Latest news with #KCC
See - Sada Elbalad
4 days ago
- Entertainment
- See - Sada Elbalad
Korea Culture Week 2025 Draws Great Turnout
Yara Sameh - Ali Abo Deshish The Korean Cultural Center (KCC) in Egypt brought the curtain down on Korea Culture Week 2025 with a spectacular closing ceremony held at the National Museum of Egyptian Civilization (NMEC). It amis to enhance cultural and civilizational exchange between Egypt and South Korea. The annual event provided a unique platform that combined elements of Korean heritage and contemporary arts. The highlight of the evening was the Egyptian Preliminary Round of the renowned K-Pop World Festival, where rising talents competed for a chance to represent Egypt at the global finals in Changwon, South Korea. Egyptian performers captivated the audience with their dynamic, high-energy dance routines, expressing their deep admiration and passion for K-Pop idols. Out of 5 performance groups, the winners of the competition 1st Place The Groove, 2nd Place Hams Mohamed and 3rd Place Angster earned top honors and will be qualified for participation in the global finals, co-hosted in October by Korea's Ministry of Foreign Affairs, Ministry of Culture, Sports and Tourism, and the Korean Broadcasting System (KBS). The ceremony opened with captivating performances by graduates of the K-Pop and Gugak (traditional Korean music) academies, which were held earlier last month at the Academy of Arts. Their performances reflected the growing cultural exchange and mutual understanding between Egypt and Korea. Throughout the week, the KCC organized a rich program of events, including traditional and contemporary Korean music performances, a vibrant hanbok (traditional Korean attire) exhibition, hands-on workshops, and an engaging display of traditional Korean musical instruments. Visitors of all ages enjoyed hanbok try-on experiences and captured memorable moments in photos while wearing the colorful garments. The exhibition was curated by renowned Korean designer Kim Ji-Eun, who also led a popular workshop on hanbok accessory design that welcomed around 300 participants. Audiences also explored the 'Korean Culture Boxes' – a traveling showcase featuring miniature exhibits of Korean life, including traditional housing, hangeul (the Korean alphabet), and various cultural artifacts, offering an interactive cultural experience. Meanwhile, the KCC launched the K-Comics World Exhibition, marking Egypt as the first international stop. The exhibition features the globally acclaimed webtoon Hellbound, ahead of its next destinations in Canada, China, Hungary, and Japan. The exhibition will remain open to the public at the Korean Cultural Center in Cairo until the end of July. Korea Culture Week 2025 has once again served as a vibrant platform for cross-cultural dialogue, drawing thousands of visitors and celebrating the shared passion for creativity, music, and heritage between Korea and Egypt. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Sports Get to Know 2025 WWE Evolution Results News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language
Time of India
4 days ago
- Business
- Time of India
ICICI Bank, SBI among top picks as banking sector prepares for earnings rebound; Motilal Oswal sees 12-15% upside
Live Events ICICI Bank: Buy| Target Rs 1650| LTP Rs 1427| Upside 15% SBI: Buy| Target Rs 925| LTP Rs 823| Upside 12% (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel While this shift has temporarily compressed net interest margins (NIMs), the broader outlook remains banks have shown better pricing discipline by managing spreads on new loans, while public sector banks have responded more directly to policy transmission, resulting in a steeper decline in lending the deposit side, term and savings rates are now gradually moving lower, which will help ease funding costs over the coming transition, though challenging in the short term, lays the foundation for margin stability in the medium term. Net interest margins are expected to bottom out by the second or third quarter of FY26 as the benefits of lower deposit rates start flowing the phased reduction in the cash reserve ratio (CRR) will infuse durable liquidity into the banking system, further supporting asset quality across banks remains resilient. Early signs of recovery are emerging in unsecured retail and microfinance portfolios, which had previously seen stress. As credit costs normalize, banks are better positioned to safeguard their earnings lenders are strengthening their deposit franchises, focusing on stable and granular liabilities to navigate through the rate cycle more effectively. This focus on building a solid liability