Connect with us

Now

Today,The African Caucus Conference In Sharm El Sheikh With Ministry Of Investment Is Going Uphill

Published

on

Today,The African Caucus Conference In Sharm El Sheikh with Ministry Of Investment has been a huge success and they’re taking a step to fix economical reforms that we face.

The opening of the annual meetings of the African Union of the World Bank and the Monetary Fund in Sharm El-Sheikh, attended by 40 African countries

Minister of Investment and International Cooperation, “Egypt is making every effort to promote the interests and priorities of African development during its chairmanship of the African Union … and call on the international financial institutions to play a bigger role in accomplishing the comprehensive economic transformation process adopted by our African countries.”

Dr. Sahar Nasr stated that “The President of the Republic has put forward an ambitious vision for a comprehensive economic and social reform program aimed at building a strong state. We call on the African countries to participate in the 2018 Africa Conference.” Also, the Minister of Finance said, “Meetings aimed at reaching unified proposals and policies that help the African continent to deal with global and development challenges.”

Dr. Muait came to the conclusion of that we carry out a package of reforms to support the private sector, headed by the implementation of the law of waiver of fines for delaying the payment of taxes and the adoption of a new and simplified tax system for small and micro industries and the activation of the new law of public contracting and the issuance of a uniform law for customs and expedite the implementation of the program of government proposals.

The annual meetings of the African Union of the World Bank and the International Monetary Fund (IMF), held under the auspices of the President of the Republic, Mr. Abdelfattah Al Sisi, opened on Sunday morning 4 August 2018 in support of the African continent’s issues in international financial institutions and forums. In cooperation with the Central Bank Of Egypt, under the patronage of Dr. Mustafa Madbouli, Prime Minister, today and tomorrow, in the city of Sharm El-Sheikh, in the presence of 40 countries from within and outside the African continent.

The meeting was chaired by Dr. Sahar Nasr — Minister of Investment and International Cooperation, and Dr. Mohamed Maait — Minister of Finance, in the presence of Dr. Rania Al Mushat — Minister of Tourism, Dr. Yasmin Fuad — Minister of Environment, Dr. Hala Zayed — Minister of Health, Minister of Agriculture, Amr Nassar —Minister of Trade and Industry, Major General Khalid Fouda —Governor of South Sinai, and representatives of major international institutions, including Dr. Mahmoud Mohieldin — First Vice President of the World Bank, Mr Sergio Pimenta — Vice President of the International Finance Corporation for the Middle East; Africa, Ms. Keiko Honda — Chief Executive Officer of the Multilateral Investment Guarantee Agency, Mr. David Robinson — African Administration of the International Monetary Fund, Mr. Giyath Chapsig — IMF Expert on Banking and Finance, and lasty, Mr. Charles Collins — Chief Economist of the Multilateral Investment Guarantee Agency; Institute of International Finance.

Dr. Sahar Nasr, Minister of Investment and International Cooperation, stressed that President Abdel Fattah Al-Sisi has put forward an ambitious vision for a comprehensive economic and social reform program aimed at building a strong state and re-orienting the Egyptian economy and putting it on its right path. Institutional and structural systems. These steps have won the confidence of international institutions, including the World Bank and the International Monetary Fund, which have always been strategic partners with the Egyptian government, especially in recent times. Egypt is exerting all efforts to promote the interests and priorities of African development We are committed to implementing the African Union’s agenda for the achievement of the World Development Goals of 2063 to deepen cooperation among African countries through specific programs of economic integration, especially in the areas of investment, trade and infrastructure development, investment in human capital Through the promotion of education and health care to achieve greater employment opportunities, and fight poverty and equitable participation in the benefits of economic growth.

“We are pleased to host the annual meetings of the African Union of the World Bank and the International Monetary Fund, which, during the current meetings, lead us to work together to discuss and formulate a unified vision to strengthen cooperation between African countries and the Bank,” she said. Including the drafting of an ambitious project for the document to be presented by the African Group to the two institutions at the next annual meetings in October 2018, and in line with the developmental aspirations of our peoples, to deepen economic integration through increased investment The promotion of the role of the private sector, the development of mechanisms for financing and financial inclusion, the promotion and diversification of exports and the increasing role of African States in the international financial system, all with the aim of comprehensive and sustainable economic growth that affects all segments of society in our African continent.

