(OFH) recorded consolidated profits of LE 36.66 million during the financial period from the company's establishment to June 30, 2021. The company achieved LE 17.27 million in profits during the three months ending in June 2021, while it achieved LE 40.49 million in revenues. Orascom Financial Holding Company was established as a result of the demerger of Orascom Investment Holding Company. Orascom Financial Holding announced during the financial period from December 10, 2020 to March 31, 2021, that it achieved profits of LE 19.38 million. OFH, which is a technology-driven financial services investment company, has a portfolio of a minority stake in Sarwa Capital, Egypt’s leading consumer and structured financial services provider, and a majority stake in Beltone Financial Holding, a regional investment bank and financial services institution.

August 31, 2021 13:48 UTC

“It feels like old times again, I'm very happy to be here,” he told a news conference before the Dutch team left for Oslo for the Group G tie. It was hard to watch during the European Championship.”Knee surgery kept Van Dijk sidelined for most of last season plus this year's Euros, where the Dutch were eliminated in the last-16 by the Czech Republic. Van Dijk, who last played for his country in October, could feature in three matches in six days, with a home clash against Montenegro on Saturday and Turkey next Tuesday to follow the trip to Norway. Coach Louis van Gaal, who begins his third stint in charge of the national team, confirmed Van Dijk would again captain the side. “Van Gaal brings something extra with him,” said Van Dijk.

August 31, 2021 13:30 UTC

Meteorologists predict hot and humid weather on Wednesday during the day over Greater Cairo and the Delta, with very hot weather on South Sinai and Upper Egypt, and moderately hot along the north coast. The weather will be moderate and humid at night over most parts of the country. Maximum temperatures:Alexandria: 31CCairo: 35CHurghada and Sharm el-Sheikh: 39CQena: 41CLuxor and Aswan: 43CActive winds are expected on Greater Cairo, Upper Egypt, northwestern coasts, South Sinai, and Upper Egypt, 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 1.5 and two meters in height with northwestern surface winds, while waves in the Red Sea will be rough, ranging between three and four meters in height with northwestern surface winds.

August 31, 2021 13:07 UTC

Cairo Metro Authority issued warnings on Monday for commuters to take precautionary measures against COVID-19, as Egypt enters a fourth wave. The company warned its passengers that those who fail to wear a face mask while accessing the metro will be subject to an immediate fine of LE50. The total number of passengers on the metro’s three lines each day ranges from 2.6 to three million. On Monday, Egypt reported 263 new coronavirus cases, six deaths, and 331 recoveries. A total of 288,162 cases have been disclosed in Egypt, alongside 16,727 deaths and 238,580 recoveries.

August 31, 2021 13:07 UTC

Meteorologists predict hot and humid weather on Thursday during the day over Greater Cairo and the Delta, with very hot weather in South Sinai and Upper Egypt, and cooler temperatures along the North Coast. The weather will cool but remain humid overnight in most parts of the country. High temperatures:Alexandria: 32CCairo: 35CSharm el-Sheikh: 38CHurghada: 39CQena: 41CLuxor and Aswan: 43CActive winds are expected in Greater Cairo, northern Upper Egypt, the northwest coast, and South Sinai, and light fog will be present in the mornings near Cairo, the Delta, and the North Coast. Waves in the Mediterranean Sea will be moderate to rough, ranging between 1.5 and 2.5 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.

August 31, 2021 13:07 UTC





DUBAI, United Arab Emirates (AP) — Iranian prosecutors opened criminal cases against six guards at the country’s notorious Evin prison, the judiciary reported on Tuesday, after footage showing the widespread abuse of detainees at the facility leaked out last week. The judiciary’s three-day investigation into mistreatment and grim conditions at Tehran’s Evin prison had landed “some” prison guards in detention, said judiciary spokesman Zabihollah Khodaeian. Authorities also summoned two guards and punished others, Khodaeian said, without elaborating on the penalties or identifying the suspects. Prisoners — and even guards — beat each other in scenes captured by surveillance cameras. ___IMAGE: In this undated frame grab taken from video shared with The Associated Press by a self-identified hacker group called “The Justice of Ali,” a guard beats a prisoner, at Evin prison in Tehran, Iran.

August 31, 2021 12:33 UTC

The Director General of the General Department for Planning and Follow-up of Illegal Immigration at the Ministry of Immigration and Egyptians Abroad Affairs Wael Farraj warned that only three percent of people that illegally immigrate through the sea survive the trip. Farraj warned that illegal immigration brokers deceive young people, and fail to show them the dark side of the journey. Egypt has been working with the EU on battling illegal immigration. In 2017, President Abdel Fattah Al-Sisi met with EU Commissioner for Migration, Home Affairs, and Citizenship Dimitris Avramopoulos to work on ways to enhance cooperation between them in battling illegal immigration. The International Organization for Migration (IOM) said in 2020 that the rate of illegal immigration from Egypt to Europe has decreased to almost zero, thanks to effective measures taken by the Egyptian government.

August 31, 2021 12:22 UTC

CAIRO, Aug 30 (MENA) – Egypt has condemned the terrorist attack by Houthi militia on Al-Anad air base in Lahj province in southern Yemen. In a statement issued on Monday, the Foreign Ministry decried the cowardly terror act, which left some Yemeni soldiers and officers dead and injured. It extended heartfelt condolences to the victims' families and wished the wounded a speedy recovery, reiterating full solidarity with the Republic of Yemen in its war on terror. Egypt also reaffirmed its full support of any actions taken by the Arab nation to ensure its security and stability. At least 30 soldiers were killed and more than 65 others injured on Sunday after a ballistic missile followed by two explosives-laden drones struck a barracks housing about 50 troops at Al-Anad air base in Lahj province, 70 km north of Aden.

