Sisi reviews plans to turn New Valley into medicinal plant research, industry hub
CAIRO – 30 May 2022: President Abdel Fattah al-Sisi met with the governor of the New Valley Sunday to discuss development in the huge border governorate. Sisi asked Governor Mohamed al-Zamalout to make the best of investment opportunities and provide success factors to offer the best economic and service value to the locals. Zamalout presented the projects in the governorate, especially in the agricultural field and land reclamation to yield more crops, particularly wheat. He also explained progress in the presidential initiative to plant 2.5 million palm trees to produce more dates in the New Valley, as well as olive trees and aromatic and medicinal plants so the area becomes a hub for related industries and research. The governor also tackled the integrated, digitalized governmental complex in the New Valley that includes all government facilities, as well as the progress of new road networks.
Source:Egypt Today
May 30, 2022 12:41 UTC
Orange Ventures flagship its competition in supporting entrepreneurs in Egypt with funding of $200,000
Orange Egypt Proudly Announces the Egyptian Startup Winner “Amanleek” in the Fintech Startup Seed Challenge 2022Orange Egypt is proud to announce that the Egyptian startup “AmanLeek” won the Fintech Startup Seed Challenge 2022, which supports promising entrepreneurs with creative ideas in Egypt. This seed challenge was jointly launched by Orange Egypt and Orange Ventures, the Venture Capital of Orange Group. The startup was adjudicated the winner of the Seed Challenge after a highly competitive selection process witnessing hundreds of applications, and rigorous evaluations overseen by a jury of experts. The winner of the Seed Challenge of 2022, “AmanLeek” will receive $200,000 in funding, as part of Orange Ventures' commitment to empowering innovative entrepreneurs at critical growth stages of their business. "Egypt is experiencing a definite rise in the innovation and entrepreneurship sector and is now the second country in Africa for VCs investments.
Source:Egypt Today
May 29, 2022 21:14 UTC
Egypt court sentences Muslim Brotherhood’s Aboul-Fotouh to 15 years in prison
The Cairo Criminal Court sentenced former presidential candidate and member of the former Guidance Bureau of the banned Muslim Brotherhood, Abdel-Moneim Aboul-Fotouh and Mahmoud Ezzat, the acting Supreme Guide of the group, and six others to 15 years in prison. The court also sentenced 15 others to lifetime imprisonment, and sentenced two defendants to 10 years in prison. The court convicted all the defendants of leading and membership of a terrorist group that carries out hostile operations against public institutions, with the aim of bringing down the state. The prosecution charged Ezzat and Aboul-Fotouh, his son and others that from 1992 to 2018, they led a terrorist group, aiming to use force, violence, threats and intimidation with the aim of disturbing public order and endangering the safety, security of society, harming individuals and terrorizing them. The charges against the defendants also included financing a terrorist group by transporting and providing funds and weapons with the intent to be used in the commission of terrorist crimes, providing a safe haven for terrorists, and training them on how to use firearms.
Source:Egypt Independent
May 29, 2022 19:33 UTC
Egypt, Jordan and UAE sign document for Integrated Industrial Partnership
Egypt, the UAE and Jordan signed on Sunday signed a document to launch the “Integrative Industrial Partnership for Sustainable Economic Development” initiative. The signing ceremony was attended by Egyptian Prime Minister Mostafa Madbouly, Jordanian Prime Minister Bisher Al-Khasawneh, and UAE Deputy Prime Minister and Minister of Presidential Affairs Sheikh Mansour bin Zayed Al Nahyan. The document was signed by Egypt’s Minister of Trade and Industry Nevein Gamea, UAE Minister of Industry and Advanced Technology Sultan Al-Jaber, and Jordanian Minister of Industry, Trade and Supply Youssef Mahmoud Al-Shamali. The statement added that the signing of the initiative comes from the guidance of the political leaderships in Egypt, the UAE and Jordan. The latest partnership objectives included promoting value-added manufacturing sectors, by focusing efforts on manufacturing sectors in value chains that achieve and add significant economic value.
Source:Egypt Independent
May 29, 2022 15:54 UTC
Death toll rises to 24 in Iran building collapse, as search efforts continue
(CNN) – At least 24 people were killed in Monday’s collapse of a 10-story building in the Iranian city of Abadan, state news agency IRNA said on Friday as the search for survivors continued. In the immediate aftermath of the incident, the Iranian Red Crescent said at least 80 were trapped under the rubble and five people had been killed. Videos and pictures shared by the Iranian Red Crescent on Monday showed rescue teams at the site removing rubble and debris from a destroyed building. On Tuesday, the International Federation of Red Cross and Red Crescent said on Twitter that 35 people had been rescued. The owner of the building and the contractor are also among those arrested, Iranian media has reported, citing the Abadan special prosecutor.
