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King_of_dark

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Everything posted by King_of_dark

  1. Congrats Brother ❤️ 

  2. Music:: Samara - Souk (Official Music Video) Release date: 2024/03/22 Signer: Samara Official YouTube link:
  3. Nick movie:BEST UPCOMING MOVIES 2024 (Trailers) Time: FilmSpot Trailer Netflix / Amazon / HBO: Netflix Duratiohttps://www.youtube.com/watch?v=lrMFa0jasOg
  4. Speculation about a possible cabinet reshuffle swirled in Egypt on Wednesday, a day after President Abdel Fattah El Sisi was sworn in for a third and final six-year term. It was business as usual, however, at the weekly meeting of Prime Minister Mostafa Madbouly's cabinet. A statement issued later made no mention of the cabinet presenting its resignation to the President, as is customary at the start of a new presidential term. READ MORE IMF approves Egypt's $8bn loan package to boost its economy Sources, however, said the 38-member cabinet was expected to do so within days and that the new one is likely to have as many as 10 new ministers. Sameer Farag, a television pundit who is close to authorities, told a po[CENSORED]r television talk show on Tuesday night that a cabinet reshuffle would soon be announced and that there would also be changes among the governors of the country’s 27 provinces. Mr Madbouly has been Prime Minister since 2018. During his time in office, Egypt has been plunged into its worst economic crisis in living memory, with the local currency losing about 70 per cent of its value, inflation reaching record levels and a shortage of foreign currency hitting local manufacturers hard. Like Mr El Sisi, the Prime Minister has doggedly insisted that the crisis was due to the downturn caused by the coronavirus pandemic and later the Russia-Ukraine war. The economy was further shaken by the war in neighbouring Gaza. The conflict in Sudan, Egypt’s neighbour to the south, has also affected the economy, with nearly 500,000 Sudanese talking refuge in the country over the past 11 months. READ MORE El Sisi's third term marks a changed Egypt after 10 years of his rule However, critics have maintained that the crisis was mostly caused by a series of multibillion-dollar infrastructure projects they deemed either unnecessary or less important than the overhaul of vital sectors such as health and education. Best illustrating this was Mr El Sisi’s swearing-ceremony on Tuesday at the New Administrative Capital in the desert east of Cairo. The $58 billion, ultra-modern city has been Mr El Sisi’s pet project and is one of at least a dozen new cities being built across Egypt. Critics also complain of excessive government borrowing that has tripled the foreign debt to a record $165 billion over the decade Mr El Sisi has been in office. But in a change in economic fortunes, Egypt received more than $50 billion in loans and investment deals in the first quarter of 2024, enough to ease the foreign currency shortage and jump-start the economy. The bailout and investment came from several sources, including the UAE, the EU and the World Bank. It has prompted financial services companies to raise Egypt's credit ratings after repeated downgrades that undermined the nation’s credit. More good news on the economy emerged on Wednesday when the central bank said that Egypt's net foreign reserves had risen by more than $5 billion to $40.361 billion in March compared to the previous month. The benefits of the infusion of funds have yet to be felt by the millions of Egyptians in the poor and middle classes who have been crushed by skyrocketing food prices and more expensive utilities. Mr El Sisi won a December election with more than 89 per cent of the vote. He ran against three obscure politicians who refrained from directly criticising the incumbent during their lacklustre campaigns. Ahmed Tantawy, an outspoken former lawmaker who could have posed a serious challenge to Mr El Sisi, failed to meet candidacy requirements, something he and his supporters blamed on a campaign of intimidation orchestrated by the authorities. Mr Tantawy was charged in November with illegally circulating election materials and received a suspended one-year sentence in February. He has also been banned from running for office for five years. https://www.thenationalnews.com/news/mena/2024/04/03/egypt-rife-with-speculation-over-cabinet-reshuffle-after-el-sisis-swearing-in-ceremony/
  5. Zoos and aquariums frequently receive negative press, sparking debate about how beneficial they are to wildlife, as per Children's Nature Retreat. The vast majority of zoos enrich the lives of animals in a variety of ways. Many zoos exist to encourage and facilitate animal conversation, in addition to connecting people with nature. Having animals in captivity acts as a buffer against a po[CENSORED]tion collapse in the wild. Zoos have assisted in the removal of animals from the endangered species list, saving many from extinction. There would be fewer animal species currently alive if zoos did not exist. Animals can live as well as or better than they would in the wild. They don't have to deal with the stress and threat of predatory animals, the pain of parasitic infections, injury, or illness, and they won't go hungry or thirsty. Also Read: UK Will Promote the Highest Standards of Animal Welfare, Queen Elizabeth Says Egypt's zoo renovation raises