~egyptian-streets | Bookmarks (360)

Prime Minister Benjamin Netanyahu has agreed to a ceasefire agreement with Hezbollah in Lebanon following weeks of talks with the United States and other Western allies, according to a televised address by the Israeli Prime Minister on Tuesday, 26 November. The Israeli Prime Minister announced he would present the deal to his cabinet, which he signalled would approve it, with the possibility of the...

Egypt’s Minister of Foreign Affairs Badr Abdelatty announced during the Rome MED-Mediterranean Dialogues conference on Wednesday, 20 November, that the Suez Canal revenues have fallen by USD 8 billion (EGP 396.78 billion) since Israel’s war on Gaza began. Abdelatty attributed the decline to ongoing geopolitical tensions in the region. Repeated Houthi-led attacks near Bab El-Mandeb Strait, aimed at pressuring Israel into halting its Gaza...

Fitch Ratings, a global credit rating agency, has upgraded Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR),  a measure of a country’s ability to meet its financial obligations in foreign currencies, from ‘B-’ to ‘B,’ with a positive outlook as of 1 November. Credit rating agencies assess the creditworthiness of nations and organizations and play a huge role in shaping economic perceptions and influencing borrowing...

The World Squash Federation (WSF) confirmed on Tuesday that Egypt has officially been awarded the right to host the World Junior Squash Championships. The championships are set to take place in New Cairo’s Black Ball Sporting Club from 20 July 20 to 1 August 2025 and will feature individual and team competitions. The 2024 edition of the championships, held in Houston, Texas, saw Egyptian...

Egypt’s President Abdel Fattah Al-Sisi issued a decree on Monday restructuring three key media regulatory bodies: the Supreme Council for Media Regulation (SCMR), the National Press Authority (NPA), and the National Media Authority (NMA).   The SCMR will be led by the former Youth and Sports Minister Khaled Mahmoud Abdel Aziz and will include Abdel Salam Abdel Majeed, the Vice President of the State Council,...

Egyptian naval forces rescued five people and recovered four bodies on Tuesday, a day after a tourist yacht with 44 passengers sank off the Red Sea coast near Marsa Alam due to rough weather, officials said. The total number of survivors now stands at 33, with seven people still missing. The vessel, which was carrying 34 foreign tourists and 14 crew members, went down...

A sudden and powerful wave has been identified as the likely cause of the Sea Story tourist boat capsizing south of Marsa Alam on Monday, according to initial reports. The incident, authorities say, resulted in the boat capsizing in just five to seven minutes.  As of the time of publication, 28 passengers have been rescued while efforts continue to locate 16 missing individuals, including...

Egyptian MP Essam Diab submitted a motion on Wednesday, 20 November, to the House of Representatives to ban TikTok in Egypt, citing violations of societal and family values, an official statement by Diab reports. Diab shared a statement on his official Facebook page, revealing that he had formally requested briefings from both Prime Minister Mostafa Madbouly and Minister of Communications and Information Technology Amr...

The UN Climate Change Conference (COP29) in Baku, Azerbaijan closed on Saturday with a new finance goal: to triple public finance to developing countries, from the previous goal of USD 100 billion annually, to USD 300 billion annually by 2035. Dubbed the ‘finance COP’, COP29’s outcome was heavily criticized for failing to deliver to the Global South. State and non-state stakeholders had been calling...

If you spend just two minutes scrolling through Pilates tutorials on YouTube, TikTok, or Instagram, you might get the impression that the Pilates world is for an exclusive type of audience – someone who is always on top of their game, put together, ready, and energetic. However, this misconception clouds the true essence of Pilates – its focus on healing through movement. Whether you...

A joint Egyptian-German archaeological mission has discovered a Ptolemaic temple structure in the western area of the Great Temple of Atripes in Sohag Governorate on Saturday 23 November. This mission was lead by the Supreme Council of Antiquities and the German University of Tübingen. The newly unveiled part of the temple spans 51 meters wide and is divided into two towers, each measuring 24...

Darts, a sport of precision and skill, has grown from its humble beginnings in English pubs in the late 1970s to become a professional sport with championships worldwide.  With over 75 operating federations globally, the sport attracts millions of viewers for tournaments and has a high level of participation, darts has extended its reach into Africa, the Arab world, and Egypt. The first official...

