
Valu Offers Financial Solutions for 'Learn to Earn' Initiative Launched by RoboGarden Egypt to Equip Egyptian Youth with Digital Job-Market Skills
El Sabban noted that five training cohorts will be held under this partnership, with 25 participants in each — reaching a total of 125 learners. She emphasized that vocational and skills-based training is key to enhancing labor market competitiveness in Egypt, especially amid global economic shifts and the growing reliance on technology. Statistics show that around 60% of Egyptian university graduates struggle to secure employment immediately after graduation due to the gap between educational outcomes and market needs Google News تابعونا على تابعونا على تطبيق نبض
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bnok24
3 hours ago
- bnok24
Binghatti Unveils AED 2.1 Billion Dubai Landmark 'Binghatti Flare' at Mega Event in Egypt El-Alamein
Binghatti has made another historic mark on Egypt's North Coast with a grand seaside event attended by over 7,500 guests, increasing the turnout of its previous Cairo showcase beneath the Pyramids. The monumental evening was headlined by none other than Kadim Al Sahir, the legendary 'Caesar of Arabic Music,' who delivered an unforgettable performance under the stars Held at the scenic North Square Plaza in El-Alamein, the event drew a guest list of local celebrities, business leaders, and dignitaries. Hollywood icon Terry Crews served as master of ceremonies, joined on stage by celebrated Egyptian actor and presenter Ramy Radwan, adding star power to an already unforgettable night The evening commenced with the national anthems of Egypt and the United Arab Emirates, a powerful gesture underscoring the strong and growing cultural and economic ties between the two nations The night's most anticipated moment came with a dramatic fireworks display and the surprise unveiling of Binghatti's newest Dubai development, Binghatti Flare, a twin-tower architectural masterpiece, with both tower 01 & 02 having a gross value of AED 2.1 Billion Featuring over 1,300 residential units and located in Jumeirah Village Triangle, the project is poised to become one of Dubai's boldest residential addresses. Its standout feature: the first-ever man-made beach in JVT, coupled with over 20+ resort-style amenities across both towers, redefining luxury living in one of the city's most vibrant communities, just minutes from Palm Jumeirah and Bluewaters Island In recognition of the strong and growing interest from Egyptian investors who rank among Binghatti's top international buyers a dedicated team will remain on the ground for five days following the event. Located at Rixos Premium Alamein, Binghatti's property showcase will offer tailored support, on-site consultations, and exclusive offers for prospective investors Chairman Muhammad Binghatti commented 'Egypt is a land of immense investment potential. Our presence here is a testament to our commitment to this market and toEgyptian buyers. With every project, we aim to blend bold architectural vision. Binghatti is not just building homes, we are crafting landmarks that redefine luxury and resonate across generations The evening also served as a prestigious networking platform, bringing together industry leaders, developers, investors, and key stakeholders, sparking strategic dialogue and partnership opportunities that extend beyond the UAE-Egypt axis As Binghatti continues its global expansion, the El-Alamein gala stands as a powerful symbol of its ambition: to bridge continents, connect investors, and deliver world-class developments rooted in design, innovation, and cultural respect Google News تابعونا على تابعونا على تطبيق نبض


Middle East
9 hours ago
- Middle East
OPEN// President Sisi orders acceleration of logistics projects
CAIRO, July 27 (MENA) - President Abdel Fattah El Sisi directed the government to continue efforts aimed at accelerating the implementation of all projects in line with pre-set timeframes including Integrated Developmental Logistics Corridor projects that connect production areas to seaports currently under development. The ports are to be transformed into global-level, high-capacity hubs, integrated with the modern transportation network - comprising roads, highways and railways - providing the necessary components to position Egypt as a global center for trade and logistics. During a meeting Sunday with prime Minister Mostafa Madbouli, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry Kamel el-Wazir and General Advisor to the President for Financial Affairs Ahmed el-Shazly, President Sisi was briefed on progress of projects carried out under the Ministry of Transport and Industry, especially ventures related to the railway system, including Arish–Taba railway line and the completion of the Bir al-Abd–Arish railway project - expected to contribute to the development of the Sinai Peninsula and create a logistical corridor linking the Red Sea to the Mediterranean. Presidential Spokesman Mohamed el-Shenawy said, the meeting also covered updates on the development of seaports, given their central role in the country's development programs. In this context, the implementation progress of construction, development and upgrading of several ports was reviewed, including Ras Sedr, Gargoub, Abu Qir, the Grand Port of Alexandria, the new El-Max Port, the expansion of Ain Sokhna Port, the construction of Taba Port and development projects at Damietta Port. The spokesman added that the meeting also took up progress achieved in the fourth metro line in Cairo and the high-speed electric train project. It further discussed efforts to develop industrial zones in Wadi El-Sirriya and El-Motahhara in Minya Governorate and northern Fayoum in Fayoum Governorate. All efforts are part of broader initiatives to promote industrial development in Upper Egypt and create more job opportunities for citizens, mainly in labor-intensive industries including, textiles, ready-made garments and weaving, according to the spokesman. (MENA) S A S/M O H


