Nervana

This Week in Egypt: Week 11-2023 ( March 13-19)

Posted on March 19, 2023 by nervana111

Top Headlines

Turkey’s foreign minister in Cairo for first time since ties cut a decade ago
Egypt’s FM: Egypt and Turkey held ‘in-depth, frank’ consultations in Cairo meeting
Turkish FM: A meeting between Erdogan and Sisi would take place “after the Turkish elections.”
Egypt’s FM says looks forward to receiving new Cypriot counterpart in Cairo
Egypt presses on with mega water projects despite burden on state coffers
Time magazine selects Giza historic sites as one of the World’s Greatest Places to visit in 2023

Main Headlines

Monday

Regional crises must be resolved without interference in internal affairs of states: Egypt’s Sisi
Egypt’s FM stresses on political solution for Syrian crisis in meeting with UN special envoy to Syria

Tuesday

Misr insurance company ownership is transferred to Egypt’s sovereign fund
Freedom of expression must respect beliefs of others: Grand Imam of Al-Azhar to Danish PM
Egypt to launch incentive program for families with two children or less

Wednesday

UNSC backing of initiative to form Libyan team to prepare for polls undermines state institutions’ role: Egypt
Egypt records 46% increase in number of tourists in 2022
Egypt supports US nominee for World Bank Group president
Egypt is racing against time to add 3.5 million feddans of agricultural land

Thursday

Ethiopia denounces Egypt’s fresh warning over Nile dam
Egypt’s FM says looks forward to receiving new Cypriot counterpart in Cairo
Time Magazine selects Giza historic sites as one of the World’s Greatest Places to visit in 2023
German-Egyptian archaeological mission uncovers new remains at Matariya’s Sun Temple

Friday

Crisis- hit Egypt says it’s willing to do whatever it takes to make Saudi Arabia feel at ease with increasing investment
Egypt’s Sisi launches ‘Shoulder-To-Shoulder’ food security initiative
Israel, PA set for Sunday summit in Egypt as terror alerts rise before Ramadan
Khaled El-Balshy is elected new head of of Egypt’s Journalists Syndicate

Saturday

Turkey’s foreign minister holds talk in Cairo for first time since ties cut a decade ago
Turkish FM: Preparations are underway for meeting between Sisi and Erdogan
Egypt’s FM: Talks with Turkish counterpart ‘honest and transparent’

Sunday

Egypt signs $1.6 billion deals with China, EU companies to develop sea ports
First meeting of Egyptian-Qatari military committee in Cairo
Egypt’s Sisi discusses economic cooperation with a senior Russian delegation
Egyptian youth receives 7-year prison term for blackmailing 12 girls online

Reports

Egypt asset sales face obstacles as state maintains grip. Reuters
Egypt presses on with mega water projects despite burden on state coffers. Ayah Aman
Saudi Arabia, Qatar, and Egypt rank among world’s top 10 arms importers. Salim A. Essaid

From Twitter

Opened a new chapter w/ #Egypt, a country w/ which we have historical ties. We will:

– Elevate diplomatic relations to the highest level,

– Further develop cooperation in economy, trade, tourism & energy,

– Increase consultations and cooperation on regional matters.🇹🇷🇪🇬 pic.twitter.com/xmFqIG9o3E
— Mevlüt Çavuşoğlu (@MevlutCavusoglu) March 18, 2023

pic.twitter.com/idZpN3wO4P
— Egypt MFA Spokesperson (@MfaEgypt) March 18, 2023

The regional de-escalation continues: Turkey/#SaudiArabia & Turkey/#UAE & Egypt/#Qatar & Saudi Arabia/#Iran, and now Turkey/#Egypt. Turkish President Erdogan will reportedly visit Cairo to meet President Sisi after the Turkish elections in May. Via @mahmouedgamal44 pic.twitter.com/p9dh3OwKyU
— Mohammed Soliman (@ThisIsSoliman) March 19, 2023

Turkish Foreign Minister said at press conference in Cairo that Turkey is keen to revive joint military cooperation with Egypt as it was in the past.

The Turkish Minister also revealed that his country has invited Egypt to conduct/participate in three joint military exercises. pic.twitter.com/lQEBpEJdzQ
— Mahmoud Gamal (@mahmouedgamal44) March 18, 2023

Tough demands. https://t.co/tT9JMqyakJ
— Steven A. Cook (@stevenacook) March 19, 2023

Meanwhile, Newly-elected Cyprus President will pay an official visit to Cairo on April 4-5 to discuss with his Egyptian counterpart expanding cooperation in energy, military and security fields in addition to reviewing recent regional developments. https://t.co/0x0elvht7g pic.twitter.com/ei1kx8bMLl
— Mahmoud Gamal (@mahmouedgamal44) March 19, 2023

That is quite a good troll by the Egyptians. https://t.co/KpUgz9Mvz1
— Steven A. Cook (@stevenacook) March 19, 2023

Erdogan in 2019: I will never meet with Sisi as long as Sisi doesn't announce a general amnesty. Those who meet with him before amnesty will be remembered by history etc. https://t.co/Ok0b5g1HhV
— ilhan tanir (@WashingtonPoint) March 18, 2023

Digging more canals in Upper Egypt's Toshka to complete the desert land reclamation and cultivation of about 1.1 million feddans. pic.twitter.com/L5wmDVKfkb
— Mahmoud Gamal (@mahmouedgamal44) March 19, 2023

Egypt maybe seeing Qatar as a potential future market to export Egyptian-made armored vehicles along with other locally produced stuff. https://t.co/9q0DCHDEg5 pic.twitter.com/SuaEMieYth
— Mahmoud Gamal (@mahmouedgamal44) March 18, 2023

This election embodies "the hope for change after years of being stifled under a monopoly", liberal opposition party Dostour praised ElBalshy's election. "A breath of hope," was the reaction of @madamasr chief editor Lina Attalah #Egypt
— Eduard Cousin (@EduardCousin) March 19, 2023

.@Reuters analyses obstacles to #Egypt's plan to sell state assets (as required by #IMF).
“A lot of it is actually a justification for a massive state intervention in sectors that are supposedly strategic,” @SayighYezid is cited https://t.co/JpwyKJA9Ab
— Eduard Cousin (@EduardCousin) March 19, 2023

The problem in #Egypt is not how money used on projects like the new administrative capital, but how it was not matched with clear policy against rising Islamism & regression in the society.
There is no economic reforms without social reforms.@AlsisiOfficial @AmiraSelim12
— Nervana Mahmoud (@Nervana_1) March 16, 2023

On St Patrick’s day an old Guinness ad in Arabic from Egypt bygone days https://t.co/X15pyQoye5
— Hany Ragy (@Hragy) March 17, 2023

Sir Magdy Yacoub’s Red Granite statue in Aswan Egypt, by artist Nathan Doss from Minya Egypt..
The ancient Egyptian granite sculpting gene 🙂 pic.twitter.com/WJKpzWsy4z
— Hany Ragy (@Hragy) March 18, 2023

On #MothersDay, here's the surrogate mother of King #Tutankhamun – his wet nurse Maya. Very lucky to have spent time in her tomb chapel at #Saqqara this week with @ed_scrivens 🇪🇬🙏 pic.twitter.com/GyIyqkea4x
— Dr Campbell Price (@EgyptMcr) March 19, 2023

#Fish has been an integral part of Egyptian life since ancient Pharaohs.

Here is one engraved in the wall of a grave belong to the 5th family from the old kingdom ❤️ pic.twitter.com/iFcoeFLvIh
— Nervana Mahmoud (@Nervana_1) March 19, 2023

Posted in Diary of Aak, Egypt | Tagged Cyprus, Egypt, Journalist syndicate, Libya, Time magazine, Toshka, Turkey, Turkish FM | Leave a comment

This Week in Egypt: Week 10-2023 ( March 6-12)

Posted on March 12, 2023 by nervana111

Top Headlines

Egypt’s annual inflation soars to 31.9 % in February
Egypt’s pound has weakened more than 6% against the US dollar on the black market
US Defense Secretary Lloyd Austin and Egyptian President al-Sisi reaffirmed their countries’ close military ties
Egyptian Presidency: Saudi-Iranian deal is an important step to remove points of tension in the region
Egypt withdraws from UN grain treaty prompting sadness and concern
German, UAE, Egypt consortium signs $34 billion Hydrogen deal with Mauritania
Egypt eases citizenship terms for foreigners
Archaeologists in Egypt unearth Sphinx-like Roman-era statue

Main Headlines

Monday

Egypt’s pound has weakened more than 6% against the US dollar on the black market over the past week as traders bet on another devaluation
Egypt’s non-oil activity contracts for 27th month as prices surge
Archaeologists in Egypt unearthed Sphinx-like Roman era statue

