This strategic expansion reinforces ABE’s role in providing accessible banking services throughout Egypt, making it the most widespread bank across various centres and villages nationwide. By enhancing service quality, ABE aims to provide faster and more efficient access to banking and financial services for its customers. The new banking system supports digitization across all services and facilitates the launch of digital products and smart applications. These initiatives cater to customer needs for digital banking services and alternative payment channels, ensuring exceptional service delivery. Agricultural Bank of Egypt’s expansion strategy extends to rural and Upper Egypt villages, reinforcing its position as a primary supporter of farmers and rural residents.
Source:Daily News Egypt
August 04, 2024 16:45 UTC
CAIRO - 3 August 2024: 12 newborns in incubators and 10 intensive care unit patients were evacuated from Sadat Central Hospital in northern Egypt's Menoufia following a fire outbreak on Saturday. The newborns were transferred to Harpur Memorial Hospital, while the ICU cases were moved to Sadat Specialized Hospital. Minister of Health Khaled Abdel Ghaffar ordered evacuating the entire hospital, ensuring patients were transferred to nearby facilities based on their medical needs. The minister delegated his deputy, Mohamed El-Tayeb, to oversee the evacuations and guarantee that patients receive necessary medical attention at their new locations. While the official cause of the fire remains undisclosed, a source cited by the Masrawy news website suggests that an electrical short circuit could be the likely trigger for the incident.
Source:Egypt Today
August 04, 2024 04:18 UTC
Egypt’s Deputy Prime Minister for Human Development and Minister of Health and Population, Khaled Abdel Ghaffar, received Saturday Japan’s Ambassador to Egypt, Oka Hiroshi, to discuss ways to enhance cooperation in the health sector. The meeting discussed ways to benefit from Japanese expertise in the field of human development, by bringing in experts to hone skills and develop human capital in all fields, especially in the health sector, according to Hossam Abdel Ghaffar, the official spokesperson for the Ministry of Health and Population. He noted that the minister emphasised that human development begins from early childhood, through the primary education stage and then university, until the stage of entering the labour market. Abdel Ghaffar indicated that the meeting discussed ways to enhance Japan-Egypt cooperation in the field of women’s empowerment, especially in the labour market and raising their skills to meet the needs of the labour market, with a focus on Egypt, in line with the national strategy for women’s empowerment, in line with the goals of sustainable development. The meeting also addressed Egypt’s ranking in the UN Human Development Report to review Egypt’s global ranking in this field, as Egypt ranks 105 out of 193 globally, with an index of 7, which is a relatively good indicator.
Source:Daily News Egypt
August 04, 2024 01:06 UTC
CAIRO – 3 August 2024: The Egyptian Cabinet's Media Center refuted claims circulating on social media about the government's plans to sell Egyptian airports to foreign entities. The Ministry of Civil Aviation emphasized that Egyptian airports are entirely state-owned and under Egyptian sovereignty. This strategy includes various infrastructure development projects, upgrading security systems, and modernizing all security devices at Egyptian airports. The ministry also noted its goal to offer the management and operation of airports to the private sector. This approach aligns with the state's policies to increase private sector participation in management and operations.
Source:Egypt Today
August 03, 2024 17:54 UTC
Egyptian Minister of Foreign Affairs and Emigration, Badr Abdelatty, and the Indian Minister of Foreign Affairs, Subrahmanyam Jaishankar, underscored their mutual commitment to enhancing the bilateral relationship between their two nations. Minister Abdelatty praised the robust bilateral relations between Egypt and India and affirmed Egypt’s commitment to strengthening cooperation across various fields of mutual interest. Ambassador Abu Zeid further stated that the ministers discussed several high-level meetings between President Al-Sisi and Indian Prime Minister Narendra Modi, which have elevated Egypt-India relations to a “strategic partnership.” This partnership reflects a strong alignment in political positions and developmental priorities. The ministers also noted the launch of a direct flight route by EgyptAir between Cairo and New Delhi, signalling increased joint cooperation. Abu Zeid concluded by mentioning that Minister Abdelatty expressed his enthusiasm for participating in the Foreign Ministers’ session at the upcoming Virtual South Summit later this month.
