Molla was speaking at the 1st Unlocking Industries – Hydrogen in Africa, an event held as part of the German-African Energy Days, which run from June 1 to 10. He revealed that a specialized multi-ministerial committee is currently working on a hydrogen production strategy. Egypt also has great potential and competitive advantages that enable it to make bold inroads into the hydrogen industry, especially its natural gas resources to support blue hydrogen production, which is necessary both on the short and long runs for effective and economically feasible green hydrogen production, Molla pointed out in a press release. The conference explores country insights on hydrogen potential and business opportunities and discussions on the necessary strategic approaches for private sector and politics. This is the first ever premium event in German, European and African hydrogen cooperation and a starting point for unlocking industries worldwide through hydrogen in Africa.

CAIRO – 9 June 2021: The head of the Suez Canal Economic Zone, Yahya Zaki, said that one million square meters of the Russian industrial zone in Port Said Governorate had been completed and equipped, representing 20 percent of the area allocated to Russian industries. Zaki added that there are some developments regarding the Russian industrial zone agreement, as there are some amendments to the agreement. Head of the Suez Canal Economic Zone explained that these developments have gone through many discussions during this year, and these matters have been completed and all these points will be crystallized during the meeting of the Egyptian-Russian committee scheduled to be held in Moscow in the third week of this month. On June 8, Minister of Trade and Industry Nevin Gamea witnessed the signing of a framework agreement between the Suez Canal Economic Zone and its Polish counterpart in the Katowice region to establish a Polish industrial zone in Ain Sukhna, in the economic zone. The signature aims to establish a Polish economic zone in Ain Sukhna, with an area of ​​400 to 1,000,000 square meters, targeting food industries, electronic industries and auto spare parts.

Dollar prices on Wednesday witnessed remarkable stability, recording LE15.62 for purchase and LE15.72 for sale at Banque Misr and the National Bank of Egypt. While the Central Bank of Egypt recorded LE15.63 pounds for purchase, and LE15.73 pounds for sale. At the Commercial International Bank, it recorded LE15.64 pounds for purchase and LE15.74 pounds for sale.

CAIRO – 9 June 2021: President Abdel-Fattah El-Sisi directed the immediate start of the implementation of the Fustat Hills Park project, while speeding the executive timeline. The Fustat Hills Park once completed - SISThis comes in light of the project’s multifaceted added value to the efforts of developing Greater Cairo. Once completed, the park will present a view of the timeless history of Egypt, to become a regional and global tourist destination that reflects the nobility of the Egyptian civilization. The Fustat Hills Park project once completed - SISWithin the framework of the project, the roads, axes and main entrances surrounding the project’s site will be developed to accommodate the movement of citizens and the expected tourism to the park. This came during President Abdel Fattah El-Sisi's meeting Wednesday with Prime Minister Mostafa Madbouly, and Advisor to the President of the Republic for Financial Affairs Mohamed Amin.

The latest example of this technological amalgamation is from Huawei, who recently launched an all-new smartwatch, the HUAWEI WATCH FIT ELEGANT. However, at its heart, the HUAWEI WATCH FIT ELEGANT still maintains its focus on health and fitness, which has become key today. The HUAWEI WATCH FIT ELEGANT, however, has it running passively all-day long, without risking battery life. In addition to SpO2 tracking, the HUAWEI WATCH FIT ELEGANT keeps an eye on a lot more key indicators for a better managed lifestyle. Another aspect of health comes down to fitness: HUAWEI WATCH FIT ELEGANT makes it all easier with bringing a personal trainer directly to the user’s wrist.

CAIRO – 9 June 2021: The Egyptian Meteorological Authority warned that the country will witness a heat wave on Wednesday and Thursday, where temperature degrees will climb hitting 38 degrees Celsius in Cairo. The heat wave is expected to last until Monday. The authority further expected the temperature degrees over the coming days, where Cairo will record highs of 37 °C on Thursday and 35 °C on Friday, Saturday, Sunday and Monday. The Northern Coasts will record highs of 30°C on Wednesday, 27°C on Thursday, 28°C on Friday, Saturday, Sunday and Monday. While the Southern Upper Egypt sees hot weather, which is typical in this area, recording highs of 41 on Saturday, and hitting 45°C as the highest during the next week.

Minister of International Cooperation Rania al-Mashat announced Wednesday that last year saw her ministry conclude development cooperation agreements with multiple partners worth US$900 million, to promote investment and upgrade Egypt’s human capital. She explained that this includes $500 million for the social protection sector and $400 million for comprehensive health insurance project. The government has taken several steps to stimulate investment in human capital and human building in various fields, including health, education, women’s empowerment and more, which she explained is in order to push towards building a more flexible and sustainable future. She referred to the state enacting a project support rural communities in 63 villages in five governorates, done in n cooperation between national authorities and the World Food Program, which has helped enhance the capacity of these communities to be productive, empower women and support small farmers. This projects comes within the ministry’s role in setting up cooperation between national authorities and development partners to support government development efforts and ensure effective results from international partnerships.

