Ecowas leaders gave the Nigerien military junta an ultimatum to cede power within seven days of 30 July or face a military intervention. However, hopes of a Nigeria-led Ecowas military intervention in Niger now appears dim. Why military intervention is unlikelyThere are three main reasons why the use of force is becoming more unlikely. A military intervention in Niger which could result in a full blown war would embolden terrorist groups. Way forward for NigerSince military intervention to restore democracy is unlikely, diplomacy remains the only solution.

Mountain View also recently launched its North Coast project (LVLS) and is expected to have high sales growth in Q3. Emaar was not in the top 10 for the first time, achieving total sales of EGP 8.85bn. However, in July, Emaar generated EGP 10bn following the launch of its latest project,“Soul” in the North Coast. Saudi Egyptian Developers (SED) achieved EGP 8.8bn in sales, driven by its“Marina M8” project with sales of EGP 4bn. Al-Ahly Sabour generated total sales of EGP 6.7bn, doubling its sales in comparison to the same period last year.

CAIRO – 8 August 2023: The Egyptian Medicines Authority dispatched the first shipment of pharmaceutical products from a group of Egyptian companies to Zimbabwe, on Monday, according to a statement from the Egyptian Authority,The shipment was sent in light of a tripartite partnership between Egypt, Zimbabwe and the UAE, the statement added. A memorandum of understanding was signed between the two Egypt and Zimbabwe in May 2023; it contributes to the entry of high-quality Egyptian pharmaceutical products into the state of Zimbabwe. Head of the Egyptian Medicines Authority Tamer Essam voiced Egypt's aspiration to deepen the joint relations between the two countries, stressing the strategic importance of the state of Zimbabwe, which is the main gateway for the entry of Egyptian pharmaceuticals into South African countries.

China’s central bank was the biggest buyer, adding 195 tons of gold to its reserves, followed by Singapore’s central bank, which added 75 tons. Saxo Bank said that the record gold buying by central banks comes as inflation is rising around the world, and as geopolitical tensions are increasing. Maersk warns of global trade downturnDanish shipping and logistics group Maersk warned on Monday that it expects global trade to contract in the coming months. The FAO said that the increase in food prices was driven by higher prices for cereals, sugar, and vegetable oils. The FAO warned that the increase in food prices could have a negative impact on food security in developing countries.

YaSchools, a Saudi startup specializing in educational management solutions, has successfully closed a $600,000 Seed round of funding from a group of angel investors. YaSchools offer the region’s first-of-its-kind platform to manage the educational ecosystem, acting as the facilitator between all stakeholders—such as schools, teachers, and students—involved in the educational process. The platform utilizes big data, artificial intelligence, and financial technologies that can assist in processing tasks in an autonomous and fast-paced manner. Since the launch of micro-lending services in early 2023, YaSchools has received financing requests worth more than $40m. Currently, YaSchools has 1,750 registered schools and serves 2,500 teachers and more than 92,000 parents.

Beijing – China State Construction Engineering Corporation (CSCEC) stated that it cares about developing all Egypt’s areas and to keep cooperation and coordination with Egypt due to long relations between Egypt and China. During a meeting with Egyptian journalists in CSCEC headquarter in Beijing, the company said that it has enjoyed a strong friendship with Egypt for a long time for more than 20 years of cooperation. The company added that this cooperation stems from the strong relations between Cairo and Beijing, not only in the field of construction but in all other infrastructure fields. CSCEC has a responsibility to strengthen cooperation with Egypt in the future going beyond the development of the Central Business District at New Administrative Capital and its Iconic Tower and New Alamein skyscrapers. The company said: “We are very interested in the great development that Egypt is witnessing, especially in recent times.”© 2022 Daily News Egypt.

The top 10 real estate developers in Egypt reported total sales of EGP 168bn in the first half of 2023 (1H 2023), an increase of 88% from the same period last year, according to a report by The Board Consulting. Mountain View also recently launched its North Coast project (LVLS) and is expected to have high sales growth in Q3. Runners-up outside the ‘Top 10 list’• Emaar was not in the top 10 for the first time, achieving total sales of EGP 8.85bn. • Saudi Egyptian Developers (SED) achieved EGP 8.8bn in sales, driven by its “Marina M8” project with sales of EGP 4bn. • Al-Ahly Sabour generated total sales of EGP 6.7bn, doubling its sales in comparison to the same period last year.

Egypt’s President Abdel Fattah Al-Sisi received on Monday Sultan Mofaddal Seif El-Din, the Sultan of the Bohra sect in India, and granted him the Order of the Nile, in appreciation of his continuous efforts in Egypt on the cultural, charitable and societal levels. The Dawoodi Bohras are a religious denomination within the Ismā’īlī branch of Shia. The meeting was attended by Abbas Kamel, the Head of the Egyptian General Intelligence Service, and Mufaddal Muhammad Hassan Ali, the representative of the Bohra Sultan in Cairo, in addition to his sons, Jaafar Al-Sadiq Imad Al-Din, Taha Najm Al-Din, and Hussein Burhan Al-Din. Ahmed Fahmy, the official spokesperson for the Presidency of the Republic, stated that the president welcomed Mofaddal Saif Al-Din as a dear guest of Egypt, praising the historical relations between Egypt and the Bohra sect. Bohra’s Sultan expressed his deep appreciation for Egypt.

