The Ministry of Finance has announced that the first batch of the sixth phase of the lump-sum export subsidy payment initiative will start next week. Sabbour explained that the exchange procedures are carried out through four banks, namely the NBE, and Banque Misr, Banque Du Caire, and the Egyptian Export Development Bank. She added that more than EGP 42bn have been disbursed to exporting companies, since the start of initiatives, to pay the late dues to exporters at the Export Development Fund in October 2019 until now. The sixth phase of the initiative was very popular with companies. This aims to expand productive and export activities, especially in light of the exceptional circumstances in the global economy.

Their handling of objects looted during the colonial period, especially from Africa, is seen as an indicator of the political relations between Europe and African nations. International advances by other former colonial powers like France, Germany and Great Britain in the restitution debate also created impetus. To this day, some conservative positions glorify the Belgian colonial period as a justified and philanthropic undertaking. A new law was passed that provides a framework for the return of looted objects. Next stepsThe restitution of looted objects from former colonies in Africa is an essential component of a post-colonial reparation.

The Council of the Arab League has called for urgent Arab action through visits, contacts, and sending high-level joint and bilateral messages to the Security Council, its members, and international decision-making centers. The council also called for the implementation of the Security Council resolutions and the UN General Assembly resolution and for holding Israel, the occupying power, responsible for the consequences of its aggression against the Palestinian people. This was stated in a resolution of the Council of the Arab League, which held an extraordinary session chaired by Egypt at the headquarters of the Arab League to discuss ways to stop the ongoing and escalating Israeli aggression against the Palestinian people throughout Palestinian cities, camps, and villages. This includes the continuous Israeli aggression on the city and camp of Jenin and other areas in the occupied West Bank. The Council of the Arab League affirmed the centrality of the Palestinian cause to the entire Arab nation, and supported the inalienable rights of the Palestinian people, foremost of which is their right to self-determination, return, and compensation for Palestinian refugees.

An extra-ordinary meeting of the Arab League (AL) Council kicked off on Tuesday 04-July-2023, in Cairo to discuss the situation in the Palestinian city of Jenin in light of the ongoing Israeli aggression there. Participants in the meeting observed a minute of silence to mourn the Palestinian martyrs who were killed during the Israeli assault. The AL Council convened at the request of Palestine and in coordination with Egypt and Jordan. The participants will review effective Arab and international action to stop the Israeli aggression and provide protection for the Palestinian people.

In the workplace, we meet all kinds of people: the good, the bad, and the ugly; and the ugly can range from too-faced, to straight-up ugly. Yet, the most annoying kind of ugly is that one coworker who constantly steps on your toes. Monitor The PatternBefore forming an opinion or building a judgment on whether your coworker is stepping on your toes. Whenever you’ve been stepped over, subtly hint that they should mind their own business. But the truth is if you don’t draw the line and if you become lenient, they will step over more and more.

CAIRO - 5 July 2023: Foreign investors will be able to register as importers in Egypt, according to a draft law approved by the cabinet Thursday. As per decisions made during a meeting of the Supreme Investment Council on May 16, 2023 to attract foreign investors, the draft law stipulates that the importer register is permitted for joint-stock companies, partnerships limited by shares, limited liability companies, or partnerships in which the shares or stakes of the partners are not owned by Egyptians. However, if Egyptians own just below 51%, the company may register. The total registration term should not exceed 10 years from the date of enforcement the new law. Registration may be extended for another term of 10 years if recommended to the cabinet by the minister of trade.

Egypt’s Healthcare Authority announced that more than 46,000 newborns underwent audiological examination in the four comprehensive health insurance governorates: Port Said, Luxor, Ismailia, and South Sinai. This came within the president of the republic’s initiative for early detection of hearing impairment in newborns. After conducting the initial examination of children, if any symptoms are proven in the newborn, he is transferred to the audiology unit of the authority in the governorates of the comprehensive health insurance, each in his governorate, with the aim of following up and evaluating the child’s condition more accurately, and then starting medical treatment. In a statement on Tuesday, the authority pointed out that the nursing teams in the health facilities affiliated with the authority were trained to work and examine newborns during their first month by using the sound emission device and re-examination again after another week in the event that the device showed problems or hearing impairment in the newborn. The authority also stressed the importance of going to health units and centres that provide early detection services for hearing impairment for newborns in the three governorates, for all newborns from the age of one day to 25 days, each in his governorate, in the interest of the safety and health of our children.

