logo
Turkish Amb expects Egyptian students pursuing higher education in Turkey to reach 20,000 in medium term

Turkish Amb expects Egyptian students pursuing higher education in Turkey to reach 20,000 in medium term

See - Sada Elbalad20 hours ago
Basant Ahmed
Ambasador of Türkiye to Egypt Salih Mutlu Şen said:" I believe it is possible for the number of Egyptian students pursuing higher education in Turkey to reach 20,000 in the medium term."
He added on " X": " In line with our internationalization strategy, we aspire to achieve this number. The strong cultural and social ties between Egyptian and Turkish societies, as well as their shared values, make Egyptian students a priority target group for Turkey."
He noted that The delegation from Ankara Ufuk University, which came to Cairo to participate in the Higher Education Fair, particularly aims to attract Egyptian students to its Faculty of Medicine and Faculty of Engineering.
"The high quality of Ufuk University Hospital, which I know closely and greatly admire, is a guarantee of the quality of its medical education."
" In my meeting with the senior management of Ufuk University, led by Undersecretary Ali Baylan, along with esteemed administrators Prof. Ergenekon Savrun and Assoc. Prof. Çağlar Doğru, I promised full support for the admission and registration processes of students from Egypt," he revealed.
read more
Gold prices rise, 21 Karat at EGP 3685
NATO's Role in Israeli-Palestinian Conflict
US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria
Shoukry Meets Director-General of FAO
Lavrov: confrontation bet. nuclear powers must be avoided
News
Iran Summons French Ambassador over Foreign Minister Remarks
News
Aboul Gheit Condemns Israeli Escalation in West Bank
News
Greek PM: Athens Plays Key Role in Improving Energy Security in Region
News
One Person Injured in Explosion at Ukrainian Embassy in Madrid
Videos & Features
Story behind Trending Jessica Radcliffe Death Video
News
Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters
Arts & Culture
"Jurassic World Rebirth" Gets Streaming Date
News
China Launches Largest Ever Aircraft Carrier
News
Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia
Business
Egyptian Pound Undervalued by 30%, Says Goldman Sachs
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Arts & Culture
South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Arts & Culture
Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Perplexity AI Makes $34.5 Billion Play for Google's Chrome
Perplexity AI Makes $34.5 Billion Play for Google's Chrome

See - Sada Elbalad

time3 hours ago

  • See - Sada Elbalad

Perplexity AI Makes $34.5 Billion Play for Google's Chrome

H-Tayea AI startup Perplexity has stunned the tech world with a $34.5 billion all-cash bid to acquire Google's Chrome browser, the most widely used web browser on the planet. The offer, made public on August 12, 2025, comes as Google faces mounting antitrust pressure in the U.S., where regulators and the Justice Department are weighing remedies that could force the tech giant to divest Chrome. The move follows a landmark ruling last year by U.S. District Judge Amit Mehta, who found that Google violated antitrust law by unlawfully maintaining its search dominance through default agreements with device makers and browser developers. Chrome, which serves as a crucial gateway to Google Search and its vast data ecosystem, is now a prime target for structural remedies. Perplexity, valued at $18 billion and known for its AI-native Comet browser, says it can operate Chrome as an independent entity and restore real competition to the search sector. The company's offer includes: $34.5 billion in cash—a figure close to analyst estimates of Chrome's standalone value. A commitment to keep Chrome's open-source Chromium engine intact. Google as the default search engine—while preserving users' ability to switch freely. $3 billion in development investment over two years to expand Chrome's capabilities. Guaranteed 100 months of continued Chrome availability after the deal closes. Perplexity says it has secured backing from major venture-capital firms to fully finance the acquisition. If approved, the deal could transform the browser and search landscape. Perplexity has signaled plans to integrate AI-driven features and privacy tools, potentially challenging Google's traditional search model. Regulators have argued that only major divestitures like Chrome will meaningfully reduce Google's market power. Google has yet to comment on the offer, and analysts caution the bid remains a long shot—Chrome is not formally for sale, and Google is expected to contest any forced breakup. Other potential suitors, including OpenAI and Yahoo, have also expressed interest if Chrome is put on the market. Judge Mehta's decision on remedies could come within weeks, making Chrome's future—and the balance of power in internet search—one of the most closely watched developments in global tech. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid Videos & Features Story behind Trending Jessica Radcliffe Death Video News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani

Egyptian banks ease foreign currency, credit card restrictions - Economy
Egyptian banks ease foreign currency, credit card restrictions - Economy

