Latest news with #ABE
Daily News Egypt
6 days ago
- Business
- Daily News Egypt
ABE signs cooperation protocol to finance beneficiaries of state-owned lands in Minya
Mohamed Abou El-Soud, CEO of the Agricultural Bank of Egypt (ABE), met with Emad Kedwany, Governor of Minya, as part of a tour by the bank's executive management across Upper Egypt governorates. The visit aimed to strengthen collaboration with local authorities to advance agricultural development, empower farmers, and attract greater investment into the sector and its associated activities. It also aligns with national objectives for food security, sustainable development, and Egypt's Vision 2030. During the meeting, Abou El-Soud and Governor Kedwany signed a cooperation protocol to finance beneficiaries, farmers, and agricultural investors allocated land from state-owned assets. The initiative is designed to reinforce national efforts to enhance food security and establish new agricultural communities following the legalisation of previously informal landholdings. Under the protocol, ABE will provide a tailored package of facilitated financing to beneficiaries of legalised state-owned land, in accordance with its credit policies. This support includes funding for the purchase of agricultural production inputs, machinery and equipment, well drilling, and the installation of modern irrigation systems. The objective is to boost productivity among smallholder farmers, expand land reclamation, and maximise land value by formally integrating it into the national economy. As part of the visit, the two officials also attended a ceremony marking the delivery of 130 microbuses in Minya, under the second phase of a vehicle replacement initiative. This programme targets old pickup trucks previously used for passenger transport, replacing them with modern microbuses financed by the bank. The goal is to improve the public transport network in the governorate, offering safer, higher-quality services in rural villages and contributing to a better quality of life for residents. Abou El-Soud emphasised the importance of replacing outdated pickup trucks with safer microbuses to improve commuting between villages and cities. He noted that the programme is backed by accessible financing solutions featuring attractive benefits, low annual interest rates, and repayment over seven years in equal monthly instalments. He praised the strong cooperation between the bank and the governorate, highlighting their shared commitment to enhancing the bank's role in agricultural and rural development and improving living standards across Minya. He added that through this initiative, the bank offers unprecedented loan facilities and flexible terms that support social protection for vehicle owners, increase their income, and help them comply with traffic regulations and local directives. The broader aim is to gradually eliminate unsafe pickup trucks from passenger transport, providing residents with more secure and comfortable alternatives. Additionally, the environmental benefits are significant, as the new microbuses operate on dual fuel (natural gas and gasoline), aligning with Egypt's national strategy for cleaner energy and environmental sustainability. Governor Kedwany described the initiative as a transformative step for the public transport system in Minya, calling it the culmination of a comprehensive plan launched in February to modernise transport services. The project aims to provide residents of Minya with modern, safe, and dignified transportation options that safeguard their rights and wellbeing. He noted that the initiative is already showing positive results, with official figures indicating a 40% decrease in accident rates in recent months. Importantly, Minya recorded zero pickup truck-related accidents during April and May, following the enforcement of a ban on using such vehicles for passenger transport. Kedwany described this as clear evidence of the programme's success and its effectiveness in protecting lives.
RTÉ News
12-07-2025
- Sport
- RTÉ News
No Half Measures pulls off shock in July Cup at Newmarket
Richard Hughes' No Half Measures ran out a shock winner of the Al Basti Equiworld, Dubai July Cup Stakes at Newmarket. At 66-1 she was a real outsider in the Group One contest, and from stall 15 she kept out of trouble under Neil Callan on the far side of the track. As the six-furlong event reached the business end she was picking off rivals and after locking horns with Big Mojo, it was No Half Measures who came out on top by a neck with a further length and three-quarters back to Run To Freedom in third. Hughes steered Oasis Dream to victory in the 2003 July Cup and after taking up training in 2015, No Half Measures is his first Group One winner as a handler. No Half Measures captures the @ABE_Dubai July Cup for @RHughesracing 🏆 — Newmarket Racecourse (@NewmarketRace) July 12, 2025 An emotional Hughes said: "I've just got a bear hug off William Buick and he's cut my lip! "It's brilliant. Disappointments when you're training are very hard and the highs don't meet the lows. We fancied the filly yesterday Mood Queen and she finished last, which was excruciating, and the highs aren't even high enough. "It's an up and down game, but I'm coping better with it now than I used to. It's been a tough enough ride to get to here, but I'm definitely appreciating more now than when I started. "I didn't appreciate all those good horses when I was riding, I just took it for granted and I was very lucky to be riding for Richard Hannon and having the Khalid Abdullah job – I was privileged to be riding good horses every year. "We get a good horse through the yard now and again and I'm trying to mind it like a baby and I'm watching it every day in case it goes wrong because you probably only have one or two bullets. In Hannon's, if one broke you'd get on another one next day or I'd get another ride. There was a flow of horses and I found it very easy. "I was a little bit naive when I started training – I thought if I bought 20 horses one of them was going to be good. Then I bought 20 the following year and still no good one. "This is harder, but more rewarding for sure." Of gaining his first Group One as a trainer, he added: "I've got the monkey off my back that's for sure and I can retire now saying I rode a July Cup winner and trained one, so that's really nice. "Of course I want more, it's my nature as I'm very competitive, but if you don't have the horses you can't train them." No Half Measures won a handicap at this meeting last year before graduating to Group Three and Listed success, but Hughes admitted he had not expected to hit the mark at the highest level. He said: "She won here last year in a handicap and when Ryan (Moore) got off her I asked him if we'd get a bit of black type and he said 'she's better than that', which is something Ryan never says! He's a realist, so I was quite surprised by that. "We plotted to get our black type and we got it and she's done nothing but improve. "There was very little pressure today really. At halfway I thought she was going OK and then I just held my head because I couldn't believe what was happening! "I just thought if she's going to get caught she's going to caught, because they normally do, but I would have been pleased even with second or third, so to win is just a bonus."
