Ayman ElKousey, MIDAR Managing Director and CEO, said that this step is a continuation of the major successes achieved by the company over the past period, as one of the first companies that applied the concept of the master developer“cities developer”, which prompted New Cairo area to become a point of attraction for leading real estate developers in Egypt and abroad with their different specializations. He affirmed that the company's broad activities and its achievement of major growth rates were the nucleus to build on what was accomplished in this domain. He revealed that MIDAR obtained the required security approvals for establishing the first police station at Mostakbal City, providing a firing platform, and rapid intervention vehicle, promoting security system and civil protection besides educational, medical, commercial, administrative, entertainment, international hotels facilities, banking services, gasoline stations, and other vital facilities. It has contracts with Hassan Allam Properties, Tatweer Misr, Al-Ahly Sabbour for Real Estate Development, Misr Italia, Arab Developers Holding, Wadi Degla Developments, Maxim for Investment, and Arab Contractors, with the objective of developing residential projects of areas surpassing 100 feddan. The city also embraces other residential projects that are implemented in an area of not less than 100 feddan that are developed by Ardic Developments, Beta Egypt for Urban Development, Grand Plaza for Real Estate and Tourism Investment, and Housing and Development Properties, affiliated to the Housing and Development Bank.

Egypt will host a summit of Sudan’s neighbouring countries this week, to discuss ways to end the current conflict and its negative repercussions on neighbouring countries, according to a statement by the official spokesperson of the Egyptian presidency on Saturday. The summit, which is expected to be held on Thursday 13 July, aims to reach effective mechanisms with the participation of neighboring countries, to settle the crisis in Sudan peacefully, in coordination with other regional and international tracks to resolve the crisis. The Rapid Support Forces (RSF) accused the Sudanese army of carrying out the raid. On Friday, the Sudanese army launched heavy air raids in various parts, concentrated north of Khartoum in the vicinity of Jisr al-Halfaya and Jisr Shambat, and the neighbourhoods of Maamoura and Arkuit in eastern Khartoum. In the meantime, the Saudi-US mediation efforts are ongoing to bring the war rivals to the dialogue table in order to fulfil the obligations they made to reach a ceasefire.

Minister of Communications and Information Technology Amr Talaat has said that 45 villages in Menoufeya have been connected with optical fiber cables, out of a total of 81 villages in the governorate. During his visit to Menoufeya, the Minister of Communications visited the Digital Egypt Creativity Center “Creativa”, which was established by the Ministry of Communications and Information Technology at Menoufeya University. Through this center, students can be properly equipped for the local and global labor market in information technology. He pointed out that the goal of establishing the Egypt Creativity Center at Menoufeya University is to create communication and networking between students, graduates, and university professors. Heba Saleh, Head of the Information Technology Institute (ITI), highlighted the institute’s activities within the Menoufeya Digital Egypt Creativity Center and the training programs it provides to the people of the governorate.

The trains' model is Desiro HC and produced by Siemens Mobility. The model has a speed of 160 kilometers per hour, and will be operated on the four lines of the project. The manufacturing by Siemens began in November 2022, as the deal provides that the delivery would start by the end of 2024. The company will be supplying 175 trains, divided into 41 passenger trains whose speed is 250 kilometers per hour; 94 passenger trains whose speed is 200 kilometers per hour; and, 120 freight trains whose speed is 120 kilometers per hour. The construction of some of the first phase's stations, such as those of Ain Sokhna, New Alamain, and Matrouh, is over.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) and the Agricultural Bank of Egypt (ABE) have signed a new financing contract worth EGP 60m, within the framework of the Egyptian Family Development Initiative “Bab Rizq”, funded by the French Development Agency’s (AFD) “Supporting Women to Finance Micro Enterprises” initiative. Hala El-Said, Minister of Planning and Economic Development, said that the Egyptian Family Development Initiative aims primarily to improve population and control its growth rates, in order to help the Egyptian society benefit from the fruits of development. Alaa Farouk, Chairperson of the Agricultural Bank of Egypt, affirmed the bank’s keenness on directing all efforts to achieve rural development, in implementation of the directives of President Abdel Fattah Al-Sisi and the goals of the presidential initiative “Decent Life”. It was launched by ABE be a financing source for rural women and breadwinners in rural villages. Bab Rizq has so far succeeded in providing financing to about 44,521 customers in all governorates, at a value of more than EGP 463.8m.