Tuesday

Two killed, 16 injured as train derails in Qalyoub city in Nile Delta
Egypt considers floating further stake in Telecom Egypt
Egypt has no intention of taxing expat salaries, remittances: Minister
Rescue efforts continuing to find 6 missing after river boat sinks in Aswan

Wednesday

US Defense Secretary Lloyd Austin and Egyptian President al-Sisi reaffirmed their countries’ close military ties
German, UAE, Egypt consortium signs $34 billion Hydrogen deal with Mauritania

Thursday

Egypt’s annual urban consumer inflation rate in February leapt to a higher-than-expected 31.9%
Egypt comes almost full circle in winning back and then losing the confidence of bond investors just over two months after sealing a deal with the IMF
Egypt eases citizenship terms for foreigners
Energean confirms delivery of first gas development in Egypt

Friday

Egypt highlights dangers of work on Grand Ethiopian Renaissance Dam
Egypt central bank seeks advisor for United Bank sale
US organization urges Egypt to release hunger-striking poet

Saturday

Saudi-Iranian deal is an ‘important step’ to remove points of tension in the region: Egyptian presidency
Egypt withdraws from UN grain treaty prompting sadness and concern
China Energy to build $5.1bn green hydrogen plant in Egypt

Sunday

Greek court sentences Egyptian man to 280 years in prison for ‘trafficking in migrants’
Egypt looks to begin offering of military firms this week

Reports

Egypt seeks to attract Islamic investors with debut sukuk, EGX Sharia index
Readout of Secretary of Defense Lloyd J. Austin III’s Meetings with Egyptian President Al-Sissi

From Twitter

The U.S.-Egypt defense partnership is an essential pillar of our commitment to this region. I’m here to strengthen our coordination on key issues and to pursue opportunities to deepen our long-standing bilateral partnership with Egypt. pic.twitter.com/BCRtammA0d
— Secretary of Defense Lloyd J. Austin III (@SecDef) March 8, 2023

Pleased to visit @PresidentAlSisi and Minister of Defense Zaki in Cairo. The U.S. partnership with Egypt is strong and it demonstrates our shared commitment to regional security and stability. @USEmbassyCairo pic.twitter.com/zmYNODQYJI
— Secretary of Defense Lloyd J. Austin III (@SecDef) March 8, 2023

And just to add what’s astonishing about China in the Middle East is that it has quietly cemented its ties with nearly every single country separately and in accordance with divergent needs from Egypt and Syria to Iran and Saudi. Unique foreign policy. https://t.co/bCCPy0IivI
— Ahmed Maher (@amaherYAH) March 10, 2023

Egypt is losing investors' confidence just months after sealing an IMF deal, stoking default fears and devaluation bets https://t.co/GbfOQ1nThq pic.twitter.com/rpsTLr2xSp
— Bloomberg Middle East (@middleeast) March 9, 2023

Egypt's New Delta Artificial River which extends for about 170km long

The Project is one of three main water resources of the New Delta agriculture development project aimed at reclaiming & planting over 2.8 million feddans in the western desert. pic.twitter.com/g0WN1bAZIO
— Mahmoud Gamal (@mahmouedgamal44) March 7, 2023

This afternoon, we met HE Dr Mohamed Maait, Minister of Finance.

On the 🇪🇬, the appetite is there for the private sector to drive and deliver more projects.

On the 🇬🇧 side, our companies are ready to invest.
— Gareth Bayley, British Amb to Egypt 🇬🇧🇪🇬 (@GarethBayleyUK) March 6, 2023

2/ the Museum is also updating the lighting. The Old and Middle Kingdom galleries are now spectacularly well lit. These reliefs of Sahure were almost invisible before3 pic.twitter.com/rg0gwwTflD
— Dr. Peter J Brand (@PeterBrandEgypt) March 6, 2023

#Temraza fashion house #Egypt pic.twitter.com/wBfyQzMVYQ
— Chiara Cavalieri (@Lucrezi41463060) March 6, 2023

Plus

Egypt ranks 3rd most physically attractive Arab nation

Posted in Diary of Aak, Egypt | Tagged Cgina, Egypt, Egypt's inflation, Egyptian pound, Grain treaty | Leave a comment

This Week in Egypt: Week 9-2023 ( Feb 27- March 5)

Posted on March 5, 2023 by nervana111

Top Headlines

4,500-year-old chamber discovered inside Great Pyramid in Egypt
Egypt’s FM Shoukry visits Syria, Turkey in renewed earthquake diplomacy
Pentagon chief Lloyd Austin to visit Israel, Jordan, and Egypt
Egypt’s net foreign assets decline by $1.7 billion in January, but rose slightly in February.
Egypt increases fuel prices for various octanes by EGP 0.75 to EGP 1 per litre

Main Headlines

Monday

Egyptian FM visits Syria for the first time since 2011
Egypt’s MPs demand Syria regain its seat in the Arab League
Egypt’s Sharm El-Sheikh to host upcoming round of Palestinian-Israeli talks

Tuesday

Egypt’s net foreign assets decline by $1.7 billion in January
Egyptian FM Shoukry to participate in G20 meetings in India
Egypt’s President Sisi to receive Hungarian PM Orban in Cairo

Wednesday

Egypt Looks to reset clocks to save energy and revive economy
Reporters from independent Egyptian news outlet are referred to trial

Thursday

Pentagon chief Lloyd Austin to visit Israel, Jordan, and Egypt
Egypt raises minimum wage for government employees to EGP 3,500 & pensions by 15% as of 1 April
Egypt increases fuel prices for various octanes by EGP 0.75 to EGP 1 per litre
Egypt sends more relief aid to quake-hit Syria and Turkey

Friday

4,500-year-old chamber discovered inside Great Pyramid in Egypt
Saudi FM meets with Egyptian counterpart on the sidelines of a G20 meeting
Egypt condemned on Friday an Israeli minister’s call to “wipe out” the Palestinian village of Huwara

Saturday

Germany is keen to import more LNG from Egypt: Ambassador Hartmann

Sunday

Egypt’s President Sisi has met with Iraq’s prime minister in Cairo as the two countries seek to deepen their ties
Egypt’s net foreign reserves rise to $34.4 billion in February
Egypt sentences 14, including activists on terrorism charges
Authorities in Egypt have detained 29 people who are accused of running online cryptocurrency scam

Reports/Read

Egypt’s FM Shoukry visits Syria, Turkey in renewed earthquake diplomacy. Al-Monitor
How deep are Egypt’s economic troubles? Reuters
A nuanced neutrality: Egypt is maintaining a balanced position on the Russia-Ukraine conflict. Doaa El-Bey
From Twitter spats to island disputes, Egypt and Saudi Arabia have a bone to pick with each other. Shahira Amin
Not even Egypt’s cheap and cheerful national dish is untouched by the country’s economic turmoil. Mirette Magdy and Michael Gunn
Young doctors are leaving Egypt in droves for better jobs abroad. Heba Farouk Mahfouz

From Twitter

A hidden tunnel has been discovered inside Egypt's Great Pyramid of Giza. Where does it go?

🎧 https://t.co/7E0PHtIu3O pic.twitter.com/VYOCZcNaZa
— BBC World Service (@bbcworldservice) March 4, 2023

#Egypt's Foreign Minister Shoukry in #Turkiye today to oversee arrival of 525 tonnes of #earthquake aid in Mersin.

Said, 'I come with a message of solidarity and support for the friendly Turkish people.'

Now planning meeting between Erdogan and Sisi.#TurkiyeQuakes #Turkey pic.twitter.com/tOOxVNB3Tr
— Andrew Hopkins (@achopkins1) February 27, 2023

FM Shoukry arrives in Adana & meets with Turkish FM @MevlutCavusoglu. FM offers condolences over the victims of earthquake, affirms solidarity of 🇪🇬 leadership, govt & people with 🇹🇷, and asserting continuity of aid for supporting 🇹🇷 and its brotherly people.
@MFATurkiye pic.twitter.com/L1h7c75xot
— Egypt MFA Spokesperson (@MfaEgypt) February 27, 2023

Syrian Foreign minister Dr. Faisal Mikdad receives H. E. Sameh Shoukry Foreign minister of Egypt in Damascus. pic.twitter.com/ki2NuE3iJ9
— Egypt MFA Spokesperson (@MfaEgypt) February 27, 2023

🇪🇬🇹🇷FM Shoukry, along with his Turkish counterpart on helicopter, heading to Mersin port to receive Egypt’s 6th shipment of relief materials as part of the Egyptian efforts to help deal with the consequences of devastating earthquake #Egypt #Mısır #Türkiye #Turkey | #مصر #تركيا pic.twitter.com/2tfmC7SSyd
— Egypt Today Magazine (@EgyptTodayMag) February 27, 2023

Egyptian FM says Egypt's Suez Canal has given priority of passage to cargo ships carrying aid to Turkey following the earthquake. https://t.co/XkQJyRw6Qy
— Mahmoud Gamal (@mahmouedgamal44) February 27, 2023

Gulf allies are playing hardball with Egypt — seeking proof it's making deep economic reforms — before unleashing billions in crucial investment https://t.co/fo8cxIrevo pic.twitter.com/OTnuZWVHtA
— Bloomberg Middle East (@middleeast) February 24, 2023

Egypt's economic turmoil is making its cheap and cheerful national dish, beloved by everyone from street-sweepers to TV chef Gordon Ramsay, more expensive https://t.co/qqDnanZGxo pic.twitter.com/JIcYlHloEA
— Bloomberg Middle East (@middleeast) February 27, 2023

In line with #IMF loan requirements, #Egypt raised fuel prices by around 10%, a move that will likely add to already soaring inflation https://t.co/QYEkFQYpnY
— Eduard Cousin (@EduardCousin) March 2, 2023

Reporters from one of Egypt's last independent media outlets are preparing for what activists criticize as a politically motivated trial.