See - Sada Elbalad
21 hours ago
- See - Sada Elbalad
Amb. Ahmed Abu Zeid: Egypt-EU Partnership as Model for Cooperation & Development in Middle East
Interview by Mohamed Wadie In the context of the extensive and complex relations between Egypt and the European Union, which have roots spanning decades, Ambassador Ahmed Abu Zeid's role in Brussels stands out as a central link between Cairo and Brussels. These relations, considered a model of comprehensive strategic partnership, cover diverse fields including economy, security, culture, and education. In our interview with Ambassador Ahmed Abu Zeid, we review the depth and dimensions of this partnership, highlight key milestones in its development, and discuss the challenges and opportunities it faces amid current geopolitical and economic changes. Egyptian-European Relations: A Historical Continuity and Diverse Fields of Cooperation Ambassador Ahmed Abu Zeid explains that the relations between Egypt and Europe are not a recent development but are deeply rooted historically and extend over many decades, covering numerous areas such as economy, security, culture, and migration. These relations were founded on the Egypt-European Partnership Agreement signed in 2004, which established specialized committees covering trade, transport, migration, as well as technological and educational issues. The importance of continuous political dialogue is also emphasized through the Joint Cooperation Council between the Egyptian Foreign Minister and the EU High Representative for Foreign Affairs and Security Policy. The Comprehensive Strategic Partnership: A Turning Point A decisive turning point came last year with the signing of the comprehensive strategic partnership, which elevated the level of relations between Egypt and the European Union to new heights. This partnership is granted to only a limited number of countries, confirming Egypt's importance as the first country in the Middle East and North Africa to receive this distinguished status, reflecting Egypt's pivotal role for the EU and vice versa. European Financial Support to Egypt: A Comprehensive Package for Economic Stability Ambassador Abu Zeid focuses on the financial support package decided by the EU for Egypt under this partnership, totaling 5 billion euros, including 1.8 billion euros in direct financial support, investment guarantees, and grants for migration projects amounting to 200 million euros. The package is divided into two tranches: the first tranche (1 billion euros) was disbursed at the end of last year, and the second (4 billion euros) was recently approved by the European Parliament and the European Council to begin disbursing before the end of this year. This support comes at a critical time amid global and regional economic crises, including food and energy crises and maritime security tensions affecting the Suez Canal and Egypt's economic returns. The disbursement is contingent on a comprehensive economic reform program done in cooperation with the IMF, which required extensive negotiations with European parliamentarians to ensure proper management that benefits Egypt and the region. Geopolitical Challenges and Their Impact on Egyptian-European Cooperation The ambassador points to regional and global challenges facing both Egypt and the EU, such as conflicts in the Middle East, peace crises, and the Russia-Ukraine war, which have caused disruptions in supply chains, energy, and food. These crises require multilateral diplomatic dialogue to maintain stability and peace, demonstrating the importance of the strategic partnership in confronting shared challenges. He also stresses the need for the European Parliament to understand Egypt's regional role in supporting peace and conflict resolution, which builds credibility and growing support for these relations. Future Prospects: The Upcoming Summit and Partnership Dynamics Egypt and the EU view the coming period as an opportunity to strengthen the partnership, especially with the first summit within the framework of the comprehensive strategic partnership, expected to create strong dynamics in relations and rearrange priorities and political, economic, and security interests for both parties. This summit comes at a time when the region and the world face complex challenges that require combined efforts amid financial and debt crises, international law challenges, and security and economic issues. This dialogue reflects a clear vision and confidence in the depth of the Egypt-EU partnership, founded on shared interests and mutual support in facing contemporary challenges. 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