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Egypt in the News on 1 February 2021
It’s a quiet morning for Egypt in the foreign press: Water security is getting ink from theFinancial Times’ Heba Saleh,…
Auto component industry feels the covid burn
Sales of auto components fell 20-30% in 2020 as the pandemic caused a slowdown in the domestic auto assembly industry,…
AstraZeneca jab gets regulatory green light as first doses arrive + Sputnik V is on its way
Egypt gave emergency approval yesterday to the Oxford-AstraZeneca vaccine, the cabinet said in a statement. The vaccine will be produced…
Last Night’s Talk Shows on 31 January 2021
Egypt getting its hands on its first shipments of the AstraZeneca vaccine today was the talk of the town last…
CIB sees digital banking boom
2020 was a boom year for digital banking at CIB, which reported a 118% increase in the value of mobile…
Tourism losses piling up
Egypt has foregone USD 14 bn in foreign currency revenue thanks to the pandemic wreaking havoc on tourism, Finance Minister…
New oil + gas exploration tender coming
Energy companies will get a chance to get their hands on new onshore and offshore exploration blocks within two weeks,…
Fawry, CI Capital, MM Group make it into EGX30
Fawry is among five companies that have made it onto Egypt’s benchmark EGX30 index after the bourse completed a rebalancing…
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