Hyde Park supplies 3 hospitals with 2,000 COVID-19 detection kits
HPD provided the test kits to enhance the hospitals’ capabilities and provide them with the medical devices to protect their employees and medical teams against the coronavirus outbreak.
Novartis Egypt, Health Ministry collaborate in COVID-19 fight
Company commits to providing 130 million doses of hydroxychloroquine drug for treatment protocol
UN launches socio-economic coronavirus response plan in Egypt
We must immediately reach out to the most vulnerable people, said Dictus
Uber, AXA to provide Egypt’s COVID-19 frontline workers with free trips, meals
The commitment comes after close collaboration with the Egyptian Ministry of Health and Population to support workers at four quarantine hospitals in Cairo and Alexandria.
Ezz Steel founder increases his majority stake by 27%
Ezz Steel completed a EGP 836m transaction after selling 27% stake in what can be called a corporate restructuring, sources close to the matter told Daily New Egypt.
No new COVID-19 cases in Lebanon, Turkey’s caseload surpasses Iran
The number of confirmed infections stands at 677, with 21 deaths. The country has imposed a total lockdown since mid-March, allowing citizens to leave their homes only to buy food…
IFAD launches new fund against rural food crisis due to COVID-19
IFAD aims to raise at least another $200m from its member states, foundations and the private sector to mitigate the effects of the pandemic on food production.
ESCAWA calls for easing of middle-income state debt burdens
Total of 1.7m jobs across Middle East projected to be lost in 2020
Citi commits over $65m to global COVID-19 community relief efforts
The efforts are helping to deliver immediate relief to frontline workers and communities most impacted by the outbreak. They also are supporting longer-term investments in programmes focused on economic recovery…
Movable asset-based financing by natural persons comes into effect: FRA
Amendments to executive regulations allow for greater funding opportunities for SMEs, says Omran