Norwegian renewable energy company Scatec is studying five new projects in Egypt, including a massive battery storage facility, a 1 GW solar power plant, green hydrogen and ammonia plants, and a project to convert one of Egypt’s largest aluminium factories to renewable energy. The meeting was attended by Minister of Electricity and Renewable Energy Mohamed Shaker, Norwegian Ambassador to Egypt Hilde Klemetsdal, and Mohamed Amer, Scatec’s Executive Vice President for Green Hydrogen and MENA. The two-phase solar power plant would receive financing from international institutions. The green ammonia plant would produce 150,000 tons annually for fertilizer factories, while the Suez Canal Economic Zone-based green hydrogen plant would target exports to Europe. Scatec’s projects would support these goals while creating jobs and boosting the economy.

CAIRO - 02 May 2024: The Egyptian Prime Minister, Mostafa Madbouly, met with representatives from the 15 most prominent South Korean companies operating in various sectors within the Egyptian market to expand South Korean investments in Egypt. During the meeting, Madbouly expressed his appreciation for the vital role played by South Korean companies in the Egyptian market. The Prime Minister emphasized the Egyptian government's commitment to expanding South Korean investments across various sectors and encouraged the companies to present their plans for future collaboration. The Acting South Korean Ambassador to Egypt was grateful to Prime Minister Madbouly for his continuous support of South Korean companies in Egypt. The Ambassador emphasized the desire of these companies to achieve success stories in the Egyptian market, which would encourage more Korean companies to invest in Egypt.

CAIRO – 2 May 2024: South Korea's Hansan Global expressed interest in importing orange from Egypt in a meeting with Prime Minister Mostafa Madbouli Wednesday and that included the representatives of 15 major Korean companies. It is noted that in the first quarter of 2024, Egypt exported 1,199,916 tons of citrus. In 2023, the size of Egypt's orange exports to the European Union (EU) recorded over 500,000 tons. Further, between October 2022 and February 2023, Egypt was the largest orange exporter to Southeast Asian countries (Malaysia, Thailand, Singapore, Indonesia, and Cambodia) during that period.

CAIRO - 1 May 2024: Dr. Sherif Farouk, Chairman of the Egyptian Post Board of Directors, said: “Egyptian-Brazilian relations are characterized by mutual trust, and close and constructive cooperative relations." During the past years, Egypt and Brazil were able to develop means of cooperation to include many fields, so Egyptian Post took the initiative to issue a commemorative postage stamp on the occasion of the 100th anniversary of Egyptian-Brazilian relations, with the aim of strengthening the strong diplomatic relations between the two countries. Therefore, the Egyptian Post is always keen to issue commemorative stamps on important events and occasions to document and commemorate those events. The commemorative stamp for the 100th anniversary of Egyptian-Brazilian relations was designed with an artistic image that contains some of the famous tourist attractions in both countries. The size of the stamp is (4 cm by 6 cm), insured against counterfeiting, multi-colored, and its value is 10 pounds.

Varanasi, India CNN —The sun glistens on the Ganges as Hindu devotees bathe in the holy river’s waters, and the Muslim call to prayer reverberates through the dusty air. The Gyanvapi mosque, left, and Kashiviswanath Temple on the banks of the river Ganges in Varanasi, India, December 12, 2021. He believes Gyanvapi is not a mosque, but a Hindu temple, and wants to see his community worship inside the walls of the building. Vishwambhar Nath Mishra, the priest of a prominent Hindu temple in Varanasi, believes Modi’s stoking of religious tensions is ruining the fabric of Indian society. Narendra Modi: India’s popular but controversial leader seeking a transformative third term.

Egypt is nearing a deal with Korea Aerospace Industries (KAI) to buy FA-50 “Golden Eagle” light combat and advanced training aircraft, South Korea’s Yonhap news agency reports. The potential contract includes technology transfer so Egypt can manufacture the Korean aircraft at the Helwan factory, which is part of the Arab Organization for Industrialization (AOI). The Arab Organization for Industrialization says the partnership aims to fulfil the Egyptian military’s needs and also allows for export to African and Arab countries. KAI’s chairman confirmed the Egypt negotiations last year, saying Egypt is likely to choose the company’s bid for its tender. KAI hopes to help Egypt become a regional centre for manufacturing, exporting, and servicing “Golden Eagle” aircraft in Africa and the Middle East.

CAIRO - 1 May 2024: Sheikh Issa Al-Kharawin, Head of Sinai Tribal Sheikhs and Member of the Arab Tribal Union, said that Sinai holds a special historical and religious position. Sisi City was inaugurated, Wednesday, by the Arab Tribal Union during its first conference. Tribal sheikhs in Sinai, politicians, media, athletes, and community symbols participated in the first Arab Tribal Union Conference and the inauguration of Sisi City. The conference of the Arab Tribal Union was attended by a group of prominent figures from various fields, including politicians, media, athletes, and community symbols, in addition to a number of Arab tribal sheikhs. The inauguration of Sisi City in Sinai comes within the framework of the Arab Tribal Union's efforts to contribute to the renaissance of Sinai and achieve comprehensive development in all parts of the governorate.

