He praised the history of the Palestinian resistance, which dates back to 1886, and said that victory was near. He added that Egyptian artists have always been in solidarity with the Arab causes, such as Iraq and Lebanon, and that they are now with Palestine. He said that all Egyptians must stand behind the Palestinian cause until victory. He added that all aspects of life will support the Palestinian cause, which will inevitably triumph. Hassan Al-Adl: Palestinian cause will triumphActor Hassan Al-Adl said: The Palestinian cause will triumph and the Zionist military machine will be defeated with all its equipment.

October 27, 2023 11:16 UTC

The People and Banks Conference, held on Wednesday under the title “The Road to Sustainability and the Green Economy,” featured several banking leaders who highlighted the vital role of the Egyptian banking sector in achieving the state’s vision of transitioning to a green economy. He added that this is in cooperation with the Egyptian government, which gives great importance to financing green projects. Ghanem pointed out that the agricultural sector has received the largest share of sustainable financing, followed by the healthcare sector. He affirmed that the banking sector has played a significant role in promoting sustainable development and the green economy, as the Central Bank has set guidelines for directing financing to more sustainable economic activities. He explained that sustainability cannot be achieved without the banking sector, which directs financing to environmentally friendly green projects.

October 27, 2023 01:12 UTC

It aligns with Egypt Vision 2030, which aims to reduce the country’s dependence on imports and increase local production and exports. The SVEi factory has started producing two of Oraimo’s best-selling products: the Oraimo Watch Lite and the FreePods 3C earphones. These are the first smart devices to be locally made in Egypt and they will be exported to other African countries. According to the national manager of Oraimo, the brand’s investment in local manufacturing reflects its deep confidence in Egypt’s potential to become a prosperous nation. He said: “We are incredibly proud to say that our smartwatch and earphones are made in Egypt, by Egyptians, and for Africa.

October 26, 2023 19:32 UTC

Egypt’s President Abdel Fattah Al-Sisi has emphasised that the only way to achieve a lasting solution to the Palestinian issue is through diplomatic efforts that lead to a two-state solution and the establishment of a Palestinian state with Jerusalem as its capital. In his speech during an “inspection of war” operation on Wednesday, the president said that Gaza is suffering from a lack of fuel, water, and medical supplies and that Egypt is working to ease the plight of the people in the Strip. He added that his country is playing a constructive role in de-escalating the situation in Gaza, stopping the fire, and reducing the bloodshed. Al-Araishi stated that no one can threaten the interests or capabilities of Egypt and that Egypt’s destiny is to live in a region full of turmoil and challenges. He also highlighted the qualitative shift in the organization, training, and armament of the Egyptian army in recent years, which has increased its strength and efficiency.

October 26, 2023 19:22 UTC

It also considered attempts to drive Palestinians out of their lands a flagrant breach of international law and a war crime. Well-informed sources have reported intensified coordination between Egypt and Qatar to ensure the release of the captives taken by Hamas in the Gaza Strip. Hamas also freed the release comes days after two American women, Judith Tai Raanan and her daughter Natalie Shoshana Raanan, were freed. Hamas also released on Friday two American women, Judith Tai Raanan and her daughter Natalie Shoshana Raanan. Macron said France will work with Egypt to release all captives taken by Hamas.

October 26, 2023 17:27 UTC





Cairo – October 26, 2023: The Egyptian Exchange (EGX) continued its green streak to end the week on a positive note, buoyed by yesterday’s historic session which saw all three main indices soaring with 3.36–3.64 percent gains each. Benchmark index recorded growth of .56 percent to end the session at 23,262.27 points after a strong 3.37 percent uptick on Wednesday trading. Thursday trading saw 1.14 billion shares exchanged with a turnover of LE 5.09 billion. Trading on securities saw Egyptian and Arab investors as net sellers with LE 12 million and LE 155 million, respectively. The top gains of the session were by the General Company for Land Reclamation, Development & Reconstruction which surged by 20 percent, Wadi Kom Ombo Land Reclamation by 19.99 percent, and Asek Company for Mining – Ascom by 19.97 percent.

October 26, 2023 14:20 UTC

CAIRO - 26 October 2023: The First Deputy Minister of Foreign Affairs of the Republic of Kazakhstan, Khairat Umarov, announced on Thursday that his country is cooperating with the Egyptian government in evacuating its nationals from the Gaza Strip. The official Kazinform news agency quoted Umarov as saying on the sidelines of the Senate meeting in Astana today: “The situation is very complex. We are working with the Egyptian government and with "All the potential people who could solve these issues." He added that information is regularly updated about the number of Kazakh citizens residing in the Gaza Strip, saying: “I think it is too early to talk about these numbers today. As soon as the corridor is opened, our citizens will be evacuated from there.”The official spokesman for the Kazakh Foreign Ministry, Aybek Smadyarov, had said earlier that there are more than 100 Kazakh citizens in the Gaza Strip now.

October 26, 2023 10:36 UTC

These two events have disrupted the global trade movement, which is already facing challenges from inflation, interest rates, trade wars, and supply chain issues. These are some of the factors that have contributed to the decline in global trade volume in July 2023. Global trade rates are affected by the interplay of these and other factors and vary from one country to another and from one sector to another. Some assert that the return of global trade to pre-pandemic levels is linked to the extent of recovery in China. Therefore, continuing to use these tools will weaken the trade volume further and threaten to have significantly disastrous results.

