Official Calls for Protecting Jailed Palestinian Children from Israeli Violations
TEHRAN (IQNA) – Some 170 Palestinian children held in Israeli jails are subjected to different kinds of abuses. This is according to Under Secretary of the Palestinian Social Development Ministry Assem Khamis, addressing a regional conference in Doha on Sunday. He called for protecting the Palestinian children from Israeli violations inside jails. The Palestinian official accused Israel of constantly obstructing the lives of the Palestinians. He also called for holding Israel responsible for violations against Palestinian children.
Source:Egypt Today
May 29, 2023 09:52 UTC
Egypt received over 164K Sudanese since outbreak of crisis: Foreign ministry
Egyptian Red Crescent extends support to Sudanese people on the Egyptian-Sudanese border - ERCCAIRO – 29 May 2023: Egypt has received more than 164,000 Sudanese people since the outbreak of the crisis in Sudan in mid-April, Egyptian Ministry of Foreign Affairs Spokesman Ahmed Abu Zeid said on Twitter. Reviewing Egypt’s efforts to support the Sudanese people, Abu Zeid said Egypt has issued thousands of visas to the Sudanese brothers, while women, children and the elderly have been granted access on the spot without visas. The country also provided medications to 1,050 patients with chronic diseases, Abu Zeid said. A humanitarian center was also established by the Egyptian Red Crescent at the border crossings and ensured freedom of movement. There have been no border closures or refugee camps or movement restrictions or discriminatory measures or forced returns, Abu Zeid added.
Source:Egypt Today
May 29, 2023 09:50 UTC
Africa needs 10 mln housing units annually to meet increasing demand
President of African Federation of Construction Contractors Associations (AFCCA) Hassan Abdelaziz has stated that Africa needs 10 million low-cost housing units annually to meet the increasing population growth. Abdelaziz said that foreign companies were acquiring these projects to reap huge returns and drain the continent’s bounties, especially as they bring their equipment, labor, and all building materials for projects. Accordingly, the Infrastructure and Energy of the African Union Commission agreed to the union’s request, as a preference rate of 7% was granted to African companies in bids funded by the African Development Bank. Abdelaziz added that major alliances and blocs have been established between Egyptian and African contracting companies to develop many major projects in Africa, highlighting the need to rehabilitate African contracting companies. He pointed out that Africa badly needs new and renewable energy projects, road projects, and then housing projects.
Source:Daily News Egypt
May 29, 2023 08:18 UTC
Al-Sisi affirms Egypt’s keenness on security, stability of Iraq
Ahmed Fahmi, the presidential spokesperson, said that Al-Sisi affirmed his pride in the strong brotherly relations between Egypt and Iraq on the official and popular levels, as well as Egypt’s keenness on the safety, security, and stability of Iraq. In this regard, President Al-Sisi praised the constructive role played by the head of the Iraqi Government Movement to maintain stability and balance in Iraq. He expressed his country’s appreciation for Egypt’s efforts in supporting Iraq and its keenness to benefit from Egypt’s development expertise in all fields. Later on Sunday, Foreign Minister Shoukry met with Al-Hakim. The Foreign Minister also expressed Egypt’s full support for Iraq in its war against terrorism, based on its support for the safety, security and stability of the brotherly country of Iraq.
Source:Daily News Egypt
May 29, 2023 07:05 UTC
Third season of comedy ‘Mawdou Aeli’ starts filming in September
The production crew for the series “Mawdou Aeli” (Family Matter) have begun preparing for its third season with filming scheduled to start in September. The comedy series stars Maged al-Kidwany, Lebanese actress Nour Raeis, Rana Rais, Mohamed Radwan, Sama Ibrahim, Taha el-Desouky, Mohamed al-Qass. The social drama tells the story of Chef Ibrahim (Maged al-Kedwany) who suffers from amnesia. His daughter Sarah (Rana Rais), comes to lives with him after many years of living abroad. The film tells the story of a couple who own a fast food cart, who somehow get involved in a drug case and must prove their innocence to the police and catch the real culprits.
Source:Egypt Independent
May 29, 2023 04:03 UTC
Real Estate Development Chamber proposes solutions to boost local market
Prime Minister Mostafa Madbouly has met with members of the Real Estate Development Chamber in the presence of Minister of Housing, Utilities, and Urban Communities Assem El Gazzar, to discuss some solutions and proposals to revive the local property market, Tarek Shoukry, Chairperson of the Real Estate Development Chamber at the Federation of Egyptian Industries, has said. The chamber proposed 10 measures to boost the sector growth and increase its sales. 2) Establish a special unit affiliated to the cabinet to carry out property ownership, residency, and citizenship procedures within 30 days. He highlighted the state’s interest and support for the real estate sector as one of the sectors driving the Egyptian economy with a contribution rate of up to 20% of GDP with job opportunities amounting to 5 million direct job opportunities. He elaborated that the local market enjoys huge investment opportunities and a legislative climate that attracts all investors, and a real demand for all residential units.
