Prime Minister Mostafa Madbouly held a press conference on Monday ahead of the opening of the 12th edition of the World Urban Forum (WUF). Since then, he has aspired for Egypt to host this forum, and today, as Prime Minister, he celebrates its realization in Cairo. However, Cairo’s selection presented a unique challenge, given its population of 22 million. Madbouly further emphasized that Cairo’s selection aligns with Egypt’s real-world initiatives that resonate with UN-Habitat’s mission to elevate urban living standards. This includes housing projects aimed at low-income groups and youth, such as the Social Housing Project, Housing for All Egyptians, and the redevelopment of informal and unsafe areas.
Source:Daily News Egypt
November 05, 2024 05:29 UTC
CAIRO- 4 November 2024: President Abdel Fattah El-Sisi met with the Chairman of the Yemeni Presidential Leadership Council, Dr. Rashad Al-Alimi, on the sidelines of the 12th edition of the World Urban Forum, held in Cairo. The Spokesman for the Presidency, Ambassador Ahmed Fahmy, said the two presidents affirmed the deep and strong historical relations between Egypt and Yemen. The two presidents discussed developments in the Gulf of Aden and the Red Sea and the ongoing efforts to restore stability in the region. President El-Sisi affirmed Egypt's vision in this regard and presented its efforts aimed at reaching a ceasefire in Gaza and Lebanon and reducing tension. The Chairman of the Yemeni Presidential Leadership Council expressed his deep appreciation for Egypt's sincere and continuous support for Yemen, stressing the depth of the fraternal relations between the two countries, and affirming his aspiration to continue consultation and coordination with the President.
Source:Egypt Today
November 05, 2024 01:12 UTC
Egypt’s President Abdel Fattah Al-Sisi addressed the opening of the 12th World Urban Forum (WUF12) on Monday, calling for a global effort to address the challenges facing cities and settlements worldwide. “This edition of the Forum comes at a crucial time as the world faces consecutive international crises and wars with devastating repercussions on cities, communities, and all aspects of life,” Al-Sisi said. He emphasized the importance of achieving peace and focusing efforts on development, reconstruction, and rebuilding in order to address urban challenges. “It is impossible to take any serious steps to address urban challenges in societies suffering from wars, fighting, displacement, famine, and disease,” he said. Al-Sisi expressed his hope that the World Urban Forum would be a significant step towards implementing the “New Urban Agenda,” strengthening international partnerships, and finding innovative solutions to address urban development challenges and achieve sustainable development goals.
Source:Daily News Egypt
November 04, 2024 16:35 UTC
Tatra Development has announced its entry into the Egyptian market by launching over 15 residential projects in various locations within New Cairo. He highlighted that the real estate sector in Egypt has a solid investment foundation, creating new opportunities for the company’s success. Founded 20 years ago in Kuwait, Tatra Development has established itself as a leader in the Kuwaiti real estate sector, with a property portfolio valued at approximately KWD 35m. Although Tatra officially launched its operations in Egypt in July, it has already begun construction on seven residential projects simultaneously and has achieved 50% of its sales targets. The extensive urban development in Egypt, including the establishment of over 37 new cities, underscores significant growth in this sector.
Source:Daily News Egypt
November 04, 2024 07:16 UTC
CAIRO – 22 October 2024: President Abdel Fattah El-Sisi expressed Egypt's appreciation for Russia's support during Egypt's accession to BRICS and acknowledged the efforts Russia made throughout its presidency of the BRICS Summit. El-Sisi also conveyed his happiness with Egypt’s first-time participation in the BRICS Summit. During a bilateral discussion with Russian President Putin, President El-Sisi praised the growing strength of Egypt-Russia relations. In response, President El-Sisi expressed Egypt's commitment to participating in the activities organized under Russia's presidency of the BRICS Summit this year. President El-Sisi arrived in the Russian Federation earlier to attend the BRICS Summit, held in Kazan.
Source:Egypt Today
October 23, 2024 01:46 UTC
KAZAN — Egyptian President Abdel Fattah al-Sisi has said he sees the BRICS group as a breakthrough in advancing the interests of all its members, particularly in trade. Al-Sisi made the remarks during a meeting with Russian President Vladimir Putin on the sidelines of the BRICS summit in Kazan, Russia. “We see also the breakthrough that BRICS achieves in the interests of all its members regardless of any pressures, particularly in trade relations. Al-Sisi also expressed Egypt’s appreciation for Russia’s support for its accession to BRICS. “We pay special attention to expanding friendly ties with Egypt, Russia’s long-standing and reliable partner,” the Russian president emphasised.
Source:Daily News Egypt
October 22, 2024 21:00 UTC
Cairo – October 22, 2024: The Ministry of Investment and Foreign Trade is working diligently to implement transparent policies and clear standards aimed at regulating the automotive industry in Egypt, with Minister of Investment and Foreign Trade, Hassan El-Khatib, adding that ongoing financial and procedural reforms are underway to provide further facilitation for local investors to localize the industry and to enhance the country’s foreign trade activities. The investment minister held an extensive meeting with representatives of global car manufacturers, agents, and distributors to bolster Egypt's automotive industry on Tuesday. During the meeting, Minister El-Khatib emphasized the government's deep commitment to the automotive sector, recognizing its key role in attracting foreign investments and promoting industrial growth. Among the ministry’s immediate priorities is reducing customs clearance times and alleviating tax and financial burdens on investors. Representatives from the automotive sector shared their suggestions on overcoming the challenges facing the industry and advancing its development during Tuesday’s meeting.
