First Abu Dhabi Bank has announced the launch of its electronic payment portal “Access” to facilitate transactions for companies; small, medium, and micro enterprises; and e-commerce platforms, and help them achieve sustainable growth. The “Access” portal is the latest electronic payment solution that suits the needs of all business categories, including owners of e-commerce websites and merchants of social media platforms, as it enables them to accept electronic payments via the Internet, follow up on their transactions and manage their payments easily and safely, in addition to providing website tools solutions, and payment link services to help create online stores easily and professionally. Shmeis Fakhry, Head of Electronic Channels and Electronic Payments Acceptance Products Department, said: “We at First Abu Dhabi Bank Egypt are keen to provide the latest solutions and services to all segments of society in Egypt, in a way that suits the needs of each of them individually, as the Access portal comes within the framework of our strategy to support businesses from all walks of life and help them enhance their competitiveness and ensure their sustainable growth by taking advantage of the digital economy, which will reflect positively on economic growth in Egypt.”Mariam Al-Samni, Head of the Retail Banking Sector at First Abu Dhabi Bank, added: “The new electronic payment gateway embodies the capabilities of the bank and the parent group to lead the digital transformation process in the banking sector in Egypt, being the safest bank in the region and with its great expertise and capabilities that enable it to provide various solutions. It is suitable for various business needs, foremost of which is the security standards that characterize the new portal, as the new portal provides 3D protection for all financial transactions, within the framework of our firm commitment to support the country’s efforts to achieve digital transformation and financial inclusion in Egypt.”This portal represents the bank’s firm commitment to supporting all segments of Egyptian society, especially the youth, in addition to strengthening the state’s efforts to achieve digital transformation and financial inclusion, as basic axes of the bank’s sustainability strategy, as the new portal ensures various segments of society can access banking services and electronic payment solutions with easy procedures and the highest safety standards.

May 28, 2023 17:52 UTC

Basil Rahmi, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), has announced that the agency provides various training programmes to develop medium and small industrial enterprises in a number of important productive sectors, with the aim of helping them expand, increase production, raise the efficiency of their products and develop them, which increases their ability to export. Rahmi explained that the agency is currently cooperating with the German Agency for International Cooperation (GIZ), one of the largest development institutions, to implement an integrated training program for industrial projects within the “Innovation in the Private Sector” project. He stressed that the agency is keen on cooperating with various international and donor agencies to provide support for the owners of SMEs, and implement the state’s directions to develop this sector and focus on industrial projects as well as increase their productive capabilities. Owners of companies, SMEs, and customers of MSMEDA can apply for these courses free of charge no later than 31 May, especially industrial companies or suppliers in the food, chemical, engineering, and packaging and printing industries. One of the top conditions is that the company is already established, registered and has been operating for at least three years.

May 28, 2023 15:13 UTC

CFI Financial Group has revealed its intention to expand in four new countries within five months, bringing the total countries of operation to 14 before the end of 2023. The company’s management revealed, in an interview with Daily News Egypt, that it provides its services in London, Larnaca, Dubai, Amman, Beirut, and Port Louis. Hisham Mansour, CEO of the company, said that Egypt was the 10th country in which CFI expanded. CFI Financial Group operates globally with 8 international licences from top-tier regulators such as the FCA in the UK, CySEC in Cyprus, and the Dubai Financial Services Authority in the UAE, and is currently expanding into emerging markets. CFI Group launched its operations in Egypt at the end of last week, to be an integrated investment platform that provides all financial services.

