Egypt’s Minister of Tourism and Antiquities Ahmed Issa reviewed his ministry’s work plan and the most prominent axes of the national strategy for the development of tourism in Egypt along with the push for more tourism to Egypt at rate of 25 to 30%. The minister also pointed out the importance of working to enhance hotel investments in some Egyptian tourist destinations and regions, including Luxor, Aswan, and the northern coast based on the supply-demand equation for these destinations. Issa concluded his speech by expressing his aspiration for continued further cooperation with all business partners related to the tourism industry in Egypt, especially with the private sector. © 2022 Daily News Egypt. Provided by SyndiGate Media Inc. ( Syndigate.info ).Daily News Egypt

The Central Agency for Public Mobilisation (CAPMAS) and statistics issued a monthly bulletin of the country’s Foreign Trade Data, which said that the trade balance deficit reached $2.44bns during September 2022, versus $4.15bn for the same month of previous year — a decrease of 41.3%. Meanwhile, the value of some exports, such as petroleum products by 29.3%, crude oil by 47.0%, various pasta and food preparations by 22.6%, and drugs and pharmaceutical preparations by 25.5%. However, the value of some imports increased, such as petroleum products by 84.6%, natural gas by 69.0%, dairy products by 3.7%, and tanning and dyeing extracts by 21.2%. © 2022 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).

This is in addition to the insistence of Western countries to isolate and weaken Russia and to thwart the attempt to reshape the global political and economic map. This war instigated many transformations and political and economic repercussions on various levels and entities, including the Palestinian issue, which can be considered among the issues that have been greatly affected by this war. This is especially in light of the blurry vision left behind by the so-called Deal of the Century proposed by former US president Donald Trump. This is the core of the crisis we are living through, even before the Balfour Declaration, which brought the crisis out of the historical circle into the political one. On the other hand, the Palestinian Authority did not issue any official position on the war in Ukraine and maintained neutrality towards the current crisis.

CNN —Saudi Arabia’s Crown Prince Mohammed bin Salman welcomed Chinese President Xi Jinping with a lavish reception in the capital Riyadh on Thursday, as the two countries head for a number of summits heralding an “epoch-making milestone” in China’s relations with the Arab world. Saudi state TV showed a grand ceremony laid out for the Chinese leader, as bin Salman, the kingdom’s de facto ruler known as MBS, received him at Al-Yamamah Palace. Chinese and Saudi Arabian flags dotted the premises as members of the Saudi Royal Guard lined up with swords and played music. The American president was received in July by the governor of Mecca and the Saudi ambassador to the US in the Red Sea port city of Jeddah. Biden met MBS in Jeddah, where they exchanged a fist-bump that made global headlines and defined what ultimately became a frigid visit.

CAIRO - 8 December 2022: Egypt aims to raise the volume of natural gas exports to $1 billion per month during 2023, according to the Minister of Finance, Mohamed Maait. Maait elaborated during his speech on the sidelines of the "Euromoney Egypt 2022" conference, that the current gas exports amounts to $600 million per month. “Egypt aims to raise the total volume of exports to $100 billion,” he stated, explaining that the exports in 2022 amounted to $32 billion, compared to $25 billion during 2021. Maait pointed out that Egypt aims for more development investments, especially in green projects, including green hydrogen, by working hard to enable the local and foreign private sector to lead the locomotive of sustainable and job-rich economic growth, in order to provide one million job opportunities annually. Maait stressed, in his speech, the importance of having a greater role for international development partners in providing concessional financing, especially in light of the expectations of the International Monetary Fund and the World Bank of a slow global economic growth.

CAIRO - 8 December 2022: Head of the Nursing Syndicate and member of the Senate Kawthar Mahmoud revealed that the Egyptian nursing staff consists of 300,000 nurses, including 220,000 members in the government sector in 5,000 health facilities nationwide. In comments to Hadith al-Kahyra talk show Mahmoud stated that the sector is witnessing a severe deficit in the nursing staff, adding that the syndicate is monitoring all the assaults against its members by some patients’ relatives. Mahmoud's comments followed an incident that went viral on social media the past week, where the relatives of a female patient attacked the nursing staff at the Quwisna Central Hospital in Menoufia. The attack resulted in injuring four nurses and other working staff members. A pregnant nurse had a miscarriage due to the assault.

BI-Technologies — an Egyptian company specialised in software and digital solutions in MENA — announced its participation in the seventh session of the Egyptian Food Trade Fair (Food Africa 2022), which is being held from 5 to 7 December at the Egypt International Exhibition Centre in New Cairo. The event is hosting 730 local and international exhibitors and 500 international buyers on an area of ​​30,000 sqm. The exhibition represents a gateway that gives companies the opportunity to access the agricultural sector in Egypt and Africa. There is also the Fleet Control programme, which helps in following up transport trucks and fleet management, and the company’s Field Buzz programme allows field services management. Moreover, the company has a strategic partnership with Omnitracs Solera to provide solutions such as Roadnet, which is an integral part of the service management’s hands-on planning and execution.