concerns regarding animal welfare A recent government declaration that it would close its doors for a year in order makes improvements have indeed been met with skepticism by the general public and animal welfare organizations alike, as per the BBC. The factory worker, who earns just under $100 (£82) per month, seems to have little money for leisure activities and fears that the zoo would become unaffordable in the near future. Egypt's ministry of agriculture has delegated responsibility for the 80-acre zoo and gardens to a military-run company and a United Arab Emirates-based consultancy for the renovation. In exchange, they will be entitled to profits earned over the next 25 years. Elephants tied down on short chains, a giraffe so depressed that it killed itself, and monkeys provoked by children have all received negative attention in recent years. Keepers are still undertrained and underpaid today. Many people withhold food from animals till the visitors pay for it, and they will harass caged animals and make them roar or learn new tricks in return for tips. One of the numerous reform proposals promised is that the Victorian-style, cell-like cages for lions and bears will be replaced with open-range areas. Advocates for animal rights, on the other hand, are concerned. They claimed that the zoo's plans are opaque and do not prioritize the welfare of the animals, which also include endangered species. Giza Zoo has indeed been regarded as a wonderland by Egyptians for generations. However, it has increasingly conjured horrors, to become a visible sign of faded glory. While many have wished for an expensive modernization, there is concern that new plans would then overlook poorer Egyptians as well as the vast array of animals in desperate need of good healthcare, ranging from big cats to desert rats. https://www.natureworldnews.com/articles/55169/20230124/egypt-zoo-calls-renovation-raises-animal-welfare-fear-issues.htm
  6. Auto prices in Egypt increase amid global inflation, diverting clients to used cars Source: XinhuaEditor: huaxia2022-05-26 03:30:13 Photo taken on June 17, 2019 shows MG vehicles in Cairo, Egypt. China's auto industry SAIC Motor and Egypt's largest car sales company Mansour Automotive Group signed on Monday in Cairo a joint venture agreement to manufacture MG brand cars in Egypt. (Xinhua/Li Binian) by Marwa Yahya CAIRO, May 25 (Xinhua) -- Clients are passing and checking the prices of the new and used cars lining up outside Pyramid Auto shop in the Faisal street in Giza province, southern Egypt's capital Cairo, but they are hesitant to conclude a purchase deal amid the ongoing inflation pressure and local currency devaluation. "New vehicle sales have been stagnant during the past three months as more consumers, negatively affected by the increasing inflation, have become deeply concerned with high prices of both the new and used cars," said Ibrahim Al-Masry, a 45-year-old manager of Pyramid Auto. Prices of some new models increased by around 30 percent after the Central Bank of Egypt allowed the Egyptian pound to weaken by 14 percent against the U.S. dollar on March 21 after having kept the currency steady for the previous 18 months, Al-Masry told Xinhua. Also, the disruption of the supply chain and hiking costs of shipping driven by the ongoing Russian-Ukrainian conflict are significant factors for a recession in car sales in Egypt, he added. Osama Aboul-Maged, chairman of the Egyptian Automotive Dealers Association, agreed that the auto market fears mounted over the U.S. Federal Reserve's further tightening measures, which "overshadowed the post-pandemic recovery amid rising recession concerns in Egypt." Since early 2022, the prices of cars increased by up to 15 percent, said Aboul-Maged, anticipating that the new rise in car prices will reach 20 percent by the end of this year. Egypt's Consumer Protection Agency ordered on April 13 a fine of up to two million pounds (over 107,000 U.S. dollars) as a punishment for overpricing cars. The halt of production of electronic chips in the world's largest companies in the European Union due to a shortage in Russian gas supplies has limited the production of thousands of goods, including cars, said Aboul-Maged, noting it also contributed to the auto recession in Egypt. Sales of new cars in April and May declined by 80 percent compared to the same period in 2021, while demand for used cars grow, according to Al-Masry. "Rise in new car prices in the local market has promoted a large number of buyers to turn to used vehicles that also have experienced a relatively hike," Al-Masry said, adding his shop provides several types of installment programs up to 7 years to attract more buyers. Less-aged cars and po[CENSORED]r brands with good resale value are in high demand among clients. Mohamed Abdel-Raziq, a 40-year-old insurance consultant who bought a used Fiat Tipo 2019 at 280,000 pounds with a 4-year-installment, said that buying a used car was a bit of no-brainer. Egypt is an emerging used car market in the Middle East at a rebounding stage from the economic crisis after the COVID-19 pandemic, Aboul-Maged said, adding that collaboration among different partners and streams, and tech-enabled services are expected to drive the industry in the future. https://english.news.cn/20220526/28b43a84b3cc4a8fb930552f984a14c0/c.html

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