Egypt’s government assures US dollar crisis is on its way to a solution
The spokesperson for the Egyptian Cabinet, Nader Saad, said that the US dollar crisis is on its way to being resolved, and that “the numbers prove it.”In a phone-in with the privately-owned Sada al-Balad satellite channel, Saad added that there were no US dollar resources for the government and the Central Bank of Egypt. He pointed out that “The ability of the banking sector to deal with the current situation contributed to the release of commodities worth more than six billion dollars.”“The past period witnessed a significant breakthrough in the release of goods from the ports, which had a positive impact and increased supply in the markets,” he explained. “The government is seeking, during the coming period, to return prices to what they were before the month of Ramadan, and provide all food commodities.”Saad revealed that there are commodities worth $8.5 billion in the ports, and that the coming period will witness the release of commodities worth $3.4 billion. He stressed that “No fines will be collected related to the customs release of the goods.”Saad pointed out that the delayed goods will be released at the ports as soon as their owners submit a request for release.
Source:Egypt Independent
January 01, 2023 11:11 UTC
No decision on Russia's potential switch to Asian confederation - RFU head
(Reuters) - The Russian Football Union's (RFU) Executive Committee members have not expressed their intention to switch to the Asian confederation even as the country remains suspended by European soccer body UEFA, RFU head Alexander Dyukov said. "Was any member of the Executive Committee in favour of Asia? Nobody expressed this position," Dyukov was quoted as saying by Russia's TASS news agency on Friday. The move prompted the RFU to discuss making the switch to the Asian Football Confederation (AFC). But TASS reported the committee that met on Friday decided to create a working group to interact with FIFA, UEFA and other confederations.
Source:Egypt Today
December 31, 2022 16:48 UTC
Cristiano Ronaldo signs for Saudi team Al Nassr
Famed Portuguese footballer Cristiano Ronaldo has joined Saudi Arabian club Al Nassr, the team announced on social media Friday. 7 Al Nassr jersey and said: “History in the making. Welcome @Cristiano to your new home @AlNassrFC.”When asked Friday, a representative for Ronaldo did not disclose terms of the deal. CNN has reached out to Al Nassr for comment. Despite a disappointing 2022 Qatar World Cup with Portugal, Ronaldo became the first man to score in five World Cups.
Source:Egypt Independent
December 31, 2022 15:44 UTC
Egypt's Nuclear Authority manufactures electronic chip for solar panel for first time
During this period, the authority was able to accomplish many important steps in the fields of exploration, mining and extraction of nuclear ores. Hamza added that a partnership was established between the Nuclear Materials Authority and the Egyptian Company for Black Sands to exploit the ores of the Rashid-Idku region, the product of dredging Lake Manzala and the product of the purification of Damietta port, to establish units to raise the added value of ores. Hamza pointed out that the authority conducted aerial and ground survey studies to explore the aquifer, determine the validity of the soil in the area of the national project "cultivating 19 thousand acres" in the New Valley Governorate. He added that a center for processing and interpreting aerial geophysical survey data has been established, which is the first center of its kind in Egypt and the Middle East region. The center contributes to the interpretation of survey data and the identification of areas of mineralization and surface geological structures.
Source:Egypt Today
December 31, 2022 13:15 UTC
Egypt: Rowad 2030, VictoryLink sign MoU to support startups
Under the auspices of the Minister of Planning and Economic Development, a memorandum of understanding (MoU) was signed between the Ministry’s Rowad 2030 project and VictoryLink, a leading provider of integrated technological and digital solutions, to support startups and entrepreneurs through business clinics known as Rowad Clinics. The MoU was signed by Ghada Khalil, Rowad 2030 Manager, and Haitham Saeed, Vice Executive President of VictoryLink. The Rowad 2030 project opened Rowad Clinics last June in the GrEEK Campus with the aim of providing technical and technological support in various fields, in addition to financial, legal and marketing advice to entrepreneurs and owners of startup companies to help them complete and sustain that business. It is worth noting that the Rowad 2030 project is listed as one of the best practices within the United Nations programs around the world in achieving sustainable development, as the project achieved 9 goals of sustainable development. Integrated that ensures the development value of innovation and knowledge, and links knowledge applications and innovation outputs to national goals and challenges.
Source:Daily News Egypt
December 31, 2022 11:33 UTC
Senate approves draft law establishing Digital Egypt Fund
The Egyptian Senate, headed by Abdel Wahab Abdel Razek, approved Sunday a draft law on the establishment of the Digital Egypt Fund. The Digital Egypt Fund aims to activate several digital services and promote digital transformation to ensure sustainability. Furthermore, it supports the various state sectors to implement relevant plans and initiatives, spreads awareness of digital services, and provides economic returns and finances that enable the state sectors to provide their services optimally. The draft law aims to eliminate digital illiteracy by encouraging citizens to rely on digital transactions. It fulfils the constitutional obligation in Article 25 to eliminate digital literacy among citizens of all ages and to develop mechanisms for digital transformation in a clear time plan.
Source:Daily News Egypt
December 31, 2022 11:31 UTC
Egypt sends 240 tons of aid to Somalia amid years-long drought
CAIRO – 31 December 2022: Egypt has sent 240 tons of food, and medical and relief aid via sea to Mogadishu, the Egyptian Ministry of Foreign Affairs said in a statement on Friday. The Somali Ministry of Health expressed gratitude to Egypt, affirming the brotherly relations between the two countries and the important role of the Egyptian aid in facing drought. The ministry also affirmed keenness to enhance cooperation with Egypt in the field of health and in training medical teams. In November, Egyptian President Abdel Fattah El Sisi has asserted Cairo’s readiness to continue providing support for Somalia to consolidate its state institutions. In June, Egyptian Prime Minister Madbouli attended the inauguration ceremony of Mohamud, the tenth Somali president, on behalf of President Sisi.