Brazil's Vinicius Junior celebrates after teammate Lucas Paqueta scores their fourth goal REUTERS/Annegret Hilse TPX IMAGES OF THE DAY(Reuters) - Brazil's Vinicius Jr said they would not stop dancing to celebrate goals at the World Cup as it was an expression of happiness that was part of Brazilian culture. Brazil thrashed South Korea 4-1 in their World Cup last-16 match on Monday, but it was not just their footballing masterclass that caught the eye. Brazil's players rushed over to the dugout after Tottenham forward Richarlison put the five-times world champions 3-0 up inside 30 minutes and Tite briefly joined in with the dancing. The 22-year-old has become a key part of Brazil's team that is bidding for a record-extending sixth World Cup title after a brilliant season with Real Madrid. Brazil face Croatia in their World Cup quarter-final on Friday.

(Reuters) - Argentina striker Lautaro Martinez has been having pain-killing injections in his ankle to play at the World Cup in Qatar, his agent Alejandro Camacho said. Martinez started Argentina's stunning opening group stage loss to Saudi Arabia -- where he had a couple of goals disallowed for offside -- and also their win over Mexico. "Lautaro has been taking injections because he has a lot of pain in his ankle," Camacho told Argentine radio station La Red. Martinez has seen his starting spot in the Argentine lineup taken by Manchester City striker Julian Alvarez, who has scored two goals so far. "The competition makes him (Martinez) and Julian stronger, because contrary to what you might think, they are good for each other," Camacho added.

High-level sources at e-finance for financial and digital investments revealed that the company aims to enter the Saudi market next year as part of its strategic expansion plan through a partnership with the Saudi Public Investment Fund (PIF). The sources told Daily News Egypt that the expansion of digital services inside Saudi Arabia is the purpose behind the Saudi sovereign’s acquisition of a stake in the company earlier this year. The Sovereign Fund acquired about 25% by purchasing 462 million shares in e-finance at a price of EGP 15.98 per share with a total value of about EGP 7.5bn. They explained that the PIF has adopted an ambitious plan for e-finance in terms of expanding areas of growth in digital services in Saudi Arabia, which the company will start implementing in 2023. Ibrahim Sarhan — Chairperson and Managing Director of the company — hinted earlier that the strategic partnership with the PIF comes in light of the group’s efforts to diversify the shareholder base and attract foreign investments.

Shereen Shahdi — Director of the British International Investment Corporation (BII), the UK arm for development financing — said that the corporation is very interested in green hydrogen projects and will participate in financing a number of renewable energy projects. Shahdi added in statements to Daily News Egypt that she is already studying projects in this sector to finance them during the coming period, pointing out that she has financed about nine energy projects in Egypt currently. She also pointed out that the company is very interested in green hydrogen and infrastructure projects, as well as water projects and their counterparts related to clean energy. Furthermore, she revealed that the goundation’s investments in Egypt have reached about $750m now and are expected to increase during the next year. Additionally, she said that the Foundation has pumped cumulative investments of about $9.5bn, including 40% in Africa, of which Egypt specifically accounts for 13%.

The cabinet approved, during Wednesday’s meeting chaired by Prime Minister Mostafa Madbouly, a draft decision of from the president approving an agreement to establish the New Development Bank, affiliated to the BRICS bloc, and Egypt’s accession document to the bank. The bank, established in 2015 by a group of major emerging economies, works to support sustainable development and enhance regional cooperation and integration by investing mainly in the field of infrastructure, which includes various sub-sectors in infrastructure such as: energy, transportation, water, and communications, in addition to expanding its operations to include the health and social infrastructure sectors. The bank also works in digitization, due to the negative economic effects resulting from the COVID-19 pandemic crisis on the global economy. It also focuses on implementing projects related to the national development priorities of member states.

The Egyptian pound has already been floated, a measure that will continue for four years, said the Chairman of the House of Representatives’ Plan and Budget Committee,MP Fakhry al-Fiqi, who also shot down the possibility of a new flotation. The third program of the International Monetary Fund witnessed arduous and delicate negotiations over a period of seven months, starting from March until October 27. IMF experts did not arrive in Cairo until after filling the financing gap through recent Arab investments, he added. Egypt has obtained loans from the International Monetary Fund, amounting to about US$20 billion since 2016, as part of the implementation of the economic and social reform program. It also obtained quick financing to face the repercussions of coronavirus pandemic, and has already started paying the first loan installments.

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Egypt’s Minister of Health and Population Khaled Abdel Ghaffar witnessed the opening activities of the 74th International Conference of the Egyptian Orthopedic Society, which is running until 8 December. According to a statement by the ministry, the minister stressed the importance of the annual conference of the Egyptian Orthopaedic Society, which is one of the oldest and most prestigious scientific societies in the Arab region. The minister also appreciated the association’s efforts for its continuous success in holding the conference over the past decades, as the conference is the largest event in the field of orthopaedic surgery in Africa and the Arab world, explaining that the association is the great home for all orthopaedic surgeons in Egypt, the Arab world, and Africa. He also stressed the importance of the active participation of young doctors in the conference to benefit from the scientific expertise of the expatriates participating in the event from different countries through lectures, scientific sessions, and workshops that are held during the conference activities. Finally, the minister drew attention to the importance of recommendations from the conference on establishing rules for measures to prevent diseases that lead to bone deformities, especially for children.