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Industry & Trade
Egypt to establish six cotton gins; three to start operations end-2020
Egypt’s Public Enterprise Minister Hisham Tawfik said the establishment of six new cotton gins is underway, with…
Egypt’s Al Tamimi & Co advises on coronavirus outcome on contractual obligations for…
Due to the current confusion caused by the coronavirus pandemic and its impact on markets, the public is still…
OPEC and allies finalise historic oil production cut agreement after days of discussion
OPEC and its oil producing allies OPEC+ finalised on Sunday a historic agreement on oil production cut by 9.7…
Egypt renegotiates price for 100k tonne sugar purchase – traders
State-owned sugar buyer Egyptian Sugar and Integrated Industries Company (ESIIC) has renegotiated the price of its…
Avigan, Japan’s wonder drug, and the race for coronavirus treatment
To date, there is no approved drug for coronavirus disease, yet the Japanese anti-flu Avigan – produced in 2014 –…
Avigan shipments to arrive in Egypt next week, as potential coronavirus treatment
Shipments of the Japanese anti-flu drug Avigan – touted as a potential treatment of the new coronavirus pandemic…
Euronews revenues fell 40% on back of coronavirus: Sawiris
Egyptian billionaire Naguib Sawiris announced that the revenues of the Euronews network slumped by around 30-40…
169 Egyptian plants ready to produce potential coronavirus drug Avigan if proven…
169 factories in Egypt are ready to produce the Japanese anti-flu drug Avigan, touted as potential treatments for…
Iran ready to produce Avigan to treat coronavirus if trials proven its effectiveness
Companies in Iran are ready to produce the new Japanese anti-flu drug Avigan, which is said to be effective in the…
Egypt cuts 92-, 95-octane petrol prices by 3.2% to ease coronavirus impact
Egypt has on Friday cut the pump price for 92-octane petrol by 3.2 percent in a bid to mitigate the impact of the…