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News

Old-to-Natgas car replacement initiative to begin before end of month: FinMin

The state treasury will take responsibility of financing the green initiative for its first phase to replace 250,000 “obsolete” cars older than 20 years

Trade Deficit down 14% in December 2020, recorded at $3.28B: CAPMAS

CAPMAS notes that this was due to a decrease in value of some commodities

CBE prepares multicurrency real-time gross settlement system launch on March 22

The new rules and system will be in force starting March 22nd said a CBE statement

The Future of Work is digital inclusion and hybrid workforce: IDC webinar

A majority of speakers agreed that upskilling needs to be priority, and already see many companies looking for opportunities to upskill employees

Shell agrees to sell Egyptian assets in western desert for around $926M

Initial base price is valued at $646 million, with additional payments to go up to $280 million between 2021 and 2024, wrote Reuters who broke the story