Latest Updates of Egypt !
Egypt’s Dar Al Ifta , the body responsible for issuing religious edicts, announced on Monday that it will sight the crescent of the holy month of Ramadan on Tuesday.
On its Facebook account, Dar Al Ifta said that there will be a live broadcast on the Egyptian television and the official page Dar Al Ifta on Facebook after sunset.
The holy month is the ninth in the Islamic calendar, the month in which the Quran was revealed to Prophet Mohammed.
Source: State Information Service Egypt
The National Council for Women (NCW), under Maya Morsy, has extended thanks to President Abdel Fattah El Sisi over decisions taken on Monday to back women in Egypt.
In a statement issued by the NCW, Morsy lauded the decrees issued by Sisi during a ceremony held Monday to honor Egyptian women and ideal mothers for 2023.
Such decrees are part of the political leadership’s efforts and policies to empower women, Morsy said, praising Sisi’s decision on releasing indebted women and men from correctional and rehabilitation centers of the Interior Ministry ahead of the month of Ramadan to be able to be reunited with their families during this holy occasion.
In support of the Egyptian women, President Sisi issued a number of directives, instructing the government to do the following:
– To promote the women’s representation in the boards of directors of governmental bodies, business sector companies and their subsidiaries.
– To expand training programs in the technology and digitization domains, with the aim of increasing opportunities for women’s empowerment and participation in future jobs.
– To support digital savings and loan packages, in the national project for the development of the Egyptian family, and other development programs via building the women’s capacities
– To implement small green projects and sustainable income generating activities (IGAs).
Source: State Information Service Egypt
The State gives top priority to supporting the micro projects sector, affirmed Prime Minister Mostafa Madbouli.
He also drew attention to the numerous initiatives which support the micro projects sector.
This came during Madbouli’s meeting with CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA) Basil Rahmi and Mohamed Abdel-Malek, the head of the central sector for provincial bureaus at the MSMEDA.
The meeting also tackled the MSMEDA’s future plan, which starts in 2023 and ends in 2026.
Explaining the plan, Rahmi said that it is part of the Sustainable Development Goals and Egypt’s Vision 2030.
The future plan aims to expand gradually in digital transformation through securing data and enhancing the efficiency of the the ICT infrastructure, he added.
Source: State Information Service Egypt
Prime Minister Mostafa Madbouli said on Monday he backs a decision by BSH company, Europe’s leading home appliance maker based in Germany, to establish a factory in Egypt.
During a meeting with Rudolf Klötscher, member of the Board of Management of BSH in the presence of CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba, the prime minister congratulated the German company for laying the foundation stone of an appliance factory in the 10th of Ramdan City.
The prime minister told the German company board member that he welcomed at his office any investor wishing to invest in Egypt.
Klötscher said the factory will be the biggest in Africa, pointing out that he hopes that Egypt would be a center for distributing the company’s products to other markets.
The company, an affiliate of Bosch, is an outstanding home appliances producer meeting the needs of consumers worldwide.
Source: State Information Service Egypt
Prime Minister Mostafa Madbouli on Monday witnessed the signing ceremony of a deal between the Suez Canal Authority (SCA) and the Greek Antipollution Company, a member of V Group which is a robust Group of Companies with a strong presence and continuous growth in Waste Management, Renewable Energy Sources and Financial Investments.
The deal aims at establishing a company titled “Egypt Antipollution” as a shareholding company to offer services for waste and liquid waste management.
Minister of Oil Tarek El Molla, Minister of Environment Yassmin Fouda, Chairman of SCA Admiral Osama Rabie and Head of Suez Canal Economic Zone (SCZone) Walid Gamal el Din and the Greek consul general in Cairo attended the signing ceremony.
The deal aims at establishing a shareholding Egyptian company through partnership between SCA, represented by Canal Company for Ropes and Suez Maritime Arsenal and the Greek Company of Antipolltution.
The new company will offer logistic services to ships passing the Suez Canal and maximize the benefits from the navigation course and its surrounding areas with the objective of backing the State’s efforts to reinforce the national economy, lure foreign investments and provide job opportunities for youths.
Madbouli, for his part, said the liquid and solid waste collection and their recycling would boost the state’s efforts to nationalize the eco-friendly industries and activities and achieve the sustainable development targets, adding that it is the outcome of the government’s adopting the blue economy concept.
Meanwhile, Admiral Rabie said the move is a step forward on the State’s promising strategy of diversifying the income resources and optimize the assets owned by the Suez Canal and its affiliate companies through tending towards new activities and expansion in partnerships that pave the way for experience exchange and technology transfer.
Source: State Information Service Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla discussed on Monday with a Greek economic delegation, under the head of the American-Hellenic Chamber of Commerce (AmChamGR), means to cement cooperation between the two sides in the energy domain.
During a meeting with the visiting Greek delegation, Molla said “there are many areas of cooperation between the two sides topped by the trade and circulation of liquefied gas”.
He said the partnership of the two countries under the umbrella of the East Mediterranean Gas Forum and the role of Egypt as a regional gas hub, would open more horizons of cooperation and help market gas from Egypt to central Europe, Bulgaria and Romania via Greece.
For his part, the head of the Greek delegation hailed the development Egypt witnessed especially in the energy domain.
He invited minister Molla to attend the inauguration of a port for receiving liquefied gas in Greece in September in the presence of the Greek prime minister and the minister of energy and environment.
Source: State Information Service Egypt
Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Chief Executive Officer of Enterprise Georgia Mikheil Khidureli inked a memorandum of understanding on boosting cooperation and investment between Egypt and Georgia.
This came on the sidelines of the Egyptian-Georgian business forum hosted by GAFI on Monday.
The forum is a platform to launch a new stage of increased economic and investment cooperation between both countries, Heiba said.
He reviewed the tax incentives presented by the Egyptian government and investment opportunities in the sectors of industry, logistics and green economy especially that Georgia has a great expertise in the production of renewable energy and recycling of waste.
Source: State Information Service Egypt