Sawiris warns against continuation of curfew, advices not to buy shares – Egypttoday

Sawiris warns against continuation of curfew, advices not to buy shares – Egypttoday

Sawiris warns against continuation of curfew, advices not to buy shares. CAIRO - 31 March 2020: Businessman Naguib Sawiris warned Sunday against the continuation of the curfew after the two scheduled weeks, noting that the private sector is forced to cut salaries and cut out part of the employment.. Sawiris advised, "Do not buy shares now because we still have not reached the bottom line, and I expect that the value of companies will fall next week by 10 percent.". On the same note, President Abdel Fatah el-Sisi announced announced, on Mar. 22, in full the country's economic plan, in face of the novel coronavirus.. Egypt is creating new 4G cities - ministry. Egypt in talks with companies to promote new gold-mining tender. Egypt approves clinical trials for COVID-19 drugs: WHO official.