Daily News Egypt https://wwww.dailynewssegypt.com Egypt’s Only Daily Independent Newspaper In English Sat, 28 Mar 2020 07:00:48 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.1 Entreprenelle: unlocking the potential of Egypt’s female entrepreneurs https://wwww.dailynewssegypt.com/2020/03/28/entreprenelle-unlocking-the-potential-of-egypts-female-entrepreneurs/ Sat, 28 Mar 2020 07:00:48 +0000 https://wwww.dailynewssegypt.com/?p=726224 Entreprenelle mainly aims to support local women economically by educating, training and linking them to all the possible entrepreneurship resources. 

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Driven by passion and love for the entrepreneurship, an Egyptian woman, Rania Ayman, has founded in 2015 the social development and business impact organisation named “Entreprenelle.”

Entreprenelle mainly aims to support local women economically by educating, training and linking them to all the possible entrepreneurship resources. 

Since 2017, Entreprenelle holds an event called “SHE CAN”, that addresses entrepreneurial activities for women from all ages in four areas: education, media, technology, and creative industries, becoming the leading female entrepreneurship event in the Middle East and North Africa (MENA) region. 

Daily News Egypt interviewed Ayman to learn more about her journey with Entreprenelle, and She CAN, shedding light on the female entrepreneurship in Egypt, highlighting the challenges and the opportunities there. 

What is the main idea behind Entreprenelle? How did the idea of ‘SHE CAN’ originate?

When I used to work in development, I noticed that women rarely attended our entrepreneurial events; few women attended the events that focus on technology and entrepreneurship. This reflected the harsh truth of the entrepreneurial scene then, where at some events, the only woman attending would be a fiancée or wife of a speaker. This was a wakeup call for me, and after intense research, I decided to create Entreprenelle, as a social entrepreneurship model that would enable Egyptian women to establish their businesses, and assist them in doing so through networking and marketing.

Afterwards, we wanted to create a hub to celebrate and support women entrepreneurs, and become a centre for sharing experience, support, and invest in rising female entrepreneurs.

Rania Ayman

What is the goal that SHE CAN aims to achieve?

We work through three main pillars at Entreprenelle: awareness, education, and resources accessibility. We consider SHE CAN the pinnacle of our annual activities, through which we conclude all of our successes and functions, and celebrate the most improved businesses. SHE CAN event targets elevating female entrepreneurs, and provides them with access to a vast network of investors and experts in the entrepreneurial ecosystem. It also seeks to enable female entrepreneurs, decision-makers, and market leaders through matchmaking activities with corporates and investors.

What is the difference between the first and latest edition of SHE CAN events?

SHE CAN had humble but great inception at the Great Cairo Library back in 2017, where no more than hundreds of successful ladies gave talks about their businesses for about 500 ambitious attendees. The first SHE CAN event theme was ‘They did it. So can you!’, we wanted to encourage ladies who wanted to establish their businesses by creating a network of women helping each other, by presenting the most inspiring successful female entrepreneurs.

Since then, and through hundreds of sessions and workshops over four years, SHE CAN has grown to become the biggest event for women entrepreneurs and “want-preneurs” as we call them. We have hosted 3 SHE CAN events that saw over 8,000 attendees seeking encouragement and inspiration from our partners, and this year we managed to host 6,000 attendees.

This year, SHE CAN’s objective was to enable and inspire women to start fresh after learning from the challenging events of 2019.

What was different in this year’s edition?

Every year, Entreprenelle seeks to innovate its approach through SHE CAN, to support female entrepreneurs. Generally, 2019 was a challenging year that hit the entrepreneurial community as a whole. Therefore, we decided that SHE CAN 2020’s theme should be ”Fresh Start”, to encourage female entrepreneurs to start over and start better, regardless of their failures in 2019. SHE CAN 2020 also was seeking to appraise women entrepreneurs who made progress and achieved remarkable milestones and allow them to reflect on their successes.

How many participants and speakers attended this year’s event? How many panels and workshops were held?

Following last year’s success, several influential figures showed great interest in attending as speakers and panellists. Similar to last year, we held training sessions, workshops and masterclasses, where over 100 experts delivered their knowledge to SHE CAN attendees. Moreover, we held multiple panel discussions and talks on the main stage, including numerous successful entrepreneurs from different fields.

What is the average age for participating female entrepreneurs?

SHE CAN brings together women in one place for empowerment and inspiration, disregarding any differences between them, that’s why our participants’ age range varies, there is no standard. This comes from our immense belief in ”equality” regardless of age or origins.

Does Entreprenelle provide financial assistance for female-owned projects? If yes, how many startups did you assist?

Entreprenelle does aim to empower women economically, however, we target to achieve that through more sustainable solutions. That can be implemented through education, training, and entrepreneurship resources. We hold several functions to benefit women entrepreneurs through workshops, crash courses, and master-classes with field experts. We became a hub and a strong network of encompassing veterans and beginners of the entrepreneurial ecosystem, providing access to knowledge, market, and capital. In several cases, we provided graduates from our programmes with contacts to assist them in their production and facilitate their operations.

To what extent did the government and concerned bodies help in launching this event?

One thing that makes us proud is how diverse our partners’ list is. We have collaborated with public and private entities that believed in the power of SHE CAN in its early years and helped us attain the current stature that the event has today. Among our partners were the National Council for Women, the UNICEF, the US Embassy to Egypt, the Embassy of Sweden, the United Nations Entity for Gender Equality and the Empowerment of Women (UN WOMEN). Our partners’ list also includes the most prominent international and Egyptian corporates such as PepsiCo Egypt, IBM, Unilever, and AVON.

How do you evaluate the success of female entrepreneurs now?

The success of women entrepreneurs mainly depends on the nature of their businesses. Yet, we believe that evaluating successful entrepreneurs is based on how far they take their projects after receiving the proper support to do so. How does the project contribute to the development of the Egyptian community? And finally, how much have they contributed to the upscaling of the female entrepreneurial ecosystem.

We apply this method of evaluation to all the projects we graduate from Entreprenelle, and we constantly seek to empower our graduates to provoke a meaningful change in their communities. 

Throughout your journey with Entreprenlle, which fields do female entrepreneurs prefer?

After years of experience with female entrepreneurs, we defined four sectors that most of our partners and graduates are interested in joining. Namely; Fashion, Food, Crafts, and Events. Accordingly, we assist women by educating them on business modelling, marketing basics, branding, pricing, sales, business development, and financial literacy. Furthermore, we will be focusing on a new vertical that supports women in the natural products sector. 

What are the sectors that you hope to see more women join?

Believing in gender equality, we wish to see more women in all fields and sectors, which is the main purpose of SHE CAN; celebrating success stories and most improved businesses to inspire women to establish their businesses and achieve the ambitions. SHE CAN also brings together an enormous pool of new startups who want to kick off their businesses, and showcase their products, as well as expose them to different potential investors. This leads to promoting innovation within the entrepreneurial sector, as well as empowering and encouraging women to set up their businesses, hence reducing the gender gap.

What are the obstacles facing female entrepreneurs in the MENA region and Egypt?

In general, Entrepreneurs in Egypt face three main challenges; access to formal training for business management, access to digital communication for business purposes, and access to research and development. Specifically, female entrepreneurs suffer from gender stereotypes, as potential business partners do not perceive them seriously as business leaders. However, this is changing in Egypt, as we are becoming one of the leading countries to accommodate women in the entrepreneurial ecosystem, as younger women between the ages of 18 and 24 are starting businesses at more than twice the rate of men in Egypt.

In your opinion, how can Entreprenelle or SHE CAN help entrepreneurs overcome the obstacles they face?

Being a social development and business support organisation, Entreprenelle’s main goal is to assist women in overcoming challenges they face as entrepreneurs. We connect women to a network of investors, experts, and mentors from which they can benefit, as well as other women entrepreneurs in situations of mutual benefits. Additionally, Entreprenelle activities span all year long, incorporating entrepreneurship incubation and acceleration programmes, and crash courses for the benefit of female entrepreneurs.

What are the opportunities of women economic empowerment in Egypt and the MENA region?

According to the Global Entrepreneurship Monitor, the highest rates of women’s entrepreneurial intentions globally were reported in the MENA region at 36.6%. This reflects both the enthusiasm and potential of women in the MENA region towards entrepreneurship. This percentage, which is currently on the rise, is a green light for us to continue our efforts of empowering women in Egypt and the MENA region, and one of the reasons why Entreprenelle will be expanding in the Kingdom of Saudi Arabia soon. This move will be our first towards regional expansions, where we hope to empower more women to achieve their dreams.

How do you view Egypt’s women empowerment efforts?

Women empowerment is growing exponentially in Egypt, and having nine women as ministers in the current cabinet is a testament to the government’s keenness on achieving equality and women empowerment. The announcement of 2017 as the “Year of Egyptian Women” was a progressive step emphasising Egypt’s commitment to supporting women’s empowerment and rights. The Egyptian entrepreneurial field also saw a surge in the numbers of women both leading and joining startups, where the highest rates of women’s entrepreneurial intentions globally were reported in the MENA region at 36.6%.

What are your aspirations?

From the beginning, Entreprenelle’s goal as social development and business impact organisation is to support local women economically. We have reached significant milestones within 4 years; impacting more than 50,000 Egyptian women and generating more than 1000 Projects, yet a lot of work remains to be done. We hope that all Egyptian women can achieve their ambitions and establish their businesses, and we are working to attain this vision by supporting the female entrepreneurship ecosystem in Egypt. 

