Latest news with #MENA
Middle East
8 hours ago
- Politics
- Middle East
OPEN// PM says Thursday, July 24, paid off holiday over July 23 revolution anniversary
CAIRO, July 16 (MENA) - Prime Minister Mostafa Madbouli issued on Wednesday a decision considering Thursday, July 24, a fully paid day off for public and private sectors' employees on the occasion of the anniversary of the July 23 Revolution. The decision applies to ministries, government authorities, public institutions, local administrative bodies and public and private sector companies. (MENA) S R E
Middle East
8 hours ago
- Business
- Middle East
OPEN// PM highlights role of ahleya universities in offering diverse educational opportunities
NEW ALAMEIN CITY, July 16 (MENA) - Prime Minister Mostafa Madbouli has emphasized the importance of ahleya (private and non-profit national) universities and their role in offering diverse educational opportunities that contribute to preparing qualified cadres for both local and international labor markets. He also highlighted their role in enhancing the competitiveness of educational institutions, supporting and stimulating innovation and entrepreneurship, and improving the quality of education across various fields and sectors that are of priority for the Egyptian state, in line with global developments in these sectors. Madbouli made the remarks as he chaired a meeting on Wednesday at the government headquarters in New Alamein City to follow up on ahleya university system. The meeting was attended by Minister of Planning, Economic Development and International Cooperation Rania el Mashat, Minister of Higher Education and Scientific Research Ayman Ashour, President of Helwan University El Sayed Kandil, President of Mansoura University Sherif Khater, President of Assiut University Ahmed el Minshawy, and President of Cairo University Mohamed Sami Abdelsadek. The meeting was also attended by former president of Ain Shams University and Head of the Business Studies Sector at the Supreme Council of Universities Hussein Essa, Assistant Minister of Higher Education and Scientific Research for Policies and Economic Affairs Mohamed el Sharkawy, and Assistant Minister of Finance for Public Budget Affairs Ali El Sisi, among other officials. During the meeting, the higher education minister presented a comprehensive proposal for the national education system in Egypt based on establishing an integrated entity that includes academic and service bodies such as universities, hospitals, and logistical services. (MENA) I S N/S R E
Middle East
8 hours ago
- Business
- Middle East
OPEN// FM lauds EU's commitment to bolstering coop. with South-Med countries
CAIRO, July 14 (MENA) - Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty applauded the European Union's commitment to promoting cooperation with South-Mediterranean countries, stressing Egypt's keenness to enhance its strategic relations with the EU in the various fields. Addressing the 5th EU-Southern Neighbourhood Ministerial Meeting held in Brussels on Monday, Abdelatty also highlighted the importance of fostering economic, trade, investment, and cultural ties between the EU and the southern neighboring countries, supporting human development, and working to provide new sources of development finance. He also called for enhancing cooperation in the areas of industry, energy, food and water security, ICT, technology transfer, and Artificial Intelligence. Abdelatty said Egypt gives top priority to consolidating regional security and stability through the peaceful settlement of disputes, in line with the principles of international law and UN resolutions, emphasizing the need for the Palestinian people to attain their legitimate right to establish an independent Palestinian state on the June 4th, 1967 borders with East Jerusalem as its capital. The meeting in Brussels aimed to discuss the latest developments related to the imminent launch of a new charter for regional cooperation in the Mediterranean. (MENA) M A A/R G E
Middle East
8 hours ago
- Business
- Middle East
OPEN// PM confirms growing global confidence in Egypt's economy
NEW ALAMEIN, July 16 (MENA) – Prime Minister Mostafa Madbouli said many international institutions have praised Egypt's economic resilience, noting that recent regional tensions, including the Israel-Iran conflict, caused only temporary effects. He added that Egypt's commitment to a flexible exchange rate has improved investor confidence. Following a cabinet meeting in New Alamein, Madbouli said that global interest in building factories in Egypt is increasing. He confirmed that inflation fell to 14.4% in June, down from 16.5% in May, and said the government is monitoring prices and supply daily to ensure market stability. The Premier added that President Abdel Fattah El Sisi's participation in the recent African Union summit