Source:Egypt Today
December 31, 2022 11:16 UTC
Pele showed the most famous guy on the planet can be 'completely normal' - Klopp
"Both of them showed me that if you are the most famous person on the planet, you can still be a completely normal guy. That's what I love the most, that's what I took as a lesson, that's something I will never forget. Leagues the world over will pay tribute to Pele during this weekend's matches. The Premier League, English Football League and Australia's A-League said they would have a minute's applause before games while Spain's LaLiga and Italy's Serie A said they would observe a minute's silence ahead of games. Premier League and EFL players will also wear black armbands.
Source:Egypt Today
December 31, 2022 10:40 UTC
Egypt vaccinates over 3.2 million children in latest polio vaccination campaign
CAIRO – 30 December 2022: Egypt’s Ministry of Health announced vaccinating more than 3.2 million children, who ages five years or less, during the latest limited vaccination campaign in Cairo and Giza earlier this month. A total of 9,075 medical teams have been responsible for visiting homes to make sure that all targeted children around the two governorates have been vaccinated. The ministry trains all the medical teams participating in the polio vaccination campaigns out of its keenness to ensure that at least 95 percent of targeted children are vaccinated. Egypt has launched numerous polio vaccination campaigns to inclue Egyptian and non-Egyptian children with the aim of keeping the country free from the disease. In 2006, the World Health Organization (WHO) declared that Egypt is completely polio-free.
Source:Egypt Today
December 31, 2022 00:18 UTC
Celebrating the birthday of legendary singer Umm Kulthum
Umm Kulthum was an iconic Egyptian singer and actress that lives in the hearts of millions of people around the world. Arabs of the Palestinian city, Haifa, named one of its streets after its Umm Kulthum. They announced that immortalizing the name of Umm Kulthum is a qualitative achievement for the Arabs in Haifa, on the level of affirming existence and survival.
Source:Egypt Today
December 30, 2022 22:37 UTC
Egypt police foil terrorist attack on checkpoint in Ismailia - Daily News Egypt
Egypt’s security forces foiled an attack on a security checkpoint in North Ismailia governorate, on Friday, security sources told Daily News Egypt. An exchange of fire took place between Egyptian security forces and a group of terrorists near El Saliheen Mosque in the governorate, one officer and three security personnel were killed in the exchange of fire. At least one attacker has been neutralized, according to the sources.
Source:Daily News Egypt
December 30, 2022 20:44 UTC
Egyptian archaeological discoveries, recovered antiquities in 2022
The year 2022 was marked by many distinguished archaeological discoveries. In the following lines, Al-Masry Al-Youm reviews the year’s harvest of archaeological discoveries and recovered antiquities. 2-An ancient cemetery west of Aswan (January 2022):In January as well, a joint Egyptian-Italian archaeological mission found an archaeological cemetery dating back to the Greco-Roman era in the vicinity of the Aga Khan Mausoleum in western Aswan. 4- Luxor Temple excavations (February 2022):The Egyptian archaeological mission operating in the Luxor Temple found a group of important royal antiquities during excavations in the areas close to the temple precincts. 9-Temples and tombs of Sohag (May 2022):The Egyptian archaeological mission operating in the Jabal al-Haridi area in Sohag uncovered a checkpoint and observation point from the era of King Ptolemy III.
Source:Egypt Independent
December 30, 2022 20:18 UTC
Egypt invests LE106M in irrigation works in Africa in 2022
CAIRO - 29 December 2022: Minister of Irrigation and Water Resources Hani Sweilam stated Thursday that Egypt had invested LE106 million in the sector in Africa in 2022. The works carried out include the fifth phase of the removal of weeds from African Great Lakes; the second phase of the weed removal in Uganda's Lake Kyoga and Lake Albert; the completion of seven solar-powered underground water treatment plants in rural areas near the South Sudanese capital of Juba; and, kick-starting the first phase of constructing rainwater harvesting dams in South Sudan's Khor Wara region. That is in addition to developing the Egyptian-Sudanese Permanent Technical Authority for Nile Water. With regard to the capacity-building of human resources, 228 Arab and African professionals received training at the ministry's Regional Training Center. Further, two training courses were delivered to 38 others, from 16 African countries, in the field of river engineering, sustainable development, and the designing, measurement, operation, and maintenance of water establishments.
Source:Egypt Today
December 29, 2022 21:26 UTC
Supply Ministry forms operations room to facilitate custom clearance of production supply imports - Daily News Egypt
Minister of Supply and Internal Trade Ali Al-Moselhy said that he coordinates with the Ministry of Trade and Industry, the Federation of Egyptian Chambers of Commerce (FEDCOC), and the Central Bank of Egypt to establish a joint operations room to facilitate custom clearance of production supply imports. The meeting was attended by Minister of Trade and Industry Ahmed Samir, CEO of the Holding Company for Food Industries Ahmed Hassanein, head of the Consumer Protection Authority Ayman Hossam, advisor to the minister for control and distribution Ahmed Mahdi, Vice President of FEDCOC Adel Nasser. Al-Moselhy called on the heads of the chambers of commerce in governorates to establish at least five “Welcome Ramadan” exhibitions in each governorate and a corner in each commercial chain for the goods of Welcome Ramadan. Samir called on merchants to offer commodities to citizens at a fair price, pointing out that competitiveness is what will create this fair price for citizens. He added that the necessary studies have been prepared with the chambers of commerce and governors to choose the appropriate places in each governorate so that these exhibitions can spread throughout the governorates.
Source:Daily News Egypt
December 29, 2022 19:17 UTC