The equally weighted index EGX 50 dropped 2.86 percent, or 69.67 points, to end at 2,364.67 points. The small and mid-cap index EGX 70 dipped 3.59 percent, or 103.04 points, to close at 2,763.72 points, and the broader index EGX 100 lessened 2.92 percent, or 112.7 points, to close at 3,753.47 points. Market capitalization lost around LE 8.72 billion, recording LE 717.6 billion, compared to LE 726.32 billion in Thursday’s session. Egyptian investors were net sellers at LE 51.24 million, while Arab and foreign investors were net buyers at LE 1.06 million, and LE 50.18 million, respectively. Egyptian, and Arab organizations sold at LE 68.07 million, and LE 6.81 million, respectively, while foreign organizations bought at LE 52.24 million.

September 19, 2021 14:26 UTC

CAIRO – 19 September 2021: President Abdel Fatah al-Sisi issued Sunday decree no. 396/2021 granting 11 injured conscripts, who were serving their conscription time at the Egyptian Armed Forces, and the families of three martyred ones an exceptional pension worth LE900 ($56.26) per month. It is noted that Egypt has been involved in a war on terror in North Sinai for a decade, and hence, tens of injuries and deaths among officers, non-commissioned officers, and soldiers (conscripts), occurred. In March, President Abdel fatah al-Sisi met with the family members of dozens of military and police officers who were made martyrs during confrontations with terrorists, as well as the families of doctors who lost their lives after contracting Covid-19.

September 19, 2021 14:25 UTC

For centuries, shea butter has been used as a cosmetic ingredient, and until today it is an essential component in most of the skincare and haircare products. Unlike what many would think at the look of it, the consistency of shea butter is easy to spread and melts at body temperature. Shea butter has myriads of benefits which makes it an amazing conditioning, moisturizing, and soothing product. Unlike coconut oil, shea butter will not clog your pores or make your skin oily. Vitamin A and E found in shea butter nourish the skin and keep it supple, plumped, and radiant.

September 19, 2021 14:06 UTC

CAIRO - 20 Septemebr 2020: The Health Ministry said that 653 new coronavirus cases were detected in Egypt over the past 24 hours, bringing the total number of infections to 296,929 . In a statement on Sunday, Spokesman for the Health Ministry Khaled Megahed said that 19 patients have died from the virus over the past 24 hours, raising the death toll to 16,970. As many as 511 patients were discharged from hospitals after receiving necessary medical care, taking the number of recoveries to 250,304 , he added. The recovery rate from the coronavirus (COVID-19) at Egyptian isolation hospitals has reached 84.3% percent, according to the Ministry of Health's statement on Sunday. The Ministry of Health and Population said that according to the recommendations of the World Health Organization issued on May 27, 2020, the disappearance of symptoms for 10 days after infection is an indication of the patient's recovery from the Corona virus.

September 19, 2021 12:56 UTC

CAIRO - 22 Septemebr 2020: The Health Ministry said that 688 new coronavirus cases were detected in Egypt over the past 24 hours, bringing the total number of infections to 298,296. In a statement on Wednesday, spokesman for the Health Ministry Dr Khaled Megahed said that 24 patients have died from the virus over the past 24 hours, raising the death toll to 17,016. As many as 703 patients were discharged from hospitals after receiving necessary medical care, taking the number of recoveries to 251,395, he added. The recovery rate from the coronavirus (COVID-19) at Egyptian isolation hospitals has reached 84.3% percent, according to the Ministry of Health's statement on Sunday. The Ministry of Health and Population said that according to the recommendations of the World Health Organization issued on May 27, 2020, the disappearance of symptoms for 10 days after infection is an indication of the patient's recovery from the Corona virus.