Egypt - The Egypt Education Platform of the EFG Hermes and the Sovereign Fund of Egypt (TSFE) is preparing to add two new schools under its management. Sources told Daily News Egypt that the platform is in advanced negotiations to manage two new schools in Cairo. The new schools will add about 3,000 students to the current capacity of about 21,000 students for a total of 20 schools and nurseries. The Platform, owned by TSFE and the Financial Group Hermes, acquired a majority stake in Selah Al-Telmeez, for an official EGP 646m, last January. Daily News Egypt

CAIRO – 4 July 2023: In a meeting with Prime Minister Mostafa Madbouli, CEO of the Egyptian Space Agency Sherif Sedky stated Tuesday that Egypt's MisrSat 2 will be launched from China in October. The remote sensing satellite was delivered to Egypt in March, as it was subject to tests at the agency's Assembly and Integration Center headquartered in the New Administrative Capital. Those included electrical tests, dynamic loading simulation of the satellite's space model, electromagnetic harmony test, simulation of space environment, and communication tests. The agency's CEO underlined the great experience accumulated by Egyptian cadres running such tests in collaboration with Chinese experts. That is in addition to creating an economic function of the Egyptian Space Agency by providing services in the fields of satellite design, assembly, integration, testing, and high-resolution imaging.

Minister of Finance Mohamed Maait has said that about $32bn worth of imported goods and products were released from various Egyptian ports during the past five months. He added that the automation of the customs system accelerates custom release procedures for goods, to achieve the strategic goal of transforming ports into transit ports only, not places for storage. This would effectively contribute to reducing production costs and stimulate the business community to expand investment activities. It would also protect markets from low-quality goods that do not conform to European and American specifications. The aim of that is to ensure the speedy release of goods.

Chairperson of the Egypt Healthcare Authority, General Supervisor of the Comprehensive Health Insurance and Decent Life projects at the Ministry of Health and Population, Ahmed El-Sobky, announced that the healthcare infrastructure in the governorates of the first phase of the Comprehensive Health Insurance System amounted to more than EGP 34bn. He indicated that the cost of the comprehensive health insurance project in the governorates of the first phase exceeded EGP 53bn. This coincided with the passage of 4 years since the launch of the trial operation of the comprehensive health insurance system from Port Said governorate, in early July 2019. He pointed out that the first phase includes the development of more than 50 hospitals and more than 300 family medicine centres and units in six governorates. El-Sobky also said that the completion of the comprehensive health insurance project and its extension to the rest of the governorates is a top priority for the state.

You are back to the office, sitting in front of your laptop, trying to figure out how and where to start. Because we feel your pain, here are some tips that can make the post-holiday work slump somehow better. You’ve been slacking off for day so you might feel overwhelmed just by thinking of all the things you need to get done. As you try to dive right back in after the holiday, you need to create a clear atmosphere for yourself. Work on one task at a time.

The Ministry of Immigration is preparing to launch the fourth edition of the Egyptian Expatriates conference, scheduled to be held on July 31. Gendy stressed the importance of linking immigration policies with the development process, by creating an attractive investment climate to encourage Egyptian expatriates to invest in Egypt. It also reviews achievements made from activating financial policy tools to encourage an increase in the rates of cash transfers in hard currency by Egyptian expatriates, to support achieving the goals of the sustainable development in Egypt. A presentation will be held on the establishment of the joint stock company for the investments of Egyptian expatriates in response to their demands in the previous 2022 edition of the conference. The second session, which addresses politics and education, discusses the importance of the participation of Egyptian expatriates in national dialogue.

CAIRO - 4 July 2023: Egypt and Turkey have announced the elevation of their diplomatic relations to the ambassador level. Egypt has nominated Amr Al-Hammamy as its ambassador to Ankara, while Turkey has nominated Salih Mutlu Şen as its ambassador to Cairo. This move comes as a result of the joint decision made by the two countries' leaders to improve their diplomatic relations. The decision to raise diplomatic relations between Egypt and Turkey is a significant development, given their recent history of strained relations. Turkey nominated Salih Mutlu Sen for the top diplomatic post in Cairo.

The Al-Ahly Club will provide buses to transport Ahly fans to Borg al-Arab stadium in Alexandria, to support Al-Ahly football team against al-Ismaili team, Al-Ahly club’s board of directors, headed by Mahmoud al-Khatib, announced. The gathering of Ahly fans will begin at 12 pm, in front of the gates of the club’s branch in Sheikh Zayed, and the buses will depart to Alexandria at 1:30 pm. Each fan should bring the match ticket and their “fan ID” card, according to Al-Ahly management’s announcement. Items that puts the safety of the fans and facilities at risk are prohibited, whether during travel or during the match. Ahly opens new branchAl-Ahly Sporting Club President Mahmoud al-Khatib revealed that the opening of the club’s branch in the Fifth Settlement will be June 1st.