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[l] at 2/23/24 7:39am
Prime Minister Mostafa Madbouly announced that Egypt will receive $35bn as a down payment for the Ras Al Hekma development deal. The first payment of $15bn will be received within two months, followed by another $20bn. The Prime Minister explained that the first payment of the deal includes $10bn in direct liquidity from abroad, in addition to the UAE waiving $5bn of its deposits at the Central Bank of Egypt. The total investment in the development of Ras Al Hekma City is $150bn, and Egypts share of the projects profits is 35%. Foreign direct investment through Ras Al Hekma development deal contributes to eliminating the parallel market for foreign currency in Egypt. Madbouly said that the New Urban Communities Authority represents Egypt in the Ras Al Hekma City development deal, while Abu Dhabi Developmental Holding Company (ADQ) represents the UAE. The Prime Minister added that ADQ will establish Ras Al Hekma Company as an Egyptian joint stock company to develop Ras Al Hekma City on an area of 170.8 million square meters. Egypt Close to Finalizing Agreements with IMF, World Bank, and EU for Foreign Currency Madbouly announced that Egypt is very close to finalizing agreements with the International Monetary Fund (IMF), the World Bank, and the European Union (EU) to secure sufficient foreign currency. The Prime Minister stated that these agreements will help to stabilize the Egyptian economy and improve the countrys credit rating. He also said that the agreements would lead to increased foreign investment in Egypt. 

[Category: Business, Egypt]

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[l] at 2/22/24 10:55am
Egyptian LNG (ELNG) – a joint venture between the Egyptian General Petroleum Corporation (EGPC), Egyptian Natural Gas Holding Company (EGAS), Shell Egypt, PETRONAS and Total – has been recognized at the Egypt Energy Show (EGYPES) Awards, underscoring Shells commitment to sustainability and innovation in the energy sector.ELNG was awarded first place in the ’Operator of the Future’ category, in recognition of its remarkable strides in digital transformation. ELNGs initiatives focused on enhancing active monitoring of field operators to minimize equipment failure and leakage, exemplify its commitment to operational excellence and environmental stewardship.The EGYPES Awards, comprising nine curated categories, serve as a platform to showcase innovative solutions addressing the myriad challenges confronting the energy industry, and spotlight initiatives that contribute to energy security and facilitate the transition towards a more sustainable and lower-carbon future.Appraised by a distinguished panel of global experts in decarbonization, technology, sustainability, and climate change, the EGYPES Awards were presented at an exclusive ceremony held as part of EGYPES’ Sustainability in Energy and Equality in Energy Conference.Commenting on the accolades, Dalia Elgabry, Vice President & Country Chair of Shell Egypt, expressed her gratitude, stating, We are immensely proud of Egyptian LNG for their outstanding achievements. This award is a testament to our joint ventures’ relentless pursuit of excellence and innovation, and reaffirms Shell’s steadfast commitment to pioneering breakthrough sustainable solutions across the energy landscape and driving positive impact in the communities we serve.Hany Esmat, CEO of PETRONAS Egypt, commended the award, stating, “We are grateful for the success achieved by the Egyptian LNG team and proud of the companys accomplishment. We emphasize that striking a balance between meeting energy demands and advancing decarbonization is a critical challenge that requires strategic and forward-thinking initiatives. At PETRONAS, we prioritize sustainability and innovation in our operations as we navigate this challenge.

[Category: Business]

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[l] at 2/22/24 2:07am
Minister of Finance Mohamed Maait said that the government will follow the presidential mandates by doing everything that would strengthen the governance of the state’s financial system and use its resources optimally. In a statement issued by the Ministry of Finance on Wednesday, after President Abdel Fattah El-Sisi approved the law that establishes an agency for managing and disposing of recovered and seized funds, Maait said that this law creates an agency in the Ministry of Finance that will replace the general administration of recovered funds in the General Authority for Government Services, the Central Administration for Agrarian Reform Resources and Compensations, and the Custodial Liquidation System. This is part of the structural reforms that aim to improve governance, transparency, and sustainable development in state-owned assets. The goal is to effectively support economic stability efforts and keep a safe path to achieve economic goals and meet development needs. He added that the new agency is a unified organization that will take over the rights and obligations of the General Administration of Recovered Funds, the Central Administration for Agrarian Reform Resources and Compensations, and the Custodial Liquidation Agency. This will ensure the best use of state-owned assets and resources, increase the return on them, and manage and dispose of them properly. The Minister of Finance said that the law allows hiring companies or entities that specialize in managing some assets that need technical expertise that the new agency does not have. He said that this agency will use modern planning, rules, and methods for managing and disposing of funds in a way that suits their nature and enhances their development. He said that a committee will be formed, led by the Minister of Finance and including representatives of some ministries, various state agencies, and economic and financial experts, to run this new agency. The Ministry also said that an executive director will be appointed to manage the agency. His powers will include legalizing the seizure of lands and properties under the agency’s authority and taking actions to remove any violations of funds within the assets and properties mentioned in this law in coordination with the relevant authorities and agencies. He will also create a regularly updated database. The Ministry also stressed that this new agency will manage public funds and may be subject to administrative seizure to exercise its rights.

[Category: Business, agency for recovered, seized funds]