October 26, 2023 02:52 UTC

The president's statements came during his attendance of the “War Inspection Lining” of the 4th Armor Division in Suez. Faith entails integrity, honor, and fidelity,” President Sisi addressing the Egyptian people. In the past days, around 200 trucks carrying humanitarian aid to Gaza Strip were waiting to enter through Rafah Border Crossing between Egypt and Gaza Strip. Of those, 55 trucks entered on Saturday (20 trucks, Sunday (14 trucks), and Monday (21 trucks), as announced by the Egyptian Red Crescent. The Egyptian civil society is contributing by 2,000 tons, while other countries, delivering through Egypt, have provided around 200 tons.

October 25, 2023 15:46 UTC

Egypt’s Minister of Electricity and Renewable Energy, Mohamed Shaker, has said that the country is shifting its energy sector from gas to renewable sources, such as wind and solar, to take advantage of its strategic location for accessing global markets and exporting green products. He said that the energy axis of the “NWFE” programme, in collaboration with development partners, aims to reduce greenhouse gas emissions by 17 million tonnes of carbon dioxide annually. He added that the electricity sector has made significant progress in attracting renewable energy investments as part of a plan to involve the private sector in increasing renewable energy capacity by about 10 gigawatts. He also said that the necessary financing has been secured by development partners within the energy axis to implement these projects, and financial closure agreements have been signed. He pointed out that the NWFE programme’s energy axis includes shutting down 5-gigawatt thermal power stations, and by the first quarter of 2024, 1-gigawatt power stations will be shut down.

October 25, 2023 15:07 UTC

CAIRO - 25 October 2023: China's Permanent Representative to the United Nations, Zhang Jun, praised the Egyptian efforts made to open a humanitarian corridor to the Gaza Strip, stressing his country's appreciation for this role. He said that despite the efforts made to open a humanitarian corridor, the humanitarian supplies currently allowed to Gaza are still insufficient, and the Rafah land crossing alone cannot fundamentally meet the humanitarian needs in Gaza. He pointed out that his country provided emergency humanitarian aid through the Palestinian National Authority and United Nations agencies, respectively, and that it would continue to provide in-kind aid based on The needs of the people of Gaza. He concluded by saying, "We maintain close contacts with the parties concerned and play a responsible and constructive role in achieving a ceasefire, protecting civilians, and avoiding a greater humanitarian catastrophe. China has no self-interest regarding the Palestine issue, and any initiative that contributes to peace will enjoy China's strong support, and that China will make every effort to pursue any effort that facilitates Palestinian-Israeli reconciliation.”

October 25, 2023 14:11 UTC

Each one’s love language is a way of showing their love and appreciation for you. With that in mind, some people question if their loved one cares about them because they don’t voice their love the way they want them to. So how to differentiate between being neglected and being loved differently? Everyone’s Personality and Circumstances is Different, So Don’t Judge or Jump to ConclusionEveryone’s love language can be different, and so is their personality, and circumstances. For example, someone can be extremely social, and outgoing, and his/her love language is quality time, however, due to their work or personal life, they cannot spend time with you, even though they want to.

October 25, 2023 13:35 UTC

President Abdel Fattah Al-Sisi has instructed to continue advancing the reforms related to fiscal and monetary policies and to enhance the role of the private sector in the development process. This is part of the state’s efforts to improve the overall indicators of the economy and diversify its production structure. He also instructed to create promising opportunities for attracting investments, which will help increase employment opportunities and GDP growth rates. President Al-Sisi also instructed to maintain intensive cooperation between the government and the private sector within the framework of the initiative to reduce commodity prices, and to overcome any obstacles that may hinder its implementation, in order to ease the burdens on citizens. He also said that President Al-Sisi was briefed on the efforts of cooperation with various international financial institutions in this regard.

October 25, 2023 09:23 UTC

The forecasted annual return for a USD 60/40 stock-bond portfolio over the next 10–15 years remains attractive at 7.0%, according to JP Morgan Asset Management’s 2024 Long-Term Capital Market Assumptions (LTCMAs). However there are clear opportunities to boost this outlook, the report indicated. “For instance, simply adding a 25% al__cpLocation to alternative assets can boost 60/40 returns by 60 basis points and improve the Sharpe ratio by approximately 12%. We are moving away from an environment with persistent disinflation, ultra-easy monetary policy, and fiscal restraint,” said John Bilton, Head of Global Multi-Asset Strategy, J.P. Morgan Asset Management. The LTCMAs provide a roadmap to steer through those moments and support our client’s long-term investment goals.

October 25, 2023 07:10 UTC

El-Sheikh said that EGX has already finished the basic system for the real estate bourse, as well as the settlement and linkage system with the real estate registry. The real estate bourse is a private market for transferring and trading real estate assets. It also enables investors and real estate companies to buy and sell shares in real estate assets or invest in specific real estate projects. He added that EGX started negotiations with the Real Estate Registry to launch a real estate registration unit within EGX’s headquarters. He emphasized that the real estate bourse will work in integration with real estate funds, which will help stimulate growth opportunities for the sector and its integration with investment funds and real estate companies.

October 24, 2023 23:00 UTC