The Kanjo Sisters: Chic, charismatic and bold in design and character
Kanjo designs are known for being eco-friendly, as both Dayana and Nourhan made raising the people’s awareness of the environment protection as one of their life goals.
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City Edge increases capital, forms new board
Earlier, a preparatory meeting of the company’s board was held in the presence of Assem Al-Gazzar, Minister of Housing and New Urban Communities.
Cairo Opera House hosts 4th Palestinian Film Week
25 Palestinian films are being screened from 3pm-7pm
CIB continues digital transformation strategy with CR2’s mobile banking app
The mobile banking service is powered by CR2’s digital banking platform, BankWorld, enabling rapid deployment of new services in a secure and highly scalable environment.
S&P positive outlook for Egypt promises new foreign investments in 2020: Moeit
It also expected the debt-to-GDP ratio to decline to 80.5% in 2022, noting that low inflation and interest rates will enhance private investment and encourage consumption.
Eastern Company to auction plots on 6 February
The company said earlier that the cost of renewing and replacing machines and spare parts costs between EGP 700m and EGP 800m annually, especially as the company works on a monthly basis to renew machines and production lines.
12 Saudi military trainees to be expelled from US after Florida naval base shooting: CNN
A source at the US Department of Defense said that a number of these Saudi trainees are accused of possessing child pornography, which the Ministry of Justice and the FBI refused to comment on.
6.8 million citizens vaccinated for schistosomiasis in 2019: MoH
Ministry said that 12.7 million students received vaccination against intestinal parasites
Four missing fishermen found on island near Red Sea’s Shalateen
Fishermen mysteriously disappeared during a fishing trip near Abu Ramada Island last week
Al-Sisi briefed on Ministry of Social Solidarity’s strategy
The minister reviewed a number of future projects as well as those currently implemented
Libya’s conflicting sides accuse each other of breaking truce
LAAF pledged to halt its operations in Tripoli, but GNA accused its rival of breaking ceasefire
The Administrative Capital for Urban Development Signs an Agreement of $135 million with Orange Egypt to Build and Operate Its Data Center and Cloud Computing Platform
The data center is an infrastructure milestone to establish the concept of the “smart capital” and is considered to be one of the key technological hubs in Egypt and the African continent. Orange Egypt has been awarded to build and operate the data center according to the latest international standards based on the company’s international expertise in providing innovative technologies and solutions in cooperation with key international players operating in the ICT sector.
Beltone expects interest cuts by 300 basis points in 2020
In a research article, Beltone expected the Central Bank of Egypt (CBE) to continue monetary easing through interest rate reductions by about 300 basis points in 2020. The article also predicts that the CBE will keep interest rates unchanged after the next Monetary Policy Committee (MPC) meeting scheduled for 16 January. This will be in …
CBE reveals Monetary Policy Committee formation led by Tarek Amer
Committee membership includes Negm, Aboul Naga, Omran, El Araby, and El Ahwany
CA Indosuez Wealth Management forecasts world growth at 3.2% for 2020
CA Indosuez Wealth Management forecasts world growth at 3.2% for 2020 in its latest report entitled “Markets, Investment & Structuring – January 2020.”
US rejects Baghdad’s request to withdraw troops
“I think they’ll agree to pay. Otherwise we’ll stay there,” says Trump
We recycle 1.6bn PET bottles annually for food use: BariQ
Zaki added that the company exports 100% of its products to American and European markets, where it has achieved much success, qualifying them to obtain many international accreditations, such as EFSA, FDA, and Health Canada.
AAIB grants Premium Card credit facility amounting to EGP 200m in support of its 2020 growth strategy
In light of this fruitful partnership, AAIB granted Premium Card a credit facility, which amounts to EGP 200m, to be utilised in financing the company’s consumer finance portfolio.
Al-Sisi, Putin discuss situation in Libya, Arab Gulf
The two leaders agreed to continue mutual efforts to reach a political solution in Libya
Haitham bin Tariq sworn in as Oman’s sultan
Sultan Qaboos dies at age of 79
Auto Store to expand its network to 6 branches by 2020-end
Company offers full warranty on used cars
Raya restructures Aman Group for non-banking financial services
Group’s paid-up capital reached EGP 375m, including Aman Electronic Payment, Microfinance, Financial Services
Emerging markets attract over $310bn capital flows in 2019: IIF
Portfolio flows to EM stood at $30.7bn in December, significantly higher than November’s $19.9bn
Prime Securities appoints Shawkat El Maraghy managing director
Hany Genena appointed head of research
MNHD’s contracts, reservations recorded EGP 6.3bn in 2019
Egypt’s developer Madinet Nasr Housing and Development (MNHD) announced on Thursday that its pre-sales (contracts and reservations) for the year 2019 reached a record EGP 6.3bn compared to EGP 5.5bn in 2018.
Annual headline inflation rate hikes to 6.8% in December
However, the annual inflation rate during December 2019 decreased compared to December 2018, when it recorded 11.1% at the time
Egyptian startup Furnwish wins award for best company with innovative business plans
The startup specialising in augmented reality technology offers technology solutions that help furniture stores and interior design professionals to offer their products and services in innovative ways.
Ukrainian plane crash in Iran kills 176 on board, no survivors
The Ukrainian embassy in Iran said, based on preliminary information, that the plane had suffered a malfunction in the engine, adding that the crash was not “terrorist act.”
Early hearing loss detection initiative examines 243,697 new-borns: health ministry
Birth certificates updated to add hearing loss detection
Al-Sisi meets Chinese FM over Gulf tensions, Libyan crisis
Shoukry, Wang Yi discuss common challenges, economic partnerships