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African leaders agree to establish joint fund for combating Covid-19 https://wwww.dailynewssegypt.com/2020/03/26/african-leaders-agree-to-establish-joint-fund-for-combating-covid-19/ Thu, 26 Mar 2020 19:31:05 +0000 https://wwww.dailynewssegypt.com/?p=726222 Al-Sisi calls upon G-20 to relieve debts on African nations

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President Abdel Fattah Al-Sisi discussed with other African leaders the coronavirus (Covid-19) pandemic and its impacts on the continent, as well as possible means to end the crisis before the Group of 20 (G-20) emergency virtual summit scheduled on Thursday.

During the Thursday multilateral African conversation – also virtual – the leaders agreed to establish a joint fund dedicated to provide the required resources for combating the spread of the Covid-19 and limiting its economic impacts on Africa. 

Al-Sisi stressed Egypt’s commitment to provide the needed financial support to the proposed fund and the Africa Centers for Disease Control and Prevention.

African leaders also agreed to form a working group under the African Union to exchange data and information related to Covid-19. 

Meanwhile, the Egyptian president called on G-20 countries to suspend or cancel debt payments for African nations, so that they can have enough liquidity to tackle the Covid-19 impacts.

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Fawry’s co-founder to establish $25m FinTech-focused VC fund https://wwww.dailynewssegypt.com/2020/03/26/fawrys-co-founder-to-establish-25m-fintech-focused-vc-fund/ Thu, 26 Mar 2020 19:01:55 +0000 https://wwww.dailynewssegypt.com/?p=726208 Fund’s promotional campaign to start after coronavirus crisis ends

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Mohamed Okasha, co-founder of Fawry for e-payments, announced on Thursday that he will establish a $25m venture capital (VC) fund to invest in financial technology (FinTech) startups which are in Pre A stage.

He also resigned from his position in Fawry as managing director, but he will stay in the company as non-executive board member.

Okasha told Daily News Egypt that the fund aims to invest in FinTech-focused startups to help them grow rapidly in exchange for a minority stake of equity — less than 50% ownership — in those companies.

He noted that the promotional campaign of the VC fund will be launched after the end of the coronavirus crisis (estimating the period at two months), and that he will take over the promotion with other partners without investment banks.

Okasha refused to disclose Fawry’s or other partners’ shares in the fund, saying that Fawry will have a minority stake.

Meanwhile, Fawry said in a statement that its board had accepted Okasha’s resignation effective from 1 April, and appointed Ashraf Sabry as managing director. In addition, the company agreed to invest in the new fund.

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CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative https://wwww.dailynewssegypt.com/2020/03/26/cbe-includes-agricultural-aquaculture-production-firms-in-egp-100bn-industry-support-initiative/ Thu, 26 Mar 2020 18:59:44 +0000 https://wwww.dailynewssegypt.com/?p=726218 Initiative allows access to subsidised loans at declining 8% interest rate

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The Central Bank of Egypt (CBE) has decided to include agricultural and aquaculture production companies, with annual business or revenues ranging between EGP 50m and EGP 1bn, in its EGP 100bn initiative to boost manufacturing by allowing access to subsidised loans at a declining 8% interest rate.

The CBE also informed banks operating in Egypt that it will continue its initiative issued on 12 July 2017 to support small-sized agricultural production companies, with annual sales or revenues ranging between EGP 250,000 and EGP 50m, to access credit facilities at a declining 5% interest rate.

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Cabinet discusses irregular employment situation amid coronavirus precautions https://wwww.dailynewssegypt.com/2020/03/26/cabinet-discusses-irregular-employment-situation-amid-coronavirus-precautions/ Thu, 26 Mar 2020 18:48:25 +0000 https://wwww.dailynewssegypt.com/?p=726214 Transportation Ministry to increase number of metro trains to ease crowding

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Prime Minister Mostafa Madbouly announced forming a working group under his chairmanship to manage the situation of the irregular employment amid the coronavirus crisis. 

During the Thursday cabinet meeting via videoconference, Madbouly stressed the necessity of reducing the number of employees in office at government facilities to the least possible limit, to ease pressure on transportation and reduce gatherings. For employees not working in the same governorate of residence, they will be given a paid vacation until further notice.     

He noted that the cabinet held its meeting via videoconference to set an example for other entities in the public and private sectors to limit gathering and turn to digital alternatives.

As for the circulated scenes on social media of overcrowded metro stations in Cairo, Minister of Transportation Kamil Al-Wazir said the rush period was between 17:00 and 19:00, while the number of commuters in different metro stations was normal during the rest of the day. However, he announced that the ministry will increase the number of trains to reduce the crowding. 

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Brazilian football stadiums transformed into hospitals to treat coronavirus patients https://wwww.dailynewssegypt.com/2020/03/26/brazilian-football-stadiums-transformed-into-hospitals-to-treat-coronavirus-patients/ Thu, 26 Mar 2020 11:30:06 +0000 https://wwww.dailynewssegypt.com/?p=726167 The authorities in Sao Paulo, Brazil's largest city, have confirmed that they will accommodate 2,000 hospital beds to the Pacaembu Stadium and the Anhembi convention centre over the next few weeks.

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Several major football clubs in Brazil have contributed to fighting the spread of the novel coronavirus (COVID-19). Major clubs have offered their facilities to tackle the spread of the coronavirus outbreak in Brazil, turning them into field hospitals to treat coronavirus cases.

In the densely populated cities of Sao Paulo and Rio de Janeiro, the cities with the largest number of confirmed cases and deaths. As of Wednesday morning, Brazil has 2,247 confirmed infections and a death toll of 46.

The authorities in Sao Paulo, Brazil’s largest city, have confirmed that they will accommodate 2,000 hospital beds to the Pacaembu Stadium and the Anhembi convention centre over the next few weeks.

On Friday, Health Minister Luiz Henrique Mandetta predicted the virus would reach its peak in the country between April and June, anticipating a drop in COVID-19 infections from September.

Mandetta warned the health system in the country of 210 million people could reach saturation by the end of April.

Also, the iconic Maracana in Rio de Janeiro — host of the 2016 Summer Olympics and Paralympics and the 2014 FIFA World Cup final — will be transformed to accommodate the rising number of cases in the South America country. Flamengo President Rodolfo Landem, the holder of the local league title and the Copa Libertadores continental competition, confirmed that he would present the famous Maracana stadium to health authorities.

“In this grim moment, I wanted to invite our great Red and Black nation to renew hope and work for better days. Let us take care of our elders, help those who need it most,” Flamengo president Rodolfo Landim wrote in a message to supporters.

Other clubs have offered their facilities to tackle the spread of the coronavirus outbreak, including Corinthians, Santos, Sao Paulo and Goias, which said it would offer its Serrinha stadium as a vaccination centre.

The Brazilian Football Confederation suspended all football last week, amid the coronavirus pandemic.

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Amid coronavirus outbreak, Egyptian Premier League cancellation seems inevitable  https://wwww.dailynewssegypt.com/2020/03/26/amid-coronavirus-outbreak-egyptian-premier-league-cancellation-seems-inevitable/ Thu, 26 Mar 2020 11:00:51 +0000 https://wwww.dailynewssegypt.com/?p=726162 Major clubs face financial losses, small clubs to suffer

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The cancellation of the Egyptian Premier League competition and other leagues in the coming days seems inevitable, in light of the government’s efforts to limit the spread of new coronavirus, halting all sports activity until the end of this month.

Egyptian Football Association’s five-member normalisation committee is well aware of the severity of the situation. Almost half of the league matches have not been played yet and is no available time. As sports activity halt is expected to extend further.

League cancellation will hurt Egyptian Second Division teams, which approached the promotion to the premier league.

Egyptian Second Division teams are wondering if their league will be cancelled as well, or will three teams promote to the premier league to bring the total number of teams to 21, as the second division has only five rounds left. This will be answered by the EFA as soon as possible.

The normalisation committee is appointed by FIFA, which would allow them to take tough decisions without fearing the impact of their re-election chances.

Certainly, financial losses will be disastrous in this case and will be suffered by all clubs, especially major ones such as Al-Ahly, who has a sponsorship contract worth EGP 500m. While smaller clubs are poised to suffer.

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Footballers continue to lead by example during coronavirus pandemic https://wwww.dailynewssegypt.com/2020/03/26/footballers-continue-to-lead-by-example-during-coronavirus-pandemic/ Thu, 26 Mar 2020 10:30:53 +0000 https://wwww.dailynewssegypt.com/?p=726163 Lewandowski and his wife donate €1m, Joshua Kimmich and Leon Goretzka initiative raises €2.5m

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As the coronavirus pandemic swept the world, affecting millions around the globe, it has brought out the best in some people.

With the footballing world put on hold as a result of the COVID-19 pandemic, footballer joined the fight against the pandemic, helping out those on the frontlines of the battle against coronavirus.

Top footballers in Europe, Egypt, and elsewhere donated large sums of cash to help fight COVID-19. Also, football club owners, as well as clubs, have transformed their facilities into centres critical to the fight against the virus.

The Polish Bayern Munich striker, Robert Lewandowski, and his wife Anna Lewandowska decided to donate €1m to fight the coronavirus.

“Today we all play in one team. Let’s be strong in this fight and be unanimous,” Levandowski said. “If we can help someone, let’s do it.”

He added: “The situation affects each of us, we do not choose, so once again we ask: Let us follow the recommendations, listen to those who know each other well. Let’s be responsible.”

The German and Bayern Munich duo Joshua Kimmich and Leon Goretzka started the #WeKickCorona initiative and donated €1m to help charitable associations and social institutions.

