Egypt called on the Israeli government to refrain from taking such escalatory steps, as they would have serious consequences on the humanitarian situation in the Gaza Strip. In this regard, Egypt called on the Security Council to fulfill its responsibility and stop this procedure. Egypt also called on the United Nations and international parties and organizations to intervene to prevent further escalation with unforeseen consequences in the Gaza Strip. Jordan has warned against attempts of expelling Palestinians from Gaza to Egypt and exporting the current crisis to the neighboring countries. He stressed that Egypt will exert its utmost efforts to alleviate the suffering of the Palestinian people, including delivering medical and humanitarian aid to the Palestinian lands.

October 13, 2023 18:51 UTC

Al-Azhar Al-Sharif has renewed its appreciation to the Palestinian people for their reclaiming their own land from the Israeli occupation. It also called for an international investigation into the war crimes that the Zionist entity has committed against children, women and the elderly in the besieged and isolated Gaza Strip. Hamas fighters launched their military operation to put an end to the suffering of the Palestinians due to the Israeli siege on the Gaza Strip and due to the intensive provocative actions by Israeli forces and settlers against the Palestinians in the West Bank and Jerusalem. Israel has 1,203 martyrs and wounded 5,763 others in the Gaza Strip, while in the West Bank, the number of the martyrs reached 29 people and about 180 injured. Egypt warned against the serious dangers of the continuous Israeli escalation against the Palestinians when the Israeli forces stormed and attacked many parts of the occupied lands in Jenin of the West Bank.

October 13, 2023 16:02 UTC

Daily News Egypt, Egypt’s leading independent English daily newspaper, has signed a cooperation agreement to join the TV BRICS International Media Network. The agreement was signed between Mohamed Samir, Executive Editor of the Daily News Egypt, and Janna Tolstikova, CEO of TV BRICS. “We are excited to partner with TV BRICS, a leading media platform for the BRICS countries. DNE, TV BRICS prospects for cooperationAnna Lisina, editor-in-chief of the TV BRICS website, noted the prospects for cooperation between the two media organisations. TV BRICS is an international BRICS media network with a potential audience of 3.5 billion people.

October 13, 2023 14:42 UTC

Khaled Ibrahim, the Chairperson of the CIT Chamber, said that the decision would affect the competitiveness and growth of Egyptian ICT companies, which rely on foreign currency transactions to pay for their services and products. This would undermine the Egyptian ICT industry and affect Egypt's ranking in various international indicators related to business and ICT. Meanwhile, mobile phone operators have informed their customers via text message that foreign currency transactions have been suspended through electronic payment wallets. The companies said that the online payment card can only be used for local transactions in Egyptian pounds. Sources in the mobile companies said that they have followed the CBE's decision, which was applied to the four mobile operators.

October 13, 2023 06:37 UTC

The Federation of Egyptian Banks (FEB) and the Ministry of Planning and Economic Development have signed a cooperation protocol to implement the activities of the women’s economic empowerment aspect of the national project for Egyptian family development. The protocol was signed by Engy Abaza, Director of the Economic Empowerment Axis of the National Project for Egyptian Family Development at the Ministry of Planning, and Mohamed Tharwat, Chairperson of the Financial Inclusion Committee at FEB. The cooperation protocol aims to support the state’s efforts to empower women economically as part of the National Project for the Development of the Egyptian Family. She also mentioned the ministry’s role as a national coordinator for implementing the national project for developing the Egyptian family, which includes empowering women economically and encouraging them to establish small and micro enterprises. She pointed out that, according to the protocol, the Ministry of Planning and Economic Development is committed to monitoring the access of women to the services and products provided by Egyptian banks.

October 12, 2023 21:03 UTC





Saudi Arabian soccer team Al Ittihad player Karim Benzema arrives in Jeddah, Saudi Arabia, in this handout photo obtained by Reuters June 7, 2023. "When the football project started here, it seemed like a huge project in all respects, and I wanted to be a part of it and help advance the game in Saudi Arabia, and this is one of the reasons that made me come here," Benzema said in an interview with the Saudi Pro League, posted on messaging platform X. "Also, Saudi Arabia is a Muslim country and they welcomed me with open hands, and I felt loved immediately. I am really surprised by the level in Saudi Arabia because in Europe we don't watch a lot of football matches here," the 35-year-old added. "But now there are lots of people (in Europe) who are watching the Saudi league after many big names were brought in."

October 12, 2023 18:03 UTC

Smart cities use a mix of technology and infrastructure to improve the lives of their residents. Role of AI and IoT in Smart CitiesIntegrating AI with the IoT in smart cities is a growing trend, changing how cities are managed and developed. With 5G’s rollout and the rise of IoT, AI software for smart cities is becoming a lucrative business. Smart cities are not merely about incorporating technology; they signify a transformation in the very essence of urban life. Various solutions, such as 5G, will play a pivotal role as they increasingly become the linchpin for the advancement of smart cities.

October 12, 2023 16:31 UTC

The Eritrean officials underlined the importance of furthering bilateral ties in various domains, Egyptian Foreign Ministry Spokesman Ahmed Abu Zeid. The talks also tackled the situation in Sudan in light of ongoing confrontations and their impact on Sudan and its regional neighbors. The conferees underlined the key role of Sudan's neighbors in addressing the crisis and drawing up successful solutions ensuring Sudan's stability and security. Meanwhile, Shoukry reviewed Egypt assessment of the deteriorating situation in the Gaza Strip and the dangerous escalation between the Palestinian and Israeli sides. He posted the Eritrean officials on Egypt's efforts at all levels to halt this escalation, put an end to the continued Israeli shelling of the Gaza Strip and open vistas for a new truce.