In line with these objectives, the current meetings will focus on discussing a number of issues affecting the reality of the African economy through specialized sessions that discuss how to remove the obstacles facing the private sector, build on successful international experiences in private-public participation, and facilitate procedures to attract investment. And discussing the best ways to promote and diversify exports. We will also discuss the financial coverage and how to provide funding for all projects, not just big projects, but small and micro, and maximize the benefit of the countries of the continent to benefit from technology.

The Minister pointed out that Egypt, the current Chairman of the African Group at the World Bank and the IMF, calls on the international financial institutions to play a bigger role in achieving the comprehensive economic transformation adopted by our African countries over decades. We aim to complete the joint effort To develop better opportunities for the economies of our continent, working hard to raise the standard of living of our peoples for the advancement of our African continent for decades.

The Minister stressed that effective participation between the countries of the African continent and international institutions should be based on prioritizing the African citizen in the forefront and focusing on supporting national programs and national projects. The aim of these communities is to develop economic relations between the countries of the continent and to strengthen economic and trade integration between our countries, Infrastructure projects and networks of electricity and new and renewable energy, maximizing the use of our natural and human resources and our strategic position on the global map to support the development efforts of our continent.

Successful economic success is based on the political will and vision adopted by countries, especially with regard to the realization of young people’s hopes for greater participation in their country’s economy through the establishment of entrepreneurship projects, support for entrepreneurship and better employment opportunities, as well as the promotion and contribution of women in development programs. Citizen is the main axis of development.

The minister said that as usual, “we meet to achieve our common goals towards greater integration and joint action, which we hope to achieve during the current meetings through fruitful discussions based on our achievements and strive for more for the well-being of our peoples and an effective partnership with international institutions. We are honored to invite you to participate in the 2018 Africa Conference under the patronage of President Abdel Fattah Al Sisi, to be held in Egypt in Sharm El-Sheikh, which is one of the most important events to promote investment and entrepreneurship and enhance the economic role of women. Chaired by the African Union, and I wish the success of the activities of this gathering and the next conference to achieve the good of our countries and peoples. Thank you and I repeat my welcome to you on the land of Egypt.”

For his part, Minister of Finance Dr. Mohamed Moait stressed the importance of the high-level meetings of the IMF and World Bank Group of African Countries for the 2018 African Cacus, which is currently being held in Sharm El-Sheikh. This year’s annual conference focuses on discussing issues related to the promotion of inclusive growth The African continent and increase the role and contribution of the private sector investments in the continent and the payment of African exports.

These meetings are aimed at reaching unified proposals and policies that will help the African continent to deal effectively with the global and development challenges of its countries, as well as to present a unified position to the demands of African countries from international institutions, led by the International Monetary Fund and the World Bank.

He pointed out the Egyptian government’s intention to continue implementing its comprehensive economic reform program, which will be based on the successes achieved in previous years, mainly the stability and improvement of macro-economic indicators represented by the growth rates to reach 5.3% in 2017/2018. 10.6% in March 2018, and the increase in the foreign reserves balance to reach record rates and reassurance of more than 44 billion dollars, and the government’s continued determination to carry out the duties of the President during the coming period.

The Minister of Finance explained that the Egyptian government has a comprehensive program and vision in this regard, as the work is being carried out on all the following axes, “Increasing the competitiveness of the Egyptian economy from Through the adoption of a flexible exchange rate system, the continued efforts to properly price inputs of production, the elimination of all obstacles facing the private sector and export activities, and the use of savings and surpluses resulting from the implementation of financial reforms on the items of income and expenditure to improve the Infrastructure and services provided to citizens, including the expansion of natural gas delivery network for homes and factories, increasing the access of citizens to clean water and the access of sewage networks to all cities and regions, and working to increase and improve the efficiency of the Egyptian road network to link cities and new productive and residential areas.”

The current network of the subway in Cairo and work to improve the quality of services provided, and the continuation of the national program to provide economic housing suitable for all classes, especially for slum dwellers, the implementation of a package of reforms to support the private sector, headed by the implementation of the law on waiver of fines for tax arrears in a manner that ensures the end of the problem of arrears of tax and parallel the restoration of public treasury rights, the adoption of a new and simplified tax system for small and micro industries, and the activation of the new law of public contracting.