In an effort to uplift marginalized communities and drive local economic growth, Ayady Misr, an initiative launched in partnership with Egypt’s Ministry of Local Development, the World Food Programme (WFP), and the digital platform developer, E-Aswaaq Misr, was launched on Women’s Day on 16 March 2021. Following President Abdel Fattah Al-Sisi’s directives to harness digital transformation, the initiative seeks to enhance the livelihood of...

When most people think of Egypt, their minds inevitably wander to the Pyramids of Giza or the temples of Luxor. While these monuments are breathtaking testaments to the ingenuity of ancient Egyptians, they are far from the only treasures Egypt has to offer. Scattered across the country are architectural marvels that, while less celebrated, tell equally fascinating stories about Egypt’s diverse and layered history....

The International Monetary Fund (IMF) and the Egyptian government remain in discussions over the fourth review of Egypt’s Extended Fund Facility (EFF) loan program, IMF Communications Director Julie Kozack said Thursday. Both sides are working to finalize agreements and reforms necessary to complete the review. The announcement came after the IMF concluded two weeks of in-person discussions in Cairo, led by Ivanna Vladkova Hollar,...

Egyptian singer and actor Mohamed Ramadan is set to make history as the first Egyptian artist to perform at the 2025 Coachella Valley Music and Arts Festival. This announcement comes ahead of schedule, with Coachella revealing its full lineup on Wednesday, November 20, nearly two months earlier than usual. The festival will be headlined by Lady Gaga, Green Day, Post Malone, and Travis Scott....

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, former Defense Minister Yoav Gallant, and Hamas’s military commander, the mastermind behind the 7 October attack, Mohammed Deif. The ICC’s pre-trial chamber announced its decision after rejecting Israel’s challenges to the court’s jurisdiction. The judges found “reasonable grounds” to assert that the three men “bear criminal responsibility” for alleged...

Palm Hills has announced a partnership with Marriott International, Inc. to bring The Ritz-Carlton Residences to West Cairo. This exclusive development, located within the Palm Hills community, promises a blend of architectural elegance, high quality amenities, views of the Great Pyramids of Giza and easy access to Sphinx International Airport The Ritz-Carlton Residences, Cairo, Palm Hills will feature 150 branded residences, designed by OBMI...

In a celebratory moment for Egyptian representation on the global stage, 34-year-old model, makeup artist, and TV presenter Logina Salah made history at the Miss Universe 2024 pageant held in Mexico City.  For the first time in the event’s 73-year history, an Egyptian contestant secured a place in the top 30.  A Historic Night The glitzy finale took place on  Sunday 17 November, culminating...

The Central Bank of Egypt (CBE) is set to introduce a card tokenization system in the first quarter of 2025, as announced by Ehab Nasr, Assistant Sub-Governor for Payment Systems and Services, during the 11th Digital Payments, Financial Inclusion, and Digital Banking (PAFIX) Conference. The conference, part of the Cairo ICT exhibition held from 17 to 20 November held the Egypt International Exhibition Center...

Three years ago, in search of better opportunities, 30-year-old Egyptian scientific project manager, Mariam Mahdy, moved to France. While she found a suitable job in her field, the growing anti-immigrant sentiment in Europe made her feel unwelcome and scared. “Some people treat me as if I am a burden, taking someone else’s place,” she said. “I will never be at home in France.” Mahdy...

As a vegetarian visiting Le Petit Chef, I was eager to see how this renowned dining establishment would accommodate my dietary preferences, especially since I had heard so much about it from friends, and was exposed to many of its ads on social media. Le Petit Chef reportedly has over 82 locations worldwide, spanning countries from Canada in the west to Germany, England, France,...

Beltone Holding, one of the fastest growing financial institutions, has reported a groundbreaking financial performance for the first nine months of 2024, with consolidated operating revenues soaring by 405 percent year-on-year to EGP 4.8 billion and net profits skyrocketing 1,218 percent to surpass EGP 1.13 billion. The company’s net profit margin reached an impressive 23.4 percent, signaling the success of its transformation strategy. The...

The Central Bank of Egypt (CBE) announced that Egyptians residing in Gulf countries will soon be able to transfer money directly to Egypt through the InstaPay application, with the service expected to roll out by the end of 2024.   The announcement was made by Ehab Nasr, Assistant Sub-Governor for Banking Operations and Payment Systems, during the 11th “PAFIX” Conference on electronic payments and financial...