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[l] at 2/22/24 2:04am
Hisham Amna, the Minister of Local Development, received a report Wednesday on the achievements of the national project Mashroo3k, since its launch until February. The report showed that Mashroo3k financed 210,700 projects with loans worth about EGP 28bn, creating more than 1.7 million jobs across all governorates. Amna stressed that supporting small, micro, and medium-sized projects is vital for boosting the national economy. He said that small businesses are the engine and backbone of economic growth in many countries. He also said that micro and small projects, especially those run by women, are the main source of income for many families, with positive economic and social impacts. The Minister of Local Development said that the ministry’s “Mashro’ak” initiative has been providing financial support for all kinds of new and existing small, micro, and medium-sized projects, whether they are industrial, commercial, service, or craft. He said that the initiative also helps small projects overcome any challenges and compete in local and global markets, by offering various financial products through its financing arm, Mashroo3k, at competitive rates to suit the needs of all customers. Amna added that a new plan and vision have been developed for “Mashroo3k” for the next period, aiming to provide more loans and funding for the largest number of projects that apply for loans. He said that the initiative seeks to facilitate their approval, remove any obstacles, speed up the issuance of licenses, and create a favourable environment to encourage youth and women to join the programme, implement small and medium-sized projects in cooperation with several national banks, create job opportunities, solve unemployment problems, provide attractive incentives, conduct feasibility studies for all projects, and launch serious initiatives to benefit from the project and motivate youth to start their businesses. The Minister of Local Development stated that Mashroo3k achieved its highest lending rate since its launch in 2015, reaching about EGP 200m for 852 projects in January 2024. He praised the great efforts of the Mashroo3k team at the ministry and their constant follow-up with the directors of Mashroo3k offices in the governorates. He also praised the good cooperation and coordination with the national banks that partner with the ministry in this initiative, which have been expanding their plans and programmes to support the small, micro, and medium-sized enterprises in the governorates in collaboration with the ministry. He also mentioned the promotion and visits to Mashroo3k offices to meet with the staff and the youth who are interested in getting funding for various activities and projects, providing them with financial and technical support and encouraging them to start their businesses, thus contributing to creating new job opportunities. Amna pointed out that “Mashroo3k” has recently coordinated effectively with the “Hands of Egypt” platform, affiliated with the ministry, which has been supporting and marketing the handicrafts and heritage products that are produced by the projects funded by Mashroo3k in the governorates online. He said that this has enhanced and supported the marketing capabilities of these projects, increased their sales opportunities, facilitated their access to markets, and created job opportunities for youth and women, especially in light of the importance of e-marketing in the current period. The Minister of Local Development ordered the staff of the local development training centre in Saqqara to keep training and improving the skills of the Mashroo3k units on the basics of bank financing for small and micro projects, the benefits of each bank, and the concepts of small, micro, and medium projects. He said that there are 260 Mashroo3k offices in all 27 governorates to make it easier for applicants, including giving temporary licences and approvals. He encouraged youth to go to the closest local unit to apply for the loan they wanted, with a feasibility study of the project, the number of workers, and the initial cost. The loan amount is decided after checking the papers and project feasibility, and the applicant is told if they are approved or rejected, getting the loan within two weeks of sending the documents. Amna asked the managers of the Mashroo3k programme to increase awareness campaigns about the project, especially in villages, rural areas, and universities, to teach people about the importance of working for themselves and producing, give attractive incentives for youth, feasibility studies for all projects, and launch serious initiatives to help people benefit from the project and motivate youth entrepreneurship, make it easier for applicants to get loans, give technical and managerial training, emphasizing the importance of training and helping youth to start small projects, encourage entrepreneurship, and learn from the successful experiences of Mashroo3k in the governorates with a focus on the most needy areas and Upper Egypt governorates.

[Category: Business, Mashroo3k]

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[l] at 2/22/24 2:01am
The Egyptian Exchange (EGX) is working on a proposal to allow individuals to trade treasury bills in the secondary market. The proposal will be submitted to the Financial Regulatory Authority soon, as part of EGX’s development strategy, sources told Daily News Egypt. The sources said that the proposal was motivated by the recent surge in treasury bill trading, which was enabled by the EGX. This boosted demand, eased trading operations, and attracted more investors, especially individuals. Trading treasury bills in the secondary market started at the end of October last year, through the EGX’s screens. This was a step towards developing the securities market, one of EGX’s strategic goals. This also coincided with the shift of depositing, safeguarding, and settling government debt instruments from the Egyptian Company for Clearing and Settlement to the “Egyptian Central Depository & Registry Company for Securities & Treasury Instruments”. This was a key step to activate the agreement with Euroclear, which aims to bring more foreign investments to the local debt market. The sources added that once the proposal is approved by the Financial Regulatory Authority, the EGX will start the process of enabling treasury bill trading for individuals through its screens. This is expected to increase trading volumes to record levels. Treasury bills are government bonds, issued for periods ranging from 3 to 12 months. The Central Bank sells them on behalf of the Ministry of Finance to major dealers, who represent the primary market. They then sell some of them in the secondary market.

[Category: Business, EGX, T-bills]

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[l] at 2/22/24 1:55am
Beltone Holding, a fast-growing financial institution, announces a multidimensional collaboration agreement with BOA Group, the holding company of Bank of Africa BMCE Group that operates in Sub-Saharan Africa. Beltone aims to expand its presence in the African region by developing mutual growth and cross-selling products in the African markets. This collaboration is a significant milestone for both Beltone and BOA Group, as they start a journey of shared success, using synergies to explore new opportunities in the dynamic African landscape.

[Category: Business, Beltone Holding, BOA Group]

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[l] at 2/22/24 1:44am
Sahar Gendi, the Minister of State for Emigration and Egyptian Expatriates’ Affairs, met with a delegation from Egypt Post on Wednesday. The meeting was part of the Ministry of Emigration’s efforts to launch an app for Egyptians abroad, which will feature a platform that offers electrical appliances, household furniture, and Egyptian handicrafts. The meeting was also attended by Doaa Qadri, Head of the Minister’s Office Central Administration; Mohamed Abbas, Ministerial Advisor for Communications and Information Technology; and Karim Hassan, Media Advisor to the Ministry of Emigration. It also included Hatem El-Souli, Head of Quality Sector; Islam Khedr, General Manager of Quality Control; Dalia Mahmoud, SAP Practice Director; and Sarah Essam, Senior SAP Hybris Functional Consultant. The Minister of Emigration stressed the importance of the platform, which will provide all kinds of electrical appliances, furniture, and household needs, as well as Egyptian handicrafts, for Egyptians abroad to enjoy. She said that this was one of the services and features that the Ministry of Emigration was working to include in the app for Egyptians abroad so that they could buy what they needed with special discounts from the companies and brands that participated in the platform. Gendi listened to a detailed explanation from the Egypt Post delegation about the platform, which will be developed by WAVZ, a subsidiary of Post for Investment. They confirmed that the platform will use artificial intelligence to identify the needs of Egyptians abroad. The platform will also support transactions in foreign currencies and ensure the shipment and delivery of products within specified time frames, both domestically and internationally. This will be done through “Wassalha,” a subsidiary of Egypt Post, which is one of the leading shipping companies that relies on online services and delivers shipments to customers’ locations anywhere in the world. The Minister of Emigration emphasized that the platform should be user-friendly and accessible for all segments of Egyptians abroad, without any complications, so that they could benefit from this valuable feature, which would enhance their shopping and purchasing experience for electrical appliances, furniture, and other similar items, and deliver them to their relatives in Egypt easily, smoothly, and at affordable prices. She also instructed that the registration on all websites and apps for Egyptians abroad should be done through a single account, to facilitate their use of all these platforms that served them primarily. She urged the completion of the platform in its first phase, to be integrated into the app for Egyptians abroad, which was expected to be launched soon in collaboration with the Ministry of Communications and Information Technology. The platform’s team assured that they had a clear vision of the platform’s functionality and target audience and that they would follow all the directives of the Minister of Emigration, to ensure that the platform met the required standards. Gendi emphasized her keenness to enhance the investments of Egyptians abroad in Egypt and provide various channels for transfers, including coordination with Egypt Post, to facilitate the utilization of modern and diverse services provided by Egypt Post. These services witness comprehensive development in terms of form, content, expansion of the postal network, automation of services it provides, and expansion in providing new service patterns in addition to postal, including governmental, financial services, and parcel shipping. The Minister of Emigration added that she is interested in facilitating how Egyptians abroad can access the services provided by Egypt Post, enabling them to send their cash transfers to their families in Egypt with ease, and then their families in Egypt can receive these postal remittances through its branches and outlets spread throughout Egypt instantly, as well as securely and rapidly shipping their secured documents and others. Therefore, we need to highlight the role of Egypt Post and promote its services, which ultimately serve the interest of the Egyptian expatriates.

