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Tuesday, 3 August 2021

Hisham Tawfik on textiles and EVs + polymer notes and a fourth wave

It was a good night for business-relevant coverage on the airwaves, with the highlight being Public Enterprises Minister Hisham Tawfik’s sitdown with Sada El Balad’s Ahmed Moussa to recap the country’s efforts to strengthen the Egyptian textile industry, state-owned El Nasr Auto’s plans to produce Chinese EVs, updates on the Egyptian Iron and Steel mining spinoff, and the latest on the development of historical landmarks and buildings through private and public players. You can watch the full interview here (watch, runtime: 60:24).

Also last night: The CBE’s plans to issue new polymer banknotes were on the agenda for CBE sub-Governor Khaled Farouk, who phoned into Ala Mas’oleety to assure citizens that paper money will still be valid following the issuance of the new EGP 10 and 20 notes (watch, runtime: 6:00). Farouk also reiterated that these polymer notes are prototypes and do not reflect the final design. The news also got attention from Masaa DMC (watch, runtime: 8:18).

There was still time for covid: Advisor to the health minister Noha Assem told Al Hayah TV’s Lobna Assal that we could enter the fourth wave of the pandemic as early as September amid the reopening of schools, the return of holidaymakers, as well as a prospective return of employees to work from office (watch, runtime: 7:22). Adhering to mask use and not reopening workplaces too hastily will be essential as we enter the fourth wave in late fall, Assem said.

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