Daily Record
07-07-2025
- Business
- Daily Record
Exercise and protein goodie box reduced from £50 to £30 at Home Bargains
Health and fitness fans who enjoy going to the gym may benefit from this discounted goodie box Home Bargains has refreshed its StarBuy deals this week, and the new discounts are bound to impress gym-goers and fitness lovers alike. With summer in full swing and the busy holiday season approaching, many people will be eager to get into their best shape. It's well known that choosing the right lifestyle and maintaining a healthy diet can greatly assist, but regular exercise is also important. Many might find it helpful to use popular fitness products like protein shake bottles and supplements to support their journey. However, while these can be quite advantageous, they often come with a hefty price tag. For those looking to enhance their fitness without breaking the bank, Home Bargains has slashed the price of a £50 goodie box containing 19 items as part of its latest StarBuy collection. Shoppers can now purchase the Applied Nutrition Fitness Starter Pack for just £29.99, down from its original price of £50. The pack also comes with a JD Gym 1 Day Guest Pass. On the Home Bargains website, the goodie box is described as follows: "Discover the Applied Nutrition Fitness Starter Pack – a box packed with tasty samples and top products to kickstart your fitness journey and find your favourites. Perfect for trying the best of Applied Nutrition in one handy set!" It adds: "Try our best sellers to decide your favourites. Introducing the Applied Starter Pack. A box full of delicious treats, samples, and the best products that Applied Nutrition has to offer." In a message to customers, the retailer noted: "Items and flavours shown are not indicative of Starter Pack contents." It continued: "Ingredients are listed as accurately as possible; varying flavours may alter the listing. Please read each product before opening and/or consuming to ensure accurate allergen and ingredient information." Full list of items in Home Bargains fitness box: 1x Protein 150g. 1x Sample Beef XP. 1x ABE Energy & Performance Can. 1x ABE Preworkout Shot 60ml. 1x ABE Preworkout Gel 60ml. 1x Protein Water Can. 1x Bodyfuel Electrolyte water. 1x Diet Whey Bar. 1x Protein Crunch Bar. 1x Protein Cookie. 1x Endurance Energy Gel. 1x Marine Collagen Gel. 1x Hydration Stick pack. 1x Lifestyle Bottle. 1x Shaker. 3x ABE preworkout sample. 1x JD Gym 1 Day Guest Pass. Due to its affordable prices, Home Bargains is a favored option for numerous people throughout the UK. Alongside a variety of home goods, food items, toiletries, and other necessities, Home Bargains also provides a selection of health and fitness products. For example, customers can purchase a 165g tub of Applied Nutrition Collagen Powder for just £9.99, a 66% discount from its original price of £30. Additionally, a 900g bag of BodyFuel Whey Protein is available for £14.99, representing a 50% reduction from its suggested retail price of £29.99. You can also opt for a 12-pack of Oshee High Protein Bars priced at £11.88, down from its initial price of £23.88. When it comes to gym gear, fitness enthusiasts can find kettlebells, yoga exercise balls, foam mats and 1L water bottles for less than £10.
