The cabinet approved, during Wednesday’s meeting chaired by Prime Minister Mostafa Madbouly, a draft decision of from the president approving an agreement to establish the New Development Bank, affiliated to the BRICS bloc, and Egypt’s accession document to the bank. The bank, established in 2015 by a group of major emerging economies, works to support sustainable development and enhance regional cooperation and integration by investing mainly in the field of infrastructure, which includes various sub-sectors in infrastructure such as: energy, transportation, water, and communications, in addition to expanding its operations to include the health and social infrastructure sectors. The bank also works in digitization, due to the negative economic effects resulting from the COVID-19 pandemic crisis on the global economy. It also focuses on implementing projects related to the national development priorities of member states.

December 07, 2022 20:56 UTC

The Egyptian pound has already been floated, a measure that will continue for four years, said the Chairman of the House of Representatives’ Plan and Budget Committee,MP Fakhry al-Fiqi, who also shot down the possibility of a new flotation. The third program of the International Monetary Fund witnessed arduous and delicate negotiations over a period of seven months, starting from March until October 27. IMF experts did not arrive in Cairo until after filling the financing gap through recent Arab investments, he added. Egypt has obtained loans from the International Monetary Fund, amounting to about US$20 billion since 2016, as part of the implementation of the economic and social reform program. It also obtained quick financing to face the repercussions of coronavirus pandemic, and has already started paying the first loan installments.

December 07, 2022 20:56 UTC

Whether you are a typical user or an entrepreneur looking for a back up plan, Best Backup is a great all-in-one back-up solution for mobile devices. Unlike most back-up solutions, Ultimate Back-up also makes it simple to find and restore documents from everywhere. Ultimate Backup’s four-in-one drive enables you transfer data files, manage all of them, and share them. The application as well allows for multiple backup users. The app’s other recognized features involve its capability to make a backup of mobile data automatically.

December 07, 2022 12:33 UTC

Egypt’s Minister of Health and Population Khaled Abdel Ghaffar witnessed the opening activities of the 74th International Conference of the Egyptian Orthopedic Society, which is running until 8 December. According to a statement by the ministry, the minister stressed the importance of the annual conference of the Egyptian Orthopaedic Society, which is one of the oldest and most prestigious scientific societies in the Arab region. The minister also appreciated the association’s efforts for its continuous success in holding the conference over the past decades, as the conference is the largest event in the field of orthopaedic surgery in Africa and the Arab world, explaining that the association is the great home for all orthopaedic surgeons in Egypt, the Arab world, and Africa. He also stressed the importance of the active participation of young doctors in the conference to benefit from the scientific expertise of the expatriates participating in the event from different countries through lectures, scientific sessions, and workshops that are held during the conference activities. Finally, the minister drew attention to the importance of recommendations from the conference on establishing rules for measures to prevent diseases that lead to bone deformities, especially for children.

December 07, 2022 01:49 UTC

Spanish choreographer and artist Dani Pannullo has been in Egypt since 22 November to prepare a dance show that pays homage to the rich cultural heritage of the Egyptian architect Hassan Fathy. The dance show, titled ‘Architecture of Dance’, is conceived and designed by Pannullo and represents a journey to the essence of Egyptian culture. The show will feature the participation of renowned Egyptian artists, such as Amie Sultan from the Tarab Collective for Preserving Egyptian Performance Heritage and Mohamed Al-Sayed. Additionally, Spanish artists, such as Alexander Peacock, will be participating in the show, along with young Egyptian artists Hossam Al-Deen Ahmed, Ibrahim Desouky, Youssef Abdel Mageed, Aly Ashmawy, Eslam Arabi, and Essam Khalid. The show reaped a lot of success, eventually touring Spain, and has been chosen to be the inaugural party of the headquarters of Casa Arabe in Madrid.

December 06, 2022 15:37 UTC





"Over a year ago, in many national camps we told players, 'You have homework ahead of the World Cup. You can't just train them when they're with the national team'," Luis Enrique told reporters on Monday. Luis Enrique gave his team a B+ for their group stage performances, highlighting the 15 minutes against Japan when they were "steam-rolled". In the World Cup you have the best teams, you're playing against top level coaches and players," Enrique added. I encourage my players to forget about the result too, the result will come," Luis Enrique said.

December 06, 2022 08:41 UTC

But sometimes this type of caring, selfless people take it a bit too far that they forget themselves in the process. They cater to the needs of everyone around them that they forget about their own needs. These are signs that you need to prioritize yourself more. It is like you are constantly running around and that there’s so much that you need to do and finish but can’t find the time. This is mainly because you usually don’t give priority to yourself and others got used to not prioritizing you either.

December 05, 2022 20:07 UTC

This comes in accordance with the directives of the President of the Republic, to support the Egyptian industry, as follows:1. The Public Authority for Industrial Development will provide the committee with the problems that exist in the industrial zones so that the committee will hold meetings in the presence of the competent authorities to solve these problems. The Prime Minister to direct the authorities with judicial control not to close any factory except in cases that cause serious harm to public health and safety, and to refer to the Industrial Development Authority. Second: Problems related to the Industrial Development Authority, and this matter was raised in the committee meeting in the presence of Eng. Mohamed Abdel Karim, Chairman of the Industrial Development Authority, who confirmed that there is a new vision for the authority and it will be presented to the committee within a month.

