Latest in Day: March 1, 2021 Highlight
Latest in Day: March 1, 2021
Egypt, Japan discuss latest developments at Grand Egyptian Museum
Coalition providing services at GEM to be announced in next few days
Cairo Opera to present Verdi’s blockbuster over 3 evening performances
Opera will be translated into both Arabic and English
Egypt determined to complete Sinai development plans: Prime Minister
Development projects include opening hospitals and healthcare units across Sinai
China to provide 2nd batch of Sinopharm vaccine to Egypt soon
Egypt among first countries to receive Chinese vaccine
CIB reports consolidated revenues of EGP 25.9bn, net income of EGP 10.2bn in 2020
Q4 2020 consolidated revenue of EGP 6.58bn and net income of EGP 2.89bn, or EGP 1.75 per share, down 11% from Q4 in previous year
Egypt supports African capabilities to confront terrorism: Shoukry at Aswan Forum
Second edition of the Aswan Forum for Sustainable Peace and Development proves Egypt’s belief in importance of African cooperation
Egypt President postpones enforcement of controversial Real Estate Registry Law
2-year transitional period given for community dialogue over Real Estate Registry Law
EU, Egypt honour Water Ambassadors
Berger commended Egypt’s efforts in addressing the challenge of water scarcity, with rapid action to curb water consumption, develop modern irrigation systems, and reduce waste.
Over 8 million children vaccinated on 1st day of Egypt’s Poliomyelitis campaign
Number equals about 52.9% of total targeted number of children
Petroleum Minister follows up on CNG vehicle conversion programme
Ministry launches electronic application to locate natural gas fuelling stations, conversion centres
COVID-19 pandemic challenges will not derail advancing African agenda: Al-Sisi
Egyptian President highlights his country’s efforts to achieve sustainable development in Africa
Golden Globes to go bicoastal for first time
The Golden Globes awards took place on 28 February, and occurred in a bicoastal format.
Red Sea International Film Festival announces 2021 festival dates
First edition had been scheduled for 2020, but was postponed due to COVID-19
Mashreq Bank Egypt sees 53% increase individual digital channel users amid COVID-19: Executive VP
Bank’s online, mobile banking platform to be upgraded to modern platform focusing on unique customer experience, says Haitham Hammad
COVID-19 crisis doubled mobile, internet banking users at Bank Audi – Egypt: CEO
Bank aims to automate some procedures to apply for loans, cards through digital onboarding systems, says Mohamed Bedir
Banks would have to face winds of changes, modernize their technology infrastructure: CIB Chairperson
Future onboarding of new clients, growing customer base may be faster, less dependent on physical premises compared to previously, says Sherif Samy
COVID-19 boosted Crédit Agricole Egypt’s digitisation plans: Walie Lotfy
Bank recorded spike in customers’ use of digital services, reaching 7 million logins and over 1.2 million transactions during 2020, says Crédit Agricole Egypt Deputy Managing Director
Financial Regulatory Authority announces 2020 Excellence Award winners
Awards granted for most distinguished women leaders
GB Auto reports resilient revenue performance, strongest bottom-line to date
Past year has tested resilience of GB Auto’s business model, strength of its market position, says CEO Raouf Ghabbour
HDB adopts ambitious plan for digital transformation: Chairperson
Housing and Development Bank continues to keep pace with CBE plans, initiatives for digital transformation, enhancing financial inclusion, Hassan Ghanem
ADCB Egypt prepares to launch package of digital services: CEO
Bank completes final preparations for second phase launch of internet, mobile banking for individuals and companies, says Ihab ElSewerky
CBE leads banking sector’s major role in supporting Egypt’s digital transformation efforts
Bankers, experts forecast e-payments will grow significantly in coming period
E-finance Chairperson showcases company’s role in digital transformation
Company’s most important collaborations with government agencies include state employees payroll, pension cards, Takaful and Karama, farmer’s card, says Ibrahim Sarhan
ADIB-Egypt looks back on success in 2020 with unprecedented 10 awards
Global recognition awarded for ADIB-Egypt’s services, initiatives, innovation and customer excellence
Fierce competition between lenders, Fintech, Big Tech marks financial services post-COVID-19
One major change in the past year has been to turn what we historically did face-to-face into an online activity: and that is using video conferencing for meetings; shopping online; restaurant delivery; day-to-day digital banking; and the list goes on.
Madinet Nasr Housing and Development records net profits of EGP 1.1bn in 2020
Company plans to distribute EGP 648m cash dividends for second consecutive year
CDC sees tremendous investment opportunities in Egypt, driven by government’s pro-business stance
Egypt is a priority market, with tremendous investment opportunities, driven by government’s pro-business stance, large population, entrepreneurial culture
Finance Ministry to offer EGP 199.5bn worth T-bills, bonds in March
Total of 16 bids for T-bills worth EGP 142.5bn, 10 bids for bonds worth EGP 57bn
EGYGAB Developments purchases 83k-sqm land from MNHD
MNHD continued delivery of outstanding operational performance and financial results, says CEO
Egypt extends initiative to support domestic tourism to 15 May
Initiative aims to reduce domestic airline prices that connect tourist cities within Egypt