CAIRO - 9 July 2023: Egypt will host a summit for Sudan neighbors on Thursday to discuss means of ending the current crisis in Sudan and its negative repercussions on the war-torn country, in addition to outlining a mechanism for involving the neighboring countries in working out a peaceful settlement, said Presidential Spokesman Ahmed Fahmy. The summit will be held in coordination with regional and international partners to work out solutions for the crisis, he explained. Spokesman Ahmed Fahmy asserted that President Abdel Fattah El Sisi was keen on formulating a common vision for Sudan's direct neighbors with the aim of taking steps to settle the crisis, stem the peoples' bloodshed along with avoiding the negative impact of the crisis on stability and security of neighboring states and maintaining Sudan's territorial integrity

CAIRO - 9 July 2023: President Abdel Fattah El Sisi on Sunday witnessed a swearing-in ceremony of Counselor Hosni Hassan Abdel Latif Abu Zeid as President of the Court of Cassation, Counselor Hafez Ahmed Abbas Mohamed as Head of the Administrative Prosecution Authority and Counselor Mosaad Abdel Maqsoud Bayoumi as Head of the Egyptian State Lawsuits Authority. During the ceremony, the president stressed the important role played by those esteemed judicial bodies in establishing justice and upholding the rule of law, said Presidential Spokesman Ahmed Fahmi. President Sisi bestowed the Order of the Republic of the first class on judge Mohamed Eid Mohamed Mahjoub, the former president of the Court of Cassation, counselor Adly Abdel Fattah Zayed, the former head of the Administrative Prosecution Authority, and counselor Mohamed Mohamed Bakr, the former head of the State Lawsuits Authority. The president expressed sincere appreciation of the great efforts made by the former judges throughout their long career in judicial work.

Dessil Mekhtigian's FROM THE WORK OF THE DEVIL is scheduled to screen at the Yerevan International Film Festival's 20th edition — which will be running from July 9th to the 16th — where it will be competing in its Apricot Stone Section. In a statement, Dessil Mekhtigian expressed her pride and gratitude for the selection of her latest work to compete for a Golden Apricot. Mekhtigian, who has Armenian roots, described the film as a personal journey that brought her back to her home country for the first time. “I am very proud and touched that my film is in competition at a festival in my motherland," Mekhtigian said. "This film was made in search of my roots and I am overwhelmed with joy for the chance to go back to my home country for the first time.”Produced by Karim Mekhtigian, FROM THE WORK OF THE DEVIL stars Dessil Mekhtigian, Ali El-Sabh, Maria Saba, and Lala Shamamian.

The Central Bank of Egypt (CBE), which undertakes this task on behalf of the government, will offer T-bills and bonds worth EGP 341bn in July, more issuances worth EGP 425.75bn in August, and others worth EGP 340bn in September. According to the plan, the ministry is scheduled to offer T-bills worth EGP 295.5bn for a period of 91 days, EGP 243.5bn for a period of 182 days, EGP 224.5bn issuances for a period of 273 days, and EGP 310.5bn offer for 364 days. The banks operating in the Egyptian market are the largest sectors investing in bonds and treasury bills that the government offers periodically to cover the state budget deficit. These bonds and bills are offered through 15 banks that participate in“primary dealers” system in the“primary market”. The Ministry of Finance recently revealed that the volume of outstanding balances of local treasury bills and bonds amounted to about EGP 4.3trn in April 2023.

