Egypt delivers 80% of total aid to Gaza, more to come: Moselhi
Egypt has provided roughly 80% of the total humanitarian aid delivered to Gaza so far, the country’s Minister of Supply and Internal Trade and Chairperson of the General Committee for Foreign Aid, Ali Moselhi, said. This comes as Egypt continues to ramp up its support for the Palestinian people amid the ongoing crisis in the Gaza Strip. The first of four aid planes arrived at El-Arish airport, marking the start of a new airlift coordinated by Egypt’s General Committee for Foreign Aid, in cooperation with Catholic Relief Services (CRS). “The General Committee for Foreign Aid will spare no effort to stand by our brothers in the Gaza Strip in light of the humanitarian situation they are going through,” Fathi affirmed. The committee is currently coordinating with relevant authorities to prepare for the eighth aid convoy to Gaza.
Source:Daily News Egypt
May 11, 2024 16:54 UTC
Egyptian President Sisi receives Sultan of Indian Bohra Community
Egyptian President Abdel Fattah El-Sisi received Sultan Mufaddal Saif al-Din, Sultan of the Bohra community, an India-based subgroup of ShiismCAIRO – 11 May 2024: Egyptian President Abdel Fattah El-Sisi received Sultan Mufaddal Saif al-Din, Sultan of the Bohra community, an India-based subgroup of Shiism, at the Presidential Palace in Cairo on Saturday. The Sultan of the Bohra community was accompanied by his brother Prince Commander Jawhar Ezz al-Din, and his sons: Prince Jaafar al-Sadiq Imad al-Din, Prince Taha Najm al-Din, and Prince Hussein Burhan al-Din. The Sultan of Bohra affirmed his great appreciation for President Sisi and Egypt’s development efforts. On 7 August 2023, the Sultan of Bohra and his sons visited Egypt, where they met with President Sisi. The President awarded Sultan Mufaddal Saifuddin the Nile Sash, in recognition of his ongoing efforts in Egypt at the cultural, charitable and community levels.
Source:Egypt Today
May 11, 2024 16:50 UTC
Egypt: Israel bears responsibility for deteriorating humanitarian conditions in Gaza
Mass destruction caused by Israeli bombings on the Gaza Strip in Israel's genocide war on the strip as it killed more than 30,000 people- photo from Palestinian journalist. CAIRO – 11 May 2024: A high-level source said that Egypt told all concerned parties that Israel bears responsibility for the deteriorating humanitarian conditions in the Gaza Strip, Extra News reported. Egypt’s comments come after the failure of the recent round of indirect Cairo-host negotiations between the Hamas Movement and Israel to reach a ceasefire agreement in the Gaza Strip and a prisoner swap deal. The Palestinian Ministry of Health in Gaza announced Saturday, that the death toll from the Israeli war on the Gaza Strip since October 7th has risen to nearly 35,000. In another development, the ministry reported the discovery of 80 bodies in 3 mass graves in the courtyards of the Al-Shifa Medical Complex and dozens of bodies inside the complex's departments.
Source:Egypt Today
May 11, 2024 14:40 UTC
Egypt Education Platform’s EEP Run raises funds for Gaza
Egypt Education Platform (EEP) recently held the fourth edition of its annual EEP Run – The Ultimate Race for Schools.The event took place at District 5, in collaboration with Marakez and Stamina Fitness. Members of Selah El Telmeez and Option Travel, also EEP entities, joined in the run. Egypt Education Platform emerged in 2019 as a transformative force in Egyptian education. EEP operates six verticals under different brand names in Egypt: GEMS International Schools, Hayah Schools, Prime National Schools, Trillium and Petals Preschools. It additionally invests in student transportation through its majority-owned Option Travel and educational content provision via Selah El Telmeez.
