Egypt's Suez Canal Authority has said the key waterway netted record revenues last year, despite the coronavirus pandemic and a six-day blockage by giant cargo ship the Ever Given.
The number of ships using the canal rose from 18,830 in 2020 to 20,694 in 2021, or more than 56 ships per day.
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Critics in Egypt say Citroën ad promotes sexual harassmentAn advertisement by a French automaker has stirred up controversy in Egypt after activists said it promotes sexual harassment in a country where the practice is rampant. The ad by the Egyptian branch of Citroën, released last month, shows popular Egyptian singer and actor Amr Diab driving the latest version of the company’s C4, before coming to an abrupt stop in front of a woman crossing the street. Diab looks at the woman and snaps a picture of her from a camera fixed in the car's rearview mirror. That's Marketing 101. Tailor your advertising to your customers. Of course, these 'critics' are living in La-La-Land where realities don't matter. Sexual harassment is deplorable. Change the culture, then the advertising will change...putting the horse before the cart.
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Get Bigger, Go Faster: How VCs Won By Tossing Out Their Rulebooks In 2021Investors had to rethink their strategies last year as the venture capital market fostered record-breaking deals and valuations, while VCs had less time than ever to make decisions. Tiger Global and others invested big $$ and very quickly They will pick up big fees on their funds but I will be shocked if they end up with a good IRR on those funds
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