CAIRO - 22 September 2022: Minister of Foreign Affairs Sameh Shoukry, the President-Designate of the 27th session of the Conference of the Parties (COP27) to the United Nations Framework Convention on Climate Change (UNFCCC), participated in the Ministerial Meeting of the Group of Friends of the Global Development Initiative (GDI), which was headed by the Chinese Minister of Foreign Affairs on the sidelines of the 77th Session of the UN General Assembly (UNGA) in New York. Ministry of Foreign Affairs Spokesperson, Ambassador Ahmed Abu Zeid, indicated that Minister Shoukry was keen in his speech to express appreciation to the Chinese side for holding this meeting which provides a platform for exchanging experiences and expertise in various developmental, including the eradication of poverty and hunger and the strengthening of South-South cooperation, with the aim of accelerating the implementation of the Sustainable Development Goals of the United Nations 2030 Agenda. In this context, the Foreign Minister affirmed Egypt's conviction of the necessity of strengthening international partnerships in the field of development and reviewing international cooperation mechanisms in a way that ensures the achievement of sustainable development goals at the various social, economic and environmental levels. This, Minister Shoukry said, comes in light of the many challenges that the world is witnessing, such as the global food and energy crises and the coronavirus pandemic, which undermine efforts to achieve economic growth and development and increase the gap between the countries of the North and the South. The Spokesperson concluded his remarks by affirming Egypt's keenness, in its capacity as the next presidency of the COP27, to include the visions, stances and aspirations of developing countries in the agenda of the conference in a way that reflects the urgent need to implement climate pledges and transform them into a tangible reality in support of international efforts to achieve sustainable development goals.

September 22, 2022 16:55 UTC

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September 22, 2022 10:02 UTC

CAIRO - 23 September 2022: Egypt has devoted great efforts to setting plans and agendas to combat the negative impacts of the climate change nation wide, through different projects. Atop of these projects is the Benban solar energy park, which is considered the largest solar project in Africa, with the total production capacity of the project might reach 2,000 megawatts. The $3.5 billion project, located in Aswan’s village of Benban, has a total capacity of 1.8 gigawatts. Dr. Karim Suleiman, a professor of environmental sciences, said that the state began to confront climate changes with the Benban solar energy project, projects for the use of wind energy, electricity connection projects, the settlement of the idea of ​​agricultural greenhouses, and the cultivation of desert areas. Dr. Karim Suleiman stressed, in TV statements, the importance of the environmental laws of recycling and the green economy, through which the concept of the green economy began to appear, and the “Be Prepared for Green” initiative, and preserve your environment, highlight the awareness and high degree of knowledge of the Egyptian society on topics like green economy, green environment and recycling.

September 22, 2022 09:04 UTC

CAIRO – 21 September 2022: President Abdel Fattah El Sisi has affirmed Egypt’s belief in the significance of the media’s strategic role in supporting countries’ efforts to achieve stability and development; via addressing national issues and raising public awareness. Sisi made the remarks during his meeting on Wednesday with Arab information ministers at Al-Ittihadiya presidential palace in Cairo. Meanwhile, the Arab ministers praised the tangible achievements made in Egypt under President Sisi's leadership at the political, development, economic and social levels. Egypt provides a model to follow as regards development, prosperity and its future vision for achieving sustainable development, they said. The ministers also highlighted Cairo’s key role in preserving the security and stability of the whole Arab world.

September 22, 2022 03:07 UTC

So it was with a September 14 interview done by the important French weekly Le Point with the current Emir of the State of Qatar Sheikh Tamim Bin Hamad Al-Thani. [1] Here the striking content was the Qatari Emir's statement that Qatar has no relations whatsoever with the Muslim Brotherhood, the international Islamist organization which has become anathema to other governments in the region, such as Egypt, Saudi Arabia, and the United Arab Emirates. The remarks have, of course, a huge loophole because the two Muslim Brotherhood type or analogue governments in the world, the ones in power in Ankara and Gaza very much do receive billions in Qatari support. [6]Interestingly, one place where it seems you did not see the emir's words about the Muslim Brotherhood highlighted was in Al-Jazeera itself. [9] He (or his advisors) likely know that, in contrast with past years, the Muslim Brotherhood has become a toxic subject among Western audiences.

September 22, 2022 02:24 UTC

CAIRO – 21 September 2022: President Abdel Fattah El Sisi said that politics, food, and energy crisis are affecting all parts of the world and considered to be global challenges nowadays. He also noted that climate change remains the most dangerous existential challenge that face the world. He added during his recorded speech at the closed meeting of Heads of State and Governments on Climate Change, that these challenges, undoubtedly, represent additional burdens on all of the countries, especially the developing ones. However, Sisi added “We must always count on objective scientific reports and studies, which unequivocally confirm that climate change remains the most dangerous existential challenge facing our planet and that its repercussions are exacerbating. Day by day, with each rise in temperature.”“About a year ago, we participated together in this meeting, in preparation for the UK Climate Summit, and now, we are a few weeks away, from the 27th Climate Summit [COP27], which Egypt is hosting in Sharm El Sheikh.” Sisi said.