December 05, 2022 17:53 UTC

Minister of Local Development Hisham Amna said on Sunday that the National Programme for Community, Human, and Local Development, ‘Your Project’ (Mashrouak) has contributed since its inception to the implementation of more than 200,000 projects with loans amounting to about EGP 25.6bn. According to the minister, Mashrouak is working in parallel to implement the ministry’s current plan to achieve the economic empowerment of Egyptian women, especially the breadwinners. Dakahlia came next with 16,200 projects, loans of EGP 1.9bn, and 147,000 job opportunities. Mashrouak also helped Sharqyea implement 15,700 projects with loans of EGP 2.4bn and created 178,500 job opportunities. This ensures the continuity and development of these projects in accordance with the variables of the Egyptian market.

December 05, 2022 17:47 UTC

CAIRO - 5 December 2022: Health Minister Dr Khaled Abdel Ghaffar has issued a ministerial decision to regulate the process of administrating drug through intramuscular and subcutaneous injection by qualified pharmacists. The decision is meant to guarantee rights of pharmacists and ease the injection process for patients. The minister listened to all proposals submitted during the meeting in order to regulate and legalize intramuscular and subcutaneous injection by qualified pharmacists, said his spokesman Dr Hossam Abdel Ghaffar. The participants posted the minister on advanced training programs that would help achieve that, spokesman Abdel Ghaffar added. The trainees will then receive certificates and licenses needed for pharmacists to be able to administer drug through intramuscular and subcutaneous injection, the spokesman said.

December 05, 2022 17:43 UTC

Three years ago, the CBE launched an initiative for mortgage financing for middle-income citizens with an annual interest rate of 10% on a decreasing basis before reducing it to 8% in March 2020 due to the COVID-19 pandemic. Shoukry added that the decrease in financing granted to real estate developers at an interest rate of 8% represents a new burden on property developers who will bear this cost. Mortgage financing initiatives have not stopped for social housingMeanwhile, Mai Abdel Hamid — CEO of the Social Housing and Mortgage Support Fund — said that the fund is committed to all previous initiatives with beneficiaries in mortgage financing initiatives and confirmed that no previous announcements have changed their conditions. Abdel Hamid added that previous mortgage financing initiatives have not stopped, no conditions for old ads have been modified, and the fund is committed to all previous ads with their terms, so no beneficiaries will be affected. She also said that the housing ministry has a desire to cooperate with the private sector, as lands have been prepared and are waiting for the private sector to participate in.

December 05, 2022 17:35 UTC

The final 2022 event on the PSA World Tour kicks off on 6th Dec at Hong Kong Football Club with the strongest-ever field set to contest the PSA Bronze event for a lion’s share of the $55,000 prize fund. We’ll be covering the event on our dedicated minisite, with key links and daily updates here …Day ONE : dramatic comeback win for Alex Lau as HK legend Max Lee bows out

December 05, 2022 14:39 UTC

(Reuters) - Argentina captain Lionel Messi and coach Lionel Scaloni predicted a tough but beautiful encounter with the Netherlands when the sides meet in Friday's World Cup quarter-final. Noting the age gap, Scaloni, 44, said he had since his early playing days been an admirer of Dutch coach Louis van Gaal, 71. "This is one of the pleasures that football gives you, especially as it is happening at a World Cup. "They have great players and a great coach, it's going to be hard-fought. It's the quarter-finals of a World Cup and if a World Cup has been tough from the start, it gets even tougher at this stage."

December 05, 2022 00:46 UTC

President Abdel Fattah Al-Sisi visited on Sunday morning the headquarters of the Police Academy and attended the screening tests of new students applying to join the academy. The president was greeted by Minister of Interior Mahmoud Tawfiq and a number of officials from the academy and the ministry. In a statement, Presidential Spokesperson Bassam Rady said that Al-Sisi attended the screening process, where he stressed the importance of applying objective and impartial criteria to select the best members and prepare a generation capable of protecting the country to maintain stability and progress. The president also called on prospective students to equip themselves with knowledge and education and to form a protective wall alongside their brothers in military and civilian colleges and institutes against all the challenges witnessed by the Egyptian state. Moreover, he stressed the need for them to set an example for all Egyptians, as they are an integral part of its youths, and continue to give something back to the country and its great people.

December 04, 2022 20:41 UTC

The Civil Democratic Movement announced its project on national dialogue, which the movement says aims to instigate a comprehensive process of political and legislative reform that moves society forward with a strong will on the road to building a modern democratic civil state. Zahran pointed out that posing political opposition against the state is a big fallacy that must be corrected, calling for the adoption of scientific, political, and legal methods in our work in the civil movement. Hamdeen Sabahi — former presidential candidate and Leader of the Karama Party — said that the Civil Democratic Movement formulated a vision with political and economic goals, and it will join and fight in the national dialogue in order to achieve it. Sabahi also explained that the movement agreed to join the national dialogue with conditions, which is the release of all prisoners of conscience, and if it is not achieved, it will not enter the dialogue. He pointed out that the door is open to everyone, even those who disagree with the movement, by inviting them to unite, and the civil movement does not want an explosion or a coup, it wants a peaceful change to the status quo.

December 04, 2022 19:19 UTC