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Tuesday, 19 October 2021

Etisalat’s Nile Online to boost outsourcing in Egypt over coming 3 years

Etisalat’s Nile Online will expand the outsourcing and call center services it offers in Egypt under an agreement signed with the ICT Ministry’s ITIDA, the ministry said in a statement on the sidelines of Dubai Expo 2020. ITIDA will work with the company to train and hire at least 2.1k Egyptians for outsourcing jobs over the next three years. Separately, ICT Minister Amr Talaat held talks with Indian multinational outsourcing provider Tata Consultancy Services’ regional director Ajay Singh to bring the company to Egypt, the statement noted.

Will PPP projects have to price their final good or service with low income earners in mind? House Rep. Maha Abdel Nasser thinks the Public-Private Partnership (PPP) Act still needs to address how services offered by projects executed by PPPs will be priced, taking into account income levels, Al Shorouk reports. She’s pushing for a motion to add an article on prices to the preliminarily approved bill, especially in ventures in fields including education, healthcare, and transport.

The newly-formed Urban Development Fund just got a board of directors, with Khaled Sedeek as chairman, according to press reports citing an official cabinet statement. Members include eight others with experience in several different fields and representing the cabinet, the Finance Ministry, GAFI, the Mortgage Finance Fund, the CBE, and the New Urban Communities Authority (NUCA). The new fund was established by the Madbouly cabinet earlier this year to work alongside existing agencies such as NUCA and the General Authority for Urban Planning to develop areas in partnership with the private sector and real estate developers, as well as remove buildings in unsafe areas. It reports directly to the prime minister.

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

  • The Transport Ministry will soon launch an international tender for a private sector company to manage six new passenger trains being supplied by Spanish company Talgo, with plans to select the management firm by the end of the year.
  • Oil company SDX Energy has started drilling a development well in West Gharib’s Meseda field, the first in a 12-well development campaign that aims to grow production from a current 2.4k bbl/d to 3.5-4k bbl/d by 2023.
  • A Health Ministry-run healthcare center, AFRI Egypt, opened its doors in Jinja, Uganda yesterday as part of the government’s bid to boost its presence in Africa.

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