The Chemical and Fertilizers Export Council (CEC) of Egypt has formally submitted six key proposals to Prime Minister Mostafa Madbouly. Khaled Abul Makarem, Chairperson of the CEC, highlighted these issues during a recent meeting with the Prime Minister. The CEC also reiterated its call for the Ministry of Finance to honour its commitment to refund VAT on exported goods. Moreover, Abul Makarem urged the Prime Minister to ensure the reimbursement of export burdens within a 60-day timeframe from the submission date, leveraging the digitalization of the process. Expanding on the council’s proposals, Abul Makarem advocated for the extension of shipping support to encompass global markets, not limited to Africa.

The Korea International Cooperation Agency (KOICA), South Korea’s official development assistance agency, signed a Memorandum of Understanding (MoU) with the Egyptian Agency of Partnership for Development (EAPD) to implement joint activities and initiatives on development cooperation in third countries to eliminate poverty and achieve sustainable development. The Korea International Cooperation Agency (KOICA) and the Egyptian Agency of Partnership for Development (EAPD) have signed a Memorandum of Understanding (MoU) to implement joint development cooperation activities in third countries, with a focus on Africa. “KOICA is actively working to promote triangular cooperation in the development sector,” said President Sam. KOICA, a government agency under the Ministry of Foreign Affairs, is responsible for implementing grant aid programs to combat poverty and support sustainable socio-economic growth in partner countries worldwide. The EAPD is an Egyptian agency that promotes South-South cooperation and development partnerships.

CNN —Four hostages have been freed in a special operation in the Nuseirat refugee camp in central Gaza, Israel’s military says. Noa Argamani, 25, Almog Meir Jan, 21, Andrey Kozlov, 27, and Shlomi Ziv, 40, were rescued by the Israeli military, intelligence and special forces from two separate locations in Nuseirat, the Israel Defense Forces (IDF) said Saturday. Rescuing hostages taken during the Hamas attacks of October 7 remains a major goal of the Israeli military campaign in Gaza. IDF Corporal Ori Megidish was rescued in October last year from the northern Gaza Strip. In another operation on February 12 this year, Fernando Marman and Louis Har were rescued from southern Rafah.

These factors have collectively contributed to Egypt's remarkable progress in the global Road Quality Index ranking. Egypt's Road Quality Index Ranking Soars: Egypt has ascended an impressive 100 places in the global Road Quality Index, currently holding the 18th position. National Road Project: A Catalyst for Progress: The National Road Project aims to construct a total of 7,000 kilometers of roads. The country's Road Quality Index score has steadily improved, reaching 5.53 points in 2024, securing 18th place. In 2021, the score was 5.46 points, placing Egypt in 18th position, while in 2019, the score was 4.52 points, ranking the country 41st.

Cairo – 7 June 2024: The US State Department announced that Anthony Blinken will travel to Egypt, Israel, Jordan, and Qatar next week. Blinken’s visit to the region next week aims at continuing the Gaza Strip ceasefire agreement discussions, according to al Qahera news channel. Ahmed Abu Zeid, the spokesperson for the Egyptian Foreign Ministry, stated that McGurk expressed his keenness to continue collaborative efforts with Egypt to resolve the crisis in Gaza. Shoukry assured McGurk of Egypt's ongoing intensified efforts to end the Israeli war in Gaza. He stressed the urgent need for a significant increase in humanitarian and relief aid entering Gaza, given the worsening humanitarian crisis in the strip.

(Reuters) - Fiston Mayele equalised five minutes from fulltime as the Democratic Republic of Congo held hosts Senegal to a 1-1 draw in a World Cup Group B qualifier in Diamniadio on Thursday. Algeria won their first two qualifiers but were beaten 2-1 at home by Guinea on Thursday in another shock result. Morlaye Sylla gave Guinea the lead but Algeria equalised following an own goal from Yasser Balde before the visitors hit the front again through Aguibou Camara. The Pharaohs held on, however, to maintain their 100% start to the qualifiers as they lead Group A by four points after three rounds. Jordan Ayew scored a 94th-minute winner for Ghana to earn what could be a precious away win in Bamako following a 2-1 victory over Mali.

Nagelsmann has also included four keepers in his preliminary squad. "We have our starting 11 in our heads but the performance in the match and in training must fit," Nagelsmann told a press conference on Thursday. "The decision has basically been made, we'll announce it after the game tomorrow," he said. We are reaching 100%," Nagelsmann said, adding that forward Kai Havertz was their likely starting striker over Borussia Dortmund's Niclas Fuellkrug. It's good that we have another striker in the squad," Nagelsmann said.

FTI Group, the third-largest tour operator in Europe, has filed for bankruptcy with the Munich District Court. The company, majority-owned by Egyptian businessman Samih Sawiris with a 75.1 percent stake, was overwhelmed by debt and supplier demands, according to a statement released by the company and reported by Reuters. The German Ministry of Economic Affairs has called the insolvency “tragic” but stated that it cannot provide any further assistance. The spokesperson further noted that the government had been waiting for approval to sell the receivables as the most economical way to recover funds before the company filed for bankruptcy. With the bankruptcy, the recovery of the receivables is no longer possible.

