Oil prices fall amid oversupply concerns

Oil prices fell as WTI for June delivery dropped $0.57 to $23.99 a barrel, while Brent crude for July decreased $1.25 to $29.72 dollars a barrel

Xinhua

China has neither intention nor ability to rebuild the world order

To contain the spread of the invisible virus, China has sacrificed too much. And now China is trying its best to help other countries to defeat the pandemic.

GUO Xinyu

Pfizer, BioNTech dose first US participants in clinical trials

Trials are researching effectiveness of COVID-19 mRNA vaccine

Daily News Egypt

President Al-Sisi – The right role model for the COVID-19 crisis

President Al-Sisi regularly repeats this sentence “Together We Can”.

Mohamed Shendy

African Union measures are key to address COVID-19 crisis

At the beginning of the pandemic, which is considered the biggest public health emergency of our time, most countries were focused, understandably, on protecting their nationals.

Daily News Egypt

IMF to approve $2.8bn for Egypt in next few weeks: IIF

The funds, which are 100% of the quota, will be made available for Egypt to address the economic impacts of the ongoing coronavirus (COVID-19) pandemic.

Daily News Egypt

NBE leads banking consortium to provide €30m syndicated loan to MidElec

Hisham Okasha, Chairperson of NBE, said the arrangement of this loan comes in light of the participating banks’ strategies to provide necessary funds for energy projects in local and foreign…

Hossam Mounir

EgyptERA renews energy production, distribution licences for 5 companies

EgyptERA has extended the power generation licence of Midor Electric Company (MIDELEC) for a year. It has also renewed power distribution licences of Madinaty Electromechanical Energy and Tropi 2 for…

Mohamed Farag

Sterilisation of schools’ exam rooms nationwide to cost EGP 950m: Education Minister  

Total of 1.4 million Thanaweya Amma, technical certificate students set to take final exams over 20 days

Daily News Egypt

Early government actions, controls lessen impact of epidemic: Researchers  

COVID-19 restrictions should not be eased early to prevent strong second wave of infections

Mohammed El-Said