Standard & Poor’s keeps Egypt’s rating at B with stable outlook, minister
Egyptian Finance Minister Mohamed Maait announced Saturday that Standard & Poor’s has kept the credit rating of Egypt in both local and foreign currencies unchanged at the “B” level, while also maintaining a stable outlook for the Egyptian economy for the third successive time since the beginning of the pandemic. The minister explained that the confidence of international institutions in the Egyptian economy is also due to the large economic and financial reforms implemented during the past years, which gave sufficient flexibility to the Egyptian economy to finance its needs in both local and foreign currencies, despite the recent deterioration of global economic and financial conditions. It also reflects the balance of the economic and financial policies pursued by the government and the Finance Ministry during the past few years and the pandemic era. This has contributed to the Egyptian economy being one of the very few economies in the world that achieved growth and improvement in unemployment rates during the year 2020. The strong performance and growth of these sectors has contributed to limiting the negative impact of the pandemic on a number of economic sectors, such as tourism, aviation, manufacturing, petroleum and mineral wealth.
Source:Egypt Independent
May 08, 2021 13:07 UTC
US envoy discusses GERD with Sudanese officials in Khartoum
Feltman is scheduled to hold talks with the head of the Sudanese Sovereignty Council, Prime Minister, and Ministers of Foreign Affairs, Irrigation and Water Resources. Sudanese Foreign Minister Maryam al-Sadiq received Feltman upon his arrival in Khartoum. Feltman’s mission includes the conflict in Tigray; escalating tensions between Ethiopia and Sudan; and the dispute around the Grand Ethiopian Renaissance Dam. Egypt and Sudan say they want a legally binding agreement on filling and operating the GERD, while Ethiopia is trying to evade a binding agreement. The construction of the dam, which began in 2011, is considered to be one of Egypt’s most serious water issues.
Source:Egypt Independent
May 08, 2021 11:15 UTC
COVID-19 in Egypt: 1,125 new cases, 65 deaths on Friday
Egypt’s Health Ministry on Friday confirmed 1,125 new coronavirus cases, up from 1,110 on Thursday while also reporting 65 deaths and 811 recoveries. The country has now disclosed a total of 235,140 confirmed cases, 175,928 recovery and 13,779 deaths. Cairo, Giza, Fayoum, Minya, and Sohag are the five governorates with the highest infection rates, Health Minister Hala Zayed said on Wednesday. Egypt has banned Tahajjud prayers (night prayers) within mosques, their annexes, and their surroundings, only allowing Tarawih prayers. Egypt is currently using China’s Sinopharm vaccine and the UK’s AstraOxford vaccine.
Source:Egypt Independent
May 08, 2021 10:37 UTC
Carteron praises Shikababla after victory over Smouha
CAIRO-7 May 2021: Zamalek coach Patrice Carteron believes that the team captain Mahmoud Shikababla has been showing a fantastic performance for the team during the previous games. Carteron praised his play-maker after he started the game against Smouha and helped the White Knights achieve an important 2-1 win before the Cairo derby on Monday against Al Ahly. He had a great game against Arab Contractors after coming from the bench and it was logic to give him the chance to start against Smouha." Carteron said after the game. Zamalek top the Egyptian League table with 44 points, four points ahead of Al Ahly, who still have two games in hand.
Source:Egypt Today
May 07, 2021 12:36 UTC
Al Ahly secure a vital win in Alexandria
CAIRO-7 May 2021: The Red Devils are back on the winning track after achieving a 2-1 win over Al Ittihad of Alexandria on Thursday night at Alexandria Stadium in the Egyptian League. Al Ittihad scored a late goal by Mohamed El Sabahy but it was not enough for the home team to avoid the loss to the title holders. Mosimane told Al Ahly official website after the game. Al Ahly are now second in the league table with 40 points, four points behind Zamalek but the Red Devils still have two games in hand. Al Ahly and Zamalek will face off on Monday night in the derby and Mosimane hopes to defeat Zamalek for the third game in a row since his arrival at Al Ahly.