Source:Daily News Egypt
August 03, 2024 16:37 UTC
Egypt’s Environment Minister Yasmin Fouad will lead negotiations on climate finance at the upcoming COP29 climate summit in Azerbaijan, she announced during a virtual meeting with her Azerbaijani and Danish counterparts on Saturday. Fouad held talks with Mukhtar Babayev, Azerbaijan’s Ecology and Natural Resources Minister and designated COP29 president, and Dan Jørgensen, Denmark’s Minister for Development Cooperation and Global Climate Policy, to discuss preparations for the summit. The meeting focused on enhancing the role of joint ministerial groups tasked with addressing climate issues, particularly the new collective quantified goal on climate finance. Fouad pledged Egypt’s full support to Azerbaijan in hosting COP29, building on Egypt’s experience as the previous COP president. She highlighted Egypt’s role in managing joint ministerial groups on climate issues, such as climate finance and the global goal on adaptation.
Source:Daily News Egypt
August 03, 2024 15:55 UTC
The Egyptian Olympic football is set to face off against the French team, led by Thierry Henry, on August 5 at exactly 10 pm Cairo time. The Egyptian Olympic team, led by its Brazilian coach, Rogerio Micale, defeated Paraguay on penalties in the quarter-finals of the Paris Olympics. Egypt has reached the semi-finals of the Olympics in football for the first time in 60 years after winning 5-4. A positive draw dominated the regular and extra time with a goal for each team, as Ibrahim Adel scored the goal for the Pharaohs, while Diego Gomez scored the goal for Paraguay. Meanwhile, the French national team defeated Argentina with a goal without a response, scored by Jean-Philippe Mateta.
Source:Egypt Independent
August 03, 2024 13:44 UTC
The assassination of Ismail Haniyeh, head of the Hamas Political Bureau, in Tehran early Wednesday has not only shocked the Middle East but also highlighted significant failures within Iranian intelligence. What is happening now is an invitation for an extension of war.”The operation also exposed weaknesses in Iranian intelligence, according to Divsallar. Tehran has lost this round of intel war to Israel.”This assassination marks another success for Israel in penetrating Iranian security. The spiral of escalation has already started, and it is tough to control now.”He added that Iran’s response might involve other groups within the axis of resistance. Given the strategic alliance between Iran and Hamas, Iran is likely to feel compelled to respond.
Source:Daily News Egypt
August 02, 2024 21:20 UTC
CAIRO - 2 August 2024: The Egyptian government targets to allocate 1.8 percent of GDP for spendings on research and development (for the Ministry of Higher Education) in 2030, compared to about 1.2 percent in the current fiscal year 2024/2025. The percentage is expected to increase annually, as the government has set spending on research and development as a percentage of GDP at about 1.4 percent during the fiscal year 2026/2027, while it recorded 1.1 percent in 2023/2024. This comes within the objectives of the government program of Dr. Mostafa Madbouly's government, which gained the confidence of the House of Representatives, and continues for 3 years (2027-2024), towards better education in Egypt that provides future jobs, from which 3 sub-programs emerge, namely "Upgrading the educational system" to ensure achieving the desired return from the development process of this pivotal system, and "Comprehensive education for all and educational and pedagogical rehabilitation" by integrating all societal groups within the educational system to ensure achieving social justice in society. As for the third and final program, it is represented in "Encouraging research and development and diversifying funding sources", as the program's vision is based on the importance of enhancing innovation and scientific research, in a way that ensures achieving maximum benefit for the Egyptian student, and the vision also revolves around the importance of diversifying funding sources in the educational and research system, whether through government support or private sector support.