base will remain a key differentiator going ahead, the second half of FY26 is expected to be a turning point. With improving liquidity conditions, easing cost pressures, and stabilizing margins, banks are well-positioned for an earnings rebound. The momentum is likely to extend into FY27, driven by consistent credit demand and operating summary, India's banking sector remains fundamentally sound. While near-term margin pressures persist, the path to recovery is visible, and investors can expect gradual improvement in sector performance over the next few Bank is executing well on its 'One Bank One RoE' strategy, delivering strong returns through ~16% loan CAGR in Retail, SME, and Business Banking (FY22–25). Asset quality remains solid, with GNPA/NNPA at 1.67%/0.39% and PCR at ~77% in 4QFY25.A healthy INR131b contingency (~1% of loans) offers cushion. While unsecured loans (~13.3%) show stress, slippages are moderating and credit costs are expected at ~40–50bp in FY26– rose 16bp QoQ to 4.41%, aided by higher yields and no KCC reversals. Deposits grew 14% YoY, led by strong CA growth in 4Q. CASA ratio improved to 41.8% (Q-end); average CASA remained flat at 38.4%.A digital + branch-led strategy supports deposit growth; we expect 14% CAGR in FY25–27. We estimate RoA/RoE to reach 2.3%/17.5% by launched a Rs 25,000-crore QIP on July 16, its first equity raise in eight years and the largest by any Indian entity. The Indicative QIP price range is ₹806.75–₹831.70 per share, implying up to a 3% discount to July 16 NSE fundraise aims to support the bank's growth plans and strengthen its capital adequacy ratio, which stood at 14.25% as of Mar'25. With a robust ₹3.4t credit pipeline and a conservative CD ratio of 69%, it is well placed to deliver 12-13% credit growth over FY26-27E, ahead of systemic remains well-positioned for sustainable growth, underpinned by strong credit expansion and controlled asset quality risks. We estimate 5% earnings CAGR over FY25-27E, with RoA/RoE expected at 1.0%/15.6% by FY27E.
See - Sada Elbalad
5 days ago
- Entertainment
- See - Sada Elbalad
Korea Culture Week 2025 Concludes with Spectacular Finale
Basant Ahmed The Korean Cultural Center (KCC) in Egypt brought the curtain down on Korea Culture Week 2025 with a spectacular closing ceremony held at the National Museum of Egyptian Civilization (NMEC). The highlight of the evening was the Egyptian Preliminary Round of the renowned K-Pop World Festival, where rising talents competed for a chance to represent Egypt at the global finals in Changwon, South Korea. Egyptian performers captivated the audience with their dynamic, high-energy dance routines, expressing their deep admiration and passion for K-Pop idols. Out of 5 performance groups, the winners of the competition 1st Place The Groove, 2nd Place Hams Mohamed and 3rd Place Angster earned top honors and will be qualified for participation in the global finals, co-hosted in October by Korea's Ministry of Foreign Affairs, Ministry of Culture, Sports and Tourism, and the Korean Broadcasting System (KBS). The ceremony opened with captivating performances by graduates of the K-Pop and Gugak (traditional Korean music) academies, which were held earlier last month at the Academy of Arts. Their performances reflected the growing cultural exchange and mutual understanding between Egypt and Korea. Throughout the week, the KCC organized a rich program of events, including traditional and contemporary Korean music performances, a vibrant hanbok (traditional Korean attire) exhibition, hands-on workshops, and an engaging display of traditional Korean musical instruments. Visitors of all ages enjoyed hanbok try-on experiences and captured memorable moments in photos while wearing the colorful garments. The exhibition was curated by renowned Korean designer Kim Ji-Eun, who also led a popular workshop on hanbok accessory design that welcomed around 300 participants. Audiences also explored the 'Korean Culture Boxes' – a traveling showcase featuring miniature exhibits of Korean life, including traditional housing, hangeul (the Korean alphabet), and various cultural artifacts, offering an interactive cultural experience. Meanwhile, the KCC launched the K-Comics World Exhibition, marking Egypt as the first international stop. The exhibition features the globally acclaimed webtoon Hellbound, ahead of its next destinations in Canada, China, Hungary, and Japan. The exhibition will remain open to the public at the Korean Cultural Center in Cairo until the end of July. Korea Culture Week 2025 has once again served as a vibrant platform for cross-cultural dialogue, drawing thousands of visitors and celebrating the shared passion for creativity, music, and heritage between Korea and Egypt. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Sports Get to Know 2025 WWE Evolution Results Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language