Source:Egypt Today
May 07, 2021 12:00 UTC
Klopp praises Laureus Award winner Salah
CAIRO-7 May 2021: Liverpool Egyptian winger Mohamed Salah won the Sporting Inspiration prize at the Laureus World Sports awards, which celebrates the athletes who have huge positive impact on the society. Salah received the award during a virtual ceremony in Seville and he expressed his happiness in his acceptance speech. This time, I will dedicate this award, not only to my fans, but to all the other sports fans around the world." Klopp and Salah have been working together at Liverpool since 2017 summer when the German coach signed the Egyptian winger from AS Roma to start a very successful chapter in the club's history. Salah has been a key player in Klopp's squad that won the UEFA Champions League title in 2019 and managed to achieve the English Premier League title in 2020 for the first time since 1990.
Source:Egypt Today
May 07, 2021 12:00 UTC
Egyptian actress Yasmine Abdel Azi, husband test positive for coronavirus
Egyptian actress Yasmine Abdel Aziz and her husband Ahmed Al-Awadi on Thursday reported contracting coronavirus while filming the Ramadan series, “Elli Maloush Kbeer”, according to ArabWood social account. Egypt’s Health Ministry on Thursday confirmed 1,110 new coronavirus cases, up from 1,102 on Tuesday. The ministry also reported 59 deaths, and 900 recovered cases. The country has now disclosed a total of 234,015 confirmed cases, 175,117 recovered cases, and 13,714 deaths. Cairo, Giza, Fayoum, Minya, and Sohag are the five governorates with the highest infection rates, Health Minister Hala Zayed said last Wednesday.
Source:Egypt Independent
May 07, 2021 11:48 UTC
Egyptian interior ministry grants exceptional visit to prisoners on Eid Al-Fitr
CAIRO – 7 May 2021: Egypt’s Interior Ministry decided to grant an exceptional visit to all inmates in Egyptian prisons on the occasion of the Muslim’s holy feast of Eid Al-Fitr. The exceptional visit comes as part of the Ministry of Interior's efforts to its keenness to preserve the values of human rights alongside the application of its penal policy and a modern correctional system. In April, two exceptional visits have been granted to all inmates across Egypt on the occasion of the celebration of Sinai Liberation Day corresponding April 25th and Easter celebrations. The Interior Ministry stressed that preventive measures will be adhered during the visits to avoid the spread of Coronavirus. Many prisoners are granted a presidential pardon on occasion of Sinai Liberation this year.
Source:Egypt Today
May 07, 2021 11:48 UTC
Jens Spahn: Germany’s third COVID wave appears to be ‘broken’
Germany appears to have “broken” its third wave of coronavirus infections, Health Minister Jens Spahn said Friday, before warning against a premature easing of restrictions aimed at curbing the spread of COVID-19. “The third wave appears to have broken,” Spahn told a news conference in Berlin. They are not yet falling everywhere at the same rate, but they are falling,” he said. The incidence rate in Germany is also gradually decreasing. Meanwhile, Germany’s health ministry said on Thursday that it was aiming to offer COVID-19 vaccines to all children aged 12 and over by the end of August, once a shot is approved for younger people by the European Medicines Agency.
Source:Egypt Independent
May 07, 2021 11:15 UTC
Egypt Petroleum Show 'EGYPS' postopned to February 2022
The exhibition is set to be held at Egypt International Exhibition Center (EIEC), under the patronage of President Abdel Fattah El Sisi. In statements on Friday, Petroleum Minister Tareq el Mulla said that this decision was taken after extensive consultations with key partners, taking into account the global situation of the coronavirus pandemic. The exhibition brings together oil and gas professionals to engage in dialogue, create partnerships, do business and identify solutions and strategies that will reshape the global energy markets. It attracts 300 exhibitors and 20,000 attendees from local and international businesses to identify opportunities from Egypt, North Africa and the Mediterranean’s future project requirements, strategic priorities and gain insights into the wider oil and gas sector. Each year, the Egypt International Petroleum Conference and Exhibition provides one of the most important platforms for the oil and gas industry to do business and exchange information, attracting energy ministers, global CEOs and leading decision-makers across three days of business discussions and knowledge exchange
Source:Egypt Today
May 07, 2021 10:52 UTC
Out of control Chinese rocket passes over Egypt: Institute
Head of the National Institute for Astronomical and Geophysical Research Gad El-Kady on Thursday said that the out of control Chinese rocket passed over Egypt for the first time at 5:34 am, adding that the it would fly over again at about one o’clock on Friday. He stressed that there is no confirmed information about whether the rocket will collide or fall on a particular area, but its path is being closely followed. Kady added that the institute has close relations with the Chinese Space Administration, and from time to time, the two sides communicate. The whole world has their eyes on the rocket, he said, stressing its landing spot will not be known until it get closer. The rocket is expected to orbit the earth roughly sixteen times.
