Egypt - Trading over TAQA Arabia’s shares has been postponed until after Eid Al-Adha holiday, sources told Daily News Egypt. The sources added that the company was planning to start trading on its shares this week, and is awaiting approval of the disclosure report for trading. Trading the company’s shares shall not start until after it publishes the disclosure report approved by FRA. In all cases, it is not permissible to trade the company’s shares during the period from the date of temporary registration until the start of trading in these shares except with the approval of the Authority. The temporary registration is considered null and void in the event that the aforementioned period expires without fulfilling the rest of the conditions and requirements for registration.

An Egyptian court ruled that fugitive contractor Mohamed Ali, currently residing in Spain, be imprisoned for three years with a bail of LE 200,000 and a fine of LE1.35 million. The ruling came against the backdrop of the trial of 24 defendants, including the partners of Ali in Case #1530 of 2020. In a video on his Facebook page, Ali said: “Today was a determinate day for me. The most important thing is that you remain satisfied and happy.”“I love Egypt and love the people of Egypt. Egypt’s Tax Evasion Prosecution referred Ali in November 2019 to an urgent criminal trial on charges of tax evasion.

Egyptian Transport Minister Kamel al-Wazir announced that Alexandria Port has received the first batch of 19 new American locomotives, coming as of a deal to manufacture and supply 100 new engines for the Egypt National Railways (ENR) Authority. The entire contract of 100 tractors is set to be completed according during the first quarter of 2024. The deal comes within as part of the plan to support the rail traction force with 260 new tractors. The ENR has previously received 110 new locomotives from the American General Electric Company, which have operated on the railways to support the fleet of mobile units. The ENR inspects the locomotives by specialized technical committees, while subjecting them to continuous technical follow-up, to ensure their technical readiness.

Egypt’s Interior Ministry on Sunday announced the introduction of a multi-entry visa for foreigners, valid for a period of five years, allowing its holder to reside in the country for a maximum of 90 days in one trip. The ministry indicated in a statement, that the fees imposed on other entry visas, which are currently in force in Egypt, will continue without change. The Official Gazette published the decision of the Interior Minister to amend some provisions of Ministerial Resolution #31 of 1960 regarding visas. According to the decision, the value of the new visa is US$700. The ministry excluded countries that have bilateral or regional agreements with Egypt that include mutual exemptions from visa fees.

Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar; chaired the meeting of the Supreme Committee of the Population, Health and Development Conference (PHDC 23) and its subcommittees. The steps to review the national strategies to be launched during the conference were also discussed, most notably the national health strategy, the national population strategy, and the investment map for health. The minister directed that the national strategy for research be presented for discussion during the conference sessions. Moreover, the minister discussed with the medical committee the pillars of the medical insurance plan for the conference. The plan aims to protect the conference participants from any health symptoms or crises and providing ambulance and emergency services in a timely manner.

The Qatar Investment Authority negotiates over the purchase of a 30% stake of the Holding Company for Tourism and Hotels, sources told Daily News Egypt on Saturday. The company includes 7 hotels: Cairo Marriott, Aswan Cataract, Haram Mena House, Luxor Winter Palace, Alexandria Cecil, Movenpick Aswan, and Elephantine Aswan. The hotels company owned by the Ministry of Public Enterprises, which was included in a holding company between the Sovereign Fund of Egypt and the Ministry, comes within the government offering program that includes 32 companies, which was revealed by the Cabinet at the end of last February. The Qatar Investment Authority is conducting advanced negotiations with the Sovereign Fund of Egypt about several potential deals in the Egyptian market, and Qatar deposited one billion dollars in the Central Bank last year under the balance of deals expected to be implemented. Egypt seeks to enhance direct foreign investment flows during the current period in which the country faces a currency shortage crisis, and seeks to return to the path of the International Monetary Fund program.

As a neighboring country to Sudan, Egypt has been keen since the beginning of the conflict to open its borders for those fleeing the conflict, Shoukry said. Egypt has received over 250,000 Sudanese people, representing 60 percent of those who fled the conflict, Shoukry said. This is in addition to 5 million Sudanese people that Egypt has hosting since before the conflict for long decades. Egypt has been keen to provide the Sudanese people fleeing the conflict with basic health and education services, Shoukry noted. Shoukry urged the international community to implement its commitments toward Sudan and provide urgent relief assistance to the Sudanese people.

EiTESAL for Information and Communication Technology has announced the launch of a technical training initiative in the field of information technology for persons with disabilities. Hossam Megahed, Chairperson of EiTESAL, said that the organisation cooperated with the German Agency for International Cooperation (GIZ) to offer training opportunities for people with disabilities in preparing for employing them in telecommunications and technology companies. About 300 people are trained to improve skills of information technology and other fields required by the labor market. The Minister of Communications praised the technical training initiative in the field of information technology for persons with disabilities. It aims to support research and development, train people with disabilities, qualify them technologically, and make them ready for the labor market.

