Month: January 2023

Finance Minister Mohamed Maait said on Sunday 1/1/2022 that the business-friendly environment in Egypt has helped attract more foreign and local investments.

Egypt is offering promising investment opportunities that could help empower the private sector and increase its contribution to the development process, the minister said in a meeting with Ajit Gupte, the Indian Ambassador in Cairo, earlier in the day.

This, he added, comes as part of state effort to boost potentials of the Egyptian economy and achieve sustainable growth rates.

Cairo is keen on enhancing cooperation and exchanging expertise with New Delhi, especially where financial policies are concerned, Maait expressed.

The minister said that Egypt is also expecting Indian support for two initiatives to “reduce the cost of green borrowing” and “establish a sustainable debt alliance”; both of which were launched on the fringe of the recent international climate summit in Sharm el Sheikh, COP27.

Gupte, for his part, said Indian companies are considered among big foreign investors in Egypt, which, he added, has a huge market with all factors of development.

He told Maait his country is seeking to boost cooperation with Egypt in all fields, particularly the economy.

Source: State Information Service Egypt

Agriculture Minister el Sayyed el Qusseir has urged senior officials at his Ministry to exert utmost effort to support the new republic in the face of entangled incidents and crises.

“Our precious homeland deserves doubled effort and action around the clock,” Qusseir said in a meeting with some Ministry leaders earlier Sunday.

The meeting tackled a number of files, atop of which the strategic crops and the new irrigation project.

The minister greeted all Ministry employees on the New Year and wished Egypt a happy year under the leadership of President Abdel Fattah El Sisi.

Source: State Information Service Egypt

Speaker of the Senate Abdel Wahab Abdel Razeq has praised the role played by the Arab Parliament (AP) in support of all Arab files probed at all international gatherings.

Abdel Razeq was speaking during a meeting with AP speaker Adel bin Abdul Rahman al Asoumi to discuss means of boosting bilateral cooperation.

He spoke highly of efforts exerted by Asoumi in handling the different files in a way that revived trust in the ability of the AP to adopt Arab files.

Asoumi, for his part, hailed as “important” the role played by the Egyptian leadership and institutions in the face of challenges to the Arab nation.

He touched upon support by President Abdel Fattah El Sisi for the AP, noting that many of the initiatives launched by the pan-Arab body are based on directives by the Egyptian leader.

Source: State Information Service Egypt

Commander in chief of the Armed Forces and Defense Minister Mohamed Zaki ratified on Sunday the appointment of Colonel Islam Mahdi as the army’s new official spokesman.

Under the decision, Mahdi will succeed Colonel Gharib Abdel Hafez Gharib.

Mahdi was graduated from the Egyptian Military Academy in July 2002.

Also, he obtained the master’s degree from the Faculty of Economics and Political Science.

He received during his military career a number of medals and decorations, including the 25 April Decoration (Liberation of Sinai) and the UN medal.

Source: State Information Service Egypt

Prime Minister Mostafa Madbouli reviewed a report presented by Chairman of the higher relief and medical committee Hossam el Masri on the efforts exerted by the committee in 2022 to meet citizens’ requests for the medical services.

Madbouli hailed the efforts exerted by the committee in acting immediately to securing needed medical help for citizens.

Masri referred to 2,301 decisions issued by the premier for treatment at state expense.

He added that 1,501 surgeries were conducted, noting that the committee has also worked on several files and axes to offer swift medical service.

He also referred to participating in medical convoys in most needy villages.

Source: State Information Service Egypt