{"id":616694,"date":"2024-03-10T00:00:00","date_gmt":"2024-03-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/10\/el-sisi-speaks-on-the-egp-float-gaza\/"},"modified":"2024-03-10T00:00:00","modified_gmt":"2024-03-10T00:00:00","slug":"el-sisi-speaks-on-the-egp-float-gaza","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/10\/el-sisi-speaks-on-the-egp-float-gaza\/","title":{"rendered":"El Sisi speaks on the EGP float, Gaza"},"content":{"rendered":"

El Sisi\u2019s take on the float:<\/strong>President Abdel Fattah El Sisi\u2019s addressed Egyptians for the first time since Wednesday \u2014 when the central bank floated the currency and hiked rates \u2014 yesterday in a speech during the Armed Forces Cultural Symposium. <\/p>\n

Why now? <\/strong>El Sisi refused to allow an EGP float last year due to \u201cnational security reasons,\u201d he said (watch, runtime<\/a>: 2:14:48<\/a>). Egypt needed \u201ca large amount of funding\u201d to regulate the market prior to a float, which was acquired via the USD 35 bn Ras El Hekma project and the larger IMF package we secured last week. <\/p>\n

On the bright side: <\/strong>Egypt has lived in a major crisis for the past four years but \u201cit will not be long before the Egyptians celebrate the fruits of their dedication, patience and investments in building the future of this homeland,\u201d El Sisi added.<\/p>\n

AND- The reconstruction of Gaza will cost over USD 90 bn according to early estimates, <\/strong>El Sisi said. <\/strong>\u201cEgypt is committed to pursuing efforts toward reaching a ceasefire [in Gaza], delivering aid, and providing relief to those affected by this massive disaster. Egypt will tirelessly work, no matter the cost, toward securing the brotherly Palestinian people\u2019s legitimate rights in their independent state,\u201d El Sisi said.<\/p>\n

El Sisi\u2019s speech received wide coverage: <\/strong>Kelma Akhira (watch, runtime: 2:19<\/a> | 3:46<\/a>), Ala Masouleety (watch, runtime: 3:46<\/a> | 2:42<\/a>), Masa\u2019a DMC (watch, runtime: 1:46<\/a>), and Al Hayah Al Youm (watch, runtime: 6:42<\/a>) all had coverage.<\/p>\n

ALSO ON THE AIRWAVES- <\/strong><\/p>\n

#1- Authorities crack down on corrupt officials: <\/strong>Several employees at the Social Solidarity Ministry have been arrested on charges of forgery, embezzlement of public funds, and bribery, reported eXtra News (watch, runtime: 1:43<\/a>). <\/p>\n

#2- <\/strong>Al Ahly crowned Egypt Cup victors:<\/strong> Al Ahly Club won<\/a>the Egypt Cup<\/a> after defeating Zamalek 2-0 on Friday. The victory was celebrated across the airwaves with coverage from Kelma Akira (watch, runtime: 6:43<\/a>) and Ala Masouleety (watch, runtime: 3:54<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

El Sisi\u2019s take on the float:President Abdel Fattah El Sisi\u2019s addressed Egyptians for the first time since Wednesday \u2014 when the central bank floated the currency and hiked rates \u2014 yesterday in a speech during the Armed Forces Cultural Symposium. Why now? El Sisi refused to allow an EGP float last year due to \u201cnational […]<\/p>\n","protected":false},"author":1,"featured_media":616695,"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":[96,72,167,106,3630,162],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-616694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-abdel-fattah-el-sisi","tag-enterpriseam","tag-gaza","tag-last-nights-talk-shows","tag-social-solidarity-ministry","tag-sports","wpautop","entry"],"acf":{"mongo_id":"aad91d26-3047-4b7a-8bdd-e37ba32e9b79","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/756.jpg","photo_position":"above","homepage_title":"","full_issue_title":"El Sisi on the EGP float, Gaza + Al Ahly takes the Egypt Cup home","related_issue":[616674],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.cdb107ac-04eb-4259-b086-de59e0f420ff.mp3"},"yoast_head":"\nEl Sisi speaks on the EGP float, Gaza - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/10\/el-sisi-speaks-on-the-egp-float-gaza\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi speaks on the EGP float, Gaza\" \/>\n<meta property=\"og:description\" content=\"El Sisi\u2019s take on the float:President Abdel Fattah El Sisi\u2019s addressed Egyptians for the first time since Wednesday \u2014 when the central bank floated the currency and hiked rates \u2014 yesterday in a speech during the Armed Forces Cultural Symposium. 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The US should pressure Netanyahu to agree to the American initiative,\u201d Ahmed Moussa said","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/978.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623875,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/12\/el-sisi-tells-gaza-conference-that-military-solutions-will-only-bring-more-turmoil-and-bloodshed-to-our-region\/","url_meta":{"origin":616694,"position":2},"title":"El Sisi tells Gaza conference that military solutions \u201cwill only bring more turmoil and bloodshed to our region\u201d","author":"enterpriseam admin","date":"12 June 2024","format":false,"excerpt":"President Abdel Fattah El Sisi stressed the need to \"compel Israel to end the blockade and cease using starvation as a weapon against the people of Gaza\"","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1147.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636762,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/06\/el-sisi-discusses-regional-developments-during-meeting-with-turkish-foreign-minister\/","url_meta":{"origin":616694,"position":3},"title":"El Sisi discusses regional developments during meeting with Turkish Foreign Minister","author":"enterpriseam admin","date":"6 August 2024","format":false,"excerpt":"Discussions focused on threats of an escalation in regional hostilities","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/415.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":653327,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/15\/el-sisi-touches-on-rights-of-palestinians-in-latest-public-remarks\/","url_meta":{"origin":616694,"position":4},"title":"El Sisi touches on rights of Palestinians in latest public remarks","author":"enterpriseam admin","date":"15 October 2024","format":false,"excerpt":"El Sisi talks Gaza, regional stability in latest speech: The nation's talking heads focused last night on President Abdel Fattah El Sisi\u2019s latest remarks (watch, runtime: 2:23:10), made during the Armed Forces' 40th cultural seminar, where he weighed in on Palestinian rights and regional peace. El Sisi emphasized the importance\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1158.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":666066,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/28\/el-sisi-sanchezs-call-took-over-the-airwaves-last-night\/","url_meta":{"origin":616694,"position":5},"title":"El Sisi, Sanchez\u2019s call took over the airwaves last night","author":"enterpriseam admin","date":"28 May 2025","format":false,"excerpt":"President Abdel Fattah El Sisi\u2019s phone call with Spanish Prime Minister Pedro Sanchez dominated the airwaves last night, with the nation\u2019s talking heads dedicating airtime to the conversation between the two leaders. The conversation centered around the situation in Gaza, developments in Syria, Lebanon, and Libya, with both sides stressing\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2323.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/616694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=616694"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/616694\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/616674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/616695"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=616694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=616694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=616694"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=616694"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=616694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}