Egypt participates in Barcelona Convention meetings for marine protection
Head of the Egyptian Environmental Affairs Agency (EEAA), Ali Abu Sinna; led a high-level delegation from the Ministry of Environment, and participated in the meeting of the contact points for the Convention to Protect the Mediterranean Environment from Pollution “Barcelona Convention”. 22 countries representing the member states of the convention, representatives of the regional centres affiliated with the convention and a number of international organizations are participating in the conference, including the United Nations Environment Programme, the European Union, and civil society representatives. Egypt is scheduled to host the 24 conference of the parties, scheduled to be held in December 2025. On the sidelines of the meeting, the Abu Sinna held a meeting with Tatiana Hema – the General Coordinator of the Mediterranean Action Plan, to discuss the broad outlines of Egypt hosting the next Meeting of the parties. The Barcelona Agreement is one of the most important environmental agreements signed by Egypt, and the most important from the perspective of preserving the Egyptian marine environment and protecting it from pollution.
Source:Daily News Egypt
September 18, 2023 08:45 UTC
Banks operating in Egypt record EGP 126.9bn of net profits in 1H 2023
The banks operating in the Egyptian market achieved a net profit of approximately EGP 126.910bn by the end of the first half of the current year (1H 2023). The Central Bank of Egypt (CBE), in its quarterly report on the financial stability of banks, stated that the net return in banks reached approximately EGP 254.575bn by the end of June 2023. Meanwhile, the net activity revenues amounted to about EGP 299.313bn, and total expenses recorded approximately EGP 172.403bn. The report revealed that the net income of the top 10 banks recorded approximately EGP 193.867bn during the first half of 2023. Moreover, the net income recorded by the top 5 banks amounted to approximately EGP 162.871bn, while the net activity revenue reached around EGP 185.095bn.
Source:Daily News Egypt
September 18, 2023 02:58 UTC
Al-Sisi calls for international cooperation to manage City of Arts and Culture
President Abdel Fattah Al-Sisi has called for enhancing cooperation with international experts to manage and operate the City of Arts and Culture, a new and unique hub of Egyptian artistic and cultural creativity in the new administrative capital. The president made the call during a meeting on Sunday with Prime Minister Mostafa Madbouly, Minister of Finance Mohamed Maait, Minister of Culture Nevin al-Kilani, Commander of the Strategic Command and Supervisor of Military Manufacturing Ahmed Khaled, Chairperson of the Financial Affairs Authority of the Armed Forces Ahmed al-Shazly, and Chairperson of Administrative Capital for Urban Development (ACUD) Khaled Abbas. The meeting discussed the progress and status of several projects in the new administrative capital, especially the City of Arts and Culture. The president directed to maximize the use of the city’s highly developed capabilities and potentials, and to cooperate with world-renowned expertise to manage and operate the city. The spokesperson of the presidency, Ahmed Fahmy, said that the meeting included a presentation of the components of the City of Arts and Culture, such as:
Source:Daily News Egypt
September 17, 2023 20:34 UTC
Specialists draft proposals on political parties within constitutional framework: Egypt's National Dialogue
CAIRO – 17 September 2023: The National Dialogue released Saturday a statement on the specialists' closed session held Thursday to articulate a draft of proposals/recommendations brought up during public sessions on political parties' regulations. During the drafting process, the specialists took into consideration the constitutional framework as well as executive circumstances. That is the first step on the road to submit the draft to the president of the republic as it first had to go through the dialogue's board. The National Dialogue held Thursday a specialists' session, within the political axis, on political parties draft law; political parties' integration and coalition; financial and administrative governance of political parties; and, specializations of the Political Parties Affairs Committee.