[Category: Business, Egypt Post, Egyptians abroad]

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[l] at 2/22/24 1:38am
Badr Abdel Aty, Egyptian Ambassador to Brussels, received a high-level Egyptian economic delegation of senior public and private sector officials. The delegation aimed to promote investment in Egypt, review the economic reform process in the country, and prepare for the investment conference that will be held in Egypt in cooperation with the European Union in the next few months. The Egyptian Embassy and its commercial office in Brussels arranged several meetings for the delegation, including meetings with the European Business Foundation, the Arab-Belgium-Luxembourg Chamber of Commerce (ABLCC), and the Solar Power Europe Federation. Hossam Heiba, Chairperson of the General Authority for Investment (GAFI) and head of the delegation, discussed the facilities that the state and the General Authority for Investment offer to foreign companies and investors. He also talked about their positive impact on the investment climate and the competitiveness of the Egyptian economy. Heiba said that the investment conference focuses on promising sectors, especially those that are important to both Egypt and the European Union. The most important sectors are clean energy and green hydrogen, as well as agriculture, food security, tourism, transportation, logistics services, and the industrial sector, including the automotive and food industries, pharmaceutical industry, and others. Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), highlighted the advantages of the SCZONE, which has six ports on the Red and Mediterranean shores. He pointed out the efforts to localize industries in the economic zone, especially in the field of green hydrogen. He also stressed Egypt’s readiness to build more partnerships with the European side. Gehan Saleh, economic advisor to the Prime Minister, explained the developments of the economic reform process that the Egyptian state started several years ago. She referred to the state ownership document that was announced in 2022 to clearly define the sectors that the state will be involved in and those that it will exit. Omar Abu Eish, Ambassador to the EU, also spoke about the importance of enhancing ties between Egypt and the European Union on the economic, investment, and trade levels. Representatives of the Egyptian private sector, including the Secretary General of the Federation of Chambers of Commerce in Egypt, the President of the Federation of Investors Associations, the President of the Egyptian Youth Business Association, and the Federation of Industries, also discussed the business and investment opportunities available in Egypt. On the other hand, representatives of the Belgian and European private sectors expressed their great interest in the Egyptian markets. Abdel Aty also reviewed the good economic and trade relations between Egypt and the European Union, as well as the bilateral relations between Egypt and Belgium. He mentioned the efforts to launch a comprehensive strategic partnership with the European Union to improve relations between the two parties. He also highlighted the promising potential that Egypt has in the energy sector, especially new, renewable, and clean energy.

[Category: Business, EU, Investment]

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[l] at 2/22/24 1:21am
The Software Engineering Competence Center (SECC) of the Information Technology Industry Development Agency (ITIDA) held a roundtable discussion at CREATIVA Innovation Hub in Sultan Hussein Kamel Palace in Cairo, one of Egypt’s historic landmarks. The session aimed to explore and discuss the best global practices for enhancing the capabilities and competitiveness of Egyptian IT and software companies, with a focus on using Capability Maturity Model Integration (CMMI) to improve business performance and create a sustainable competitive edge. The roundtable was led by ITIDA’s CEO, Engineer Ahmed El-Zaher, and involved prominent IT and software companies that have been appraised by CMMI. The participants included Engineer Khalid Ibrahim, CIT’s Chairperson; Haitham Hamza, Acting Chairperson of SECC; executives from local software companies, and CIOs from various organizations that benefit from SECC. The discussion covered the advantages of adopting CMMI and its impact on improving the business efficiency of IT companies. El-Zaher emphasized ITIDA’s commitment to promote open and inclusive dialogue among the IT community and software companies, aiming to support their growth, increase competitiveness, and enhance capabilities for international market penetration. The CEO highlighted the increased demand for professional skills in software engineering, which attracts the Egyptian market, contributing to increasing exports regionally and globally. He stressed the role of ITIDA in strengthening Egypt’s position in the IT services offshoring industry. ITIDA is strategically developing innovative capacity-building programs and providing international accreditations, positioning local IT and software companies at the forefront of global excellence. SECC plays a pivotal role as the driving force behind ITIDA’s efforts to boost the competitiveness of the local IT industry and software enterprises while expanding their global footprint. ITIDA CEO praised the positive role of SECC experts in offering consultation on a unique blend of quality standards and frameworks and coaching their implementation in addition to assessment and appraisal services. The meeting also reviewed the role of ITIDA in increasing the accredited and certified local companies, highlighting the recent collaboration between SECC and CIT where the latter will provide 50% of the cost for 20 of its member companies to obtain the CMMI certifications (CMMI-DEV/SVC) in the areas of development or services. SECC has provided consultation, assessment, appraisal, and training services for CMMI for both Development and Services since 2007 with 200 appraised companies locally in Egypt and internationally in Bangladesh, China, KSA, Kuwait, Syria, and UAE. The Capability Maturity Model Integration (CMMI) is a globally recognized method and process and behavioral model that helps organizations streamline process improvement and encourage productive, efficient behaviors that decrease risks in software, product, and service development. SECC is a leading organization in cutting-edge technology services and consultancy, reinforcing technical competence and improving the internal capacities of ICT companies. In June 2001, SECC was inaugurated as part of the efforts supported by the Ministry of Communications and Information Technology (MCIT) to boost the Information Technology Industry in Egypt. In 2005, SECC merged into the Information Technology Industry Development Agency (ITIDA).

