{"id":549751,"date":"2022-09-28T04:08:06","date_gmt":"2022-09-28T04:08:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/new-recycling-tender-banks-%e2%9d%a4%ef%b8%8f-government-paper\/"},"modified":"2022-09-28T04:08:06","modified_gmt":"2022-09-28T04:08:06","slug":"new-recycling-tender-banks-%e2%9d%a4%ef%b8%8f-government-paper","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/new-recycling-tender-banks-%e2%9d%a4%ef%b8%8f-government-paper\/","title":{"rendered":"New recycling tender + banks \u2764\ufe0f government paper"},"content":{"rendered":"

The Local Development Ministry launched a tender for the construction of four <\/strong>solid waste recycling and treatment facilities<\/strong> in Daqahliyah and Kafr El Sheikh governorates, it said in a statement<\/a>. The facilities will be able to process up to 600 tons of waste a day. This comes as part of the EBRD-funded project<\/a> to clean the Kitchener Drain of pollution. Companies have one month to bid for the project.<\/p>\n

Banks really want that government paper:<\/strong> The central bank received a record EGP 642 bn in bids from banks at its weekly deposit auction yesterday. Economic analyst Hany Geneina tells Bloomberg Asharq<\/a> that the huge volumes were triggered by the central bank\u2019s decision to hike the reserve ratio<\/a> last week, a move which will restrict banks\u2019 abilities to lend and curtail interest income. Banks submitted bids worth about EGP 50 bn for deposits at auctions in the first quarter of this year and the figure has steadily climbed since then after the interest rate hike that accompanied the March 2022 devaluation.<\/p>\n

Egypt has submitted its candidacy<\/strong> for one of the 13 <\/strong>African seats <\/strong>on the board of the International Telecommunication Union (ITU)<\/strong> for 2022-2026, the Communications Ministry said<\/a>. Elections<\/a> will take place during the ITU Plenipotentiary Conference taking place in Bucharest, Romania, between 26 September and 14 October. Egypt sat on the ITU board for the 2018-2022 period.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Local Development Ministry launched a tender for the construction of four solid waste recycling and treatment facilities in Daqahliyah and Kafr El Sheikh governorates, it said in a statement. The facilities will be able to process up to 600 tons of waste a day. This comes as part of the EBRD-funded project to clean […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,317,73,880,72,494,1989,270,416,452,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549751","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-commodities","tag-education","tag-egyptair","tag-enterpriseam","tag-hayah-karima","tag-local-development-ministry","tag-russia","tag-suez-canal-economic-zone","tag-waste-management","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"28129b51-819f-455d-be64-85bfd87a6438","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549725],"teaser":"","voice_url":""},"yoast_head":"\nNew recycling tender + banks \u2764\ufe0f government paper - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/28\/new-recycling-tender-banks-\u2764\ufe0f-government-paper\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New recycling tender + banks \u2764\ufe0f government paper\" \/>\n<meta property=\"og:description\" content=\"The Local Development Ministry launched a tender for the construction of four solid waste recycling and treatment facilities in Daqahliyah and Kafr El Sheikh governorates, it said in a statement. 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The companies will be responsible for handling waste from\u2026","rel":"","context":"In "SPEED ROUND: INFRASTRUCTURE"","block_context":{"text":"SPEED ROUND: INFRASTRUCTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":585042,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/10\/senate-receives-fy-2023-24-development-plan-discusses-recycling\/","url_meta":{"origin":549751,"position":4},"title":"Senate receives FY 2023-24 development plan, discusses recycling","author":"enterpriseam admin","date":"10 April 2023","format":false,"excerpt":"Gov\u2019t to increase development spending by more than half","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/393.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570571,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/egypts-aoi-to-set-up-egp-238-mn-municipal-waste-recycling-plant-in-dakahlia\/","url_meta":{"origin":549751,"position":5},"title":"Egypt\u2019s AOI to set up EGP 238 mn municipal waste recycling plant in Dakahlia","author":"enterpriseam admin","date":"6 April 2020","format":false,"excerpt":"The Arab Organization for Industrialization has signed a EGP 238 mn agreement to construct a municipal waste recycling site in Dakahlia, according to a cabinet statement. 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