Daily Mirror
07-07-2025
- Business
- Daily Mirror
Fitness box with 19 items and JD voucher only £30 at Home Bargains
Health and fitness fans who enjoy going to the gym may benefit from this discounted goodie box Home Bargains has updated its StarBuy deals this week, and its latest discount offering is sure to impress any gym-goer or fitness enthusiast. With summer underway and the peak holiday season coming up, many people will be hoping to get in the best shape possible. It's no secret that making the right lifestyle choices and following a healthy diet can significantly help, but so can exercising regularly. Some people may benefit from using various popular fitness products, such as protein shake bottles and supplements, to help along their journey. But as beneficial as these can be, they can often be quite pricey. However, for anyone keen to improve their fitness on a budget, Home Bargains has reduced a goodie box filled with 19 items as part of its new StarBuy lineup. Customers can now get the Applied Nutrition Fitness Starter Pack for £29.99—it was originally £50 and includes a JD Gym 1 Day Guest Pass. In a description of the goodie box on the Home Bargains website, the store says: "Discover the Applied Nutrition Fitness Starter Pack – a box packed with tasty samples and top products to kickstart your fitness journey and find your favourites. Perfect for trying the best of Applied Nutrition in one handy set!" It adds: "Try our best sellers to decide your favourites. Introducing the Applied Starter Pack. A box full of delicious treats, samples, and the best products that Applied Nutrition has to offer." In a note to shoppers, the retailer wrote: "Items and flavours shown are not indicative of Starter Pack contents." It continued: "Ingredients are listed as accurately as possible; varying flavours may alter the listing. Please read each product before opening and/or consuming to ensure accurate allergen and ingredient information." Full list of items in Home Bargains fitness box: 1x Protein 150g. 1x Sample Beef XP. 1x ABE Energy & Performance Can. 1x ABE Preworkout Shot 60ml. 1x ABE Preworkout Gel 60ml. 1x Protein Water Can. 1x Bodyfuel Electrolyte water. 1x Diet Whey Bar. 1x Protein Crunch Bar. 1x Protein Cookie. 1x Endurance Energy Gel. 1x Marine Collagen Gel. 1x Hydration Stick pack. 1x Lifestyle Bottle. 1x Shaker. 3x ABE preworkout sample. 1x JD Gym 1 Day Guest Pass. Home Bargains is a popular choice for many across the UK thanks to its budget-friendly prices. In addition to selling a range of homeware, food, toiletries, and other essentials, Home Bargains also offers several health and fitness products. For instance, customers can get a 165g tub of Applied Nutrition Collagen Powder for £9.99, saving them 66% on its original price of £30. It is also selling a 900g bag of BodyFuel Whey Protein for £14.99, which is 50% less than its recommended retail price of £29.99. There is also an option to buy a 12-pack of Oshee High Protein Bars for £11.88 - down from its original cost of £23.88. Regarding gym equipment, fitness fans can get kettlebells, yoga exercise balls, foam mats and 1L water bottles for under £10.
Daily News Egypt
28-06-2025
- Business
- Daily News Egypt
ABE hosts Serbian, Angolan delegations to explore agricultural cooperation
The Agricultural Bank of Egypt (ABE) recently received two official delegations from Serbia and Angola in separate visits aimed at exploring opportunities for cooperation in agricultural development and gaining insight into the bank's strategic role in supporting Egypt's farming sector and rural economy. The Serbian delegation was led by Dragan Glamočić, Serbia's Minister of Agriculture, Forestry, and Water Management. The delegation was welcomed by ABE CEO Mohamed Abou El-Saud, alongside Deputy CEOs Sami Abdel Sadek and Ghada Mostafa. During the visit, the Serbian officials were briefed on the achievements of ABE's comprehensive development strategy, which aims to enhance the bank's operations and reinforce its position as one of Egypt's leading specialised institutions for financing agricultural projects, agri-industries, and related services. The strategy supports Egypt's broader national goals of sustainable agricultural development and economic resilience. Minister Glamočić praised ABE's vital contribution to the sector, commending its developmental role in promoting agricultural growth and empowering farmers. For his part, Abou El-Saud expressed appreciation for the visit and outlined the bank's commitment to advancing national priorities in agricultural development and sustainability, in line with the state's strategic vision to optimise the sector's potential. In a separate meeting, ABE leadership also welcomed an Angolan delegation headed by Paulo Conceição, Adviser to the Board of the Agricultural Development Support Fund, accompanied by representatives from Angola's ministries of agriculture, forestry, finance, industry, and trade. The Angolan delegation sought to explore collaboration opportunities and ways to benefit from ABE's expertise in financing smallholder farmers and rural enterprises. Discussions also focused on the bank's initiatives to stimulate private sector participation in agricultural investment and its broader role in promoting rural development and inclusive economic growth. The Angolan officials commended ABE's extensive experience and described the visit as an opportunity to gain practical insights into agricultural financing models and targeted loan programmes designed to serve small farmers. They highlighted ABE's legacy as one of Africa's oldest agricultural financing institutions and expressed hope to replicate similar approaches within Angola's own agricultural framework. Abou El-Saud warmly welcomed the Angolan delegation, highlighting the longstanding relations between Egypt and Angola. He reaffirmed the bank's developmental mission, which aligns with Egypt's national strategy to harness agricultural resources and expand South-South cooperation. He further affirmed ABE's readiness to exchange knowledge and best practices with both Serbian and Angolan counterparts, in line with Egypt's broader commitment to strengthening partnerships with friendly nations and contributing to sustainable development across Africa.
