Egypt Financial News

BRICS Summit in Russia's Kazan, Russian President Vladimir Putin will hold meetings with Prime Minister Narendra Modi, Turkiye President Recep Tayyip Erdogan, Palestinian President Mahmoud Abbas, and UN Secretary-General Antonio Guterres, TASS reported citing the Russian president's foreign policy aide, Yury Ushakov. Speaking to reporters, Ushakov stated that the meetings will start on October 22. He said Putin will have a meeting with New Development Bank President Dilma Rousseff. Following his talks with Rousseff, Putin will hold a meeting with PM Modi and later with South African President Cyril Ramaphosa. Furthermore, Putin's meetings are also planned with Chinese counterpart Xi Jinping and Egyptian President Abdel Fattah al-Sisi, according to TASS report.

BRICS Summit will take place in Kazan, Russia on 22nd-24th October, 2024. The Theme of the Meeting is «Strengthening Multilateralism for Just Global Development and Security”. The main objectives of the 2024 BRICS Summit are to promote cooperation and partnership in politics and security, economy and finance, and cultural and humanitarian ties.

In the coming days, Russian President Vladimir Putin will be shaking hands with multiple world leaders, including those from China, India, Turkey and Iran

Gaza on Saturday showing a picture of the dead Hamas chief Yahya Sinwar with the message that «Hamas will no longer rule Gaza», echoing language used by Israeli Prime Minister Benjamin Netanyahu. The move came as Israeli military strikes killed at least 32 people across the Gaza Strip and tightened a siege around hospitals in Jabalia in the north of the enclave, Palestinian health officials said. «Whoever drops the weapon and hands over the hostages will be allowed to leave and live in peace,» the leaflet, written in Arabic, read, according to residents of the southern city of Khan Younis and images circulating online.

Egypt has raised fuel prices by between 10% and 17%, a move likely to impact the cost of both goods and services

Papua New Guinea, there is a tribal community that still keeps the tradition alive. The Anga tribe practices the mummification of their deceased ancestors as a way to stay connected with them. The Anga people, who number around 45,000, use a distinct method of mummification that involves smoking the body for three months. Unlike the ancient Egyptian technique, the body remains seated and is positioned over a fire. During the process, the mummifiers carefully drain the body’s fluids by poking it and use a wooden stick to widen the anus, allowing the organs to exit. The procedure is highly meticulous, with every detail attended to in order to avoid any mistakes that might bring ill omens. The dead body is then coated with red clay for preservation and placed in jungle shrines.

Subscribe to enjoy similar stories. Thirteen years have passed since al-Qaeda’s last big plot against America, a botched effort to blow up New York’s subway in 2009. The war in Afghanistan is over.

A regional partnership for Nile River basin countries says an agreement on the equitable use of water resources has come into force despite the notable opposition of Egypt

fertiliser prices, shipping through the Straits of Hormuz in addition to the current disruptions in the Red Sea, the peace and tranquillity in the Gulf and West Asia, and even the US presidential elections. The conflict has seen a step-bystep escalation, starting with the Hamas attack of October 7 last year. Israel, in response, has continued with its air and ground operations in Gaza. More than 40,000 have died from this action, nearly two million displaced and property and infrastructure severely damaged. The population there is suffering from food shortages and break down of health care. Intense multi-country efforts for ceasefire, led by the US, Egypt and Qatar, have floundered, buffeted by Israeli desire for a permanent end or irreplaceable degradation of Hamas military and governance structures, and countervailing Hamas’ demands for the ceasefire to be ‘permanent’. Around 100 Israelis remain hostages since October 7with no clarity on how many may still be alive. Anger against Israel and criticism of its actions in many countries has only grown.

international trade settlement and digital payments, trade and investment in the Suez Canal Economic Zone (SCEZ), and transport and trade disputes as areas of focus, the government said Thursday after the sixth Session of India-Egypt Joint Trade Committee (JTC). New Delhi also said that necessary approvals for signing the MoU on cooperation between National Small Industries Corporation (NSIC) of India and MSME Development Agency (MSMEDA) of Egypt have been obtained. Pharmaceuticals and health sector, gems & jewelry, engineering goods, petroleum and mining, MSME Sector, customs matters, services sector, IT services, electronics manufacturing, apparel manufacturing, renewable energy – green hydrogen and

Subscribe to enjoy similar stories. Eternal life has fascinated humans since time immemorial. Ancient Egyptians mummified their pharaohs, Chinese emperors sought the elixir of life, Greek myths spoke of ambrosia granting eternal youth, and India has had its legendary ‘Chiranjeevi’ immortals.