The private sector of the system of government tenders and the ease of providing services to state agencies, and the issuance of a unified law of customs in a way that increases the competitiveness of the Egyptian economy and works to become customs outlets in order to facilitate international trade and facilitate payment and the Lord To facilitate the implementation of the government proposals program in order to contribute to the activation of the Egyptian Stock Exchange, increase its market value, expand the ownership base, attract private investments, provide sources of income for the public budget, improve governance, disclosure and transparency in government companies and provide Resources to finance the expansion of companies that contribute to the state without resorting to borrowing, and the expansion of the implementation of investment projects And increase the support for export activities, while linking any additional incentives with performance indicators to ensure an increase in the Egyptian export revenues at high and sustainable rates and opening new markets for Egyptian exports and products.

Algeria, Sudan, Libya, Morocco, Mauritania, Comoros, Angola, Botswana, Burkina Faso, Cameroon, Côte d’Ivoire, Eritrea, Ghana, Guinea, Equatorial Guinea, Lesotho, Madagascar, Malawi, Mali, Mozambique, Namibia, Nigeria, Congo, Senegal, South Africa and South Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe, the Sao Tome and Principe Islands, as well as senior officials from the World Bank, the International Monetary Fund and major economic powers affecting the continent’s economy The United States of America, the United Kingdom, France and Japan.

In my opinion, maybe this is the first step for Egypt’s economical benefits and someday we’ll rise up, soon!

Now

The Girls Who Burned the Night is competing for three awards at the Palm Springs Festival in the United States.

Published

on

The Girls Who Burned the Night -produced by Jawahar AlAmri, and Writen and directed by Sarah Mesfer- continues its releases at international film festivals, and its traveling to the United States to participate in the Palm Springs International Shortfest , which is one of the most prestigious short film festivals, and includes more than 300 films from around the world. Located in the state of California, the short film is nominated for 3 awards: Best of the Festival Award, Best Live-Action Short 15 Minutes and Under, and Best Student International Short.

The film has also travelled to Lebanon to participate at the Beirut International Women Film Festival. The Girls Who Burned the Night has also taken part in Toronto Arab Film Festival, and received a honourable mention, after competing at the 42nd Cairo International Film Festival, by the jury of Cinema of Tomorrow.

The film traces two sisters, Salsabeel and Wassan on an engagement night, after one of them was denied to go to the nearby grocery store. We can see the post – rejection restriction of the two sisters and being pushed to discover themselves and each other, and survive the harsh aspects and curves that never occurred to them would happen. The film is starring Jana Qomari, Haya Maraabi, and written and directed by Sara mesfer, produced by Jowaher Alamri , co-produced by Raghad Bajbaa, with Khalid Moeit as an associate producer.

The producer, Jawahar AlAmri, is a film maker with six years of experience. Her short film, The Girls Who Burned the Night, is one of her most recent projects as producer which has participated in several film festivals. Most notably, it participated in the 42nd Cairo International Film Festival and received a jury honorable mention, along with its participation at the Toronto Arab Film Festival. Another recent project of hers is directing Gathering With the Cosmos, a part of the feature anthology film that was directed with the support of the Red Sea Film Festival. She has also participated in the production of the feature film Forty Years and a Night, which took part in the Malmo Arab Film Festival in 2021. She has also participated in the production of an Egyptian film for the first time. Jowaher AlAmri is directing and writing her first feature film Aziz Halah, which was accepted at the Red Sea Film Festival’s lodge, in collaboration with the Torino Film Lab. Jowaher is currently involved as a writer for a Saudi television series on SBC.

Sara Mesfer is a Saudi Director based in Jeddah, Saudi Arabia. She holds a bachelor degree in Cinematic Art from Effat University, Saudi Arabia.

She started her journey working in different roles in films that participated in local and international film festivals, In addition to her work in VICE videos as Director and Producer. In 2018 she wrote and directed her first short film “Balcony” alongside with producing “Sadeya Left Sultan” that won the jury award in Saudi film festival in 2018, and screened in Malmo Arab film festival along with other regional festivals.