Source:Egypt Today
August 02, 2024 19:53 UTC
Artistic producer Tamer Fathy passed away due to severe injuries from the Dabaa Road accidentHe was with the late producers Hossam Shawky, Fathi Ismail, and Mahmoud Kamal, who also passed away this morning. It was a sad and difficult day. May God have mercy on them and grant their families patience.
Source:Egypt Today
August 02, 2024 19:45 UTC
CAIRO – 2 August 2024: Egyptian Minister of Foreign Affairs, Immigration Badr Abdel-Atyand his Saudi counterpart Prince Faisal bin Farhan addressed the dangerous regional escalation in recent days as a result of extremist Israeli policies and the assassination approach it adopts. During a phone call between the two Ministers, they tackled ways to contain the ongoing confrontations, according to a statement released by the Egyptian Foreign Minister. He also stressed the importance of stopping the ongoing escalation, and the necessity for major international powers, led by the United States, to assume their role and responsibility in stopping the pace of this escalation. Iran, Hezbollah and Iraqi Army vowed to revenge for those who killed by Israel. Additionally, Arab, Muslim and other countries voiced their concern about these political assassinations as these could lead to a regional all-out war.
Source:Egypt Today
August 02, 2024 17:06 UTC
CAIRO - 2 August 2024: Egypt has reiterated the imperative for Israel to halt its policy of escalation, which includes assassinations and breaches on the sovereignty of regional countries under any pretext. The call transpired amidst Israel's recent string of assassination attempts targeting leaders of Palestinian factions in Gaza and Hezbollah operatives in Lebanon. In light of escalating tensions, several global airlines, including United Airlines, Delta Air, and British Airways, have temporarily suspended flights to Israel. Abdelatty and Wennesland underscored the dangers of escalation that can lead to widespread confrontations, imperiling the stability and populace of the region. Wennesland, on behalf of the UN and Secretary-General Antonio Guterres, expressed profound concern over the escalating regional tensions.
Source:Egypt Today
August 02, 2024 13:27 UTC
Among those headed back to Russia are convicted hackers and several Russian nationals detained in the West for spying. And the biggest prize for Russia was the return of Vadim Krasikov, a convicted hitman whose release had been publicly sought by Russian President Vladimir Putin. Anna Chapman, one of 10 Russian sleeper agents deported from the US in a 2010 prisoner swap, was also feted on her return to Russia. Britain blamed the poisoning on Russia; Russia has consistently denied involvement, although Putin referred to Skripal as a “scumbag” and a “traitor,” his contempt suggesting that Skripal had gotten his just desserts. The release of Russians in the swap means that Russia’s political climate is no less repressive.
Source:Egypt Independent
August 02, 2024 12:15 UTC
Rescue operations are ongoing in India’s southern Kerala state on Wednesday after heavy monsoon rains triggered deadly landslides that swept through homes and stranded hundreds of people, officials said. “We don’t know if people have been washed away in the river but we are doing our best to rescue people. Videos posted to X by India’s National Disaster Response Force also showed rescue workers paddling through muddied water on inflatable boats to try to reach people. None of the people in the neighboring houses were seen.”Janaki’s husband, Vasu, said rescue workers arrived around 6 a.m. and brought the family to the hospital. A rescue worker walks past a damaged house after the landslides in Wayanad on August 1, 2024.
Source:Egypt Independent
August 02, 2024 12:14 UTC
CNN — A teenage boy has been charged with murder after three young girls were A teenage boy has been charged with murder after three young girls were killed in a stabbing attack at a dance class in northwest England on Monday, British police said. Eight other children suffered stab wounds in the attack and five of them are in critical condition, police said. Two adults also remain in critical condition after being injured in the attack. Police said five people have been arrested so far in connection with the violence in Southport, in which more than 50 police officers were injured. “The individuals involved in the disorder had no regard for the families and friends of those who so tragically lost their lives, and a community in grief.
Source:Egypt Independent
August 01, 2024 21:18 UTC