[Category: Business, ITIDA]

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[l] at 2/22/24 12:54am
Egypt’s Foreign Minister Sameh Shoukry met with his Russian counterpart Sergei Lavrov on Wednesday, on the sidelines of the G20 Foreign Ministers’ Meeting in Rio de Janeiro, Brazil. According to Ahmed Abu Zeid, the spokesperson for the Ministry of Foreign Affairs, Shoukry expressed Egypt’s desire to reach a political solution for the Ukrainian crisis, and the need to mobilize international efforts to address its humanitarian, political, and economic impacts on the region and Egypt. The two ministers also discussed the latest developments on various regional and international issues, including the Palestinian situation amid the Israeli attacks on Gaza, the Yemeni crisis and its threat to maritime security, the ongoing turmoil in Sudan, the Libyan conflict, and the Syrian war. Lavrov praised the longstanding partnership and cooperation between Cairo and Moscow and emphasized the importance of maintaining high-level consultations to serve the mutual interests of the two nations and to contribute to resolving crises and promoting stability in the region. On the other hand, Shoukry confirmed that Egypt will continue its contacts and efforts with the relevant parties to stop the war in the Gaza Strip. He also stressed the urgency of activating the international mechanism to facilitate, monitor, and coordinate the delivery of aid to Gaza. Shoukry also met with his Brazilian counterpart, Mauro Vieira, at the start of his visit to Rio de Janeiro, where he participated in the G20 foreign ministers’ meeting upon the invitation of the Brazilian presidency of the group. Shoukry expressed Egypt’s pride in its long-standing diplomatic relations with Brazil, which is celebrating its centennial anniversary this year. He also expressed Egypt’s aspiration to build on the outcomes of the visit of Brazilian President Lula da Silva to Egypt earlier this month, which resulted in elevating the relations to a “strategic partnership” level, reflecting the growing ties between the two countries. Shoukry stressed the need to enhance economic and trade relations between the two countries, and to increase the trade volume shortly to benefit from the free trade agreement between Egypt and Mercosur, especially as Brazil is Egypt’s top trading partner in Latin America. Shoukry also expressed his gratitude to Brazil for assuming the presidency of the G20 this year, and for inviting Egypt to participate as a guest in the group’s activities. He also thanked Brazil for supporting Egypt’s bid to join the BRICS group. The meeting also addressed the developments in Gaza, where Shoukry commended the Brazilian stance in favor of the Palestinian cause. The two sides also discussed the Security Council’s inability to pass a resolution calling for an immediate ceasefire in Gaza on Tuesday. Shoukry urged the international community to fulfill its moral and legal obligations to end this humanitarian crisis, and to avoid selective and biased approaches that undermine the credibility of the Security Council.

[Category: Politics, Region, G20, Gaza]

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[l] at 2/22/24 12:50am
The Palestinian Ministry of Health in Gaza said on Wednesday that the Israeli army killed 118 civilians and wounded 163 in 11 massacres across the Gaza Strip in the past 24 hours. The death toll from the Israeli aggression on Gaza has risen to 29,313, with 69,333 injuries since 7 October 2023. Meanwhile, Egypt is hosting urgent meetings on the Gaza war, as the US envoy to the Middle East, Brett McGurk, met with the head of the Egyptian intelligence service, Abbas Kamel, and other officials on Wednesday. They discussed the Israeli plans to invade Rafah, a city near the border with Egypt. On Tuesday, the leader of Hamas, Ismail Haniyeh, arrived in Cairo with a delegation from his movement, amid stalled negotiations to end the war in Gaza. It was expected that the Egyptian officials would present the proposal that McGurk brought to the Hamas leadership. In a related development, the Israeli minister of national security, Itamar Ben Gvir, reaffirmed his opposition to allowing any humanitarian aid into Gaza. He was not alone in this stance. He also opposed the police dispersing the protesters who were against the entry of aid into Gaza. He repeated this position on Wednesday in an interview with the Hebrew Radio North, saying that there should be no talks or aid for Hamas. He told the interviewer: “If you ask me, the answer is that we should not negotiate with them, but rather we should kill them, stop fuel, and close the crossings for humanitarian aid.” Ben Gvir said that the entry of aid should depend on the access to Israeli prisoners held by Hamas. On the ground, the Al-Qassam Brigades, the military wing of Hamas, said that its fighters had attacked an Israeli special force inside a house with an RPG and machine guns, killing four soldiers and wounding the rest in the Al-Hawoz area, west of Khan Yunis. The Al-Qassam Brigades also said that they had hit a group of Israeli soldiers in a house with an anti-fortified TBG shell, killing three soldiers and forcing an Israeli helicopter to evacuate them north of the Al-Amal neighborhood, west of Khan Yunis. In addition, the Al-Quds Brigades, the military wing of the Islamic Jihad, said that they had shelled the Israeli forces in the Al-Zaytoun neighborhood, east of Gaza City. They also said that they had destroyed two Israeli military vehicles with “Thaqib” barrel bombs in the same neighbourhood.

[Category: Politics, Region, Gaza, Israel]