CAIRO – 7 August 2023: Egypt’s President Abdel Fattah al Sisi met with the Sultan of Bohra Community in India, Mufaddal Saifuddin, who was accompanied by his sons Prince Ja’far El-Sadiq Imadduddin, Prince Taha Najmuddin, and Prince Husain Burhanuddin. According to Presidency Spokesperson, Ahmed Fahmy, the meeting was also attended by Chief of the General Intelligence Service, Major General Abbas Kamel, as well as the Sultan’s representative in Egypt, Mufaddal Mohammad. President Sisi welcomed Sultan Mufaddal Saifuddin as a dear guest of Egypt, and lauded the historical relations between Egypt and the Bohra community. Sultan Mufaddal Saifuddin commended the ongoing progress realized under the President's leadership as well as the development achievements realized across various fields in Egypt. President Sisi awarded Sultan Mufaddal Saifuddin, Sultan of the Bohra community, the Nile Sash, in recognition of his ongoing efforts in Egypt at the cultural, charitable and community levels.

Auto-Cure is a B2B e-commerce platform founded in 2022 serving independent pharmacists in Alexandria, Egypt. The Company was founded by Mohamed Rezk and his cofounder Amr Kamel, Mohamed Rezk will be joining as a partner at Grinta and leading the Commercial Team. Mohamed Rezk, Founder and CEO of Auto-Cure shares,“Joining hands with Grinta is incredibly exciting for us, our commitment to digitizing the market and delivering customer satisfaction has led us to joining Grinta's brilliant team. Auto Cure has dispatched 5,000 orders and served 450 pharmacies over the past 18 months. Auto cure is a startup digitizing the pharmaceutical market through a multivendor B2B platform.

CAIRO – 7 August 2023: Sudanese Foreign Ministry spokesperson Khaled Ibrahim described the Sudanese-Egyptian relations as ‘firm’ on Monday. He expressed his thanks in televised statements to Egypt and President Abdel Fattah al Sisi for supporting the Sudanese people. He pointed out that the Sudanese Foreign Ministry is open to all initiatives, and that there is communication between Sudan and all of its neighboring countries. The meeting of the ministerial mechanism is anticipated by million of Sudanese people, who are intimidated daily by the unabated fighting nationwide, Shoukry said. He added that: "Millions of hopeful Sudanese people; those who are remaining in their homeland, the ones who are abroad and those who fled the scourge of war to the neighboring countries, deem the initiative as the last resort".

The Ministry of Education and Technical Education on Saturday announced its schedule for the 2023/2024 academic year. This academic year is scheduled to start from Saturday, September 30 until Saturday, June 8, 2024, covering different educational stages of government and private schools. First semesterThe first semester is scheduled to start on September 30, until Thursday, January 25, 2024. The first semester exam for basic competencies exam for transfer classes in technical education schools (Jadarat) will start on Tuesday, January 9, 2024. Second semesterThe second semester will start on Saturday, February 10, 2024, until Thursday, June 6, 2024, while the start of the second semester exams for the transfer and preparatory certificate classes will be on Saturday, May 25, 2024.

Egypt’s Minister of the Environment Yasmine Fouad and Minister of Tourism and Antiquities Ahmed Issa discussed on Sunday ways to enhance cooperation between the two ministries to support the environmental and sustainable tourism products and regulate activities in natural reserves. The meeting also discussed ways to enhance joint efforts to further integrate the environmental dimension into the tourism sector in Egypt, in addition to mechanisms to confront and limit poaching activities, eliminate any wrong practices, and spread environmentally friendly practices that contribute to restoring the efficiency of the ecosystem. During the meeting, Fouad reviewed the most important axes of the Ministry of Environment’s work to develop nature reserves, raise the quality of services provided, and integrate the surrounding communities. The Minister of Environment drew attention to the importance of marketing eco-tourism, referring to the “Eco Egypt” and “Stories from Its People” campaigns, which shed light on eco-tourism in nature reserves and the local communities in them, with their distinctive culture and heritage. Recently, the Tourism Ministry has completed the evaluation and licensing of a number of environmental hotel establishments in Siwa Oasis, Matrouh governorate, which are the first environmental hotels to be evaluated in accordance with the Egyptian requirements and standards approved for evaluating ecolodge hotels.

The ministry didn’t provide a reason for the change in rules, however Modi has aggressively pushed his “Make in India” campaign, which promotes local manufacturing in a bid to create more jobs. India’s electronic imports stood at $19.7 billion in the April to June period, up 6.25% from the same period in 2022, according to Reuters. Its large and young labor force makes the country a big draw for global companies seeking alternative manufacturing hubs to China. Earlier this year, India’s commerce minister, Piyush Goyal, said Apple was already making between 5% and 7% of its products in India. Foxconn, the world’s largest contract electronics maker and a key supplier to Apple, is also looking to expand its manufacturing operations in India.

At least 10 cars of a passenger train derailed in Pakistan’s southern Sindh province on Sunday, killing at least 30 passengers while injuring over 100 others, government and police officials said. He said that critically injured people will be transported to the southern port city of Karachi for better treatment. Minister for Railway Khawaja Saad Rafique told the media that authorities are investigating the incident and the possibility of “sabotage” can be ruled out. Affaq Rao, an eyewitness, told Xinhua he was working in the fields when he heard a strange loud bang. After the train derailment, train operations were suspended, affecting the routine of many trains, with railway authorities saying that it may take up to 18 hours to restore operations.