«agreement in»:

EFG Foundation Signs Tripartite Agreement with Luxor Governorate and Luxor University to Drive Sustainable Development in Al-Deir Village

 The EFG Foundation for Social Development (EFG Foundation)، a non-profit، non-governmental organization that supports sustainable، high-impact development initiatives to assist local underprivileged communities، announced today the signing of a tripartite agreement with Luxor Governorate and University's Faculty of Fine Arts. This collaborative effort aims to spearhead development projects in Al-Deir village، a community affiliated with the Esna Center in Luxor Governorate.Under the auspices of His Excellency Counselor Mustafa Elham، Luxor Governor، in the presence of Mohamed Abdel Fattah Adam، Secretary General of the Governorate، and Hanaa Helmy، Group Chief Sustainability Officer of EFG Holding and CEO of the EFG Foundation، this agreement، which was signed on March 5، 2024، underscores a shared commitment to bolstering governmental initiatives in underprivileged areas.Central to this...


Tanmeyah Joins Forces with MSMEDA to Empower Approximately 10،000 Micro-Enterprises in Agreement Valued at 200 Million

  Tanmeyah، is a subsidiary of EFG Holding and a leading provider of financial services in Egypt with a concerted focus on the micro and small enterprise segments، announced today a collaborative agreement with the Egypt’s Micro، Small، and Medium Enterprise Development Agency (MSMEDA) for the formalization of a strategic contractual agreement valued at EGP 200 million. This collaboration is dedicated to financing micro-enterprises and demonstrates Tanmeyah’s solid commitment to enhancing financial inclusion and delivering essential financial services across Egypt in alignment with governmental initiatives. The agreement، signed by Mrs. Nevine Badr El Din، Director Micro Finance Central Sector MSMEDA، and Tanmeyah's CEO &MD، Jinu Johnson marks the commencement of a powerful partnership poised to empower approximately 10،000 micro-enterprises in expanding their...


Zenith International withdraws from the agreement to purchase oil fields belonging to the Austrian company OMV in Shabwa

 Zenith International Energy Production and Development Company, based in Canada, announced its withdrawal from the deal to purchase oil sectors in the Yemeni governorate of Shabwa belonging to the Austrian company (OMV Yemen). The company published a statement confirming its withdrawal from the purchase deal that was announced in early January of the year 2023;  The company justified its withdrawal by not meeting the conditions required to complete the agreement between the two partiesZenith confirmed the recovery of the first deposit of $4,323,800 million, in addition to accrued interest, after it was agreed with (OMV Yemen) to terminate the agreement. Zenith, which owns a 49% stake in OMV Yemen, agreed on January 3, 2023 to purchase the remaining shares in a deal...


UNMHA: The continued mine victims in Hodeidah require urgent intervention

 The United Nations Mission to Support the Hodeidah Agreement (UNMHA) stressed the need for urgent intervention in order to protect civilians in the governorate from the devastating effects of the conflict, especially landmines that are claiming more lives. In a statement issued by the mission, the mission indicated that the last civilian casualties as a result of a landmine explosion were in the Al-Durayhimi district, south of Al-Hodeidah.  "This unfortunate toll of civilian casualties is a reminder of the devastating impact of the conflict on the civilian population and the need for urgent intervention," he said.The statement condemned any form of violations of the Hodeidah Agreement, especially those affecting the civilian population.  The UN mission did not name the party responsible...


Muscat leaks in front of the Stockholm experience.. the martyr Al-Sulayhi and the illusions of peace with Al-Houthi

 In conjunction with leaks talking about progress in the international efforts towards peace in Yemen, the national resistance recalled one of the most prominent crimes committed by the Houthi terrorist group against these efforts during the past years. The leaks talk about advanced discussions regarding the establishment of a joint operations room that includes the Yemeni government, the Houthi group and the Arab coalition, according to what was published by the Chinese "Xinhua" agency correspondent, Fares Al-Hamiri, in his tweet on the "X-Twitter" platform previously.According to Al-Hamiri, quoting an informed source, the joint room is a product of the understandings reached by the Military Committee (which includes military representatives of the government, the Houthis and the coalition) under the auspices of...