proves that Egypt has an active role across the continent, noting that Egypt leads two AU mechanisms: one for strategic coordination, the other for regional security in North Africa. "Sisi also held several meetings with African leaders, who expressed interest in involving Egyptian companies in infrastructure projects, Madbouli added. He noted that African leaders have asked Egyptian companies to take part in major development projects, citing their reputation for quality and delivery. The Prime Minister added that three regasification ships are now connected to Egypt's national gas network via Ain Sokhna Port, with a capacity of 2.25 billion cubic feet per day. Two more ships, one in Alexandria and one in Aqaba, will enter service soon as part of the state's summer contingency plan. Additionally, Madbouli affirmed that Egypt has paid over $1 billion in overdue payments to foreign energy partners and plans to pay an additional $1.4 billion before the end of 2024. He concluded with remarks confirming that the government is committed to regular payments and is working to increase local gas production to reduce reliance on expensive imports. (MENA) H A T/S R E
Zawya
12 hours ago
- Business
- Zawya
Deliverect achieves major milestone of one billion global orders and accelerates investment to drive MENA growth
In the MENA region, a 200% increase has been recorded in annual processed orders as Deliverect prepares to introduce digital kiosks at restaurants across the market. Dubai, UAE: Deliverect, a leading global food tech SaaS company, today announced it has processed one billion orders – a key milestone that underscores the company's digital scale and industry-leading integration network by leveraging the power of AI to unlock efficiency, speed and bottom-line profit in modern restaurant operations. The significant achievement further solidifies Deliverect's position as the world's leading solutions provider for enterprise digital ordering – the company serves more than 69,000 locations across 52 countries with a 99.95% uptime rate that restaurant and retail operators depend on. Zhong Xu, CEO of Deliverect, said: 'Reaching one billion orders is a major moment – but it's just the beginning. Restaurants need more than automation; they need intelligence and a best-in-class network of integration opportunities. Our AI-first vision is already transforming restaurant performance, and we're poised to accelerate that impact even further.' The announcement comes at a time when Deliverect is witnessing incredible growth since entering the MENA market in 2020 with company recording more than a 200% increase in processed orders annually. In the coming months, Deliverect digital kiosks will be introduced at restaurants across the MENA region with customers able to place orders and pay in just a few steps, providing a fast, seamless experience. This is part of its strategy to better serve customers with the company continuing to invest in technology, placing AI at the heart of its day-to-day operations to drive sustained profitability and enhance customer experience. Some of its benefits include instant menu syncing and performance analytics, while Deliverect Dispatch provides real-time tracking and accurate ETAs. Today, its AI-powered platform is pivotal to handling billions of digital orders effortlessly, assisted by over 1,000 integrations in the industry's most robust ecosystem. Naji Haddad, Vice President of EMEA at Deliverect, said: 'The MENA region is growing at a rapid pace when it comes to the food sector with customers not short of options for restaurants. While technology continues to advance and make daily operations easier for business owners, Deliverect's AI-focused strategy and its commitment to investing further in this game-changing tool will help companies maximize their revenues and accelerate their business going forward.' About Deliverect Established in 2018, Deliverect is a global ecosystem of solutions for on and off-premise online food sales that boosts productivity, revenue and helps generate data insights for business owners. Today, a number of different brands are part of Deliverect's portfolio including Deliverect Restaurants, which maximises businesses' presence on delivery platforms through its automations, Pulse which elevates their marketing and Deliverect Direct that drives more frequent online sales. Dispatch is also another, orchestrating deliveries across mile last-mile providers. With our enterprise expertise, unrivalled reliability, largest integrations network and 24/7 premium support, Deliverect operates in 52 countries, empowering more than +69,000 locations including renowned chains such as Burger King, Little Caesars and Pret A Manger and has helped process more than +1B orders to date across different food delivery channels like Noon, Careem, Jahez and Keeta.