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[l] at 2/22/24 12:19am
Egypt gave an oral argument at the International Court of Justice (ICJ) in The Hague on Wednesday, on the UN General Assembly’s resolution that asks the ICJ to give an advisory opinion on the legal effects of Israeli practices in the Palestinian territories occupied since 1967. Yasmine Moussa, Legal Adviser in the Office of the Foreign Minister, presented the Egyptian case at the ICJ. Egypt confirmed the ICJ’s jurisdiction to give advisory opinions on the legal consequences of the Israeli occupation of the Palestinian territories, and its ability to support the goal of a two-state solution between Palestine and Israel. Egypt said that Israel’s orders to force the residents of Gaza out of their homes were ethnic cleansing and that Article 49 of the Fourth Geneva Convention forbids any actions of the occupation forces to deport any or all of the residents. The Egyptian representative said that Israel was expanding settlements to change the demographics and illegally claim sovereignty over the occupied Palestinian territories, which was a colonial act. She said that the measures taken by Israel to change the status of the occupied city of Jerusalem are unacceptable and that taking the Palestinian people’s land is a war crime. She said that the long occupation cannot comply with international law, especially with the use of excessive force against the native population. She added that Israel does not have the right to take Palestinian land by force. The statement said that the Israeli occupation’s systematic practices are illegal and violate the legitimate and inalienable rights of the Palestinian people. Egypt said that the West Bank and Gaza are part of the Palestinian territories and that the West Bank and East Jerusalem are occupied territories. It condemned Israel’s denial of the Palestinian people’s right to self-determination, which is what Israel tries to do through continued occupation. Egypt pointed out that the destruction done by Israel in Gaza and the siege that prevents the Palestinians from their rights, show the extent of the violations done by Israel, which are illegal and wrong measures, and they must be stopped now, as the Palestinians face collective punishment for 75 years. The Egyptian representative asked Israel to cancel all laws and legislation that promote apartheid and discrimination against the Palestinian people. She added that Palestinians suffer from racism and discrimination by settlers. Egypt has denounced Israel as an occupying power that is displacing Palestinians from their lands and invoking the principle of self-defense in contravention of international law, asking: “How long will the UN keep addressing the consequences of Israeli violations without tackling the root causes?” Egypt’s representative requested the court to issue an advisory opinion to the General Assembly stating that the Israeli occupation breaches international law. Yasmine Moussa, Egypt’s representative to the ICJ, accused Israel of blocking humanitarian aid from reaching the Gaza Strip, and of preparing to attack Rafah, where more than 1.3 million Palestinians live. She emphasized that Palestine has endured the longest occupation in human history, noting that Israel tolerates the violence of settlers against the Palestinian people, as well as the expansion of settlements. The Egyptian representative at the ICJ asserted that the continuous settlement activities by Israel eroded the basis of a two-state solution and peace in the region, disclosing that the number of settlers has now exceeded 750,000, which is intentionally altering the character of the occupied Palestinian territories.

[Category: Politics, Egypt, Region, ICJ, palestinian territories]

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[l] at 2/21/24 12:31pm
Shell Egypt is delighted to unveil the winners of its NXplorers Programme Competition, held in conjunction with the Egypt Energy Show (EGYPES) 2024 as part of the young professional feature of EGYPES. The competition, which attracted 65 undergraduates from all across Egypt, showcased the innovative solutions and creative problem-solving skills of aspiring young professionals in the energy sector.Emerging as the champions of the competition were the NXG team, whose project focused on devising strategies to reduce carbon waste in industrial zones, paving the way for the establishment of eco-industrial parks in Egypt within the next five years. In second place was the NSES team, whose project aimed to address Egypts electricity shortage sustainably by 2025, with a long-term vision of solving the countrys energy challenges by 2030.Rounding up the top three was the Titanium team, whose project aimed to harness energy from solid waste in Manshiet Nasser area in northern Cairo, while enhancing the standard of living for its residents by 2028. The NXplorers Programme, an integral part of Shell Egypts social investment initiatives, aims to nurture and empower young talents to address the challenges of energy sustainability and transition. Participants were tasked with presenting sustainable solutions aligned with the United Nations Sustainable Development Goals (UN SDGs) and Egypts Vision 2030 strategy, emphasizing the role of technology and engineering in creating a more sustainable future. Dalia Elgabry, Vice President & Country Chair of Shell Egypt, said: “We are thrilled to see the exceptional talent and dedication demonstrated by the participants of the NXplorers Programme Competition. These young professionals have showcased their ability to think critically, innovate, and contribute to shaping the future of sustainable energy solutions in Egypt.” Launched in Egypt in 2017, the NXplorers programme uses a unique combination of three systems thinking methodologies, scenario planning and the Theory of Change. Over the years, the programme has benefited thousands of participants, either as a standalone training or as part of other social investment programmes within Shell Egypt. The success of NXplorers Programme underscores Shell Egypts commitment to fostering talent development and promoting innovation in Egypts energy landscape. Alongside initiatives such as Shell Intilaaqah Egypt Programme, Imagine the Future competition, and Shell Eco-Marathon, NXplorers continues to empower young minds and inspire a brighter, more sustainable future.

[Category: Business, EGYPES, Shell Egypt]

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[l] at 2/21/24 12:27pm
The competition authorities of the BRICS countries (Brazil, Russia, India, China, and South Africa) gathered in Cairo, Egypt, on Wednesday for a two-day meeting to discuss critical issues related to global food supply chains and grain trade. This marks the first competition-related meeting hosted by Egypt since its official accession to the BRICS group earlier this year. Addressing Market Distortions and Ensuring Food Security: The meeting, held under the auspices of the Egyptian Prime Minister, aims to develop new mechanisms to tackle distortions affecting the global grain trade market. Key concerns include anti-competitive practices, market dominance by major players, and fluctuations in supply chains. These factors can lead to price instability, reduced access to food, and increased financial burdens for consumers worldwide. Strengthening Cooperation and Knowledge Sharing: Mahmoud Momtaz, Chairperson of the Egyptian Competition Authority, emphasized the importance of collaboration between competition authorities to ensure fair competition and market transparency. He highlighted the need to address challenges and create a more inclusive market environment in the food sector. Andrey Tsyganov, Deputy Head of Russias Federal Antimonopoly Service, commended Egypts active role in competition law and emphasized the importance of bilateral and international cooperation in tackling strategic issues like food security. Building a More Sustainable Future: Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre, welcomed the opportunity to enhance cooperation in combating anti-competitive practices in food supply chains. The meeting will witness presentations, discussions, and knowledge sharing on ongoing investigations and innovative approaches to food market regulation. Teresa Moreira, Head of the UNCTADs Competition and Consumer Policies Branch, underscored the timeliness of the meeting given the current concerns about rising food prices. She reiterated UNCTADs commitment to collaborating with BRICS and Egypt to find solutions to this critical global issue. Planned Sessions and Outcomes: The conference features several sessions focusing on topics like global food value chains and competition law, national initiatives in food market competition, and innovative global approaches to regulation. Closed sessions for BRICS working groups will further discuss specific competition issues in food markets and develop strategies for cooperation. This meeting is expected to contribute significantly to enhancing food security, promoting fair competition, and fostering a more sustainable and equitable global food system.