Source:Egypt Today
September 17, 2023 18:49 UTC
Emigration law establishes new registration protocol for Egyptians to obtain legal immigrant status
The Emigration and Sponsoring Egyptians Abroad Law has established a new registration protocol for every person entitled to priority access to immigration or work opportunities abroad available at relevant ministries. Article #6 of the law stipulates that, without prejudice to the right of Egyptians to immigrate, those wishing to permanently immigrate shall be registered upon their request within a register prepared for this purpose in the ministry responsible for immigration affairs. Immigration opportunities that may be available at the ministry shall be distributed to those registered on the basis of their specializations, capabilities, specializations, and needs required in the diaspora countries, while adhering to the priority of registration within the register. The minister responsible for immigration affairs may determine priorities for certain specializations or qualifications required in diaspora countries or redundant in Egypt, and regulate registration in the aforementioned register alongside its procedures and conditions. Those who hold certificates from the training centers and qualification courses referred to in this law enjoy priority in obtaining immigration or work opportunities abroad available at the relevant ministries and agencies according to their required specializations.
Source:Egypt Independent
September 17, 2023 15:20 UTC
Egyptian General Federation of Associations, NGO supports President Sisi for third term
The Federation added that the masses of the people will stand by President Sisi, wishing success and progress for Egypt. In late August, the Coalition of Egyptian Parties announced backing President Sisi’s potential candidacy in the next elections. El-Ghad Party, led by Sisi’s previous presidential contender Moussa Mostafa Moussa, also announced Sisi as their potential presidential candidate in the next elections. Third presidential termThe constitution does not give the right for a president to run for a third term. However, constitutional amendments in 2019 stretched the presidential term to six years instead of four.
Source:Egypt Today
September 17, 2023 14:53 UTC
Egypt, Hong Kong sign MoU to boost investments
Egypt and Hong Kong have signed a memorandum of understanding (MoU) to enhance cooperation and exchange information in the field of investments. The MoU was signed by Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), and Jimmy Chiang, Associate Director-General of Invest Hong Kong, on the sidelines of the 8th session of the Belt and Road Summit in Hong Kong. The MoU aims to facilitate the flow of investments between the two sides and to organize visits for representatives of financial and industrial companies based in Hong Kong to explore investment opportunities in Egypt. The MoU also aims to share experiences and information on the incentive packages granted to projects operating in Egypt. Heiba called on Chinese companies to continue investing in Egypt, especially in fields such as textile industries, household appliances, automobile components, and petrochemicals.
Source:Daily News Egypt
September 17, 2023 09:28 UTC
ERC plans to increase diesel production capacity in medium term
The Egyptian Refining Company (ERC), a subsidiary of Qalaa Holding Group for Investments, said that it is seeking to develop a study to increase its diesel production capacity in the medium term. He noted that ERC is not currently facing diesel crises, and has not reduced its production. ERC’s production of diesel is estimated at 2.3 million tonnes annually. The ERC project saved $300 million annually for the General Petroleum Corporation by avoiding the costs of transporting and securing imported petroleum materials. Earlier, Qalaa Holdings, the owner of ERC, revealed that it is considering further expansion in ERC’s production by 800,000 more tonnes.
Source:Daily News Egypt
September 17, 2023 07:55 UTC
Oppenheimer: A Harmonious blend of Action, Science & Emotions
The movie houses almost the perfect elements of action, audio, acting, direction, and scene design, forming harmonious blend that made one of a kind cinematic experience. Oppenheimer takes audiences on a captivating journey that weaves together heart-pounding action scenes, mesmerizing audio design, outstanding acting performances, visuals, and meticulous plot. The audio design of "Oppenheimer" is extraordinary in every sense of the word. The acting performances of Oppenheimer cast are exceptional in every sense of the word. Under Christopher Nolan masterful direction, "Oppenheimer" achieves a harmonious blend of action and emotion.
Source:Egypt Today
September 16, 2023 21:24 UTC
Shoukry to attend UN General Assembly, other high-level events in New York
Foreign Minister Sameh Shoukry left for New York on Saturday to participate in the high-level segment of the 78th session of the UN General Assembly, which will start on September 18. The Foreign Ministry spokesperson, Ahmed Abu Zeid, said that Shoukry’s agenda will include several summits and high-level events of special importance. He will address the UN General Assembly on September 23, and take part in the Sustainable Development Goals Summit and the Climate Ambition Summit. Shoukry will also attend several important ministerial meetings to discuss the most pressing international and regional issues that are a priority for Egypt. Shoukry will also meet with foreign ministers and heads of participating delegations, as well as media outlets from different regions.