Mats Hummels, Jonas Hector, Julian Draxler, Leroy Sane, Julian Brandt, Sead Kolasinac and a host of other high-profile footballers have also joined the initiative which has now raised €2.5m, which will be channelled to the relevant health organisations in Europe.

In England, the Ivorian Crystal Palace striker Wilfried Zaha has offered free use of 50 properties to NHS staff who are battling the coronavirus outbreak.

While, Liverpool forward Sadio Mane made a donation of around €45,000 (Sh5.1 million) to the national committee fighting the COVID-19 in his home, Senegal, according to BBC.

Manchester United legends, Ryan Giggs and Gary Neville decided to will give health workers free access to their hotels from this weekend in a show of solidarity during the coronavirus outbreak. Chelsea has also opened the Millennium Hotel at Stamford Bridge to NHS staff for an initial two-month period.

While Manchester clubs, Manchester City and Manchester United have joined forces to donate a combined sum of £100,000 to local food banks.

In response to an initiative launched by the fans of the two teams, each team decided to provide £50,000 in favour of the Trussell Trust which supports a network of over 1,200 food bank centres

A joint statement of the two clubs said: “We are proud of the role our supporters play in helping local food banks and recognise the increased strain likely to be placed on these charities by the impact of coronavirus.”

It added: “At a time of challenge for our community, we are pleased to come together with our fans to help vulnerable members of society in a City United.”

Milan striker Zlatan Ibrahimovic has set up an online fundraiser to help fight the coronavirus pandemic – and pledged €100,000 to the cause himself.

Ibrahimovic said on his Instagram account: Italy has always given me so much and, in this dramatic moment, I want to give back even more to this country that I love,” he said in a video message to launch the fundraiser. “I count on the generosity of my colleagues, of all professional athletes and of those who want to make a small or large donation according to their possibilities, to kick this virus away. Together we can help hospitals and doctors and nurses who selflessly work every day to save our lives. Because today we are the ones cheering for them!”

Belgian striker Romelu Lukaku of Inter Milan has donated €100,000 to a Milan hospital to fight the coronavirus pandemic.

In a Twitter video, Lukaku said: “At this difficult time we have to stay united and stay at home. Italy is an incredible country that has done so many good things for me and my family. That’s why I want to help this country by donating €100,000 to the San Raffaele Hospital. It would be great if you could help support the people and the hospitals too. Let’s stay united and stay strong everyone.”

As for Napoli player Lorenzo Insigne, he donated €100,000, while Leonardo Bonucci, Juventus defender and his wife, donated €120,000 in Turin, and Steven Zhang, president of Inter Milan, donated €100,000. Andrea Anelli, the president of Juventus, donated €10m and James J. Pallotta, President of Rome AC, donated €50,000 to a hospital.

In Egypt, Tarek Hamed, midfielder of Zamalek, topped the Arab stars in donation campaigns to eradicate the virus, and the list also included Moroccan Achraf Bencharki, Tunisian Fakhreddine Ben Youssef of Ismaily, Moroccan Walid Azaro, striker of Al-Ahly loaned to the ranks of the Saudi Ettifaq FC, and Moroccan Hamid Ahadad, Zamalek winger loaned to the ranks of Raja Al-Maghrabi.

Saad Samir, Al-Ahly’s defender, launched a campaign to sponsor several families affected by the Coronavirus and torrential rains that hit the governorates of Egypt recently. The campaign picked up momentum and other celebrities joined.

Walid Soleiman, the player of Al-Ahly, announced that he will sponsor 20 families, each of his teammates Ahmed Fathi and Hussein El Shahat will sponsor 30 families, the goalkeeper Mohamed Al-Shenawy and Karim Nedved will sponsor 20 families, while Tarek Hamed, Mahmoud Alaa, and Shikabala, players of Zamalek, will each sponsor 30 families.

 

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Mobile networks remain a critical backbone in times of crisis: Ericsson https://wwww.dailynewssegypt.com/2020/03/26/mobile-networks-remain-a-critical-backbone-in-times-of-crisis-ericsson/ Thu, 26 Mar 2020 10:00:06 +0000 https://wwww.dailynewssegypt.com/?p=726157 Mobile networks also provide new opportunities by making work from home viable amid coronavirus pandemic, he continued.

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Borje Ekholm, President and CEO of Ericsson, has said in a time of crisis, information and communication are critical. He added: “Mobile networks are an essential part of the communications backbone that enables health workers, public safety officials and critical businesses to stay connected during this global crisis.”

Mobile networks also provide new opportunities by making work from home viable amid coronavirus pandemic, he continued.

In a press statement, he pointed to the unprecedented challenges the world currently faces with the spread of coronavirus and its great impact on people’s lives, which casts a shadow on the global economy and global companies in all fields.

He stressed that Ericsson has taken all preventive measures to face the repercussions of this crisis to ensure the safety of its employees and partners around the world.

“As of today, all of Ericsson’s production sites are up and running. This means that the short-term impact of the coronavirus on our supply chain has been limited to none.”

He explained that Ericsson has a resilient supply chain, with production capabilities in multiple regions. “We also have access to components and other materials to keep production up and running. But naturally, the shutdown of countries runs the risk of impacting our logistics chains,” he concluded.

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Misr Hotels pushes Safir Dahab resort opening to end-2020 https://wwww.dailynewssegypt.com/2020/03/26/misr-hotels-pushes-safir-dahab-resort-opening-to-end-2020/ Thu, 26 Mar 2020 09:30:48 +0000 https://wwww.dailynewssegypt.com/?p=726154 Hotel development is at 62%, temporarily delayed due to coronavirus

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An official source at Misr Hotels (MHOT) said that Safir Dahab resort opening was postponed to the end of the third or fourth quarter of 2020. It was scheduled to open in June.

The source said the hotel development rates reached 62% and it may be temporarily suspended due to the coronavirus outbreak. The source added that the company allocated EGP 140m of investments for the development of Safir Dahab hotel.

MHOT budget shows that it targets a 15% increase in its profits during the fiscal year (FY) 2020/21, up from the current fiscal year. Company’s profit targets are set at EGP 213m in the next fiscal year, compared to an expected amount of EGP 185.29m in FY 2019/20.

For FY 2020/21 MHOT plans EGP 164.04m investment budget. It includes contractors’ payments for the development of the Nile Ritz-Carlton, replacement and renewal works, as well as the rest of the investment cost for the development of Safir Dahab hotel. 

 The investment budget also includes pre-opening expenses estimated to be completed at the end of the fourth quarter of the FY 2019/20.

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EBI launches remote evaluation services for bank employees https://wwww.dailynewssegypt.com/2020/03/26/ebi-launches-remote-evaluation-services-for-bank-employees/ Thu, 26 Mar 2020 09:00:11 +0000 https://wwww.dailynewssegypt.com/?p=726146 Evaluation covers technical knowledge, English language tests, behavioural assessment, says Nosseir

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Egyptian Banking Institute (EBI), the training arm of the Central Bank of Egypt (CBE), has announced all evaluation services for bank employees will be carried out online. 

This would allow banks to implement their projects and evaluate their employees remotely. Eliminating the need for individuals to be present at a specific place in a specific time, which directly affects the efficiency of implementation.

Abdel-Aziz Nosseir, Executive Director of EBI, said: “Electronic evaluation solutions, which are implemented online through the institute’s evaluation team, contribute to supporting and developing human cadres in the banking and other sectors. It uses the latest methods and tools to evaluate the technical aspects, English language, computer skills, and behavioural aspects.”

This is an effective solution in terms of its availability without being tied to a specific time or place, he said.

He added that the evaluation team provides evaluation through modern technologies and multiple means, whether directly or through the use of artificial intelligence technologies. The team also provides other evaluation services that can be implemented remotely, such as personal interviews, and sessions to discuss the results.

 He pointed out that EBI has many successful experiences in this regard. This method has recently been used successfully to evaluate several candidates from different countries for an important training programme at the institute. 

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Ministry of Agriculture, ABE cooperate to support poultry farmers, milk collection centres https://wwww.dailynewssegypt.com/2020/03/26/ministry-of-agriculture-abe-cooperate-to-support-poultry-farmers-milk-collection-centres/ Thu, 26 Mar 2020 08:30:32 +0000 https://wwww.dailynewssegypt.com/?p=726151 The protocol was signed by Alaa Farouk Zaky, Chairperson of the bank and Moustafa El Sayyad, Deputy Minister of Agriculture for Livestock, Fisheries and Poultry Affairs.

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Egypt’s Minister of Agriculture Sayed El Kosayer witnessed signing a cooperation protocol between the Ministry and Agricultural Bank of Egypt (ABE) to provide technical and financial support to poultry farmers and milk collection centres.

The protocol was signed by Alaa Farouk Zaky, Chairperson of the bank and Moustafa El Sayyad, Deputy Minister of Agriculture for Livestock, Fisheries and Poultry Affairs.

El Kosayer said that the protocol aims to raise the efficiency of poultry wards for young breeders, switching from the open breeding system to a closed breeding system. ”This will reduce operating expenses, improve the production performance of breeding birds, maximise land utilisation. Thus, increasing production and the economic return from the poultry industry.”

He added that work will be done to raise the efficiency and development of milk collection centres with soft loans under the Central Bank of Egypt small enterprises initiative.

For his part, El Sayyad said that milk collection centres serve as a marketing outlet for small dairy producers. He noted that the protocol aims to ensure and maintain the marketing of their dairy products at fair prices throughout the year. It also maintains access to high-quality milk following global health standards and controls, especially that Egypt is self-sufficient in fresh liquid milk, and is a dairy products exporter.