October 12, 2023 15:49 UTC

Mansour addressed the issue of food security, climate change, and sustainable development, and highlighted the importance of green investment and sustainable agricultural development. Mansour explained that she started the Ramsco project by using “green coal”, which is a unique way to reduce heat emissions. Moreover, it produces healthy food without using any pesticides. The food industry sector is a major contributor to Egypt’s non-oil exports, as it ranks third with a contribution of 13%. He also mentioned that the company has expanded its exports from Egypt, reaching about 45 countries around the world.

October 12, 2023 11:55 UTC

Egyptian President Abdel Fattah Al-Sisi met with Gianpietro Benedetti, the chairperson of Danieli, an Italian company that specializes in steel production equipment and technology on Wednesday. The meeting was attended by Prime Minister Mostafa Madbouly, Minister of Planning and Economic Development Hala El-Said, and Minister of Public Enterprises Sector Mahmoud Esmat. President Al-Sisi welcomed the cooperation with Danieli and other Italian companies, as part of the strong bilateral relations between Egypt and Italy. He also emphasized Egypt’s desire to increase the localization of industry and technology, deepen partnerships with the Egyptian private sector, and create opportunities for its growth and development. He also suggested establishing Italian technical centers in Egypt to train workers and transfer knowledge and skills to Egyptian cadres.

October 12, 2023 11:45 UTC

CAIRO - 11 October 2023: A report by the Egyptian Center for Thought and Strategic Studies revealed that the goal of the Egyptian approach to the security of its northern borders was development, after the end of the terrorist threat in North Sinai. Development and reconstruction have become the first line of defense for this region, through the implementation of an expanded development plan that addresses the developmental deficiencies that have taken root in most areas of Sinai. The state chose the most difficult option, which is to get rid of terrorism and launch the development efforts in all parts of Sinai, “the land of turquoise," both in parallel. The starting point for the comprehensive plan for the development of Sinai was through Presidential Decree No. This is in addition to the establishment of 2,794 Bedouin homes in several areas of North Sinai, and the development of unsafe areas in South Sinai, through the establishment of development clusters provided with integrated services.

October 11, 2023 15:39 UTC

CAIRO – 11 October 2023: President Abdel Fatah al-Sisi received Wednesday a phone call from Sultan Haitham Bin Tarek of Oman as they discussed the current escalation between the Palestinian and the Israelis, and its precarious consequences on regional security and stability in addition to the incurred humanitarian suffering sustained by civilians. The two leaders agreed on unifying efforts aimed at encouraging both parties to de-escalate and achieve pacification. They also briefed each other on the ongoing communications targeted at that goal. The two chiefs of state further stressed the necessity of pushing forward the two-state solution as a comprehensive and fair settlement to the Palestinian Cause, and as provided in the UN Security Council resolutions.

October 11, 2023 13:01 UTC

CAIRO – 11 October 2023: Egyptian high-profile security sources told Al Qahera News that the Palestinian Cause is taking a turn that is the most perilous in its history, as there is an obvious plan to achieve the goals of the occupation embodied in pushing the residents out of the occupied lands by pressuring them to make a choice between dying or getting displaced. The sources warned of the repercussions of the current crisis on the fundamentals of the Palestinian Cause and Palestinian rights. They added that there were players paving the way for the occupation’s plan by propagating proposals that are sullied historically and politically, and that were put forward by the occupation itself throughout the Arab-Israeli Conflict. The plan is moving Gaza residents to Sinai, the sources stated. The sources noted that Egypt had and will repel the plan of moving Gaza residents to Sinai, and that even Palestinians refute such scheme out of a willpower to not concede their land, adding that the Palestinian Cause is being currently terminated.

October 11, 2023 11:07 UTC

Concentrix, a leader in customer service and technology, and Webhelp, a global provider of customer experience and business solutions, announced the completion of their merger on Tuesday. The new company will operate under the temporary name “Concentrix + Webhelp” until a new name is chosen. The merger positions Concentrix + Webhelp as a global leader in the customer experience sector, with an expanded portfolio of AI solutions and digital capabilities. Chris Caldwell, CEO of Concentrix + Webhelp, expressed his excitement about the new journey ahead. They are Olivier Duha, an entrepreneur, co-founder, and former CEO of Webhelp, who will serve as Deputy Chairperson, and Nicolas Gheysens, a partner in Groupe Bruxelles Lambert (GBL), the company’s largest shareholder after the Concentrix + Webhelp merger.

October 11, 2023 08:51 UTC

The International Monetary Fund (IMF) has revised its projections for Egypt’s real GDP growth in 2023 and 2024, according to the World Economic Outlook report released in October 2023. The IMF expects Egypt’s economy to grow by 4.2% in 2023, down from 6.7% in 2022. The growth rate is further lowered to 3.6% in 2024. The report also predicts that Egypt’s inflation will rise to 23.5% in 2023 and 32.2% in 2024, compared to 8.5% in 2022. The report also notes that global growth will slow down from 3.5% in 2022 to 3% in 2023 and 2.9% in 2024, with headline inflation declining from 9.2% in 2022 to 5.9% in 2023 and 4.8% in 2024.

October 11, 2023 08:26 UTC