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Egypt Independent
06-04-2025
- Business
- Egypt Independent
President Sisi directs expediting implementation of extra power supply system for 'New Delta' project
President Abdel Fattah al-Sisi Saturday 5/4/2025 issued directives to accelerate the completion of an additional electrical power supply system required for the 'New Delta' project that aims to secure strategic crops for Egypt in light of international fluctuations. The President emphasized the necessity of continuously updating the comprehensive plan to achieve energy security and increase reliance on renewable energy sources. President Sisi made the remarks during a meeting with Prime Minister Mostafa Madbouli, Minister of Electricity and Renewable Energy Mahmoud Esmat, Advisor to the President for Urban Planning Major General Amir Sayed Ahmed and Head of the Armed Forces Financial Affairs Authority Lieutenant General Ahmed al-Shazly. The meeting was also attended by Head of the Armed Forces Engineering Authority Major General Ahmed al Azzazi and Executive Director of the 'Future of Egypt' Authority for Sustainable Development Bahaa el Ghannam. The meeting reviewed the executive status of providing electrical power and the timeline for the required loads for new agricultural reclamation projects supervised by the 'Future of Egypt' Authority, particularly the 'New Delta' project, according to Presidential Spokesman Mohamed al-Shennawy. The progress of establishing the necessary transformer stations for agricultural reclamation areas was also discussed, within the framework of the state's efforts to ensure food security, the spokesman said. The meeting also touched on the government's efforts to ensure the sustainable availability of energy necessary for domestic consumption and to support national economic development plans. The discussion included ways to enhance reliance on renewable energy sources, in line with the state's commitment to achieving sustainable development goals, attracting investments, ensuring the stability and quality of electrical power supply for all projects, and strengthening the capacity of the electricity grid to provide reliable support for agricultural and industrial reclamation projects, the spokesperson added.
Zawya
05-04-2025
- Business
- Zawya
Egypt: President El-Sisi Meets Prime Minister, Minister of Electricity and Renewable Energy
Today, President Abdel Fattah El-Sisi met with Prime Minister Dr. Mostafa Madbouly, Minister of Electricity and Renewable Energy Dr. Mahmoud Esmat, Advisor to the President for Urban Planning Major General Amir Sayed Ahmed, Head of the Armed Forces Financial Affairs Authority Lieutenant General Ahmed El-Shazly, Head of the Armed Forces Engineering Authority Major General Ahmed Al-Azzazi, and Executive Director of the "Egypt's Future" Authority for Sustainable Development Colonel Dr. Bahaa El-Ghannam. The Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said that the meeting reviewed the executive status of providing electrical power and the timeline for the required loads for new agricultural reclamation projects supervised by the "Egypt's Future" Authority, particularly the "New Delta" project. The progress of establishing the necessary transformer stations for agricultural reclamation areas was also discussed, within the framework of the state's efforts to ensure food security. The meeting also touched on the government's efforts to ensure the sustainable availability of energy necessary for domestic consumption and to support national economic development plans. The discussion included ways to enhance reliance on renewable energy sources, in line with the state's commitment to achieving sustainable development goals, attracting investments, ensuring the stability and quality of electrical power supply for all projects, and strengthening the capacity of the electricity grid to provide reliable support for agricultural and industrial reclamation projects. President El-Sisi gave directives to expedite the completion of the additional electrical power supply system required for the "New Delta" project and for the agricultural sector in general, in order to ensure the availability of strategic crops for Egypt in light of international fluctuations. The President emphasized the necessity of continuously updating the comprehensive plan to achieve energy security and increase reliance on renewable energy sources. Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.
Middle East
27-01-2025
- Business
- Middle East
President Sisi affirms necessity of continuing work on alleviating burden on people
CAIRO, Jan 26 (MENA) - President Abdel Fattah El Sisi Sunday affirmed the necessity of continuing work to ease the burden on citizens and ensure sufficient reserves of commodities at affordable prices. The president underscored the importance of continuing the implementation of presidential initiatives to support the most needy and vulnerable segments to ensure meeting people's needs, in particular throughout the holy fasting month of Ramadan. He also emphasized the necessity of ongoing cooperation with the private sector to provide premium quality products at affordable prices. The president made the remarks during a meeting with Prime Minister Moustafa Madbouli, Minister of Supply and Internal Trade Sherif Farouk, Head of the Armed Forces Financial Affairs Authority Ahmed el Shazly and Executive Director of the "Future of Egypt" Authority for Sustainable Development Bahaa el Ghannam. The meeting addressed the strategic stockpile of commodities and food products, in coordination with Future of Egypt for Authority for sustainable development, according to Presidential Spokesman Mohamed el Shennawy. The meeting tackled regular coordination among bodies concerned to ensure the provision of basic commodities at affordable prices and regulating markets to support people, the spokesman added. Efforts to expand social protection networks and reform the subsidy system, through including all eligible beneficiaries and excluding those who are not entitled, were discussed during the meeting, Shennawy said. He added that directives were issued to add beneficiaries of the "Takaful" and "Karama" programs, as well as the children of martyrs, to the restructured subsidy system. President Sisi underlined the importance of governing the procedures of the subsidy system by adopting best mechanisms meant to ensure access of beneficiaries to services. He emphasized the significance of turning Egypt into a regional logistics hub for the trade of strategic goods, which would strengthen its economic position on both the regional and international levels. Meanwhile, the supply minister reviewed the status of strategic reserve of basic goods, noting that it is sufficient for six months. President Sisi directed ensuring sustainable food security, increase the strategic reserves of goods, and strengthen market monitoring to prevent the monopoly of essential goods.
