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Today, Monday 20-9-2021, "The Seventh Day website" published a set of important economic news, the most important of which is the meeting that took place between Major General Mahmoud Shaarawy, Minister of Local Development, with Dr. The new, in addition to a host of other news according to the following:


The latest developments in the file of moving to the new administrative capital and developing organizational structures


Major General Mahmoud Sharawy, Minister of Local Development, held a meeting with Dr. Saleh Al-Sheikh, head of the Central Agency for Organization and Administration, at the ministry’s headquarters, in the presence of a number of ministry and agency leaders, to discuss a number of important files from the development of organizational and functional structures, and the file of the ministry’s employees moving to the new administrative capital.


The new German ambassador: 1.6 billion euros, the size of the investment portfolio in Egypt


Frank Hartmann, the new ambassador to the Federal Republic of Germany in Cairo, who assumed his duties last August 8, "six weeks ago," said that Egypt is considered the most important drink for Germany, and that Germany is deeply involved in investing in Egypt in many fields, including energy and gas, pointing out that it was recently A huge deal was signed between Egypt and Siemens on the construction of the first high-speed train line in the Middle East linking El Alamein and Ain Sukhna



Petroleum: Refining 2.6 million tons of crude at the Assiut Refinery to provide petroleum products worth $945 million


Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, chaired the meetings of the general assemblies of the Egyptian Assiut Petroleum Refining and Petrochemicals companies in Alexandria, via video conference, to approve the results of the work of the fiscal year 2020/2021, in the presence of Major General Mahmoud Shaarawy, Minister of Local Development.


The main index of the stock market declined by 1.64% at the close of trading on Monday


The Egyptian Stock Exchange ended the trading session today, Monday, with a collective decline of indices due to the pressure of sales of Egyptian dealers, and the market capital closed at the level of 706.751 billion pounds.


13.6% increase in exports of the food industries and agricultural crops sectors


Nevin Jameh, Minister of Trade and Industry, stressed the importance of the food industries and agricultural crops sectors in meeting the needs of the local market, exporting to regional and global markets, providing millions of direct and indirect job opportunities and increasing economic growth rates, as they are among the most important strategic productive sectors in the national economy.



Head of Financial Supervision: Approval of 42 companies to issue insurance policies electronically


Dr. Mohamed Omran, Chairman of the Financial Supervisory Authority, revealed that the authority issued 42 approvals for licensing electronic issuance of insurance documents such as personal accidents, micro insurance, and corporate travel insurance documents - before the start of the travel insurance pool at the end of May 2021.


The Importers Division calls on its members to quickly join the pre-registration system for shipments


Ahmed Al-Malwani, Chairman of the Foreign Trade Committee of the General Division of Importers of the General Federation of Chambers of Commerce, called on all importers and customs brokers to quickly register for the ACI system before the trial period expires at the end of this September, and the mandatory application of the system has begun.

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