South Korean firm expresses interest in importing Egyptian orange
CAIRO – 2 May 2024: South Korea's Hansan Global expressed interest in importing orange from Egypt in a meeting with Prime Minister Mostafa Madbouli Wednesday and that included the representatives of 15 major Korean companies. It is noted that in the first quarter of 2024, Egypt exported 1,199,916 tons of citrus. In 2023, the size of Egypt's orange exports to the European Union (EU) recorded over 500,000 tons. Further, between October 2022 and February 2023, Egypt was the largest orange exporter to Southeast Asian countries (Malaysia, Thailand, Singapore, Indonesia, and Cambodia) during that period.
Source:Egypt Today
May 02, 2024 13:31 UTC
Commemorative post stamp issued to mark 100th anniversary of Egyptian-Brazilian relations
CAIRO - 1 May 2024: Dr. Sherif Farouk, Chairman of the Egyptian Post Board of Directors, said: “Egyptian-Brazilian relations are characterized by mutual trust, and close and constructive cooperative relations." During the past years, Egypt and Brazil were able to develop means of cooperation to include many fields, so Egyptian Post took the initiative to issue a commemorative postage stamp on the occasion of the 100th anniversary of Egyptian-Brazilian relations, with the aim of strengthening the strong diplomatic relations between the two countries. Therefore, the Egyptian Post is always keen to issue commemorative stamps on important events and occasions to document and commemorate those events. The commemorative stamp for the 100th anniversary of Egyptian-Brazilian relations was designed with an artistic image that contains some of the famous tourist attractions in both countries. The size of the stamp is (4 cm by 6 cm), insured against counterfeiting, multi-colored, and its value is 10 pounds.
Source:Egypt Today
May 01, 2024 22:07 UTC
Rising Hindu nationalism leaves Muslims fearful in India’s holy city
Varanasi, India CNN —The sun glistens on the Ganges as Hindu devotees bathe in the holy river’s waters, and the Muslim call to prayer reverberates through the dusty air. The Gyanvapi mosque, left, and Kashiviswanath Temple on the banks of the river Ganges in Varanasi, India, December 12, 2021. He believes Gyanvapi is not a mosque, but a Hindu temple, and wants to see his community worship inside the walls of the building. Vishwambhar Nath Mishra, the priest of a prominent Hindu temple in Varanasi, believes Modi’s stoking of religious tensions is ruining the fabric of Indian society. Narendra Modi: India’s popular but controversial leader seeking a transformative third term.
Source:Egypt Independent
May 01, 2024 19:03 UTC
Egypt on cusp of Korean ‘Golden Eagle’ light combat aircraft deal
Egypt is nearing a deal with Korea Aerospace Industries (KAI) to buy FA-50 “Golden Eagle” light combat and advanced training aircraft, South Korea’s Yonhap news agency reports. The potential contract includes technology transfer so Egypt can manufacture the Korean aircraft at the Helwan factory, which is part of the Arab Organization for Industrialization (AOI). The Arab Organization for Industrialization says the partnership aims to fulfil the Egyptian military’s needs and also allows for export to African and Arab countries. KAI’s chairman confirmed the Egypt negotiations last year, saying Egypt is likely to choose the company’s bid for its tender. KAI hopes to help Egypt become a regional centre for manufacturing, exporting, and servicing “Golden Eagle” aircraft in Africa and the Middle East.
Source:Daily News Egypt
May 01, 2024 14:12 UTC
Arab tribal union inaugurates Sisi City
CAIRO - 1 May 2024: Sheikh Issa Al-Kharawin, Head of Sinai Tribal Sheikhs and Member of the Arab Tribal Union, said that Sinai holds a special historical and religious position. Sisi City was inaugurated, Wednesday, by the Arab Tribal Union during its first conference. Tribal sheikhs in Sinai, politicians, media, athletes, and community symbols participated in the first Arab Tribal Union Conference and the inauguration of Sisi City. The conference of the Arab Tribal Union was attended by a group of prominent figures from various fields, including politicians, media, athletes, and community symbols, in addition to a number of Arab tribal sheikhs. The inauguration of Sisi City in Sinai comes within the framework of the Arab Tribal Union's efforts to contribute to the renaissance of Sinai and achieve comprehensive development in all parts of the governorate.
