Egypt secured nearly $33bnin investments for four green ammonia projects during the Egypt-EU Investment Conference held in Cairo. The largest agreement, valued at $14bn, involves British Petroleum (BP), Masdar, Hassan Allam Utilities, and Infinity Power Holding for a project in Sokhna Port. Ayman Soliman, CEO of TSFE, highlighted the fund’s commitment to promoting Egypt as a regional green energy hub by partnering with international players in the renewable energy sector. The projects are expected to contribute significantly to Egypt’s renewable energy goals and its efforts to decarbonize its energy sector. The signing ceremony was attended by Mohamed Shaker, Minister of Electricity and Renewable Energy, and Hala El-Said, Minister of Planning and Economic Development.

June 30, 2024 17:44 UTC

Yasmine Fouad, Egypt’s Minister of Environment, unveiled promising investment opportunities worth $2bn in Egypt’s green circular economy during the dialogue session “Promoting Green and Circular Economy in Egypt” at the Egypt-EU Investment Conference on Sunday. Minister Fouad emphasized the Egyptian government’s commitment to fostering a supportive environment for a green circular economy, aligning it with economic development and integrating it into social and economic pathways. This initiative has stimulated private sector investment in green projects. Minister Fouad identified several promising sectors for investment in the green circular economy, including waste management (especially agricultural, medical, and construction and demolition waste), renewable energy, resource efficiency, industry, and supply chains. Additionally, Minister Fouad highlighted the tourism sector and nature-based solutions as promising areas for investment, given Egypt’s strategic location and coastlines on the Red and Mediterranean Seas.

June 30, 2024 15:09 UTC

In the past 5 years, numerous songs were produced describing the victory of Egyptians against the terrorist regime. Some of the songs are:• "Teslam el Ayady" (Thank You):This song was one of the most influential songs produced since June 30 revolution. • "Toba Foq Toba" (Brick on Brick):Amal Maher sang this song written by Ayman Bahgat Amar, composed by Amr Mustafa and distributed by Ahmed el-Mogy. • "Aash el Geish el Masri" (Long live Egyptian Army):Folklore singer Amina performed this song written by Mahmoud Salah, and composed by Hassan Donya. • "Taheya Lel Sha’ab el Masry" (Greetings to Egyptians):Hamada Helal performed this song as a dedication to those who participated in the revolution.

June 30, 2024 13:06 UTC

President Abdel Fattah El-Sisi addresses the nation on the 11th anniversary of the June 30, 2013 Revolution – Egyptian PresidencyCAIRO – 30 June 2024: President Abdel Fattah El-Sisi addressed the nation on the 11th anniversary of the June 30, 2013 Revolution, shedding light on the turbulent regional situation and the issue of rising prices in Egypt. In his speech on Sunday, President Sisi emphasized the significant changes occurring in the region, particularly in the wake of "the heinous Israeli war in Gaza." Addressing price hikesSisi also highlighted the Egyptian people’s suffering due to the recent price increases, reassuring them that the new government has a priority to ease this suffering. He emphasized that the June 30 Revolution represented a defining moment, distinguishing the eternal Egyptian national consciousness from attempts by non-national forces to dismantle or seize it. Despite the difficulties and challenges faced, Egyptians have embarked on a path of progress, prosperity, and goodness, he added.

June 30, 2024 09:53 UTC

Units at the Israeli settlement of Eldad, south of Bethlehem in the West Bank - Flickr/TrocaireCAIRO – 30 June 2024: Egypt has condemned the decision of the Israeli government to approve the legalization of five settlement outposts in the West Bank and plan for the construction of thousands of new settlement units. “Egypt strongly denounces Israel's exploitation of the ongoing conflict in the Gaza Strip to perpetuate further illegal settlement expansion,” the ministry said. Cairo also denounced continued Israeli attempts to alter the legal status of the occupied Palestinian territories, including East Jerusalem. The ministry emphasized that a two-state solution serves as the only path to comprehensive and lasting peace. The latest Israeli decision, announced by Israeli hardliner Finance Minister Bezalel Smotrich has faced international condemnation, including from the European Union.

June 30, 2024 04:18 UTC





He stated that the shipment consists of 100 tons of humanitarian aid, sent as a gift from the people of Egypt. Sewilam highlighted addressing various projects in South Sudan during his visit, including groundwater wells, rainwater harvesting, and flood prediction initiatives. These projects are designed to protect the people in areas of South Sudan that are affected by floods. The aid was dispatched under the directives of President Abdel Fattah El Sisi to show support for South Sudan. Joint cooperationSewilam emphasized that these efforts are part of the longstanding relations between the two countries, demonstrating Egypt's commitment to supporting South Sudan.

June 29, 2024 15:39 UTC

According to the Egyptian Meteorological Authority (EMA), temperatures are expected to decline by 1-3 degrees starting next week. The EMA also noted that the current high humidity levels in Egypt increase the apparent temperatures by 0-2 degrees. Southern Sinai, home to the charming city of Sharm El-Sheikh, and northern Upper Egypt will also experience some relief from the intense heat, with temperatures reaching 37-38 degrees by Sunday. As for southern Upper Egypt, where Luxor and Aswan are located, temperatures won't drop below the 40s yet. Here are the expected average temperatures for different regions in Egypt until Tuesday, as forecasted by the EMA:- Cairo and Lower Egypt – Highs: 38, Apparent: 40- North Coast – Highs: 30, Apparent: 33- South Sinai – Highs: 39, Apparent: 42- Northern Upper Egypt – Highs: 38, Apparent: 40- Southern Upper Egypt – Highs: 42, Apparent: 43

June 28, 2024 16:33 UTC

CAIRO – 28 June 2024: US President Joe Biden and former President Donald Trump traded barbs over the local economic situation, the US foreign policy, and the wars in Ukraine and Gaza amid other topics during a CNN presidential debate on Thursday night. Replying to Trump, Biden said "Well, look, the greatest economy in the world, he’s the only one who thinks that, I think. As for the national debt, Biden said Trump had the largest national debt of any president in a four-your period, number one. Destroying social securityTrump accused Biden of destroying social security, saying "This man is going to single-handedly destroy Social Security. Biden accused Trump of encouraging those folks to go up on Capitol Hill, number one.

