The Egyptian House of Representatives Planning and Budget Committee approved a bill to amend some provisions of Presidential Decree Law No. 77 of 1968 regarding radio and wireless equipment charges. Traffic departments are to collect the fee and to send it to the Ministry of Finance no later than a week after collection. Hussein Zain, head of the National Media Authority, called for an increase in the percentage allocated to the authority, to 50 or 60 percent instead of 40 percent. MP Silvia Nabil rejected the law, objecting to the imposition of fees at the present time on citizens.
July 03, 2020 15:24 UTC
Cairo International Airport on Thursday operated 113 international and domestic passenger flights carrying a total of 12,114 passengers. Five museums and eight archaeological sites across Egypt were also reopened this week. Sources at Cairo Airport said that the flights were operated by several Arab and Egyptian carriers, as well as by Egyptian private companies. Hurghada International Airport received a second flight coming from Switzerland carrying about 151 tourists. Fouda pointed out that Sharm el-Sheikh is among the areas in Egypt with the fewest number of virus infections.
July 03, 2020 13:18 UTC
President of EgyptAir Holding Company Roshdy Zakaria announced that Egypt has received a fifth Airbus plane from Airbus’ factory in Toulouse, France. Egypt will receive a sixth plane next week, one of a total of eight new Airbus aircraft of the same model that the airline is scheduled to receive. The new plane was received by pilot Hassan Mounir, assistant president of EgyptAir Airlines. In addition, it produces 50 percent less noise compared to the previous generation of Airbus planes. It has a spacious cabin with a capacity of 142 seats, including 16 seats in Business Class and 126 seats in Economy Class.
July 03, 2020 12:00 UTC
Z. are the initials of an Egyptian student who has been accused of sexual harassment and rape by dozens of young women. The accusations went viral on social media on Thursday, along with the testimonies of the alleged victims, sparking widespread outrage among social media users. Shocking testimonies also accused him of raping two young women, one of whom was only 14 years old at the time. Another testimony published on the Instagram page created by activists to receive the testimonies of A. Z.’s victims read: “He harassed me, my sister, and my friends. The Instagram page also urged victims to report their testimonies, stressing that their identities will remain anonymous.
July 03, 2020 11:48 UTC
• The establishment must abide by the instructions designated by the Ministry of Health and Population for central AC use. • Toilets must be sanitized after being used by each client,using the detergents indicated by the Ministry of Health and Population. • The establishment must follow the instructions of the Ministry of Health and Population when disposing of trash. • Protective equipment and sanitizers supplied by companies and accredited by the Ministry of Health and Population must be made available for workers. • The number of visitors in larger museums and smaller ones must not exceed 200 and 100 per hour, respectively.
July 03, 2020 09:56 UTC
She said that Egypt is one of a group of countries where individuals have access to only 1,000 cbm annually. Abdel Latif said that studies conducted by foreign experts show Egypt’s water flow data over the last 115 years, and how a reduction would impact food production. The current situation between Egypt and Ethiopia is a result of a troubled history between the two countries due to recent tensions on GERD. Saad also pointed out that the Declaration of Principles agreement signed by Egypt, Ethiopia, and Sudan in 2015 did not include a legal mechanism for settling disputes. He explained that the 1902 agreement states that Ethiopia may not establish projects on the River Nile without Egypt’s approval.
The Commercial International Bank – Egypt (CIB) has announced it has signed an agreement to obtain a $100m support loan from CDC Group, the UK’s impact investor and development finance institution. The support loan will be included in the tier 2 capital base, and the loan term will cover a ten-year period. In a statement on its website, CIB said the move is in line with executive management plans to strengthen the bank’s capital base. CIB signed a Memorandum of Understanding (MoU)with the CDC Group at the African Investment Summit in London last January. “This pioneering deal with CIB will enable the bank to support more customers at this critical time,” said Nick O’Donohoe, CEO at CDC Group.
The Ministry of Communication and Information and Technology and the Egyptian Space Agency have signed a cooperation protocol to equip a computer centre and integrated information system for the Egyptian Space Agency. The protocol’s signing was witnessed, via videoconferencing, by Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar and Minister of Communication and Information Technology Amr Talaat. There will be cooperation agreements for training between the agency and institutions affiliated to the Ministry of Communications and Information Technology. Abdel Ghaffar said the Egyptian Space Agency’s establishment in 2019 was the culmination of significant efforts and the fruition of a dream that has been in place for 40 years. The minister noted that the cooperation protocol aims to support the Egyptian Space Agency’s information systems infrastructure.
