Egyptian president announces wage, pension rises to contain price hikes

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Egyptian president announces wage, pension rises to contain price hikes

STORY: Egyptian president announces wage, pension rises to contain price hikes DATELINE: March 4, 2023 LENGTH: 00:02:07 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the event 2. various of buildings STORYLINE: Egyptian President Abdel-Fattah al-Sisi on Thursday announced a package of measures to cushion the impact of the soaring prices. The measures included raising minimum wage for government employees to 3,500 Egyptian pounds (nearly 114 U.S. dollars) from 2,700 pounds and pensions by 15 percent, al-Sisi said in a speech that was broadcast by state-run Nile TV. The new decisions, which will be enforced on April 1, seek to "alleviate the effect of the global economic circumstances," al-Sisi said. The president said the Russia-Ukraine conflict has affected the global economy, which is yet to recover from the COVID-19 pandemic, adding "Egypt, like other countries, was affected by the rise in energy and food prices due to the disruption of the global supply chain." Al-Sisi's remark

  • Product Code
  • ILEA001246718
  • Registered date
  • 2023/3/04 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 134.80(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Egyptian president rejects forced displacement of Palestinians to Sinai

    STORY: Egyptian president rejects forced displacement of Palestinians to Sinai SHOOTING TIME: April 25, 2024/ File DATELINE: April 26, 2024 LENGTH: 00:01:06 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of views in Cairo 2. various of President Sisi delivering a televised speech (Courtesy of the Egyptian Presidency) 3. various of the headquarters of the Egyptian presidency STORYLINE: Egyptian President Abdel-Fattah al-Sisi on Thursday reiterated his country's firm rejection of any forced displacement of Palestinians from their land to Sinai. In a televised speech marking the 42nd anniversary of the liberation of Sinai, Sisi said the Egyptian stance is critical in "protecting the Palestinian cause from liquidation and defending Egypt's national security." "Egypt has exerted unyielding efforts to reach an immediate and urgent ceasefire, and ensure access for humanitarian aid into the Gaza Strip," he added, reiterating Egypt's persistent endeavors to push for the establishment of an independ

      Egypt conducts airdrops of aid to Gaza during Eid al-Fitr

      STORY: Egypt conducts airdrops of aid to Gaza during Eid al-Fitr SHOOTING TIME: April 15, 2024 DATELINE: April 16, 2024 LENGTH: 00:01:13 LOCATION: Cairo CATEGORY: OTHERS SHOTLIST: 1. various of airdrops of humanitarian and relief supplies (Courtesy of the Egyptian Armed Forces) STORYLINE: Egyptian Air Force has airdropped tonnes of relief and humanitarian aid, including food and medical supplies, to the Gaza Strip during the Eid al-Fitr holiday. Following the instructions of Egyptian President Abdel-Fattah al-Sisi, the Egyptian Air Force executed daily air drops of humanitarian aid in cooperation with Jordan. This initiative aligns with Egypt's endeavors to reach a ceasefire and secure the aid flow. In a meeting with UN Senior Humanitarian and Reconstruction Coordinator for Gaza Sigrid Kaag on Monday, Egyptian Foreign Minister Sameh Shoukry called for the opening of all land crossings between Israel and the Gaza Strip to increase the flow of aid. Shoukry urged for swift and serious action to deal with

        Egypt's president, CIA chief discuss joint mediation for Gaza ceasefire

        STORY: Egypt's president, CIA chief discuss joint mediation for Gaza ceasefire SHOOTING TIME: April 7, 2024 DATELINE: April 8, 2024 LENGTH: 00:00:35 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of the meeting between Egyptian President Abdel-Fattah al-Sisi and U.S. Central Intelligence Agency (CIA) Director William Burns (Courtesy of the Egyptian presidency) STORYLINE: Egyptian President Abdel-Fattah al-Sisi met on Sunday with U.S. Central Intelligence Agency (CIA) Director William Burns in Cairo, where they addressed joint mediation efforts to reach a ceasefire in the besieged Palestinian Gaza Strip. "The meeting focused on the joint Egyptian-Qatari-American efforts to reach a ceasefire in the Gaza Strip," the Egyptian presidency said in a statement. The talks between Sisi and Burns underlined the crucial need for intensified efforts to restore calm and halt the military escalation in the Palestinian enclave. They both agreed on the vital importance of protecting civilians and the gravity of

          Egypt slashes prices of daily necessities amid currency inflation

          STORY: Egypt slashes prices of daily necessities amid currency inflation SHOOTING TIME: April 5, 2024 DATELINE: April 6, 2024 LENGTH: 00:02:34 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Cairo citizens shopping at markets 2. SOUNDBITE (Arabic): AMEL ABDEL-QAWY MOHAMED, Director of Supply Department in Cairo's Masr El Gedida neighbourhood 3. various of daily necessities STORYLINE: Egyptian government is expanding the supply of daily necessities by giving discounts ranging from 15 to 20 percent. Markets have already made considerable decreases in prices such as those of poultry and eggs starting from last Tuesday, as the government aims to slash prices of food commodities by 30 percent in the coming weeks in collaboration with the private sector. SOUNDBITE (Arabic): AMEL ABDEL-QAWY MOHAMED, Director of Supply Department in Cairo's Masr El Gedida neighborhood "Of course, we are in the process of carrying out this initiative by decreasing prices, from 15 to 20 percent, of the basic or the stra

            Egypt's president sworn in for 3rd term in new capital

            STORY: Egypt's president sworn in for 3rd term in new capital SHOOTING TIME: April 2, 2024 DATELINE: April 2, 2024 LENGTH: 00:02:33 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of Abdel-Fattah al-Sisi taking constitutional oath as president of Egypt (Courtesy of the Egyptian Presidency) STORYLINE: Abdel-Fattah al-Sisi took the constitutional oath on Tuesday as president of Egypt for a third consecutive term in office, serving until 2030, the state-run Nile TV reported. In an aired ceremony held at the headquarters of the Egyptian Parliament in the New Administrative Capital, Sisi vowed to "protect the republican system, respect the constitution and the law, safeguard the people's interests, and to preserve the independence of the nation and the unity of land." "I reaffirm my commitment to continuing the journey of nation-building and fulfilling the aspirations of the Egyptian people in building a modern democratic state," the Egyptian president said in a speech after taking the oath.