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Weekend’s virtual concerts, plays, and festivals people can stream at home https://wwww.dailynewssegypt.com/2020/03/26/weekends-virtual-concerts-plays-and-festivals-people-can-stream-at-home/ Thu, 26 Mar 2020 08:00:36 +0000 https://wwww.dailynewssegypt.com/?p=726235 Several Egyptian artists joined the movement including Ali El Haggar, Tamer Ashour, and Tarkeba band. Here are all the shows people can stream this weekend:

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The Egyptian Ministry of Culture has encouraged social distancing to slow the spread of the novel coronavirus (COVID-19) pandemic. This has led to the cancellation of many large cultural and sports gatherings.

Egypt imposed night curfew, fully closing the shops during weekends, and halting all music venues, festivals, and domestic tourism. Afterwards, dozens of brand new live concerts emerged, which can be watched via live stream from the safety of your couch during this weekend.

Several Egyptian artists joined the movement including Ali El Haggar, Tamer Ashour, and Tarkeba band. Here are all the shows people can stream this weekend:

Thursday, 26 March 

Omar Khairat

The ministry of culture is offering on its YouTube channel a concert by the iconic Egyptian musician Omar Khairat. The concert will start at 9 pm and will be available for the public to watch anytime after the first broadcasting.

Khairat recently performed twice at Cairo Opera House on 12 and 13 January.

Friday, 27 March

Ali El Haggar

The veteran artist announced online concerts to his fans on his  Facebook account, to overcome the crisis and the cancellation of concerts limiting large gatherings. He promised his followers to present a programme Saat Tagaly (an hour of manifestation) bringing back old songs from his studio.

In a Facebook video, El Haggar said that it is “an opportunity that we are staying at home. I will launch a new programme in the private studio in my house called Saat Tagaly. “

He also announced performing a live concert along with six musicians on Friday at 8 pm

Ahlan ya Bakawat

The ministry of culture will showcase the theatrical play Ahlan ya Bakawat (Welcome Gentlemen), by the renowned late playwright Lenin El Ramly, on its official YouTube channel at 9 pm

The play features two friends who travel back in time, to the eighteenth century and the reign of the Mamelukes so they think about warning people about the future but they face many difficulties in their mission.

Tarkeba band

The Egyptian Tarkeba band announced that it will play in a live concert every Friday starting this weekend. This follows the cancellation of several concerts, encouraging many artists to perform online, amid the COVID-19 pandemic.

“In light of the circumstances we are facing and the boredom that people go through, we, the Tarkeba band, would stream a small online concert for all the people via our YouTube channel,” said the band.

The underground band will start their concert this Friday at 10 pm

Last Friday, Massar Egbari rock band streamed the first online concert on the band’s channel on YouTube, as part of a series of concerts announced by many Arab singers to reduce gathering.

International Theatre Festival

Egypt will launch the first Online International Theatre Festival between 27 and 30 March. The festival normally brings theatrical activities to Upper Egyptian governorates every year. Holding many creative activities in towns and villages.

The brainchild of theatre maker Hytham Elhawary launched the festival online instead of postponing the 5th edition of the Youth of the South Theatre Festival (YSTF), which was scheduled for April.

This initiative comes as a response to the shutdown of all activities involving large gatherings in the country.

“Due to the circumstances we are all going through, we had to postpone the 5th edition of the Youth of the South Theatre Festival (YSTF). ‘Why not go online,’ I thought. Isn’t it a suitable way of keeping in touch with all theatre practitioners and our audiences?” Elhawary, who is also the YSTF’s president, told Ahram Online.

According to Elhawary, the online festival accepts entries from all around the world until 26 March and the chosen plays will be presented between 27 and 30 March on the online platforms of the YSTF and the Tunisian festival. The plays’ duration should not exceed 60 minutes.

According to Elhawary, the festival will present three plays daily, and plays will be uploaded online with a discussion option available for the audiences.

Saturday, 28 March

Cairo Symphony Orchestra

Egypt’s Ministry of Culture will present an online concert by Cairo Symphony Orchestra on 28 March at 9 pm with the solo pianist Ramzi Yassa.

The concert comes as part of the initiative “Culture At Your Fingertips” launched by the ministry to present online symphonies, plays, and ballet for the public.

Tamer Ashour

Artist Tamer Ashour had also announced that he would perform an online concert through his official YouTube channel.

In an attempt to communicate with his fans while following the necessary precautions against coronavirus, Ashour wrote on Twitter: “I decided to do a live concert on YouTube, you can watch it in your home and request songs that you want.”

He said that the time and date of the concert will be announced soon, confirming that the concert is to be held during weekends without giving any further explanation.

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COVID-19 to severely hit economies of sub-Saharan Africa: IMF https://wwww.dailynewssegypt.com/2020/03/26/covid-19-to-severely-hit-economies-of-sub-saharan-africa-imf/ Thu, 26 Mar 2020 08:00:36 +0000 https://wwww.dailynewssegypt.com/?p=726149 Growth forecast in April’s regional outlook to be significantly low

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The International Monetary Fund (IMF) forecast the coronavirus disease (COVID 19) to have a substantial economic impact on sub-Saharan Africa, the fund said on Wednesday. 

The measures that are crucial to slowing the spread of the virus will have a direct cost on local economies, IMF said in a blog post by Karen Ongley, Advisor in the IMF’s African Department and Abebe Aemro Selassie, Director of the Fund’s African Department.

They noted that the disruption to people’s daily lives means less paid labour, less income, less spending, and fewer jobs. 

With borders closed, travel and tourism are quickly drying up, and shipping and trade are suffering, the IMF officials said, adding that global hardships will spill over to the region. 

The slowdown in major economies will see global demand fall, production and world supply chains will be disrupted. “It will weigh more on trade while tighter global financial conditions will limit access to finance.” 

Countries are likely to also see delays in getting investment or development projects off the ground, they said. Also, the sharp decline in commodity prices will hit oil exporters hard as the price of oil has tumbled to levels not seen in decades.

IMF officials said they don’t know where the oil prices will settle, but with oil prices already down by more than 50%, the impact will be substantial. 

“We estimate that each 10% decline in oil prices will, on average, lower growth in oil exporters by 0.6% and increase overall fiscal deficits by 0.8% of GDP,” the IMF officials said.

Across the region, growth will be hit hard, they mentioned, noting, “precisely how hard is still difficult to say. But our growth forecast in April’s regional outlook will be significantly lower.”

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Gamea asserts MSMEDA commitment to projects development despite coronavirus https://wwww.dailynewssegypt.com/2020/03/26/gamea-asserts-msmeda-commitment-to-projects-development-despite-coronavirus/ Thu, 26 Mar 2020 07:30:02 +0000 https://wwww.dailynewssegypt.com/?p=726142 Agency allocates EGP 10m to convert vehicles to dual-fuel in cooperation with “Car Gas”

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Minister of Trade and Industry and chairperson of the Small, Medium and Micro Enterprise Development Agency (MSMEDA) Nevine Gamea said the agency is committed to the state’s directives in implementing all of its development tasks and projects despite the coronavirus outbreak.

On Tuesday, the agency contracted a new phase of the switching to dual-fuel vehicles project – running on natural gas and petrol. MSMEDA cooperates with Car Gas, allocating EGP 10m the project. The target for this phase is converting 2,000 vehicles.

The contract was signed by MSMEDA head of the Central Sector of NonFinancial Services, Raafat Abbas, and chairperson of Car Gas Hisham El-Safty.

Gamea said that this contract comes within the directives of the president to encourage more drivers to convert dual-fuel systems. Which provides thousands of job opportunities in various governorates.

Nearly 38,400 vehicles were converted by MSMEDA, she said. They include 30,400 taxis and 8,000 passenger cars, with a total financing of EGP 202m.

She revealed that this project aims to protect job opportunities for transportation workers. As gas has remained cheap compared with liquid fuels, conversion will increase their income, as well as reducing pollution and cutting the import bill for liquid fuels.

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valU postpones Uber programme instalment payments for three months https://wwww.dailynewssegypt.com/2020/03/26/valu-postpones-uber-programme-instalment-payments-for-three-months/ Thu, 26 Mar 2020 07:00:00 +0000 https://wwww.dailynewssegypt.com/?p=726135 Uber drivers will only pay the interest rate for a 3-month period, upfront, as valU aims to shield them from COVID-19 income challenges

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valU for Instalment Sale Services (valU), a leading fin-tech solutions platform, said in a Wednesday statement that it would postpone instalment payments for Uber drivers participating in valU’s ride-hailing car financing joint programme with the Saudi Development Fund for three months.

Under the programme, drivers benefit from competitive financing programs at a 5% interest rate to facilitate vehicle purchases. The decision comes as valU seeks to assist program participants in the face of financial difficulties arising from the interruption of business operations due to the spread of COVID-19.

“COVID-19 is presenting global challenges that have created uncertainty as well as disruptions to daily business operations which have impacted the livelihoods of many people,” said Walid Hassouna, CEO of EFG Hermes Finance. “At valU, we are committed to providing support in any form possible, for as long as the situation progresses, both to our stakeholders as they navigate their way forward as well as those most affected by the ongoing events.”

Participants in the instalment programme will be required to pay only the interest due for the three-month period upfront, with no further payments required for the duration of the postponement.

“During challenging times like these, it is important that we support our local community and provide assistance and flexibility to those who need it most,” said Mohamed El-Feky, acting CEO of valU. “We have made this decision to ease the financial burden of instalment payments, at a time where many will just begin to feel the financial impact of the current situation.”