Al-Ahram Weekly

time6 hours ago

  • Al-Ahram Weekly

Egyptian banks ease foreign currency, credit card restrictions - Economy

Major Egyptian banks have raised the foreign currency withdrawal limit for travellers to $10,000 or its equivalent in other currencies, according to notifications sent to customers on Tuesday. The banks include the state-owned National Bank of Egypt (NBE) and Bank Misr, as well as the Commercial International Bank (CIB). The previous withdrawal limits ranged between $2,000 and $5,000, depending on the bank and card type. Travellers can now withdraw the full $10,000 in cash before departure by presenting a valid flight ticket and visa. The new limit is in line with the country's maximum legal allowance for outbound travelers. Meanwhile, several banks are also lowering their foreign currency markup fees on credit card transactions. Both the NBE and CIB have cut their fees from 5 percent to 3 percent. Bank Misr has also announced a similar reduction to 3 percent, effective 13 August 2025. Additionally, Bank Misr has increased its foreign currency sale limit for travellers to $10,000, up from $5,000. The Arab African International Bank (AAIB) has also followed suit, raising its overseas credit card usage limit to a similar amount. In a related development, the Central Bank of Egypt scrapped requirements to verify a customer's travel abroad when using credit cards, citing current market conditions. Since late 2022, Egyptian banks have imposed strict limits on the use of credit and debit cards abroad to stem the outflow of foreign currency amid a deepening dollar shortage, a rapidly expanding parallel market, and mounting pressure on the pound. The most significant restrictions were introduced in 2023, when monthly overseas spending caps were drastically reduced. In some cases, these limits were as low as $50–$100 for regular customers and only a few hundred dollars for premium cardholders. Markup fees were also raised to 5%, and banks were required to verify customer travel before approving significant foreign currency transactions. These measures were closely tied to successive devaluations of the Egyptian pound in March and October 2022 and January 2023, which saw the currency lose over half its value against the dollar. With the pound's sharp depreciation of driving demand for hard currency, authorities sought to close loopholes that allowed customers to obtain dollars at the official rate via card use. The easing of these restrictions began only after the March 2024 devaluation, coupled with major foreign investment inflows, which improved dollar liquidity and allowed banks to gradually restore overseas card limits. Follow us on: Facebook Instagram Whatsapp Short link:

Egypt's Tourism Minister visits Bosnia to boost tourist arrivals
Egypt's Tourism Minister visits Bosnia to boost tourist arrivals

Daily News Egypt

time7 hours ago

  • Daily News Egypt

Egypt's Tourism Minister visits Bosnia to boost tourist arrivals

Egypt's Minister of Tourism and Antiquities, Sherif Fathy, has met with officials in Bosnia and Herzegovina to discuss ways to increase tourist traffic from the Balkan country to Egypt, the ministry said in a statement. Fathy held an expanded professional meeting in Sarajevo with senior officials from the Bosnian tourism sector, including representatives from tourism entities and cities, heads of tourism companies, hotels, and airports. During the meeting, the minister emphasised the importance of direct communication with tour operators as a key element in supporting inbound tourism to Egypt. He stated that the government is focused on creating infrastructure, improving the investment climate, and running promotional campaigns in targeted international markets. Fathy outlined the ministry's strategy, which focuses on promoting Egypt as a top global destination due to its diverse offerings, including cultural, beach, spiritual, and Nile tourism. He added that expanding hotel capacity is a current priority, with the goal of doubling the number of hotel rooms by 2030. This year, 18,000 new rooms are expected to be added, with 6,000 already in service since the beginning of the year. The minister also highlighted Egypt's hosting of international events and concerts in cities like New Alamein, Sharm El-Sheikh, and the Giza Pyramids area. He also suggested organising familiarisation trips for tourism company representatives and influencers from both countries, as well as tourism roadshows and workshops. Fathy's visit is the first official visit by an Egyptian minister to Sarajevo in 15 years. He began his trip by meeting with Bosnian Foreign Minister Elmedin Konaković to discuss strengthening bilateral cooperation. During that meeting, Fathy reviewed the positive performance of Egypt's tourism sector in 2024, which saw 15.8 million tourists, a 6% increase from 2023. He also mentioned the official opening of the Grand Egyptian Museum, scheduled for November 1. The two ministers expressed their readiness to advance cooperation, including promoting joint tourism investments, facilitating visa procedures, and increasing the number of direct flights. They also discussed potential cooperation in archaeology, leveraging Egyptian expertise in monument restoration and museum management.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store