The international community should be doing more to help, they say. https://t.co/ZPDqVPy4J0
— DW News (@dwnews) March 4, 2023

Governor of #Minya, major general Osama Al-Qadi, ordered demolition of '7 encroachments on agricultural and state land' #Egypt https://t.co/ndmAudPI1u
— Eduard Cousin (@EduardCousin) February 28, 2023

Born in 1862, his early education was in the great Islamic institution, al-Azhar. Eventually he became disillusioned with the restrictive system or rote memorization: "The student at al-Azhar has freedom but it is a limited kind of freedom – it is the freedom of a fish in a tank" pic.twitter.com/NU7bpX45f3
— Raph Cormack (@RaphaelCormack) March 1, 2023

In 1911, he published the book "Where is Humanity" that described his trip to the spirit's home planet where he was shown a way to guide humanity away from the path of greed and materialism. It was intended to be "one drop in the large ocean of world peace." pic.twitter.com/zJvHQyc8LK
— Raph Cormack (@RaphaelCormack) March 1, 2023

In a primary school classroom in Egypt’s Menoufiya city, Zubaida Abd Elaal, 87 years old and a grandmother of 13, has learned how to read and write pic.twitter.com/6ubgt7Jyti
— Reuters (@Reuters) February 26, 2023

WATCH: Egypt reopened the historic mosque of al-Hakim bi-Amr Allah after a $2.8 million renovation that began in 2017 https://t.co/P3UQWNHR39 pic.twitter.com/3x3C7UWnwM
— Reuters (@Reuters) March 5, 2023

Harsh heat wave in Africa & Middle East:
In Egypt 39.5C at Kharga,exceptional 36.2C in the North at Ismailia and El Tor.
In Israel 34.7C at Beer Sheva,34.5C at Tel Aviv AP.

44.2C in Niger,38C in Libya,34C in Jordan,28.4C in Cyprus
Many of these numbers are record for early March pic.twitter.com/c9Iq2O0CXQ
— Extreme Temperatures Around The World (@extremetemps) March 5, 2023

Posted in Uncategorized | Leave a comment

This Week in Egypt: Week 7-2023 ( Feb 13-19)

Posted on February 19, 2023 by nervana111

Due to unforeseen health issue, I could only compile a shorter version of my weekly Egypt’s newsletter. Apology no podcast this week.

Top Headlines

Egypt’s president Sisi praises UAE, seeking to heal gift aid rift
Egypt is expected to maintain high volumes of LNG delivery to Europe
Egyptian woman found dead under rubble in Hatay, Turkey
Egypt says 6 Christian nationals freed from Libya detention
Egypt FM reiterates call to stop foreign interference in Libya’s affairs, withdraw mercenaries

Main Headlines

Monday

Egypt’s president praises UAE, seeking to heal gift aid rift
Egypt managed to confront daunting challenges after 2011: Sisi at WGS 2023

Tuesday

Egypt is expected to maintain high volumes of LNG delivery to Europe: EU energy commissioner
Egypt’s external debt inches down to $155 billion in 1Q FY2022/2023: CBE
Claims that Egypt’s model prison is allegedly rife with abuses by inmates’ families and activists

Wednesday

Egypt releases former anti-graft chief after serving 5 years
Egypt to produce electric cars at alluring price

Thursday

Al-Qaeda’s new leader Egyptian Seif el-Adel has $10 million bounty on his head
Egypt FM affirms need for binding agreement on Ethiopian dam to UN envoy to Horn of Africa
Egypt’s Prime Minister meets Turkish trade delegation for first time in 10 years

Friday

Egypt says 6 Christian nationals freed from detention in Libya
Egyptian FM reiterates call to stop foreign interference in Libya’s affairs, withdraw mercenaries

Saturday

Egyptian woman found dead under rubble in Hatay, Turkey: Foreign ministry
Egypt’s Sisi congratulates Cyprus’s new president on his election

Sunday

Former UN envoy Williams: “ Egypt- Turkey consensus needed to resolve Libya crisis”

Reports

These five key areas may point to Egypt’s economic future. Mirette Magdy
Egypt’s economic woe spreads across all classes. Heba Saleh

Read

The Muslim Brotherhood’s succession blues https://english.alarabiya.net/views/2023/02/16/The-Muslim-Brotherhood-s-succession-blues- Hany Ghoraba

From Twitter

Silently and without media fanfare

A Huge shipments of Egyptian relief aid are heading to Syria and Turkey. pic.twitter.com/GNM53V4gez
— Mahmoud Gamal (@mahmouedgamal44) February 15, 2023

Welcome to the President of Egypt Abdel Fattah El-Sisi to The World Government Summit in Dubai…honored to have you take part in this event. Egypt is the heart of the Arab world, we will stand by it throughout time. This was the will of our late founding father HH Sheikh Zayed. pic.twitter.com/OWTgSbiSRT
— Hamdan bin Mohammed (@HamdanMohammed) February 13, 2023

HE Abdel Fattah El Sisi: Without the support of the UAE and other #GCC countries Egypt would have never been able to stand again after 2011 #UAE #WGS2023 #Dubai #WGS #WorldGovSummit #Egypt #Syria #القمة_العالمية_للحكومات @WorldGovSummit @AlsisiOfficial @UAEembCairo @DamascusUae pic.twitter.com/IYEVpZmhId
— UAE Forsan (@UAE_Forsan) February 13, 2023

'Egypt is only survivor of chaos that hit Arab world in 2011': President Sisi

Details at https://t.co/z2543BWsLX #Africa #MENA #Egypt #UAE #WGS2023 | #القمة_العالمية_للحكومات #السيسي #مصر #الإمارات pic.twitter.com/c5uGfonHq7
— Egypt Today Magazine (@EgyptTodayMag) February 13, 2023

'Egypt is only survivor of chaos that hit Arab world in 2011': President Sisi

Details at https://t.co/sAhT8U52SO #Africa #MENA #Egypt #UAE #WGS2023 | #القمة_العالمية_للحكومات #السيسي #مصر #الإمارات pic.twitter.com/ncCu2hgLHt
— Egypt Today Magazine (@EgyptTodayMag) February 13, 2023

Pleased to have taken part in the @WorldGovSummit panel; “Shaping Future Governments”, where I underscored the role of private sector in development.#Egypt is not isolated from global challenges, yet it continues to put its people at the core of development efforts. #WGS2023 pic.twitter.com/bqRIZvvevS
— Dr. Hala Elsaid (@halaelsaid) February 14, 2023

Egypt pavilion at #IDEX2023

Models of Products on display:

-Sena 200 IFV
– ESR-32B Primary Radar, P-01 radar for UAVs, counter-drones jamming system, IFF transponder & receiver
– Upgraded Maadi AR
– Upgraded BM-21 'Sakr' MLRS, and 122mm D-30 Wheeled SPH
– Armored Steel Plates pic.twitter.com/2rLi5p1xM8
— Mahmoud Gamal (@mahmouedgamal44) February 19, 2023

#Egypt’s President Sisi wishes new Cypriot President Christodoulides @christodulides success in leading #Cyprus to further progress https://t.co/1zIrbfbBQf
— EastMedMonitor (@EastMedMonitor) February 13, 2023

On 15th February 2015..
ISIS beheaded twenty one Egyptian Coptics in the sea coast of Sirte, Libya.
Shamima Begum left to join ISIS on the 17th February 2015.

Has the BBC mentioned or made programs about my Coptic people ?https://t.co/r2WrSUsHaj https://t.co/r2WrSUsHaj
— Yazzie Edwardo (@EdwardoYazzie) February 15, 2023

Delighted to be in #Alexandria today – a truly special place.

At the Bibliotheca Alexandrina, I had my first meeting with the Director, Professor Ahmed Hegab.

