In alignment with the kickoff of the election campaign period for the upcoming presidential elections, the Corniche road, squares, and streets of Alexandria witnessed a widespread display of campaign materials for presidential candidate Abdel Fattah El-Sisi. Banners and posters adorned with slogans such as "Beloved by Millions - We will complete the journey - Long live Egypt" lined the thoroughfares. The election campaign period for presidential candidates in the 2024 elections commenced last Thursday, following the announcement of the final list of candidates by the National Electoral Commission, led by Counselor Hazem Badawy. Candidates utilize these electoral symbols in the presidential race, and the campaign period will continue until the start of the electoral silence, as stipulated by the National Electoral Commission on December 8. It's noteworthy that the National Electoral Commission had earlier released the timetable for the presidential election procedures and dates.

November 14, 2023 20:55 UTC

Egypt - The outstanding balances of local treasury bills (T-bills) and bonds (T-bonds) reached approximately EGP 4.961trn by the end of September 2023, according to the latest report published on the Egyptian Ministry of Finance website. This includes EGP 2.605trn in treasury bills and EGP 2.355trn in bonds. The report shows that the outstanding balances of T-bills included around EGP 1.189trn for 364-day bills, approximately EGP 219.611bn for 273-day bills, about EGP 564.504bn for 182-day bills, and approximately EGP 632.209bn for 91-day bills. Outstanding balances of Egypt’s external bondsIn a related context, the Ministry of Finance disclosed the outstanding balances of Egypt’s external bonds until the end of September 2023. These balances also include bonds worth $1.5bn issued on 28 February 2023, due on 28 February 2026, with a yield of 10.875%.

November 14, 2023 19:12 UTC

The Al-Qassam Brigades, the military wing of Hamas, claimed that they had completely or partially destroyed 20 Israeli military vehicles in the span of 48 hours. Abu Ubaida said that the Israeli forces would face the resistance of the mujahideen in every step they took. He revealed that Qatari mediation efforts had led to an agreement to release Israeli prisoners in exchange for 200 Palestinian children and 75 women. Israeli TV Channel 13 reported that 20 rockets were fired from Gaza towards the coastal cities and Tel Aviv. The Jerusalem Brigades, the military wing of the Islamic Jihad movement, also said that they had targeted the Israeli vehicles that had entered the land of Abu Oreiban, south of the Al-Zaytoun neighbourhood, with 107 missiles.

November 14, 2023 19:10 UTC

Egypt stated on Monday through its Ministry of Foreign Affairs, denouncing the Israeli occupation forces’ attack on the office of the Qatari committee for the reconstruction of Gaza. The statement said that this was a clear violation of international law, which requires the protection of civilians and the avoidance of targeting civilian facilities. Egypt said that the attack on a vital office of a fraternal Arab country that plays a significant role in supporting the reconstruction efforts in Gaza was inhumane and unjustifiable by any false pretext or rationale. The statement also urged the international parties to take serious and clear positions and to fulfill their responsibilities to stop these Israeli aggressions in Gaza. It also called for naming the violations without ambiguity and holding the perpetrators accountable.

November 14, 2023 17:02 UTC

CAIRO - 14 November 2023: Egyptian Presidential candidate Farid Zahran revealed the details of his presidential program, saying that the essence of his program is based on the idea of change, in which he seeks to change the course of the system that monopolizes power and the public sphere. The first multiparty presidential elections in Egypt were in 2005. He must be an alternative to some solution and must represent different groups, visions, and interests.”He continued: “I represent an alternative, not just a person. I represent parties, the Egyptian opposition, and any role in political society. He said: “People outside the political and cultural community do not know me, but it is easy to know me through my different stances on causes.

November 14, 2023 13:05 UTC





CAIRO - 14 November 2023: The third edition of the Intra-African Trade Fair, IATF2023, shed light on the challenges and future outlook of the African sports industry. Discussing the future outlook, Shuaibu presented realistic solutions through partnerships, collaboration, more sports-preneurs, consistent investment, data and insights, favorable government policies, and government support and endorsement. She emphasized the need for reliable data in African sports. “We don't really have reliable data with African sports,” she commented. Global sports industry revenue in 2021 reached about $400 billion, with global sponsorship spending hitting approximately $14 billion.

November 14, 2023 10:47 UTC

Humanitarian aid reached the Palestinian side of the Rafah crossing in cooperation with the Red Crescent- FileCAIRO – 13 November 2023: The Rafah border crossing is open and has not been closed since the beginning of the crisis in the Gaza Strip, said Egyptian Foreign Ministry Spokesperson Ahmed Abu Zeid in a statement on Monday. The Israeli side is the one who impedes the entry of aid into Gaza by its obstructive procedures and conditions and weak justifications, Abu Zeid added, saying “Egypt totally rejects the allegations that are being promoted [against the Egyptian stance]. He called upon those who promote or claim that the Rafah border crossing closed should go back to UN and international relief statements, which confirm that Egypti has taken all facilitations to deliver aid fast and in a sustainable manner.

November 13, 2023 21:31 UTC

(MENAFN- Daily News Egypt) A delegation from Xinhua, China's state-run news agency, led by Yuan Bingzhong, Deputy President of Xinhua News Agency, paid a visit to the headquarters of Daily News Egypt in Cairo, on Sunday. The Xinhua delegation was warmly received by Daily News Egypt's Executive Editor Mohamed Samir Khedr. “We are honoured to have Xinhua visit our headquarters and strengthen our ties with this esteemed news agency,” Khedr said. During their visit, the Xinhua delegation was given a tour of the Daily News Egypt office and met with journalists. They also discussed the global media landscape and the importance of cooperation between the two media organizations in promoting cultural exchange and understanding between Egypt and China.