August 31, 2021 11:26 UTC

Egyptian Foreign Minister Sameh Shoukry said on Monday that Egypt and Algeria have pledged to continue coordinating to restore stability, security, and safety to war-torn Libya. Shoukry’s statements came during talks with his Algerian counterpart Ramtane Lamamra, which took place on the sidelines of a ministerial meeting for countries neighboring Libya. The meetings, which are being held on Monday and Tuesday in Algeria, seek to assist Libya in continuing on the path of political reconciliation and eventual elections, which will take place on December 24. The foreign ministers of Libya, Egypt, Algeria, Sudan, Niger, Chad and Congo all attended the meetings, along with the Secretary-General of the Arab League Ahmed Aboul-Gheit, the African Union Commissioner for Political, Peace and Security, Bankole Adeoye, and the Special Envoy of the Secretary-General of the United Nations to Libya, Jan Kubis. Aboul-Gheit stressed that the exit of foreign mercenaries forces from Libyan lands is essential for success in maintaining Libya’s independence and preserving its territorial integrity.

August 31, 2021 11:15 UTC

CAIRO - 31 August 2020: The Health Ministry said late on Monday that 263 new coronavirus cases were detected, upping the total number of confirmed infections in Egypt since the outbreak of Covid-19 to 288,162. In a statement, spokesman for the Health Ministry Dr Khaled Megahed said six patients died from the virus over the past 24 hours, raising the death toll to 16,727. Egypt to announce a children-intended treatment protocol ageist COVID-19 next week according to Dr. Hossam Hosny, the head for the scientific committee to combat Corona at the Ministry of Health and Population. During a press conference, it was stated that the established treatment protocol has been updated with new effective drugs being added and other removed, based on new studies. The Egyptian Drug Authority (EDA) has permitted VACSERA-Sinovac vaccine the emergency use license as the first locally-manufactured vaccine against Coronavirus.

August 31, 2021 11:03 UTC

Egypt has exceptionally opened the crossing since May 16 to enable people stranded on both sides to cross and to deliver aid to Gaza residents. The crossing has been opened according to directives of President Abdel Fattah El Sisi since May 16, 2021. It is also part of the Egyptian commitment announced by Sisi to quickly improve the living conditions of the Gaza dwellers. And, on May 10-20, Israel shelled and carried out airstrikes against Gaza Strip. The violence and aggression across Palestinian territories incurred 243 deaths, including 66 children, and 6,039 injuries, as reported by the Palestinian News and Information Agency (WAFA).

August 31, 2021 11:03 UTC

TOKYO (AP) — Global shares were mostly higher Tuesday, despite continuing concerns about rising COVID-19 cases in Asia and parts of the US and Europe. France’s CAC 40 edged up nearly 0.1 percent in early trading to 6,693.02, while Germany’s DAX was up 0.5 percent at 15,970.67. US shares were set to drift higher with Dow futures up 0.2 percent at 35,417.00. New coronavirus cases recently reached record highs in Japan, where a state of emergency has been extended through Sept. 12. A survey released Tuesday showed China’s factory activity grew at a slower pace in August as export demand weakened.

August 31, 2021 11:03 UTC

CAIRO - 31 August 2021: U.S. Ambassador Jonathan R. Cohen visited Habu city in Luxor on Monday. Since 1995, the U.S. government through USAID has supported Chicago House’s restoration work at Habu city, including a current $6 million investment in the development of Habu as an open-air museum and tourist site. Ambassador Cohen noted, “The U.S. government partners with Americans and Egyptians to preserve Egypt’s cultural heritage, which contributes to Egypt’s economy through tourism and job creation, and has funded the protection of some of Egypt’s most valuable cultural assets.”

August 31, 2021 10:17 UTC

Egypt’s Ministry of Health and Population on Monday reported 263 new coronavirus cases, six deaths, and 331 recoveries. A total of 288,162 cases have been reported in Egypt, alongside 16,727 deaths and 238,580 recoveries. The Advisor to the Health and Population Minister for Research and Health Development Noha Asem said on Monday that the increased infections are a result of citizens’ failure to adhere to precautionary measures. During a phone-in with the privately-owned al-Nahar satellite channel, Asem said that the scientific committee to combat coronavirus met on Monday to amend Egypt’s treatment protocol for COVID-19. The Health Ministry is currently working to issue QR-coded vaccination certificates for Egyptians and foreigners that receive their doses in the country.

August 31, 2021 09:56 UTC

The earlier attack, blamed on Yemen’s Iran-backed Shiite Houthi rebels, scattered shrapnel across the tarmac but caused no casualties. Since 2015, Yemen’s Houthi rebels battling the Saudi-led military coalition have targeted international airports, along with military installations and critical oil infrastructure, within Saudi Arabia. The Yemen war has settled into a bloody stalemate even as international diplomatic efforts to halt the fighting intensify. Yemen’s war started in 2014, when the rebels seized the capital, Sanaa, and much of the country’s north. The Saudi-led military coalition intervened months later to dislodge the Houthis and restore the internationally recognized government.

August 31, 2021 09:22 UTC