Every time I visit, I’m amazed at this magnificent building in the most historic of all settings.@bibalexOfficial pic.twitter.com/OnWq8A5dUh
— Gareth Bayley, British Amb to Egypt 🇬🇧🇪🇬 (@GarethBayleyUK) February 15, 2023

On the way back to Cairo, I stopped in for a tour of the Vitabiotics factory. It is a brilliant UK company, a great example of UK investment in Alexandria & Egypt, bringing #multivitamins and other innovative products to the Egyptian market. Great to see UK-Egypt trade flourish. pic.twitter.com/QisyCXg2Kt
— Gareth Bayley, British Amb to Egypt 🇬🇧🇪🇬 (@GarethBayleyUK) February 16, 2023

Fantastic to meet with the next generation of Egypt’s parliamentarians from the youth coordination committee.

An inspiring conversation with Mohamed Farid, Ghada Ali, Tarek El-Kholy and Mahmoud Turky.

The future is in good hands.@khouly85 pic.twitter.com/trfAozSL9c
— Gareth Bayley, British Amb to Egypt 🇬🇧🇪🇬 (@GarethBayleyUK) February 19, 2023

It’s an honor to attend a reception at the #Egyptian ambassador’s residence and his wife Mrs Zahran to acknowledge the work of the legendary heart surgeon @DrMagdiYacoub and Egyptian soprano #FatmaSaid pic.twitter.com/YHUJ1uHCOY
— Nadia Bilbassy Charters ناديا البلبيسي (@nadia_bilbassy) February 15, 2023

Love at Cairo Airport ♥ pic.twitter.com/IsvYcInb77
— Georges Fahmi (@GeorgesFahmi) February 19, 2023

At the main foyer of the @bibalexOfficial the statue of Demetrios Falireus, who was an aide to Ptolemy I Soter & advised him to establish an educational and research center in #Alexandria, the Mousion, with a huge library attached to it: the ancient Library of Alexandria https://t.co/IikCmFqur7
— Dimitri-Δημήτρης-ديمتري 🦀 (@DiMiOrganic) February 19, 2023

Posted in Diary of Aak, Egypt | Tagged Copts, Egypt, Libya, LNG, Sisi, Turkey, UAE, WGS 2023 | Leave a comment

This Week in Egypt: Week 6-2023 ( Feb 6-12)

Posted on February 12, 2023 by nervana111

Top Headlines

Egypt’s inflation continues to surge as food prices rise
Moody’s downgrades Egypt’s credit rating from B2 to B3
32 Egyptian state companies’ shares to be sold within a year
Egypt offers condolences, aid to quake-hit Turkiye and, Syria; one Egyptian is dead
Dutch scientist who predicted Turkey earthquake raises fears in Egypt
Egypt’s Sisi seeks to tamp-down media clash with Saudi Arabia
Egypt hold talks seeking to prevent Israeli-Palestinian escalation in Ramadan
Egypt’s population is expected to reach 157 million in 2050

Egyptian aid arrives in Turkey

Main Headlines

Monday

Egypt to send urgent relief aid to Turkey and Syria: Egyptian FM
Egyptian embassies in Syria and Turkey launch hotlines for Egyptians following deadly quake
Egypt to raise fuel prices within days: Source
Egypt’s real GDP growth to slow to 3% in 2023 as higher inflation looms: Fitch Solutions

Tuesday

Sisi reiterates Egypt’s solidarity with Syria in first-ever call with Assad
Sisi phones Erdogan to express condolences after devastating earthquake
Egypt & UN Hold Talks on Libya
The Talgo luxury train makes its first trip across Egypt

Wednesday

32 Egyptian state companies’ shares to be sold within a year
Moody’s downgrades Egypt’s credit rating from B2 to B3

Thursday

Egypt’s inflation continues to surge as food prices rise
Egypt hold talks seeking to prevent Israeli-Palestinian escalation in Ramadan
Egypt in talks to buy wheat, corn from Serbia

Friday

EU Commissioner Kadri Simson to visit Egypt to discuss energy security
Sisi, Mitsotakis reaffirm keenness to boost Egypt-Greece investment, energy cooperation
Dealer fled UK to Egypt after arrest over ‘large scale’ drugs gang UK to Egypt

Saturday

Egypt arrests social-media influencers in deepening crackdown
A building collapses in northern Egypt and killing at least six people
Cairo court places five Muslim Brotherhood figures on terrorism list for 5 years

Sunday

One Egyptian is rescued and two dead in Turkey earthquake
Dutch scientist who predicted Turkey earthquake raises fears in Egypt
President Sheikh Mohamed welcomes Egypt’s President El Sisi to Abu-Dhabi
Egypt’s Sisi will be guest of honor at World Government Summit 2023 in Dubai
Israel’s IDF and police foil NIS 50m. drug smuggling operation near Egypt
Egypt’s population is expected to reach 157 million in 2050

Reports

Egypt’s Sisi seeks to tamp down media clash with Saudi Arabia. Reuters
Egypt’s non-oil sector suffering under high inflation. Al-Monitor

Read

Hizballah Leader provokes friction with Egypt. Hany Ghoraba

From Twitter

A powerful 7.8-magnitude earthquake hit Turkey and Syria on Monday, killing more than 100 people, levelling buildings while many were still asleep, and sending tremors that were felt as far away as the island of Cyprus and Egypthttps://t.co/mS7MIDzGoH pic.twitter.com/TJAslBZ78Q
— AFP News Agency (@AFP) February 6, 2023

#BREAKING: Two Egyptian Air Force military transport aircraft loaded with humanitarian aid have just arrived in Adana airport in Turkey. https://t.co/4RH1LvemUU
— Mahmoud Gamal (@mahmouedgamal44) February 7, 2023

Egypt's President al-Sisi phones the Turkish President Erdogan to extend his condolences over the deadly earthquake that hit the country. https://t.co/4RH1LvdP5m
— Mahmoud Gamal (@mahmouedgamal44) February 7, 2023

#Sisi arrives in #AbuDhabi to meet #binZayed https://t.co/h7Ks3siDbO
— Ahram Online (@ahramonline) February 12, 2023

I was honoured to present a working copy of my credentials to His Excellency Nabil Habashi today. 🇳🇿 and 🇪🇬 have built a strong partnership together over many years and I’m excited about building on that as New Zealand’s first resident female Ambassador to Egypt. pic.twitter.com/ZCJyXgF9s9
— Amy Laurenson 🇳🇿🇪🇬 (@NZinEgypt) February 5, 2023

There is something super special about Aswan … https://t.co/oc2Vp2brqN
— Gareth Bayley, British Amb to Egypt 🇬🇧🇪🇬 (@GarethBayleyUK) February 7, 2023

Missing in Hatay Turkey, Myra Sabongi from Egypt pic.twitter.com/b9R2p60bWp
— Hany Ragy (@Hragy) February 12, 2023

Dr. Bent Flyvbjerg's study of 16,000 megaprojects found that 0.5% are delivered on budget, on time, and with the projected benefits. His advice: think slow, act fast. Egypt's doing the OPPOSITE with its New Administrative Capital. A project DOOMED TO FAIL.https://t.co/krutseS6Ki
— Steve Hanke (@steve_hanke) February 12, 2023

Delighted to learn yousafandi are now available in New Zealand markets thanks to excellent 🇳🇿🇪🇬 trade cooperation! Egypt produces some of the most delicious citrus in the world😋🍊 @DinaSehy @MPI_NZ @CAPQ pic.twitter.com/uZvPWWtWh0
— Amy Laurenson 🇳🇿🇪🇬 (@NZinEgypt) February 8, 2023

Posted in Diary of Aak, Egypt | Tagged Egypt, Egyptian Economy, Saudia arabia, Turkey | Leave a comment

This Week in Egypt: Week 5-2023 ( Jan 30- Feb 5)

Posted on February 6, 2023 by nervana111

Top Headlines

Egyptian pound slides past EGP 30 against USD
Egypt’s central bank leaves key interest rates unchanged
US Blinken says U.S. will keep pressing Egypt on human rights
Egyptian FM holds talks with Lavrov in Russia, a day after meeting Blinken
Egypt is poised to announce detailed plan for state stake sales
In a first, Egypt’s Orthodox Church holds mass for Christians in Saudi Arabia

Main Headlines

Monday

Egyptian pound slides past EGP 30 against USD on Monday
US Blinken says U.S. will keep pressing Egypt on human rights

Tuesday

Egyptian FM holds talks with Lavrov in Russia, a day after meeting Blinken
Collective decline in Egypt’s stock market indexes at closing on Tuesday
In a first, Egypt’s Orthodox Church holds mass for Christians in Saudi Arabia

