Until the 75th minute all that separated Gareth Southgate's lacklustre side from 171st-ranked Malta was an early own goal by Enrico Pepe and they endured some anxious moments in between. But there was precious little to get enthused about as several England fringe players failed to shine in Southgate's 90th match in charge. England had already qualified for the Germany showpiece and victory over Malta ensured they top Group C, regardless of what happens in their match away to North Macedonia on Monday. A point in North Macedonia should ensure England are amongst the top six seeds for Euro 2024. "The number of games these players are playing, it's almost a self-regulation, sub-consciously you do just enough to win."

November 18, 2023 21:57 UTC

On 8 April 1970, Israeli forces attacked Bahr al-Baqar Primary School in Sharqeya governorate, Egypt, killing 30 children and injuring many more. About 53 years later, Israel bombed two other schools in the besieged northern Gaza Strip: Al-Fakhoura School in Jabalia Camp and Tal Al-Zaatar School. She said during a press conference in Ramallah that 26 out of 35 hospitals in the Gaza Strip had been destroyed and were out of service. Jordan and Egypt expressed their condemnation of Israel’s bombing of Al-Fakhoura School, which belongs to the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), in the northern Gaza Strip. Egypt described the attack as another war crime committed by Israel in Gaza.

November 18, 2023 21:45 UTC

The Central Bank of Egypt (CBE) released a report on the inflation rates in October 2023, showing a decrease in both headline and core inflation for the fourth consecutive month. The CBE highlighted that the annual inflation rates in October 2023 were affected by a favorable base effect, which means that the inflation rates in the same month last year were higher than usual. Prices of poultry and eggs increased by 11% and 8.9%, respectively, contributing 0.78% to the monthly headline inflation. Prices of dairy products, market sugar, and other core food items increased by varying rates, contributing 0.2% to the monthly headline inflation. Prices of regulated items remained broadly stable, with no significant contribution to the monthly headline inflation.

November 18, 2023 21:34 UTC

Spokesman for the Presidency, Counselor Ahmed Fahmy, said the meeting focused on the latest in the Israeli military escalation in the Palestinian Territories. President El-Sisi reviewed Egypt’s efforts in this context, in addition to its role in the reception of wounded Palestinians and the evacuation of foreign nationals. For her part, the President of the European Commission offered an overview of her assessment of the developments in Gaza. Mrs. von der Leyen agreed with this and stressed the European position of rejecting the displacement of the Palestinians. The meeting also discussed ways to strengthen cooperation relations between Egypt and the European Union, given the firm and close bonds the two sides share.

November 18, 2023 13:57 UTC

CAIRO – 18 November 2023: Preparations have been taken to receive a number of premature Palestinian babies to the Rafah border crossing with Gaza, in implementation of the directives of President Abdel Fattah El-Sisi, reported Al Qahera News on Saturday. Two days ago, President Sisi instructed medical establishments to prepare for receiving Palestinian newborns from the Gaza Strip to join dozens of the critically injured, mainly children, who are lying in Egyptian hospitals. A spokesman for hospitals in the Gaza Strip told media on Saturday that 51 patients and four premature children were killed due to the outage of electricity caused by the lack of fuel in Al Shifaa HospitalChief of the Egyptian Red Crescent Ramy al-Nazer told a press Thursday that the total number of aid trucks that entered the Gaza Strip, through Rafah Border Crossing, since the beginning of the crisis had amounted to 1,090 carrying a total of 18,800 tons. The shipments included food, water, medicines, medical supplies, and various equipment.

November 18, 2023 13:27 UTC





Egypt has shown its economic vision that can anticipate the future, deal with its challenges and opportunities, and face risks. The conference discussed the economic opportunities in Egypt and the key sectors of the Egyptian economy, such as energy, tourism, agriculture, and industry. Therefore, the Egypt Economic Summit is expected to witness the participation of the IR Global network, which specializes in providing professional services, along with the A&B Foundation. Egypt has huge investment opportunities, which is reflected in the investment rate, which has been stable since 2014, and there are opportunities to attract huge investments in the future, especially concerning specialized investments. The industrial growth rate also reached 5.6%, and the highest level of industrial investments reached 55% during the current fiscal year.

November 17, 2023 09:16 UTC

The Information Technology Institute (ITI) and Vodafone Intelligent Solutions (VOIS) have signed a cooperation protocol to provide specialized training for young professionals in various technological fields. The protocol was witnessed by Amr Talaat, the Minister of Communications and Information Technology. It also aims to create new employment opportunities for ITI graduates within VOIS, the strategic arm of Vodafone Group globally. Pedro Sardo, Head of the Information Technology Sector for Vodafone Group, praised the high competitiveness of Egyptian human resources and the significant progress in Egypt’s infrastructure and information technology. Mohamed Samy, Head of the International Technology Sector for Vodafone Intelligent Solutions, affirmed that the company has new expansion plans to provide over 1,000 diverse job opportunities in the next two years within the company’s technology sector.

November 17, 2023 09:14 UTC

Minister of Trade and Industry Ahmed Samir highlighted the importance of accelerating the implementation and activation of the African Continental Free Trade Area (AfCFTA) as it is an essential axis of increasing intra-African trade rates. The minister explained that he discussed with Kenyan Minister of Investment, Trade and Industry Rebecca Miano, some of the exceptional restrictions that Kenya recently imposed on its imports from abroad, which affected Egyptian exports. The Minister also met with Wamkele Mene, the first Secretary General of the AfCFTA, and Ambassador Albert M. Muchanga the commissioner for Trade and Industry of the African Union Commission with Pamela Coke-Hamilton executive director of the International Trade Center. During his meeting with Jean Chrysostome, Rwandan Minister of Trade and Industry, Samir pointed out the necessity of accelerating the implementation of the AfCFTA and its full entry into force. The Egyptian minister welcomed the study of opportunities to import distinguished Ivorian products, especially since the Egyptian Ministry of Agriculture has recently approved Côte d’Ivoire as one of the approved sources for importing cotton.