September 21, 2022 23:37 UTC

Foreign Minister Sameh Shoukry has affirmed Egypt’s unwavering support for all efforts meant to settle disputes through peaceful means in order to protect the sovereignty of Mali and its territorial integrity. During the meeting, Shoukry voiced Egypt’s keenness on promoting bilateral ties with Mali, said Foreign Ministry Spokesman Ahmed Abu Zeid. A comprehensive approach is needed to handle the crises in Mali, the spokesman quoted Shoukry as saying during the meeting. The top diplomat reviewed Egypt’s pioneering role in combating terrorism and extremist ideologies, said the spokesman. Egypt is keen on providing support for Mali in the various spheres, especially in the health sphere, and providing the necessary medical equipment, Shoukry affirmed during the meeting.

September 21, 2022 22:47 UTC

He added that the “Jefaira” project accounts for the largest volume of deliveries in the last quarter of 2022. Inertia’s projectsThe total portfolio of the company’s projects includes eight projects, of which four projects are residential and commercial in Cairo and the Red Sea. It is an integrated residential project that includes 194 units, and is located on an area of ​​44,000 square metres. All of their needs are provided in the company’s projects that have been delivered and housed. He pointed out that the availability of services in the company’s projects is an essential element.

September 21, 2022 17:04 UTC

Minister of Trade and Industry Ahmed Samir affirmed on Monday Egypt’s keenness to support economic cooperation with the sister country of Lebanon in all commercial, industrial, and investment fields. This came in a speech the minister delivered during his participation in the meeting of the sixth session of the Egyptian-Lebanese Association for Businessmen. There are about 1,904 Lebanese companies in Egypt. © 2022 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).

September 20, 2022 19:40 UTC

CAIRO - 19 September 2022: The Ready-made Garments Export Council of Egypt (RMGEC) said the sector’s exports hit $1.44 billion in the period from January to July 2022, marking a 35 percent rise in comparison with the same period in 2021. In a statement Monday, the council said the US led the importing countries from Egypt in terms of ready-made garments, as its imports rose to $820 million in the first seven months in 2022 against $595 million in the same period 2021. Egyptian ready-made garments exports to Europe also increased by 26 percent to hit $266 million in the above mentioned period, compared to $212 million in the same period last year. Exports to Arab countries increased to 33 percent, reaching $195 million in the seven months, against $146 million in the same period last year. The council noted that it will take part in the United Nations Climate Change Conference (COP27) - which will be held in Egypt in November - in order to review the latest achievements in the clothes and textiles sector in the field of recycling and turning the industry's waste into a chance for contributing to sustainable economic growth.

September 20, 2022 17:28 UTC

Banks operating in the Egyptian market achieved a total net profit of EGP 56.868bn in the first half (1H) of 2022. The Central Bank indicated that the top ten banks acquired 77.63% of the banks’ total net profits, as they achieved net profits of EGP 44.148bn. It added that the top 10 banks achieved a net return of EGP 106.959bn, net activity revenues amounted to EGP 130.534bn, and total expenses of EGP 86.385bn. According to the Central Bank, the five largest banks accounted for 64.1% of the banks’ net profits, as their net profits amounted to EGP 36.495bn. The commitments of banks towards each other in Egypt amounted to about EGP 303.226bn, while their obligations to banks abroad recorded EGP 219.252bn.

September 20, 2022 13:45 UTC

In the below lines, Egypt Today highlights the achievements in the field of developing transmission and distribution networks as stipulated in the document, which was approved by Parliament. 2- Increasing the lengths of high voltage lines and cables from 29,469 km to 31,084 km, an increase of 1,615 km, and a growth rate of 5.5%. 3- Increasing the capacities of high-voltage transformer stations from 95,315 MVA to 112,208 MVA, with an increase of 17.7%. 5- New lengths of lines as well as capacities of transformer stations were added to the network, as a result of the establishment of new projects and the expansion of existing projects. 7- Investing about EGP 965 million to develop electricity distribution networks in South Sinai during the period from July 2014 to March 2022.

September 20, 2022 07:28 UTC

CAIRO – 19 September 2022: The Egyptian archaeologists uncovered blocks of white cheese over 2,600 years old, dating back to 664-525 BC, in Saqqara, National News reports. Director of the Saqqara Antiquities Area Mohammad Youssef Oyan revealed the details of the strange archaeological discovery in the area, explaining that the ancient Egyptians believed in resurrection, and often placed offerings next to the mummies. Among the strangest of these offerings is cheese. The Saqqara necropolis contains one of the largest collections of antiquities in Egypt. Since 2018, various expeditions have uncovered notable finds in the area, including a cache of more than 100 sarcophagi.

September 19, 2022 13:54 UTC

CAIRO – 18 September 2022: Director General of the Arab Labor Organization (ALO) Fayez al Mutairi said Sunday that President Abdel Fattah El Sisi was able to upgrade joint Arab action and to restore Egypt’s position at the Arab and international levels. Mutairi thanked President Sisi for sponsoring the ALO’s 48th conference, currently held in Cairo. He urged boosted joint Arab action in the face of challenges as a result of that crisis. It is important to expand partnerships with the three parties of production under the umbrella of the ALO, Mutairi said. He added that all Arab countries are seeking to digitize their economic sectors with the aim to increase growth rates.

September 19, 2022 01:51 UTC

Located at the north of Kharga Oasis is the temple of Hibis, a well-preserved site dedicated to Amun. A lake once surrounded the temple but no longer exists. Its foundations date to the 25th Dynasty, with some of its walls decorated by the Persian king Darius, and later rulers. ‎‏The temple's carvings are distinct in style and themes: one scene stands out in which the god Seth battles the serpent Apophis, a symbol of chaos.

September 18, 2022 22:08 UTC