Louvre museum in Paris presents a five-part augmented reality (AR) experience called “Egypt Augmented”
Louvre museum in Paris presents a five-part augmented reality (AR) experience called “Egypt Augmented.”It comprises four location-specific experiences based around three exhibits inside the museum’s Department of Egyptian Antiquities, and one in the exterior courtyard, the Cour Carrée. Additionally, Snapchat users around the globe can also use a free Face Lens feature inspired by the exhibition. Upon scanning a QR code with their smartphone, visitors to the museum can see exhibits come to life in AR before their eyes. The "Dendera Zodiac,” a ceiling relief featuring a Ptolemaic sky map from 50BC, appears in 3D alongside simple explanations of its symbols and purpose.
Source:Egypt Today
October 30, 2023 13:15 UTC
Egypt’s ambassador in Moscow participates in BRICS meeting
Egyptian Ambassador in Moscow Nazeh al-Nagari took part in a round table organized by Russian Deputy Foreign Minister Sergei Ryabkov for ambassadors of BRICS member states, within the framework of Russia’s upcoming presidency of the bloc. The meeting was attended by BRICS member states and countries that will join the economic group as of the start of 2024, including Egypt. Participants of the meeting welcomed the new members of BRIC and reviewed the work mechanism of the bloc as well as its multifaceted goals, especially the economic and development ones, the Foreign Ministry said on its Facebook page on Saturday. They, also, reviewed the priorities of the BRICS throughout its current expansion stage and the future one as well.
Source:Egypt Independent
October 30, 2023 12:26 UTC
Banque Misr, Reefy partner to offer comprehensive services to micro-enterprises
Banque Misr, one of the largest banks in Egypt, has signed a cooperation protocol with Reefy, a leading microfinance company, to provide financial and non-financial solutions and products to micro-enterprise owners. The protocol was signed by Akef El Maghraby, Vice Chairperson of Banque Misr, and Ahmed Labib, Managing Director and CEO of Reefy, in the presence of Mohamed El-Etreby, Chairperson of Banque Misr, and several bank and company executives. According to a statement from Banque Misr, the protocol aims to facilitate mutual referrals between the bank and the company for their clients, offering a range of financial services and solutions. The bank emphasized its efforts to adopt advanced technological services in its various transactions, ensuring alignment with global developments. This is aimed at supporting growth and empowering more societal segments to access suitable financial solutions, furthering financial inclusion efforts.
Source:Daily News Egypt
October 29, 2023 19:50 UTC
Humanitarian aid to increase in coming days due to Egyptian, US pressure
new convoy of humanitarian aid entered into the Gaza Strip from the Egyptian side through the Rafah border crossing, Al Qahera News reported- FileCAIRO – 29 October 2023: An Israeli official said that humanitarian aid to Gaza will significantly increase in the coming days due to Egyptian and US pressure, Israeli Channel 13 reported. Egypt is intensifying efforts to provide humanitarian aid to those in need in the Gaza Strip through the Rafah border crossing. Egypt’s President Abdel Fattah El-Sisi and United Nations Secretary-General Antonio Guterres discussed over the phone means of cooperation to protect civilians in Gaza and ensure access to aid. Egypt has also worked to deliver the humanitarian aid coming from world countries and local and international organizations through the Rafah border crossing to Gaza. Since last Saturday, the Gaza Strip has received a total of 84 humanitarian aid trucks, while the UN says at least 100 humanitarian aid trucks are needed in the enclave per day.
Source:Egypt Today
October 29, 2023 19:42 UTC
Biden will pay the price
It is certain that US President Biden will bear the brunt of the Gaza war alone, whether in terms of his political capital, history, or future. The harsher consequences could be terrorist attacks in the US itself or on US embassies around the world. Was this perception the reason for the “apparent” change in the US position towards Israel’s destruction of the Gaza Strip? Finally, did Biden realize that many of his supporters may abandon him in the next elections if the humanitarian situation deteriorates seriously? Did Obama’s statements about escalating the situation and its impact on America for generations fly past Biden, who may not pay the price alone?
