The Secretary General of the Supreme Council of Antiquities Mostafa Waziri announced that the Antiquities Ministry is planning to develop the narrow entrance to the pyramids area at Fayoum Governorate, in order to increase tourism flow to the area. In a Tuesday phone-call with with TV presenter Sayed Ali, Waziri explained that a large bus stop based on the latest international standards will be established in the area. Tourists groups will enter at the visitor center, he said, which includes a theater and other services, before environmentally friendly buses take tourists on a trip around the pyramids. The project is scheduled to be completed within two months, Waziri said. Once development work finishes, the entrance to the pyramids area will be closed from the side of the Mena House Hotel, and entry will be limited to the side of Fayoum Governorate, he added, pointing out that a tourist walkway is being established linking pyramids and the Grand Egyptian Museum.

August 03, 2023 19:37 UTC

FC Barcelona’s French international winger Ousmane Dembele has flown to Paris to complete his move to Paris Saint-Germain (PSG). Dembele was filmed at Barcelona Airport ahead of a private flight to Paris on Thursday morning, following Barcelona’s return from their North American tour, which ended with a 1-0 win against AC Milan in Las Vegas. Following that game, coach Xavi Hernandez admitted the 26-year-old had activated a €50 million release clause to allow him to hold talks with the PSG, who views him as a key player to cover for the possible departure of Kylian Mbappe. “I’ll be clear: Dembele has asked to leave, he has said that he has an offer from PSG and that they have spoken to him. The coach said it was a “personal decision” from the player and “we can’t do anything about it.

August 03, 2023 16:29 UTC

CAIRO – 3 August 2023: Fifteen new air-conditioned 3rd class rail carriages have arrived at Alexandria Port from Hungary, said Egyptian - Minister of Transport Lieutenant General Engineer Kamel Al-Wazir on Thursday. So far, Egypt has received 800 carriages (499 third class with dynamic ventilation and 301 third class with air conditioning) out of 1,350 ones as per a deal between the Ministry of Transport represented by the Railways Authority and the Hungarian Jans Mavage company. The deal comes as part of President Abdel Fatah al-Sisi’s instructions to provide low-income citizens with air-conditioned rail carriages to reduce their suffering in summer’s hot weather. On July 28, 2023, Al Wazir visited Hungary, where he met with the head of Jans Mavage Company “to discuss the localization of the railway vehicle industry in Egypt and its transformation into a center for the railway vehicle industry in the Middle East and Africa,” according to the official website of the Egyptian National Railways (ERA).

August 03, 2023 16:17 UTC

In a meeting in New Alamein city on Thursday, Sisi and Mitsotakis also stressed the importance of continuing energy cooperation with regard to natural gas, power linkage and green transformation. In this regard, Mitsotakis praised the Egyptian efforts to face illegal immigration especially in light of the burden that Egypt shoulders by hosting millions of refugees. The president also praised the fruitful cooperation between Egypt and Greece within the tripartite cooperation mechanism with Cyprus. Ukraine, LibyaDuring Thursday’s meeting, Sisi and Mitsotakis discussed the developments of the Russia-Ukraine crisis as well as the crisis in Libya. In this regard, Sisi affirmed Egypt’s stance in supporting the political track in Libya, highlighting the importance of holding the presidential and parliamentary elections as constitutional entitlements.

August 03, 2023 13:29 UTC

The Central Bank revealed that the annual core inflation rate, prepared for its part, had risen to 41% by the end of June 2023, compared to 40.3% in May 2023. The annual general inflation rate recorded 35.7% in June 2023, compared to 32.7% in May 2023. The Central Bank of Egypt targets an inflation rate of 7% ± 2% on average during the fourth quarter of 2024 and 5% (±2%) on average during the fourth quarter of 2026. HC Securities and Investment expected that the Monetary Policy Committee of the Central Bank of Egypt would keep interest rates unchanged in its meeting tomorrow, Thursday. Accordingly, and based on Egypt’s current economic situation, we believe the MPC committee will likely maintain interest rates unchanged at its 3 August meeting.

August 03, 2023 13:05 UTC





Egypt’s Minister of Trade and Industry Ahmed Samir and Turkish Minister of Industry and Technology Mehmet Fatih Kacır met in Ankara on Thursday to discuss ways to enhance joint industrial cooperation. The two ministers discussed the possibility of signing a joint memorandum of understanding that would cover industrial cooperation, technical expertise transfer, technical training, university education, pre-university education, industrial investment, and agricultural manufacturing. Samir also proposed establishing a mechanism for joint cooperation in manufacturing in Egypt and exporting to various countries. He also highlighted the importance of enhancing industrial and technological cooperation between the two countries, especially as Turkey has 354 industrial zones and the industrial sector’s contribution to the Turkish GDP is 27% and is worth $240bn. He also pointed out the importance of benefiting from all opportunities for joint industrial investment and cooperation in the field of new and renewable energy, including solar and wind energy.

August 03, 2023 10:39 UTC

CAIRO – 2 August 2023: A number of participants at the Egyptian National Dialogue have suggested drafting a legislation to put a ceiling on public debt amid the global economic crisis and increased debt burden. According to an official statement by the National Dialogue on the public debt session on Tuesday, a number of speakers have also called for supporting small and medium-sized enterprises. They called for integrating informal economy into formal economy and reducing budget deficit by curbing expenditures and setting priorities. Assistant Rapporteur of the National Dialogue’s Public Debt Committee Abdel Fattah El-Gebaly noted that Egypt's public debt has risen to 113 percent of GDP. Despite demands for a legislation to put a ceiling on debt, National Dialogue Technical Secretariat Head Mahmoud Fawzy questioned the effectiveness of such law, noting that all countries borrow only when required.

