Thu, 21 Jan 2021 - 04:46 GMT
The sector has begun recovery paving the way for figuring out demand levels, and hence, estimating supply and investments in the sector.
Five sectors will majorly contribute in such improvement.
In a statement, Saeed said the new allocations come as part of the political leadership's interest in carrying out more national projects to better serve citizens.
The benchmark EGX30 hiked 0.48 percent, or 55.68 points, to end at 11,654.58 points.
The company’s financial indicators revealed that sales hiked to LE 2.74 billion by the end of the 2020, up from LE 2.59 billion in 2019.
The contracts were signed between the Egyptian General Authority for Mineral Resources and Canadian and Egyptian companies.
Sisi also issued Decision No. 7 of 2021 allocating two parcels of state-owned land privately owned in the governorates of Assiut and Aswan for use in establishing two information network stations for the Nile.
‘The stable 2021 outlook for Egypt's banking system balances profitability and loan book pressures against sound liquidity and a stable government credit profile,” it stated.
The T-bills will be offered in two installments; the first installment is valued at LE 7 billion with a 182-day term.
This came during Al-Mashat’s presentation of the results of the periodic monitoring of development projects that were implemented throughout the year 98 percent of the projects are on the right track in implementation with no constraints
International Trade Secretary Liz Truss announced the government guarantee, which will support highly skilled jobs in Derbyshire as the UK builds back better in the aftermath of coronavirus.