Wednesday

Egypt is poised to announce detailed plan for state stake sales
Egypt calls for political solution to Ukraine Russia conflict: Shoukry
Egypt, Jordan intelligence chiefs convey message of support for Palestinian cause in a meeting with Abbas

Thursday

Egyptian pound slips further against US dollar to 30.3 on Thursday
Suez Canal achieves highest monthly revenue in its history in January at $802 million

Friday

Egypt’s central bank leaves key interest rates unchanged
Egypt hosts new edition of Arab world’s largest book fair amid economic crisis
Air Arabia Egypt launches new route between Cairo and Jazan in Saudi Arabia

Saturday

Egypt invites Hamas, Islamic Jihad leaders to ease tension with Israel
Egypt denies agreement with Israeli company for Suez Canal
Egypt’s intelligence chief discussed Wagner’s presence in Sudan: Report

Sunday

Egyptian non-oil private sector declines to 2-year low
Egypt and Romania discuss enhancing cooperation in several areas
Egypt’s blue-chip index (.EGX30) inched up 0.1%, bouncing back from four sessions of losses
Cairo and Doha hold first meeting for teams in charge of regional affairs

Reports

Blinken seeks detainee progress, but releases are Egypt’s ‘prerogative’. Elizabeth Hagedorn
Saudi writers’ criticism of Sisi’s economic model prompts Egyptian backlash. Middle East Eye
LGBT people are hunted by gangs and police in Egypt. BBC

From Twitter

#Breaking: Russian FM Lavrov says he has received a "specific message" from his #US counterpart through Egyptian Foreign Minister Sameh Shoukry.

Lavrov added that #Egypt has conveyed a message from the US Secretary of State urging Russia to end the war and leave #Ukraine. https://t.co/0LVQnhfrpC
— Mahmoud Gamal (@mahmouedgamal44) January 31, 2023

Asked why Cairo hasn’t listened to US calls for their release, Blinken tells me: “I can’t answer for you why the government does or does not do certain things. Those are its prerogatives.”
— Elizabeth Hagedorn (@ElizHagedorn) January 30, 2023

Egypt's Foreign Minister will pay an official visit to Moscow, where he will meet with his Russian counterpart Sergey Lavrov, Russuan Minister of Industry and Trade, in addition to the Secretary General of the Russian National Security Council. pic.twitter.com/NaG0fkcpGx
— Mahmoud Gamal (@mahmouedgamal44) January 30, 2023

The relations between #SaudiArabia🇸🇦 and #Egypt🇪🇬 is the strongest bilateral relationship between any two nations.

President @AlsisiOfficial has said it right:
"#Cairo & #Riyadh are the two wings of the national Arab Security" pic.twitter.com/Pqh8YQhiOI
— Salman Al-Ansari (@Salansar1) February 4, 2023

And you say that now because? Did you see Sisi begging MBS for money or dreamt about it? so you decided to sing with the Islamists to flame more fires between the two countries?
Because let me tell you: The black hole is ours, and we don’t want your kind bail out! Thanks
— Nervana Mahmoud (@Nervana_1) February 5, 2023

Palestinian official denies rumors that Mohammed Dahlan visited Ramallah last week together with the heads of the Egyptian and Jordanian intelligence agencies. pic.twitter.com/pmKVfKdizS
— Khaled Abu Toameh (@KhaledAbuToameh) February 4, 2023

#Egypt 👇👇 https://t.co/aH4L6zDmJA
— Nervana Mahmoud (@Nervana_1) January 31, 2023

Egypt devalued the Pound 40% in recent months (blue). This removes one of the bigger overvaluations in EM we've been flagging. We still see big overvaluations in Turkey (pink) and Ukraine (purple). All of these are highly idiosyncratic and NOT systemic for the rest of EM… pic.twitter.com/oYaJQV6XN4
— Robin Brooks (@RobinBrooksIIF) February 1, 2023

Posted in Diary of Aak, Egypt | Tagged Egypt, Egyptian pound, lavrov, Russia, Saudi Arabia | Leave a comment

This Week in Egypt: Week 4-2023 ( Jan 23-29)

Posted on January 29, 2023 by nervana111

Top Headlines

US Secretary of State Antony Blinken arrived in Egypt at the start of a Middle East trip
CIA director visited Egypt, met with President Sisi
Egypt expresses its strong rejection and condemnation of East Jerusalem attack, warns of risks of escalation
Egypt’s Sisi, India’s Modi oversee Indian Republic Day parade featuring Egypt’s Armed Forces
Egypt’s oldest mummy found ‘covered in layers of gold’ following year-long excavation

Sec Blinken in Cairo– photo vis US State Dept

Main Headlines

Monday

Egypt’s Sisi defends mega-projects with economy under strain
Italian FM meets with Egyptian officials on migration, Libya

Egyptian lawyers end strike after colleagues are released
Egypt extends route of Giza-Aswan high-speed electric train to Abu-Simbel

Tuesday

CIA director visited Egypt after Libya and Ukraine, meets Sisi
Egyptian zoo overhaul renovation plan raises animal welfare fears

Wednesday

Former referee Mark Clattenburg FLEES Egypt over safety concerns
Egyptians are offered loans to buy books as inflation soars

Thursday

Egypt’s Sisi and India’s Modi oversee Indian Republic Day parade featuring Egypt’s Armed Forces
Cairo and New Delhi to elevate bilateral relations to strategic relationship
Egypt’s religious body calls for boycott over Quran burnings

Friday

Complete Roman city is uncovered in Egypt’s Luxor
Egypt receives 63,000 tons of Russian wheat at Safaga port
Indian firms express ‘huge interest’ in investing in Egypt clean energy & infrastructure projects
Egypt expresses ‘full solidarity’ with Azerbaijan after attack on its embassy in Tehran

Saturday

Egypt expresses its strong rejection and condemnation of East Jerusalem attack, warns of risks of escalation, but called for maximum restraint
Egypt’s oldest mummy found ‘covered in layers of gold’ following year-long excavation
Egypt Inaugurates Bio-Generic Pharma factory to produce mRNA vaccines, biologics

Sunday

US Secretary of State Antony Blinken arrived in Egypt at the start of a Middle East trip
US stands with Egypt, its people in their pursuit of prosperous future: State department
President Sisi underscores special Egypt-Armenia ties in historic first visit to the country
Egypt, Azerbaijan leaders discuss boosting bilateral relations in Baku

Report/ Read

A crisis of confidence in Egypt: : After a decade of deficits, the government is running out of options. The Economist
To save Egypt’s economy, get the army out of it. The Economist.
In Egypt, economic heat of Russia’s war in Ukraine is only getting worse. Amr Emam
Laughing the pain away: How Egyptians talk about the economic crisis in memes. Zeinab El-Gundy
US State Department statement on US-Egypt relationship
Faiyum Oasis: The heart-shaped hidden garden of Egypt. Robbie Mitchell

From Twitter

Thank you @USEmbassyCairo for your dedication and service to the American people and the U.S.-Egypt relationship. Wonderful to see the team and see their hard work first-hand. pic.twitter.com/2DoFHdYSqW
— Secretary Antony Blinken (@SecBlinken) January 29, 2023

Enjoyed hearing from these young Egyptian leaders who are promoting our shared values and strengthening our important bilateral relationship—this makes me optimistic about our future. pic.twitter.com/oP8sBx6pzu
— Secretary Antony Blinken (@SecBlinken) January 29, 2023

Egypt looks like it is returning to be a key partner of the US and as it plays a role in Israel’s ties with the Gulf, these will potentially add up to more stability in the region.

Analysis by @sfrantzman | #Egypt | #Israel | #MiddleEast https://t.co/j5yLPxex4a
— The Jerusalem Post (@Jerusalem_Post) January 29, 2023

Delighted to welcome President Abdel Fattah el-Sisi and hold talks with him to boost cooperation between India and Egypt. @AlsisiOfficial pic.twitter.com/BG9AnVWSuO
— Narendra Modi (@narendramodi) January 25, 2023

Egypt's President Al-Sisi, General Intelligence Chief Abbas Kamel meet the CIA Director William J. Burns. pic.twitter.com/Wfp3vwgw3H
— Mahmoud Gamal (@mahmouedgamal44) January 23, 2023

An Egyptian army contingent particpating in India's Republic day military parade for the first time ever, in presence of Egypt's President al-Sisi. pic.twitter.com/oSC0d9DN1a
— Mahmoud Gamal (@mahmouedgamal44) January 26, 2023

Watch: #Egypt’s President Abdel Fattah el-Sisi joins #India’s President Droupadi Murmu and Prime Minister Narendra Modi as the guest of honor to mark India's 74th Republic Day with a colorful parade and military show.#RepublicDay2023 https://t.co/ZzmcQFQy0O pic.twitter.com/aiYFfrLBsc
— Al Arabiya English (@AlArabiya_Eng) January 26, 2023

Egypt's Giza Zoo was a symbol of modernity when it was founded in 1851.

