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Egyptian gov’t opens midway waste recycling station
16 - Sun - Feb - 2020
Egyptian gov’t opens midway waste recycling station
Egyptian environment and local development ministers on Saturday opened a midway waste recycling station in Kirdasah, according to a statement.Situated on 3,500 square metres, the plan has the capacity to manage 2,500 tonnes of waste, environment minister Yasmine Fouad said.​​​​​​​The environment ministry provided equipment worth…
EgyptAir receives 1st Airbus A320Neo plane
16 - Sun - Feb - 2020
EgyptAir receives 1st Airbus A320Neo plane
EgyptAir on Saturday received its first Airbus A320Neo plane, according to Ahram Online.The A320Neo is among 15 aircraft scheduled for delivery to EgyptAir, including eight Airbus A320Neo aircraft and seven Airbus A321Neo.EgyptAir is the first company to operate both the Airbus A320Neo and Airbus A220…
Royal Bank of Scotland plans rebranding, cutting investment-banking business
16 - Sun - Feb - 2020
Royal Bank of Scotland plans rebranding, cutting investment-banking business
Royal Bank of Scotland Group (RBS) has unveiled plans to change its name to NatWest Group, according to MarektWatch.com.The group also announced that it will reduce the size of its NatWest Markets investment-banking business by around 50%.“This applies to parts of our NatWest Markets business,…
Egypt’s unemployment rate hits 8% in Q4-19
16 - Sun - Feb - 2020
Egypt’s unemployment rate hits 8% in Q4-19
Egypt’s unemployment rate recorded 8% during the fourth quarter of 2019, compared to 7.8% in the third quarter, declining by 0.9% year-on-year.Total manpower increased to 28.95 million in Q4-19, from 28.406 million in Q3-19, according to data from the Central Agency for Public Mobilization and…
Egypt to complete 13 industrial complexes
16 - Sun - Feb - 2020
Egypt to complete 13 industrial complexes
The Egyptian government is building 13 industrial complexes housing 4,500 factories, Egypt’s trade and industry minister Neven Gamee stated on Saturday.The trade ministry is keen on identifying all challenges facing the industrial sector and finding effective solutions for them, Gamee said.​​​​​​​Gamee added that the ministry…