Egypt: Talaat Moustafa Group, Colin’s partner to open 3 branches in San Stefano, Madinaty
Egypt - Talaat Moustafa Group (TMG), a leading company in real estate and tourism development, has announced a strategic partnership with Colin’s, a leading company in ready-to-wear clothing. The partnership aims to open three new branches of Colin’s brand in the Open Air Mall and All Seasons Park in Madinaty, as well as the San Stefano Mall in Alexandria. Commenting on the agreement, the CEO of Colin’s stated, “We are pleased to partner with Talaat Moustafa Group, the largest real estate developer in Egypt, to open new branches at the group’s commercial centres in Madinaty and San Stefano. All Seasons Park is one of the latest integrated commercial centres and shopping destinations developed by the Talaat Moustafa Group. Talaat Moustafa Group’s Madinaty is strategically located near the First, Third, and Fifth Settlements, providing services to nearly 3.5 million residents in those areas.
Source:Daily News Egypt
September 08, 2023 19:09 UTC
G20: Egypt's Al-Sisi Arrives In India, As New Delhi Gears Up For Summit
The Egyptian presidency spokesperson said Al-Sisi's visit to India will also include holding some bilateral meetings on the sidelines of the G20 summit. It was formed by the Group of Seven (G7) and other significant economic players to address global economic issues. He has set an ambitiagenda for the summit, including:Promoting global economic growth: The summit will discuss ways to boost global economic growth, which has been slowing in recent years. The stakes are high, and the world will be watching to see what the G20 leaders can achieve. The G20 leaders will need to discuss ways to mitigate the impact of the war on the global economy.
Source:Daily News Egypt
September 08, 2023 18:45 UTC
Quick-start : G20 and its summits
The 18th Group of 20 (G20) Summit is going to take place on Saturday and Sunday in New Delhi, India. Here is a brief introduction to the group and its summits. Created in 1999, the G20 is a main forum for international cooperation on financial and economic issues. Instead, G20 countries take turns to assume the presidency and host the summit. G20 summitsAltogether, a total of 17 G20 summits have been held since 2008.
Source:Daily News Egypt
September 08, 2023 17:45 UTC
G20 Summit: Egypt to push forward efforts to support developing countries
Egyptian President Abdel-Fattah Al-Sisi will discuss issues of great concern to developing countries, particularly African countries, at the upcoming Group of 20 (G20) summit in New Delhi, India, on Saturday and Sunday, according to an Egyptian presidency statement on Friday. “President Sisi will focus on the importance of promoting the international efforts to facilitate the fair inclusion of the developing countries in the world economy,” said the statement. It added that the president would also emphasize the necessity of providing support for developing countries to achieve sustainable development objectives in the face of the negative repercussions of world economic, food and energy crises. It noted that he would also call on the developed countries to honor their commitments to tackling climate change and empowering the developing countries to further explore renewable energy sources. The Egyptian president’s attendance at the G20 summit comes in response to the invitation extended by Indian Prime Minister Narendra Modi to Egypt for participation as a guest country in G20 meetings.
Source:Daily News Egypt
September 08, 2023 17:45 UTC
Sisi heads to India for G20 summit, discusses needs of developing nations
President Abdel Fattah al-Sisi visited India on Friday to participate in the G20 summit to be held in New Delhi, the official spokesperson for the Egyptian Presidency Ahmed Fahmy announced. Sisi’s participation in the G20 summit comes in response to the invitation of Indian Prime Minister Narendra Modi, whose country holds the current presidency of the group, the spokesperson added. During the summit, Sisi will focus on various issues of concern for developing countries and Africa in particular, Fahmy said, with particular focus on strengthening international efforts to better integrate developing countries into the global manner. This aims to provide mutual opportunities and advantages for developing nations, attracting investments and achieving economic growth, Fahmy explained. The spokesperson added that Sisi’s visit to India will also see him hold bilateral meetings on the sidelines of the G20 summit, in order to consult with international leaders and officials on various issues of common interest.
