Ambassador Ehab Badawi, Assistant Foreign Minister for Multilateral Affairs and International Security, received Ambassador Sergei Vershinin, Deputy Foreign Minister of the Russian Federation for Multilateral Affairs, and his accompanying delegation, as part of the delegation’s visit to Cairo to consult on the most prominent issues of mutual interest related to international multilateral work. The role of the UN in addressing international and regional issues, as well as international peacekeeping and peacebuilding efforts in various countries were also discussed. The two sides discussed issues related to the challenges facing the multilateral work system, including the work entrusted to specialized international agencies. They also discussed UN efforts for nuclear disarmament and non-proliferation, including efforts to denuclearize the Middle East region, as well as efforts to prevent an arms race in outer space. During the consultations, ambassador Badawi reviewed the determinants of the Egyptian position in connection with the UN system’s handling of the current regional situations and crises.

May 17, 2023 21:18 UTC

Samir discussed the development of trade exchange between Egypt and these countries during 2022. The minister said that the volume of trade exchange between Egypt and Germany in 2022 amounted to approximately €5.5bn. Egyptian commodity imports from Saudi Arabia increased by 16%, reaching roughly $3bn in 2022 compared to about $2.58bn in 2021, according to Samir. The minister pointed out:“Egyptian exports to the French market increased by 136% in 2022, reaching €2.16bn, compared to about €917m in 2021. Egyptian exports to the United Kingdom achieved unprecedented growth during 2022, with an increase of 83%, amounting to £1.686bn, compared to about £921m in 2021.

May 17, 2023 20:20 UTC

Aladdin ElAfifi, Chairperson of Tanmeyah, commented:“I am pleased to announce Jinu Johnson's appointment as Tanmeyah's new CEO and to welcome him on board our NBFI platform's leadership team. He joined Tanmeyah from Mashreq Bank Egypt, where he was Senior Vice President & Acting Head of the Retail Banking Group. He continuedthe bankingjourney with Commercial Bank Qatar in multiple roles before moving to Egypt with Barclays Bank Egypt and Attijariwafa Bank Egypt. Jinu Johnson, CEO of Tanmeyah, commented:“I'm truly humbled to be appointed Tanmeyah's Chief Executive Officer and to be joining the EFG Hermes Holding group. Tanmeyah has proven to be an integral part of the Egyptian microfinance industry and the wider NBFI space.

May 17, 2023 19:42 UTC

CAIRO – 17 May 2023: Oman's Sultan Haitham bin Tarik will start a two-day official visit to Egypt on Sunday as per an invitation by President Abdel Fattah El-Sisi. During his visit, Sultan Haitham will discuss all aspects of cooperation between Egypt and Oman in order to boost their relations to a level that fulfills the desired goals in all fields and serves the two countries’ joint interests. The visit will also see discussions on regional and international developments between the two sides, the statement added. Deputy Prime Minister for Defence Affairs Sayyid Shihab bin Tarik Al Said, Minister of the Royal Court Khalid bin Hilal Al Busaidi, Minister of the Royal Office Sultan bin Mohammed Al Nu'amani will accompany the sultan during his trip. Also, Oman’s Foreign Minister Sayyid Badr bin Hammad Al Busaidi, Minister of Finance Sultan bin Salem Al Habsi, Minister of Trade Qais Al Youssef and Oman’s Ambassador to Egypt Abdullah bin Nasser Al-Rahbi will be among the delegation.

May 17, 2023 16:00 UTC

The conferees adopted the issuance of an educational guide for Islamic curricula on all academic levels, and the issuance of another guide for intellectual fortification, as well as an encyclopedia of Islamic values. Sheikh Al-Issa explained that the League of Universities is the most important and strongest academic focal point in the Islamic countries, pointing out that the League of Universities assumes qualitative global responsibilities in a new horizon. It was announced that the participants in the scientific committees recommended that the League of Islamic Universities is to issue an educational guide for Islamic curricula on all academic levels, a guide for intellectual fortification, as well as an encyclopedia of Islamic values. His Excellency Prof. Nabil Muhammad Tawfiq Al-Samalouti; Assistant Secretary General for Academic Affairs. The General Conference blessed what His Excellency; the President had decided, and asked Allah the Almighty for success for all of them.