Source:Egypt Independent
May 29, 2022 14:25 UTC
We look forward to Emirati investments in Egypt reaching US$ 35 billion: UAE investor council head
The Secretary-General of the UAE International Investors Council (UAEIIC), Jamal bin Saif Al-Jarwan said that Emirati investments in Egypt have reached US$ 20 billion, and looks forward to reaching $35 billion in the next 5 years. He called the Egyptian economy a flexible one that attracts investments, stressing that foreign investments in Egypt enjoy the patronage of Egyptian President Abdel Fattah al-Sisi and the government’s support. He said: “UAE investors are your forever partners, and they will be partners in the new phase launched by Egypt, and announced at the global press conference of the Egyptian Prime Minister Mostafa Madbouly, and we are committed to developing our investments in Egypt to the fullest extent.”He added that there is great interest from UAE President Sheikh Mohamed bin Zayed Al Nahyan to push Emirati investments in Egypt. Madbouly was keen to conduct a direct dialogue with some senior Emirati investors, where he listened to their views and suggestions regarding the development of the business environment as part of the government’s plan to expand the private sector’s contribution to the structure of the Egyptian economy, at his residence in the UAE capital Abu Dhabi. Jarwan said that immediately after the announcement of this meeting, 25 Emirati companies confirmed participating in it on the same day, and then the number increased after that, reflecting the interest of Emirati businessmen to invest in Egypt.
Source:Egypt Independent
May 29, 2022 02:01 UTC
Egypt agricultural exports over 3 million tons from January to May: Minister
Minister of Agriculture and Land Reclamation, al-Sayed al-Qusair, announced Saturday that Egypt’s agricultural exports exceeded three million tons from January-May 2022. Qusair thanked the Egyptian exporters for their role in increasing agricultural exports, praising the efforts of the agricultural quarantine, the Agricultural Export Council, the commercial representation and the Egyptian embassies abroad. He noted that the most important agricultural exports are citrus, potatoes, fresh onions, fresh tomatoes, potatoes, strawberries, fresh and dry beans, garlic, and watermelon. Qusair explained that the total agricultural exports of citrus reached 1,359,292 tons, in addition to the export of 681,734 tons of fresh potatoes, to occupy second place in agricultural exports after citrus, while 123,589 tons of onions were exported ranking third in exports, and beans ranked fourth in agricultural exports, with a total of 67,897 tons, while sweet potatoes ranked fifth in exports with 37,813 tons. Egypt’s exports of tomatoes ranked sixth, with a total amount of 30,137 tons, while exports of strawberries ranked seventh, with a total of 19,425 tons, followed by garlic, with a total of 15,726 tons, while watermelon got Ninth place in exports with a total amount of 4235 tons.
Source:Egypt Independent
May 29, 2022 02:01 UTC
Trade exchange between Egypt, UAE reached $3.6 billion in 2021: Minister
CAIRO – 28 May 2022: Trade exchange between Egypt and the United Arab Emirates reached more than $3.6 billion in 2021, Minister of Trade and Industry Nevine Gamea said on Saturday. Madbouli headed a high-level delegation on Saturday to the Emirati capital to meet with Emirati investors and establish an industrial partnership between Egypt, UAE, and Jordan. During the meeting, Gamea urged the Emirati companies to pump more investments in the Egyptian market and visit the industrial cities in Egypt. Madbouli will take part in a tripartite meeting, during which an initiative for integrated industrial partnership is set to be launched between Egypt, UAE, and Jordan. Madbouli’s delegation includes Minister of Electricity and Renewable Energy Mohamed Shaker, Minister of Planning and Economic Development Hala El-Said, Minister of Agriculture El-Sayed El-Qusseir, and Minister of Trade and Industry Nevine Gamea.
Source:Egypt Today
May 28, 2022 12:56 UTC
Ukraine war threatens Iran’s last economic lifeline
Abu Dhabi, UAE (CNN) – The war in Ukraine has two pariah oil-exporting nations competing for the same buyers. The European Union is aiming to join the United States and the United Kingdom in sanctioning Russian oil. European diplomats are trying to reach consensus on a deal to halt Russian oil imports to the bloc that could be signed off by leaders meeting in Brussels on May 30. The agreement would lift sanctions and open Iran’s oil up to the world market. Experts say there has been a slump in Iranian crude oil exports to China since Russia launched its invasion of Ukraine in February, along with an increase in Russian exports to China.