CAIRO – 19 June 2023: Egypt’s Ministry of Foreign Affairs has formed a special working group to receive information about the victims of the illegal migration shipwreck off the Geek coast in the Mediterranean Sea. Families of the victims and missing persons can contact the working group to provide information that helps identify the victims, said the Ministry in a statement on Monday. Relatives can meet the working group staff at the headquarters of the Office of Consular Affairs for Citizens, Foreigners and Certifications at 7 Lazoghli Street - Garden City - Isis Building, First Floor – Cairo. Or relatives can contact the group staff on the following phone numbers: 02-27923050/02-27923060/02-27954305. On June 13, the IOM said that about 3,800 people lost their lives on migration routes in the MENA region in 2022.

June 19 (Reuters) - Spain midfielder Rodri was named the UEFA Nations League’s Player of the Tournament after his side edged Croatia 5-4 in a penalty shootout at the Feyenoord Stadium on Sunday. The 26-year-old was named the Champions League’s Player of the Season just over a week ago when he helped treble-winners Manchester City win the elite club competition for the first time by scoring in the final.

Are you ready to delve more and more into the magical world of the 1990s? Part two from the highly anticipated series “Revo” will be released exclusively on WATCH IT on June 21. Season two will house the star-studded cast of season one including Amir Eid, Tamer Hashim, Sedky Sakhr, Rakeen Saad, Hassan Abouelrouss, Mina Elnaggar, Sarah Abdelrahman and Amr Gamal.

Actress Rakeen Saad announced the release date of the second season of THE “Rivo” series, which will be shown on the “WATCH IT” platform on June. “Rivo 2, from the original WATCH IT works, will be shown starting from June 21, The story is not over,’ she wrote. The season features a star-studded cast including Amir Eid, Rakeen Saad, Hassan Abul-Roos, Tamer Hashem, Sarah Abdel-Rahman, Malak al-Husseini, Muhammad al-Mula, Sedky Sakhr, Mina al-Naggar, Hisham al-Shazly, Amr Gamal, Youssef Hashish, Maryam Badawi. The second season is a journey that explores the missing details between Maryam’s late father and her mother (Laila), who suffers from advanced Alzheimer’s. Maryam decides to take her mother to her father’s old chalet in al-Ajami, Alexandria, hoping that Laila will regain some of her previous memories.

[Egypt, Cairo, 14 June] – Huawei today launched a new smartwatch with an innovative design and functional combination – the HUAWEI WATCH Buds. The HUAWEI WATCH Buds is compatible with Huawei devices as well as other Android and iOS devices. HUAWEI WATCH Buds are small yet mighty – built with dual microphones with audio pickup and a bone conduction sensor. Professional exercise modesThe HUAWEI WATCH Buds inherits the sports and fitness technology present in Huawei’s long-running line of AI-powered wearables. The HUAWEI WATCH Buds has also expanded its usage boundaries, enabling access to a wide array of apps via Watch AppGallery.

India’s Prime Minister, Shri Narendra Modi, will pay a state visit to Egypt from 24-25 June. This will be the Prime Minister’s first visit to Egypt. India and Egypt, two of the world’s oldest civilizations, have had a history of close contact since ancient times. Moreover, India’s engagement with Egypt expands its horizons into Asia, while Egypt provides India with a gateway to Africa and the Mediterranean,” he explained. According to a source who spoke to Reuters, the agreement between Egypt and India would enable Egypt to purchase goods using rupees.

CAIRO - 18 June 2023: Minister of Health and Population Khaled Abdel Ghaffar discussed during a meeting Sunday with Representative of the World Health Organization (WHO) in Egypt Naima al-Qaseer preparations for Egypt hosting the International Conference on Population and Development slated for Sept. 5 in the New Administrative Capital under the auspices of President Abdel Fattah El Sisi. Spokesman for the Ministry of Health and Population Hossam Abdel Ghaffar said the meeting took up the topics expected to figure high on the gathering's agenda, along with WHO's support to the event, especially amid great care attached to health, population and development issues and their great impact on peoples' health and welfare. The minister highlighted current major challenges besetting the entire globe that require further international cooperation and integration to address all issues, he said. The two sides also followed up preparations for WHO Secretary General Tedros Adhanom Ghebreyesus participation in the four-day event to help render the conference a success and press ahead with efforts aimed at serving health and population-related issues as they constitute a major challenges for developed as well as developing countries, added the spokesman