September 19, 2021 12:56 UTC





Meteorologists predict hot and humid weather on Monday during the day over Greater Cairo and the Delta, while moderately hot on northern coasts, and very hot on South Sinai, and Upper Egypt. The weather will be moderate and humid at night over most parts of the country. Maximum temperatures for the following cities are:Alexandria: 32CCairo: 36CHurghada: 36CSharm el-Sheikh: 37CQena, and Luxor: 40CAswan: 41CActive winds are expected on northern Upper Egypt, northwestern coasts and Greater Cairo, reducing humidity at night. Mists expected in the morning on some roads leading to Greater Cairo, Lower Egypt and the northern coasts. Waves in the Mediterranean Sea will be moderate, ranging between one and 1.75 meters in height with northwestern surface winds, while waves in the Red Sea will be moderate to rough, ranging between two and 2.5 meters in height with northwestern surface winds.

September 19, 2021 12:18 UTC

The Ministry of Local Development on Sunday announced new opening hours for shops, according to the decision of the Supreme Committee for Shop Licensing Public Shops. Winter opening hours for shops, cafes and restaurants, will be enforced starting from September 30th. – All shops and malls, except for restaurants, cafes, and bazaars organized in Article Three of this decision, are opened daily from seven am and closed at 10 pm in winter. – The opening hours of restaurants, cafés, and bazaars, including those in malls, will be daily from five am and close at 12 am in winter, with the continuation of the takeaway and delivery service for restaurants and cafés 24 hours a day. – The application of the new hours will continue until the decision to return to summer opening hours, starting from the last Friday of April of each year until the end of the last Thursday of September of each year.

September 19, 2021 12:00 UTC

Cairo, Egypt – 19 September 2021- Alameda Healthcare, a leading Egyptian private healthcare group, announced today at a press conference its expansion plans for 2021. The plans will see the group expand its capacity and geographical presence, and forms part of its ongoing strategy to enhance the local healthcare market and offer best-in-class services to Egyptians. Alameda Healthcare is looking to pursue new expansion opportunities in both Cairo and the nation at large. “At Alameda, we strive to offer innovative, state-of-the-art healthcare services, in line with global standards,” said Fahad Khater, Chairman & Owner of Alameda Healthcare. Moreover, the group commissioned a Kidney Transplant Unit and Dialysis Unit and offered nursing manpower at Abu Reesh Children Hospital.

September 19, 2021 11:48 UTC

PARIS, Sept 19 (Reuters) – French President Emmanuel Macron will have a call with US President Joe Biden in the next few days, the French government spokesman said on Sunday, amid a diplomatic crisis triggered by Australia’s cancellation of submarine contract with Paris. France said on Friday it was recalling its ambassadors from Washington and Canberra over a trilateral security deal also involving Britain which sank the multi-billion dollar order for French submarines. read more“President Biden asked to speak to the President of the Republic and there will be a telephone discussion in the next few days between President Macron and President Biden,” Gabriel Attal told news channel BFM TV. France would be seeking “clarification” over the cancellation of a submarine order, Attal said. read moreAfter the initial “shock” of the cancellation, discussions would need to take place over contract clauses, notably compensation for the French side, Attal added.

September 19, 2021 11:15 UTC

FILE PHOTO: A vial and sryinge are seen in front of a displayed AstraZeneca logo in this illustration taken January 11, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File PhotoCAIRO - 19 September 2021: Egypt would receive 3.5 million doses of the COVID-19 AstraZeneca vaccines this week, besides 1.6 million doses of the Pfizer vaccine this Friday, announced the Egyptian Ministry of Health in a statement on Sunday. These shipments of vaccines will be provided in travel vaccination centers, the ministry added. The campaign contributed to raising awareness of 18,000 people about the importance of the vaccination for protection from the coronavirus. Egypt recorded on Saturday 637 coronavirus infections, and 16 deaths as well as 711 recoveries at isolation hospitals.

