Biden picks ex-Fed chair Janet Yellen as treasury secretary
U.S. President-elect Joe Biden has confirmed his nomination of former Federal Reserve chair Janet L. Yellen as his…
Sisi calls on citizens to closely observe COVID-19 preventive measures
Egypt’s President Abdel-Fattah al-Sisi has called on Egyptians to adhere to preventive measures against COVID-19 to…
G20 to discuss post-pandemic world, back debt relief
Leaders of the 20 biggest world economies (G20) will debate this weekend how to deal with the unprecedented…
European stocks fall on COVID-19 second wave fears
European shares fell on Wednesday as countries began to close schools and cancel surgeries on a resurgence of the…
European markets start week on a positive note
European stocks rallied to a one-week high on signs that the Trump administration may fast-track vaccines and…
Egypt’s Eva Pharma to export 50% of its production in 3 years
Egyptian drugmaker Eva Pharma said that aims to increase the volume of its exports during the next 3 years to…
Global economy to shrink by at least 6 % in 2020, OECD says
The global economy will contract at least six percent this year due to economic lockdowns to curb the spread of…
Egypt’s c.bank to not introduce more interest rate cuts – EFG Hermes
Central Bank of Egypt (CBE) is not expected to introduce more cuts in the key interest rates, notably with the…
European stocks slightly lower ahead of ECB meeting, carmakers drag
European stocks pulled back slightly on Thursday after a strong rally this week, with investors focussed on a…
Russia claims promising signs in early trials of antiviral drug Avigan
Avigan, a candidate drug for treating the new coronavirus, has shown promising results in early clinical trials in…