In 2019 she Wrote and Produced “Quareer, Chapter Three” a short film as part of “Quareer” Collective Feature Film that highlights five different stages of a woman’s life in Saudi Arabia.

in addition to films, Sara is part of the writing team of the first immersive theatre in Saudi Arabia “Bait Al Dahaleesi” that played in 2019.

Sara Wrote and Directed her short “The Girls who Burned The Night” in 2019, Followed by her participation as a Writer and Director of “Al Dabah” in Becoming Omnibus Feature with four female directors by the support of Red Sea Festival foundation in 2020.

Continue Reading

Now

“Committed to People, Committed to the Future” INFINIX CSR initiative during Ramadan.

Published

on

INFINIX  adopts a sense of community with empathetic and emotional communication that creates the traditional feeling of togetherness, companionship, and hope, despite social distancing.

As part of INFINIX  core values to localized development, which in its continuous and deep involvement with local economic and social development in major emerging markets and its focus on win-win cooperation with local people.

Believing that the profitable growth of our company depends on the education, environmental and social sustainability of our communities across the world. And we know it is in our most beneficial interests to contribute to the sustainability of those communities.

We are delighted to announce the “Committed to People, Committed to the Future” Corporate Social Responsibility campaign. Our most recent philanthropic activity will obtain the distribution of 1300 meals during Ramadan in upper Egypt.

This social Annual initiative is in collaboration with “Misr EL KHEIR “charity organization based in Egypt will be responsible for the distribution of 1300 boxes to support the needs of underprivileged families who struggle poverty in some counties in Upper Egypt.

Commenting on this latest initiative (Chris Xu ) “The holy month of Ramadan is all about giving and generosity. For this reason, Company carefully selected the activities and programs that most presented another value to all segments of society. Ramadan Mubarak to everyone!”

INFINIX will continue its “Committed to People, Committed to the Future “CSR activities not only in philanthropy like Humanitarian initiatives and Ramadan services and competitions but also in youth educational programs, sports sponsorship throughout 2021.

 

Continue Reading

Now

Al-Futtaim’s Cairo Festival City Hosted Misr El-Kheir’s

Published

on

38 Fully-Loaded Trucks Food Convoys to 12 Underprivileged Governorates

Cairo Festival City (CFC) – one of Al-Futtaim Group Real Estates’ well-renowned landmarks in New Cairo – has proudly hosted the 2nd batch of Misr El-Kheir Foundation’s food convoys. The initiative is held under the patronage of the Ministry of Social Solidarity and in collaboration with the Ministry of Youth & Sports to launch 38 fully-loaded trucks carrying around 490 tons of food supplies to 12 underprovided governorates.

“Al-Futtaim Group Real Estate, hand in hand with the Ministries of Social Solidarity and Youth & Sports along with Misr El-Kheir Foundation, took pride in successfully launching the 2nd batch of food convoys from Cairo Festival City premises as part of Iftar Saem Campaign 2021. Assembling together the arms of Sustainable Development Golden Triangle, our joint philanthropic endeavor aimed at providing underprivileged villages and vicinities across Egypt with much-needed nutritional supplies.” said Managing Director of Al-Futtaim Group Real Estate, Eng. Ashraf Ezz El Din.

Ezz El Din added: “Building upon our long-witnessed CSR initiatives, Al-Futtaim Group Real Estate played a pivotal role in such humanitarian event by diligently equipping a slot at Cairo Festival City to properly & safely serve packaging practices; giving due concern to social distancing.”

About CFC:
Cairo Festival City is a pioneer of integrated mixed-use community developments that range from residential to commercial and entertainment apparent by how Cairo Festival City Mall is bordered by residential projects, managerial and administrative centers, and an international school. Cairo Festival City is experiencing a boom in construction rate (in cooperation with the largest contractors in Egypt) and is soon expected to be the pinnacle of integrated mixed-use community living by presenting the benefits of both luxury and practicality. Cairo Festival City is strategically located in the heart of New Cairo over 3 million sqm of land and is in close proximity to Maadi, Mokkatam, Heliopolis, and Nasr City. It is also a short, 15-minute drive away from the Cairo International Airport.

Continue Reading
Event calender
Cinema calender

Cinema calender

Facebook

Fashion

Categories

Top Posts

Trending

X