September 19, 2021 11:13 UTC

CAIRO – 19 September 2021: Minister of Foreign Affairs Sameh Shokry headed Sunday to New York to participate in the high-level debate held on September 21-27 within the 76th session of the UN General Assembly (UNGA 76). UNGA 76 had opened on September 14 where Maldives Minister of Foreign Affairs Abdulla Shahid was sworn in as the president of the session. Minister Shokry will also hold meetings with a number of high-ranking UN officials, heads of other regional and international organizations such as the Organization of Islamic Cooperation (OIC), and the Union for the Mediterranean. The Egyptian minister will also present during those meetings the achievements accomplished on the national level in the political, economic, and social realms. That is in addition to ways of building upon them to fulfill mutual interests with allies and international partners as well as achieve the goals of the Egyptian foreign policy in the coming period.

September 19, 2021 11:13 UTC

Egypt’s Ministry of Health and Population has started working to provide new drugs that will change coronavirus resistance by reducing the viral load. The ministry noted that the new drugs it is working to provide includes medicines to people in contact with infected cases. The ministry said that it has provided two million doses to vaccinate university students and workers in the Ministry of Higher Education before October 9. It added that Egypt will receive 1.6 million doses of the Pfizer vaccine on September 24, and more than 1,000 refrigerators will be contracted to store the vaccines, as a gift from the United Nations Children’s Fund (UNICEF). Also, during the next week, Egypt will receive more than 3.5 million doses of the AstraZeneca vaccine.

September 19, 2021 10:52 UTC

CAIRO – 19 September 2021: Minister of Foreign Affairs Sameh Shokry made a phone call Sunday to his Israeli counterpart Yair Lapid to stress the Egyptian stance necessitating the revival of negotiations between the Israelis and the Palestinians. Minister Shokry added that for negotiations to succeed, it is essential to create suitable political conditions and a stable climate in order to spare the region any tensions or escalation. Equally, the minister asserted that Egypt is carrying on with its persistent efforts over the matter. The call also addressed ongoing endeavors in the framework of reconstruction, and the delivery of aid and development support to the entire Israeli-occupied Palestinian territories in coordination with the Palestinian Authority (PA).

September 19, 2021 10:24 UTC

Egyptian President Abdel Fattah al-Sisi discussed the optimal use of rainwater and torrential rain in the development of rain-fed crops in a meeting with Prime Minister Mostafa Madbouly, Minister of Irrigation and Water Resources Mohamed Abdel-Aty, Minister of Agriculture and Land Reclamation al-Sayed al-Quseir. Sisi followed up on joint efforts between the Ministries of Irrigation and Agriculture in sequestering and distributing rainwater and torrential rain to prevent its waste and achieve optimal use of it in rainy areas across Egypt. The project aims to reach the maximum possible amount of storage especially in Sinai, the northern coasts and some areas of the Red Sea governorate. Sisi ordered to continue all efforts that would achieve the optimum use of all available water resources in Egypt, and integrate it with the state’s national project to line canals and drains. The Minister of Irrigation reviewed the hydrological and engineering studies of planned dams to conserve rainwater, in addition to the efforts to modernize the nation’s irrigation systems.

September 19, 2021 09:00 UTC

HONG KONG (AP) — Select Hong Kong residents voted for members of the Election Committee that will choose the city’s leader in the first polls Sunday following reforms meant to ensure candidates with Beijing loyalty. The changes are part of a broad crackdown on Hong Kong civil society following mass pro-democracy protests in 2019. Also Sunday, Hong Kong’s largest opposition trade union — the Hong Kong Confederation of Trade Unions — said it would disband out of concerns for the safety of its members. Critics say the changes restrict freedoms Hong Kong was promised it could maintain for 50 years following the territory’s 1997 handover to China from colonial Britain. “This election lets us select solid patriots who love our country and Hong Kong to rule Hong Kong, and who demonstrate their strengths in Hong Kong’s administration and politics,” said Armstrong Lee, a candidate representing the social welfare sector.

September 19, 2021 09:00 UTC