Source:Daily News Egypt
May 29, 2023 03:24 UTC
Egyptian, Syrian ministers discuss cooperation on civil society, empowerment of vulnerable groups
CAIRO – 28 May 2023: Minister of Social Solidarity Nevine al-Qabbaj received Friday Syrian counterpart Loai Emad El Din al-Menaged to confer over cooperation in the fields of civil society, governance of the donation system, gender equality, and empowerment of the disabled and vulnerable groups. Minister Qabbaj pointed out that the performance of the Egyptian civil society improved in the past years, and that it has been taking part in many national and developmental projects. Furthermore, an electronic platform was launched to provide services to the civil society, while a national strategy for volunteering will be launched soon. As for the economic empowerment of vulnerable segments, the minister shed light on Takaful w Karama, the monetary subsidies programme, assisting five million families. In turn, Minister al-Menaged requested a technical visit from the Egyptian side to Syria to learn about the Egyptian experience with the NGOs' electronic platform, coordinate fairs, and discuss the delivery of social protection to Syrian workers in Egypt.
Source:Egypt Today
May 28, 2023 21:05 UTC
First Abu Dhabi Bank Egypt launches ‘Access’ portal for electronic payments
First Abu Dhabi Bank has announced the launch of its electronic payment portal “Access” to facilitate transactions for companies; small, medium, and micro enterprises; and e-commerce platforms, and help them achieve sustainable growth. The “Access” portal is the latest electronic payment solution that suits the needs of all business categories, including owners of e-commerce websites and merchants of social media platforms, as it enables them to accept electronic payments via the Internet, follow up on their transactions and manage their payments easily and safely, in addition to providing website tools solutions, and payment link services to help create online stores easily and professionally. Shmeis Fakhry, Head of Electronic Channels and Electronic Payments Acceptance Products Department, said: “We at First Abu Dhabi Bank Egypt are keen to provide the latest solutions and services to all segments of society in Egypt, in a way that suits the needs of each of them individually, as the Access portal comes within the framework of our strategy to support businesses from all walks of life and help them enhance their competitiveness and ensure their sustainable growth by taking advantage of the digital economy, which will reflect positively on economic growth in Egypt.”Mariam Al-Samni, Head of the Retail Banking Sector at First Abu Dhabi Bank, added: “The new electronic payment gateway embodies the capabilities of the bank and the parent group to lead the digital transformation process in the banking sector in Egypt, being the safest bank in the region and with its great expertise and capabilities that enable it to provide various solutions. It is suitable for various business needs, foremost of which is the security standards that characterize the new portal, as the new portal provides 3D protection for all financial transactions, within the framework of our firm commitment to support the country’s efforts to achieve digital transformation and financial inclusion in Egypt.”This portal represents the bank’s firm commitment to supporting all segments of Egyptian society, especially the youth, in addition to strengthening the state’s efforts to achieve digital transformation and financial inclusion, as basic axes of the bank’s sustainability strategy, as the new portal ensures various segments of society can access banking services and electronic payment solutions with easy procedures and the highest safety standards.
Source:Daily News Egypt
May 28, 2023 17:52 UTC
MSMEDA offers free courses to develop industrial enterprises, increase export capabilities
Basil Rahmi, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), has announced that the agency provides various training programmes to develop medium and small industrial enterprises in a number of important productive sectors, with the aim of helping them expand, increase production, raise the efficiency of their products and develop them, which increases their ability to export. Rahmi explained that the agency is currently cooperating with the German Agency for International Cooperation (GIZ), one of the largest development institutions, to implement an integrated training program for industrial projects within the “Innovation in the Private Sector” project. He stressed that the agency is keen on cooperating with various international and donor agencies to provide support for the owners of SMEs, and implement the state’s directions to develop this sector and focus on industrial projects as well as increase their productive capabilities. Owners of companies, SMEs, and customers of MSMEDA can apply for these courses free of charge no later than 31 May, especially industrial companies or suppliers in the food, chemical, engineering, and packaging and printing industries. One of the top conditions is that the company is already established, registered and has been operating for at least three years.
Source:Daily News Egypt
May 28, 2023 15:13 UTC
CFI Financial Group aims to expand in 4 new countries during 2023
CFI Financial Group has revealed its intention to expand in four new countries within five months, bringing the total countries of operation to 14 before the end of 2023. The company’s management revealed, in an interview with Daily News Egypt, that it provides its services in London, Larnaca, Dubai, Amman, Beirut, and Port Louis. Hisham Mansour, CEO of the company, said that Egypt was the 10th country in which CFI expanded. CFI Financial Group operates globally with 8 international licences from top-tier regulators such as the FCA in the UK, CySEC in Cyprus, and the Dubai Financial Services Authority in the UAE, and is currently expanding into emerging markets. CFI Group launched its operations in Egypt at the end of last week, to be an integrated investment platform that provides all financial services.