El-Feky also highlighted new initiatives introduced by valU to provide further financial assistance to the community. Among these initiatives is a new flexible six-month payment plan with zero interest or down payment required, offering a waiver on purchase and collection fees, available online and through contracted payment platforms. valU also announced the launch of Waqty, a new online payment platform offering flexible payment plans for unregistered customers.

“Social distancing is essential to halting the spread of COVID-19 in Egypt, and our initiatives are meant to enable our clients to make purchases with ease and no additional financial burdens while practising social distancing,” added El-Feky.

“We are proud of the government’s efforts in combatting the spread of COVID-19 as well as the measures they have undertaken to protect Egyptian citizens,” concluded Hassouna. “Companies across the country have a responsibility to the community and must do their part in supporting the government and their stakeholders amid these times.”

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FRA extends non-payment risk policy instalments deadline for MSMEs https://wwww.dailynewssegypt.com/2020/03/26/fra-extends-non-payment-risk-policy-instalments-deadline-for-msmes/ Thu, 26 Mar 2020 06:30:31 +0000 https://wwww.dailynewssegypt.com/?p=726140 FRA chairperson Mohamed Omran said that instalments to be collected starting early March to September without imposing any delay fines.

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The Financial Regulatory Authority (FRA) has issued a decision to extend the instalment payment deadline for non-payment risks insurance policyholders. The authority’s initiative covers micro, small, and medium enterprises (MSMEs).

FRA chairperson Mohamed Omran said that instalments to be collected starting early March to September without imposing any delay fines.

Omran added in a Wednesday statement that the decision aims to cushion the negative impact of coronavirus pandemic on companies.

He said that the decision also aims to ensure the stability of MSMEs, as part of the social safety measures adopted by the state. It also aims to guarantee the validity of their insurance policies to ensure they will be compensated in the case of accidents.

Earlier, FRA has launched an initiative to grant five million insurance customers a deadline extension. It covers payments for individual life insurance policies, medical, auto insurance policies, and corporate insurance policies (life and property insurance).

The initiative urged the insurance companies’ clients to use e- payment methods available in the insurance companies. It urged insurance companies to adhere to compensating their clients in the case of accidents as soon as possible through various payment channels.

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Egypt’s Finance Ministry allocates EGP 3.8bn to health sector to counter COVID-19 https://wwww.dailynewssegypt.com/2020/03/26/egypts-finance-ministry-allocates-egp-3-8bn-to-health-sector-to-counter-covid-19/ Thu, 26 Mar 2020 06:00:26 +0000 https://wwww.dailynewssegypt.com/?p=726138 EGP 4bn directed to meet basic food commodities needs, EGP 15bn to buy wheat from local farmers

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Finance Ministry has allocated EGP 3.8bn to Egypt’s health sector since the beginning of March, in a bid to counter the new coronavirus (COVID-19) pandemic, Minister of Finance Mohamed Moeit said in a Wednesday press statement. 

Moeit added that EGP 2.583bn has been designated for the Ministry of Health. While EGP 427m was allocated for the ministry’s affiliated bodies including public and central hospitals, specialised medical centres, and mental health hospitals.

The minister explained that EGP 688.5m was directed for the universities’ hospitals and EGP 50m to Al-Azhar University hospital. 

These sums of cash aim to help the aforementioned bodies deal with coronavirus pandemic and ensure the highest levels of health care. 

Moeit revealed that since the beginning of March, EGP 3bn has been directed to the General Authority for Supply Commodities. An additional EGP 1bn that will be allocated to meet basic food commodities needs. 

He also noted that EGP 15bn will be used to purchase wheat from local farmers in April, to ensure the country’s needs of strategic commodities.

“Within the presidential directives to strengthen social protection measures, EGP 70m has been directed to the Ministry of Social Solidarity, to compensate those affected by the recent storm,” the statement read.

“Another EGP 25m has been earmarked to pay compensation and subsidy to Sinai residents,” the statement added. 

 

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Afreximbank announces $3bn-facility to cushion impact of COVID-19 https://wwww.dailynewssegypt.com/2020/03/26/afreximbank-announces-3bn-facility-to-cushion-impact-of-covid-19/ Wed, 25 Mar 2020 23:50:29 +0000 https://wwww.dailynewssegypt.com/?p=726132 Moreover, it will provide emergency trade finance facilities for import of urgent needs to combat the pandemic, including medicine, medical equipment, hospital refitting, etc.

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The African Export-Import Bank (Afreximbank) has announced a $3-bn facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to support African countries deal with the economic and health impacts of the COVID-19 pandemic.

PATIMFA was approved by the Bank’s Board of Directors during its meeting on 20 March. It will provide financing to assist Afreximbank member countries to adjust in an orderly manner to the financial, economic and health services shocks caused by the COVID-19 pandemic, according to a Wednesday press release by the Bank.

“The facility will support member countries’ central banks, and other financial institutions to meet trade debt payments that fall due and to avert trade payment defaults,” said Afreximbank. “It will also be available to support and stabilise the foreign exchange resources of central banks of member countries, enabling them to support critical imports under emergency conditions.”

Also, PATIMFA will assist member countries whose fiscal revenues are tied to specific export revenues, such as mineral royalties, to manage any sudden fiscal revenue declines as a result of reduced export earnings. 

Moreover, it will provide emergency trade finance facilities for import of urgent needs to combat the pandemic, including medicine, medical equipment, hospital refitting, etc.

The facility will be available through direct funding, lines of credit, guarantees, cross-currency swaps and other similar instruments, according to Afreximbank.

Explaining the rationale for the facility, Benedict Oramah, President of Afreximbank, said that the COVID-19 pandemic brought with it considerable suffering and major economic disruptions.

“Besides its worrying effect on human life, the pandemic is projected to cost the global economy up to $1 trillion and to result in a significant 0.4% decline in global GDP growth, which is expected to drop from 2.9% in 2019 to 2.5% in 2020,” Oramah said. “A rapid and impactful financial response is required to avert a major crisis in Africa.”

He pointed out that Africa is exposed in many fronts, including significant declines in tourism earnings, migrant remittances, commodity prices, and disruption of manufacturing supply chains.

Afreximbank had already observed sharp pandemic-induced declines in commodity prices, a sudden significant drop in tourism earnings, disruptions in supply chains, and closure of export manufacturing facilities said the president. The impact on medical supplies and health care systems in many markets had also been unprecedented.

He further added that Afreximbank would work with multilateral development banks that had put in place financial assistance programmes to secure support to assist African countries to deal with adverse external shocks and crises arising from the pandemic.

During the 2015 economic crisis, the Afreximbank introduced a Counter-Cyclical Trade Liquidity Facility under which it disbursed more than $10bn on a revolving basis to enable member countries to adjust to the adverse economic shocks. That facility helped key African economies to manage that crisis and recover swiftly.

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New York hit hard by coronavirus, becomes hot bed https://wwww.dailynewssegypt.com/2020/03/26/new-york-hit-hard-by-coronavirus-becomes-hot-bed/ Wed, 25 Mar 2020 23:42:42 +0000 https://wwww.dailynewssegypt.com/?p=726130 The number of New Yorkers that have died due to complications with the virus jumped. At least 2,850 people are now hospitalised because of the virus with 660 of those patients in Intensive Care Units. 

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With more than 25,000 positive tests and 210 deaths, New York has become the epicentre of coronavirus cases in the United States.

Nearly 200 of those cases have proven fatal, the state’s City Hall reported late Tuesday night.

As of 24 March, there were 15,597 cases of coronavirus citywide with 4,667 in Queens, 3,013 in Manhattan, 4,407 in Brooklyn, 2,505 in the Bronx, and 999 in Staten Island. 

The number of New Yorkers that have died due to complications with the virus jumped. At least 2,850 people are now hospitalised because of the virus with 660 of those patients in Intensive Care Units. 

Governor Andrew Cuomo announced Tuesday morning that there are now 25,665 cases of deadly virus in New York state resulting in 210 deaths with just over 60 percent of cases concentrated in New York City.

Over the weekend, New York state became the epicentre of the pandemic, and now 60% of all new coronavirus cases in United States come from the New York City metro area, the coronavirus response coordinator for the White House Coronavirus Task Force, Dr. Deborah Birx, told reporters Tuesday. 

Cuomo said Tuesday that the number of coronavirus cases is doubling every three days and that the city and state was failing at “flattening the curve” and that the number of infected New Yorkers would reach its apex between 14 and 21 days — right around the time President Donald Trump wants to have the country “open up” and reassess self-quarantine policies. 

Cuomo demanded the federal government take action to send thousands of stockpiled ventilators immediately to his state first, saying the Empire State’s immense coronavirus caseload threatened catastrophe in days without it.


He said New York needs 30,000 more ventilators on top of the 7,000 it has. Cuomo wants all of what he called a current federal stockpile of 20,000 ventilators to brace for the coming “apex” in cases, which he says will arrive in as soon as 14 days.

“We need the federal help, and we need the federal help now,” Cuomo said. “New York is the canary in the coal mine. New York is going first — we have the highest and fastest rate of infection.”

“(After) we get over that curve … I’ll send ventilators, I’ll send health care workers … around the country.”

The governor said his state was trying to address two other needs: more hospital beds and more medical staff. He said the state needed 140,000 hospital beds for an anticipated patient apex in as soon as two weeks, yet the state now has only 53,000 beds. Cuomo said he was speaking to hotel owners “about taking over their hotels” to place some patients.

