Global GDP to contract 3.9% in 2020: Fitch Ratings
Job losses, pressures on small businesses to weigh heavily on post–crisis activity
Separatists announce self-rule in South Yemen
The STC deployed its forces in Aden on Sunday, the southern port which is currently the government’s interim seat since it was ousted from the capital, Sanaa, by the Iran-aligned…
Egyptian steel, iron, cement exports decline 33% in 1Q 2020
The report said 67% of these exports went to Saudi Arabia, Libya, Spain, the US, the Netherlands, Kenya, Italy, and Uganda at value of $113.077m.
COVID-19 is Egypt’s impetus to rethink its smart cities
Opportunities for structural change to how cities are developed following the pandemic
First Group to launch residential project in Sheikh Zayed by mid-May
The new luxurious villas only compound spans over 40 feddan, and is currently in the process of obtaining ministerial approval for the project development.
NAC real estate developers promise punctual project delivery
Construction work has not stopped despite Covid-19 outbreak with projects remaining on schedule, say developers
#EverydayNile pictures people’s relation with water in Nile Basin
‘I believe that a big part of solution for Nile issues is boosting humanitarian communication among people of Nile Basin countries,’ says Roger Anis
CBE highlights financial soundness indicators of local banking sector
Bank profits reach EGP 83.184bn last December: CBE
Mideast countries continue anti-coronavirus efforts as Ramadan starts
In Turkey, the new epicenter of the COVID-19 outbreak in the Middle East, the death toll of the coronavirus has reached 2,706 after 106 new cases were added
Algeria to reopen businesses to ease COVID-19 lockdown impact
Algeria has so far reported 3,256 COVID-19 cases and a death toll of 419.