Source:Egypt Independent
September 08, 2023 17:19 UTC
Ethiopia shows no sign of accepting solutions to Nile dam crisis: Egypt's minister
Egypt’s Foreign Minister Sameh Shoukry said that Ethiopia has not shown any sign of accepting the solutions offered to the Nile dam crisis. He spoke on Wednesday at the opening session of the Arab League, where he highlighted the importance of Arab support for Egypt and Sudan’s water interests. He referred to the statement issued by the leaders of Egypt and Ethiopia on July 13, which agreed to restart the Nile dam negotiations to urgently conclude an agreement on the rules for filling and operating the dam within four months. He said that the Arab League reaffirms its adherence to the Arab Peace Initiative. Shoukry said that the Arab League Council continues to deal with the Palestinian issue and confirms the Arab position.
Source:Daily News Egypt
September 08, 2023 07:32 UTC
Talaat Moustafa Group, Colin’s partner to open 3 branches in San Stefano, Madinaty
Talaat Moustafa Group (TMG), a leading company in real estate and tourism development, has announced a strategic partnership with Colin’s, a leading company in ready-to-wear clothing. The partnership aims to open three new branches of Colin’s brand in the Open Air Mall and All Seasons Park in Madinaty, as well as the San Stefano Mall in Alexandria. Commenting on the agreement, the CEO of Colin’s stated, “We are pleased to partner with Talaat Moustafa Group, the largest real estate developer in Egypt, to open new branches at the group’s commercial centres in Madinaty and San Stefano. All Seasons Park is one of the latest integrated commercial centres and shopping destinations developed by the Talaat Moustafa Group. Talaat Moustafa Group’s Madinaty is strategically located near the First, Third, and Fifth Settlements, providing services to nearly 3.5 million residents in those areas.
Source:Daily News Egypt
September 08, 2023 01:56 UTC
Egypt’s market needs more branded residences, developers say at Think Commercial
This was during the 7th Think Commercial roundtable with the theme “Rise of Diversified Real Estate Market” that was held on Wednesday. He considered that legal protection for investors is an essential part of developing marketing for serviced units. He stated that the British are the largest investors in buying hotel apartments outside their country. Abeer Essam, Chairperson of Amar for Real Estate Development and member of the Real Estate Development Chamber said that the 6th of October City, west Cairo is a tourist city. This body would have a provision for the lands on which serviced apartments are permitted.
Source:Daily News Egypt
September 07, 2023 19:26 UTC
Photos: Egypt, Sierra Leone discuss enhancing military cooperation
CAIRO – 7 September 2023: Egypt and Sierra Leone have discussed means of developing cooperation between their armed forces as they held the first meeting of their military cooperation committee. Egypt's Chief of Staff Osama Askar met with Deputy Minister of Defence of Sierra Leone Muana Brima Massaquoi, who is visiting Egypt currently as part of the activities of the committee meeting. Massaquoi highlighted the relations binding Egypt and Sierra Leone, hailing the Egyptian efforts to support security and stability in Africa, according to a statement by the Egyptian Military Spokesman Gharib Abdel Hafez on Thursday. A number of army commanders from both countries attended the meeting.
Source:Egypt Today
September 07, 2023 16:48 UTC
How video games like ‘Starfield’ are creating a new generation of classical music fans
As a conductor, musician and educator, I’m excited about games like “Starfield” because they’re drawing people to symphonic music like never before. Classical music becomes exclusiveBefore recording technology, the only way to hear music was to experience it live. A clear divide between popular music and what became known as “classical” music emerged. A 2018 poll conducted by the U.K.‘s Royal Philharmonic Orchestra found that more young people are exposed to classical music through video games than through attending live performances. Video game music has come a long way from its first “bleeps and bloops.” Symphonic music will continue to accompany players’ video game journeys, and like “Starfield,” the sky is no longer the limit.
