Egypt receives 15 bln USD from UAE investment for Mediterranean coast project

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

Egypt receives 15 bln USD from UAE investment for Mediterranean coast project

STORY: Egypt receives 15 bln USD from UAE investment for Mediterranean coast project SHOOTING DATE: March 1, 2024 DATELINE: March 2, 2024 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a cabinet meeting 2. various of the central bank 3. various of counting banknotes STORYLINE: The Egyptian government announced that it had received five billion U.S. dollars on Friday from the United Arab Emirates (UAE) as part of the latter's multibillion-dollar investment to develop a new city on Egypt's northern coast. According to a statement released by the cabinet, an amount of five billion dollars was received on Thursday as part of the same deal. Additionally, the central banks of both countries have completed the coordination required for transferring a five billion dollar deposit from the UAE to Egypt. "With the receipt of a total of 15 billion U.S. dollars, the first tranche of the 35-billion U.S. dollar investment from UAE has been received," the statement added, adding the rem

  • Product Code
  • ILEA002404291
  • Registered date
  • 2024/3/02 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 64.89(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Kenya allocates 30 mln USD for flood response as death toll reaches 70

    STORY: Kenya allocates 30 mln USD for flood response as death toll reaches 70 SHOOTING TIME: April 25, 2024 DATELINE: April 27, 2024 LENGTH: 00:01:22 LOCATION: Nairobi CATEGORY: SOCIETY SHOTLIST: 1. various of floods stricken areas STORYLINE: Kenya has allocated 4 billion shillings (about 30 million U.S. dollars) for immediate response to the devastating flooding caused by heavy rains in several parts of the country, Deputy President Rigathi Gachagua said Friday. The government has intensified efforts to mitigate disasters resulting from the ongoing enhanced rains and floods, despite the meteorological department's warning of continued heavy rainfall for the next three days, Gachagua said. Since the onset of the heavy rainfall, 70 people have lost their lives, 22 have been injured and eight are missing, according to Gachagua. He added that 131,179 people have been affected by the rains, with contingency plans in place to enhance the coordination of the emergency response. "We are in discussions with the

      Bank of Japan keeps interest rate unchanged, yen sinks below 156

      STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

        Turkish president urges global action against crime in Gaza

        STORY: Turkish president urges global action against crime in Gaza SHOOTING TIME: April 26, 2024 DATELINE: April 27, 2024 LENGTH: 00:01:01 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of the conference 2. various of Turkish President Recep Tayyip Erdogan speaking at the conference 3. various of the conference STORYLINE: Turkish President Recep Tayyip Erdogan called on the world countries on Friday to amplify their voices against the crime in the Gaza Strip. He made the remarks at the 5th Conference of the League of Parliamentarians for Jerusalem held in Istanbul. Parliament speakers from various countries participated in the three-day conference themed "Freedom and Independence for Palestine." Erdogan criticized the United States for its "unconditional military and diplomatic support to Israel," recalling the U.S. Senate's approval of a military aid package to Israel on Tuesday. Hailing the League of Parliamentarians for Jerusalem as the global advocate and embodiment of

          Arab League calls for binding UN resolution on Gaza conflict

          STORY: Arab League calls for binding UN resolution on Gaza conflict SHOOTING TIME: April 24, 2024 DATELINE: April 25, 2024 LENGTH: 00:01:01 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of the headquarters of the Arab League in Cairo 2. various of the Secretary-General of the Arab League, Ahmed Aboul Gheit, delivering a speech on extraordinary meeting (courtesy of AL) STORYLINE: The Council of the Arab League renewed on Wednesday its call for the UN Security Council to take a "binding resolution" that would put an end to the war in the Gaza Strip. At the request of the State of Palestine, the permanent delegates of the Arab League held an extraordinary meeting to discuss "the continuation of Israeli crimes in Gaza." The delegates also deliberated on repercussions from the American veto in the Security Council vote on Palestine's full United Nations membership. The League criticized the "inability of the international community" to put an end to the suffering of the Palestinians. Ahmed Ab

            Global military spending surges amid conflicts, rising tensions: think tank

            STORY: Global military spending surges amid conflicts, rising tensions: think tank SHOOTING TIME: April 22, 2024 DATELINE: April 23, 2024 LENGTH: 00:01:13 LOCATION: Stockholm CATEGORY: MILITARY SHOTLIST: 1. various of the Stockholm International Peace Research Institute STORYLINE: Global military spending saw its steepest year-on-year increase last year since 2009, amid conflicts, rising tensions and insecurity, a Stockholm-based think tank said on Monday. In its latest report, the Stockholm International Peace Research Institute (SIPRI) said that total global military expenditure reached 2,443 billion U.S. dollars in 2023, an increase of 6.8 percent in real terms from 2022. The United States is the largest global spender. Lorenzo Scarazzato, a researcher at SIPRI's Military Expenditure and Arms Production Program, said that such an unprecedented rise in military spending is a direct response to a global deterioration in peace and security. While countries are prioritizing military strength, they r