Source:Egypt Independent
October 29, 2023 16:33 UTC
Government Supports Industry Development To Meet Market Needs: Al-Sisi
He said,“We are keen to meet the needs of the Egyptian market for everything and all products, not only in the industry, so the local component must be constantly increased in products.”He also announced that the state will establish industrial facilities to support the industry, on condition that the factory bears the cost of machinery. He clarified that the goal of establishing these industrial clusters is not to share the investor's profit but to provide all the requirements for him to start his project immediately and create new job opportunities. He said that the reclaimed land, which was encroached upon, and whose size is estimated at millions of meters, can be coordinated by the government to re-allocate it to investors who wish to expand with small and medium-sized factories. The president called on the Federation of Egyptian Industries to be a bridge between companies, investors, and those who wish to enter into that system, so that time and effort are saved for the investor. He stressed that what the state will do in this framework will be different.
Source:Daily News Egypt
October 29, 2023 15:38 UTC
Egyptian team from AUC wins Arab FinTech Challenge at GITEX 2023
The Egyptian team “FinTech Got Talent Students” from the American University in Cairo (AUC) has won first place in the Arab FinTech Challenge (AFCT) for universities, which was held for the first time in the MENA region as part of GITEX North Star, the largest technology and startup exhibition in Dubai, UAE, from 15 to 18 October 2023. The Egyptian team was one of the two teams that represented Egypt in the AFCT, along with another team from the Chinese University in Egypt. Both teams had previously won the final qualifiers of the “FinTech Got Talent” competition, which was launched in July this year under the “FinYology” initiative. The “FinYology” initiative is a joint effort of FinTech Egypt and the Egyptian Banking Institute, which aims to discover young talents and enable them to develop FinTech and innovation skills at an early age. The initiative also offers training opportunities for university students in banks operating in Egypt, which helps them gain practical experience before graduation.
Source:Daily News Egypt
October 29, 2023 15:37 UTC
At Least 32 Dead, 63 Injured In Multiple-Vehicle Crash In Egypt
At least 32 commuters lost their lives and 63 others were injured early Saturday in a multiple-vehicle crash in northern Egypt, authorities said. The Ministry of Health provided 20 ambulances to transport the injured to hospitals, the Ministry said in a separate statement. The Ministry also promised support for the injured and their families based on the extent of injury and disability resulting from the crash. There were 7,762 deaths from Egyptian road crashes in 2022, up six percent from 7,326 deaths in 2021, Egypt’s leading newspaper, Al-Ahram, reported. A total of 55,991 Egyptian road users were reportedly injured in 2022, compared to 51,511 in 2021, per the outlet.
Source:Daily News Egypt
October 29, 2023 04:05 UTC
CBE Pays $17.7Bn In External Debt Service In 9 Months
(MENAFN- Daily News Egypt) According to its monthly bulletin, the Central Bank of Egypt (CBE) paid $17 in interest and installments of external debts during the first three quarters of the fiscal year 2023/2022, which ended in March 2023. The CBE said that the external debt service was distributed as follows: $4 in the first quarter, $7 in the second quarter, and $5 in the third quarter. The CBE also reported that the installments of external debts amounted to $3 in the first quarter, $5 in the second quarter, and $3 in the third quarter. The interest payments on external debts reached $1 in the first quarter, $1 in the second quarter, and $2 in the third quarter. The CBE added that the external debt to GDP ratio was about 38.5% at the end of March 2023.
Source:Daily News Egypt
October 29, 2023 03:46 UTC
Egypt is doing its best to send aid to Gaza, but Israel is blocking it: FM spokesperson
The spokesperson of the Ministry of Foreign Affairs, Ahmed Abu Zeid, emphasised that Egypt has done and will do everything possible to ensure the swift delivery of humanitarian and relief aid to the Palestinian people in the Gaza Strip and that the Israeli side is the one that hinders the delivery of aid. He said this in response to questions from reporters of some Western newspapers and news agencies about the reasons for the delay in the entry of humanitarian aid to the Gaza Strip, despite the desperate humanitarian situation there and the pile-up of aid convoys on the Egyptian side. The Foreign Ministry’s spokesperson expressed his regret that the process of transporting aid to the Strip is facing major logistical problems imposed by the Israeli side, which requires inspecting buses at the Israeli Netzana border crossing opposite the Egyptian Awja border crossing, and then traveling 100 km to the Rafah border crossing before entering the Strip through it. This creates bureaucratic burdens and obstacles that significantly slow down the delivery of such assistance. He urged everyone to be aware of who is responsible for the delay in the entry of aid to the Gaza Strip, and called on the Israeli side to stop these obstructive measures; so that aid can reach as quickly as possible to meet the urgent humanitarian needs of the people of the Strip.