Source:Daily News Egypt
May 10, 2024 15:58 UTC
Saudi Arabia to test flying taxis during Hajj season
This year’s Hajj season, 1445 AH, will witness a first-of-its-kind experiment as the Kingdom plans to test flying taxis as part of modern transportation models during the pilgrimage. Minister of Transport Saleh Al-Jasser stated that the Kingdom will test flying taxis and drones among modern transportation models during this year’s Hajj season. Saudi Arabian Airlines previously contracted with the German company Lilium in October 2022 to supply 100 emission-free electric aircraft for use in the Saudi Arabian domestic airline network, according to a statement on Lilium’s website. In January, Saudi Arabian Airlines announced its readiness to use flying taxis as a new means of transportation during Hajj seasons. The flying taxis are planned to transport passengers between King Abdulaziz International Airport in Jeddah and hotels in Makkah.
Source:Egypt Independent
May 10, 2024 09:15 UTC
Cairo talks on Gaza ceasefire resume in presence of all parties
CAIRO – 9 May 2024: The Gaza ceasefire talks resumed in Cairo on Thursday with the participation of all parties, a source told Al Qahera News. On May 6, the Hamas movement informed the Egyptian and Qatari mediators of the movement’s approval of the Egyptian proposal on a ceasefire agreement in the besieged Gaza Strip. Concurrently, displaced individuals will continue returning to their residences in the northern Gaza Strip, while freedom of movement for the population will be ensured across all areas of the Gaza Strip. This is in addition to starting the rehabilitation of the infrastructure of electricity, water, sanitation, communications, and roads in all areas of the Gaza Strip. Simultaneously, the reconstruction plan for the Gaza Strip, slated for a period of 3 to 5 years, will be implemented.
Source:Egypt Today
May 09, 2024 20:32 UTC
Hamas, Israel delegations leave Cairo after Gaza ceasefire talks
Delegations from Hamas and Israel participating in Cairo talks for Gaza ceasefire departed for consultations, on Thursday after two days of ceasefire negotiations, according to a high-level Egyptian source who spoke to Daily News Egypt. The discussions came amid escalating violence and increasing international pressure to de-escalate the conflict in Gaza. The source indicated that further diplomatic work is ongoing, highlighting the challenges in finding a resolution amid the current hostilities. The pressure on Israel to avoid a full-scale ground operation in Rafah has also grown, especially considering the damage already inflicted on the region. In response, Israel’s far-right national security minister, Itamar Ben-Gvir, criticized the US President’s remarks, posting on X that “Hamas loved Biden.”
Source:Daily News Egypt
May 09, 2024 20:07 UTC
Contact Financial completes first securitization issuance of 2024 valued at EGP 1.04bn
Contact Financial Holding, a premier provider of non-banking financial services in Egypt, has successfully concluded its first securitization bond issuance for the year 2024. The issuance, managed by Sarwa Securitization, comprises a consumer finance portfolio from Contact Credit, its affiliates, and sister companies, totaling EGP 1.04bn. Major financial institutions have underwritten and subscribed to the issuance, with Contact Financial Holding spearheading the process as the issuance manager, promoter, and underwriter. Arab African International Bank served as the custodian, and Banque Du Caire functioned as the placement agent. It also signifies the trust that both local and international financial institutions place in our robust credit portfolio, our diverse financial products, and our team’s expertise.
Source:Daily News Egypt
May 09, 2024 11:59 UTC
All you need to know about the new COVID-19 Variant, Named ‘FLiRT’
A new variant of COVID-19 has been identified, dubbed “FLiRT,” and currently accounting for 25 percent of coronavirus cases in the US. The Daily Star website reported on another variant known as KP.1.1, estimated to represent 7.5 percent of COVID-19 cases in the United States. They explained that some mutations may make the virus easier to spread or more resistant to treatments and vaccines. The Vice President of the Scripps Research Center, Eric Topol, who closely monitors new COVID-19 variants warned that these new variants are expected to cause a “significant increase” in cases. While the COVID-19 virus continues to evolve, the symptoms associated with it remain largely consistent.