              Egypt targets 1 bln USD from selling stakes in state assets in 2024: minister

              STORY: Egypt targets 1 bln USD from selling stakes in state assets in 2024: minister SHOOTING TIME: File DATELINE: April 22, 2024 LENGTH: 00:00:46 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Planning Minister Hala El-Said speaking 2. various of the Central Bank of Egypt 3. various of an accountant counting banknotes STORYLINE: Egypt's minister of planning and economic development, Hala El-Said said on Sunday that the government aims to raise 1 billion USD this year by selling state assets through its ongoing privatisation program. She said that the government aims for an increased target of 1.5 billion USD for 2025. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

                Over 800 Afghan refugees return home from Pakistan in 2 days

                STORY: Over 800 Afghan refugees return home from Pakistan in 2 days SHOOTING TIME: April 21, 2024 DATELINE: April 22, 2024 LENGTH: 0:01:32 LOCATION: TORKHAM, Afghanistan CATEGORY: SOCIETY SHOTLIST: 1. Various of the scene at the Torkham border, east Afghanistan's Nangarhar Province STORYLINE: More than 800 Afghan refugees have returned to their homeland from neighboring Pakistan on Friday and Thursday, Afghanistan's Ministry for Refugees and Repatriation Affairs said Saturday. A total of 837 refugees returned from Pakistan via the Torkham and Spin Boldak border crossing points to Afghanistan, the ministry said in a statement posted on its X account. The Pakistani government reportedly started the second phase of sending back Afghan migrants from April 15, and more than 550,000 Afghan refugees returned from Pakistan in the first phase, according to Afghan officials. The Afghan caretaker government has repeatedly urged Afghan migrants living abroad to return home and contribute to rebuilding their war-tor

                  About 16 mln Afghans to experience crisis and emergency levels of food insecurity: UN report

                  STORY: About 16 mln Afghans to experience crisis and emergency levels of food insecurity: UN report SHOOTING TIME: April 20, 2024 DATELINE: April 21, 2024 LENGTH: 00:01:13 LOCATION: Kabul CATEGORY: SOCIETY SHOTLIST: 1. various of local residents in Kabul STORYLINE: An estimated 15.8 million people in war-ravaged Afghanistan will experience crisis and emergency levels of food insecurity in 2024, said a United Nations (UN) report released Thursday. According to the 2023 UN Afghanistan Annual Results Report, the majority of Afghanistan's population is unable to procure basic needs such as healthcare, food, livelihoods and housing. "As 2023 began, families across Afghanistan continued to struggle to feed their children. Nine out of 10 people were not consuming an adequate amount of food, the cost of which absorbed an overwhelming 89 percent of household incomes," it said. According to the 2023 Global Hunger Index, Afghanistan ranked 114th among 125 countries with sufficient data to calculate the index score

                    Indian gov't eases exports of onions to Sri Lanka, UAE

                    STORY: Indian gov't eases exports of onions to Sri Lanka, UAE SHOOTING TIME: April 19, 2024 DATELINE: April 20, 2024 LENGTH: 00:01:28 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shot of India gate 2. various of onion market 3. various of export containers STORYLINE: The Indian government has eased exports of onions to Sri Lanka and the United Arab Emirates (UAE), confirmed a senior official of the federal Ministry of Commerce and Industry on Thursday. A notification issued by the Directorate General of Foreign Trade on Monday stated that the exports of onions would be carried out through the National Cooperative Exports Limited. The government has permitted exports of an additional 10,000 metric tons (MT) of onions to the UAE (above 24,400 MTs already allowed) and 10,000 MTs to Sri Lanka, said the notification. The federal government's decision to ease exports to Sri Lanka and the UAE assumes significance in the aftermath of the ban on exports of the commodity till last month in a bid to check p

                      NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1

                      STORY: NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1 SHOOTING TIME: April 10, 2024 DATELINE: April 20, 2024 LENGTH: 0:00:57 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region 2. various of a China-Europe freight train 3. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region STORYLINE: Total import and export value of goods in northwest China's Xinjiang Uygur Autonomous Region grew by 42.7 percent year on year to 93.63 billion yuan (about 13.2 billion U.S. dollars) in the first quarter of 2024, the second highest growth rate among all provinces, autonomous regions and municipalities in China, official data showed on Thursday. In March 2024 alone, Xinjiang's foreign trade value grew by 27.3 percent, registering growth for 29 consecutive months. From January to March, the region had conducted trade with 193 countries and regions across the globe. Kazakhstan and Kyrgyzstan