Tunisia's Al Nahda Movement, formerly known as the Islamic Direction Movement, won the majority of seats in the parliamentary elections of 2011 and 2018, and came second in that of 2014. As a result, late Tunisian President Beji Caid Essebsi from Nidaa Tunes – a secular party - was elected for office in 2014 succeeded by the incumbent president, who is independent, in 2019. It is noteworthy to mention that the Islamist movement became officially a political party after the 2011 revolution that toppled former Tunisian President Zein El Abdin Bin Ali. The Tunisian former parliamentarian and Egyptian Expert in Arab Affairs Hamed Fares attributed this to a decade of failure by the governments formed by Al Nahda movement since the Arab Spring in 2011. A number of Tunisian parties have also expressed support to the decision of President Said, including Afaq Tunis Party, and Al Takatol Al Tunisi Party.

July 27, 2021 11:26 UTC

The Egyptian Health and Population Ministry on Monday the lowest infection rates since the coronavirus first brought out, with 35 new coronavirus cases now bringing the country’s total up to 284,059. The total tally of COVID-19-related deaths is currently 16,494 nationwide, after the ministry announced seven more. Madbouly announced at the beginning of June that 2.5 million citizens have received a vaccine against COVID-19, out of Egypt’s population of 104 million. The Egyptian Authority for Unified Procurement, Supply, Medical Supply and Medical Technology Administration (UPA) announced in mid-June that it has secured over 46 million COVID-19 doses during the fiscal year 2020/2021. Egypt’s Prime Minister added that Egypt has also produced one million doses of coronavirus vaccines thus far.

July 27, 2021 08:48 UTC

CAIRO - 26 July 2021: The Egyptian Stock Exchange (EGX) announced the details and controls of the compulsory purchase offer submitted by the Arab Banking Corporation, to purchase up to 300 million shares, which represents up to 100 percent of the issued capital of BLOM Bank Egypt. The stock exchange indicated in a statement, Monday that the purchase offer price is LE 22.33 per share, and the execution and settlement currency is equivalent to $1.42 per share. It said that the validity period of the offer is 10 working days, starting from the day following the date of publishing the announcement of the purchase offer until the end of the trading session on August 5, noting that the implementation will take place on the Egyptian Stock Exchange within 5 working days after the expiry of the offer period. On July 18, The Financial Regulatory Authority (FRA) agreed to publish the announcement of the compulsory purchase offer submitted by the Arab Banking Corporation (ABC) to 300 million shares, representing up to 100% of the capital of BLOM Bank Egypt, in accordance with the provisions of Chapter Twelve of the Executive Regulations of Law 95 of 1992. The amount offered by ABC for the acquisition is estimated at LE 6.7 billion ($427 million).

July 26, 2021 17:23 UTC

From Sachi, Kazoku, and Lexie’s, to Shinko and soon-to-launch Reif Kushiyaki, the fine dining guru grew Baky Hospitality to fame and excellence, one concept and brand at a time. And did you expect Baky Hospitality to grow that big? Overall, I believe it is important to set a vision when creating a business, however, I had no expectations to grow Baky Hospitality to this scale. Baky Hospitality, having earned Luxury Lifestyle Award, has succeeded in putting Egypt on the international hospitality map. I am lucky to have such a loyal and hard-working team who shares the same passion and believes in the mission of Baky Hospitality, which is to be amongst the region’s top luxury hospitality providers.

July 26, 2021 15:43 UTC

The Center for Entrepreneurship and Innovation (CEI) at the School of Business Administration at the American University in Cairo (AUC) has signed an agreement with the International Finance Corporation (IFC) to support entrepreneurship. The IFC will support center in the next 18 months to adopt and customize the MIT VMS Program and adapt it to the local context in the Egyptian market. Through this agreement, the CEI obtains the MIT VMS license to become a certified member. It will then create a network of qualified mentors to guide aspiring entrepreneurs with existing projects in Egypt, throughout the startup lifecycle. The Center’s Entrepreneurial Leadership Team will be responsible for strengthening and managing the mentoring network and choosing mentors to implement and formally operate a sustainable mentoring program at the AUC School of Business based on the MIT Entrepreneurship Mentoring Program.

July 26, 2021 14:03 UTC





The Egyptian Meteorological Authority (EMA) announced that yet another heatwave will cover most parts of Egypt starting Tuesday. Very hot and humid weather is predicted in Cairo, the Delta, South Sinai, Upper Egypt, and the north coast. Fog is predicted in the early morning until approximately 6 am on agricultural roads and highways close to bodies of water in Cairo, the Delta, and the north coast. The EMA warned that direct exposure to sunlight will increase the feeling of high temperatures. High temperatures for the following cities on Tuesday are:Cairo: 38CAlexandria: 32CMatrouh: 30CQena: 42CAswan: 43CSharm el-Sheikh: 39C

July 26, 2021 13:12 UTC

Forbes magazine published a classification of the strongest Arab economies in 2021, with Saudi Arabia in first place and Egypt third. Egypt had fallen one place to reach third in the Arab world this year with its GDP expected to reach $394.3 billion, compared to $361.8 billion in 2020. “Saudi Arabia is the largest Arab economy in 2021, with a GDP at current prices totaling $804.9 billion,” the Forbes magazine’s official Twitter account wrote. The UAE came in second place, with its 2021 GDP recording $401.5 billion, followed by Egypt, with its GDP expected to reach $394.3 billion. According to the report, the UAE advanced one place in 2021 from its classification in 2020, and the UAE advanced over Egypt as well in this year’s classification.