              China's Xiaomi releases its first self-developed NEV

              STORY: China's Xiaomi releases its first self-developed NEV SHOOTING TIME: March 28, 2024 DATELINE: March 29, 2024 LENGTH: 0:00:43 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the new energy vehicle model SU7 STORYLINE: Chinese tech firm Xiaomi on Thursday night released its first self-developed new energy vehicle model SU7. Three versions of the model -- SU7, SU7 Pro and SU7 Max -- will enter the market, with the prices ranging from 215,900 yuan (30,431 U.S. dollars) to 299,900 yuan. Designed with a minimum range of 700 km, the SU7 and SU7 Max will start to be delivered to customers by late April, while the SU7 Pro will be delivered by the end of May. Lei Jun, founder and CEO of Xiaomi, said at the launch event that the tech firm has achieved technological breakthroughs in key fields such as modeling design, batteries, intelligent driving and intelligent cockpits. Xiaomi entered the NEV sector in 2021 and built a factory covering a land area of more than 700,000 square meter

                Egypt raises fuel prices amid economic reform, transportation cost surge

                STORY: Egypt raises fuel prices amid economic reform, transportation cost surge SHOOTING TIME: Archive DATELINE: March 23, 2024 LENGTH: 00:01:05 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Egyptian Ministry of Petroleum 2. various of fuel stations in Cairo STORYLINE: Egypt announced on Friday it would raise the prices of fuel due to the impact of exchange rate liberalization on the economy and rising transportation costs of petroleum products. The Ministry of Petroleum and Mineral Resources said in a statement that gasoline prices would rise by one Egyptian pound (about 2 U.S. cents) per liter, bringing the price of 80-octane gasoline to 11 pounds, 92-octane gasoline to 12.5 pounds, and 95-octane gasoline to 13.5 pounds. The ministry attributed the price hike to exchange rate liberalization and the rising transportation costs of petroleum products, exacerbated by tensions in the Red Sea. Additionally, diesel prices rose to 10 pounds per liter from 8.25 pounds, and the price of the 12.5

                  Al-Sisi, Blinken discuss Gaza conflict in Cairo talks

                  STORY: Al-Sisi, Blinken discuss Gaza conflict in Cairo talks SHOOTING TIME: March 21, 2024 DATELINE: March 22, 2024 LENGTH: 00:00:21 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of Egyptian President Abdel-Fattah al-Sisi meeting with U.S. Secretary of State Antony Blinken (Source: Egyptian Presidency) STORYLINE: Egyptian President Abdel-Fattah al-Sisi met with visiting U.S. Secretary of State Antony Blinken on Thursday to discuss the escalating situation in Gaza, the Egyptian presidency said. The talks, which included Egypt's Foreign Minister Sameh Shoukry and intelligence chief Abbas Kamel, focused on the conflict in Gaza and efforts to mediate a ceasefire and prisoner exchange, according to the presidency's statement. Al-Sisi emphasized the urgent need for a ceasefire, citing a humanitarian crisis and famine in the besieged coastal territory that threatens civilian lives, particularly in the city of Rafah, where nearly 1.5 million Palestinian refugees are seeking sanctuary. "The be

                    EU provides Egypt with 7.4-bln-euro financial package: president

                    STORY: EU provides Egypt with 7.4-bln-euro financial package: president SHOOTING TIME: March 17, 2024 DATELINE: March 18, 2024 LENGTH: 00:00:48 LOCATION: Cairo CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of Egyptian President Abdel-Fattah al-Sisi meeting with European leaders (Courtesy of the Egyptian Presidency) 2. various of the signing ceremony (Courtesy of the Egyptian Presidency) STORYLINE: The European Union (EU) agreed on Sunday to provide a financial package of approximately 7.4 billion euros (8.06 billion U.S. dollars) to bolster the Egyptian economy, Egyptian President Abdel-Fattah al-Sisi said. Sisi made the remarks during a press conference jointly held with visiting European Commission President Ursula von der Leyen and other senior officials from the bloc, during which he announced that Egypt and the EU signed a joint political declaration to "embark on a collaborative path" toward upgrading their bilateral relations to the "strategic and comprehensive partnership level." The financi

                      Egypt's president reaffirms endeavors to reach ceasefire in Gaza

                      STORY: Egypt's president reaffirms endeavors to reach ceasefire in Gaza SHOOTING TIME: March 15, 2024 DATELINE: March 16, 2024 LENGTH: 0:01:04 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of Abdel-Fattah al-Sisi delivering a speech at the country's Police Academy (Courtesy of Egyptian Presidency) STORYLINE: Egypt has been making sincere efforts to reach a ceasefire in the Gaza Strip to protect and rescue innocent civilians, President Abdel-Fattah al-Sisi said Friday. In televised remarks broadcast on the state-run Nile TV, Sisi said at the country's Police Academy that "we are striving to halt the bloodshed in Gaza to boost aid deliveries to the enclave and allow displaced people in its south to move back north." "We wish within a few days at most to reach a ceasefire and not to have a negative development that could affect the situation," he said, adding Egypt has been endeavoring to facilitate the delivery of the maximum amount of aid possible to Gaza. The Egyptian president also warned aga