The Sustainable Economic Forum (SEF) successfully concluded its first edition in Algeria earlier this month, drawing over 1,200 visitors and featuring global participation from leading industry experts. Conceived by Mohamed Skander, the forum was founded on the belief that collective action is essential to achieving sustainable development goals through realistic strategies and strong industry support. The two-day event brought together representatives from over 17 countries, including key players and organizations from China, Italy, Tunisia, South Africa, France, and Egypt, among other MENA emerging economies. Supported by the main Algerian Business Association (CREA), the forum facilitated various dialogues, conversations, and partnerships. Emerging countries that can meet these conditions will be well-positioned for decarbonized production, as we transition to renewable energy sources and implement less invasive methods that minimize environmental and climate impact.
November 22, 2023 11:43 UTC
Throughout this crisis and during these negotiations, Egypt has demonstrated yet again its commitment to regional stability and its generosity in aiding civilians caught in the conflict, US Ambassador to Egypt, Herro Mustafa Garg said in a Wednesday statement commenting on the Gaza truce. Israel and Hamas on Wednesday confirmed their agreement on a proposal for a ceasefire in Gaza mediated by Egypt and Qatar. As President Biden has announced, the United States has partnered with Egypt and Qatar to facilitate the release of hostages held in Gaza and to implement an extended pause in fighting so additional humanitarian assistance can reach the Palestinian people, she added. As President Biden and Secretary Blinken have said, the United States rejects the forced displacement of Palestinians from Gaza – not to Egypt, not anywhere else. “I stand by these commitments and shared goals as I assume my duties in Cairo,” the statement concluded.
November 22, 2023 09:56 UTC
CAIRO – 22 November 2023: President Abdel Fattah al Sisi welcomed Wednesday the truce agreement announced in Gaza Strip. “I would like to welcome to the success of the Egyptian-Qatari-American mediation in reaching an agreement to implement a humanitarian truce in the Gaza Strip and the exchange of detainees by both sides,” Sisi wrote on his X account. The deal also includes the entry of hundreds of trucks carrying humanitarian, relief, medical, and fuel aid to all areas of the Gaza Strip, without exception, north and south. Further, Israel commits to not harming or arresting anyone in all areas of the Gaza Strip, and guarantees the freedom of movement of people (from north to south) along Salahuddin Street. Al Qahera News reported that the truce in Gaza may go into effect on November 23.
November 22, 2023 09:25 UTC
Russia’s Foreign Minister Sergei Lavrov expressed his country’s opposition to Israel’s policy of collective punishment in Gaza. Lavrov made these remarks during his meeting with the ministerial committee appointed by the Arab-Islamic summit to discuss the situation in Gaza, in Moscow. He added that terrorism should be fought without violating international humanitarian law, and noted that the humanitarian aid delivered to Gaza was not enough. Meanwhile, Russia’s Foreign Minister Sergei Lavrov expressed his country’s opposition to Israel’s policy of collective punishment in Gaza. He added that terrorism should be fought without violating international humanitarian law, and noted that the humanitarian aid delivered to Gaza was not enough.
November 22, 2023 08:49 UTC
Cairo – 21 November 2023: Sources told Al Qahera News channel on Tuesday that Egypt is continuing Its intensive efforts and communications in coordination with the United States and Qatar reach a truce agreement in Gaza. It was added that the “truce agreement includes the release of a number of women and children detained in the Gaza Strip in exchange for Israel releasing a number of Palestinian women and children”“The truce agreement in Gaza is witnessing tangible progress and is in its final stages”, the sources affirmed. The sources confirmed Egypt’s ‘continued pivotal role’ in Gaza, especially with regard to reaching a ceasefire and facilitating the flow of aid and diesel to Gaza. Ismail Haniyeh, the head of the Political Office of Hamas, stated that reaching a ceasefire agreement with Israel is imminent. Haniyeh added that Hamas has delivered its response to the mediators, Egypt and Qatar, and is close to finalizing a truce agreement with Israel, the Cairo News Channel reported.
