Latest in Highlight
Service sector received EGP 62.2bn banking funds, while industrial sector got EGP 43.1bn
Egypt’s imports scored $66.529bn, while exports reached $28.495bn between July 2018 and June 2019
The city is currently being built on an area of 211 feddans to be the headquarters of research and innovation centres specialised in advanced technologies such as artificial intelligence, the internet of things, integrated systems, and others.
Khalil Hassan Khalil, head of ITFEDCOC, said that the division is keen to participate in international events and conferences interested in the sector of technology and entrepreneurship, such as the CES conference in Las Vegas.
Qatar to witness the largest absolute outflows among MENA region, while Egypt ranks Fourth
Aramco will release its IPO prospectus on 9 November
In Baghdad, schools closed in response to a strike called by the Teachers’ Union.
“The meeting dealt with the follow-up agreement between the Ministry of Transportation and PRL for the supply of new railway tractors as well as modernising and upgrading the efficiency of the current available tractors at the ministry,” Egypt’s presidency statement read.
Salah scored a decisive goal in UCL final, Mahrez won AFCON, says France Football
Infrastructure is not about building bridges and roads only, but also digital transformation, says Mahmoud Mohieldin
The source revealed that negotiations with KarmSolar have reached very advanced stages and are expected to be officially declared within days, however, the source did not disclose any further details.
It aims to strengthen protection measures of personal data
Sudan, Ethiopia confirmed their participation in the meeting
Delek Drilling and Noble Energy, Dolphinus JV to acquire 39% stake in the pipeline
Agreement allows gas transfer from Tel Aviv in 1Q 2020, says source
EM securities attracted $22.5bn in October, says IIF
Company is on continuous lookout for quality investment opportunities in Egyptian market, says Ekuity CEO
FX reserves up by $25.618bn, exchange rate and inflation fall, and public debt rises
Ahmed Fahim, head of technical analysis at Al-Shorouk Brokerage Company, said that the main index will continue its bullish move to target the new resistance level at 14650 points this week, which, if penetrated, the index will target 15000 points
The Israel Defense Forces (IDF) has claimed responsibility for the airstrikes, saying, “in response to rockets fired at Israel, we struck Hamas terror targets in Gaza.”
Friday’s protests were the largest since the former regime was toppled in 2003
Lebanese banks reopen for customers amid third week of mass protests
Heikal noted that achieving efficiency and investment flows to countries will only be achieved when governments prioritise deregulation of energy products and leave price controls to market supply and demand.