A recent research conducted by GSMA Intelligence with support from Huawei revealed that 80% of consumers surveyed across 16 countries now view climate change as the world’s No. Around 56% of Saudi consumers stated that they were willing to pay more to ride in a carbon-neutral taxi, vs. 40% of consumers in other countries. Consumer perceptions are therefore firmly aligned with the scientific consensus that climate change is the single, most crucial, long-term challenge faced by the world. The inclination toward such “green purchasing” appeared to be greatest in countries that are most exposed to extreme weather conditions induced by climate change. Consumers in such countries indicated an above-average willingness to change their behaviour in response to climate change.

The Minister of Petroleum and Mineral Resources, Tarek El-Molla, and the Canadian Ambassador to Cairo, Louis Dumas, witnessed the signing of a gold exploration contract between the Egyptian Mineral Resources Authority (EMRA) and Lotus Gold Corporation, one of the largest Canadian mining companies. The statement said that Lotus Gold Corporation participated in the first and second rounds of the global gold bid No. In the second round, the company obtained the three sectors that are covered by the contract that was signed. Before the signing ceremony, El-Molla met with the company’s delegation, which reviewed the progress of work in the first phase of the exploration sectors. The Minister of Petroleum also held meetings with officials from two other companies that participated in the global gold bid: AKH Gold and Ibdaa Gold.

CAIRO – 26 November 2023: Sources revealed that 273 individuals moved to and from Gaza Strip through Rafah Border Crossing on Saturday, which was the second day of the temporary ceasefire between Hamas and Israel. Hence, the truce deal provided the release of 50 civilian Israelis in exchange for 150 Palestinians. On the first day of the truce, Hamas released 24 in exchange for 39. On the second day, it released 13 in exchange for 42. On the third day, 13 Israelis and 39 Palestinians will be released.

We have loved the myth of Hollywood, its glamour, the magical moments, the red carpet looks, and the awards; however, Hollywood was never a place of freedom and equality. Blacklisting in the 1930s, 40s, and 50sHere’s somewhat of a summary of Hollywood blacklisting in the 1930s, 40s and 50s. Hollywood has shown its true face and is exposed for the double standards they follow, from censoring actors, blacklisting people to signing letters to Biden in support of the No Hostage Left Behind Act. In Hollywood, freedom is here but only for those who follow the status quo with no questions asked. Hollywood may not be ending right now, but the cracks of their hypocrisy are shown and people will not forget this.

The Central Bank of Egypt (CBE) has called on the banking sector to take part in the presidential initiative Decent Life. The Decent Life initiative – the National Project for the Development of the Egyptian Countryside – is a comprehensive and integrated initiative, launched by President Abdel Fattah Al-Sisi, in 2019. The initiative aims to improve the living conditions and daily life of Egyptian citizens, within a framework of integration and unity of efforts among the state institutions, private sector entities, civil society, and development partners in Egypt. The initiative also aims to provide a holistic package of services, covering various aspects of health, social and living conditions. It is a huge shared responsibility among these different parties to provide a decent life to Egyptian citizens, especially vulnerable groups.

The Central Bank of Egypt (CBE) has issued new regulations for credit information and rating companies. The companies must also maintain a record of shareholders holding more than 5% of the capital or voting rights and update it regularly. The companies must also pay an annual regulatory fee of EGP 100,000 to the CBE in January each year. Services and fees: The companies must provide accurate, reliable, and timely credit information and rating services to their clients, in accordance with the CBE’s standards and guidelines. Supervision and inspection: The CBE will conduct periodic on-site inspections of the companies to assess their compliance with the law and the regulations.

[9:37 PM]Hamas said it has responded positively to the Egyptian-Qatari efforts exerted throughout the day to maintain Gaza humanitarian pause. [8:58 PM]The ICRC is preparing to receive 13 Israeli captives and an additional seven foreign nationals released by Hamas on the second day of Gaza humanitarian pause. On the first day of the truce, Hamas released 24 civilians who were detained in the Gaza Strip. Around 70 humanitarian aid trucks arrived in northern Gaza on the second day of humanitarian pause, Al Qahera News reported. He explained that Egypt has so far received positive indicators from all parties that Gaza humanitarian truce may be extended.

London CNN —Oil and gas producers must confront a “pivotal” choice: continue to accelerate the climate crisis or become part of the solution, the International Energy Agency said in a report Thursday. “The oil and gas industry is facing a moment of truth at COP28 in Dubai,” IEA Executive Director Fatih Birol said in a statement. The first is reducing planet-heating pollution from its own operations, such as extracting oil and gas from the ground, processing the fuels and delivering them to consumers. This pollution needs to be cut by more than 60 percent by 2030 from today’s level, the IEA report says. Such an increase would mean a radical change in how oil and gas firms spend their cash.

