{"id":589300,"date":"2023-06-25T00:00:00","date_gmt":"2023-06-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/25\/cabinet-ministers-talk-global-finance-egypt-india-relations-on-the-airwaves\/"},"modified":"2023-06-25T00:00:00","modified_gmt":"2023-06-25T00:00:00","slug":"cabinet-ministers-talk-global-finance-egypt-india-relations-on-the-airwaves","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/25\/cabinet-ministers-talk-global-finance-egypt-india-relations-on-the-airwaves\/","title":{"rendered":"Cabinet ministers talk global finance, Egypt-India relations on the airwaves"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The w<\/span><span style=\"font-weight:700\">orld is in a race against time to find alter<\/span><span style=\"font-weight:700\">native financing solutions<\/span><span style=\"\">, Finance Ministe<\/span><span>r Mohamed Maait told Nashat Al Dahi on Al Waraqa Al Qalam (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=wvP55yspPgQ&ab_channel=TeNTV\" style=\"\">watch, runtime: 5:17<\/a><\/span><span style=\"font-weight:400;\">). During a global crisis, the adoption of monetary tightening policies by some countries is resulting in an unprecedented rise in the cost of financing and debt servicing, Maait said. That many countries find themselves in a negative economic situation is a threat to the international financial system and could lead to a financial collapse like that seen in 2008, he added. Maait\u2019s comments come after President Abdel Fattah El SIsi called for reform of global finance at a Paris summit over the weekend. More on that in our Diplomacy section, below., <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The Egy<\/span><span style=\"font-weight:700\">ptian-Indian \u201cstrate<\/span><span style=\"font-weight:700\">gic partnership\u201d: <\/span><span style=\"\">The two countries are set to sign new <\/span><span>investment agreements, Planning Minister Hala El Said told Amr Adeeb (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=625198419796154\" style=\"\">watch, runtime: 4:06<\/a><\/span><span>), as Indian Prime Minister Narendra Modi kicks off a two-day trip to Egypt. Several sectors are on the table for potential partnerships, she added, including infrastructure, green industries, EV manufacturing, and pharma. Modi\u2019s visit was also covered by Al Hayah Al Youm (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=1694156567694744\" style=\"\">watch, runtime: 6:29<\/a><\/span><span style=\"font-weight:400;\">). We have more on the Indian businesses looking to invest here in the news well, above.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Some 20<\/span><span style=\"font-weight:700\">k new tombs will be built to provide an alternative sites for tombs <\/span><span style=\"font-weight:700\">threatened by rising gro<\/span><span style=\"font-weight:700\">undwater<\/span><span>, Cabinet Spokesperson Nader Saad told Lubna Assal on Al Hayah Al Youm (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=oe5ykeApopM&ab_channel=AlHayahTVNetwork\" style=\"\">watch, runtime: 7:18<\/a><\/span><span>), following Prime Minister Moustafa Madbouly\u2019s visit to the Salah Salem cemetery yesterday. The government will bear the full cost of transferring the tombs to the new Cemetery of the Immortals, Madbouly said, <\/span><span>while the Salah Salem site will be redeveloped into gardens, parks, and roads. No \u201csignificant construction\u201d will be undertaken at the site due to its low-lying elevation that causes a build up of groundwater, with the space instead to be used to add \u201cgreen lungs\u201d to Cairo, Madbouly <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/english.ahram.org.eg\/NewsContent\/1\/2\/503645\/Egypt\/Society\/Newly-announced-cemetery-for-historical-figures-to.aspx\" style=\"\">reportedly<\/a><\/span><span> said during his visit. <\/span><span>The story also got coverage from Ahmed Moussa on Ala Mas\u2019ouleety (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=7nKqZwwHCtw&ab_channel=SadaElbalad-%D8%B5%D8%AF%D9%89%D8%A7%D9%84%D8%A8%D9%84%D8%AF\" style=\"\">watch, runtime: 3:39<\/a><\/span><span>) and Lamees El Hadidi on Kelma Akhira (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/KelmaAkhira\/videos\/737827758097312\" style=\"\">watch, runtime: 5:29<\/a><\/span><span style=\"font-weight:400;\">).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Manch<\/span><span style=\"font-weight:700\">ester City coach Pep Guardiola\u2019s visit to Egypt<\/span><span style=\"\"> sends the message that \u201cEgypt is a<\/span><span> safe, hospitable and welcoming country where celebrities choose to vacation with their families and friends,\u201d head of the Tourism Promotion Board Amr El Kady said during a phone interview with Muhammad Al Baz on Akher El Nahar (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/alnahareg\/videos\/1287746801825248\" style=\"\">watch, runtime: 5:24<\/a><\/span><span>). Guardiola\u2019s visit also got coverage from Moussa (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=zjZKNvBukMY&ab_channel=SadaElbalad-%D8%B5%D8%AF%D9%89%D8%A7%D9%84%D8%A8%D9%84%D8%AF\" style=\"\">watch, runtime: 4:17<\/a><\/span><span>), El Hadidi (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=213454621147788\" style=\"\">watch, runtime: 5:11<\/a><\/span><span>) and Assal (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=625712416171128\" style=\"\">watch, runtime: 4:50<\/a><\/span><span style=\"font-weight:400;\">).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Mohamed Maait says world in \u201crace against time\u201d to fix financing<\/p>\n","protected":false},"author":1,"featured_media":589301,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[101,6551,72,727,106,277],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-589300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-development-finance","tag-egypt-india-relations","tag-enterpriseam","tag-hala-el-said","tag-last-nights-talk-shows","tag-mohamed-maait","wpautop","entry"],"acf":{"mongo_id":"ace8a673-be1d-4c68-962b-869d57f10f53","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/1235.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Cabinet ministers talk global finance, Egypt-India relations on the airwaves","related_issue":[589284],"teaser":"Finance Minister Mohamed Maait says world in \u201crace against time\u201d to fix financing","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.0cca7c2d-adce-40bc-8eb1-9bde47d45764.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The government is constantly updating its forecasts for Egypt\u2019s economic growth as developments in the global economy\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":549001,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/30\/maait-defends-governments-economic-record-on-the-airwaves\/","url_meta":{"origin":589300,"position":1},"title":"Maait defends government\u2019s economic record on the airwaves","author":"enterpriseam admin","date":"30 August 2022","format":false,"excerpt":"Finance Minister Mohamed Maait headlined the talk shows last night after his press conference yesterday defending the government\u2019s economic record. 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