November 21, 2023 19:12 UTC
Prime Minister Madbouly said that the repercussions of not establishing a Palestinian state will be horrendous, asserting that Egypt have and will always back the rights of Palestinians. "Egypt provided fourfold the aid sent from other countries to Gaza," he said. Madbouly added that Egypt insists on opening Rafah Border Crossing, delivering aid, and not forcing Palestinians out of Gaza into Sinai. The expansion of the conflict will not just jeopardize the region but the entire world, he said, stressing that displacement calls "imperil the national security of Egypt." Egypt's Prime Minister Mostafa Madbouly also said that if Egypt accepts the entry of 2 million Palestinians from Gaza Strip, the Palestinian Cause will be terminated.
November 21, 2023 18:44 UTC
Nine people including two journalists were killed on Tuesday in four Israeli airstrikes across southern Lebanon, as confrontations on the Lebanon-Israel borders intensified for over six weeks, Lebanese military and medical sources said. The sources, who spoke on condition of anonymity, said that four people were killed in Chaaitiyeh village in southwestern Lebanon after their four-wheel vehicle was attacked by an air-to-surface missile launched by an Israeli drone. According to Elnashra news website, the four victims were identified as three Hamas members and the deputy commander of the Al-Qassam Brigades in Lebanon. The same sources also confirmed that a Hezbollah member was killed in an Israeli airstrike on a Hezbollah centre in the village of Khiam in the country’s South East, and bulldozers were used to remove the rubble in search of more missing members of the Shiite military group. Earlier in the morning, local media reported that Israeli drones attacked southern village of Tayr Harfa, killing local TV channel Al-Mayadeen’s journalist Farah Omar and photographer Rabih al-Maamari and a civilian named Hussein Akil, while the attack on the village of Kafr Kila killed an 80-year-old woman.
November 21, 2023 18:31 UTC
CAIRO - 21 November 2023: Egyptian Prime Minister Mostafa Madbouli is attending a plenary session on Tuesday at the House of Representatives to answer briefing requests on the measures taken to inhibit the forced displacement of Palestinians from Gaza Strip. Madbouly added that Egypt insists on opening Rafah Border Crossing, delivering aid, and not forcing Palestinians out of Gaza into Sinai. Prime Minister answering briefs on Gaza situation. Sixteen members of parliament of diverse backgrounds have submitted briefing requests for the prime minister to hear the government’s measures against an Israeli scheme to displace Palestinians in Sinai. Prime Minister Mostafa Madbouly will answer to the parliamentarians on Tuesday.
November 21, 2023 10:22 UTC
More than 13,300 people, including more than 5,600 children and 3,550 women, have been killed by the Israeli aggression against the besieged Gaza Strip in the past 45 days. On Monday, the Israeli occupation bombed the Indonesian Hospital, killing dozens of patients and refugees who were sheltering there. Marwan Al-Sultan, the medical director of the hospital, said that the Israeli attack caused panic among the wounded and doctors, and resulted in deaths and destruction. The government media office in Gaza held the international community and the Israeli occupation fully responsible for the worsening humanitarian situation and the shortage of food supplies in the Gaza Strip. Furthermore, the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) said that the number of displaced people in Gaza has reached about 1.7 million people since 7 October.
November 21, 2023 10:13 UTC
Rami Aboulnaga, Deputy Governor of the Central Bank of Egypt (CBE), said that the CBE is committed to keeping up with the latest developments in financial technology as part of its goals to maintain monetary stability and enhance financial inclusion. He gave a speech on behalf of the CBE governor at the Cairo ICT exhibition in its 27th edition, where he said that the CBE has supported and encouraged financial technology in the banking and financial sector. It launched an ambitious strategy for financial technology and innovation to transform Egypt into a regional hub for the financial technology industry in Africa and the Middle East. The CBE has also included a chapter on the regulation of electronic payment systems and services and financial technology in the CBE and Banking Sector Law No. Financial technology applicationsThe CBE launched several initiatives to support emerging financial technology applications in all their stages, from idea to launch.
