In a surprise move, Senegalese President Macky Sall has postponed the February 25th presidential election, citing concerns over the integrity of the electoral process. The decision, announced in a televised address, comes amid controversy surrounding the disqualification of several candidates, including prominent opposition figures, by the Constitutional Council. This marks the first time Senegal has delayed a presidential election since gaining independence from France in 1960. The disqualification of prominent figures ignited controversy, leading to calls for an inquiry into the workings of the Constitutional Council. The inquiry, initiated by disqualified candidate Karim Wade, targets two council members accused of having ties to presidential hopefuls, including Prime Minister Ba.
Source:Daily News Egypt
February 03, 2024 17:25 UTC
Jazeera Paints proudly announces the launch of Color Trends 2024, a celebration of authenticity and innovation in the world of color. HERITAGE Drawing inspiration from our rich historical tapestry, the HERITAGE color family pays homage to our authentic roots. WELL-BEING Nature serves as the muse for the WELL-BEING color family, offering shades that evoke a sense of sustainable health and comfort. "With Color Trends 2024, we invite you to embark on a journey of discovery, where tradition meets innovation, and every hue tells a story." For more information about Color Trends 2024 and Jazeera Paints, please visit https://jazeerapaints.com/egypt-en/color-trends?name=2024
Source:Egypt Today
February 03, 2024 05:33 UTC
Residents in South Africa’s northwest region will soon enjoy a revolutionary charging experience with the opening of the country’s first off-grid electric vehicle (EV) charging station in June 2024. This self-service station stands apart by generating its own power, eliminating reliance on the national grid. Solar photovoltaic panels capture the sun’s energy, storing it in lithium-iron-phosphate batteries for reliable use. The Pretoria News, a partner of TV BRICS, reports that the station will offer DC ultra-fast charging, capable of topping up an EV in just 20 minutes. This is significantly faster than standard on-grid chargers, which typically require several hours.
Source:Daily News Egypt
February 03, 2024 01:36 UTC
(Reuters) - Manchester United striker Marcus Rashford scored the opening goal and Kobbie Mainoo netted a superb late winner as they beat Wolverhampton Wanderers 4-3 in a thrilling Premier League game at Molineux on Thursday. "It is a dream come true," Mainoo told broadcaster TNT after netting his first Premier League goal. To start playing in the Premier League for my boyhood club has been amazing. United captain Bruno Fernandes praised the 18-year-old Mainoo for his cool finish in the cauldron atmosphere. "It shouldn't happen, but then we showed great resilience, especially Kobbie Mainoo, it was a great goal," the Dutchman added.
Source:Egypt Today
February 02, 2024 23:51 UTC
(Reuters) - Jordan edged Asian Cup debutants Tajikistan 1-0 to move into the semi-finals of the tournament for the first time thanks to a second-half own goal at the Ahmed bin Ali Stadium on Friday. The two teams had drawn a World Cup qualifier in November but it was Jordan who came out on top when Vahdat Hanonov put the ball into his own net from a set piece, ending Tajikistan's dream run in Qatar. Nevertheless, Tajikistan supporters who had flown in for the game gave their country's heroes -- who had surpassed all pre-tournament expectations -- a standing ovation. You deserve to win, you played a very good game," Tajikistan coach Petar Segrt told beIN Sports. But we must also respect that Jordan played a very good game.
Source:Egypt Today
February 02, 2024 15:20 UTC
India has expressed its commitment to deepening ties with Zimbabwe, offering assistance in bolstering the African nation’s healthcare system, including the fight against cancer. According to ZBC News, a partner of TV BRICS, Indian Ambassador to Zimbabwe Vijay Khanduja highlighted the strong historical and contemporary ties between the two nations. “Our relationship stretches back to the Mutapa State and the shared struggle for Zimbabwe’s independence,” he said. The proposed healthcare assistance aligns with India’s longstanding commitment to supporting development initiatives in Africa. This partnership has the potential to significantly improve healthcare access and outcomes for the people of Zimbabwe.
Source:Daily News Egypt
February 02, 2024 14:14 UTC
Egyptian Deputy Foreign Minister and head of the country’s delegation in BRICS, Ambassador Ragui Al-Etrebi, accompanied by Egypt’s Ambassador to Russia Nazih El-Nagari, participated in the BRICS member states meeting. Strengthening Economic Ties and Reducing Reliance on Global System:Russia’s Deputy Foreign Minister Sergey Ryabkov, acting as BRICS Sherpa, emphasized the focus on developing economic connections within the group, TV BRICS reported. He highlighted plans to explore using national and local currencies in cross-border transactions, minimizing reliance on the current global economic system. China’s BRICS Sherpa, Ma Zhaoxu, echoed this sentiment, advocating for increased use of national currencies and active support for the BRICS New Development Bank. New BRICS Members Contribute Fresh Perspectives:Egypt’s Deputy Foreign Minister, Ragui El-Etreby, pledged active participation in various sectors, including trade, technology, and logistics.
Source:Daily News Egypt
February 02, 2024 14:13 UTC
UNICEF said that nearly all children in the enclave were thought to require mental health support, US News reported on Friday. "They present symptoms like extremely high levels of persistent anxiety, loss of appetite. They can't sleep, they have emotional outbursts or they panic every time they hear a bombing," said Jonathan Crickx, UNICEF's chief of communication for the Occupied Palestinian Territories. "Before this war, UNICEF was considering already that 500,000 children were already in need of mental health and psychosocial support in Gaza. Today, we estimate that almost all children are in need of that support, and that's more than 1 million children.