Source:Egypt Independent
May 09, 2024 08:03 UTC
Gaza Ceasefire Talks Resume In Cairo, Progress Achieved, Gaps Remain
(MENAFN- Daily News Egypt) High-level ceasefire talks involving Qatari, US, and Hamas delegations resumed in Cairo on Wednesday. On the other hand, a senior Israeli official told Axios that significant gaps persist in the negotiations over the Gaza hostage deal. Israel's seizure of the Rafah crossing has also stranded international aid personnel on both sides of the Gaza-Egypt border, further complicating the delivery of much-needed supplies. The Cairo talks come at a critical time, with international stakeholders closely watching for signs of progress. Egyptian mediators continuetheir efforts to pushfor a resolution, the Egyptian sources indicated.
Source:Daily News Egypt
May 09, 2024 06:20 UTC
Real's success down to collective sacrifice, Vinicius says
Yet the Brazilian, who was almost unplayable at times, said that the recipe for Real Madrid's success in big moments is their selfless commitment and collective sacrifice that, combined with the Bernabeu's electric atmosphere, prove an unstoppable combination. It's all due to the togetherness of the group, that's what makes the difference," Vinicius told Movistar Plus. The 23-year-old Brazilian tormented Bayern's defenders on Wednesday, showing once again he is Real's man for the big occasion. I feel proud to be able to play so many times in this stadium, to experience nights like this and to do something like this again. This is Real Madrid... We never give up," an emotional Vinicius said.
Source:Egypt Today
May 09, 2024 04:58 UTC
Foreign leaders condemn Israel’s military action in eastern Rafah
Top international officials have criticized Israel’s military action in eastern Rafah, after the Israel Defense Forces (IDF) on Monday ordered residents there to “evacuate immediately” as it conducts an operation in the city. Many of those leaving Rafah have been previously displaced multiple times as Israel’s focus has moved from city to city. REUTERS/ Asanka Brendon Ratnayake/Reuters“The impacts on Palestinian civilians from an expanded military operation would be devastating,” she added. German Foreign Minister Annalena Baerbock warned on X against a “major offensive” on Rafah, saying: “One million people cannot vanish into thin air. To this end, the Rafah and Kerem Shalom border crossings must be reopened immediately.”German Foreign Minister Annalena Baerbock speaks to the media in Berlin, Germany, on April 25.
Source:Egypt Independent
May 09, 2024 01:13 UTC
PM holds meeting to boost real estate exports, activate investment funds
CAIRO – 8 May 2024: Prime Minister, Mostafa Madbouly, key government officials met to discuss the development of real estate export initiatives and the activation of real estate investment funds. He highlighted the recent interest from Gulf countries' citizens in purchasing Egyptian real estate and emphasized the role of real estate development companies and exhibitions in promoting this unique offering. It reviewed several legislative, regulatory, and administrative aspects related to real estate investment funds. Representatives from the Egyptian Real Estate Investment Fund and other stakeholders participated in the discussions, resulting in agreements on various legislative and administrative amendments that aim to activate the role of real estate investment funds. These amendments aim to encourage investment in real estate funds and enhance their effectiveness in promoting real estate investment.
Source:Egypt Today
May 08, 2024 18:16 UTC
Egypt offers condolences over Brazil floods victims
CAIRO – 8 May 2024: Egypt’s Foreign Ministry Spokesman Ahmed Abu Zeid has offered his sincerest condolences to families of the victims of devastating floods that struck the southern Brazilian state of Rio Grande do Sul. In a post on his official X account, the spokesman added that Egypt stands by the side of the government and people of Brazil in this delicate situation
Source:Egypt Today
May 08, 2024 17:02 UTC
Egypt’s PM oversees progress of Warraq Island development
Egyptian Prime Minister Mostafa Madbouly reviewed the progress of the new urban complex being constructed on Warraq Island during a meeting on Tuesday. Madbouly emphasized the importance of timely compensation for residents affected by the redevelopment. Housing Minister Assem El-Gazzar, Giza Governor Ahmed Rashid, and Osama Shawky, head of the New Warraq Island Development Authority, attended the meeting. Services such as a youth centre, commercial centre, and schools are also under development. Shawky discussed the status of land and property transfers for the development, including the disbursement of compensation to residents.
Source:Daily News Egypt
May 08, 2024 12:36 UTC