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Industry & Trade
Trump torn over U.S.-China trade agreement as officials push to fulfill its terms
U.S. President Donald Trump said on Friday he was very torn about whether to end the so-called Phase 1 U.S.-China…
Egypt has two possible scenarios for recovery from coronavirus – minister
Egypt’s Planning Minister Hala El-Saeed said there are two scenarios for recovering from the coronavirus crisis,…
U.S. FDA approves Moderna’s coronavirus vaccine for phase 2 trial
The U.S. Food and Drug Administration (FDA) approved on Thursday a coronavirus vaccine candidate from drugmaker…
Egypt’s Pharco to start testing three experimental drugs for coronavirus next month
Egypt’s drugmaker Pharco Pharmaceutical said on Wednesday it expects to begin testing three new drugs that could…
China April exports make a surprise jump in April yet imports tumble
China’s exports bounced back in April, beating forecasts and suggesting that an expected demand shock from…
Egypt has spent EGP 40 billion out of EGP100 billion to confront coronavirus; says FinMin
Egyptian government has spent 40 billion Egyptian pounds out of 100 billion pounds allocated to curb the spread of…
Egypt’s Evergrow postpones launch of mega projects due to coronavirus
Egyptian fertilizer company Evergrow will postpone the launch of its two mega projects until the current…
Egypt launches initiative countering coronavirus economic implications
Egypt’s Ministry of Planning launched on Tuesday Misr Hat’aady (Egypt will pass) initiative to encourage the…
Clorox sees 500% rise in demand for disinfectants since March
Clorox, one of America’s most well-known manufacturers of cleaning products, said on Wednesday it has seen a 500…
Against all odds, Egyptian billionaire Naguib Sawiris says he would buy airlines
Egyptian billionaire Naguib Sawiris told CNBC on Tuesday he would buy airlines, going against fellow billionaire…