It's now in desperate need of an update, with experts saying its practices are rooted in the 1950s.

But plans to overhaul it have raised concerns among animal welfare groups.

More: https://t.co/2SBPoHtvGP pic.twitter.com/QgVuiv4kdj
— BBC News Africa (@BBCAfrica) January 24, 2023

Video for #Egyptian🇪🇬 military contingent practicing for #India🇮🇳 Republic Day parade.
Egypt participation in 🇮🇳Republic Day are receiving wide interest from 🇮🇳, due to the agreements that will result in various fields, which will deepen the 🇪🇬-🇮🇳 relations & mutual interests. pic.twitter.com/gADwXKI5eq
— Waleed Sami (@Willy_Egy) January 24, 2023

Egypt can learn a lot from Greece.

Populism (and Islamism) will hamper Egypt’s economic reforms. @AlsisiOfficial https://t.co/w5txqHIgvU
— Nervana Mahmoud (@Nervana_1) January 23, 2023

One added, 'because of the religion', but it's not clear to me whether Christian Egyptians could enter or not. The police guards were quite friendly and apologetic about it. "Orders from high up," they excused themselves #Egypt #Alexandria
— Eduard Cousin (@EduardCousin) January 25, 2023

So much for tolerance for Egyptians themselves to visit, admire and connect with their Jewish heritage. "Second class citizen in your own country," my Egyptian friend remarked #Egypt
— Eduard Cousin (@EduardCousin) January 25, 2023

So, after all the money spent on renovation, in the end it's just a show for tourists, not a celebration of Egyptian Jewish heritage, as it is carefully shielded from the Egyptians population, and the Egyptian reality if I may
— Eduard Cousin (@EduardCousin) January 25, 2023

Why #Taliban banned girl education?
The answer is in the poem of legendary Egyptian poet Ahmed Shawqi

“If women grew-up in illiteracy, they will feed men ignorance and apathy”

That’s what Taliban wants— a nation of ignorants they can rule.#Afghanistan @BBCYaldaHakim pic.twitter.com/a8RmwyjYVh
— Nervana Mahmoud (@Nervana_1) January 23, 2023

Sami Sharaf— the ugly face of #Nasser era has died.

Hard to find anything good about his legacy!#Egypt https://t.co/pYCQ9FuAkh
— Nervana Mahmoud (@Nervana_1) January 24, 2023

Siwa Oasis, Egypt. The 95% salt concentration increases the density of water and buoyancy, making it so you can't sink.pic.twitter.com/9f6M3vhi4P
— Fascinating (@fasc1nate) January 29, 2023

Posted in Diary of Aak, Egypt | Tagged Armenia, Egypt, Egypt's economy, India, Sec Blinken, Sisi | Leave a comment

This Week in Egypt: Week 3-2023 ( Jan 16-22)

Posted on January 22, 2023 by nervana111

Top Headlines

Egypt vows to cut military’s outsized role in economy under IMF bailout
Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation, Fitch Ratings says
Businessman Safwan Thabet, who faced accusations of funding “terrorist entities”, was released from prison
UAE hosted Gulf leaders including Qatar’s along with Egypt and Jordan
Leaders of Egypt, Jordan and the Palestinians deliver a warning to Israel
Egypt’s Sisi instructs building large inclusive mosques across Egypt to spread ‘true religion’

Safwan Thabet, right, is the founder of Juhayna Food Industries. His son Seif el-Din Thabet, left, is the company’s chief executive © Image supplied by friends of the family via FT

My weekly Egypt’s podcast

Main Headlines

Monday

Foreign investors pour $925 million into Egypt since last week’s devaluation
Leaders of Egypt, Jordan and the Palestinians deliver a warning to Israel

Tuesday

Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation, Fitch Rating says
Egypt to roll out program for cheaper bread price as inflation worsens

Wednesday

Sisi arrives in UAE for Abu-Dhabi summit
- UAE hosts Gulf leaders including Qatar’s along with Egypt and Jordan
Sisi pardons inmates on occasion of January 25 Revolution and Police Day

Thursday

Egypt’s Sisi promotes three army commanders to Lieutenant General
President Sisi: Egypt will overcome hard circumstances
Egypt cabinet grants train catering management rights to private company owned by business tycoon Naguib Sawiris
Sudan’s main pro-democracy group declines Egypt’s mediation offer

Friday

Emerging-market investors are preparing to creep back into Egypt’s local debt market, enticed by a cheaper pound and record yields when compared with peers
Egyptian lawyers strike to protest the imprisonment of six colleagues
Egypt court reduces sentences against businessman, former MP for antiquity trafficking

Saturday

Founder of Egypt’s Juhayna Food Industries and his son, who faced accusations of financing terrorist entities , are released from prison
Egypt’s Sisi instructs building large inclusive mosques across Egypt to spread ‘true religion’

Sunday

Egypt responds to Hassan Nasrallah’s remarks on economic situation
Egypt is drafting legislation to regulate social media platforms
Cairo court sentences six to death over terror charges
Chief diplomats boycott Libya-hosted Arab League meeting

Reports/ Read

How Cairo cracked down on one of Egypt’s leading businessmen. Andrew England
Egypt’s soaring prices drive home economic pain. Mariam Rizk
Egypt’s deepening economic crisis. FT
Egypt vows to cut military’s outsized role in economy under IMF bailout. Andrew England
Is Egypt the “new Lebanon”? Cathrin Schaer

From Twitter

"It is often assumed that #Egypt is too important to fail [..]. But the reality is with an estimated 60mn people living below or just above the poverty line and getting poorer, the state is already failing its citizens" @FT editorial board writeshttps://t.co/XlAnRBwTgv
— Eduard Cousin (@EduardCousin) January 17, 2023

A transaction I heard of:

USD from the black market: 33.5 EGP

Official: 29.7-30 EGP

Gap narrowing. #Egypt
— The Big Pharaoh (@TheBigPharaoh) January 16, 2023

In this week's Hanke's #CurrencyWatchlist, #Egypt takes the 6th spot. Contrary to IMF speak, countries can't devalue their way to prosperity. The Egyptian pound has depreciated against the USD by 46.6% since Jan 2022. pic.twitter.com/CEcmD0hzJt
— Steve Hanke (@steve_hanke) January 20, 2023

President Abdel Fatah al-Sisi holds meeting with Palestinian counterpart Mahmoud Abbas and King Abdullah of Jordan in Cairo’s Al Itihadiyah Presidential Palace#Egypt #Palestine #Jordan | #مصر #فلسطين #الاردن pic.twitter.com/c0mvR7kKni
— Egypt Today Magazine (@EgyptTodayMag) January 17, 2023

I was pleased to host my brothers, leaders of the GCC, Jordan and Egypt, in their second home, the UAE. We remain committed to strengthening and deepening our bonds of cooperation across all fields, to achieve further development, prosperity and stability for our region. pic.twitter.com/iUiv1xG1xE
— محمد بن زايد (@MohamedBinZayed) January 18, 2023

President HH Sheikh Mohamed bin Zayed Al Nahyan receives HE President Abdel Fattah El Sisi of Egypt at Presidential Flight in Abu Dhabi #UAE #Egypt #AbuDhabi @MohamedBinZayed @AlsisiOfficial @UAEembCairo pic.twitter.com/NJWajQkFh1
— UAE Forsan (@UAE_Forsan) January 18, 2023

In Abu Dhabi 🇦🇪 … the capital of diplomatic power. pic.twitter.com/5v6LqB59Qm
— حسن سجواني 🇦🇪 Hassan Sajwani (@HSajwanization) January 18, 2023

Egypt's President al-Sisi will pay an official visit to New Delhi next week, as India invited him to be a chief guest at the Indian Republic Day Celebrations.

