Egyptian Journalists Syndicate condemns Israeli targeting of journalists in southern Lebanon
via Egypt Today1 min read
The Egyptian Journalists Syndicate has strongly condemned the Israeli occupation army's actions in southern Lebanon, which led to the death of journalist Amal Khalil. Israeli warplanes reportedly targeted her car and then the house where she sought refuge with multiple airstrikes. The Syndicate also denounced the targeting of journalist Zeinab Farag in the same airstrike, who survived, while two other civilians were killed. The Syndicate views these actions as a deliberate targeting of the press and a systematic policy against civilians and journalists. They assert that targeting journalists performing their duties is a crime and a violation of international laws protecting journalists in conflict zones, aiming to suppress truth. The Syndicate mourns Amal Khalil and extends condolences to her family, colleagues, and the journalistic community in Lebanon, as well as to the families of civilian victims. They urge the international community, the United Nations, and press freedom organizations to act immediately to stop these crimes, launch an international investigation, and hold those responsible accountable. The Syndicate stated that the impunity of the "Zionist entity" encourages further crimes against the "voice of truth" in Palestine and Lebanon, calling for global efforts to ensure accountability.
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The Egyptian Red Crescent ERC announced on Thursday that it has received the 37th group of wounded and ill Palestinians from Gaza via the Rafah border crossing. Concurrently, the ERC dispatched a new humanitarian aid convoy, the 181st "Zad Al-Izzah – From Egypt to Gaza" convoy, carrying over 5,480 tons of supplies to the enclave. This shipment included more than 2,610 tons of food and flour, approximately 1,365 tons of medical, relief, and personal care items, and over 1,505 tons of fuel for hospitals and essential facilities. The convoy also delivered tents, clothing, blankets, and tarpaulins for displaced individuals. The ERC continues to provide humanitarian services at Rafah, assisting patients and their companions with hot meals, clothing, personal care items, and return kits. The total humanitarian aid delivered by the ERC to Gaza has now surpassed 900,000 tons, supported by over 65,000 volunteers.
The Egyptian Exchange has approved the temporary listing of six state-owned companies, with plans to offer their shares for trading within the next six months as part of the government’s IPO program. These companies have a combined issued capital of approximately LE 1.24 billion. Four firms, Al-Nasr Housing and Development, Sinai Manganese, Spring & Transport Needs Manufacturing Co, and the Egyptian Contracting Co. AL Abd, will be listed on the main market. The remaining two, National Asset Management & Investment Company and National Investment and Development NIRCO, will be listed on the SME board. According to Hashem El-Sayed, CEO of the State Ownership Unit, these listings are part of efforts to improve the efficiency of state-owned enterprises and maximize returns on public assets. Omar Radwan, chairman of the exchange, stated that this initiative is expected to deepen the market, boost liquidity, and attract increased local and foreign investment. This follows the listing of six other state-owned firms earlier this month, as Egypt continues to expand its public offerings.
Prime Minister Mostafa Madbouly commenced an inspection tour of the Integrated Sokhna Industrial Zone, a component of the Suez Canal Economic Zone SCZone, to inaugurate nine new industrial facilities. These projects represent a total investment of $182.5 million and span various strategic manufacturing sectors, including engineering and metal industries, pharmaceutical production, textiles, glass manufacturing, chemicals and polyurethane, packaging, and recycling industries. Madbouly emphasized the government's commitment to bolstering local manufacturing and industrial localization through collaboration with the private sector, which he identified as crucial for economic growth. He highlighted that authorities are prioritizing policies to stimulate local investment and attract additional foreign and Arab capital into the industrial sector, aligning with Egypt's goal of becoming a regional manufacturing hub. Madbouly also noted that recent government initiatives aim to foster a more competitive and investor-friendly business environment, promoting the establishment of new production facilities across the country's industrial zones, particularly within the Suez Canal Economic Zone. He stated that the swift expansion of industrial activity in the SCZone indicates increasing confidence among both domestic and international investors in Egypt’s economic prospects and reflects the government's progress in developing a fully integrated ecosystem that connects manufacturing, trade,
Egypt has introduced a new digital platform, the Foreign Trade Procedures Portal, to simplify foreign trade processes and enhance transparency for businesses. This initiative, unveiled by the Ministry of Investment and Foreign Trade in collaboration with the United Nations Conference on Trade and Development UNCTAD and funded by the United Kingdom, aims to modernize the investment environment. The portal offers businesses centralized access to all import, export, and transit trade procedures, including relevant authorities and contact points, thereby reducing time, cost, and administrative complexity. Investment Minister Mohamed Farid Saleh stated that the portal signifies a significant advancement in making foreign trade procedures more accessible and transparent, reflecting Egypt's dedication to improving service delivery and trade process efficiency. This launch is part of broader structural reforms to streamline procedures and support investors, aligning with Egypt’s commitments under global trade frameworks, such as the Trade Facilitation Agreement joined in 2019. The portal is anticipated to accelerate trade flows and strengthen Egypt’s standing as a competitive and transparent destination for investment and international trade.