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Industry & Trade
Sanofi and GlaxoSmithKline reach unprecedented partnership to develop coronavirus vaccine
The European pharmaceutical giants, GlaxoSmithKline and Sanofi have entered on Tuesday an unprecedented partnership…
U.S. airports get $10 billion in government coronavirus aid
The U.S. Department of Transportation said on Tuesday $10 billion in grants are now available for airports as they…
U.S. airlines reach agreement in principle on billions in government coronavirus aid
U.S. airlines and the Treasury Department have reached an agreement in principle on billions in government aid…
Egyptian Nassef Sawiris tops Forbes World’s Richest Arabs 2020
According to Forbes 2020 World Billionaires, Egyptian Nassef Sawiris is again the world’s richest Arab world, with…
China’s March trade data fall only 6.6 %, showing COVID-19 recovery
China reported that its dollar-denominated exports and imports were both down from a year ago in March, but they…
German-made submarine sails to join Egyptian navy – spokesperson
A high-speed attack submarine Egypt has bought from Germany started sailing to Egypt on Tuesday to join the…
Egypt’s Suez Canal Zone unveils deal to boost competitiveness, investments
Egypt’s Suez Canal Zone and its Suez Canal Container Terminal (SCCT) announced a deal on Tuesday committing to $50…
Egypt is sending much needed medical gowns to UK
Egypt is sending a large number of medical gowns to U.K. in assistance to to help British doctors and nurses fight…
Trump: OPEC and allies planning to cut ‘20 million barrels a day, not the 10 million’
U.S. President Donald Trump tweeted on Monday that a historic weekend agreement struck between OPEC and some of the…
UK economy could shrink by 30% as coronavirus death toll soars
The British economy could shrink by up to 30 percent this quarter because of the coronavirus lockdown as the…