Jehad El-Sayed's Articles

Egypt's Financial Regulatory Authority (FRA) has increased the installment limit for the mortgage finance schemes to become up to 50 percent of the purchaser's income, instead of 35 percent and 40 percent set previously for different income categories.

Egypt’s National Wages Council (NWC) has set the minimum wage for private sector workers at EGP 2,700 ($109) per month, up from the previous EGP 2,400, starting January 2023.

Egypt's Minister of Emigration and Expatriates Affairs Soha Gendy said on Monday that the ministry coordinates with the Egyptian embassy in Ankara to follow up on all updates related to the explosion of a cargo ship off Turkey’s coast, which left several of its 17-member crew, including 14 Egyptians, injured.

Well-known Egyptian actress Menna Shalaby has been referred to the criminal court on charges of possessing controlled narcotics with the intent of using them. The drugs had been found in her luggage at Cairo International Airport last month.

Egypt's Grand Mufti Shawki Allam revealed on Wednesday that Dar Al-Ifta has issued more than 1,563,250 fatwas (religious edicts) during 2022, with family issues – related to family protection, marriage, and divorce -- occupying the first place among the various types of fatwas with 63 percent.

Egypt will witness on Wednesday five remarkable astronomical phenomena, including the annual solar alignments on the holy shrines at Luxor’s Karnak Temple and Fayoum's Qasr Qaroun Temple to mark the beginning of winter solstice.

Egypt targets tourism investments of about EGP 7.4 billion in the fiscal year 2022/2023, compared to EGP 6.2 billion in 2021/22, a growth of 19.4 percent, according to Minister of Planning and Economic Development Hala El-Said.

Egyptian Foreign Minister Sameh Shoukry said on Wednesday that the established trilateral cooperation mechanism between Egypt, Jordan and Iraq is a model for joint Arab action.

Egyptian Dental Syndicate has rejected obligatory registration in the new electronic invoice system, asserting that dentists are not obliged to submit their invoices by the deadline of 15 December 2022 previously announced by the Egyptian Tax Authority.

Egypt's President Abdel-Fattah El-Sisi will travel to India be the chief guest at the country’s Republic Day celebrations for the first time ever in January 2023, India’s Ministry of External Affairs announced on Sunday.

President Abdel-Fattah El-Sisi asserted that the Middle East Green Summit Initiative demonstrates how serious a large number of countries in the Arab region are on combating climate change, whether by reducing emissions and transitioning to renewable energy or by taking measures to adapt to the negative impacts of climate change.

Sameh Shoukry, Egypt’s foreign minister and president-designate of the 2022 UN Climate Change Conference (COP27), asserted the importance of scaling up climate ambitions according to countries' capacities and resources, hailing those who have updated their Nationally Determined Contributions (NDCs), including Egypt.

The news on the 27th UN Climate Change Conference of the Parties (COP27), which will be held in Egypt in November in the Red Sea city of Sharm El-Sheikh, uses a multiplicity of terms that might not be familiar to all.

President Abdel-Fattah El-Sisi said on Thursday that Egypt and the UAE share a common destiny. His remarks came during his reception of Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai Sheikh Mohammed bin Rashid Al-Maktoum at El-Ittihadiya Palace in Cairo.

In an interview with Bloomberg Television, Egypt Foreign Minister and COP27 President-Designate Sameh Shoukry asserted that there is a need to see greater equity between finance for mitigation and adaptation.

President Abdel-Fattah El-Sisi discussed in a meeting with the Joe Kaiser, chairman of the supervisory board of the German company Siemens, cooperation in green energy projects in order to make Egypt a regional centre for the production and exchange of new and renewable energy.

TOP 50 Women Forum launched on Wednesday the “Women Towards Sustainability,” the first-of-its-kind integrated climate awareness program for women in business and female leaders to support the transition to the green economy and preservation of the environment.

Leading Kuwaiti global logistics provider Agility will invest $60 million to build two 100,000-square-metre customs and logistics centres in Egypt - one in the industrial zone in Ain Sokhna and the other in Port Said.

An earthquake measuring 5.26 on the Richter scale hit Sunday south of the Mediterranean Greek island of Crete, approximately 430 kilometres north of Egypt’s Marsa Matrouh, the National Research Institute of Astronomy and Geophysics (NRIAG) announced.

Pensions in Egypt have increased over the past three years by nearly 50 percent, and the minimum pension currently is EGP 916 per individual, Egypt's Minister of Social Solidarity Nevine El-Qabbaj said on Wednesday.

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