May 28, 2023 09:37 UTC

TikTok has announced its first-ever Book Awards for 2023, celebrating all things literature that has captivated the social media platform. TikTok announced nine awards categories they will be handing accolades out for, including BookTok Book Of The Year, BookTok Author Of The Year, and Best Book I Wish I Could Read Again For the First Time. Candice Brathwaite, award-winning author and TikTok Book Awards Judge, said: “As an author, there’s nothing better than to see people discussing and debating your book. I love going to TikTok to find unfiltered reviews and recommendations, so it’s great to be giving this community the chance to have their say through the TikTok Book Awards for UK and Ireland. TikTok Book Awards:BookTok Creator Of The YearBookTok Book Of The YearBookTok Author Of The YearBest BookTok RevivalIndie Book Shop Of The YearBest Book to End A Reading SlumpBest Book I Wish I Could Read Again For The First TimeBookTok Cover of The YearBookTok Livestreamer of The Year

May 28, 2023 08:06 UTC

CAIRO – 28 May 2023: The Egyptian Meteorological Authority (EMA) has advised people with respiratory problems to stay indoors as many areas across Egypt are expected to see dust storms on Sunday. Dust storms are expected to continue on Sunday nationwide, especially in the Red Sea mountains, southern Egypt and open areas in Greater Cairo and Lower Egypt. The EMA also expects light to moderate rain that can turn into thunderstorm in the northern coasts, Lower Egypt and Suez Canal cities. Moreover, moderate rain can turn into thunderstorm in southern Egypt. Average temperatures based on the EMA expectations:- Cairo and Lower Egypt – Highs: 33 - Lows: 20- Northern coasts – Highs: 27 – Lows: 19- South Sinai – Highs: 35 – Lows: 23- Northern Upper Egypt – Highs: 35 – Lows: 22- Southern Upper Egypt – Highs: 40 – Lows: 25

May 27, 2023 21:53 UTC





EFG Hermes Holding announced today that it has successfully rebranded to EFG Holding to ensure the brand evolves in line with the Group’s expansion across three distinct verticals: EFG Hermes the investment bank, EFG Finance the non-bank financial institutions (NBFI) platform, and aiBANK the commercial bank. In addition, the name change on the group level will entail changing the EFG Hermes Foundation’s name to become the EFG Foundation. Today, EFG Holding stands as a trailblazing financial institution providing boundless financial opportunities with a universal bank in Egypt and the leading investment bank franchise in Frontier and Emerging Markets (FEM), consistently offering customers best-in-class, end-to-end financial services. Through this franchise, EFG Holding provides its broad base of individual, institutional, and government-backed clients across the globe with a holistic suite of advisory and capital management services in FEM. The investment bank is co-led by Mohamed Ebeid, CEO of the sell side, and Karim Moussa, CEO of the buy side.

May 27, 2023 16:58 UTC

He explained that talking about the government’s commitment to increasing the participation of the private sector in the Egyptian economy is not within the prerogative of the CBE. He explained that there is a dedicated programme to attract the private sector investment. It will ensure not only the offering of 32 companies for private investments with a total of $40bn, but that private sector investments will significantly exceed this target. The CBE governor explained that, as an Egyptian citizen, he believes that the Egyptian private sector has always enjoyed strength, as the state supports it and encourages it to expand continuously. Abdalla said that Africa enjoys the highest return on investment in the world for the private sector.

May 27, 2023 16:58 UTC

President Sisi said that the stability of Sudan will have positive results not only for the Sudanese people, but also for all regional parties, adding that Egypt affirmed the utmost importance of close coordination with neighboring countries to resolve the crisis and restore security and stability in Sudan. “Egypt has received about 150,000 Sudanese citizens to date since [the outbreak of the crisis in Sudan], in addition to hosting [already] about 5 million Sudanese citizens,” said President Sisi, calling on relief agencies and donor countries to provide the necessary support to neighboring countries. 2- The necessity of preserving the national state institutions in Sudan to protect the state from the danger of collapse. The role of regional parties is to help stop the conflict and achieve consensus on resolving the causes that led to it. 4- The necessity for coordination to deal with the humanitarian repercussions of the Sudanese crisis as they extend beyond the borders of Sudan.

May 27, 2023 14:27 UTC

File- Thee new cases of polio have been recorded in Syria, the WHO says, blaming under-immunisation in the war-wracked country. Vaccination -- like this in Afghanistan -- is simple and relatively cheapCAIRO - 27 May 2023: Egypt is completely free of cases of polio, said Advisor to the President for Health and Prevention Affairs, Mohamed Awad Taj El-Din, o Saturday. In comments to “Good Morning Egypt,” talk show, Taj El-Din said that the state is still vaccinating children, whether Egyptians or those coming from abroad. Egypt has launched numerous polio vaccination campaigns to inclue Egyptian and non-Egyptian children with the aim of keeping the country free from the disease. Egypt has not recorded any polio case since 2004, according to officials.