CAIRO – 14 March 2024: President Abdel Fatah al-Sisi received Thursday Spanish Foreign Minister Jose Manuel Albares. The focus of the meeting was regional developments, particularly Gaza War. The Egyptian president and the Spanish foreign minister equally underscored the importance of funding the UNRWA, and that the international community takes steps to make the Palestinian state a full member at the United Nations paving the way for the two-state solution. Minister Albares valued the role played by Egypt to consolidate regional stability, and efforts exerted to deliver humanitarian aid to Gaza in spite of obstacles. In turn, President Sisi commended the strength of Egyptian-Spanish relations, expressing keenness on reinforcing trade exchange, joint investments, and developmental cooperation.

Al Ansari Exchange, a leading provider of transfer and foreign currency exchange services in the UAE and part of the Al-Ansari Financial Services Group, has reported a significant increase in money transfers to Egypt following the liberalisation of the Egyptian pound. The company observed a marked rise in the volume of financial transfers to Egypt after the Central Bank of Egypt’s (CBE) announcement to float the pound and allow its exchange rate to be determined by market dynamics. This move has been particularly advantageous for Egyptians living in the UAE. Ali Al-Najjar, Chief Operating Officer of Al-Ansari Exchange, remarked that the Egyptian government’s recent policy to liberalize the pound’s exchange rate has had a markedly positive effect on the flow of financial transfers into Egypt. Egypt ranks as the fifth most popular destination for remittances from the UAE, trailing behind India, the Philippines, Pakistan, and Bangladesh in terms of the volume of transfers sent to individuals.

As the holy month of Ramadan begins, it brings with it a wave of nostalgia, stirring memories of childhood and youth. The essence of Ramadan nights lingers in our minds, including those of artists who share their unique experiences of this sacred time. I dedicate this month to reconnecting with family, friends, and my husband, director Khaled Selim. The arrival of Ramadan brings back fond memories of my childhood in the Bab al-Louq and Sayyida Zeinab neighborhoods. This tradition, along with preparing Ramadan decorations, like using old papers for handmade crafts and later electric lamps, brought the community together.

Ahmed Kouchouk, Deputy Minister of Finance for Fiscal Policies, emphasized the state’s reliance on the private sector to rejuvenate economic growth. This year marks the beginning of 40 economic entities, and within 5 years, it will encompass all state public entities, aiding in the enhancement of financial and economic performance metrics. He elaborated that among the 156 entities under the Comprehensive Health Insurance system, 47 are private sector entities, serving 4.4 million citizens, with current satisfaction rates surpassing 85%. This progressive system allows beneficiaries to select their service provider from either the private or public sector. These measures afford the private sector an enhanced role in amplifying its contributions to economic and developmental endeavors.

The study aimed to quantify female representation within these leading firms. This figure stands in contrast to the 263 men holding board positions, resulting in a female representation rate of 16.7%. The survey highlighted that the Eastern Company and Misr Fertilizers Production Company (MOPCO) lack any female board members. Additionally, six companies feature a single female board member: Abu Qir Fertilizers, Ezz Steel, Palm Hills Developments, Eipico, Telecom Egypt, and Sidi Kerir Petrochemicals. However, only Edita Food Industries and the New Urban Communities Authority exceed this benchmark, each with three female board members.

The “two sessions” offer the world an important window to observe China’s democracy. “Whole-process people’s democracy is the defining feature of socialist democracy,” said Chinese President Xi Jinping. “It is democracy in its broadest, most genuine, and most effective form.”The thoughts and aspirations of over 1.4 billion people have been incorporated into the top-level design of national development through China’s unique and distinctive whole-process people’s democracy. At no point has the “democracy for the few,” as seen in some countries — “democracy of the 1 percent, by the 1 percent, for the 1 percent” — been seen in China. The report to the 20th CPC National Congress emphasized that developing a whole-process people’s democracy is one of the essential requirements of Chinese modernization.

Collective burial of dead bodies of Palestinians killed due to continous Israel bombardement of the Gaza strip - fileCAIRO - 12 March 2024: The Palestinian Ministry of Health announced that the number of victims of the Israeli aggression on the Gaza Strip had risen to 31,184 martyrs and 72,889 injured since October 7, according to Al-Qahera News TV Channel. The Palestinian Ministry of Health added that the Israeli occupation committed 8 massacres against families in the Gaza Strip, killing 72 martyrs and 129 injured during the past 24 hours. Belgium called for an immediate and sustainable ceasefire in Gaza and stressed that the Strip is suffering a humanitarian catastrophe, stressing that the Gaza Strip faces the threat of famine and malnutrition.

CAIRO – 12 March 2024: President Abdel Fatah al-Sisi instructed the government to prioritize the sectors of education and healthcare in the 2024/2025 budget as well as identify the best investment opportunities in order to boost revenues. That was during a meeting held Tuesday with Prime Minister Mostafa Madbouli and Minister of Planning and Economic Development Hala al-Said, and that took place one day after a meeting with the minister of public enterprise to follow up on new projects implemented by state-owned companies. Those are in the sectors of pharmaceuticals, tourism, spinning and weaving, constructions, chemical industries and electric cars.