Source:Daily News Egypt
September 16, 2023 20:26 UTC
WHO delivers 29 tonnes of medical supplies to flood-hit Libya
The World Health Organization (WHO) said on Saturday that it had sent a plane carrying about 29 tonnes of medical supplies to Benghazi, Libya, to help the victims of the devastating floods caused by Storm Daniel. The medical supplies include essential medicines, trauma and emergency surgery supplies, and medical equipment, which can cover the health needs of some 250,000 people. The WHO said that this was the second batch of aid it had delivered to Libya, following an initial shipment of 29 tonnes of emergency medical supplies from its warehouses in the country. The WHO also expressed its concern about the rising death toll and the mass burial of flood victims in Libya. The floods in Libya were triggered by heavy rains from Storm Daniel, which hit the Mediterranean region on Sunday.
Source:Daily News Egypt
September 16, 2023 20:25 UTC
Egypt provides hundreds of tons of humanitarian aid to Libya
Upon orders from Egyptian President Abdel Fattah al-Sisi, the General Command of the Armed Forces has directed the movement of convoys loaded with tons of humanitarian aid, subsistence materials, and relief crews to Libya following the devastation of Storm Daniel. A convoy loaded with humanitarian aid, medical supplies, search and rescue teams, in addition to engineering equipment was also sent to move overland at the Western Military Region, through Salloum Port, to help in the wake of the devastation. Search, rescue and evacuation aircraft were also dispatched for the afflicted areas, to provide further aid and support. The casualties of the storm that swept the cities of eastern Libya continue to increase, as search and rescue efforts mount up to recover the missing. Storm Daniel has claimed thousands of lives and submerged entire areas, with Derna now a disaster zone.
Source:Egypt Independent
September 16, 2023 19:12 UTC
Sisi announces decisions to government as part of Beni Suef vsit
President Abdel Fatah al-Sisi during his speech as part of his visit to Beni Suef - fileCAIRO - 16 September 2023: Egyptian President Abdel Fattah El-Sisi issued a number of decisions to the government and relevant state institutions in his speech during his visit to Beni Suef Governorate on Saturday. He ran a dialogue with the people of Beni Suef, and volunteers of Haya Karima initiative. President Abdel Fattah El-Sisi addressed the people of Beni Suef Governorate, saying: “Every time I meet young male and female volunteers and see all the beautiful things they do.. 300, for all employees of the state’s administrative and economic bodies, in addition to business sector companies and the public sector. 45,000, for all employees of the state’s administrative apparatus, economic bodies, and companies in the business sector and the public sector.
Source:Egypt Today
September 16, 2023 18:30 UTC
Sisi visits Beni Suef, talk with villagers as new developmental projects inaugurated
CAIRO - 16 September 2023: Egyptian President Abdel Fattah al-Sisi arrived in Beni Suef Governorate and met with villagers on Saturday, where he inaugurated a number of developmental projects in the governorate via video conference technology. The projects come as part of the Haya Karima ‘Decent Life’ presidential initiative, especially in Suds Al Omaraa village in Beni Suef. He ran a dialogue with the people of Beni Suef, and volunteers of Haya Karima initiative. He also offers his condolences to the people of Beni Suef whose relatives died as a result of the hurricane in Libya. As part of his visit, President Sisi watches a documentary film about development projects in Upper Egypt, and inaugurated a number of projects in Beni Suef via video conference technology.
Source:Egypt Today
September 16, 2023 11:55 UTC
Ten Hag unsure if Sancho will play for Man Utd again
Manchester United forward Jadon Sancho (25) runs with the ball during the first half against Borussia Dortmund at Allegiant Stadium. Mandatory Credit: Lucas Peltier-USA TODAY Sports/File Photo(Reuters) - Manchester United manager Erik ten Hag said he does not know whether Jadon Sancho will play for the club again amid the forward's exile from the first-team over a disciplinary issue. Ten Hag stated at the time that Sancho had been left out because of his poor performance in training. "I don't know," Ten Hag said when asked whether Sancho will play for United again. United are 11th in the Premier League standings, three points behind sixth-placed Brighton before Saturday's game at Old Trafford.
Source:Egypt Today
September 16, 2023 11:35 UTC