“I will turn this state upside down to get the number of beds that we need,” he said.

About 1,000 beds are being set up in Manhattan’s Javits Convention Center. Those beds generally will be for noncritical overflow patients, freeing up intensive care units in hospitals, Cuomo said.

His  comments come as general stay-at-home orders — intended to slow the spread of the disease so medical professionals can better handle incoming cases — will be in effect in at least 17 states by Wednesday.

While Trump has expressed a desire to soon transition away from social distancing to help the economy, public health experts and physicians are generally urging they stay in place longer, as cases are nearly overwhelming health care systems in New York City and other areas.

“The (distancing) we have put in place over the last eight days … you won’t see the impact of that for at least another seven or 14 days,” said Birx, the White House coronavirus response coordinator, on NBC’s “Today” show.

White House aides are scrambling to find a compromise option. Discussions include a phased system in which younger people — potentially under 40, according to one option — return to the workplace or business first, followed gradually by people slightly older until most of the country is back to normal, officials say.

Last week, the White House released guidelines urging Americans to avoid eating at bars or restaurants and skip out on gatherings with more than 10 people for the rest of March.

Health officials have said a lack of firm federal direction and residents ignoring social distancing guidelines could result in more sharp increases of cases and hospitalisations that will overwhelm the country’s health system.

Trump, who faces reelection in November and is keen to avoid extended economic damage — told reporters he would be “opening up our country to business because our country was meant to be open.”

With millions of residents ordered to stay home and non-essential businesses and schools closed, the city that never sleeps is bedding down for an uncertain slumber.

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Stay At Home: Ministry of Culture to publish free books online for public browsing https://wwww.dailynewssegypt.com/2020/03/26/stay-at-home-ministry-of-culture-to-publish-free-books-online-for-public-browsing/ Wed, 25 Mar 2020 23:25:17 +0000 https://wwww.dailynewssegypt.com/?p=726116 The ministry encouraged citizens people not to leave their homes by streaming plays and concerts online every day at 9 pm. Abdel Dayem called to spend the time in self isolation to invest in knowledge and spreading awareness.

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The Ministrty of Culture will publish online several heritage books and publications of the General Egyptian Book organization, for free on the ministry’s official website, as part of the Stay At Home campaign, when encourages citizens to avoid gatherings in order stop the spread of the novel Coronavirus (COVID-19).

Minister of Culture Inas Abdel Dayem said on Tuesday that the new initiative is part of ministry’s project “culture is in your fingertips” which also offered several of the ministry’s theatrical productions online, as an attempt by the government to provide different sources of culture while millions are staying.

The ministry encouraged citizens people not to leave their homes by streaming plays and concerts online every day at 9 pm. Abdel Dayem called to spend the time in self isolation to invest in knowledge and spreading awareness.

Also, the Supreme Council of Culture said it will hold online cultural events and will aim to online reading by publishing a series of Arab cultural episodes entitled Read With Us.

Read With Us features several Arab writers reading parts of their work. Many Arab writers participated in the event by recording videos and sending it to the Supreme Council of Culture. 

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Egypt allocates EGP 30m to support innovative proposals to counter COVID-19 https://wwww.dailynewssegypt.com/2020/03/26/egypt-allocates-egp-30m-to-support-innovative-proposals-to-counter-covid-19/ Wed, 25 Mar 2020 23:20:57 +0000 https://wwww.dailynewssegypt.com/?p=726121 Researchers and innovators are encouraged to present solutions improving health care capacities to combat COVID-19.

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Minister of Higher Education and Scientific Research Khaled Abdel-Ghaffar launched on Wednesday a new initiative entitled “Apply Your Idea”, allocating EGP 30m to support innovations, aiming to counter the coronavirus (COVID-19) pandemic.

Egypt and the world are currently a challenging pandemic, Abdel-Ghaffar said.

“The ministry decided to carry out this initiative aiming for providing sterilisers and antiseptics according to the standards of the World Health Organization.”

Researchers and innovators are encouraged to present solutions improving health care capacities to combat COVID-19.

Submissions are accepted from 24 to 28 March at the Academy of Scientific Research and Technology (ASRT). Proposals could also be submitted through the official website of the ASRT.

Head of ASRT Mahmoud Sakr said that the academy will provide technical, material, and logistical help. “Paving the way for these Egyptian innovations to reach the production phase.”

The grant was given for the production of fast and broad manufacturing tools, 3D printers and CNC machines to design reusable masks.

It also aims for designing simple or low-cost respirators, and developing treated and antimicrobial textiles for health care workers.

It also covers local manufacturing of hand sanitisers and developing diagnostic kits to detect COVID-19.

Sakr said that proposals will be technically evaluated, and accepted proposals will be presented via video conference to a specialised committee.

“The committee will consist of manufactures, university professors, academic researches, and experts. Winners will be informed to sign a contract in the first week of April,” Sakr concluded.
 

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Al-Sisi welcomes consensus between government of South Sudan and opposition https://wwww.dailynewssegypt.com/2020/03/26/al-sisi-welcomes-consensus-between-government-of-south-sudan-and-opposition/ Wed, 25 Mar 2020 23:07:53 +0000 https://wwww.dailynewssegypt.com/?p=726119 The South Sudanese government formed on Saturday a national unity government to mark the end of the over the six-year civil war

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President Abdel Fattah Al-Sisi welcomed the recent agreement between South Sudan President Salva Kiir and opposition leader Riek Machar to form a government of national unity as part of implementing the decisions of the peace agreement.

Al-Sisi stressed, during a phone call with his South Sudan counterpart, the importance of work by all parties concerned to continue to implement the benefits of the agreement.

The president also stressed the depth of relations that bring the two countries together, and Egypt’s keenness to continue providing various forms of support South Sudan and to the efforts making peace and political stability.

Kiir expressed his appreciation for his role and the efforts made by Egypt in supporting and stabilizing the situation in South Sudan, within the framework of Egypt’s active role at the regional and continental levels.

He also said that South Sudan appreciates what the two brotherly countries have from historical ties, affirming South Sudan’s keenness to continue to promote various Aspects of joint cooperation with Egypt during the coming period.

The call also witnessed discussions on some issues of bilateral relations between the two countries in a number of fields, as well as an exchange of views on the developments of a number of regional files of common interest.

The South Sudanese government on Saturday formed a government of national unity to mark the end of the over six years protracted civil war in the world’s youngest state which gained its independence in January 2011 from Sudan.

The government of national unity recently brought back opposition leader Machar as the nation’s first vice president, the position he held until his dismissal by Kiir in 2013 when he was accused of coup plot alongside several cabinet members of Kiir.

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 Google Helps Arab educators, students keep connected https://wwww.dailynewssegypt.com/2020/03/26/google-helps-arab-educators-students-keep-connected/ Wed, 25 Mar 2020 22:49:04 +0000 https://wwww.dailynewssegypt.com/?p=726110 “Today, we’re announcing two new resources to help teachers and students stay connected,” Google said.

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 As many educational institutions around the globe are undergoing, extending, or planning closures due to COVID-19, half of the world’s student population is unable to attend school.

Educators face the challenge of teaching remotely at an unprecedented scale, and in some cases, for the first time. Last week Google rolled out free access to our advanced Hangouts Meet video-conferencing capabilities to all G Suite and G Suite for Education customers globally and in the Middle East and North Africa, including Egypt, KSA, and the UAE, until 1 July.

“Today, we’re announcing two new resources to help teachers and students stay connected,” Google said.

Teach From Home is a central hub of information, tips, training and tools from across Google for Education to help teachers keep teaching, even when they aren’t in the classroom. The hub provides an overview of how to get started with distance learning—for example how to teach online, make lessons accessible to students, engage with students, and collaborate with other educators. Teach from Home is now available in Arabic, with downloadable toolkits available in many languages including Arabic.

On the hub, teachers can learn how to create a ”Class”, set up a video call using ”Meet”, invite students to join their first online class, create online tests and presentations, set assignments in “Classroom”, collaborate with students using ”Jamboard” and live stream sessions on YouTube.

Teach from Home was built with the support and cooperation of the UNESCO Institute for Information Technologies in Education, who is also working with other education partners to respond to this emergency. This resource will continue to evolve and improve as we hear feedback from teachers and partners on what’s most helpful.

 

The YouTube Learning destination is a new hub on YouTube designed to help students with high-quality learning content in Arabic. The destination features content ranging from grade 7 mathematics for example to grade 12 chemistry and shares tips for learners about how to study at home. The playlists on the hub will cover multiple subjects with more to be included in the coming days such as Arabic, English, Mathematics, Physics, Biology, and Chemistry.

“We’ll continue to improve our products and find more opportunities to help educators and students benefit from technology and continue learning remotely,” the company pledged.

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COVID-19 to hit MENA countries’ economies hard: Capital Economics https://wwww.dailynewssegypt.com/2020/03/26/covid-19-to-hit-mena-countries-economies-hard-capital-economics/ Wed, 25 Mar 2020 22:41:53 +0000 https://wwww.dailynewssegypt.com/?p=726113 Retail trade, tourism, are likely to be hit the hardest, says report

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Governments across the Middle East and North Africa (MENA) have taken amongst the most draconian steps globally to contain the novel coronavirus (COVID-19) outbreak. Yet, there will be much more economic damage than expected, Capital Economics said in its MENA economics update’ report released on Tuesday.

While increased oil production will provide some offsetting support for Gulf countries, nearly all economies look set to contract over this year as a whole, the report mentioned. It noted that coronavirus cases have continued to climb over the past couple of weeks. In a bid to halt the outbreak governments have taken increasingly drastic steps to enforce social distancing.