[Category: Business, BRICS]

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[l] at 2/21/24 11:47am
Specialists from the National Technological Initiative (NTI) presented Russian President Vladimir Putin with a project to promote technological solutions with support from TV BRICS, during the Agency for Strategic Initiatives (ASI) forum Strong Ideas for New Times. Andrey Shket, Director of the Skolkovo Institute of Science and Technology Endowment Fund, outlined the project to President Putin, proposing the creation of an international cooperation platform leveraging TV BRICS extensive media network. As reported by TV BRICS and the official website of the Russian President, Shket envisioned a network of centres in other countries focusing on developing advanced competencies based on Russian technologies. Such centres could become hubs for attracting talented young people and ambitious tech teams, Shket explained. They could gain exposure to the achievements of Russian companies, our business culture, and our technological solutions. He further emphasized the projects collaborative approach, aiming to utilize the expertise of other organizations like the Agency for the Development of Professions and Skills and the ASIs boiling points network. Additionally, support from business representatives like Rossotrudnichestvo is expected. Seeking presidential backing for the project, Shket expressed confidence that with support, the initiative could be scaled to a significant number of countries within the Eurasian Economic Union (EAEU) and BRICS Plus. The annual ASI forum fosters the development and implementation of socially significant citizen-led initiatives and projects, aiming to identify ideas that contribute to the countrys development strategy.

[Category: Politics, Technology, BRICS, putin, TV BRICS]

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[l] at 2/20/24 2:36pm
Lebanese actress Natasha Choufani, born in Abu Dhabi, has captivated the Arab world with her talent and simplicity. She studied media and theatre and started her acting career in 2011. Besides acting, she also enjoys drawing and writing poetry in English. Choufani is currently starring in the series “Dekat Al Eabid”, directed by Lassaad Oueslati. She delivers a remarkable performance as she portrays the emotional journey of her character, who loses her mother to the plague. She transforms from a cheerful and innocent girl to a grief-stricken and hardened woman. Daily News Egypt interviewed Choufani about her role in “Dekat Al Eabid”, the challenges of filming, and other aspects of the series, which we will reveal in the following lines. What is the series “Dekat Al Eabid” about and what is your role in it? “Dekat Al Eabid” is a series that tackles the issue of slavery and its effects on society. It is directed by Lassaad Oueslati and produced by MBC. I play the role of Aisha, a young woman who suffers from the loss of her mother and the oppression of her master. How did you prepare for your role and what challenges did you face? I prepared for my role by reading the script carefully and researching the history of slavery. I also had many discussions with the director and the other actors to understand the characters and their emotions. The biggest challenge was filming in harsh weather conditions and long hours. We had to endure the cold, the rain, and the mud in remote locations. How do you feel about the success of the series and the feedback from the audience? I feel very happy and grateful for the success of the series and the positive feedback from the audience. I think the series is important because it raises awareness about a sensitive topic that still affects many people. I hope that the series will inspire people to fight against injustice and oppression. How does your work in “Dekat Al Eabid” differ from your previous works? A: It was the most physically challenging project I have ever done in my ten years of acting. We filmed in very cold areas like “Al-Barouk” and “Nahr Ibrahim”, sometimes on winter nights and under the freezing rain. We spent 14 to 20 hours on the filming site, which was exhausting and difficult. How hard was it for you to act in English? It was not easy, but it was not the only challenge. We had to work on a specific dialect besides English because we came from different countries: England, Australia, Spain, Georgia, the Netherlands, and Lebanon. We had to use a dialect that was distinct from British, but also clear and understandable. The result was very beautiful. How do you view the scale of this project in the regional drama industry? I think that “Dekat Al Eabid” is the largest project ever in the Middle East. It involved more than 220 actors and 17,000 extras from 8 different nationalities. It was filmed in 104 different locations. I am very proud to be part of this project. Were you afraid of the difficulty of filming such a huge series at the beginning? I was curious about how we would manage this huge work, but I was also happy and confident knowing that MBC was behind the production and provided us with all the necessary resources to produce it in the best way. What was your impression of the script when you read it, and did it change when you filmed it? The script was amazing, the story was captivating and touching, and the writer Heba Hamada had a great reputation. This was not her first time working on such a huge and influential project. How was your experience working with director Lassaad Oueslati in “Dekat Al Eabid”? He is a perfect director in every sense of the word. Even though the scenes were very tiring, we were amazed by the result and forgot all the fatigue. Oueslati has a great eye for detail. He also gives the actor the freedom to explore his space and deliver his best performance. How would you describe the production after going through the experience? The production was very professional and overcame all the challenges that might face a work of this magnitude. Have you finished filming the work? We still have some scenes to film. I am really enjoying the remaining time we have together on this project. What is your final word about this great work? It is a project that I will always cherish in my professional life. What are your plans and future projects? I have some projects in the pipeline, but I cannot reveal them yet. I can only say that I will always try to choose roles that challenge me and that have a meaningful message. I want to thank the audience for their support and love, and I promise them to do my best in the upcoming work.

[Category: Cinema, Dekat Al Eabid, Natasha Choufani]