Source:Egypt Today
May 01, 2024 13:15 UTC
Egyptian president, Spanish FM confer over solutions to end Gaza War
CAIRO – 14 March 2024: President Abdel Fatah al-Sisi received Thursday Spanish Foreign Minister Jose Manuel Albares. The focus of the meeting was regional developments, particularly Gaza War. The Egyptian president and the Spanish foreign minister equally underscored the importance of funding the UNRWA, and that the international community takes steps to make the Palestinian state a full member at the United Nations paving the way for the two-state solution. Minister Albares valued the role played by Egypt to consolidate regional stability, and efforts exerted to deliver humanitarian aid to Gaza in spite of obstacles. In turn, President Sisi commended the strength of Egyptian-Spanish relations, expressing keenness on reinforcing trade exchange, joint investments, and developmental cooperation.
Source:Egypt Today
March 14, 2024 14:00 UTC
Financial transfers from UAE to Egypt surge post-EGP liberalisation: Al Ansari Exchange
Al Ansari Exchange, a leading provider of transfer and foreign currency exchange services in the UAE and part of the Al-Ansari Financial Services Group, has reported a significant increase in money transfers to Egypt following the liberalisation of the Egyptian pound. The company observed a marked rise in the volume of financial transfers to Egypt after the Central Bank of Egypt’s (CBE) announcement to float the pound and allow its exchange rate to be determined by market dynamics. This move has been particularly advantageous for Egyptians living in the UAE. Ali Al-Najjar, Chief Operating Officer of Al-Ansari Exchange, remarked that the Egyptian government’s recent policy to liberalize the pound’s exchange rate has had a markedly positive effect on the flow of financial transfers into Egypt. Egypt ranks as the fifth most popular destination for remittances from the UAE, trailing behind India, the Philippines, Pakistan, and Bangladesh in terms of the volume of transfers sent to individuals.
Source:Daily News Egypt
March 14, 2024 08:16 UTC
Celebrities reflect on Ramadan
As the holy month of Ramadan begins, it brings with it a wave of nostalgia, stirring memories of childhood and youth. The essence of Ramadan nights lingers in our minds, including those of artists who share their unique experiences of this sacred time. I dedicate this month to reconnecting with family, friends, and my husband, director Khaled Selim. The arrival of Ramadan brings back fond memories of my childhood in the Bab al-Louq and Sayyida Zeinab neighborhoods. This tradition, along with preparing Ramadan decorations, like using old papers for handmade crafts and later electric lamps, brought the community together.
Source:Daily News Egypt
March 14, 2024 08:16 UTC
Egypt’s Finance Ministry to continue robust economic measures despite fiscal challenges: Maait
Ahmed Kouchouk, Deputy Minister of Finance for Fiscal Policies, emphasized the state’s reliance on the private sector to rejuvenate economic growth. This year marks the beginning of 40 economic entities, and within 5 years, it will encompass all state public entities, aiding in the enhancement of financial and economic performance metrics. He elaborated that among the 156 entities under the Comprehensive Health Insurance system, 47 are private sector entities, serving 4.4 million citizens, with current satisfaction rates surpassing 85%. This progressive system allows beneficiaries to select their service provider from either the private or public sector. These measures afford the private sector an enhanced role in amplifying its contributions to economic and developmental endeavors.
Source:Daily News Egypt
March 13, 2024 07:53 UTC
Women’s representation in Egypt’s top companies shows modest gains
The study aimed to quantify female representation within these leading firms. This figure stands in contrast to the 263 men holding board positions, resulting in a female representation rate of 16.7%. The survey highlighted that the Eastern Company and Misr Fertilizers Production Company (MOPCO) lack any female board members. Additionally, six companies feature a single female board member: Abu Qir Fertilizers, Ezz Steel, Palm Hills Developments, Eipico, Telecom Egypt, and Sidi Kerir Petrochemicals. However, only Edita Food Industries and the New Urban Communities Authority exceed this benchmark, each with three female board members.