Several countries have resorted to curfews and shut down large swathes of their economies, the report mentioned. “Travel bans have been enforced too, with hundreds of flights across the region grounded.”

These measures are already caused severe economic disruption and will continue to do so over the coming weeks and months, the report said. Capital Economics despite the lack of availability of timely economic data from across the region, but figures on traffic congestion reinforce anecdotal evidence that there is little if any movement of people and goods in major cities.

Sectors that are most vulnerable to social distancing, such as retail trade and tourism, are likely to be hit the hardest, the report forecasted. 

These sectors are largest in the North African economies as well as Lebanon, Jordan and Dubai.

While export-oriented sectors will suffer due to the downturn in the global economy, the report mentioned, adding that Dubai is vulnerable due to its role as a global logistics and re-processing hub.

And Morocco and Tunisia are exposed to weakness in the eurozone economy, which CE expects to contract by around 12.5% quarter over quarter in Q2 – much larger than the 6% peak-to-trough fall in GDP during the global financial crisis.

 

 

Oil prices collapse means that governments in the Gulf find themselves in a bind

For the Gulf countries at least, the hit will be partially mitigated by stronger growth in oil sectors, the report said adding that what matters for GDP growth is the change in the volume of oil production and, following the collapse of the OPEC+ negotiations earlier this month, the output is being ramped up.

Policy support is being put in place in a bid to contain the economic fallout, the report said, adding that Interest rates have been lowered, with Central Bank of Egypt (CBE) cutting by 300bp.

Meanwhile, banks have been instructed to waive loan repayments and, in some countries, firms have been exempt from tax and utility payments, the report mentioned, noting that the collapse in oil prices means that governments in the Gulf find themselves in a bind.

Brent crude at $30pb, budget and current accounts are now in deficit across all six Gulf economies. Dollar pegs should remain intact, but policymakers seem reluctant to embark on significant direct fiscal support are some are even planning to cut spending while elsewhere, policymakers will be constrained by the fragile balance of payments positions.

Lebanon was already in the midst of a messy economic crisis and the government is in default as the virus outbreak simply makes a bad situation even worse, mentioned the report, adding that low oil prices will exacerbate long-standing strains in Algeria’s economy.

 

External positions are in better shape in Egypt and Morocco

Tunisia and Jordan have the International Monetary Fund (IMF) backstops in place but there will be little scope for fiscal stimulus, said the report, adding that external positions are in better shape in Egypt and Morocco but poor public finances limit the scope for fiscal stimulus.

CE is slashing its GDP growth forecasts for this year, with most economies now likely to contract. Saudi Arabia is the one exception, although that will entirely reflect higher oil output.

The policy steps are taken to reduce the risk of the downturn morphing into a financial crisis. But their limited scope means that, once the virus is brought under control, the economic recovery will be slow, mentioned the report.

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Egypt’s manufactures see no need to mobilise industry’ to produce medical supplies yet https://wwww.dailynewssegypt.com/2020/03/26/egypts-manufactures-see-no-need-to-mobilise-industry-to-produce-medical-supplies-yet/ Wed, 25 Mar 2020 22:23:45 +0000 https://wwww.dailynewssegypt.com/?p=726096 Medical supplies in Egypt are sufficient for medical service providers, says member of Export Council of Medical Industries

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At a time when many companies and factories in various countries of the world race to ramp up production and even converting production lines to produce medical equipment, masks, and gloves for the coronavirus pandemic, manufacturers in Egypt are unable to expand in these industries.

They attributed that to the time needed to obtain permits and licenses to produce new products, as well as the shortage of raw materials due to the suspension of some countries’ exports.

Maged George, chairperson of the Egyptian Export Council of Medical Industries said that several factories produce sanitizers and disinfectants in Egypt. They can provide large quantities to citizens. However, the problem lies in the fact that active ingredient used in antiseptics is alcohol, which is produced by the Egyptian Sugar & Integrated Industries Company (ESIIC) is not sufficiently available for these companies to ramp up production.

George pointed out that the decision of the Minister of Industry to halt alcohol exports may contribute to increasing its availability. He also noted that the Egyptian Export Council of Medical Industries and the Ministry of Health to agreed on two initiatives to provide alcohol for production. “So far, they have not been implemented.”

“We are still awaiting coordination between the ESIIC and companies to provide required quantities for the production of disinfectants,” he said. He asserted that: “National Organization for Drug Control and Research must speed up the provision of Alcohol for production.”

“Within a week, if these raw materials are available, more than 30-50% of the demand will be met and 75% of the needs of citizens will be met, and the week after that all demand will be met.”

Similarly, Deputy Chairperson, Member of the Executive Committee Head of Detergents Division and chairperson of Egyptian Industrial Detergents Company (EID) Mohamed Fikry Abdel Shafei said that converting production lines of companies working in the field of detergents requires obtaining permits, which takes time. 

Abdel Shafei noted that his company does not plan to convert production lines because of the process of obtaining permits will take a very long time and the crisis may end before the permits are issued.

“Currently, a large percentage of unlicensed companies produce striking products,” Abdel Shafei concluded.

Meanwhile, member of Export Council of Medical Industries Mohy Hafez said that medical supplies in Egypt are very sufficient for the medical service providers such as hospitals and medical clinics. However, some people who store antiseptics and masks create shortages in the market.

“We do not need to convert production lines of some companies to meet the medical supplies needs for coronavirus, because the pandemic in Egypt is very limited, unlike Europe,” Hafez commented.

“Consequently, we do not need this and the state is doing an excellent job to meet all needs.”

Chairperson of the Engineering Export Council of Egypt (EEC), Amr Abu Freikha said that it is very possible in times of crisis that production lines are convetered. “But until now, there has been no official request from a company to change its activity or production.”

 Abu Freikha pointed out that currently, it is difficult to convert production lines due to the scarcity of raw materials as countries ban exports. 

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Government announces measures to protect construction workers from COVID-19 spread https://wwww.dailynewssegypt.com/2020/03/26/government-announces-measures-to-protect-construction-workers-from-covid-19-spread/ Wed, 25 Mar 2020 22:15:48 +0000 https://wwww.dailynewssegypt.com/?p=726107 Companies which want to continue, or halt operating have to commit to state preventive measures, the PM said

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 Egypt Prime Minister Mostafa Madbouly held a meeting to address the state’s preventive and precautionary measures to curb the spread of novel coronavirus (COVID-19) among construction workers, according to a Wednesday statement. 

 

 Madbouly met with Minister of Housing Asem El-Gazzar, Minister of Transportation Kamel El-Wazeer, head of Armed Forces Engineering Authority Ehab El-Far, and head Egyptian Federation for Construction and Building Contractors Mohamed Sami Saad. 

During the meeting, El-Gazzar asserted that there is full coordination between the concerned parties to preserve the health of workers and to halt the spread of coronavirus. 

“Our priority is to preserve the safety and health of construction workers,” El-Gazzar said. The minister ordered the implementation of strict precautionary measures and to follow the medical instructions of the Health Ministry to limit the spread of the virus among workers.  

 

 El-Wazeer said that the companies which continue to operate have to circulate awareness-raising on the best preventive practices. 

El-Wazeer asserted that companies must install body temperature detectors and reduce the number of commuters who use their transportation.

Also, companies must provide workers, engineers, and other employees with face masks and disinfectants. The enterprises also have to regularly sterilise and disinfect sites, prevent workers from eating together, ensure distances between them and use disposable cutlery and cups, the statement stated. 

In case of suspecting a coronavirus infection, the patient has to be quarantined and will receive their salary during the period of quarantine or treatment, the statement said. 

On the other hand, the companies that want to completely suspend working amid coronavirus fears, they are obliged to pay the salaries of all workers. This has to come in parallel with sterilising and disinfecting the construction sites. 

El-Wazeer added that they will review compensating companies with 50% of the salaries of temporary workers during the suspension period. 

He noted that they will ensure that workers and engineers at construction sites at projects in remote areas such as the New Valley, Red Sea, Sinai and mountainous areas will stay there for two weeks while increasing their financial incentives. 

 Earlier on Tuesday, Madbouly announced new strict measures to curb coronavirus outbreak. He announced a night curfew from 19:00 to 6:00 starting Wednesday for two weeks and halting all public and private transportation during the curfew time. 

 

 Madbouly also announced that suspension of all state services except for the issuance of births and deaths certificates, adding that all commercial shops will be closed from 19:00 to 6:00 daily and they will be fully closed on Friday and Saturday, excluding pharmacies, bakeries, and grocery shops.

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Egypt’s coronavirus cases rise to 465, pandemic accelerates globally  https://wwww.dailynewssegypt.com/2020/03/25/egypts-coronavirus-cases-rise-to-465-pandemic-accelerates-globally/ Wed, 25 Mar 2020 19:35:33 +0000 https://wwww.dailynewssegypt.com/?p=726095 Spain’s COVID-19 death toll surpasses China, global deaths exceed 20,000 

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Egypt reported 54 new coronavirus cases and one new death on Wednesday, raising the country’s total to of 456 infected cases and 21 deaths. The number of recovered cases of the pandemic known as (COVID-19) has increased to 93 cases, according to Minister of Health Hala Zayed.

In a Wednesday press conference, Zayed said that the EGP 1bn allocated will be spent mainly for securing the medical equipment and the required tools for the health system. She added that “Egypt is in the second phase of the outbreak in which we can contain the contagion.”