More than 4,000 foreign participants from 97 countries are expected at the BRICS Games in Kazan, Deputy Prime Minister Dmitry Chernyshenko said following a meeting of the organising committee for the preparation and holding of the BRICS Games. Kazan, Russia is preparing to host the BRICS Games from 12 to 23 June, with an unprecedented 97 countries confirming their participation. Over 4,000 foreign athletes are expected to compete in 27 different sports, according to Russian Deputy Prime Minister Dmitry Chernyshenko. Russia has also developed the BRICS Kazan Sports Charter, a document that sets out the framework for sports cooperation within the BRICS group. The BRICS Games are expected to attract a total of 5,000 participants, with over 4,000 coming from countries outside the BRICS bloc.

The agreement was formalized during Fujifilm’sparticipation at Africa Health ExCon 2024 and underscores the company’s dedication to enhancing the Egyptian healthcare sector. He expressed his satisfaction with Fujifilm’s commitment to advancing the local healthcare sector through cutting-edge technologies and training programs. Michio Kondo, Managing Director of Fujifilm Middle East and Africa, stated, “Egypt is a key market for Fujifilm in the region with remarkable growth potential. For over 30 years, we have been dedicated to supporting the Egyptian healthcare sector. This MoU embodies our mission to contribute to the enhancement of Egypt’s healthcare sector through technology and investment in medical calibres while improving the patient journey.”This marks Fujifilm’s third participation at Africa Health ExCon, reinforcing its presence in the region and itscommitment to driving innovation in the healthcare sector.

The engineering graduate started working at Finnish electronics manufacturer Salcomp’s factory in the southern Indian state of Tamil Nadu last year. Adnan Abidi/ReutersLike India, women in China were also relegated to subordinate roles for centuries. Factory jobsMuch of this change is visible in Tamil Nadu, India’s industrial powerhouse where companies such as Foxconn and Samsung have manufacturing plants. Employees test mobile phones on an assembly line of a unit of Foxconn Technology in Sriperumbudur, Tamil Nadu, on July 12, 2019. In China, migrant workers often live in sprawling dormitories provided by companies, and such arrangements have been instrumental in making the country the world’s factory.

“It is time for the war to end,” the statement, shared with CNN, bluntly says. We call on Hamas to close this agreement, that Israel is ready to move forward with, and begin the process of releasing our citizens,” the statement says. Those 17 countries have citizens whom Hamas took captive at the outbreak of the Israel-Hamas war. Immediately after Biden detailed the Israeli proposal, Israeli Prime Minister Benjamin Netanyahu vowed that his country would not end the war until Hamas was defeated. Jake Sullivan, Biden’s national security adviser, convened for the first time last month an in-person meeting of ambassadors and chiefs of mission representing countries whose citizens were taken hostage by Hamas, CNN reported, at a moment when a deal was stalled.

CAIRO - 6 June 2024: The European Central Bank (ECB) decided to cut the 3 key interest rates today for the first time in 5 years. The ECB lowered its key interest rates by 25 basis points, bringing the main refinancing rate down to 4.25 percent. This marks the first interest rate cut since March 2016 for the main refinancing operations rate and the marginal lending rate, while the deposit rate has seen its first reduction since September 2019. This brings the central bank’s key rate to 3.75 percent, down from a record 4 percent where it has been since September 2023. She indicated that the future path of interest rates will be "data-dependent," suggesting further cuts could be possible if economic conditions warrant them.

Of this total, the Netherlands exported goods worth €2bn to Egypt, while Egypt exported goods valued at €1.5bn to the Netherlands. Tourism : The tourism sector remains an essential area of cooperation between the Netherlands and Egypt. What opportunities exist for enhancing people-to-people exchanges and cultural ties between the Netherlands and Egypt? This commitment underscores the shared commitment to global cooperation and development. In summary, the Netherlands and Egypt are poised to strengthen their partnership through collaborative efforts in energy, international conferences, and addressing global challenges.

CAIRO – 6 June 2024: Head of the Vaccination Department at the Ministry of Agriculture and Land Reclamation Mohamed Saad stated Thursday that Egypt had self-sufficiency of poultry, noting that the shortage in feed availability had been solved. The official added that there were 22 Chinese companies interested in establishing feed plants in Egypt for it is considered a safe and profitable business. In a meeting with parliamentarians at the House of Representatives in 2021, Minister of Agriculture and Land Reclamation Al Sayed Al Qusair stated that Egypt produced annually 1.4 billion birds, and 14 billion eggs. The minister noted that such production size made Egypt self-sufficient of pourtly. Al Qusair pointed out that nine zones, spanning over 19,000 feddans and lying in four governorates, have been allocated to pourtly investments.