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[l] at 2/20/24 2:24pm
The tension in relations between Cairo and Ankara after the revolution of 30 June 2013, is a thing of the past. The future looks bright after the visit of Turkish President Recep Erdogan to Cairo, which signals strong potential for cooperation at all levels, from economic and commercial ties to political and diplomatic relations. The two countries can also work together to address the regional challenges and conflicts, ranging from Libya to Sudan and Ethiopia, from Gaza to Syria and Iraq. Despite the political rift, the trade between Egypt and Türkiye has remained robust. Trade exchange between the two countries rose to $7.7bn in 2023, up from $6.7bn in 2022. This figure is expected to more than double, as both President Abdel Fattah Al-Sisi and his Turkish counterpart agreed after their meeting in Cairo to boost trade exchange to $15bn annually and to enhance joint investments. On the regional front, several important issues require the collaboration of Egypt and Türkiye to resolve the disputes. One of these issues is the demarcation of maritime borders, which has been a contentious topic in the diplomatic dealings between the two countries. In 2020, Egypt and Greece signed a maritime border agreement, based on a similar agreement Egypt signed with Cyprus in 2003. The agreement with Greece in 2020 was seen as a response to the 2019 maritime border agreement between Türkiye and the Western Libyan government. Similarly, when Egypt launched the Eastern Mediterranean Gas Forum in early 2019, it invited all Mediterranean countries to join, including Türkiye. In the following years, Türkiye tried to lure Egypt several times by offering it a larger continental shelf than what its agreements with Greece and Cyprus stipulated, on the condition of signing a bilateral agreement with Ankara. But Cairo stuck to the principle of not interfering or harming the rights and interests of others. The reality is that the growing role of the forum opens up the opportunity for more cooperation among the Mediterranean countries, including Türkiye, Greece, and Cyprus. There is no doubt that Cairo can keep its balance in foreign relations, and the resumption of relations with Ankara will not affect its relations with Greece and Cyprus, which are Cairo’s allies in the eastern Mediterranean. They also have disputes with Ankara over maritime borders and oil and gas exploration rights. On the contrary, the restoration of relations will help ease the tensions and create the atmosphere for better relations between Ankara and both Athens and Cyprus. Therefore, any agreement between Egypt and Türkiye on maritime borders will have a positive impact on the overall situation in the Eastern Mediterranean. Regarding the Libyan issue, there is an understanding between Cairo and Ankara to find a way to handle the Libyan situation or reduce the friction in this issue. This may also help pave the way for a settlement in Libya, including securing international support for holding elections in the country and unifying Libyan state institutions. As for Gaza, the crisis in the Strip has been exacerbated by Ankara’s support for Hamas, which is opposed by the Palestinian Authority. Egypt, on the other hand, recognizes the Palestinian Authority as the legitimate representative of the Palestinians. The two countries need to align their visions to help restore peace and stability in Gaza after the war. Egypt and Türkiye are key players in the region. They cannot afford to ignore each other, and they need to understand each other’s interests and concerns. Although they have had a long and difficult history of disputes, they have recently made progress in improving their relations. This is a positive sign for the region, which requires more cooperation and less confrontation. Egypt and Türkiye share a common goal of enhancing stability in this volatile region, and their rapprochement will be a stabilizing factor. The region faces many challenges that require the cooperation of the influential countries. Egypt and Türkiye have some differences on some issues, such as Libya, Syria, and the Eastern Mediterranean. However, they also have a lot of common interests, such as trade, security, and counter-terrorism. They agree that they should not let their differences jeopardize their national security or their regional role. They have adopted a pragmatic approach that seeks to overcome their differences and focus on their shared objectives. Dr. Hatem Sadek: Professor at Helwan University

[Category: Politics, Opinion, Ankara, cairo]

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[l] at 2/20/24 2:21pm
inDrive, a global mobility and urban services platform, announced that six Egyptian startups and one from the Middle East from different tech sectors had made it to the shortlist of the Underdog award, which was launched in September last year to support successful technology startups that are thriving despite facing challenges such as limited resources, a lack of access to funding, and an inability to attend important industry events, because of their location. Ekaterina Smirnova, Head of the Underdog Tech Award, said: “The Underdog Tech Award is a business award for the ‘underdogs’ of the tech startup world, which is what inDrive once was. We often hear about companies from the same global capital hubs and their founders, who have graduated from the same Ivy League universities. With this award, we want to support companies from other regions and empower founders, who might not have graduated from Harvard, to believe in themselves and to know that they too can change the world. Together, we are building a more diverse and inclusive world, which considers the interests of many different communities and people, including those living in some of the world’s most remote places.” The Underdog Tech Award rewards winners with cash prizes of $30,000, $20,000, and $10,000 for 1st, 2nd, and 3rd places respectively, as well as other assistance, such as training from industry experts and PR support. The winners of the 2024 Underdog Tech Award will be announced on 1 April 2024. The panel of judges will consist of prominent tech entrepreneurs, academics, and industry experts. The jury members include Fatma Nasujo, Global Head of Corporate Operations at Wasoko; Sean Kim, President and Chief Product Officer at Kajabi; Charles Eesley, Associate Professor and W.M. Keck Foundation Faculty Scholar in the Department of Management Science and Engineering at Stanford University; Daniel Gándara, Vice President at MercadoLibre; Damla Buyuktaskin, Senior Regional Livelihoods and Economic Inclusion Officer for Asia Pacific Countries in the United Nations High Commissioner for Refugees; and Arsen Tomsky, Founder and CEO of inDrive. The shortlisted startups are: 1.      Valify Solutions, co-founded by Omar Ahmed Abdelwahed and Ibrahim Karim Eid from Egypt, is a RegTech company that specializes in digital identity infrastructure technology. 2.      Dentolize, co-founded by Mostafa Dawoud from Egypt, is a fully customizable dental practice management solution that scales with clients’ needs and enables dentists to streamline their financial, clinical, and operational processes. 3.      O7 Therapy, co-founded by Ashraf Bacheet from Egypt, is a startup that revolutionizes access to mental health services through its digital platform and mobile app. 4.      Egrobots, founded by Akhlad Mohamed Alabhar from Egypt, is an agritech platform that enables farmers to produce more with fewer resources. 5.      P-vita, co-founded by Mohamed Tarek Mohamed Abdelzaher from Egypt, is an innovative startup that recycles agricultural waste to produce raw materials for the cosmetics and food industry. 6.      Credify, founded by Abdelrahman Rashwan from Egypt, is a startup that empowers digital lenders with alternative data insights, optimizing creditworthiness assessments at the point of application and driving hyper-personalized marketing post-onboarding. 7.      KESK, founded by Basima Abdulrahman from Iraq, is a startup that built the first green energy platform in Iraq. 8.      TuConsejeria, founded by Victor Juarez from Guatemala, is a startup that provides comprehensive psychological and mental health support to the Hispanic community. 9.      Rarus Health, founded by Elmira Safarova from Chile, is a digital ecosystem that helps to improve diagnostics, assist families of children with rare genetic diseases, and generate data to accelerate the development of drug and gene therapies. 10.   Numera, co-founded by Carlos Andrés García Iguarán from Colombia, is a platform that enables companies to automate their accounting processes, simplifying everyday tasks such as sending and receiving invoices, settling taxes and payroll, and generating timely and reliable managerial reports from centralized data. 11.   TausiApp, co-founded by Amos Muthoni Kimani from Kenya, is an application that provides on-demand beauty services to customers who don’t have time to go to a salon or spa. 12.   Crustea, founded by Roikhanatun Nafi’ah from Indonesia, is a startup that leverages eco-friendly aeration technology with smart IoT to support advanced aquaculture ecosystems, helping increase pond farmers’ productivity and reduce operational costs. 13.   Caare, founded by Chandramouli Samatham from India, is a company on a mission to make basic healthcare accessible to rural and senior communities by offering a full spectrum of healthcare services via its online platform. 14.   Vermi-Farm Initiative, co-founded by Royford Mutegi from Kenya, provides smallholder farmers with sustainable and innovative agri-tech solutions to help increase crop yields and reduce water usage while creating routes to market for surplus produce. 15.   Digital Innovation for Impact, founded by Sadman Sadek from Bangladesh, is a startup that empowers smallholder farmers by providing them with valuable meteorological, agricultural, and technological insights to help them mitigate their exposure to climate risks. 16.   Wiolit, co-founded by Julian Garcia from Argentina, is a startup on a mission to reduce food waste from institutional canteens by providing companies with a platform through which they can monitor their food consumption and adjust production accordingly to help meet CSR objectives. 17.   Hyperce, founded by Biplab Karki from the USA, is a startup that provides innovative and personalized e-commerce solutions to businesses of all sizes, to address the challenges of traditional e-commerce technology by offering scalable, cost-effective, and highly customizable modern suite solutions that are easy to manage. 18.   GLIBER, founded by Felipe Castañeda from Chile, is a fintech company that provides financial services to gig economy workers, helping them to achieve their financial goals and enabling employers to lower employee turnover. 19.   Visionary, co-founded by Constantine Fedosev from the USA, is an energy storage and cloud service for power grid companies that operate low-voltage distribution power grids. 20.   VAKA, co-founded by Saúl Paniagua-Lapenta from Bolivia, is a platform that connects farmers with investors, helping investors to finance agricultural projects more easily and farmers to increase production capacity through access to more funding and technical advice.