May 27, 2023 14:06 UTC

(Reuters) - Liverpool forward Mohamed Salah said he was "totally devastated" that they had failed to secure Champions League qualification and that the club had let the fans down. Last season, Liverpool finished just a point behind Premier League champions Manchester City but failed to mount a challenge in the current campaign due to injuries and a run of poor form. "I'm totally devastated," Salah said on Twitter. We had everything we needed to make it to next year's Champions League and we failed. Liverpool play at Southampton in their final game of the season on Sunday.

May 26, 2023 23:32 UTC

This came during his participation in the annual meetings of the African Development Bank Group, held in Sharm El-Sheikh from 22 to 26 May. With its efforts, it seeks to develop mechanisms for financing small enterprises, and expand technical services that would ensure the continuity and success of these enterprises. The meeting also discussed increasing cooperation between the agency and the African Development Bank to develop entrepreneurship and strengthen the digital infrastructure to support MSMEs in Egypt. The theme of the 2023 Annual Meetings is“Mobilizing Private Sector Finance for Climate and Green Growth in Africa”. It presents an opportunity to discuss Africa's challenges in attracting private sector financing in environmentally friendly investments and the practical policies that governments can deploy to expand the attraction of these investments.

May 26, 2023 12:42 UTC

The resorts offer animation programs for children of different ages, with pools featuring water slides and children's pools. Multilingual caretakers are available to look after children, allowing parents to relax and enjoy their holiday with peace of mind. Families can enjoy a range of activities in Egypt, such as sports activities like mini golf, beach football, and volleyball. For water activities like diving, snorkeling, or kite surfing, there are beginner courses as well as special children's courses available. Families can also find a variety of activities in the cities, such as water parks, amusement parks, safari tours, and aquariums.

May 26, 2023 10:41 UTC

Egypt's relationship with the African continent can be traced back to the leadership of Gamal Abdel Nasser, who was a staunch supporter of African liberation movements. For example, Egypt played a leading role in the establishment of the African Development Bank (AfDB), which was created to promote economic development in Africa. For example, Egypt has been an active participant in the African Union's peacekeeping missions in various African countries, including Somalia, Sudan, and South Sudan. On Africa Day, Egypt joins other African countries in reflecting on the continent's progress and challenges. The country has been actively involved in peacekeeping missions in African countries, including South Sudan and Somalia.

May 26, 2023 10:29 UTC

The number of migrants and refugees hosted by Egypt has grown to nine million, especially after the recent crisis in Sudan, the spokesperson for the Foreign Ministry Ahmed Abu Zeid announced. Foreign Minister Sameh Shoukry met in Geneva with the UN High Commissioner for Refugees, Filippo Grandi on Thursday, Abu Zeid added. Refugees are provided in Egypt with basic services, especially in health and education, he stressed. Abu Zeid added that the two sides discussed ways to enhance cooperation and partnership between Egypt and the UNHCR in light of the enormous burden borne by the Egyptian government from hosting about nine million migrants and refugees. Egypt has so far received 121,000 Sudanese people, most of them women, children and the elderly since the conflict in Sudan erupted.

May 26, 2023 07:36 UTC

CAIRO - 26 May 2023: The Egyptian National Council for Women (NCW) launched an awareness media campaign within the framework of the project "Addressing the Economic Motives of Illegal Immigration." Egypt Today publishes the details of the campaign and its objectives, as follows:1- The campaign aims to raise awareness of the importance of economic empowerment of women and youth. 2- It sheds light on the dangers of illegal immigration. 5- It includes a number of animated videos that are published on the official social media pages of the National Council for Women. 12- The project aims to implement awareness activities to highlight the risks associated with illegal immigration based on previous efforts.

May 26, 2023 07:09 UTC