Day: April 1, 2022

Posted on

Finance min.: Investing in human capabilities is cast-iron guarantee to benefit from digital transformation programs

Finance Minister Mohamed Maait said investing in human capabilities is the cast-iron guarantee to benefit from comprehensive and integrated digital transformation programs.

Speaking at the opening session of the General Assembly of the Tax, Customs and Finance General Union, under Adel Abdel Fadil, the finance minister said “We are firmly proceeding with the implementation of the presidential directives by empowering young persons to take leadership positions.”

He added: “We have already succeeded in developing many workplaces in taxes, customs, real estate taxes and financial directorates.”

“We are continuing the process of modernization, in a way consistent with efforts exerted to achieve comprehensive and integrated digital transformation in all financial, tax and customs systems with the view to strengthening governance, raising public spending efficiency and integrating informal economy into the formal economy,” the finance minister said.

He also lauded the decisions and procedures taken by the government as per President Abdel Fattah El Sisi’s directives to improve wages, pensions and allowances.

 

 

 

Source: State Information Service Egypt

Posted on

Egypt pavilion at Expo 2020 Dubai garnered huge success – minister

Trade and Industry Minister Nevine Gamea said that the Egyptian pavilion at Expo 2020 Dubai attained a rousing success.

As part of an official competition organized by the Paris-based Bureau International des Expositions (BIE), the Egyptian pavilion garnered third place in the medium- sized pavilions participating in Expo 2020 Dubai, added the minister.

The Egyptian pavilion at Expo 2020 Dubai has witnessed a huge turnout, according to Gamea, noting that the pavilion has received more than 1.5 million visitors from various world countries.

The pavilion combines cultural touches and future vision for modern Egypt, noted the minister, adding that it also sheds light on the Egyptian civilization and the most characteristic features of the Egyptian personality throughout history, in addition to focusing on Egypt’s future and the most important opportunities available to investors in all sectors.

 

 

 

Source: State Information Service Egypt

Posted on

Communications min. opens two branches of outsourcing company Concentrix Egypt

Minister of Communications and Information Technology Amr Talaat has opened two branches of Concentrix Egypt, which specializes in outsourcing services.

The step comes as part of the company’s plan to expand its business in Egypt.

The opening ceremony was attended by the country head of Concentrix in Egypt Yamen Bahaa and the company’s regional director.

Concentrix Egypt aims to provide 3,500 job opportunities in 2022 to bring the total number of its employees in the country to 8,500.

It also targets having 15,000 staffers by 2025 with a dividend yield amounting to $250 million annually.

The minister opened one of the branches in person at Smart Village in the outskirts of Cairo, while he inaugurated the other one located in Maadi via video conference.

 

 

 

Source: State Information Service Egypt

Posted on

Damietta port receives French LNG Tanker

Damietta port received on Friday French-flagged ELISA AQUILA LNG Tanker to be loaded with about 61,000 tons of liquefied gas.

The tanker is 297 meters long and 46 wide.

The port also received MERCY tanker that is sailing under the flag of Antigua.

The tanker will be loaded with Ammonium nitrate.

 

 

 

Source: State Information Service Egypt

Posted on

Italian aid worker recalls brutal treatment by IS ‘Beatles’

Published by
AFP

Alexandria (Egypt) (AFP) – An Italian aid worker described being beaten with a rubber cable and waterboarded in harrowing testimony Thursday at the trial of a jihadist accused of being one of his Islamic State captors known as the “Beatles.” Federico Motka is the first former IS hostage to testify at the trial of El Shafee Elsheikh, a former British national accused of the murders of American journalists James Foley and Steven Sotloff and aid workers Peter Kassig and Kayla Mueller. Elsheikh, the most high-profile IS member to face justice in the United States, is charged with hostage-taking, c… Continue reading “Italian aid worker recalls brutal treatment by IS ‘Beatles’”