cairo, gmt + 2

21 January

Thursday, 2021

Glimpse into dynamics of post-pandemic oil industry


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.

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Magazine Egypttoday Dec-Jan

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ESCWA, Standard Chartered Bank speculate rebound for Egypt's economic growth in 2021

Thu, 21 Jan 2021 - 02:55 GMT

Five sectors will majorly contribute in such improvement.

LE200M allocated for ministries of electricity, housing - min.

Thu, 21 Jan 2021 - 02:51 GMT

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.

EGX continues its uptrend, market cap. gains LE 3.15B

Thu, 21 Jan 2021 - 02:20 GMT

The benchmark EGX30 hiked 0.48 percent, or 55.68 points, to end at 11,654.58 points.

Obour Land records profits of LE310.36M in 2020

Thu, 21 Jan 2021 - 01:35 GMT

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.

Egypt signs 5 contracts for gold exploration with investments of $13 million

Thu, 21 Jan 2021 - 12:15 GMT

The contracts were signed between the Egyptian General Authority for Mineral Resources and Canadian and Egyptian companies.

Sisi issues 4 decrees to allocate lands for establishing various projects

Thu, 21 Jan 2021 - 11:49 GMT

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.

Moody's expects Egyptian banking system to remain stable in 2021

Thu, 21 Jan 2021 - 10:56 GMT

‘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.

Egypt’s central bank issues LE 19.25B on T-bills Thursday

Thu, 21 Jan 2021 - 10:16 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 7 billion with a 182-day term.

Int'l Cooperation Min. makes strides in structural reforms, project monitoring in 2020: Al-Mashat

Wed, 20 Jan 2021 - 05:00 GMT

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

UK Export Finance unlocks trade to Egypt and supports UK jobs with £1.7bn guarantee

Wed, 20 Jan 2021 - 04:46 GMT

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.


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