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Thursday, 9 December 2021

COP27 preparations begin, Fawry looking to launch B2B FMCG marketplace app

COP27 preparations begin: The government committee mandated with organizing COP27 convened for its first meeting yesterday, to discuss priorities and preparations for the climate summit scheduled to be held in Sharm El Sheikh next November, cabinet said in a statement.

Fawry’s fast-moving consumer goods branch will launch its B2B FMCG marketplace app Mandoobi in cooperation with BI Technologies at next week’s Food Africa 2021 conference in Cairo.

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

  • Egypt’s Sukari gold mine saw its largest reserve increase in a decade in 1H2021: The mine saw net mineral reserve growth of 1.1 mn ounces, or 23%, in the first half of 2021.
  • Our Avenue of the Sphinxes parade is now an annual event: After one very glamorous parade in Luxor late November to mark the reopening of the avenue, the Tourism Ministry has decided to host the parade on an annual basis.

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