November 21, 2023 09:23 UTC
The Al-Qassam Brigades, the military wing of Hamas, said on Sunday that it had destroyed 60 Israeli military vehicles, including 10 troop carriers, in the past three days. Abu Ubaida, the spokesperson for the Al-Qassam Brigades, said: “A large force of our elite fighters, consisting of 25 personnel, carried out a complex attack on the Israeli forces stationed in Rantisi Hospital. It announced that it had targeted the Israeli Re’im military base in Gaza with rockets as well. Sirens were heard in a wide area from Ashdod in the south to Herzliya in the north, including the Greater Tel Aviv area. Meanwhile, the Israeli army announced the death of a soldier in fierce battles north of Gaza, bringing the death toll today to three.
November 21, 2023 04:21 UTC
Additionally, Egyptian expatriate groups in Australia, Jordan, Bahrain, Qatar, Oman, Nigeria, Uganda, China, Kyrgyzstan, Tajikistan, and Morocco were met by counsellor Mahmoud Fawzi. Kuwait and the United Arab Emirates hosted the third formal campaign meeting with representatives of Egyptian expatriate communities. The ongoing meetings of presidential candidate Abdel Fattah El-Sisi's official campaign and the efficient communication with Egyptian communities across the globe have delighted representatives of Egyptian expatriate groups. The ongoing meetings of presidential candidate Abdel Fattah El-Sisi's official campaign and the efficient communication with Egyptian communities across the globe have delighted representatives of Egyptian expatriate groups. They reaffirmed their dedication to educating Egyptians living overseas and motivating international students to use their constitutional rights.
November 20, 2023 21:50 UTC
Ayman Essam, External Affairs and Legal Director at Vodafone Egypt, said that the company is investing EGP 300m in clean energy as part of its strategy to achieve sustainable growth in the telecommunications sector. He added that Vodafone Egypt’s strategy is based on three core principles: prioritizing customer satisfaction, providing the best communication products and services, and creating pioneering innovation in digital services. The company’s strategy is to achieve sustainable growth by providing the best communication products and services, creating pioneering innovation in digital services, and giving distinguished digital experiences. The company offers a range of premium-quality digital services to the Egyptian market, such as mobile phone services, electronic banking services, Internet services, and integrated digital solutions. How does the company see the sector’s growth opportunities in 2024?
November 20, 2023 15:51 UTC
CAIRO – 20 November 2023: President Abdel Fatah al-Sisi held Monday a meeting to follow up on the measures taken to increase the productivity of agricultural lands, especially in terms of growing strategic crops and cash crops. There has been an increase in the yields of lands cultivated with wheat and corn. Participants in the meeting included Prime Minister Mostafa Madbouli, Minister of Agriculture and Land Reclamation Al Sayed al-Qusair, and Minister of Irrigation and Water Resources Hani Sweilam. The president was specifically briefed on the introduction of infrastructure, modern irrigation systems, water treatment plants, power supply, using digitalization in increasing agricultural productivity, and establishing industrial zones for processing crops. President Sisi noted that such mega projects, spanning over millions of feddans, must be completed as the ultimate goal is raising the percentage of agricultural lands in Egypt's total surface area and achieving food security for the Egyptian people.
November 20, 2023 15:39 UTC
The first article of the law stipulates putting into effect all its provisions and its attached law regarding the EEIGA as well as applying law no. Article (2) of the law promulgates that the EEIG will replace the Export Credit Guarantee Company of Egypt (EGE). Under the third article, the Egyptian Export and Investment Guarantee Agency name shall be replacing that of the Export Credit Guarantee Company of Egypt, whenever mentioned in the law and relevant resolutions. 21 of 1992 regarding the establishment of the Export Credit Guarantee Company of Egypt and states that all provisions running contrary to the new law should be repealed. The fifth article of the law stipulates that the CBE shall issue resolutions to implement provisions of the new law.
November 20, 2023 15:11 UTC