June 28, 2024 15:57 UTC

CAIRO – 27 June 2024: Egypt repaid a substantial portion of its domestic and external public debt, amounting to $25 billion since March 2024, according to the Institute of International Finance (IIF). This debt repayment represents a noteworthy 7% of Egypt's GDP, highlighting the country's commitment to fiscal consolidation. Emirati deposits at the Central Bank of Egypt (CBE) worth $11 billion were converted into local currency investments, reducing Egypt's external debt burden. Egypt has set ambitious targets for its upcoming fiscal year (FY 2024/2025), aiming for a primary surplus of 3.5% of GDP. This strategy, coupled with the recent $25 billion debt repayment, demonstrates Egypt's commitment to long-term financial stability.

June 27, 2024 14:12 UTC

CAIRO – 27 June 2024: Egypt is set to distribute LE 3 billion to 362 exporting companies today as part of the instant cash payment initiative, as announced by Minister of Finance, Mohamed Maait. Since October 2019, the government has provided approximately LE 62 billion in support to exporting companies. In the fiscal year 2024/2025, a total of LE 40.5 billion has been allocated for these purposes, including LE 23 billion specifically aimed at reducing export burdens. In June 2024, Egypt had already disbursed LE 5 billion to 360 exporting companies benefiting from the instant cash payment initiative. Furthermore, in May, Minister Maait had announced that Egypt would provide LE 8 billion in support to beneficiaries of the instant cash payment initiative, effective from June 6.

June 27, 2024 12:03 UTC

CAIRO – 27 June 2024: The Municipal Authority of Giza announced shutting down Thursday six unlicensed Sudanese schools in Shabramant and arresting their directors for interrogation. Egypt will host a conference in late June 2024 to bring together all Sudanese civil political forces, with the participation of relevant regional and international partners. This is in light of the deep historical, social, fraternal and deep ties that bind the Egyptian and Sudanese peoples together. And based on Egypt's commitment to supporting all efforts to achieve peace and stability in Sudan. Egypt looks forward to the active participation of all Sudanese civil political forces and relevant regional and international partners, and to join hands to ensure the success of the conference in achieving the aspirations of the brotherly Sudanese people.

June 27, 2024 11:29 UTC

Egyptian Prime Minister Mostafa Madbouly led a meeting on Wednesday to review the progress of the new urban development project on Warraq Island. The project, which has received continuous attention from the political leadership,aims to transform the island with a qualitative shift in services and infrastructure. Attendees included Minister of Housing, Utilities, and Urban Communities, Assem El Gazzar, Giza Governor, Ahmed Rashed, and representatives from various ministries and authorities involved in the project. Giza Governor Ahmed Rashed and Giza Security Director Hisham Abu El Nasr addressed the ongoing efforts to remove building violations and evacuate lands and houses by agreement, respectively. Chairperson of the New Warraq City Development Authority, Osama Shawky, detailed the project’s executive status,including the evacuation of priority areas, disbursement of compensation, and the implementation of various development projects.

June 27, 2024 10:03 UTC

Doctors told CNN they are being forced to turn away parents begging for baby milk, unable to even triage young patients with chronic illnesses compounded by severe hunger. Dozens of other Gazans crowd together to access water as aid workers nearby distribute thick, steaming red soup from large saucepans. It is God’s decision, but it is caused by people,” her father, Ahmed Maqat, told CNN, after she died on Saturday. But health workers told CNN there are few alternatives, with shortages of lactose free or soya milk for infants. Children line up for food aid in Jabalya refugee camp, the northern Gaza, on June 13.

June 27, 2024 01:23 UTC

Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met with Ghada Waly, the Assistant Secretary-General of the United Nations and Executive Director of the United Nations Office in Vienna. Hossam Abdel Ghaffar, the official spokesperson for the Ministry of Health and Population, stated that the Minister directed cooperation with the United Nations Office on Crime and Drugs. Additionally, the Minister emphasized the need to establish centres providing medical services and psychological support for displaced individuals from neighbouring countries. Ghada Waly confirmed that the United Nations Office on Drugs and Crime is prioritizing the citizens’ right to voluntary treatment for addiction within the Opiate Alternatives Programme. The program aims to facilitate access to mental health services, ensuring society and families can effectively address drug-related issues.

June 27, 2024 00:19 UTC

Prime Minister Mostafa Madbouly on Wednesday 26/6/2024 sent a cable of greetings to President Abdel Fattah al-Sisi on the occasion of the eleventh anniversary of the June 30 Revolution. In the cable, the prime minister asserted that June 30 Revolution will remain a milestone in the Egyptian history, as millions of Egyptians took to streets, demonstrating against plans to obliterate the identity of the country and prejudice its security and capabilities. He said the government will continue the process of work and construction, under the leadership of president Sisi, to achieve development goals and realize aspired progress, in a way that serves Egyptian people’s interests.

June 26, 2024 22:41 UTC