Leading technology firms, Hitachi and ABB, have announced the launch of Hitachi ABB Power Grids, with an annual turnover of $10bn. Hitachi ABB Power Grids will look to develop energy networks to meet the growing demand for, and include a greater volume of, renewable energy within the electricity system. Hitachi ABB Power Grids will expand Hitachi’s energy solutions business globally as a core part of the company’s Social Innovation Business. Hitachi ABB Power Grids looks to operate with about 36,000 employees in over 90 countries. It will also look to reduce carbon emissions from energy systems, to provide a sustainable energy future, alongside smart solutions for the most dynamic network.
July 02, 2020 19:30 UTC
Qalaa Holdings recorded revenues of EGP 10.4bn in the first quarter (Q1) of 2020, marking a 191% increase year-on-year (y-o-y), it announced in its consolidated financial results for the quarter. The report added that Qalaa Holding’s top line performance in Q1 of 2020 was primarily driven by the Egyptian Refining Company (ERC) recording EGP 6.8bn on its first full income statement. The ERC’s EBITDA contribution pushed Qalaa Holding’s consolidated EBITDA in Q1 of 2020 to EGP 773.2m, registering a strong y-o-y increase of 105%. Consolidated EBITDA growth also came on the back of strong performances at all of TAQA Arabia’s divisions as well as operational improvements at Nile Logistics and National Printing. Excluding the ERC, Qalaa Holding’s EBITDA would have declined 12% y-o-y to EGP 331.0m in Q1of 2020, on the back of ASEC Holding subsidiaries that were impacted by Egypt’s underperforming cement market.
July 02, 2020 19:30 UTC
Minister of Public Enterprise Sector Hisham Tawfik and Minister of Transportation Kamel Elwazir have met to discuss the latest developments in the establishment of a multimodal transport company in Egypt. During the discussions, the ministers reviewed the introduction of a common rail transportation system which will take place as a partnership between the two ministries, and which will use both road and rail transport methods. The step would also double the volume of transportation that could be provided by the joint company, which will be established by the two ministries. It is anticipated that the revised methods of transporting goods in Egypt will positively impact on the national economy. The German company is currently studying the conversion of the Egyptian Railways Authority’s current freight transport sector into a commercial independent company.
July 02, 2020 18:00 UTC
The National Council for Women (NCW) presided by Maya Morsi, called on all the concerned entities to investigate in harassment and rape allegations currently discussed on social media. Also, the social media went viral with a specific hashtag in which female students at the American University in Cairo accused their colleague in the AUC of harassing more than 50 girls and raping a 14-year-old girl. The girls accused this student of harassing and blackmailing them if they did not fulfil his sexual demands. Commenting on these harassment and rape allegations, the NCW stated in a press statement on Thursday that it is monitoring closely and with great interest, the issue currently discussed on social media. The Council also calls for all girls to file official reports against the young man so that he gets the punishment he deserves as per the law and becomes an example for whoever touches or harasses girls.
July 02, 2020 17:37 UTC
The Egyptian Center for Economic Studies (ECES) held discussions, on Wednesday, on the technical, economic, legal and political steps that Egypt must follow in Grand Ethiopian Renaissance Dam (GERD) negotiations. Ambassador Ezzat Saad, Director of the Egyptian Council for Foreign Affairs, said that Ethiopia’s strategy is to fully control River Nile waters. GERD negotiations have since stalled, due to Ethiopian intransigence. Without signing a binding declaration, Egypt submitted a letter to the UN Security Council outlining developments in GERD negotiations that have lasted 10 years. He said that the 1902 agreement states that Ethiopia may not establish projects on the River Nile without Egypt’s approval.
July 02, 2020 17:15 UTC
Minister of Culture Inas Abdel Dayem announced, on Thursday, that her ministry will re-open 16 public libraries in 10 governorates across Egypt from 5 July. As the country’s cultural activities gradually resume following closures to curb the spread of the novel coronavirus (COVID-19), the Ministry of Culture will re-open 12 libraries affiliated to the General Egyptian Book Organization. This comes in addition to the re-opening of Cairo’s 26th of July Library, and other libraries in Giza, Minya, Assiut, Aswan, and Ismailia. Meanwhile, Abdel Dayem also said that the General Egyptian Book Organization will operate in two shifts to prevent overcrowding and congestion. Abdel Dayem asserted that the Ministry of Culture will form committees to monitor the implementation of these procedures.
July 02, 2020 17:03 UTC
Egypt’s National Research Center (NRC) is in the pre-clinical development phase of four vaccines against the novel coronavirus (COVID-19), according to Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar. The minister indicated that the NRC’s research team developing the vaccines have completed pre-clinical trials for a second type of vaccine, and are currently working to obtain approval for clinical trials. The second vaccine is an inhibited vaccine for the coronavirus which has been grown on tissue culture. The third vaccine contains DNA loaded with parts from the coronavirus’ own DNA, representing surface proteins from the virus. The fourth vaccine contains surface proteins from the virus which stimulate an immune system response to produce antibodies in four forms.
July 02, 2020 17:03 UTC