CAIRO – 9 June 2021: Ministry of Tourism has closed 25 hotels and 17 tourist restaurants over violating precautionary measures set to avoid the spread of Coronavirus. This comes within the framework of the ministry’s role to ensure the service quality provided at the hotels and tourist facilities whether they are adhering to the precautionary measures and health safety controls. These committees monitored violations by 25 hotels in governorates of Cairo, Red Sea and South Sinai, in addition to 17 tourist restaurants in Cairo, which were found not complying with the COVID precautionary measures. According to the ministry, the facilities and hotels were closed for a week, and will pay a fine of L.E. These secret committees will continue to inspect hotel and tourist establishments to monitor any violations and take necessary legal measures.

Matcha has created hype and gained popularity for its numerous health benefits, and the versatility of its recipes. Though growing widely popular, not everyone is fully aware of the benefits of matcha and how different is it from green tea. So, what is the difference between matcha and green tea? Matcha helps you de-stress and promotes a relaxed state of mind. Different ways to use and consume matcha• Matcha latte.

Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla announced that his country has taken steps to enter the hydrogen industry and produce it as a clean source of fuel. Work is currently underway to develop a strategy for the hydrogen industry in Egypt through a specialized ministerial committee in which the Ministry of Petroleum and Mineral Resources participates as a main member, he explained. Egypt has great potential and competitive advantages that qualify it to enter the hydrogen industry, Molla said. Egypt has experience in the technologies used in hydrogen production and its extended partnership with companies providing production technologies, Molla said. Egypt is one of the best destinations for regional and international investors in this promising industry, the minister added.

Egyptian Health Minister Hala Zayed announced that a total of 16,178,994 women have received medical services as part of the “100 Million Healthy Lives” presidential initiative to provide healthcare for Egyptian women, since its launch on July 2019. Ministry Spokesperson Khaled Megahed said that 15,168 medical teams in health units and hospitals concerned with women’s health care have been trained on the latest scientific protocols for early detection of breast cancer. The training involves doctors, nurses, awareness teams in health units, advanced examination physicians, radiologists, pathologists, and technicians in hospitals and oncology centers. Examinations and other service will continue to be provided to women through more than 3,000 health units across the country, he said, adding that 112 hospitals that joined the initiative have provided services for women whose condition requires an advanced examination. The latest treatment protocols for breast cancer are provided free of charge under the initiative, he said.

Wrapping up four days of fashion-fueled shenanigans, Park St. Between Faith Connexion's first fashion show in Egypt to Nicolas Jebran's unprecedented announcement – Sheikh Zayed's Park St. was certainly the fashion industry's center of attention. Announcing the eminent opening of his very first café and restaurant at Park St, in Egypt – Nicolas Jebran certainly created many headlines. Karim El Hayawan and Hend Ghorab's love letter to fashion photography, A Visual Dialogue, featured 20 of Egypt's finest photographers. Offering vouchers worth of $2500, the bank definitely knew how to lavishly celebrate fashion.

Egyptian Minister of Foreign Affairs Sameh Shoukry and Minister of Water Resources and Irrigation Mohamed Abdel-Aty on Wednesday visited Sudan’s Khartoum to further strategic relations and discuss issues such as the Grand Ethiopian Renaissance Dam (GERD). The two ministers are set to meet Lieutenant Chairman of the Sudanese Sovereignty Council General Abdel Fattah Al-Burhan and the Sudanese Prime Minister Abdullah Hamdok. In addition, they are set to hold an expanded session of talks with the Sudanese Ministers of Foreign Affairs and Irrigation at the headquarters of the Sudanese Ministry of Foreign Affairs. Egypt, Sudan and Ethiopia have held several rounds of negotiations over the past decade, but have ultimately failed to reach an agreement. The construction of the dam, which began in 2011, is considered to be one of Egypt’s most serious water issues.

The World Bank on Tuesday said it predicts a rise in the growth rate of the Egyptian economy during 2022 and 2023 to 4.5 percent and 5.5 percent respectively. In the June issue of its Global Economic Prospects report, the World Bank stated that the Egyptian government has adopted more reform steps this year in order to address the repercussions of the coronavirus pandemic. The report said that Egypt raised the minimum wage for public sector employees from July, extended the suspension of fees imposed on most financial transactions for an additional six months starting from the beginning of 2021, and took further measures to boost lending. It also noted that the high number of COVID-19 infections caused uncertainty about the prospects for global economic activity earlier this year. The International Monetary Fund has completed the second and final review of the performance of the Egyptian economic program supported by the fund, with a 12-month stand-by agreement amounting to $5.2 billion.

Remittances from Egyptian expatriate workers from July to March of fiscal year 2020/2021 rose 8.5 percent, from US$1.8 billion to about $23.4 billion, compared to $21.5 billion during the same period of previous fiscal year 2019/2020. The data showed an increase in transfers during March 2021 at a rate of 11.0 percent, to record about $2.9 billion, compared to about $2.6 billion in March 2020. Those transfers almost stabilized from January to March 2021, to record about $7.85 billion, compared to about $7.87 billion during the same period of the previous fiscal year.