July 26, 2021 11:48 UTC

The Ministry of Irrigation and Water Resources announced that a strategy based on four points has been developed to resolve all water-related problems facing Egypt up until 2050. These are as follows:

July 26, 2021 11:15 UTC

REUTERS: John Terry has left his role as Aston Villa assistant head coach in the hope of becoming a manager elsewhere, the Premier League side announced on Monday as the former England international ended his four-year association with the club. Terry joined Villa as a player on a one-year deal in 2017, captaining the team to a fourth-place finish in the second-tier Championship but missed out on promotion to the Premier League. Terry, who previously spent 19 seasons with Chelsea, ended his playing career in October 2018 and was named assistant to Villa manager Dean Smith later that month, helping the team achieve promotion the same season. "I have no doubts he will go on to be a first-class manager in his own right," he said. Villa, who finished 11th in the Premier League last season, travel to newly promoted Watford for the first game of their new campaign on Aug. 14.

July 26, 2021 10:41 UTC

CAIRO - 26 July 2020: Health Minister Hala Zayed said Sunday that 281 people have donated their blood plasma at plasma collection centers since July 14. Donors are being received in six plasma donation centers in five governorates, spokesman for the Health Ministry Khaled Megahed said, adding that 20 other centers are to open later this year. Egypt has launched the national plasma donation project as part of a presidential initiative for the production and self-sufficiency of plasma derivatives. The project will help achieve self-sufficiency of plasma derivatives, thus providing medicines for many chronic diseases, liver and kidney illnesses, and burns. Supervisor of the national plasma donation project Nevine el Nahas urged those above 18 years to actively take part in the project and periodically donate their plasma every two weeks in line with instructions of the World Health Organization.

July 26, 2021 09:45 UTC

CAIRO - 26 July 2020: The Health Ministry said Sunday night that 39 new coronavirus cases were detected, upping the total number of confirmed cases since the outbreak in the country began to 284,024. In a statement, Spokesman for the Health Ministry Khaled Megahed said six patients have died from the virus over the past 24 hours, raising the death toll to 16,487. As many as 422 patients were discharged from isolation hospitals after receiving necessary medical care, taking the number of recovered cases to 227,612 so far, the spokesman said. Egypt successfully is past a third wave of the pandemic, reporting daily coronavirus counts that are less than 100 for the first time since October last year. Egypt has produced a million Sinovac vaccine doses locally and has imported millions of jabs to vaccinate 40 percent of its 100 million population by the end of the year, a step that the World Health Organization has hailed.

July 26, 2021 09:44 UTC

The Information Technology Industry Development Agency (ITIDA) has announced today disbursing of its Export-IT’s 2019 cash rebate on ICT exports of the local ICT companies. Cairo, Egypt – July 26, 2021 - The Information Technology Industry Development Agency (ITIDA) has announced today disbursing of its Export-IT’s 2019 cash rebate on ICT exports of the local ICT companies. According to ITIDA, 33 companies have applied for the program the first time, while 22 startup companies have joined this year. ITIDA has excluded the Egyptian IT startup companies that were founded in 2016 or later from the “headquarter in Egypt” condition. Throughout the eleven previous rounds of Export-IT, ITIDA has extended support to more than 230 Egyptian companies, with a total value amounting to EGP480 m.

July 26, 2021 09:22 UTC

CAIRO - 26 July 2020: Prime Minister Mostafa Madbouli said Sunday that President Abdel Fattah El Sisi has directed to finalize the project of Old Cairo's Fustat parks as soon as possible. The project is planned to mirror Egypt’s long history and restore Cairo's status as an international and regional tourist destination and hub, the prime minister said. Madbouli was briefed by el Gazzar on the project of developing the yards of Amr ibn Al-Aas Mosque, planned to be the main entrance for the Fustat parks and other tourist religious sites, such as the Religions Complex. The project, which comes as part of an initiative to develop the districts of Islamic Cairo, plans to turn 590 feddans in the heart of the capital to a central public park that overlooks many historic and archaeological sites and monuments, the statement read. This view on the historic landmarks makes the park a regional and international tourist destination, the statement read, noting that a number of amusement activities and traditional industries will be available in the parks.

July 26, 2021 09:22 UTC

On Sunday evening, the Egyptian Ministry of Health announced that it recorded 39 new coronavirus cases, up from 38 on Saturday. The ministry also recorded six deaths and 122 recovered cases. A total of 284,024 cases have been reported in Egypt, alongside 16,487 deaths and 227,612 recovered cases. The Egyptian Authority for Unified Procurement, Supply, Medical Supply and Medical Technology Administration (UPA) announced in mid-June that it has secured over 46 million COVID-19 doses during the fiscal year 2020/2021. Egypt’s Prime Minister added that Egypt has also produced one million doses of coronavirus vaccines thus far.

July 26, 2021 09:00 UTC

MADRID: Former Atletico Madrid striker Fernando Torres has been appointed as the club's youth team coach. Torres worked in the academy set-up of his boyhood club last season as an assistant, and will make the step up to head coach for the 2021-22 campaign. It's an exciting challenge I've got in front of me and we'll give everything we can to continue to serve our club," Torres wrote on Twitter on Monday. The 37-year-old, who scored 121 goals in two spells for Atletico and also played for Liverpool and Chelsea, is joined by club captain Koke Resurrecion's brother, Borja, who will take charge of the Under-15s. Fabio Futre, son of former Portugal international and Atletico forward Paulo, has been named as the club's Under-11 coach.

July 26, 2021 08:15 UTC