Eid-e-Milad-un-Nabi this year will be observed from the evening of September 15 to the evening of September 16. This significant occasion is dedicated to reflecting on and celebrating the life and passing of Prophet Muhammad, who is honored as Allah's final messenger. Eid-e-Milad-un-Nabi, or simply Eid-e-Milad, commemorates both the birth and the death of the Prophet. It falls in Rabi' al-Awwal, the third month of the Islamic calendar, which follows lunar cycles. Because of this, the date varies each year. In 2024, the festival will begin on the evening of Sunday, September 15, and continue through to the evening of Monday, September 16.

Subscribe to enjoy similar stories. Perfectly still, that’s what archers want to be as they stand on the spot, ready to release the arrow. They try and tame the racing heart, control the breathing, quieten the mind and cajole every muscle into sync.

Eid Milad un Nabi, also known as Eid-e-Milad, will be observed from the evening of Sunday, September 15, 2024, to the evening of Monday, September 16, 2024. This date marks the commemoration of both the birth and death anniversary of Prophet Muhammad. As the Islamic calendar follows the lunar cycle, the exact date of the observance varies each year.

US State Department said Thursday it was unconditionally releasing $1.3 billion in military aid to Egypt, at a time when Cairo and Washington have been working closely on a Gaza ceasefire deal. Last year, the United States had made the release of part of this annual aid conditional on progress being made on respecting human rights in Egypt, a country where ruler Abdel Fattah al-Sisi has been accused of suppressing dissent. This year, however, the State Department said Egypt had made «progress» in certain areas of human rights. It also explicitly mentioned Cairo's help in mediating between Israel and Palestinian armed group Hamas on the war in Gaza.

External Affairs Minister S Jaishankar on Thursday dismissed the argument that there was no need for «another club» called the BRICS, and said he was struck by the «insecurity» in the developed world over the grouping. During a conversation with Ambassador Jean-David Levitte at Global Centre for Security Policy, a think tank, here, Jaishankar said if the G7 can exist when there is the G20, there is no reason why BRICS cannot. Accounting for 27 per cent of global GDP, BRICS was founded by Brazil, Russia, India and China; later South Africa joined it, and in January 2024, five new countries — Iran, Saudi Arabia, Egypt, UAE and Ethiopia --joined the bloc. «Why the club? Because there was another club! It was called the G7 and you will not let anybody else into that club. So, we go and form our own club,» Jaishankar told to a loud cheer from the audience.

UN General Assembly kicked off in New York with the presence of the representatives of Palestine, which have been given a seat in the General Assembly Hall next to the UN member states. Palestine is not a full member of the 193 member UN body. The Palestinian Authority's envoy to the United Nations, Riyad Mansour, took his place on Tuesday afternoon at a table marked «State of Palestine» between Sri Lanka and Sudan.

plasma bubbles ever recorded, covering regions as far apart as the Egyptian pyramids and the Midway Islands. These bubbles, which interfere with satellite communications and GPS, were detected using the Low Latitude Long Range Ionospheric Radar (LARID), a new radar system developed by the Institute of Geology and Geophysics under the Chinese Academy of Sciences. The detection, caused by a solar storm in November, spans from North Africa to the central Pacific Ocean.

ISIS plot targeting U.S. Jews was able to get into Canada.Federal officials declined to answer questions about the immigration status of Muhammad Shahzeb Khan, citing privacy laws, and said only they were reviewing how he came to Canada.The U.S.

Gaza war and release of hostages held by Hamas, said a more detailed ceasefire proposal would be made in the next several days. After 11 months of conflict in Gaza, CIA Director William Burns said he was working very hard on «texts and creative formulas» with mediators Qatar and Egypt to secure a ceasefire, by finding a proposal which satisfies both parties. «We will make this more detailed proposal, I hope in the next several days, and then we'll see,» said Burns, speaking at a Financial Times event in London alongside Richard Moore, head of Britain's MI6 foreign spy agency, in an unprecedented joint public appearance.

Iran launched perhaps the largest drone and missile strike in history against Israel, which was blunted by unprecedented cooperation from countries in the region and beyond. Yet the biggest surprise is also the most ominous for global order. A radical, quasi-state actor most Americans had never heard of, the Houthis of Yemen, have mounted the gravest challenge to freedom of the seas in decades — and arguably beaten a weary superpower along the way. The Houthis began their campaign against shipping through the Bab el-Mandeb, which connects the Red Sea and Gulf of Aden, in late 2023. They are nominally attacking out of sympathy for the Palestinian people, but also to gain stature within the so-called Axis of Resistance, a group of Middle Eastern proxies cultivated by Iran.