Real estate demand falls to lowest level in 5 years in Egypt
The Egypt Real Estate Index report for March has showed real estate demand decreased by 29.59 per cent due to the corona crisis. The report indicated that the value of the Aqarmap index reached the lowest value recorded in the…
Increase in number of health care workers infected with coronavirus
Dr. Hala Salah el-Din, dean of the Faculty of Medicine of Al-Qasr Al-Aini, said that 17 health care workers at Al-Qasr Al-Aini French Hospital were infected with corona virus; 3 nurses and the rest hospital administrators. Sources within the hospital…
Hope Alliance detainees added to ‘terror list’
The Egyptian Criminal Court has ruled to include Ziad Al-Alimi and 12 other Alliance of Hope detainees onto the “terror list” for a period of five years. In addition to Al-Alimi, the list includes Omar Al-Shenti, the CEO of Multiples…
IMF: Egypt’s foreign reserves will decline to $35.3 billion this year
The International Monetary Fund expected that Egypt’s total official cash reserves will decline this year to about $35.3 billion compared to $43.9 billion in 2019, and that it will register about $32.3 billion next year. The Central Bank of Egypt…
Four reasons Egyptians are avoiding quarantine
Between escaping from quarantine for societal reasons or for security, health, or finances, there are a number of reasons why Egyptians are escaping quarantine. Recently, the village of Bahtit in Sharqia Governorate witnessed a strange event that raised terror and…
Egypt court lists 13 journalists and politicians on terror list
An Egyptian court has listed 13 detainees in custody held under the Alliance of Hope case on a terror list for a period of five years. This came despite the lack of a court ruling to convict the defendants. Politicians,…
Cairo public transport revenues decline by 75%
Transport companies in greater Cairo have called on both the Cairo Governorate and the Public Transportation Authority to intervene and take measures to compensate them for their losses resulting from the curfew. The companies said that it is one of…
Coronavirus pandemic threatens Egypt’s marble industry
The Quarries and Granite Division of the Federation of Egyptian Industries revealed that the marble industry in Egypt is facing a major crisis as a result of declining domestic demand and the suspension of export operations due to the outbreak…
500,000 citizens excluded from COVID-19 assistance
The Minister of Manpower Mohamad Saafan has revealed that 500,000 people were excluded from the grant stipulated for informal workers affected by the coronavirus crisis. Saafan said that five categories of people were excluded including the deceased, children, those who…
Medical supplies in the Damietta Health Directorate stolen
The Administrative Control Authority has arrested the secretary of the regional store for medical supplies, affiliated to the Health Directorate of Damietta Governorate, whilst he was transporting large quantities of preventive medical supplies, after he stole them to sell on…
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