[Category: Egypt, Underdog, Underdog Tech Award]

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[l] at 2/20/24 2:18pm
The Commercial International Bank Egypt (CIB) announced that it will hold an extraordinary general assembly of its shareholders on 25 March to seek their approval for issuing financial instruments or supporting loans or deposits or mixed financial instruments up to a maximum of $1bn or its equivalent in local or other foreign currencies. The purpose of the issuance is to finance the bank’s activities and to include the financial instruments within the bank’s general capital or supported capital “the second tranche” as needed. This is in addition to the remaining part of the approval issued by the Extraordinary General Assembly in early 2023. The bank said in a statement to the Egyptian Exchange today, Tuesday, that the board of directors will be authorised to determine the necessary terms, take all necessary actions and steps related to the proposed issuances, and make any amendments to these terms according to regulatory requirements. The bank also invited its shareholders to attend an ordinary general assembly to approve the increase of the bank’s issued and paid-up capital from EGP 30.195bn to EGP 30.431bn, with an increase of EGP 236.570m distributed over 23.657 million shares. The bank explained that these shares represent the fifteenth tranche of the incentive and reward program for the bank’s employees and managers through the promise of sale, approved by the Financial Regulatory Authority. The bank had previously reported pre-tax profits of EGP 41.6bn in 2023, compared to EGP 23.941bn in 2022, with an increase of EGP 17.712bn. Net profit amounted to EGP 29.710bn, compared to EGP 16.172bn, and net income from returns amounted to EGP 52.929bn, compared to EGP 31.004bn.

[Category: Banking, CIB]

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[l] at 2/20/24 2:10pm
DisrupTech Ventures, a venture capital firm founded by Mohamed Okasha, revealed that foreign private investment funds from Africa and the Gulf are expected to invest $220m in Egyptian startups over the next two years, based on international reports. Okasha made this statement at the “Communications and Technology Session and Opportunities to Attract Foreign Investment” that was part of the ninth annual conference for CEOs. He discussed the opportunities for investors and startups in the Egyptian market and said that challenging times are the best times for investment. He added that the Egyptian state’s support for digital transformation and financial inclusion projects, as well as the lack of foreign investors in the local startup scene, create a great opportunity for local investors to inject funds without overvaluing the companies. Okasha also urged Egyptian startups to prepare for receiving new funds by reorganizing internally and exploring new export markets, not just relying on the domestic market. He said that there are Gulf and European markets that are eager for Egyptian products developed by skilled and talented minds in emerging fields such as generative artificial intelligence and data analysis. He highlighted that Egypt is one of the top three countries in Africa for investment, after South Africa and Nigeria, due to its large youth population (75% under 40), its telecommunications infrastructure, and its affordable internet prices. Okasha attributed the decline in the venture capital market to the rise in global inflation rates caused by the COVID-19 pandemic in 2020 and the Russo-Ukrainian war, which led to higher interest rates and a shift in investor preferences to sectors that offer fixed returns. He also noted that the repricing of large companies in the market affected all entities that use the US dollar for investment due to the depreciation of the local currency against the foreign currency.

[Category: Business, DisrupTech Ventures]

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[l] at 2/20/24 2:06pm
The inaugural Alexandria Photo Week, held from February 1st to 10th, drew a remarkable 15,000 visitors, showcasing the citys vibrant photography scene and rich history to a diverse audience. Organized by Photopia under the auspices of several cultural institutions, the event took place across eight major cultural centers, including the Jesuit Cultural Center, Bsarya for Arts, and the French Institute. Diverse Exhibits and Educational Programs The week-long program offered a captivating blend of exhibitions, lectures, workshops, and portfolio reviews. Visitors explored various themes through captivating exhibits like Sard: Stories from Alexandria and the Delta, featuring the work of 47 photographers, and Resilience Stories of Women Inspiring Change, showcasing award-winning photojournalism highlighting womens issues globally. Alexandria Photo Week also marked the first time the World Press Photo and National Geographic Society held events in the city. Over 60 educational sessions, including lectures, workshops, and portfolio reviews, provided valuable learning opportunities for aspiring and established photographers. The event also shed light on Alexandrias unique history and artistic heritage. The Roman Story exhibition, featuring photos by Hinar Sherif and Adel Essam, offered a thought-provoking glimpse into the citys past, while the Badawy Archive exhibition showcased over 350 original photographs and films dating back more than 80 years. The late photographer Farouk Ibrahim was honored with a special exhibition titled The Legends Light Box, showcasing 90 previously unseen photographs. The exhibition, organized with the support of the US Embassy in Cairo, provided a new perspective on Ibrahims remarkable career. Marwa Abou Leila, founder and managing director of Photopia, expressed her gratitude to the events supporters and highlighted its impact: Alexandria Photo Week was a unique experience, placing Egypt on the global cultural map and attracting specialists and general audiences alike. We look forward to building on this success in the years to come.

[Category: Culture, alexandria, Alexandria Photo Week]

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