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Tuesday, 15 December 2020

Also on our radar on 15 December 2020

The first phase of the universal healthcare scheme, which will see the program rolled out in six governorates by 2023, is set to cost EGP 51.1 bn, Assistant Health Minister Ahmed El Sobky said. The first six governorates are Port Said, Luxor, Ismailia, Aswan, Suez, and South Sinai. The bulk of the spending will be on improvements in medical infrastructure. The EGP 600 bn program was piloted in Port Said in 2019.

Other things we’re keeping an eye on this morning:

  • Two unnamed Saudi and Kuwaiti companies have presented offers to build cargo zones at Cairo International and Sphinx airports.
  • Land swap: State-owned companies have settled EGP 33 bn in debt and arrears they have owed other state agencies for 25 years, by agreeing to transfer ownership of their unused land, the Public Enterprises Ministry said in a statement on Sunday.
  • Scholarships for unis in new cities: Banque du Caire will finance EGP 21.4 mn in scholarships over three years at four new local universities: King Salman University, Al Alamein International University, Al Galala University, and New Mansoura University.

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