The first edition of Agro Egypt Expo, under the strategic sponsorship of the Chemicals and Fertilizers Export Council (CEC), kicked off Saturday 8 July and will continue until 11 July. Chairperson of CEC Khaled Abu Al-Makarem highlighted the Council’s keenness to provide a platform for the sector’s companies to showcase their products through their participation in the Agro Egypt Expo. Abu Al-Makarem added that the council contributes to financing and supporting small and micro companies that are members of the CEC to participate in specialised international exhibitions. He noted that the export council pays efforts in cooperation with Egyptian Commercial Service offices abroad, embassies abroad, and the Council’s counterparts to bring in delegations of buyers on the sidelines of the exhibition and hold bilateral meetings between investors from different countries of the world and their Egyptian counterparts. The CEC’S CEO Mohamed Mageed stated that Egypt’s exports of fertilizers to various countries of the world achieved a growth rate of approximately 42% in 2022, reaching a $3.38bn, compared to about $2.4bn in 2021.

The Korean Cultural Center in Egypt organized the 2023 edition of the Korean language Speech and Writing Contest for students of the King Sejong Institute. Oh Sungho, Director of the Korean Cultural Center, expressed his happiness at organizing the Contest, noting that the Korean language learners have been generally growing in Egypt as many young people enthusiastically seeks to learn and commanding it, while exploring Korean Culture. ‘The Center plans to expand the Korean language education through accepting more applicants in the seasonal courses while opening new branch of King Sejong Institute in another city’ he added. After the evaluation of the jury composed of experts in teaching the Korean language, the results of the Contest were announced. The King Sejong Institute, a government-funded Korean language centre for foreigners, was established in 2007, with only 13 centres in three countries.

The first group of Egyptian pilgrims of this year, 2023, boarding the plane to Saudi Arabia- press photoCAIRO – 8 July 2023: Egypt's flagship carrier (EgyptAir) operated 21 flights, on Saturday, to transport Muslim pilgrims from Saudi Arabia to the homeland. The company announced in a statement that 8 flights from Jeddah and 9 flights from Medina to the Cairo International Airport, in addition to two flights from Jeddah to Alexandria’s Burj Al Arab Airport, and two other flights from Jeddah to Bamako in Mali. EgyptAir started its air bridge for the return of the pilgrims from Saudi Arabia after performing the rituals of Hajj [the pilgrimage], on July 1. The Hajj ritual ends with the celebration of Eid Al-Adha (Feast of Sacrifices), which is the most significant feast for Muslims worldwide. The Adha honors the day when Prophet Ibrahim -peace be upon him- was ordered to sacrifice his son, Ismael, and because of his obedience, God substituted Ismael with a ram, and this day has become a feast for Muslims since that day.

The Council of Muslim Elders will hold the second edition of the Youth Peacemakers Forum in Geneva, Switzerland, on 5-14 July. A total of Fifty young men and women from various countries will participate in this forum to promote peace and understanding. The Council of Muslim Elders has stated that the forum is designed to be inclusive and welcoming to all. Jerry Pillay, the General Secretary of WCC, expressed his delight in being one of the three organizers of the Peace Makers Youth Forum. The Forum is an important initiative of the Council of Muslim Elders, based on their goal to promote and uphold peace, coexistence, and positive interaction.

ThreadsWith its simple black and white feed, and features that let you reply, love, quote and comment on other people’s “threads”, the similarities between Threads and Twitter are obvious. We’ve been here beforeIn October of last year, Twitter users looked on helplessly as Elon Musk became CEO. The ability to retain community in an app that provides a similar experience to Twitter is what makes Threads the biggest threat yet. Challenges aheadOf course, Twitter users may also be concerned about jumping from the frying pan into the fire. The letter alleges former Twitter employees hired by Meta were “deliberately assigned” to “develop, in a matter of months, Meta’s copycat ‘Threads’ app”.

1- Singapore AirlinesSingapore Airlines has been named Airline of the Year 2023 by the ATW Airline Industry Achievement Awards for the third time. It is part of the Lufthansa Group which includes airlines such as Austrian Airlines, Brussels Airlines, Eurowings and Swiss International Air Lines. It offers meals on board the luxury plane, and includes in-flight entertainment including movies, TV series, audio-books and music, in addition to pre-checking baggage for all flights. The product rating includes seats, amenities, food and beverages, in-flight entertainment, cleanliness, and more, while the service rating includes both cabin and ground personnel. Passengers can enjoy checked baggage, in-flight entertainment, fine dining, and other amenities included in every ticket.