Source:Daily News Egypt
May 28, 2023 09:37 UTC
TikTok launches its first ever Book Awards
TikTok has announced its first-ever Book Awards for 2023, celebrating all things literature that has captivated the social media platform. TikTok announced nine awards categories they will be handing accolades out for, including BookTok Book Of The Year, BookTok Author Of The Year, and Best Book I Wish I Could Read Again For the First Time. Candice Brathwaite, award-winning author and TikTok Book Awards Judge, said: “As an author, there’s nothing better than to see people discussing and debating your book. I love going to TikTok to find unfiltered reviews and recommendations, so it’s great to be giving this community the chance to have their say through the TikTok Book Awards for UK and Ireland. TikTok Book Awards:BookTok Creator Of The YearBookTok Book Of The YearBookTok Author Of The YearBest BookTok RevivalIndie Book Shop Of The YearBest Book to End A Reading SlumpBest Book I Wish I Could Read Again For The First TimeBookTok Cover of The YearBookTok Livestreamer of The Year
Source:Egypt Today
May 28, 2023 08:06 UTC
People with respiratory problems advised to stay indoors as dust storm expected across Egypt
CAIRO – 28 May 2023: The Egyptian Meteorological Authority (EMA) has advised people with respiratory problems to stay indoors as many areas across Egypt are expected to see dust storms on Sunday. Dust storms are expected to continue on Sunday nationwide, especially in the Red Sea mountains, southern Egypt and open areas in Greater Cairo and Lower Egypt. The EMA also expects light to moderate rain that can turn into thunderstorm in the northern coasts, Lower Egypt and Suez Canal cities. Moreover, moderate rain can turn into thunderstorm in southern Egypt. Average temperatures based on the EMA expectations:- Cairo and Lower Egypt – Highs: 33 - Lows: 20- Northern coasts – Highs: 27 – Lows: 19- South Sinai – Highs: 35 – Lows: 23- Northern Upper Egypt – Highs: 35 – Lows: 22- Southern Upper Egypt – Highs: 40 – Lows: 25
Source:Egypt Today
May 27, 2023 21:53 UTC
EFG Hermes Holding rebrands to EFG Holding
EFG Hermes Holding announced today that it has successfully rebranded to EFG Holding to ensure the brand evolves in line with the Group’s expansion across three distinct verticals: EFG Hermes the investment bank, EFG Finance the non-bank financial institutions (NBFI) platform, and aiBANK the commercial bank. In addition, the name change on the group level will entail changing the EFG Hermes Foundation’s name to become the EFG Foundation. Today, EFG Holding stands as a trailblazing financial institution providing boundless financial opportunities with a universal bank in Egypt and the leading investment bank franchise in Frontier and Emerging Markets (FEM), consistently offering customers best-in-class, end-to-end financial services. Through this franchise, EFG Holding provides its broad base of individual, institutional, and government-backed clients across the globe with a holistic suite of advisory and capital management services in FEM. The investment bank is co-led by Mohamed Ebeid, CEO of the sell side, and Karim Moussa, CEO of the buy side.
Source:Daily News Egypt
May 27, 2023 16:58 UTC
Egypt has integrated, full-disclosure programme to attract private sector investment: CBE governor
He explained that talking about the government’s commitment to increasing the participation of the private sector in the Egyptian economy is not within the prerogative of the CBE. He explained that there is a dedicated programme to attract the private sector investment. It will ensure not only the offering of 32 companies for private investments with a total of $40bn, but that private sector investments will significantly exceed this target. The CBE governor explained that, as an Egyptian citizen, he believes that the Egyptian private sector has always enjoyed strength, as the state supports it and encourages it to expand continuously. Abdalla said that Africa enjoys the highest return on investment in the world for the private sector.
Source:Daily News Egypt
May 27, 2023 16:58 UTC
President Sisi: Egypt has received 150K Sudanese people, calls for 4-point solution to crisis in Sudan
President Sisi said that the stability of Sudan will have positive results not only for the Sudanese people, but also for all regional parties, adding that Egypt affirmed the utmost importance of close coordination with neighboring countries to resolve the crisis and restore security and stability in Sudan. “Egypt has received about 150,000 Sudanese citizens to date since [the outbreak of the crisis in Sudan], in addition to hosting [already] about 5 million Sudanese citizens,” said President Sisi, calling on relief agencies and donor countries to provide the necessary support to neighboring countries. 2- The necessity of preserving the national state institutions in Sudan to protect the state from the danger of collapse. The role of regional parties is to help stop the conflict and achieve consensus on resolving the causes that led to it. 4- The necessity for coordination to deal with the humanitarian repercussions of the Sudanese crisis as they extend beyond the borders of Sudan.
Source:Egypt Today
May 27, 2023 14:27 UTC