Source:Egypt Today
February 02, 2024 13:56 UTC
An International Monetary Fund (IMF) team led by Ivanna Vladkova Hollar made “excellent progress” on discussions with Egyptian authorities regarding the first and second reviews of the country’s economic reform program, according to a statement released early Friday. The mission, which took place from January 17 to February 1, focused on reaching a Staff Level Agreement (SLA) for the combined reviews supported by the IMF’s Extended Fund Facility (EFF). “The IMF team and the Egyptian authorities have agreed on the main policy elements of the program,” said Vladkova Hollar in the statement. Virtual discussions will continue in the coming days to finalize the Memorandum of Economic and Financial Policies (MEFP) and determine the extent of additional support needed from the IMF and other partners to address Egypt’s increased financing gaps due to recent economic shocks. The mission concluded by thanking the Egyptian authorities for their “warm hospitality and constructive dialogue.”
Source:Daily News Egypt
February 02, 2024 06:23 UTC
CAIRO – 1 February 2024: A high-level security source has denied reports alleging that an agreement with Israel on Rafah and the Salah Al Din Axis, also known as Philadelphia Axis, is approaching. So, what is the Philadelphia Axis, and why does it hold strategic significance for both Israel and Egypt? • The Philadelphia Axis, also known as the Salah al-Din Axis, refers to a strip of land along the border between Egypt and the Gaza Strip. • The Egypt-Israel peace agreement imposes numerical and qualitative restrictions on the deployment of forces on both sides of the border, including the Egyptian side of the Philadelphia Axis. • Recent reports suggest that Israel has plans to construct an underground barrier in the Philadelphia Axis area.
Source:Egypt Today
February 02, 2024 03:40 UTC
Cairo Economic Court Has Sentenced Egyptian Graphic Designer Ghada Wali To 6 Months In Prison And A Fine Of 10000 LE Over Plagiarism ChargesIn 2022, a mural created by Wali was removed from a Cairo metro station after Russian artist Georgy Kurasov complained that she had copied his work. Korasov accused Wali of copying four of his artworks, which depicted ancient Egyptian civilization. He asserted that Wali had used these artworks without his permission in murals displayed in the Cairo Metro. The National Tunnels Authority and RATP Dev Mobility Cairo issued apologies to Korasov and emphasized their full respect for intellectual property rights of all parties involved. They also stated their intention to take legal action against Wali’s Studio, the advertising company associated with the Egyptian artist, for this wrongdoing.
Source:Egypt Today
February 01, 2024 22:25 UTC
Egypt’s central bank hiked key interest rates by 2% on Thursday, aiming to curb rising inflation despite signs of an economic slowdown. While inflation has eased in some advanced and emerging economies, the MPC highlighted geopolitical tensions and trade disruptions in the Red Sea as major concerns for Egypt’s inflation outlook. Leading indicators suggest a further slowdown in the fourth quarter, with the full-year outlook impacted by regional instability and Red Sea trade disruptions. They emphasized persistent inflationary pressures, geopolitical uncertainty, and maritime trade disruptions as factors tilting the inflation risk balance upwards. Policy OutlookThe Central Bank of Egypt committee stressed its commitment to anchoring inflation expectations and achieving price stability over the medium term.
Source:Daily News Egypt
February 01, 2024 19:47 UTC
Egypt’s manufacturing and extractive industries saw a slight decline in November 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS). The overall index (excluding crude oil and petroleum products) dipped 0.55% to 96.25 in November compared to 96.78 in October. Similarly, the tobacco products sector jumped 29.68% to 176.63, also driven by market forces. The construction materials sector, encompassing bricks, glass, and cement, also took a hit, falling 5.13% to 84.51 due to market conditions. Continued monitoring of the index will be crucial to assess the overall health of the industrial sector and identify areas requiring targeted support.
Source:Daily News Egypt
February 01, 2024 13:25 UTC
Cairo – February 1, 2024: Economic experts are anticipating the Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) meeting to keep key interest rates during its first session of 2024. These meetings serve as a main indicator for the short-term direction of the Egyptian pound’s interest rate. Last week Reuters surveyed 16 economists, with a majority sharing a neutral outlook with expectations that the MPC will maintain the interest rates while Egypt continues its discussions with the IMF. During the past three MPC meetings, the CBE kept key interest rates unchanged, with the overnight deposit rate at 19.25 percent, while the overnight lending rate at 20.25 percent, and the main operation and discount rates at 19.75 percent. The next MPC meeting is scheduled for March 28.
Source:Egypt Today
February 01, 2024 13:25 UTC
Romantic novels have always held a special place in the world of literature. And since the Cairo Book Fair is still taking place till February 6, now is the perfect time to shop and start exploring the vast variety of books that the fair has to offer, and Egypt Today has the perfect book recommendations for all romance lovers. Romancing Mister BridgertonFor all Bridgerton series lovers, if you can't wait for the new season to drop, then you have to read the fourth book of the Bridgerton series. Ashgar La Tothallel El AshekinWritten by Dr. Nermine Nehmed Allah, the novel's events revolve around Noaman Al-Karmalawi's palace, which is full of stories and secrets. The sister who has no choice in life and the lover who is a source of worry for everyone.
Source:Egypt Today
February 01, 2024 13:21 UTC