Financial position of banks in Egypt increases to EGP 6.676trn in August 2020: CBE
Volume of bank deposits records EGP 4.9trn, with credit facilities reaching EGP 2.269trn, of which 59.6% for private sector
COVID-19 crisis accelerates implementation of digital development plan: Crédit Agricole
Bank’s management has future of Egyptian banking sector in mind in line with state’s plan to digitise financial services: Country Managing Director
Security Council renews authorization for anti-piracy measures off Somalia
Piracy attacks off Somalia coast fell dramatically to just 8 in the five-year period between 2015 and 2019, down from a 2011 peak of 160 attacks
At least 25 Taliban militants killed in southern Afghanistan raid: military
ANDSF also destroyed 6 Taliban militants' hideouts and 25 defense positions during the raid in the region 555 km southwest of Afghanistan capital Kabul.
Egypt, South Korea see $1.16m trade exchange in 9M 2020: KOTRA
KOTRA will send 10 business delegations to Egypt starting from Q2 of 2021 once COVID-19 pandemic ends
Kuwait says progress made in resolving Gulf tensions
Kuwait FM said "all parties affirmed their eagerness, to reach a final agreement", thanking White House senior adviser Jared Kushner for his efforts"
TMG, Mori International sign agreement to open new restaurants in Madinaty -Open Air Mall
Madinaty Open Air Mall is one of the largest in the Middle East and is the only super-regional open-air shopping centre in Egypt
EBRD, Egypt launch country’s 1st gender awareness campaign
Two sides set up joint efforts to deliver safer transport services
Egypt’s non-oil sector slows as worries grow over second COVID-19 wave
IHS Markit’s PMI for Egypt recorded 50.9, down from 51.4 in October but still above 50.0 threshold that separates growth from contraction
Egypt poverty rate decreases for 1st time in 20 years: CAPMAS
Country develops comprehensive plan to control population growth rates, which will be implemented as of early next year 2021: Planning Minister