Source:Daily News Egypt
September 07, 2023 12:45 UTC
Al-Mashat discusses cooperation with JPMorgan Chase, international investors
Egypt’s Minister of International Cooperation Rania Al-Mashat met with Soha Ali, Executive Director and Senior Country Representative of JPMorgan Chase Egypt, and a group of international investors and investment fund officials, on Tuesday. They discussed ways to enhance cooperation in promoting investments, financial services and development solutions, according to a ministry statement. The meeting also reviewed development financing to encourage private sector participation in development. The minister explained the framework of international cooperation and development financing, as well as the ministry’s role in enhancing economic relations with multilateral and bilateral development partners, international and regional institutions. The programme also aims to enhance private sector investments in priority projects in the water, food and energy sectors through blended financing.
Source:Daily News Egypt
September 07, 2023 11:38 UTC
Ethiopia shows no sign of accepting solutions to Nile dam crisis: Shoukry
Egypt’s Foreign Minister Sameh Shoukry said that Ethiopia has not shown any sign of accepting the solutions offered to the Nile dam crisis. He spoke on Wednesday at the opening session of the Arab League, where he highlighted the importance of Arab support for Egypt and Sudan’s water interests. Shoukry expressed his hope for the continued support of the Arab League to urge Ethiopia to abandon its unilateral decisions and show the necessary political will to reach an agreement over the Nile dam without delay. He said that the Arab League reaffirms its adherence to the Arab Peace Initiative. Shoukry said that the Arab League Council continues to deal with the Palestinian issue and confirms the Arab position.
Source:Daily News Egypt
September 07, 2023 10:39 UTC
France in Africa: Why Macron’s policies increased distrust and anger
In Africa, Macron’s neoliberal turn has stripped France of the long-standing myth that it was somehow a more benevolent coloniser because of the cultural links it established with African elites. But what Macron wants observers to notice is that increasingly, French development aid in Africa has to be run by French businesses. Rather, Macron’s speeches put forward business activities and neoliberal values as French values that benefit the continent. Macron’s values, however, are the values of neoliberalism. Abroad, he wants French development policy to be driven by private initiatives.
Source:Daily News Egypt
September 07, 2023 08:05 UTC
Egypt’s National Elections Authority accepts requests to monitor presidential elections
The Board of Directors of the National Elections Authority, headed by Judge Walid Hamza, met on Tuesday to finalize all necessary preparations for the upcoming presidential elections, which included accepting requests to monitor the upcoming presidential elections. The meeting discussed requests submitted by local and foreign civil society organizations, alongside requests submitted by press institutions, media outlets, and local news websites to cover the electoral process. The National Elections Authority called on all media outlets and social media users not to share any news National Elections Authority unless it is published through official sources. Lawyer Tarek al-Awadi said that the last presidential elections were in 2018 and their results were announced on April 2, 2018, and this necessarily entails that the procedures for the next presidential elections begin at the end of this year in accordance with the constitution and the law. Awadi clarified that the matter is not holding early presidential elections, as some claim, and this is the entitlements of the constitution, not a personal viewpoint.
Source:Egypt Independent
September 07, 2023 06:35 UTC
Japanese investments in Egypt doubled in 2022: Japanese official
Japanese investments in Egypt doubled during 2022, with about 50 Japanese companies operating in the country, Japanese Foreign Ministry spokesperson Okano Yukiko announced. The Japanese Foreign Minister’s current visit to Egypt comes to follow-up Japanese Prime Minister Fumio Kishida‘s visit to Cairo in April, she said. Kishida’s visit turned Japan’s relations with Egypt into a strategic partnership, making it first country in Africa to raise its relationship with Japan to this degree. Japan is interested in investing in infrastructure and clean energy projects, she noted, adding that further cooperation with Egypt is possible in these areas through more Japanese companies entering the market. The Japanese foreign minister met with representatives of Japanese companies and expressed the government’s readiness to encourage Japanese companies to enter the Egyptian market by promoting its market’s potential, referring to Egypt’s human resources capacity.
Source:Egypt Independent
September 07, 2023 06:35 UTC