May 17, 2023 14:05 UTC





The volume of financial transactions through the InstaPay application also increased significantly, since the bank joined the service in December 2022. Ghanem said that the bank adopted an ambitious expansion strategy in the field of digital transformation, by developing and modernizing the bank's technological structure and providing it with the latest digital systems through growing investments to meet the rapid and successive digital transformation, in order to enhance the policy of the state and the central bank to transform into a cashless society as the most secure, accurate and flexible way. He added that the bank was able, within a short period of time, to achieve clear achievements and steady steps towards digital transformation, with the aim of reaching the largest customer base and providing various banking services and products to meet their needs to support financial inclusion and enhance the culture of electronic payment. He affirmed the bank's keenness to launch many applications and electronic services, which are considered a breakthrough in the field of digital services such as the electronic wallet, the Internet and mobile banking, which provide more than 50 services directly to facilitate customers through these applications such as transferring money inside and outside the bank and opening accounts online, linking new certificates, managing customer cards, paying credit card debts and many other services, in addition to the InstaPay application, cash in & cash out services, and expanding the number of ATMs, which reached 440 machines in various governorates of the Republic, noting that the Bank has initiated huge investments to develop and update these applications and provide them with the latest digital systems to meet the rapid and successive digital transformation. In conjunction with the start of his new term as CEO, Ghanem stressed the continuation of implementing the digital transformation strategy during the next stage and adopting all developments in the field of financial technology, which supports the bank's vision and strategy to become one of the largest commercial banks in the Egyptian banking market.

May 17, 2023 13:21 UTC

Moreover, the council agreed to expand the issuance of the golden license and not limit it to companies working on strategic or national projects. They also agreed to amend the articles regulating the golden license to ensure that companies established before the investment law of 2017 may be granted the golden license. To address the difficulty of importing production requirements, a draft decision was approved to amend Law No. Within the framework of efforts to create a stable tax legislative environment, a draft decision was approved to accelerate the release of Egypt's tax policy document for the next five years. This includes agricultural, industrial, and energy sectors with regard to green hydrogen production, in addition to the housing sector, real estate developers and investment projects in new cities, as well as the transportation sector.

May 17, 2023 13:21 UTC

Foreign Minister Sameh Shoukry met on Wednesday with Tunisian Minister of Foreign Affairs, Emigration and Tunisians Abroad Nabil Ammar before the start of the ministerial meeting that is held in preparation for an Arab summit in Jeddah, Saudi Arabia. Spokesman for the Foreign Ministry Ahmed Abu Zeid tweeted that there is a deep and constant cooperation to boost bilateral relations between Egypt and Tunisia

May 17, 2023 10:51 UTC

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has launched its new direct-to-merchant service “networkpay” to promote financial inclusion and greater digital payment penetration in Egypt. The networkpay service simplifies payments for merchants, enabling them to accept electronic payments through different channels including both physical and digital, providing a fast, secure, and convenient way to make transactions. Committed to continuous innovation and improvement, with a focus on delivering new and enhanced features to the payment service, networkpay offers users a range of new features and functionalities that further enhance the payment experience over time. Andrew Key, Group Managing Director – Acquiring at Network International, commented: “With attractive demographics and a growing addressable market for digital payments, Egypt is a key growth accelerator for Network. Network has been at the forefront of driving digital payments acceptance and broader financial inclusion in Africa and with the introduction of networkpay we strive to provide a significant boost to Egypt’s economy by making payments more accessible to all.”

May 17, 2023 08:04 UTC

The Grand Egyptian Museum will organize its first-ever GEM Family Weekend event on May 26-27. The fun-filled event will be full of excitement with an Ancient Egyptian twist. The whole family will enjoy a variety of activities, including interactive games, ancient Egyptian-inspired arts and crafts, live music and entertainment, and more. GEM Family Weekend is a great opportunity for families to come together and create everlasting memories.

