Mthmr, a Saudi Arabian platform that specializes in technology solutions, intends to enter the Egyptian market by 2025, after expanding to Kuwait and the United Arab Emirates by the end of this year. Abdul Rahman Qumsani, the co-founder of the platform, said that the company is planning to raise $4m in a new funding round soon, after closing a $2m round a few months ago. He told DNE, at the Forbes Middle East Summit, that the company aims to enter all Middle Eastern countries with the same brand. He added: “However, we plan to change the brand in Pakistan and Turkey.”Mthmr was founded in 2021 by Abdul Rahman Qumsani and Abdul Rahman bin Najifan, to provide a comprehensive tool to help individuals track their expenses and increase their savings. The company also offers, through its app, the latest deals and offers to help users save and maintain financial balance.

CAIRO – 17 January 2024: UN Senior Humanitarian and Reconstruction Coordinator for Gaza Sigrid Kaag made a visit to the Rafah border crossing on Wednesday. In press remarks at the crossing, Kaag vowed to work to ensure the delivery of the largest possible aid to people of the Gaza Strip, Al-Qahera News reported. Meeting Egyptian FMOn Tuesday, the UN senior humanitarian Gaza coordinator met with Egypt’s Minister of Foreign Affairs Sameh Shoukry, during which she gave an overview of her priorities and vision amid the grave humanitarian situation in Gaza. During the meeting, Shoukry and Kaag stressed the necessity to boost humanitarian aid flow to Gaza in sufficient quantities to meet the urgent needs of the Gaza population. Shoukry highlighted Egypt’s commitment to ensuring continuous delivery of humanitarian aid to Gaza since the start of the crisis despite the obstacles deliberately placed by the Israeli side.

We blame ourselves for not being able to come up with creative ideas or be as productive as we promised ourselves to be. How do you overcome this feeling and see things in a different light? We don’t have to feel guilty for not feeling like doing something. 4- Take Things Step by StepWhatever field you’re in or even if you’re studying, always remember to not be overwhelmed by the quantity of work in front of you. 6- Seek Amusement and Find the MuseIf you’re studying or working, we are doing it for the sake of being better at it.

Peter Winter, the US Embassy spokesperson in Cairo, said that the Houthi attacks on ships in the Red Sea are raising the prices of food, fuel and humanitarian aid in the region. Winter said that Egypt and other countries that benefit from the Red Sea and Suez Canal trade will suffer the most from the Houthi attacks. He also said that Jordan, which has only one port in Aqaba, is at risk of losing its access to the world because of the traffic problems in the Red Sea. Winter defended the US strikes on Yemen, saying that they were “a response to the unprecedented Houthi attacks on the international naval vessels in the Red Sea. “The Houthis’ actions also make it more expensive to deliver food to the Yemeni people.”On 18 December, the US and 20 of its allies launched an operation called “Prosperity Guardian” to protect the navigation in the Red Sea and “to deal with the threats to the Egyptian economic interests in the Red Sea.”

Gold prices in the Egyptian market have reached the highest level ever, despite the global price of an ounce falling, according to a report by Gold Bullion. This shows that local factors are more influential on the prices than the international ones. The most popular 21k gold started trading on Tuesday at EGP 3,360 ($109) per gram, and then rose to a record high of EGP 3,400 ($110) per gram. This was after the price increased by EGP 80 on Monday and closed at EGP 3,360 per gram. This news has raised concerns among market players and pushed the price of the hedge dollar, which is used to price gold, to record levels.

Then we step into this confusing phase of having to guess everything they do, wondering whether they are into you or not. In this article, we'll explore some tell-tale signs that they may not be into you. So, if any of the things we’ll tell you here rings a bell, you are better off without that person and you deserve someone way better. Talking about themselves too muchUsually, when going out on dates, the person you are with would love to know more about you, and what you love and hate. Taking way too long to reply back, leaving huge time gaps between each reply and kind of ghosting you for hours, even days, are all signs they are not really into you5.

Cairo – January 16, 2024: Egypt is set to receive $250 million in a Sharia-compliant trade loan facility from the Africa Finance Corporation (AFC), in partnership with the International Islamic Trade Finance Corporation (ITFC), to support purchases of certain essential commodities. Meticulously structured per Sharia principles, the trade loan represents a dynamic response to the evolving economic landscape in Africa, the AFC explained. Egypt was formally welcomed into the Africa Finance Corporation in March 2023 as its first North African sovereign shareholder. The AFC and ITFC provided Egypt with loan facilities worth $50 million back in November 2022. Islamic banking represented 5 percent of the overall Egyptian banking market after reaching LE 562 billion in September 2023, according to a November report by the Egyptian Islamic Finance Association (EIFA).

