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Industry & Trade
Total’s net profit falls 35% in the first quarter as oil prices slide
Total on Tuesday posted a significant fall in first-quarter net profit, as oil prices tumbled to historic lows…
Japan’s Avigan drug to be tested in 43 countries as possible coronavirus treatment
Japan’s Avigan drug has been shipped to 43 countries where it will be tested in clinical trials among patients with…
Saudi non-oil private sector shrinks yet again, output hits new low: PMI
Saudi Arabia’s non-oil private sector contracted for the second consecutive month in April and its output hit a…
Uber Eats exits Egypt, Saudi Arabia, six more countries
Uber announced on Monday that Uber Eats will exit from eight markets, including Egypt and Saudi Arabia.
Egypt discusses imposing new fees of 10% on imported iron
The Egyptian parliament’s budget and planning committee discussed a draft law to impose a new a financial resource…
Egypt’s Suez Canal revenues rise 2% in four months – official
Egypt’s Suez Canal reported a two percent increase in its revenues during the first four months of this year,…
China’s Sinovac says’ready to mass produce’ experimental coronavirus vaccine
Chinese pharmaceutical firm Sinovac Biotech is carrying out human trials for a coronavirus vaccine and said on…
Roche expects to produce more than 100 million coronavirus antibody tests monthly by…
Swiss drugmaker Roche said on Sunday it expects it would be able to produce “significantly more” than 100 million…
U.S. FDA grants Roche emergency use approval for coronavirus antibody test
Swiss drugmaker Roche announced on Sunday that it received an emergency use authorisation from the U.S. Food and…
Egypt’s ITIDA Oks 2nd group of firms benefiting from export programmes
Egypt's Information Technology Industry Development Agency (ITIDA) has approved disbursing the dues of the second…