib Sawiris says his brother Samih contracted and recovered from coronavirus
Egyptian billionaire Naguib Sawiris said on Tuesday that his brother construction tycoon Samih had undergone a…
Naguib Sawiris: more coronavirus shutdowns will make 2021 another challenging year for…
Egyptian billionaire Naguib Sawiris said on Tuesday that extending coronavirus shutdowns will mean that half the…
Avigan drug not showing apparent efficacy in coronavirus treatment – new Japanese data
Avigan, a Japanese candidate drug for treating novel coronavirus infections, has not so far shown apparent efficacy…
UK jobless claims jumped 70% in April as the coronavirus hit employment
The number of people claiming unemployment benefits in the U.K. soared in April, as the coronavirus outbreak…
New car registrations fall 76% in Europe during April as coronavirus takes toll on sales
European car sales fell dramatically in April as coronavirus lockdowns in the region closed car dealerships and…