Now

Ancient & Auctioned: Egyptian Piece Sold For £10,000

Published

4 years ago

October 31, 2018

Sotheby’s International Auction House in London presented an auction titled “The Arts of the Islamic World in the Middle East”. The auction included four Egyptian manuscripts for sale.

Only one Egyptian manuscript was sold, which is a great binding for Morocco, Egypt and Syria, that goes back to the 15th century, dating back to the Mamluks era. The piece was valued at £10,000.

There are three remaining Egyptian manuscripts were not held for sale in the auction, and included one which dates back to the Mamluks era during the 14th and early 15th centuries. The piece was labeled “Al-Samad Astrological Images” and was valued at an estimate cost of £6,000 to 8,000, while the third manuscript is a text from the Holy Quran, dating back to the second half of the 14th century, and is estimated to cost between £6,000 and 8,000.

The fourth manuscript is part of the 14th century Quran scripts, estimated at a value of £8,000 to 12,000.

Now

Egypt mitigates, adapts to effects of climate change via 324 bn national projects: Minister

Published

2 months ago

June 8, 2022

Akram Moftah

CAIRO – 8 June 2022: Egypt has success story to share with the world during its presidency of the upcoming COP27 climate conference, stated Egyptian Minister of Environment, Dr. Yasmine Fouad.

She referred to Egypt’s national projects in the fields of mitigation and adaptation with climate change, saying that the cost of mitigation programs in Egypt reaches 211 billion dollars, and the cost of adaptation programs is about 113 billion dollars, with a total of 324 billion dollar.

Minister Yasmine Fouad further explained that the list of mitigation projects includes the establishment of the Benban Solar Energy Complex; the largest complex for generating clean electricity in the Middle East, in addition to energy efficiency projects, wind energy projects, and sustainable transportation such as the Monorail project and the expanded metro network.

She also highlighted other projects aiming to convert waste into energy, and helps in integrated waste management, such as biogas projects, sanitary landfills and recycling plants.

“As for the adaptation projects, they include water rationalization, canal lining projects, sea water desalination, sewage plants, and Haya Karima initiative as an integrated model for mitigation and adaptation projects to the effects of climate change,” she added.

This also includes the implementation of natural gas delivery projects, waste management, lining canals projects and Sewage treatment plants and afforestation.

Now

Allianz Egypt launches the first round of Allianz Athlete Experience for Egyptian Tennis Enthusiasts to support Mayar Sherif

Published

3 months ago

May 16, 2022

Akram Moftah

Cairo – May 2022: Being the exclusive official insurance sponsor of tennis champion, Mayar Sherif, the first Egyptian female tennis player to feature in the main draw of a Grand Slam tournament, Allianz Egypt launches the first round of one-of-a-kind initiative “Allianz Athlete Experience” for Egyptian tennis enthusiasts. The winners will enjoy an exclusive experience with Allianz Egypt brand ambassador and Tennis superstar Mayar in one of the sport’s most important tournaments at Roland Garros in Paris this May.
At a special ceremony held at Allianz Egypt Headquarters, Allianz Egypt announced the winners in the presence of Allianz Egypt Chairman and Board of Management, the President of the Egyptian Tennis Federation, and the winners of the competition, in addition to Allianz Egypt sports partners and ambassadors from the Olympic and Paralympic Champions.
“Over the years, Allianz Egypt, being the official insurance partner of the Olympics and Paralympics Movement, has ventured to be a strong contributor to the local sports ecosystem through supporting, encouraging and empowering national athletes and champions,” Ayman Hegazy, Chairman and CEO of Allianz Companies in Egypt, said.
Hegazy added, “We are extremely proud of our Golden girl and our Brand Ambassador Mayar Sherif for being the first Egyptian Female at Roland Garros. And we are diligent to continue providing all possible support and empowerment to her and all our champions.”

“I am honored to have Allianz Egypt – one of the distinguished sports promoters in the world- supporting me throughout my journey in raising Egypt’s name in major championships worldwide. This competition truly reflects the immense support and motivation I have been receiving from Allianz since day one and from my distinguished and strong Egyptian fan base that I sincerely and proudly consider a success.” Mayar Sherif said commenting on the initiative.
It is worth noting that Allianz Egypt intends to repeat this initiative for its ambassadors in different sports. This comes as a continuation of the company’s efforts to support the Egyptian sports ecosystem, with a special focus on tennis.
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About Allianz Egypt:
Allianz is a Multinational German insurer operating since 1890. Allianz in Egypt was founded in 1976, under the name of “Arab International Insurance Company”. It was fully acquired in 2004 by Allianz under its current brand names; “Allianz Life Assurance Company – Egypt” and “Allianz Insurance Company – Egypt”, providing comprehensive and integrated insurance services, such as life insurance, medical insurance, property insurance to business partners and individuals. The company has 14 branches and has accomplished strategic partnerships with major banks operating in Egypt.

Entertainment

Cairo Festival City Hosts “Wings for Life” Marathon for the First Time in Egypt

Published

3 months ago

May 9, 2022

Akram Moftah

In Cooperation with Red Bull, Ignite Egypt & Allianz Egypt with the Aim to Raise Donations for Spinal Cord
Cairo Festival City Hosts “Wings for Life” Marathon for the First Time in Egypt

Cairo – May 8, 2022: Cairo Festival City (CFC), an affiliate of Egypt’s leading real estate developer Al Futtaim Group Real Estate (AFGRE), hosted the “Wings for Life” marathon, which is taking place for the first time in Egypt. Taking place in cooperation with Red Bull, Ignite Egypt and Allianz Egypt, the event aims to support research to find a cure for spinal cord injury, one of the world’s most severe injuries and the most expensive to cure.

“Wings for Life” world run is a global running movement that was inaugurated in 2014 by the Wings for Life not-for-profit spinal cord research foundation. Supported by Red Bull, the marathon annually takes place all over the world simultaneously during the first week of May, with the participation of professional athletes, runners, and wheelchair participants from across the world. The global movement aims to collect funds to support cutting-edge research to find a cure for spinal cord injury and raise awareness about the risks of spinal cord injury.

Cairo Festival City is committed to host several events and marathons to raise awareness on different diseases and collect funds to support finding a cure for them. These events include the “Run for a Heart” marathon that aimed to raise funds for child’s heart diseases, and “Run for a Cure” marathon that aimed to raise awareness among women about early detection of cancer and supported efforts toward treatment.

About Cairo Festival City
Cairo Festival City’s lifestyle and amenities truly captivate the world’s attention, while setting a higher benchmark for integrated mixed-use community living, with many choices at hand. Setting the best example of a self-sustaining eco-friendly “City within a City”, CFC offers remarkable experiences for every resident, tenant and visitor with its avant-garde villas, lavishing apartments, high-end administrative offices, elite shopping mall, world-class hotels, international school, sports hub, state-of-the-art service centers, and sophisticated automotive park.

check Cairo festival city website