CAIRO – 15 December 2022: Egyptian Engineer Abdul Ghaffar el-Sayyed Abdul Ghaffar was selected as the vice-president of the Committee on Aviation Environmental Protection (CAEP) of the International Civil Aviation Organization (ICAO). Egypt is the first Arab and African country to be elected for the second time in a row in this specialized committee. The voting came during a meeting of the Environment Committee of ICAO that was held in São Paulo, Brazil, earlier this week. “This victory confirms Egypt's pioneering role in the field of environmental protection […], especially after its honorable success in organizing the major global event, COP 27, which was held in Sharm El-Sheikh last November,” said Minister of Civil Aviation Mohamed Abbas in a statement on Thursday. During COP27, the Ministry of Civil Aviation participated in a session held by the ICAO regarding the ambitious global goal for international aviation to reach zero carbon emissions by 2050, MENA reported.

The cabinet’s Information and Decision Support Center highlighted efforts exerted by the Sovereign Fund of Egypt to carry out ten projects in 2021 at total investments of 25.5 billion Egyptian pounds, according to a report by IDSC on sovereign funds and sustainable development Thursday. The Fund’s share hits nearly 3.9 billion Egyptian pounds and the local private sector’s share reaches approximately 6.1 billion Egyptian pounds and that the foreign private sector’s portion is 15.4 billion Egyptian pounds, added the report. The report spotlighted the notion and establishment of sovereign funds to achieve sustainable development. The report tackled the establishment, goals and efforts of the Sovereign Fund of Egypt and the most important successful international experiments of sovereign funds. Five sub-funds of the Sovereign Fund of Egypt were set up, according to the report.

CAIRO – 15 December 2022: President Abdel Fatah al-Sisi met Wednesday with U.S. Secretary of Defense Lloyd J. Austin III at the Pentagon, expressing eagerness for reinforcing Egypt's strategic partnership with the United States, particularly in the realms of defense and security, in light of the exceptional circumstances experienced by the region and the world. On his side, the secretary of state said that the United States would continue to work with Egypt and neighboring states "to strengthen interoperability, integrated air and missile defense and maritime security" necessary to defend the people and territory, the Pentagon indicated in a statement. Austin also commended Egypt for its cooperation with the United States to achieve shared security objectives, and for its role in securing a ceasefire between Israel and Gaza. I am also delighted to meet Mr. Lloyd Austin, the U.S. Secretary of State. My sincere wishes to our friend, the United States, of all well-being, peace, progress, more development and prosperity."

The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed Wednesday that the trade exchange between Egypt and the United States increased to $7.3bn in the first nine months of 2022, compared to $6.5bn during the same period in 2021, a growth of 13.4%. According to the agency, the most important commodity groups that Egypt exported to the United States during 9M 2022 were garments worth of $1.1bn, plastics and their manufactures worth of $136.5m, carpets and floor coverings worth of $117.4m, vegetables worth of $83m, and glass worth of $68.7m. CAPMAS said that the US investments in Egypt increased to $9.2bn during fiscal year 2020/21, compared to $7.7bn in FY2019/20, an increase of 19.8%. According to the agency, the number of Egyptians residing in America reached 1.5 million in 2021. © 2022 Daily News Egypt.

Visa is dedicated to empowering small- and women-led entrepreneurship in Africa through its operations and community programs. Today, an estimated 500 million people in Africa are without access to formal financial services, less than 50% of the adult population made or received digital payments in Africa, and more than 40 million merchants do not accept digital payments. “Africa is experiencing an unprecedented digital acceleration, with a growing number of consumers, merchants and businesses realizing the benefits of secure and convenient digital payments to fuel commerce and money movement,” said Aida Diarra, Senior Vice President, of Visa Sub-Saharan Africa. Visa has 10 offices across Africa from which it supports payments in all 54 countries. Collaborating, with partners, to advance financial literacy in several languages, including the first Arabic version of Practical Money Skills in Egypt.

It is a low-hanging fruit because a lot of the solu-tions, technologies and products needed to improve energy efficiency globally already exist today. Mohamed Salem, how would you describe the role that energy efficiency is playing in industry nowadays? The management of energy and improving energy efficiency has long been important for industry, houses, Transportation and commerce. It took many other surnames going from energy conservation, energy management, carbon reduction until reaching the energy efficiency phase we are living in today. Improving industrial energy efficiency is the quickest way for a business to cut energy costs without compromising performance and productivi-ty.

By providing youth with the skills they need to safely and responsibly navigate digital spaces, the program empowers students to leverage the infinite potential of an increasingly digital world, while safeguarding their wellbeing. Hence, the importance of the Agency’s schools’ participation with META in working together on this”. Joelle Awwad, Head of Policy Programs, Meta commented: “A generation of digitally-savvy youth is defining the future of the MENA region. At Meta, we believe that online safety is fundamental to that progress; My Digital World is our commitment to achieve this. Hence, CCE is placing a significant effort and emphasis on digital safety in partnership with META and UNRWA that will lead to sustainable, scalable and a safe digital educational ecosystem that works for the MENA region,” he added.

Mobile phone giant Samsung produced its first phone manufactured in Egypt, a move that will help reduce the prices of this type of phone in Egypt, the Vice President of the Mobile Phone and Satellite Division in Egypt Walid Ramadan announced. Ramadan told Al-Masry Al-Youm that Samsung opened a mobile phone factory in Beni Suef, becoming the fourth company after Seiko, Vivo, and Nokia to open factories in Egypt. This represents a major shift in the mobile phone industry and a step that will save millions of dollars used in the import of these commodities, he said. Internet lines sold in Egypt annually reach more than 60 million, mobile phone SIMs about 95 million, and wallets 17 million. He added that factories specialized for mobile services such as chargers, headphones and other phone accessories are planned in the future, to eventually turn Egypt into a hub for mobile phone manufacturing.

