Latest in Day: January 23, 2021 Highlight
Latest in Day: January 23, 2021
Egyptian countryside will transform completely in 3 years: Al-Sisi
Development of Egyptian villages takes place as part of ‘A Decent Life’ presidential initiative, which has seen investments of EGP 500bn
Planning Minister approves allocations of EGP 450m for transport development in 2020/21
Egypt leapfrogged from 118th in 2014 to 28th globally in 2019 in terms of road, infrastructure quality
Egyptian Exchange aims to breach 12,000 points resistance this week
EGX30 closed at 11,654.58 points, an increase of 1.76% during last week
Sudan will never accept fait accompli policy on Ethiopian dam: Official
Khartoum is affected by Ethiopian Dam, agreement essential to protect country, says Faisal Mohamed Saleh
Egypt, Sudan agree to utilise mineral resources for industrial purposes
They discuss removing obstacles that hinder flow of goods between two countries such as customs, taxes
Tourism sector to begin recovery from late March onwards: WTTC
In best-case scenario, Travel & Tourism’s contribution to global GDP will fall 17% to $7.4trn compared to 2019 figures: WTTC
Egypt finalises building digital capability programmes for public workers moving to NAC
Total of 18,419 government employees received trained on knowledge, culture, digital skills needed to keep pace with work environment at New Capital
Edita plans to invest Capex of EGP 400m in its 2021 expansion
Company may consider some direct price increases, should new VAT law be approved
Arab League chief welcomes entry into force of treaty banning nuclear weapons
Time has come to intensify international efforts to establish nuclear-weapon-free zone in Middle East, says Aboul Gheit
National Bank of Egypt records EGP 1.8trn deposits, EGP 866bn loans in 2020
Bank’s customer base rises to 15.4 million, of whom 5.4 million subscribers to Al Ahly Net service, with EGP 417bn transaction volume
WTTC, IOSH publish measures for integrating health, hygiene protocols into company culture
Sector needs further integration of health, hygiene standards through managerial engagement
HSBC launches Sustainable, Transition Finance Team in Middle East
Team will help institutions, corporates, and individuals’ transition to more sustainable economy
Abu Dhabi Commercial Bank – Egypt achieves 14% net profit growth in 2020
Bank eyes continued expansion in Egyptian market, targeting 25% growth rate by 2021 end