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Industry & Trade
New data on Gilead’s remdesivir – released by accident – shows it flops in first…
Remdesivir developed by Gilead Sciences, a potential antiviral drug to treat coronavirus, has failed in its first…
FDA gives green light for Columbia’s Amazon-backed coronavirus plasma therapy study
The U.S. Food and Drug Administration (FDA) approved on Thursday a clinical trial at Columbia University to…
Egypt to reopen economy gradually by end of Ramadan
By the end of Ramadan, government will gradually open the country, while continuing necessary measures to contain…
UK economy crumbles amid coronavirus, government borrowing soar
The United Kingdom’s economy is crumbling under the strain of the coronavirus lockdown and government borrowing is…
European business activity hits yet another record low amid coronavirus
Euro zone business activity hit another record low during April in another sign that the coronavirus is severely…
Egypt targets EGP620 mln revenues from offering licenses for iron, cement
Egypt seeks revenues of 620 million Egyptian pounds ($36.5 million) from offering new licenses for iron and cement…
Bankruptcy looms over U.S. energy industry as it faces worst crisis ever
U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as they…
Egypt to cut fuel subsidies by 47% in 2020/21 budget
Egypt plans to cut spending on fuel subsidies by 47 perecent in its 2020/21 budget to 28.193 Egyptian pounds…
Third of UK households would need state help to weather coronavirus
One third of British households said they were likely to need government support within the next three months to…
Egypt, int’l organisations join forces to mitigate coronavirus impact –…
Egypt is teaming up with international organisations to mitigate the impact of the coronavirus pandemic on all…