Source:Egypt Independent
May 07, 2021 10:18 UTC
COVID-19 in Egypt: 1110 new cases, 59 deaths on Thursday
Egypt’s Health Ministry on Thursday confirmed 1,110 new coronavirus cases, up from 1,102 on Tuesday. The ministry also reported 59 deaths, and 900 recovered cases. The country has now disclosed a total of 234,015 confirmed cases, 175,117 recovered cases, and 13,714 deaths. Cairo, Giza, Fayoum, Minya, and Sohag are the five governorates with the highest infection rates, Health Minister Hala Zayed said last Wednesday. Egypt has banned Tahajjud prayers (night prayers) within mosques, their annexes, and their surroundings, only allowing Tarawih prayers.
Source:Egypt Independent
May 07, 2021 08:37 UTC
Rights report: State of Afghan women’s health care grim
Human Rights Watch offered a bleak assessment of women’s health care in Afghanistan in its latest report, saying that even basic information on health and family planning is not available to most Afghan women. New health facilities that have opened over the years are often insufficiently staffed and inadequately equipped, HRW said. The group’s researchers visited several health facilities in the capital of Kabul, where many of the country’s better clinics and hospitals are located. Before that, the Taliban regime, which was also heavily sanctioned, had mostly ignored women’s health issues. “The question everyone should be asking is why after 20 years and hundreds of millions of dollars the state of women’s health care is so grim,” said Gossman in an email.
Source:Egypt Independent
May 07, 2021 06:22 UTC
Newcastle's Ashley says 'dark forces' preventing them from being powerhouse
Reuters - Newcastle United owner Mike Ashley said it is time for the "dark forces" preventing the Tyneside club from becoming a powerhouse to step aside, after initiating legal proceedings against the Premier League, British media reported. Premier League Chief Executive Richard Masters said the bid failed after the consortium declined an offer of independent arbitration and withdrew. "It's now time for the dark forces that are preventing this football club from becoming the powerhouse that the fans deserve to step aside," Ashley said in a statement to the British media on Thursday. A Premier League representative was not immediately available to respond to an emailed request for comment. "The claimant alleges that the defendant (Premier League) prevented, or hindered, the proposed takeover and knew that its actions would prevent and/or delay the proposed takeover," a court document stated.
Source:Egypt Today
May 07, 2021 05:48 UTC
Catastrophic decline of Euphrates River water level
CAIRO – 6 May 2021: Since the beginning of May, catastrophic scenes of tremendous decline in water level of Euphrates, the longest river of Western Asia, became a meme on social media platforms. Under hashtag #الفرات_ينحسر (the Euphrates declines), Syrians posted photos of the water level of the river, showing how parts in along the river inside the Syrian lands dried up. The Euphrates runs from Turkey to Syria and then to Iraq until it joins the Tigris in Shatt Al Arab in Iraq. The Syrian regime accused Turkey of depriving Syrians of their water share of the Euphrates river, saying electricity production at the Euphrates Dam stopped and water level in Lake Al-Assad, the Syrian state-owned news agency SANA reported on Wednesday. Autonomous Administration of Northeastern Syria, which controlled by Kurds, announced that the water level at Lake Assad declined by three meters, Syrian news online Enab Baladi reported on May 3.
Source:Egypt Today
May 06, 2021 18:11 UTC