November 16, 2023 21:29 UTC

On Wednesday, the director of the Al-Shifa Medical Complex in Gaza, Mohamed Abu Salamiya, said that the Israeli army was still occupying several hospital buildings, and shooting at anyone who moved. He called for the urgent delivery of fuel to all hospitals, and coordination for the safe evacuation of children and patients from Al-Shifa Hospital. He said that the Israeli army did not allow children to be brought to nurseries and that children and kidney patients at Al-Shifa Hospital were in grave danger. Moreover, The United Nations said that the quantities of fuel that entered the Gaza Strip were insufficient at all. Griffiths explained that UNRWA needs to make room to prepare shelters in the southern Gaza Strip, adding, “We urge that the displaced residents of northern Gaza be allowed to return to their homes.”

November 16, 2023 20:53 UTC

Israeli Minister and War Council member Gideon Sa’ar said that he does not see the Palestinian Authority as a suitable partner for the post-war period, and would like for Egypt or Saudi Arabia to have a role in managing Gaza, RT Arabic reported. This came during an interview with the “i24NEWS” channel, in which he talked about his vision for the post-war phase in Gaza, and what security intervention should be carried out by Israel. He also expressed his opinion on a proposal for the Palestinian Authority to take over the intervention. The question is: How can the Palestinian Authority, which is unable to control the areas under its control in the West Bank such as Jenin, control the Gaza Strip? I think we have other goals and this is not part of the goals set by the mini-ministerial council.”

November 16, 2023 17:35 UTC

The index is based on seven sub-indicators: Net Interest Margin, Nonperforming Loans-to-Total Loans ratio, Loan-to-Deposit Ratio, Tier-1 Capital Adequacy Rate, Return on Average Assets, Return on Average Equity, and Cost-to-Income Ratio. AlexBank achieved a net income of EGP 7.3bn last year, with an average of EGP 113bn in assets generating returns. It had the second-highest rate in net interest margin, as most of its gains came from interest. It also had the third-highest rate in return on average assets and average equity. Meanwhile, the return on average equity increased to 17.7% from 16.1% in 2021, and the net interest margin decreased to 3.8% from 4.2%.

November 16, 2023 16:59 UTC

CAIRO - 16 November 2023: A UN Security Council resolution calling for humanitarian pauses in Gaza is “disconnected from reality and is meaningless,” Israel said Wednesday. Twelve countries voted for the Malta-drafted resolution, with the U.S., the U.K., and Russia abstaining. The resolution calls for “urgent and extended humanitarian pauses and corridors throughout the Gaza Strip for a sufficient number of days to enable, consistent with international humanitarian law, the full, rapid, safe, and unhindered humanitarian access for United Nations humanitarian agencies and their implementing partners.”It also calls for the release of “all hostages held by Hamas and other groups, especially children” and for all parties to “refrain from depriving the civilian population in the Gaza strip of basic services and humanitarian assistance.”Israeli Ambassador to the UN Gilad Erdan said in a statement after the vote that “regardless of what the council decides, Israel will continue acting according to international law while the Hamas terrorists will not even read the resolution at all, let alone abide by it.”

November 16, 2023 13:40 UTC

Oriental Weavers aims to expand its export operations during the current year, with plans to increase its business base in key markets such as France, Brazil, and Germany in the current quarter. The company is currently expanding both through export and establishing a presence in foreign countries, with the company’s international markets reaching approximately 130 countries. Meanwhile, the company’s sales in the European market jumped by 88% during the third quarter, driven by the introduction of new products to the market, increasing the company’s sales volume. On the other hand, sales in the African region witnessed significant growth of 153% on an annual basis during the current quarter, driven by strong demand in Libya, Kenya, and Tanzania. The company’s total revenues during the same period recorded EGP 12.8bn, compared to EGP 9.5bn during the comparative period, representing an increase of 36%.

November 16, 2023 09:48 UTC

Although operating expenses, including provisions and Expected Credit Losses (ECL), rose 22% Y-o-Y to EGP 2bn in 3Q23, the Group’s net operating profit soared to EGP 1bn, reflecting an impressive 40% Y-o-Y increase. The Group’s net profit after tax and minority interest amounted to EGP 395m, a notable 24% Y-o-Y growth. Despite lower revenue contributions from Holding and Treasury Activities, as well as Investment Banking, EFG Hermes’ net operating profit amounted to EGP 390m, a notable 22% Y-o-Y increase. Operating expenses inched up 7% Y-o-Y to EGP 538 million primarily due to higher employee expenses and provisions, leading net operating profit to dip 20% Y-o-Y to EGP 129m. Consequently, the bank’s net profit after tax soared an impressive 214% Y-o-Y to EGP 345 million.

November 16, 2023 09:47 UTC

Following the outbreak of Israel’s assault on the Gaza Strip, several influencers and celebrities worldwide have lost their jobs simply for declaring their solidarity with the victims of the aggression. Palestinian model Bella Hadid stood at the forefront of support for the Palestinian cause, turning her life upside down. Her vocal opposition to the occupation army has earned her death threats, scaring her family, but Hadid refused to remain silent. This would cost her a deal with high fashion house Dior, who would replace her with Israeli model May Tager. Another account said: “Celebrities’ words are influential, and their support for the issue makes a difference, defines it, and communicates the issue to the largest possible number of people.”

November 16, 2023 06:11 UTC