Source:Egypt Independent
May 28, 2022 08:43 UTC
Weather temperatures will continue to rise on Saturday and Sunday
Weather temperatures will continue to rise on Friday, expected to be about a degree or two higher than normal. In addition to this increase there is also more sunshine brightness, Manar Ghanem, a member of the Egyptian Meteorological Authority’s media center, said. Temperatures will drop by 10C in the evening and active wind is expected, she added. The temperature rise will continue, reaching its peak on Sunday and Monday of next week, as the maximum temperature in Cairo will hit 37CTemperatures are expected to continue rising during next week, above normal rates by about 3C. She advised citizens to avoid exposure to the sun from 12 pm to 3 pm and to drink enough water.
Source:Egypt Independent
May 27, 2022 14:07 UTC
Continued heavy fighting in Ukraine’s Luhansk region, officials say
Ukrainian officials on Friday reported continued heavy fighting in the Luhansk region, with a local military chief describing “fierce battles” for the city of Severodonetsk. In televised remarks, Oleksandr Striuk, head of the Severodonetsk city military administration, said: “There have been fierce battles for the city. We have a hot spot, the Mir hotel. On May 26 [Thursday], an enemy sabotage and reconnaissance group entered the Mir Hotel. The [Ukrainian] Armed Forces resisted.”A pro-Russian Telegram channel said Russian forces had entered the hotel, which is in the north of Severodonetsk, and that street fighting was underway.
Source:Egypt Independent
May 27, 2022 11:36 UTC
Egypt to open 2022 African Handball Championship against Cameroon
CAIRO - 27 May 2022: The draw of the 2022 African Men's Handball Championship was held on Thursday night in Cairo. The Pharaohs, the current title holders, are drawn in Group A alongside Cameroon and Morocco and the hosts picked Cameroon to face in the opening game of the competition. The Egyptian national team players, Ahmed El Ahmar, Yehia El Deraa, Ibrahim El Masry, Ahmed Adel and Karim Hendawy, conducted the draw of the competition, which will see the participation of 14 nations. Egypt will host the competition between 9 and 19 July at Hassan Mostafa Hall and October Hall. Here is the draw of the competition:Group AEgyptCameroonMoroccoGroup BAlgeriaGabonGuineaKenyaGroup CTunisiaCape VerdeNigeriaGroup DAngolaSenegalZambiaDR CongoThe top five teams will book their place in the 2023 World Men's Handball Championship in Poland and Sweden.
Source:Egypt Today
May 27, 2022 11:13 UTC
Security forces investigate murder of family in Sheikh Zayed
On Friday, security authorities in the “European Rural massacre” in Sheikh Zayed City intensified their efforts to uncover the circumstances surrounding the death of a private guard of a farm, his two daughters and two granddaughters. While his 40-year-old wife escaped certain death. The victims are Adel, 55, and his two daughters: Manar, 17, and Hana, 27, a divorcee, and their two children: Shahd, 6, and Marwan, 5. Investigators ordered an autopsy to determine the cause of death. The investigation authorities examined surveillance cameras in the place, and summoned a number of relatives of the victims to hear their testimonies about the incident, and to ensure that there was no vengeful rivalry behind this mass murder.
Source:Egypt Independent
May 27, 2022 09:47 UTC
Egyptian former actor, fugitive Amr Waked in hot water for insulting Egyptian women on Twitter
Those Egyptian women that you accused and offended are the ones who stood up and saved their country, even if you don't like to admit it. Furthermore, Morsi affirmed that the National Council for Women confronts with all its might anyone who may be tempted to violate the dignified status of Egyptian women in any way. In a related context, Head of Egypt’s Actors Syndicate Ashraf Zaki affirmed that Amr Waked has been expelled from the syndicate years ago. This came after the repercussions of Waked's post on Twitter, in which he offended Egyptian women. Several women's rights bodies demanded that Amr Waked be held accountable.
Source:Egypt Today
May 26, 2022 22:46 UTC
4 killed in shelling in Kharkiv region, military governor says
At least four people have been killed and seven more wounded in shelling of regional centers in the Kharkiv area, according to Oleh Syniehubov, the head of the regional military administration. In a message posted on his Telegram channel on Thursday, Syniehubov urged residents to stay in shelters during the ongoing exchanges of fire between Ukrainian and Russian forces. “The most intense fighting is happening in Izium region. The Russian forces are trying to improve their strategic positions in the Izium area and renew their offensive on Sloviansk,” he said. Syniehubov added that a number of other towns have been shelled in the last 24 hours, including Pyatyhatky, Balakliya, Tsyrkuny and the Chuhuyiv area.
Source:Egypt Independent
May 26, 2022 20:32 UTC