The Egyptian government plans to set up a company to handle the export and rental of local properties in foreign currency, as part of its Economic Strategy for 2024-2030. The company, whose details are yet to be disclosed, aims to generate revenues of $2-3 billion annually from exporting real estate in hard currency, in return for granting residency in Egypt for five years. The fund will be issued by one of the major investment banks and managed by a fund manager with international expertise. This way, the buyer benefits from owning the unit and getting their money back at the same value. Meanwhile, the government benefits from the inflow of foreign currency from abroad, and the companies benefit from increasing their sales.

Spain's 2023 World Cup winner Aitana Bonmati was voted the best women's player of the year. City's Pep Guardiola won the Best Men's Coach award. Sarina Wiegman claimed the Best Women's coach prize after leading England to the World Cup final where they lost 1-0 to Spain. Seven of her Lionesses were included in the Women's World XI, including Mary Earps, who also took the Best Women's Goalkeeper Award. Brazil's Manchester City keeper Ederson won the men's award.

DOHA, Jan 15 (Reuters) - Jordan crushed Malaysia 4-0 in the Asian Cup while Iraq cruised to a 3-1 win over Indonesia as the west Asian sides flexed their muscles in their respective group openers on Monday. Al-Taamari grabbed his second when he lobbed the keeper in the 85th minute to complete the rout. However, Iraq burst Indonesia's bubble late in added time just before the interval when Osama Rashid scored from close range after the keeper spilled a save. Substitute Aymen Hussein then won a header in the 75th minute and volleyed home from the edge of the six-yard box to make it 3-1. Iraq are second in Group D behind four-times champions Japan, who beat Vietnam 4-2 on Sunday.

It also said that the Israeli forces had carried out 12 massacres in the Gaza Strip, killing 132 people, in the last 24 hours. The Civil Defence in Gaza reported that over 70% of the northern Gaza Strip was uninhabitable, due to the Israeli bombing. The World Health Organization (WHO) said that there were one million displaced women and about 50,000 pregnant women in the Gaza Strip. The Gaza Strip mainly relies on about 80% of the flour supplied by UNRWA and other humanitarian agencies. The Israeli military said on Monday that 18 officers and soldiers were injured in clashes in Gaza in the last 24 hours.

Cairo – January 15, 2024: Egypt’s cement industry’s annual output of 92 million tons has enabled the country to be ranked among the top 10 cement producers globally, providing essential support for the country's industrial landscape, according to Minister of Trade and Industry, Ahmed Samir. Samir also emphasized the pivotal role of Egypt's cement sector as a pillar for the nation's infrastructure and urban development projects, as well as the industrial sector’s role as a key player in Egypt's recovery, addressing global and regional economic challenges. Samir stressed the importance of continued efforts to navigate opportunities and challenges in achieving sustainable development within Egypt's industrial sector, particularly in cement production. He emphasized the government's commitment to incentivizing local and regional manufacturers, fostering a conducive industrial environment, and promoting the pivotal role of the private sector. Egypt's cement exports witnessed substantial growth during the first nine months of 2023, surging by 22 percent to reach $625 million, compared to $512 million in the same period in 2022.

Egypt ranked sixth in the world and fifth among low and middle-income countries in receiving financial remittances from overseas workers in 2023, according to a branch of the World Bank. About 200 million overseas workers sent money to their home countries, benefiting 800 million family members. This would reduce the cost and time of money transfers and direct informal transfers to official channels. Post offices charged around 7%, money transfer companies 5.3%, and mobile money transfers 4.1%. However, mobile money transfers were the least used, representing less than 1% of the total volume.

CAIRO – 15 January 2024: The Cabinet's media center denied reports about issuing a decision cancelling exams in some schools nationwide temporarily over the spread of chickenpox disease among the students. The ministries denied as baseless the reports about the cancellation of the exams or the spread of chickenpox among the students in schools, it added. The health ministry asserted the health situation is safe and stable in all schools. The education ministry said no decisions were made in this regard. All mid-term exams are held on schedule, the education ministry said, pointing out to precautionary and preventive measures being applied to protect against any contagious diseases.

Housing Minister Essam al-Gazzar said on Sunday 14/1/2024 a new boom is now being witnessed in the new Egyptian State, stressing that fruits of what was achieved over the past period will be reaped within the coming stage. In New Egypt, there is a chance for all citizens at all levels. The business district also houses the Iconic Tower, a supertall skyscraper with a total structural height of almost 400 meters. The first stage includes the construction of three out of 20 high-rises in the district to be constructed by China State Construction Engineering Company (CSCEC) for the Egyptian Housing Ministry the minister said. He thanked the Chinese company for its efforts in completing Phase I, saying the same company will be responsible for carrying out another project at the business district in the New Alamein City.