CAIRO - 14 December 2022: Egypt offered condolences to the Democratic Republic of Congo over the death of over 100 people in floods and landslides. In a statement on Wednesday, the Foreign Ministry underlined Egypt's support for Congo in confronting flash floods and landslides that his the country, leaving behind victims and severe structural damage. Egypt condoled with the families of the victims and wished those injured speedy recovery.

The Woman with OrnamentsThe burial recently discovered in the Northern General Cemetery was of a woman wrapped in fabric and plant fiber. The Egyptian-English archaeological mission has unearthed a collection of gold jewelry at Tel el-Amarna, a pharaonic city south of Egypt. Speaking about the burial, Dr Stevens explained: “Her burial is located at the Amarna North Desert Cemetery in the low desert west of the North Tombs. As elsewhere in Egypt, necropolises and burial tombs with their abundant treasures and decorations are an extraordinary source of information about the culture of the period. There is also something endearingly timeless about finding the burial of a woman bedecked in death with her precious jewelry.

The Public Authority for Industrial Development recently announced the launch of the fourth phase of the electronic map for industrial investment, which includes offering new investment opportunities on plots of land in the priority industrial sectors targeted by the Ministry of Trade and Industry’s plan. The plan aims to encourage domestic and foreign investment to invest in the industrial sector within the framework of the Egyptian state’s efforts to move towards digital transformation and expand the provision of electronic services to the business community to facilitate investments. Mohamed Abdel Karim — Chairperson of the Authority — said that the fourth phase was launched in coordination and cooperation with the General Authority for Investment and Free Zones (GAFI), which represents a reactivation of the map of industrial investment opportunities within the framework of an integrated and comprehensive package of measures and facilities approved by the Industrial Development Authority to advance industrial investment and meet the growing demand on industrial lands. He pointed out that this stage includes plots of land for a total of 1,051 new industrial investment opportunities on an area of two million sqm distributed across 11 governorates nationwide. The head also indicated that an indicative list of “targeted activities” was also prepared for 86 industrial projects that were studied in cooperation with the Industry Modernisation Centre with the aim of deepening local industrialisation.

El-Batal Developments recently launched the Rock Gold project — the first specialised mall for selling gold in Egypt, which combines major gold dealers and brands, as well as everything that meets women’s aesthetic and health needs. During the Nebu II Expo, the company is offering shops in the Rock Gold project — which is located in New Cairo — before the expected price increases in the beginning of January 2023. The company intends to open the first specialised mall for selling gold and jewellery in December 2023. Emad Doss — CEO and Managing Director of El-Batal Developments — stated that the company is present at the Nebu II Expo to show off Rock Gold Mall and to communicate with the target client base of major gold traders and manufacturers in Egypt. El-Batal Developments implemented a series of projects in the Egyptian market in East and West Cairo, such as Rock Eden, Rock Vale, and Rock Vera, in addition to launching three other projects — Rock Yard in Sheraton and Rock Capital 1 in the New Administrative Capital.

CAIRO - 14 December 2022: Egypt's new water resources and irrigation law includes 10 prohibitions that are forbidden to be carried out, with the aim of preserving water resources in light of their limitations. into the course of the Nile River, its branches, its lagoons, or the outlets of torrents. - Cutting the Nile bridges or waterways. - Constructing basins for special water-raising machines and pipes attached to them on the bridges of the Nile and its branches and waterways. Any violation of the provisions of this article shall be removed by administrative means at the expense of the violator.

Minister of State for Immigration and Egyptian Expatriates’ Affairs Soha El Gendi met with major Egyptian investors in the UAE, in the presence of Ambassador Ashraf El-Deeb, Consul General of Egypt in Dubai; Ambassador Amr Abbas, Assistant Minister of Immigration for Community Affairs; and a number of representatives of Egyptian state-run banks. Representatives of national banks also reviewed opportunities to support investors and facilitate the participation of investors in successful and already existing projects, in cooperation with the authorities. It is ready to be implemented with distinguished facilities in a variety of fields, and the Minister of Immigration presented all these ideas and projects to the Egyptian investors in the UAE. The Minister of Immigration reviewed the role of young researchers, linking scientific research with industry, and what they presented during the Cop27 Climate Summit. She also discussed the electronic application being implemented in cooperation with the Ministry of Communications, including an integrated link for Egyptians abroad and all the incentives, facilities and services provided to them.

Dec. 13, 2022: NBA Africa today named Mohamed Abdel-Motaleb Soliman as Vice President and Head of NBA Egypt, where the league’s fourth office on the continent will open in early 2023. “The launch of our fourth African office in Cairo reflects our belief in the enormous potential for basketball and the NBA in Egypt,” said Williams. He is a three-time Most Valuable Player of the Egyptian Basketball Super League (1993, 1995 and 1998) and was voted the Arab Basketball Confederation’s best player in 1995. He was named vice president of the Egyptian Basketball Federation in 2012, a member of the FIBA Competitions Commission in 2014, and deputy secretary general of the Egyptian Olympic Committee in 2022. Earlier this year, Cairo’s Hassan Mostafa Indoor Sports Complex served as the host venue of the Basketball Africa League’s Nile Conference group phase and the 18th edition of Basketball Without Borders Africa, the NBA and FIBA’s global basketball development and community outreach program.