Source:Daily News Egypt
October 29, 2023 02:48 UTC
Government supports industry development to meet market needs: Al-Sisi
He said, “We are keen to meet the needs of the Egyptian market for everything and all products, not only in the industry, so the local component must be constantly increased in products.”He also announced that the state will establish industrial facilities to support the industry, on condition that the factory bears the cost of machinery. He clarified that the goal of establishing these industrial clusters is not to share the investor’s profit but to provide all the requirements for him to start his project immediately and create new job opportunities. He said that the reclaimed land, which was encroached upon, and whose size is estimated at millions of meters, can be coordinated by the government to re-allocate it to investors who wish to expand with small and medium-sized factories. The president called on the Federation of Egyptian Industries to be a bridge between companies, investors, and those who wish to enter into that system, so that time and effort are saved for the investor. He stressed that what the state will do in this framework will be different.
Source:Daily News Egypt
October 29, 2023 02:42 UTC
EGP 3.671trn increase in total financial position of banks in 2022/23: CBE
Banks’ obligations towards each other locally were EGP 575.767bn, while their obligations towards banks abroad were EGP 450.686bn. The CBE said that government deposits in banks were EGP 2.157trn in June 2023, while non-governmental deposits were EGP 7.315trn. It added that government deposits in local currency were EGP 1.855trn, while deposits in foreign currencies were nearly EGP 301.6bn. The private sector banks’ investments reached EGP 491.98nb, compared to EGP 458.313bn. This was due to a decline in CBE’s net foreign assets by EGP 310.5bn and a decrease in the net foreign assets of the banks by EGP 152.1bn.
Source:Daily News Egypt
October 28, 2023 16:22 UTC
Sisi affirms to Modi need for diplomatic solution to enforce Gaza humanitarian truce
CAIRO – 28 October 2023: Egypt’s President Abdel Fattah El-Sisi affirmed in a phone call with Indian Prime Minister Narendra Modi on Saturday the need to find an urgent diplomatic solution that includes the enforcement of an immediate humanitarian truce in Gaza. This truce would preserve the lives of civilians and allow the unimpeded entry of humanitarian aid to the Gaza Strip in line with the UN General Assembly’s resolution approved on Friday, Sisi said. Sisi also warned against the grave repercussions at the humanitarian and security levels of the Israeli ground attack in the strip. Egypt has also worked to deliver the humanitarian aid coming from world countries and local and international organizations through the Rafah border crossing to Gaza. Since last Saturday, the Gaza Strip has received a total of 84 humanitarian aid trucks, while the UN says at least 100 humanitarian aid trucks are needed in the enclave per day.
Source:Egypt Today
October 28, 2023 16:01 UTC
Sisi, Guterres discuss Egypt-UN cooperation to protect civilians in Gaza, ensure access to aid
CAIRO – 28 October 2023: Egypt’s President Abdel Fattah El-Sisi and United Nations Secretary-General Antonio Guterres discussed over phone cooperation with regard to protecting civilians in Gaza and ensuring access to aid. Sisi and Guterres discussed developments of the ongoing diplomatic efforts to halt escalation in Gaza, including the recent UN General Assembly’s resolution calling for an immediate humanitarian truce in the enclave. Such truce would preserve the lives of civilians and allow the immediate entry of relief aid to the strip in sufficient quantities, they affirmed. Egypt has also worked to deliver the humanitarian aid coming from world countries and local and international organizations through the Rafah border crossing to Gaza. Since last Saturday, the Gaza Strip has received a total of 84 humanitarian aid trucks, while the UN says at least 100 humanitarian aid trucks are needed in the enclave per day.
Source:Egypt Today
October 28, 2023 15:11 UTC
Brazil’s federal government plans to expand internet access nationwide
Brazil’s federal government plans to expand internet access throughout the country. National Communications Agency (Anatel) will be responsible for developing tools, projects and actions to ensure continuous improvement, as reported by TV CULTURA, a partner of TV BRICS. The federal government has established ConectaBR, a national programme that aims to increase coverage and access to the Internet throughout Brazil. In the Official Gazette (DOU), the Department of Communications specifies that the initiative aims to “reduce regional disparities by providing a similar experience to users of telecoms services throughout the country”. The National Communications Agency (Anatel), which will be in charge of developing tools, projects and actions to foster this improvement, will introduce a “Mobile Broadband Quality Mark” to assess the performance of service providers.
Source:Daily News Egypt
October 28, 2023 14:52 UTC