May 17, 2023 07:45 UTC

Amir-Abdollahian made the remarks during a meeting with UN Special Envoy for Syria Geir Pedersen in Tehran, the Iranian Foreign Ministry said in a statement. They also discussed the latest regional and international developments with regard to Syria, including the recent quadrilateral meeting in Moscow on working out a solution to the Syrian crisis. Amir-Abdollahian pointed to the recent visit by Iranian President Ebrahim Raisi to Damascus, saying the trip was an indication that Syria has reached a stage of lasting security. The minister also expressed gratitude to Pedersen for his work to promote peace and stability in Syria, while Pedersen commended Iran for its counterterrorism efforts and contributions to Syria's security and regional stability, according to the statement. Raisi, the first Iranian president to visit Syria since the outbreak of the Syrian war in 2011, visited Damascus in early May and held extensive political and economic talks with his Syrian counterpart Bashar al-Assad.

May 17, 2023 07:43 UTC

One of the methods used by physicians to estimate body fat in patients is the body mass index (BMI). Another form of fat accumulation is myosteatosis, which occurs when fat accumulates in the muscles. For this reason, Dr Nachit and colleagues sought to identify the association between myosteatosis and mortality risk, while simultaneously studying visceral fat, liver steatosis, myopenia (muscle wasting) and obesity. The absolute mortality risk at 10 years in individuals with myosteatosis was 15.5% compared to obesity (7.6%), liver steatosis (8.5%) or myopenia (9.7%). While the presence of other health factors, such as visceral fat and liver steatosis, was also associated with a higher mortality risk, myosteatosis remained the highest.

May 17, 2023 07:21 UTC

Today marks the birthday of Za’eem ( Leader) of cinema, TV drama and theater in Egypt aka Adel Emam. The legendary Emam is Egypt’s biggest actor for over four decades of box office hits, series, plays under his belt. The Yacoubian Building also earned him an International Jury Award at the São Paulo International Film Festival and a Special Mention for Actor in a Narrative Feature from the Tribeca Film Festival. The Dubai international Film festival awarded him twice the Lifetime Achievement Award, in 2005 and 2008. Emam was awarded as well the Golden Star in 2014 at Marrakech International Film Festival, the Golden Tanit in 2016 at the Carthage Film Festival and the Career Achievement Award from the first edition of El Gouna Film Festival.

May 17, 2023 01:12 UTC

The MoU was signed by Sabah Mashaly, Chairperson and Managing Director of the EETC, and Terje Pilskog, CEO of Scatec ASA. Minister of Electricity and Renewable Energy Mohamed Shaker stated that the MoU supports and strengthens cooperation frameworks between Egypt and the European Union, especially in the field of energy in general and renewable energy in particular. It also contributes to cooperation and coordination with regard to exporting electric energy to Europe through Italy. Sabah Mashali said that the scope of the MoU includes cooperation to start conducting studies in preparation for the implementation of a project to export renewable energy to Europe via Italy, using a marine interconnection line with a capacity of not less than 3 gigawatts. In addition to all necessary infrastructure elements, as well as determining the route of the submarine cable required for the project and the best method for its implementation within the framework of compliance with performance standards related to environmental and social sustainability.

May 16, 2023 23:45 UTC

The minister praised the program's keenness to extend the roots of cooperation with the health sector in Egypt, stressing the importance of consolidating and developing cooperation mechanisms, within the joint work programs aimed at supporting public health. within the joint activities of the two parties. He added that the minister discussed with the UNDP representative the expansion of joint health projects. He pointed out the importance of coordinating participatory efforts and providing health care to Egyptian citizens and Sudanese coming to Egypt in the fight against HIV and tuberculosis. The minister stressed the commitment of the Ministry of Health and Population to work to achieve the goals of sustainable development and to keep pace with the global goal to eliminate HIV diseases and tuberculosis.

May 16, 2023 23:01 UTC