Thursday, 18 April 2019

Toyota, DENSO and SoftBank Invest $1 Billion in Uber


SAN FRANCISCO and TOKYO :  Toyota, DENSO and the SoftBank Vision Fund (SVF) announced today that they will invest $1 billion in Uber Technologies Inc.’s Advanced Technologies Group (Uber ATG). The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services ...

Thursday, 11 April 2019

Reports .. and a look at the economy of Sudan today

Cairo – Eco – Fady Labib : According to press reports, foreign currency trading in Sudan - after the statement by the Sudanese Minister of Defense to uproot the regime of Omar al-Bashir and his reservation after his arrest in a safe place - stopped the currency market completely in Sudan, and confirmed workers in currency offices "exchange", stopped the movement of sale and purchase of foreign currencies ...

Wednesday, 10 April 2019

President Abdel Fattah El Sisi attended the U.S. Chamber of Commerce In Washington



 Washington  - Eco - Fady Labib : President Abdel Fattah El Sisi attended on Tuesday a dinner hosted by the U.S. Chamber of Commerce in Washington D.C. The dinner was also attended by the Chamber’s vice-president, chairman of the Egypt-U.S. Business Council and CEOs of major American companies ...

President El Sisi met with Christine Lagarde In Washington


Washington  - Eco - Fady Labib : In Washington D.C, President Abdel Fattah El Sisi met on Tuesday with the Managing Director of the International Monetary Fund, Ms. Christine Lagarde ...

Wednesday, 3 April 2019

Creating the Blueprint for Sustainability Across Capital Markets

ENFRWC : The phone call to the World Bank Treasury came out of the blue: in late 2007, a group of Swedish pension funds wanted to invest in projects that help the climate, but they did not know how to find these projects. But they knew where to turn and called on the World Bank to help. Less than a year later, the World Bank issued the first green bond—and with it, created a new way to connect financing from investors to climate projects..Bonds are essentially an agreement where issuers borrow funds from investors and must repay investors at an agreed rate after a specified amount of time. Governments, companies and many others issue bonds to borrow money for projects ... for more @ egyptiannetworkforrenewables

President El Sisi met the prime minister .. the governor of the Central Bank of Egypt .. the ministers of planning ..


Cairo – Eco – Fady Labib : President Abdel Fattah El Sisi met on Tuesday with the prime minister, the governor of the Central Bank of Egypt, and the ministers of planning, monitoring and administrative reform; trade and industry and public business sector ...

The Pope blesses the Holy Family Pilgrimages in Egypt

Cairo –Eco –Nariman Yanny : Egypt’s Minister of Tourism, H.E. Yahia Rashed, has traveled to the Vatican along with a high-level deleg...

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