Egypt will also dispatch a 180-member military contingent to take part in the R-day celebrations in New Delhi. 🇪🇬🇮🇳 pic.twitter.com/75csODTEmX
— Mahmoud Gamal (@mahmouedgamal44) January 20, 2023

Libyan FM Fathi Bashagha: We thank brotherly Arab & Islamic countries, headed by Egypt, Saudi Arabia, UAE, General Secretariat of Arab League, for refusal to participate in "the play" that outgoing Government tried to market to claim it is internationally recognized government. pic.twitter.com/LJ9H6sAaGk
— The Libya Update (@TheLibyaUpdate) January 22, 2023

How Cairo Stadium looks like during the most important derby in Egypt. The security establishment allows only very few fans to go the stadiums, the regime is still afraid of any congregation. https://t.co/mE4WC1Mn4c
— The Big Pharaoh (@TheBigPharaoh) January 21, 2023

FM Qin visited the Egyptian Museum to appreciate the splendor of ancient Egyptian civilization. China and Egypt are two great civilizations and closer #China–#Egypt relations will surely make greater contributions to the world's peace and development. pic.twitter.com/yEtrF8Is0d
— Hua Chunying 华春莹 (@SpokespersonCHN) January 16, 2023

Egypt's largest train station is to open later this year in Giza. Check out the construction progress! #Egypt 🇪🇬 pic.twitter.com/TvYZjfqMdt
— Nigel J.Hetherington CEO (@Pastpreservers) January 21, 2023

The cost of an entry visa to Egypt is just $25 and hasn't changed in years. Surely a simple way to help increase the country's foreign currency reserves would be to raise this cost? $25 is nothing compared to what other countries charge.
— Mohamed Khairat (@khairatmk) January 19, 2023

Just can’t get enough of these Spur-winged plovers at the moment! They live and breed along the #Nile delta, but seem to prefer spending most of their time chilling by the pool! With a backdrop of the Valley of the Kings, #Egypt certainly is unique. What beautiful birds 🇪🇬 pic.twitter.com/UxenhLOquP
— Joel Ashton (@_JoelAshton) January 20, 2023

Nuweiba’s Hidden Gem .. Wadi al-Weshwashy – South Sinai Egypt #Egypt #Sinai #تصويري pic.twitter.com/Trtk8EuFcQ
— Sam Ibrahim (@SamIbrahim0) January 21, 2023

Nervana Mahmoud

Posted in Diary of Aak, Egypt | Tagged AbuDhabi summit, Egypt, Egyptian Economy, Fitch, Safwan Thabet, Sisi | Leave a comment

This week in Egypt: Week 2-2023 ( Jan 9-15)

Posted on January 15, 2023 by nervana111

Top Headlines

Eni, Chevron announce new gas discovery in Egyptian East Med field
Egyptian pound hits new low against US dollar
IMF: Egypt aims to bridge financing gap by selling state-owned assets
Negev Forum convenes in UAE with Jordan absent from Arab-Israeli meeting
Egypt says ancient royal tomb unearthed in Luxor
Rounding off Africa tour, China’s top diplomat visits Egypt

Podcast summery

Main Headlines

Monday

Cargo ship went aground was refloated in Egypt’s Suez Canal
Egyptian pound hits new low against US dollar
Cairo sees Israel as being led by ‘2 governments,’ Egypt official reportedly says
Negev Forum convenes in UAE with Jordan absent from Arab-Israeli meeting

Tuesday

Egypt to receive the second tranche of IMF’s $3 bln loan by end of March, says Mission head
Inflation in Egypt continues to skyrocket, leaving citizens struggling to buy basics

Wednesday

Egyptian pound‘s losses against USD reach 100% since March
Three men try to steal 10-ton ancient statue of Ramesses II in Egypt with crane
Egypt released $1.5 billion worth of stranded imports since 1 Jan

Thursday

Saudi Arabia urges Ethiopia to act responsibly to reach GERD deal with Egypt, Sudan
Sharm El-Sheikh is hosting Indian destination wedding this month
Egyptian Centre for Women’s Rights files complaint against TV anchor for promoting violence against women

Friday

Dollars flow into Egypt currency market after depreciation -bankers
Saudi Arabia, Egypt urge Tehran to avoid interference in the affairs of regional countries
Pharaoh Ramses II’s sarcophagus is in Paris for a rare loan

Saturday

Egypt invites Elon Musk to visit after tweet
Royal tomb from Thutmosid period discovered on Luxor’s West Bank
Egypt’s exports rise by 23% year-on-year in first 10 months of 2022: CAPMAS

Sunday

Eni and Chevron announce new gas discovery in Egyptian East Med field
Egypt sentences 38 people to life in prison over 2019 protests
Rounding off Africa tour, China’s top diplomat visits Egypt
Egypt aims to bridge financing gap by by selling state-owned assets: IMF
Egypt to launch initiative to support industry, agriculture with 11% interest rate loans

Reports

Egypt’s currency drop barely closes gap with black market rate. Netty Idayu Ismail
Factbox: All you need to know about Egypt’s commitments, targets under new IMF programme. Doaa Moneim
IMF’s press release and staff report on Egypt
Egypt, facing economic crunch, restricts non-essential travel for government. Al-Monitor
In Egypt, massive funding for new mosques is questioned amid economic crisis. Al-Monitor
How Britons can swap miserable weather for a month-long sunshine holiday in Egypt for (almost) the same cost as living at home Daily Mail

Read

Egypt: Integrating the informal economy Gamal Essam El-Din

From Twitter

#Breaking: Eni announces a new natural gas discovery at Narges exploration well in Eastern Mediterranean offshore Egypt, with an estimated gas reserves of 3.5 trillion cubic feet. pic.twitter.com/ThVMJj0C4S
— Mahmoud Gamal (@mahmouedgamal44) January 15, 2023

Egypt has discovered a royal tomb dating back some 3,400 years. This means it could belong to the same dynasty as the boy king Tutankhamun.
https://t.co/Oo88YBIMqn
— DW News (@dwnews) January 14, 2023

Ancient Egypt was 🔥🔥
— Elon Musk (@elonmusk) January 12, 2023

.@elonmusk you bet! Come join us unravel more untold stories about #AncientEgypt at the Grand Egyptian Museum #GEM with the full & never-before-seen collection of king Tutankhamun…It’s an unparalleled experience & #Egypt welcomes you 🇪🇬. https://t.co/sFYLs2CMrE
— Rania A. Al Mashat (@RaniaAlMashat) January 13, 2023

After a few months, the rate of inflation will fall and interest rates can follow suit, helping govt finances. It’s a very tough lesson, not least for decision-makers, and very painful for most people & business. Twitter not best forum for views. Email for commentary & context.
— Angus Blair (@AngusBlair1) January 11, 2023

Egypt’s Gulf allies need to deliver on billions of dollars of investment pledges on schedule to ensure the North African country covers its external funding gap, the IMF says https://t.co/PuWujJklxc
— Bloomberg Middle East (@middleeast) January 11, 2023

Inflation in Egypt is more than Ukraine, a country in war. https://t.co/cQxNgaILjg
— The Big Pharaoh (@TheBigPharaoh) January 15, 2023

Last December, the IMF said that Egypt's IMF program included policies aimed at reducing inflation in Egypt. How is that working? Like many IMF programs: NOT WELL. Today, I measure inflation in Egypt at a punishing 88%/yr. pic.twitter.com/6l9ZH2LFTH
— Steve Hanke (@steve_hanke) January 11, 2023

In a Reaction Shot for Diwan, @SayighYezid examines the recent IMF deal with #Egypt, in which, for the first time, Egypt's government agreed to include the country's military companies in the mix. That said, Sayigh wonders if it is all too good to be true: https://t.co/sid1tR9qkP
— Michael Young (@BeirutCalling) January 12, 2023

BREAKING: Suez Canal Authority says cargo ship that went aground in Egyptian waterway has been refloated.https://t.co/rHDdbNZSjS
— The Associated Press (@AP) January 9, 2023

#IMF expects #Egypt's GDP to reach 5.3% in FY2024, 5.7% in FY2025, 5.9% in FYs 2026 and 2027, and 6% in FY2028 pic.twitter.com/v54X5qHFor
— Daily News Egypt (@DailyNewsEgypt) January 10, 2023

Italy submits a proposal to Egypt to work on a joint $2.8 billion direct electricity interconnection project between the two countries with a capacity of 2.5-3 GW.

