On Monday the price of the US dollar continued to stabilize across Egyptian banks for the fourth consecutive week. Globally, the dollar index recorded a new rise in the stock exchange by 0.11 percent. “If the US Federal Reserve does not fix the interest rate, it will raise by a maximum of 25 basis points, which will attract more investments to the dollar,” he added. In televised statements, Shawky explained that this step would negatively affect the performance of other currencies worldwide, especially emerging markets. He anticipated a rise in the price of the dollar in Egypt in the coming period by no less than ten percent.

April 11, 2023 14:21 UTC

FILE- FM Sameh Shoukry receives Turkish FM Mevlüt Çavuşoğlu at the Egyptian Foreign Ministry premise at Tahrir Palace in Cairo on March 18, 2023- press photoCAIRO – 10 April 2023: Turkish Foreign Minister Mevlüt Çavuşoğlu announced today, Monday, that it is likely that Egyptian Foreign Minister Sameh Shoukry will go to Turkey this week. In an interview with A Haber T.V., Çavuşoğlu said that Shoukry will visit Turkey soon, perhaps this week, adding that the details of the visit will be announced next Wednesday, adding that there are developments regarding the return of the ambassadors of the two countries to their work. During Shoukry's visit, we can take steps to appoint ambassadors,” he was quoted as saying. Both countries downgraded their diplomatic ties and expelled the ambassadors in 2013 after Turkey slammed Egypt for ousting the pro-Muslim Brotherhood late President Mohamed Morsi. Shoukry visited Turkey on February 27 to show solidarity with Ankara against the earthquake disaster that hit southern Turkey and northwest Syria and claimed the lives of more than 46,000 people.

April 10, 2023 20:48 UTC

At least one person was killed and 30 injured, many seriously, when a passenger train carrying about 50 people derailed in the Netherlands early Tuesday after hitting construction equipment on the track, Dutch emergency services said. Rescue teams were seen ferrying away the injured in pre-dawn darkness at the scene of the accident at Voorschoten, a village near The Hague. The front carriage of the night train from Leiden city to The Hague derailed and plowed into a field after the accident, ANP news agency said. Earlier reports said the passenger train had collided with a freight train. “This is an incredibly tragic accident,” Voorschoten Mayor Nadine Stemerdink said.

April 09, 2023 01:40 UTC

Egypt has announced that it will host the 12th World Urban Forum in 2024, during the first session of this year of the Executive Board of the United Nations Human Settlements Program (UN-Habitat) in Nairobi, Kenya. He said estimates of urban developments in Egypt indicate that 69% of its people will live in cities by 2041. This requires Egypt to adhere to the program’s urban development agenda and work to develop smart solutions to urban challenges in order to achieve a better urban future. On the other hand, the Permanent Representative of Egypt welcomed the delegations of States to participate in the 12th World Urban Forum, hosted by Cairo in November 2024. The World Urban Forum is the world’s largest urban development event, the first of which was launched under the UN Human Settlements Program in 2001 to discuss ways to address the challenges of accelerated urbanization.

April 08, 2023 21:08 UTC

The first day of the “Ramses the Great and the Gold of the Pharaohs” exhibition at the Grande Halle de la Villette in Paris, on Friday, brought in visitors who flocked from all over France to visit. It is the first time that the sarcophagus of King Ramses II is displayed outside Egypt in this exhibit, which comes in appreciation of the French scientists who providing assistance in the restoring the mummy of King Ramses II in 1976. It features a set of videos that tell the history of King Ramses II and the battles he led, as well as virtual visits that take the visitor on a journey through history with King Ramses II. The exhibition also allows the chance for its visitors to tour the Abu Simbel Temple and Nefertari’s tomb through virtual reality technology. The exhibition will continue in Paris until September 17.

April 08, 2023 12:43 UTC





The Industrial products company on Friday signed a contract with the National Company for Animal Production of the National Service Projects Organization to establish Egypt’s first factory to generate electricity from bioenergy (biogas) in Sadat City. The factory will annually process 85,000 tons of cattle dung to produce one megawatt/hour of electricity to be connected to the national electricity grid. The factory also contributes to reducing greenhouse emissions by about 5,000 tons of carbon dioxide. The factory represents fruitful cooperation between the private sector and state agencies in electricity production from livestock dung, which is worthy of replication in various other sectors, especially with regard to new and renewable energy. This in turn contributes to the dissemination of biogas technology among students in an academic and research field.

April 08, 2023 11:35 UTC

Furthermore, the two federations will participate in the third economic and trade exhibition in Hunan, China, and FEDCOC will participate in the Arab-German Business Forum, which will be held at the beginning of June in the German capital, Berlin. Ibrahim El-Araby, the President of FEDCOC and UACCIAP, stated that the federation will participate in economic events held in China with a promotional mission. Additionally, it is scheduled to arrange bilateral meetings for the business community of the two countries to discuss bilateral and multilateral cooperation between Egypt, China and the countries of the continent. As for participation in the Arab-German Business Forum, El-Araby noted that the forum is a platform that brings together Arab and European business leaders, experts and economic decision-makers to discuss global trade challenges in light of successive political changes and economic crises since COVID-19 fallout, which had negative effects on the global trade movement. It was the first spark for a group of economic crises, which caused a decline in global trade by about 30%, and even the Russian-Ukrainian war and Western sanctions on the Russian economy, which created waves of widespread inflation in energy and food prices in various countries of the world.

