Huge Losses Caused by California Fires

 

California - Eco - Fady Labib : California firefighters continue their efforts to control a series of major fires in Los Angeles that have caused huge losses and destroyed at least 10,000 buildings from the Pacific Coast to Pasadena, forcing thousands to flee their homes. At least five churches, a synagogue, seven schools, two libraries, shops, bars, restaurants, banks and grocery stores have been destroyed. Many Hollywood stars have also found themselves facing huge losses after their luxury homes were turned into ashes and rubble ...

Central Bank of Egypt Issues New Decrees for Extending the Exemption of Individuals from Transfer Fees via Instant Payment Network and InstaPay Application

As Part of its Ongoing Efforts to Promote Egypt's Digital Transformation Strategy

Cairo - Eco - Fady Labib : In alignment with Egypt's Vision 2030 to promote digital transformation, the Central Bank of Egypt’s (CBE) Board of Directors issued a set of decrees that include extending the exemption of all fees and commissions applicable to bank transfer services, conducted through electronic channels (internet banking and mobile banking applications) in Egyptian pound ...

President El-Sisi .. and the role of Egyptian air transport in supporting national development programmes

Cairo - Eco - Fady Labib : Today, President Abdel Fattah El-Sisi met with Minister of State for Military Production, Mr. Mohamed Salah El-Din; Minister of Civil Aviation, Dr. Sameh El-Hefny; Head of the Armed Forces Financial Affairs Authority, Lieutenant-General Ahmed El-Shazly, Head of the Armed Forces Engineering Authority, Major General Ahmed Al-Azzazi; and Acting President of EgyptAir for In-flight Services, Mrs. Soheir Abdullah ...

The European Commission provides financial aid worth one billion euros to Egypt

 

Brussels | Belgium -  Eco - Fady Labib : The European Commission decided today, Friday, to disburse one billion euros within days, after fulfilling the political conditions agreed upon with the European Union within the framework of the ongoing comprehensive financial assistance program ...