Zawya
27-01-2025
- Business
- Zawya
Egypt's President reviews strategic food stock, preparations for Ramadan
Egypt's President Abdel Fattah Al-Sisi held a meeting to follow up on the status of Egypt's strategic stock of goods and food items, focusing on efforts to increase reserves, provide products at reduced prices, and ensure market organization in preparation for the upcoming Ramadan. The meeting, held on Sunday, included Prime Minister Mostafa Madbouly, Minister of Supply and Internal Trade Sherif Farouk, Ahmed El-Shazly, Head of the Armed Forces Financial Affairs Authority, and Bahaa El-Ghannam, Executive Director of the Future of Egypt for Sustainable Development Agency. During the meeting, President Al-Sisi emphasized the importance of continuing efforts to ease the financial burden on citizens, ensuring sufficient reserves of essential goods and distributing them at discounted prices. He also highlighted the need to maintain ongoing initiatives that support vulnerable groups, particularly during Ramadan. The President stressed the importance of collaboration with the private sector to provide high-quality products at reasonable prices. Mohamed El-Shenawy, the official spokesperson for the presidency, explained that the meeting also covered expanding social protection networks, reviewing the reform and restructuring of the support system to ensure it reaches those in need while excluding ineligible recipients. Special emphasis was placed on including beneficiaries of the 'Takaful and Karama' Programmes and the children of martyrs in this system. In addition, discussions focused on the activation of the commodity exchange, which plays a crucial role in achieving food security and ensuring the sustainability of affordable basic commodities. The President underlined the strategic importance of the commodity exchange in reducing monopolistic practices and promoting fair pricing. President Al-Sisi also reiterated Egypt's goal of becoming a regional logistics hub for strategic commodity trading, which would bolster the country's economic standing at both regional and international levels. The Minister of Supply and Internal Trade provided an update on the country's strategic reserves, which are sufficient to cover six months of supply. The President called for further efforts to ensure sustainable food security, increase reserves, and enhance market control to prevent the monopolization of essential goods. Finally, Al-Sisi directed the development of integrated policies to improve production efficiency, minimize waste, and strengthen supply chains. These measures aim to ensure equitable access to food while encouraging private sector involvement in achieving market stability and improving the quality of food products.
Daily News Egypt
26-01-2025
- Business
- Daily News Egypt
Al-Sisi reviews strategic food stock, preparations for Ramadan
Egypt's President Abdel Fattah Al-Sisi held a meeting to follow up on the status of Egypt's strategic stock of goods and food items, focusing on efforts to increase reserves, provide products at reduced prices, and ensure market organization in preparation for the upcoming Ramadan. The meeting, held on Sunday, included Prime Minister Mostafa Madbouly, Minister of Supply and Internal Trade Sherif Farouk, Ahmed El-Shazly, Head of the Armed Forces Financial Affairs Authority, and Bahaa El-Ghannam, Executive Director of the Future of Egypt for Sustainable Development Agency. During the meeting, President Al-Sisi emphasized the importance of continuing efforts to ease the financial burden on citizens, ensuring sufficient reserves of essential goods and distributing them at discounted prices. He also highlighted the need to maintain ongoing initiatives that support vulnerable groups, particularly during Ramadan. The President stressed the importance of collaboration with the private sector to provide high-quality products at reasonable prices. Mohamed El-Shenawy, the official spokesperson for the presidency, explained that the meeting also covered expanding social protection networks, reviewing the reform and restructuring of the support system to ensure it reaches those in need while excluding ineligible recipients. Special emphasis was placed on including beneficiaries of the 'Takaful and Karama' Programmes and the children of martyrs in this system. In addition, discussions focused on the activation of the commodity exchange, which plays a crucial role in achieving food security and ensuring the sustainability of affordable basic commodities. The President underlined the strategic importance of the commodity exchange in reducing monopolistic practices and promoting fair pricing. President Al-Sisi also reiterated Egypt's goal of becoming a regional logistics hub for strategic commodity trading, which would bolster the country's economic standing at both regional and international levels. The Minister of Supply and Internal Trade provided an update on the country's strategic reserves, which are sufficient to cover six months of supply. The President called for further efforts to ensure sustainable food security, increase reserves, and enhance market control to prevent the monopolization of essential goods. Finally, Al-Sisi directed the development of integrated policies to improve production efficiency, minimize waste, and strengthen supply chains. These measures aim to ensure equitable access to food while encouraging private sector involvement in achieving market stability and improving the quality of food products.