Worth noting that Egypt & Greece are working on a joint 2GW power grid linkage project worth more than $3 billion. pic.twitter.com/xKVUVIaovo
— Mahmoud Gamal (@mahmouedgamal44) January 9, 2023

Egypt has already an electricity surplus of 25GW, most of it were added to the national grid via three 14GW combined-cycle power plants. However, due to Egypt's current need to export more natural gas, it has shifted to add new electricity generation capacity of renewable energy. pic.twitter.com/8UY9pnjSOw
— Mahmoud Gamal (@mahmouedgamal44) January 9, 2023

MENA military rankings by Global Firepower
1. Turkey
2. Egypt
3. Iran
4. Israel
5. Saudi Arabia
6. Algeria
7. Iraq
8. UAE
9. Morocco
10. Syria
11. Qatar
12. Tunisia
13. Yemen
14. Sudan
15. Oman
16. Kuwait
17. Bahrain
18. Libya
19. Jordan
20. Lebanonhttps://t.co/S20qwYLDMv
— Joyce Karam (@Joyce_Karam) January 12, 2023

Abdi welcomes Egypt, Saudi Arabia stances regarding Turkish threats https://t.co/qf90c4Aqne
— Mutlu Civiroglu (@mutludc) January 15, 2023

Ancient Egypt was 🔥🔥
— Elon Musk (@elonmusk) January 12, 2023

Watch: An Egyptian man, who beheaded his wife then sent a selfie he took with her severed head to her parents, refuses to turn himself in before speaking to journalists to explain "his situation."#Egypt https://t.co/JQYrkiWBhP pic.twitter.com/89hTnMs6Wq
— Al Arabiya English (@AlArabiya_Eng) January 10, 2023

#Egypt before Islamism…when rural dress code was sexy pic.twitter.com/ysdS93a1rF
— Nervana Mahmoud (@Nervana_1) January 9, 2023

Visiting the Grand Egyptian Museum today. I couldn’t take pics on the left; several huge staircases full of ancient statues, but the whole building is stunning. It will be a must-visit for every visitor to Egypt and a global attraction. #tourism #ancientEgypt #Egypt pic.twitter.com/vy7GPKfEfQ
— Angus Blair (@AngusBlair1) January 13, 2023

Cairo by night pic.twitter.com/ocv1uJi9u1
— Georges Fahmi (@GeorgesFahmi) January 11, 2023

Maimonides passed away on this day in 1204 in Cairo, Egypt 🇪🇬. His monumental works have had a lasting impact on Jewish thought and practice. He continues to inspire us, especially at our Jewish communities here in the region 🇦🇪 🇸🇦 🇮🇱 🇧🇭 🇲🇦. https://t.co/rGOWH9gcxI
— Avi Kaner ابراهيم אבי (@AviKaner) January 14, 2023

14 January is the traditional date for the informal medieval French Catholic feast known as the "Fête de l'âne" (Feast of the Ass or Festum Asinorum) celebrating the Holy Family's Flight into Egypt. pic.twitter.com/Wxz2fj4uWH
— Alberto Miguel Fernandez (@AlbertoMiguelF5) January 14, 2023

Nervana Mahmoud

Posted in Diary of Aak, Egypt | Tagged Egypt, Egyptian pound, Eni, Gas, IMF | Leave a comment

This Week in Egypt: Week 1-2023 ( Jan 2-8)

Posted on January 8, 2023 by nervana111

Top Headlines

Egyptian pound sinks to new low in biggest fall since October devaluation
Egypt’s Sisi wished Egyptians merry Christmas, attended Christmas mass
Israel ties with Egypt is strained by recent Israeli moves, hindering prisoner swap talks
Egypt presented a new platform for dialogue between parties in Sudan
A looted ancient Egyptian sarcophagus, Green Coffin, that was on display at a US museum has been returned to Egypt
Egypt buys 12 Chinook helos from Boeing

Main Headlines

Monday

Looted ancient sarcophagus, “Green Coffin” is returned to Egypt from United States
Egypt’s Suez Canal sings MoU with the American Bureau of Shipping to boost green transformation
Egyptian court sentences cart driver to 1 year in jail for brutally beating his horse

Tuesday

Egypt buys 12 Chinook helos from Boeing
Egypt’s international reserves inches up to the highest level in 7 months

Wednesday

Egyptian pound crashes to record low against US dollar
Egyptian business reduce output and cut jobs as they grapple with the impact of a dramatic currency devaluation that helped authorities secure an IMF deal
Egyptian stock market sees record trading despite 25% bank certificates
Attracting foreign investment is Egypt’s top priority, says PM

Thursday

Egypt’s oil and gas sector is growing despite economic crisis
Egypt presented a new platform for dialogue between parties in Sudan
Egypt needs EGP70 trillion to achieve aspirations of Egyptians for development: Egypt’s Sisi
Two Libyan leaders hold talks in Egypt; affirm to announce peace road map soon

Friday

Egypt’s Sisi greeted the Egyptian people on Christmas
Report: Hamas rejects Egypt-brokered prisoner exchange deal

Saturday

Egypt ‘s Sisi attended Christmas mass at the Cathedral of the Nativity of Christ in the New Administrative Capital
Egypt welcomes outcomes of Libyan leaders’ Cairo meeting as important step toward elections
Egypt arrests a man who urged couples to wed soon to avoid marriage fees
Egypt-EU cooperation on migration worth 111 million euros: Berger

Sunday

Egypt and Greece mull naming international consultant for joint power linkage project
Report says Netanyahu promised Egypt’s Sisi he’d stop Ben Gvir’s Temple Mount visit, then reneged
Record-high number of doctors resign from Egypt’s public health sector in 2022: Syndicate

Reports

Archaeologists didn’t dig up a mythological tomb of Osiris. Ali Swenson
How Egyptians face a food crisis: With creativity … and half a loaf. Taylor luck
Arabs celebrate Umm Kulthum pick on Rolling Stone’s 200 greatest singers Adam Lucente
Good vibes in Sharm e-Sheikh for Israelis touring Egypt. Brian Blum

From Twitter

Head of #Egypt’s General Intelligence Service (GIS) Abbas Kamel arrives in Khartoum and meets with General Abdel Fattah Al Burhan, Chairperson of the Transitional Sovereignty Council of #Sudan pic.twitter.com/luK8zsBnq4
— Daily News Egypt (@DailyNewsEgypt) January 2, 2023

There is currently a gold rush in Egypt as its currency collapses

Gold is at record highs

The local gold market is now disorientated, with some merchants suspending buying and selling operations until the market stabilizes

This is what happens when you have a currency crisis
— Gold Telegraph ⚡ (@GoldTelegraph_) January 5, 2023

After a dip last week due to the state’s efforts to secure supplies for the market, prices for wheat & other commodities rose again this week, as the ongoing dollar shortage hampers the release of backlogged goods from ports and the market braces for further currency devaluation
— Mada Masr مدى مصر (@MadaMasr) January 5, 2023

Yesterday, the Taliban's Siraj al-Din al-Haqqani met with a delegation of religious scholars from Egypt, Sudan, and Palestine. In the meeting, the scholars "praised the triumph of the jihadi struggle and called it an amazing victory." pic.twitter.com/dYsOsCTc46
— Aaron Y. Zelin (@azelin) January 7, 2023

The #Cairo meeting between Agilah Saleh & Khalid al-Mishri failed to produce tangible progress or results. This was just another maneuver by the two men in an attempt to appear to be doing something with aim of circumventing any tracks/initiatives that could sideline them. #Libya
— Mohamed Eljarh (@Eljarh) January 5, 2023

#Egypt, #Greece mull naming international consultancy firm that will conduct the technical and economic feasibility study of the electricity interconnection between the two countries.https://t.co/NxuE7Pk7DH
— Emerson (@EEmerson14) January 8, 2023

ICYMI: Egypt’s first international birdwatching festival attracted nearly 200 wildlife enthusiasts and photographers pic.twitter.com/IpsAsbwGVt
— Reuters (@Reuters) January 2, 2023

Egypt is the only African country on Pornhub's Top 20 Countries by Traffic list for 2022. The country is ranked no. 18. pic.twitter.com/l8HXT3k2wd
— Africa Facts Zone (@AfricaFactsZone) January 2, 2023

I don’t know whether I should be proud of the progressiveness of ancient #Egypt, or be sad by the current creeping regressiveness in my native country? pic.twitter.com/hF9AbwlEWg
— Nervana Mahmoud (@Nervana_1) January 8, 2023

Wow…#Egypt’s legendary Umm Kulthum ranked 61 on the @RollingStone’s 200 greatest singers EVER
💃💃❤️❤️🎵🎵

She is an acquired taste to non-Arabic listeners, but she is worth it.
Listen to her on vinyl record for an authentic experience!https://t.co/aoOpHKcF5k via @AlMonitor
— Nervana Mahmoud (@Nervana_1) January 5, 2023

Egyptian bread is truly wonderful. After all, there is a reason why it is called aish "life".

If you want to read more about Egyptian bread, you can do so here:https://t.co/emMNk0N3GJ #Egypt https://t.co/keV9LzDYAR
— Manon Y. Schutz (@ManonYSchutz) January 5, 2023

Posted in Diary of Aak, Egypt | Tagged Christmas, Copts, Egypt, Egyptian pound, Green Coffin, Israel, Libya, Sudan | Leave a comment

Nervana

This Week in Egypt: Week 11-2023 ( March 13-19)

This Week in Egypt: Week 10-2023 ( March 6-12)

This Week in Egypt: Week 9-2023 ( Feb 27- March 5)

This Week in Egypt: Week 7-2023 ( Feb 13-19)

This Week in Egypt: Week 6-2023 ( Feb 6-12)

This Week in Egypt: Week 5-2023 ( Jan 30- Feb 5)

This Week in Egypt: Week 4-2023 ( Jan 23-29)

This Week in Egypt: Week 3-2023 ( Jan 16-22)

This week in Egypt: Week 2-2023 ( Jan 9-15)

This Week in Egypt: Week 1-2023 ( Jan 2-8)

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