August 03, 2023 08:59 UTC

Goodbye, High school days, uniforms, and homework. As you enter college life and start your journey to adulthood, there are things you must learn to survive and misconceptions you must overcome. Let’s begin with…College is Harder than HighschoolWhat made a senior year in high school so hard was the fact it was the year whether you make it or break it. Now, this phase is different, you entered college, and the worst is over, or is it not? So it’s a complete surprise when you arrive at college and see new people with different backgrounds, ideas, and perspectives.

August 02, 2023 23:20 UTC

The defence chiefs of countries within the 15-member Economic Community of West African States (ECOWAS) on Wednesday began a three-day meeting in Nigeria over the situation in Niger where soldiers recently overthrew the elected government of Mohammed Bazoum. Defence chiefs from Mali, Niger, Guinea, Burkina Faso, and Guinea-Bissau were absent from the meeting, a source present at the meeting told Xinhua. But the junta has vowed to resist any plan of aggression against Niger by the ECOWAS or any Western power. The governments issued a joint statement on Friday, expressing their solidarity with the people of Niger and denouncing the sanctions imposed by ECOWAS. The sanctions were imposed after Niger’s military junta refused to hand over power to civilians after a coup in February.

August 02, 2023 20:17 UTC

Saudi Minister of Industry and Mineral Resources and Acting Minister of Media Bandar bin Ibrahim al Khorayef said that this came during a Cabinet session held on Tuesday at Al Salam Palace in Jeddah under the chairmanship of Saudi King Salman bin Abdulaziz al Saud.

August 02, 2023 17:03 UTC

President Abdel Fattah Al-Sisi has directed intensifying efforts to develop the health system in Egypt, especially in villages and the most vulnerable areas. This came during Al-Sisi’s meeting on Tuesday with Prime Minister Mostafa Madbouly, Minister of Health and Population Khaled Abdel Ghaffar, Presidential Advisor for Health and Prevention Mohamed Awad Taj al-Din, and Head of the Engineering Authority of the Armed Forces Ahmed Al-Azazi. Presidential Spokesperson Ahmed Fahmy said that the meeting discussed efforts to develop the health system nationwide. In this context, the President was briefed on the executive position of national projects in the health sector, the completion rates, and the timeframe for completing each project. The President was informed on the operational position of the comprehensive health insurance system, the completion rates and the number of health services provided under public health initiatives, with a total of more than 145 million health services provided through all presidential initiatives benefiting 90 million citizens.

August 02, 2023 12:17 UTC

The war in Sudan, also known as the Second Sudanese Civil War, lasted from 1983 to 2005. This essay will explore the causes and consequences of the war, and the international response to the conflict. The war in Sudan was caused by a variety of factors, including political, economic, and social grievances. The referendum was held in 2011, and 98% of voters supported secession, leading to the creation of South Sudan as an independent country. However, the legacy of the war continues to be felt in Sudan and South Sudan, and the international community must continue to support efforts to address the ongoing humanitarian crisis in the region.

August 02, 2023 12:13 UTC

Egypt’s Social Housing and Mortgage Finance Fund and aiBANK signed a cooperation protocol today to bolster their partnership and cooperation in order to finance a larger number of applicants for the Fund. The protocol was signed by Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund, and Tamer Seif El-Din, CEO and Managing Director of aiBANK. The Social Housing and Mortgage Finance Fund currently collaborates with 31 financing institutions and real estate financing companies across Egypt. Abdel Hamid also affirmed that aiBANK is an essential partner for the Social Housing and Mortgage Finance Fund in real estate financing. Hamid added that the fruitful cooperation between the Social Housing and Mortgage Finance Fund and aiBANK benefits Egyptians included in the presidential initiative ‘Housing for all Egyptians’ for limited- and middle-income citizens.

August 01, 2023 20:48 UTC

CAIRO - 1 August 2023: Egypt seeks to set up many different projects in all sectors, including the maritime transport sector, which has witnessed great development in recent years. Among the projects is the establishment of many different projects to raise Alexandria port's capacity globally, in a way that it can receive huge sailing ships from all over the world. In the below lines, et highlights some of the projects that targeted developing the maritime transport sector:1- Tahya Misr Station 55-62, with a sidewalk length of 2500 meters2- Berth 85/3, with a length of berths 433 meters3- Al-Maleh Lock Bridges, including 2 bridges with a length of 170 meters4- Establishing the infrastructure for new squares with an area of 176,000 square meters5- The berth for marine services is 7.5 meters long by 60 meters wide and 13 meters long by 100 meters wide. 6- Platform 100 (The berth is 1150 meters long and 16 meters deep)7- Logistics area 273 acres (Totaling 18-24 million tons)8- Nag Esso and Aluminium (A total of 12.86 acres for the aluminum face)Nag Eso with a total of 6.42 acres

August 01, 2023 17:55 UTC

CAIRO - 1 August 2023: Egypt stressed the vital role the international community needs to play in fostering a culture of tolerance, coexistence, and respect for all forms of cultural and religious diversity. In its statement, Egypt vehemently condemned crimes targeting Muslims, their religious symbols, and the Holy Quran. The country reiterated its commitment to protecting religious freedom and promoting peaceful coexistence in the face of escalating intolerance. Egypt further called upon the Organization of Islamic Cooperation to rally its efforts and take practical steps to confront the spread of Islamophobia, a phenomenon increasingly threatening peace and security in societies worldwide. In his speech, Ambassador Loza also emphasized the importance of addressing such crimes and violations, preventing their recurrence, and holding the perpetrators accountable.

August 01, 2023 16:59 UTC