“21 laboratories nationwide are dedicated to conducting coronavirus medical tests. And the ministry is following the codes and instructions of the World Health Organization (WHO) regarding containing the infection and treating infected cases,” she explained.  

To contain the infection across the nation, the Egyptian government and affiliated bodies have taken several measures. The latest of these measures was imposing a partial curfew from 19:00 to 6:00 starting Wednesday for two weeks, in a bid to stop the spread of the coronavirus. The Egyptian army has also started disinfecting several locations and governmental facilities.

Globally, the number of confirmed coronavirus cases has tripled in less than a month, to more than 450,000 at the time of writing. Whilst more than 20,000 have died owing to the disease and about 112,058 have recovered. 

The disease did not spare public figures and politicians, UK’s Prince Charles was the latest to be infected. The heir to the British throne who was reportedly tested positive for coronavirus on Wednesday.

However, the number of cases in Wuhan is declining. The Chinese province was the epicentre where the disease first detected more than three months ago. China total cases registered at 81,661, of whom 73,773 cases have recovered but 3,285 have died. 

The situation in Europe, the new epicentre of the outbreak is worsening. Italy, Spain, Germany, UK, France and Switzerland are continuing to report growing numbers of infected cases.

Italy is still leading the continent in terms of number of infected cases. According to the latest estimations of the John Hopkins University, the number of confirmed cases in Italy has reached 69,176 of whom 8,326 people have recovered. 

What makes the Italian case a significant tragedy is the number of deaths due to the pandemic, as the death toll reached 6,820 cases surpassing China which recorded 3,285 deaths so far. 

Following Rome’s steps, Spain reported the second-highest number of coronavirus deaths worldwide surpassing China as well. The total number of coronavirus deaths in Spain has reached 3,434, while the total confirmed cases are 81,661 of whom 73,773 people have recovered. 

The number of COVID-19 cases in the United States is surging, as 55,238 people have got the infection, of whom only 354 have recovered, while 802 have died. 

Many countries across the world have taken tight measures to contain the COVID-19 spread. Countries like Italy, UK, Spain, India, Belgium, Kuwait, and Saudi Arabia as well as other countries have announced a lockdown. 

 

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Museums, historical sites, parks you can virtually tour from your couch during coronavirus lockdown https://wwww.dailynewssegypt.com/2020/03/25/museums-historical-sites-parks-you-can-virtually-tour-from-your-couch-during-coronavirus-lockdown/ Wed, 25 Mar 2020 15:33:39 +0000 https://wwww.dailynewssegypt.com/?p=726086 Daily News Egypt lists a few places travellers can tour to stay entertained and connected to the world’s plethora of incredible cultural offerings.

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As a growing number of governments enforced lockdowns curb the outbreak of coronavirus (COVID-19), halting travel, and limiting access to museums and archaeological sites around the world.

That leaves self-quarantined people with a lot of free time and nowhere to go.

But for those unable to venture to outside, there are many museums and art galleries that you can visit from the comfort of your own couch. 

Daily News Egypt lists a few places travellers can tour to stay entertained and connected to the world’s plethora of incredible cultural offerings.

The Louvre, France

The world’s most visited art museum, which received 9.6 million visitors last year, is now closed due to the outbreak of the COVID-19. But virtual-visitors to the Louvre can still enjoy its Egyptian antiquities department, remains of the Louvre’s moat, and the recently restored Galerie d’Apollon without having to leave their own homes.

Sistine Chapel, Vatican City

The largest chapel in the Apostolic Palace, the official residence of the pope, in Vatican City, was closed due to the national lockdown in Italy.

As a consequence of the COVID-19 pandemic, the country was forced into a standstill, halting public events, soccer stadiums and even closing the Vatican City. However, visitors can tour the interior artworks of the chapel, including its renowned ceiling and “The Last Judgment,” by the Renaissance-era painter Michelangelo.

The Sistine Chapel is well known by the frescos that decorate the interior, most particularly the Sistine Chapel ceiling and The Last Judgment by Michelangelo.

Petra, Jordan

Petra, also known as the “Rose City” is a honeycomb of hand-hewn caves, temples, and tombs carved from blushing pink sandstone in the high desert of Jordan some 2,000 years ago. Petra offers live broadcasts for the visitors.

You can tour Petra’s magnificent architecture, including the world-famous entrance, with enchanting views of the surrounding mountains, online as the city offers virtual reality tours in its mesmerizing location.

Yosemite National Park, United States

While some parts of the park are still open, those who can’t make it to California’s Sierra Nevada region can still tour the park, complete with sound. Through the virtual tour you can visit some of Yosemite’s iconic landmarks, including the Mariposa Grove of Giant Sequoias, which famed for the Grizzly Giant and the California Tunnel Tree, in addition to the top of the Half Dome and the eponymous Yosemite Falls.

Van Gogh Museum, Amsterdam

The Dutch Van Gogh art museum in Amsterdam, contains the largest collection of the post-impressionist painter, with 600 artworks and 700 letters.

Art lovers can visit the museum via a virtual guided tour. They can also take a tour inside the museum along with insights into Vincent van Gogh’s life through paintings including “Sunflowers” and “The Yellow House.”

Taj Mahal, India

The ivory-white marble mausoleum, built on the south bank of the Yamuna River in the Indian city of Agra.

The love symbol was commissioned by the Mughal emperor Shah Jahan to house the tomb of his favourite wife, Mumtaz Mahal.

Due to its sophisticated architecture and dazzling artefacts, the Mausoleum receives millions of visitors every year.

 There are plenty of virtual tours that offer a look at the stunning Mausoleum and its beautiful memorial.

British Museum

The world’s oldest national public museum is another site that will showcase a virtual, interactive gallery. Visitors can roam the halls of the museum, peruse the exhibits and see famous objects like the Rosetta Stone, the Parthenon sculptures and Egyptian mummies.

Stonehenge, UK

The English ring of standing stones, Stonehenge site offers a virtual tour with 360-degree technology, bringing the mysteries of the famous stone to your computer screen.

The interactive tour also offers clickable white circles revealing more information about the unfathomable structure.

The Great Wall of China

China’s most famous attraction offers virtual tours of some of the most visited sections of the wall, 3,000 miles of which are walkable. With much of the country under quarantine measures, the virtual tour offers a reprieve from the crowds who normally come from all over the world to see the 2,000-year-old marvel.

Egyptian Opera House

The Ministry of Culture will broadcast nightly performances of some of its most iconic shows throughout its official YouTube channel. The free streams will go live at 9:00 pm. each day. It includes the plays, ballet shows and musical concerts.

Angkor Wat, Cambodia

The largest religious monument in the world, Buddhist temple complex in Cambodia, is now offering a 3D simulation of the temple, in addition to 360-degree videos that give people a glimpse into some of the main landmarks and historical features.

Machu Picchu, Peru

One of the best sites to visit is Peru’s 9th-century Incan citadel set high in the Andes Mountains in Peru.

People need to climb high to the Andes Mountains to discover the wonderful site and its monuments, and since it is not always accessible, there are plenty of virtual tours that take visitors to Machu Picchu, offering an in-depth tour with 360 ° views

 

New Orleans

New Orleans is famous for its vibrant atmosphere and exciting dining sites, but people can still get to know the city with some virtual tours.

Indeed, the city’s official website has created 360-degree sightseeing tours, so the visitor can get some of the best experiences, exploring the swamps, or landmarks such as the Commundars Palace.

 

Acropolis, Greece

This ancient castle is one of the best places to visit in Athens with its magnificent views and historical monuments, including the famous Parthenon.

History lovers can roam the site from their homes, through the virtual tour with detailed historical explanations for each of them.

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realme C3 and realme 6i anticipate their fist sale announcements  https://wwww.dailynewssegypt.com/2020/03/25/realme-c3-and-realme-6i-anticipate-their-fist-sale-announcements/ Wed, 25 Mar 2020 15:25:30 +0000 https://wwww.dailynewssegypt.com/?p=726172 Reinventing smartphone photography at great valued price

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realme gears up for its next announcement after kick-starting the realme C3 hot flash, and now onto the realme C3 first sale. The first sale will launch on 26 March introducing the Triple Camera and Game Monster to the Egyptian market.  

After a successful hot flash sale on Souq.com and selling out in approximately 60 minutes,  realme has received extraordinary support from the public mentioning that “the gaming performance on realme C3 is awesome” and that it is the “most powerful, long-lasting budget phones on the market!”

realme C3 now anticipates introducing its first sale to the market, while realme 6i’s pre-orders on Souq.com will be on 1-6 April. 

The camera features of realme C3 are truly unique and certainly at a valuable price. The cameras include AI Triple Rear Camera to offer high-quality camera experiences. Along with a flagship 12MP main camera, 4CM super macro lens, and a new lens algorithm for unique portrait experiences. This revolutionary smartphone also assists top HD display with a 6.5 Mini-drop full screen: A large 6.5-inch HD+ display with a high screen-to-body ratio of 89.8%.

Most importantly, realme C3 is the world’s First MTK MediaTek Helio G70, and according to realme supporters, they consider “realme C3 is ready to become a king of an entry-level smartphone.” 

Meanwhile, realme 6i introduces an upgrade to the market compared to realme 5 especially in the Quad Camera features that improved from 12MP to 48MP. This Game Monster is also famous for its AI Quad Camera with 119° Ultra Wide-angle Lens. Only to supported by a long-lasting battery life of 5000mAh Massive Battery and 18W Quick Charger, that was previously launched in realme 5 with a 10W. realme 6i is ready to unleash its power to the Egyptian market, introducing the first sale announcement on 7 April.  

 

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