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Car sales to slightly decline should authorities limit operating hours of dealerships: Pundits
Auto sector has been economically affected since beginning of COVID-19 pandemic, says Alaa El-Sabaa

Elsaba Automotive freezes all investments for Q1 2021: Chairperson
Company plans to open new service centre in Mansoura at beginning of 2021, with investments of EGP 8m

COVID-19 helps health systems build resilience to face future challenges: Zayed
Egypt’s Health Minister addresses impacts of global health crisis during international meeting

SASME’s loans to agricultural SMEs reach EGP 945m until September
The funding was given to 11,179 beneficiaries, all of whom are small- and medium-sized enterprises (SMEs) working in the agricultural sector. A total of 1,295 guarantees amounting to about EGP 1.3bn has also been provided. The programme benefits 34 sectors across 22 governorates.

Infrastructure projects to connect Cairo, NAC for inclusive economic growth: Al-Mashat
Egypt’s development financing for sustainable transport in 2020 amounted to $1.3bn, says International Cooperation Minister

SCZone runs tech apps to support economic activities at ports: Chairperson
The model comes as part of the plan to support the digital infrastructure the zone’s activities need to activate the technological applications that support its economic activities.

Al-Sisi reviews status of plasma derivatives manufacturing project
During the meeting, the President directed for the project’s speedy implementation, which represents a huge addition to a series of national projects aimed at providing citizens with an advanced health system. It also aims to localise the technology for manufacturing and assembling plasma in Egypt.

Misr Capital to launch over EGP 7bn worth securitised debt instrument offerings
Two securitised debt instrument offerings worth total EGP 4bn to take place before 2020 end, says Khalil El-Bawab

Egyptian Actor Mohamed Ramadan suspended over photos with Israelis
Ramadan’s suspension will remain in effect pending an investigation into the incident. The images have sparked outrage across Egypt.

Egypt condemns Houthi attack on Saudi petroleum products station
Saudi Aramco’s supply of fuel was unaffected by terrorist attack, say officials

Construction contracts signed for Phase 1 of Cairo Metro Line 4
‘Cairo Metro Line 4 will connect Egypt’s two largest governorates, Cairo and Giza, facilitate the people’s movement, and alleviate the heavy road traffic,’ says Japanese Ambassador

Shoukry congratulates Egypt Senate Speaker on appointment
Foreign Minister emphasises ministry’s readiness to cooperate with parliamentary chambers to achieve desired stability, progress

Strong China-Egypt interdependence is reference model for international relations: Ambassador Liqiang
‘Despite pandemic, Chinese investments in Egypt and trade exchange between two countries have increased,’ says Chinese Ambassador

Saudi Aramco says fuel supplies not affected by Jeddah oil facility attack
A projectile hit one of the 13 tanks in the Saudi Aramco facility, causing major damage to the tank roof with a hole of almost two by two meters.

UNHCR says over 41,193 Ethiopians flee into Sudan from Tigray
Since Nov. 4, Ethiopian government has been undertaking military operations against TPLF, which rules over Ethiopia’s northernmost Tigray regional state.

Public investments in Beheira rise to EGP 5.7bn in FY 2020/21: Planning Minister
EGP 580.5m worth of funding directed to Decent Life Initiative in governorate

Daily News Egypt appoints Mohamed Samir as Executive Editor, Taha Sakr as Editorial Consultant, Strategy Director
The Daily News Egypt, Egypt’s only independent English-language newspaper, is the leading news media in Egypt and the Middle East in the language.

UNSMIL supports Libyan parliamentary consultative session in Morocco
More than 100 Libyan MPs representing Libya’s eastern, western, and southern areas, as well as both sides of the crisis in the war-torn country, are gathering in the Moroccan city on Tuesday and Wednesday.

Japan hands over medical equipment for COVID-19 battle at Ain Shams University
Japanese Ambassador to Cairo visits Ain Shams University Department of Japanese Language

Sharm El Luli: Egyptian fairytale Red Sea beach astonishes world travellers
The website also ranked Sharm El Luli as the 25th best beach worldwide, and the second best beach in the Middle East region. It is depicted on the site as a “paradise, a pristine, beautiful beach and a tropical aquarium underwater”.

UN makes urgent plea to protect civilians in Ethiopia’s Tigray
UN continues to receive reports of internal displacement in Tigray, Dujarric said. Nearly 39,000 people have now fled to Sudan, including 17,000 children.

Orange Egypt Showcases the Latest Smart Cities Solutions and Digital services for the Education Sector
During Cairo ICT 2020, Orange launched innovations and smart solutions that will enhance Egypt’s digital transformation in the fields of Distance Learning, Smart Transportation, and E-commerce.