Juhayna reports EGP 1.8bn revenues, EGP114 m net profit for Q1 2020
The highest contributors to the top line were the dairy and yoghurt segments, representing 55% and 20% of revenues in Q1 2020, respectively. Sales of dairy products reached EGP 980m,…
COVID-19 infection halts operations at Nestlé Egypt’s Greater Cairo factory
Nestlé Egypt continues to apply strict precautionary measures to guarantee the quality of all its products and ensure the safety of its employees, products, partners and the communities in which…
US oil will not have impact Saudi economy: Saudi Experts
Oil market will improve after production reduction in line with OPEC plus starting 1 May, for a stabilisation in third quarter, says Bin Gomaa
ITU Digital World 2020 postponed to September 2021
Conference is another postponed conference due to the ongoing COVID-19 pandemic
IMF faces extraordinary pressures on financial facilities due to COVID-19
Egyptian authorities aim to strengthen successful economic stabilisation programme with further IMF support, says Azour
Private sector can turn crisis into investment opportunity: Samir
Coronavirus pandemic may be opportunity to turn to local producers instead of importers
Environment Minister, UN representative address response plan to COVID-19
Discussions focused on strengthening social protections and protecting fragile communities
Government follows on e-buses localisation plan
Military Production Ministry, China’s Foton Motor to jointly manufacture eBuses in Egypt
New York state to reopen with phased strategy after peak of coronavirus
New York state reported over 299,000 coronavirus cases as the national total rose to nearly 962,000 by Sunday afternoon.
Fauci says testing needs to be doubled before US reopens economy
Fauci said the United States is currently averaging between 1.5 million and 2 million tests per week