April 08, 2023 05:40 UTC

As of the end of December 2022, total assets grew by 55% compared to 2021 to reach EGP 206.45bn, whereas net income from fees and commissions surged by 40% achieving EGP1.48bn. Meanwhile, net income from interest stood at EGP7.08bn to record a rise of 35% compared to FY2021. It is worth noting that the comparative results, FY2022 vs. FY2021 are based on the figures of First Abu Dhabi Bank Egypt and Bank Audi for FYE2021 vs FABMISR merged entity in 2022. We are committed to continuing our plans to achieve this strategy during the upcoming financial year. Moreover, FABMISR's social responsibility strategy features great support for various fields, especially sports, art, culture and sustainability.

April 08, 2023 05:06 UTC

Egyptian actress and TV presenter Sherine El Tahan passed away on Friday after a long struggle with cancer. The funeral will be held on Friday after noon prayers at the Fatma El Sharbatly Mosque in Fifth settlement. El Tahan was transferred to the intensive care unit in one of the hospitals because her health condition has deteriorated from cancer complications. #Egypt | #مصر #شيرين_الطحان

April 08, 2023 00:00 UTC

CAIRO – 7 April 2023: Preliminary information shows that three were killed including two Egyptians and 40 people were injured in a bus accident that took place in Saudi Arabia’s holy city of Mecca, the Egyptian Foreign Ministry said on Thursday. The bus carried 50 Egyptian passengers who were heading to perform the Umrah rituals when it crashed on Al-Jumum Road in Mecca, the ministry added in a statement. The members of the Egyptian Consulate in Jeddah headed to Mecca to provide the necessary consular support, check on the condition of the injured, and provide them with the necessary health care, the ministry said. The consulate continues to provide all assistance to the injured and their families throughout the day through an emergency operations room at the mission's headquarters, the statement added. The Ministry of Foreign Affairs also extended its sincere condolences to the families of the deceased and wished a speedy recovery to the injured, while committing to providing support to them and their families.

April 07, 2023 23:24 UTC

“I can’t wait to watch you discover the world,” a message that US billionaire and Microsoft founder, Bill Gates, addressed to his granddaughter in the first photo he published of himself with her on Facebook. Gates’ granddaughter, one month old, was born on March 4, 2023, to his daughter Jennifer and her husband, Egyptian equestrian champion Nael Nassar. Earlier, Jennifer Gates announced that she and her Egyptian husband welcomed their first child. Jennifer and Nael first announced the news of her pregnancy in November 2022, when they published a photo of Jennifer wearing an olive dress, announcing that she was pregnant. Photo credit: Official Instagram account of Jennifer Gates.

April 07, 2023 14:57 UTC

Syrian star Gamal Suleiman has great and important works that achieved fame and great success, and through which he won many important awards and honours. He is considered one of the most important stars of TV drama in Syria, and achieved great success in many Egyptian TV series. This year, he starred in the Egyptian TV series “Umla Nadira”, another Upper Egyptian drama, which was the reason for his popularity in Egypt. Are you not afraid of criticism because of the repetition of the Upper Egyptian character in your TV series? I have previously collaborated with Medhat Al-Adl in two important series, “Kesat Hob” and “Al-Sharawe Al-Kaliyya”, and this series is the third work that brings us together.

April 07, 2023 09:03 UTC

Khaled Mahmoud Abbas, the Chairman of the Board of Directors and Managing Director of the Administrative Capital Company for Urban Development. During the visit, Ambassador Al-Rahbi discussed the piece of land allocated for the project of the Embassy of the Sultanate of Oman in the Diplomatic Quarter at the new capital. On March 29, 2023, Egypt's Prime Minister Mostafa Madbouly affirmed the need for completing the gradual relocation of ministries to the New Administrative Capital, a Cabinet statement read. A number of ministries already moved in full to the government district in the New Administrative Capital, Madbouly stressed during the weekly Cabinet meeting in the new capital. The New Administrative Capital, under construction since 2015, is located east of Cairo and is set to house millions of people when completed.

April 06, 2023 16:21 UTC

CAIRO - 6 April 2023: The Egyptian Ministry of Health and Population issued important advice on the uses of antibiotics, as it advised not to take antibiotics in cases of cold and flu. The Ministry of Health and Population said antibiotics are used to kill bacteria or stop their growth, while flu is caused by viruses. The Ministry of Health and Population said that the overuse of antibiotics increases the chances of the emergence of antibiotic-resistant bacteria. The Ministry of Health and Population had announced a number of common errors in the use of antibiotics, which lead to antibiotic-resistant bacteria. - When you use antibiotics that were prescribed to another person, or for another condition that had the same symptoms previously.

April 06, 2023 15:51 UTC

Actresses are preparing to compete in the second half of Ramadan 2023 drama season with TV series, including Mona Zaki, Menna Shalaby, Donia Samir Ghanem and Ghada Abdel-Razek, as their fans await their works, in which they present new female models in Ramadan drama. Mona Zaki in “Taht al-Wesaya”Actress Mona Zaki is preparing to compete in the second half of Ramadan drama season with the series Under Guardianship “Taht al-Wesaya,” which consists of 15 episodes. During the series Zaki plays the role of a woman who was forced to live like men in order to work and take care of her family. “Taghyeer Gawo” starring Menna Shalaby, Ahmed Malik, Eyad Nassar, and it was written by Mona el-Shimi and directed by Maryam Abu-Aouf. The series “Telt al-Talata” belongs to the genre of works of mystery, crime and suspense, and it consists of 15 episodes.

April 05, 2023 18:56 UTC