November 13, 2023 20:50 UTC

The outstanding balances of local treasury bills (T-bills) and bonds (T-bonds) reached approximately EGP 4.961trn by the end of September 2023, according to the latest report published on the Egyptian Ministry of Finance website. This includes EGP 2.605trn in treasury bills and EGP 2.355trn in bonds. The report shows that the outstanding balances of T-bills included around EGP 1.189trn for 364-day bills, approximately EGP 219.611bn for 273-day bills, about EGP 564.504bn for 182-day bills, and approximately EGP 632.209bn for 91-day bills. Similarly, the Ministry of Finance revealed that the outstanding balances of T-bonds reached around EGP 2.355trn by the end of September, including approximately EGP 95.027 billion of zero-coupon bonds and around EGP 28.247bn of variable-yield bonds. Outstanding balances of Egypt’s external bondsIn a related context, the Ministry of Finance disclosed the outstanding balances of Egypt’s external bonds until the end of September 2023.

November 13, 2023 14:27 UTC

The Israeli military has been bombing the Gaza Strip for more than a month, targeting hospitals, schools, mosques, churches, and residential buildings. Tel Aviv responded by imposing a total blockade on Gaza and carrying out airstrikes on civilians, followed by a ground invasion of northern Gaza on 27 October. Hamas, on the other hand, has demanded an end to the Israeli blockade and occupation of Gaza, and the recognition of Palestinian rights. He added: “We have lost 3 premature babies so far in Al-Shifa Medical Complex. About 10,000 people are currently in the Al-Shifa Complex and are missing the necessities of life.

November 13, 2023 13:17 UTC

CAIRO – 13 November 2023: Egypt’s President Abdel Fattah al Sisi welcomed on Monday all African presidents, leaders, delegations and companies participating at the Intra-African Trade Fair (IATF2023) in Cairo. He stressed in a short speech at the inauguration of the 3rd edition of the Intra-African Trade Fair (IATF2023), the importance to strengthen intra-African trade between countries. He said:” We, in Egypt, work to ensure that our support comes is every positive way and we are keen on playing a role that benefits all people. Because in Africa we have all the capabilities, but as you all know, there are some obstacles, and we are only keen on building, working and reconstruction, nothing more than that.” Sisi said. Egypt’s President Abdel Fattah al Sisi participated on Monday in the inauguration of the 3rd edition of the Intra-African Trade Fair (IATF2023) in Cairo.

November 13, 2023 11:51 UTC

The 3rd edition of the Intra-African Trade Fair (IATF 2023) was inaugurated by Minister of Trade and Industry Ahmed Samir in Cairo on 9 November. IATF aims to increase intra-African trade and present great investment opportunities and potentials available in the African continent. The Minister said that Egypt is aware of the importance of regional and continental economic integration, as it is the best way to achieve growth and prosperity for the African people. He noted that the Egyptian government is working in coordination with the governments of African countries to overcome all obstacles that may hinder regional economic integration. He also said that Egypt is sharing its experiences with African countries and advancing initiatives to develop economic cooperation among African countries.

November 12, 2023 21:30 UTC

Taly, a company that specializes in digital payment solutions backed by Banque du Caire, is planning to launch a new platform for corporate payments next month, as well as an app for individual payments, as part of its expansion strategy. He added that the online or remote payment platform, which is specialized for merchant services, has been very popular, especially since this sector has higher growth rates and acceleration than other payment systems. Taly aims to provide digital transformation services that enable customers to collect money and manage their businesses through a technological infrastructure. He said that the company’s plan includes providing technological infrastructure for digital banks and that the cooperation will not be limited to digital banks only. He said that the company’s cooperation with digital banks may also involve providing technical advice and launching quality products and services.

November 12, 2023 20:24 UTC

CAIRO - 12 November 2023: According to a statement released by the Ministry of Finance, the ministry, Deutsche Bank, Bank ABC, and the Arab Investment and Export Credit Guarantee Corporation (Daman) to secure $500 million in new development financing. This joint effort aims to diversify funding sources through innovative, diverse, and sustainable tools while addressing environmental and governance requirements. The Ministry of Finance commends the interest shown by international and regional banks and expresses gratitude for the involvement of Daman, Deutsche Bank, and Bank ABC, as their participation aids in diversifying sources of financing. The minister further revealed that Egypt's goals for 2023 include developing and establishing 53 hospitals with a budget of LE 27.909 billion. Additionally, Egypt plans to construct three hospitals in 2024 for LE 14.1 billion and an additional 14 hospitals in 2025, requiring investments of LE 19.56 billion.

November 12, 2023 18:03 UTC

The Palestinian resistance has inflicted heavy losses on the Israeli occupation army, destroying more than 160 military vehicles, including tanks, in the past 48 hours, according to Abu Ubaida, the spokesperson of the Al-Qassam Brigades, the armed wing of Hamas. Abu Ubaida said in a recorded speech on Saturday that the resistance fighters are confronting the Israeli tanks with fierce resistance and forcing them to retreat or change their course of invasion. Meanwhile, the Al-Quds Brigades, the military wing of the Islamic Jihad Movement, said that they targeted Israeli military gatherings near the Zaytoun neighbourhood in Gaza with mortar shells and rockets. Also on Saturday, the Israeli occupation army announced the death of five of its soldiers in clashes in Gaza, bringing the total number of its casualties to 43 since the start of the ground operation on October 27. The demonstrators, escorted by the British police, waved Palestinian flags and banners reading “Free Palestine” and “Stop the bombing of Gaza.”

November 12, 2023 17:27 UTC