Source:Daily News Egypt
March 13, 2024 07:39 UTC
China: Democracy that works
The “two sessions” offer the world an important window to observe China’s democracy. “Whole-process people’s democracy is the defining feature of socialist democracy,” said Chinese President Xi Jinping. “It is democracy in its broadest, most genuine, and most effective form.”The thoughts and aspirations of over 1.4 billion people have been incorporated into the top-level design of national development through China’s unique and distinctive whole-process people’s democracy. At no point has the “democracy for the few,” as seen in some countries — “democracy of the 1 percent, by the 1 percent, for the 1 percent” — been seen in China. The report to the 20th CPC National Congress emphasized that developing a whole-process people’s democracy is one of the essential requirements of Chinese modernization.
Source:Daily News Egypt
March 13, 2024 02:31 UTC
Number of victims of Israeli aggression on Gaza rose to 31,184 Palestinian martyrs
Collective burial of dead bodies of Palestinians killed due to continous Israel bombardement of the Gaza strip - fileCAIRO - 12 March 2024: The Palestinian Ministry of Health announced that the number of victims of the Israeli aggression on the Gaza Strip had risen to 31,184 martyrs and 72,889 injured since October 7, according to Al-Qahera News TV Channel. The Palestinian Ministry of Health added that the Israeli occupation committed 8 massacres against families in the Gaza Strip, killing 72 martyrs and 129 injured during the past 24 hours. Belgium called for an immediate and sustainable ceasefire in Gaza and stressed that the Strip is suffering a humanitarian catastrophe, stressing that the Gaza Strip faces the threat of famine and malnutrition.
Source:Egypt Today
March 13, 2024 00:20 UTC
Egypt to prioritize education, healthcare in 2024/2025 budget
CAIRO – 12 March 2024: President Abdel Fatah al-Sisi instructed the government to prioritize the sectors of education and healthcare in the 2024/2025 budget as well as identify the best investment opportunities in order to boost revenues. That was during a meeting held Tuesday with Prime Minister Mostafa Madbouli and Minister of Planning and Economic Development Hala al-Said, and that took place one day after a meeting with the minister of public enterprise to follow up on new projects implemented by state-owned companies. Those are in the sectors of pharmaceuticals, tourism, spinning and weaving, constructions, chemical industries and electric cars.
Source:Egypt Today
March 12, 2024 13:18 UTC
Egypt to build 18 new hospitals in 2024
CAIRO – 12 March 2024: The Ministry of Health and Population indicated Tuesday in a press statement that 30 hospitals had been constructed and developed in 2023 and that the target for 2024 was 20 dispersed among 11 governorates. The budget allocated is LE10.9 billion as 2,747 beds will be added, including 459 in ICUs, 527 dialysis devices, 441 incubators, and 96 operation theaters. The new hospitals being introduced are Ain Al Sokhna Emergency Hospital, Kom Ombo Hospital and Al Sebaeya Hospital in Aswan; Al Dakhla Hospital in the New Valley; Tanta General Hospital and Central Santa Hospital in Gharbia; Central Badr Hospital in Beheira; Obour Hospital in Qalyoubiyah; Saqetla Central Hospital and General Girga Hospital in Sohag; Deshna Hospital, Abou Tesht Hospital and New Qena Hospital in Qena; Central Bani Mazar Hospital in Menya; Tor Specialized Hospital and Central Nueiba Hospital in South Sinai; and, East Qantara Hospital and Al Tal El Kebir Hospital in Ismailiyah. As for the establishments being developed, they are Al Adwa Central Hospital in Menya, and Manfalout Central Hospital and Central Dayrout Hospital in Asyut.
Source:Egypt Today
March 12, 2024 12:31 UTC
Ongoing attempts to reach humanitarian truce in Gaza during Ramadan: Expert
The Egyptian state spared no effort to stop the war on the people of Gaza from the first moment, and continued to provide humanitarian aid in various ways. After the Zionist occupation army obstructed the entry of humanitarian aid through the Rafah crossing, Egypt began air dropping the aid on Gaza in order to reach them faster and better. Egypt also received the wounded and injured, and provided them with treatment in addition to urgently performing required surgical operations to them. Hilal added in a special statement to Youm7 that the Egyptian state spared no effort to help our Palestinian brothers in various ways. He pointed out that there are ongoing attempts to reach a humanitarian truce in Gaza during the holy month of Ramadan, and to stop the brutal war against the people of Palestine.
Source:Egypt Today
March 11, 2024 15:20 UTC