BBC News
6 days ago
- Automotive
- BBC News
Kent County Council needs funds to fix potholes
A council representative has said the authority has contractors ready to fix Kent's potholes, but not sufficient funding to do so.A report found that the backlog of repairs to "pothole-plagued" roads in the south east of England was £ a hot seat interview on BBC Radio Kent, Toby Howe, highways and transportation strategic resilience manager at Kent County Council (KCC), said the state of the roads in the county had declined due to a lack of government Department for Transport said councils across England will receive a total of £1.6bn to fix roads and fill potholes to "start to reverse a decade of decline on our roads". Mr Howe, who previously worked as a highway maintenance engineer, said adequate government funding used to allow the council to resurface roads at a reasonable rate."Over the years, through many governments, there has been funding cut, cut, cut," he said. "And the state of the countries roads have all fallen in that time."Kent is not alone. Every county you go through has the same problem. And it is the severe lack of funding." 'Ready to go' Nearly half of the region's road network – more than 13,000 miles – has less than 15 years' structural life remaining, according to the Annual Local Authority Road Maintenance (ALARM) survey, produced by the Asphalt Industry Howe added: "If we could have an awful lot of money, we've got companies out there, ready to go."We could do what we'd actually really like to do. And that is a strategic asset approach where you get the roads fit for purpose before they are ready to fail."In May, Reform UK took control of KCC, wiping out the Conservative majority after nearly 30 Howe said it was "too early to tell" if the change in leadership would lead to major changes."They've got some great ideas. And they have said potholes are their priority, which is brilliant from our point of view," he Secretary Heidi Alexander said potholes had "plagued motorists for far too long"."This government is firmly on the side of drivers. Every area of England will get extra cash to tackle this problem once and for all."
Time of India
15-07-2025
- Business
- Time of India
Ensure availability of fertilizer to farmers in all areas: Varanasi DM to officials
Varanasi: To ensure the availability of fertilisers to farmers at fixed rates and prevent black marketing, hoarding, and diversion of fertilisers as well as to register as many farmers as possible under the Pradhan Mantri Fasal Bima Yojana, a review meeting was held under the chairmanship of district magistrate Satyendra Kumar through video conferencing on Tuesday. The meeting was attended by chief development officer, deputy director of agriculture, district agriculture officer, assistant commissioner and assistant registrar of cooperatives, district manager of PCF, manager of cooperative bank, area manager of IFFCO, lead bank Manager, and district manager of SBI general insurance company, Varanasi. During the review, the DM inquired about the availability of fertilisers at cooperative societies in the district and expressed dissatisfaction over the unavailability of DAP fertilisers at 20 societies. He instructed the representative of the assistant commissioner and assistant registrar of cooperatives to ensure the availability of DAP fertilisers at all societies from the pre-positioning stock. He also directed that the allocation of fertilisers to the district should be prioritised and lifted from the rake point. While reviewing the progress of the Pradhan Mantri Fasal Bima Yojana, the DM of SBI General Insurance Company informed that there are 52,937 eligible KCC holder farmers in the Varanasi district on the National Crop Insurance Portal. However, only 2,777 KCC holders were insured by the bank branches so far. The DM instructed the official concerned to ensure that all KCC holders' details are entered on the Kisan Credit Portal through all bank branches in the district. All eligible farmers' premiums should be debited as per rules, and crop insurance should be completed by July 31. The DM instructed the deputy director of agriculture, district agriculture officer, assistant registrar of cooperatives, district manager of PCF, and area manager of IFFCO to coordinate and ensure the availability of fertilisers in every area of the district, so that farmers can easily access fertilisers. No laxity should be tolerated in this regard.