Source:Egypt Today
October 22, 2024 18:01 UTC
In a pivotal moment for the BRICS economic alliance, the “BRICS Pay” system was officially unveiled during the BRICS Business Forum held in Moscow a few days ago, as part of the ongoing BRICS summit for 2024. In a symbolic gesture of the group’s commitment to launching the system, BRICS payment cards were distributed to participants at the forum. This mechanism is poised to disrupt the Western “SWIFT” system’s monopoly on global financial transactions. The BRICS nations are earnestly working towards reshaping the global economic system by developing their financial frameworks. Additionally, initiating this mechanism could provoke pressures from Western sanctions, as the system may pose a threat to the current international financial system dominated by the West.
Source:Daily News Egypt
October 22, 2024 16:35 UTC
CAIRO – 22 October 2024: President Abdel Fattah El-Sisi headed Tuesday to the Russian Federation to attend the BRICS summit held in the city of Kazan. The summit marks Egypt's first participation as a member of the group, since its official accession at the beginning of this year. Spokesman for the Presidency, Ambassador Ahmed Fahmy, stated that during the summit, President El-Sisi will present Egypt's vision and positions on a multitude of significant international and regional issues. The President will also address climate change-related issues and avenues for strengthening economic and developmental cooperation among BRICS member countries. President El-Sisi will participate in the BRICS Plus summit, which includes BRICS member states as well as influential and friendly international countries and organizations.
Source:Egypt Today
October 22, 2024 14:45 UTC
Kazan – Egypt’s President Abdel Fattah Al-Sisi landed in Kazan on Tuesday for the 16th BRICS Summit. Al-Sisi is scheduled to hold a bilateral meeting with Russian President Vladimiri Putin. The three-day BRICS summit, starting Tuesday in the southwestern Russian city of Kazan, is the first meeting of the group of major emerging economies Brazil, Russia, India, China and South Africa since it expanded earlier this year to include Egypt, United Arab Emirates, Ethiopia, and Iran. Earlier, the Egyptian Foreign Minister Badr Abdelatty told RT Arabic in Cairo that BRICS “opens up new opportunities for cooperation, partnership, investment and trade” ahead of his trip to Russia. “We are against the policy of polarisation… This is not a political bloc, but an economic union to promote our interests and our economic agenda.
Source:Daily News Egypt
October 22, 2024 11:57 UTC
KAZAN— Russian President Vladimir Putin and Indian Prime Minister Narendra Modi met on Tuesday in Kazan, Russia, during the BRICS summit, emphasising the need for important decisions to expand and strengthen cooperation within the bloc. “In Kazan, we must take a number of important decisions aimed at further improving the activities of the association and strengthening multifaceted cooperation within its framework,” Putin said. Putin also highlighted Russia’s appreciation for cooperation with India within the BRICS framework. “We highly value our cooperation in this area, bearing in mind that our states stood at the origins of the creation of the association,” Putin added. Modi also touched on the ongoing conflict between Russia and Ukraine, stating India’s commitment to a peaceful resolution.
Source:Daily News Egypt
October 22, 2024 11:32 UTC
The upcoming BRICS summit in Kazan, Russia, from 22 to 24 October, will host a wider group of nations, with representatives from 36 countries and six international organisations participating. Ushakov outlined the summit’s schedule, highlighting that a meeting of delegations from the BRICS countries will be held on October 22, beginning with an informal lunch at Kazan City Hall. President Putin will also hold a press conference after the conclusion of the summit. The United Arab Emirates’ President Mohamed bin Zayed Al Nahyan will attend the summit on October 23 after talks with President Putin in Moscow. Finally, Ushakov stated that President Putin may meet with Milorad Dodik, head of the Republika Srpska canton of Bosnia and Herzegovina, in Kazan.
Source:Daily News Egypt
October 21, 2024 19:07 UTC
The alliance's initiatives have provided the medical tools and needs that help people with disabilities live their normal lives as much as possible. The latest of these initiatives was "The Best Friend", which aims to integrate people with disabilities into society, in partnership with the Ministry of Social Solidarity, the Ministry of Youth and Sports, and the Life Makers Egypt Foundation. The initiative works to achieve clear goals to help people with disabilities and their families integrate into society. A total of 800 volunteers from Life Makers Egypt volunteers participated in the launching ceremony. The initiative aims to enhance the role of youth in integrating people with disabilities into society, and achieving equality for all.
Source:Egypt Today
October 21, 2024 18:40 UTC
Yomna El-Bahar, Deputy Minister of Tourism and Antiquities, emphasized the profound historical connections between Egypt and India, highlighting their ancient and rich civilizations. This statement was made during the India Tourism Promotion Event organized by the Indian Embassy in Cairo on October 17. She noted that Egypt and India possess significant tourism potential, characterized by diversity and historical richness. C. Sushma, Chargé d’affaires of the Indian Embassy in Cairo, also addressed the gathering, highlighting the millennia-old ties between India and Egypt. The focus was also on medical value tourism, wellness tourism, and eco-tourism.
Source:Daily News Egypt
October 21, 2024 17:46 UTC
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, launched the second Global Conference on Population, Health, and Human Development (PHDC24) on Sunday, under the patronage of President Abdel Fattah Al-Sisi. The conference, themed “Human Development for a Sustainable Future,” is a key component of Egypt’s comprehensive strategy for human development and population improvement, aligning with the “Egypt 2030” vision and the outcomes of the National Dialogue. Abdel Ghaffar emphasised the importance of the PHDC24 and President Al-Sisi’s initiative, “A New Beginning for Building the Human Being,” as central pillars of Egypt’s human development strategy. The launch of the presidential human development initiative, “A New Beginning for Building the Human Being,” on 17 September demonstrates the country’s unwavering commitment to this area. The conference is a platform for Egypt to showcase its commitment to human development and population improvement while fostering international collaboration to address global challenges.
Source:Daily News Egypt
October 21, 2024 05:34 UTC