Chapter Zero Egypt held its fourth awareness session titled “Reporting Guidelines for Businesses” as part of its comprehensive awareness mission to educate business leaders on the opportunities and challenges of climate change and climate governance. The seminar was hosted at Elsewedy Electric premises, where participants were welcomed by Manal Hassan, the Chief Sustainability Director of the company and the Advisor to the Board of Chapter Zero Egypt. The session defined ESG reporting while covering the risks and opportunities of ESG disclosures and the evolution of the Global Reporting Guidelines. Gomaa highlighted that GRI standards are the most widely used and trusted frameworks for reporting on sustainability, with around 95% of companies reporting on sustainability relying on GRI. Chapter Zero Egypt is the first in Africa & the Middle East and the 27th of the Climate Governance Initiative’s global network to promote the adoption of the Principles for Effective Climate Governance published by the WEF in 2019.

"Zeinhom" series staring Ahmed Dawood has become the most-watched series on Watch It platform. This comes after broadcasting the first five episodes of the series, receiving positive audience reactions. The new drama Zeinhom is directed by Yahia Ismail, written by Mohamed Soliman Abdel Malek, and produced by producer Tamer Mortada's Aroma Studios. Alongside Ahmed Dawood, the series stars Karim Kassem, Yara Ghoubran, Salma Abou Deif among others. Through El Container show, Ahmed Dawood explores the industrial revolution that Egypt has undergone in the past five years.

One of the convoys carrying humanitarian aid sent by Egypt to Gaza StripCAIRO - 25 November 2023: Journalist Diaa Rashwan, the head of the State Information Service (SIS), stated that Egypt received a list of the names of 13 detainees in Gaza Strip, and 39 Palestinians detained in Israeli prisons, whose release is scheduled to take place Saturday. The head of the State Information Service confirmed that there are currently intense Egyptian communications with the Palestinian and Israeli sides, to conduct the release of a larger number of Palestinian prisoners in Israeli prisons and those detained by Hamas in the Gaza Strip. Diaa Rashwan concluded his statements by saying that Egyptian efforts, in coordination with all parties, resulted in more than 50 aid trucks moved from the Rafah port to the northern Gaza Strip. Journalist Diaa Rashwan, head of the State Information Service, stated that intensive Egyptian contacts are currently taking place with all parties, to extend the truce period between the Israeli and Palestinian sides, for an additional day or two, to release more detainees in Gaza and Palestinian prisoners in Israeli prisons. He explained that Egypt has so far received positive indicators from all parties that Gaza humanitarian truce may be extended.

Minister of Petroleum and Mineral Resources Tarek al-Molla received Friday 24/11/2023 a delegation from India’s TCI Sanmar Petrochemical, led by the company’s chairman BS Jayaraman, according to a statement by the ministry. The Indian delegation handed over a copy of the company’s fifth report on sustainability and societal responsibility, which are considered important principles of the sector’s strategy. The report, themed “Five Years Of Sustainability” comes in accordance with UN Goals for Sustainable Development and Egypt Vision 2030. Molla said the petroleum sector is keen on applying the principles of sustainability and societal responsibility and pointed out to recent efforts in this vital sector. He added the ministry activated a new work system to implement the sustainability and societal responsibility strategy to unify efforts of different companies in the sector.

Israel’s Shin Bet internal security agency has received the first group of 13 hostages released from the Gaza Strip on Friday, local media reported. After the initial medical assessment, the hostages were returning to Israel, escorted by security forces, Israel Defense Forces (IDF) Spokesperson Daniel Hagari said in a statement. The 13 hostages, all children and women, were sent to Egypt from Gaza and then headed for Israel. As part of the deal, Israel will release 39 Palestinian prisoners on Friday after receiving the hostages. This similar process will be carried out for the next three days during the ceasefire, with 50 hostages in Gaza and 150 Palestinian prisoners in Israeli jails expected to be released.

The meeting discussed the future of climate and development finance ahead of COP28 in Dubai. However, this funding remains largely skewed towards mitigation activities, with 91% allocated to such projects, while adaptation projects received only 5% of total climate finance, and dual-benefit projects received 4%. To bridge the climate finance gap, Mohieldin emphasized the importance of strengthening regional and local dimensions to facilitate increased funding for climate projects. The UAE Presidency of COP28 participated in the second edition of the RPCP, aiming to identify investable, bankable, and implementable climate projects. Mohieldin stated that reforming climate finance is a key objective of COP28 in Dubai.

The Cabinet started its weekly meeting on Wednesday 22/11/2023 under Prime Minister Moustafa Madbouly at the New Administrative Capital (NAC) to discuss a number of political, economic and social files. The meeting dwelt on issuing decisions pertaining to encouraging investments and proceeding with the implementation of a number of national ventures on the various levels across the Egyptian governorates, including Haya Karima (Decent Life) projects. It also tackled measures taken in accordance with directives of President Abdel Fattah El Sisi concerning investment, industry, exportation, agriculture and development files. The Cabinet also addressed social solidarity, taxation, health, sports and education services as well as local markets control, in addition to measures meant to support limited-income brackets and meeting all citizens’ needs.