Sisi: Mega Projects Support Egypt’s 'Resilience'

Egyptian President Abdel Fattah al-Sisi delivering a speech on the occasion of Labor Day on Sunday, May 1, 2022. (Egyptian Presidency)
Egyptian President Abdel Fattah al-Sisi delivering a speech on the occasion of Labor Day on Sunday, May 1, 2022. (Egyptian Presidency)
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Sisi: Mega Projects Support Egypt’s 'Resilience'

Egyptian President Abdel Fattah al-Sisi delivering a speech on the occasion of Labor Day on Sunday, May 1, 2022. (Egyptian Presidency)
Egyptian President Abdel Fattah al-Sisi delivering a speech on the occasion of Labor Day on Sunday, May 1, 2022. (Egyptian Presidency)

Egyptian President Abdel Fattah al-Sisi said the successive achievements and the national megaprojects have helped Cairo overcome the recent international crises, in reference to the impacts of the Russian-Ukrainian war and the COVID-19 pandemic.

In his speech on Sunday marking the occasion of Labor Day, Sisi mentioned the support and social protection programs implemented by the government to help the most needy groups and irregular employees during the crises.

He underlined the preventive measures implemented to protect Egypt’s economy.

“The successive achievements and mega projects that have been implemented during the past seven years were the major reason behind Egypt’s resilience in the face of challenges and crises,” said Sisi.

They all aimed at improving the quality of life and achieving a decent life for Egyptian citizens.

The situation in Egypt was highly affected by the pandemic, followed by the Russian invasion of Ukraine.

It is typically the world’s largest wheat importer, buying more than 60% of its wheat from abroad. Russia and Ukraine accounted for some 80% of those imports.

Sisi said millions of workers in the world have lost their jobs during the pandemic, when modern technology emerged as the best substitute.

“Those who made the best use of modern digital developments and kept pace with it were the winners,” he said, noting that the government was keen to digitally transform all its services and sectors.

Sisi said the government has provided cash social grants to irregular workers and supported them economically by providing them with appropriate job opportunities and integrating them into the public sector.

Regular workers in troubled companies were also paid their salaries through the Employee Relief Fund.

The state also supported entrepreneurs by issuing a package of exemptions and monetary benefits to ease their burdens, Sisi stressed.

He pointed out that international organizations and parties hailed these measures and considered Egypt an exemplary model in this regard.

Sisi underscored the Egyptian workers’ contribution to advancing the development path.

He announced that he has directed the government to expedite finalizing the National Employment Strategy (NES) to create new job opportunities for the youths, in line with the labor market requirements.



Fires Break Out on Abandoned Oil Tanker Sounion That Houthis Attacked in Red Sea

Greek-flagged oil tanker Sounion is pictured in Yarımca, Gulf of Izmit, east of Istanbul, Türkiye, May 31, 2024. (Reuters)
Greek-flagged oil tanker Sounion is pictured in Yarımca, Gulf of Izmit, east of Istanbul, Türkiye, May 31, 2024. (Reuters)
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Fires Break Out on Abandoned Oil Tanker Sounion That Houthis Attacked in Red Sea

Greek-flagged oil tanker Sounion is pictured in Yarımca, Gulf of Izmit, east of Istanbul, Türkiye, May 31, 2024. (Reuters)
Greek-flagged oil tanker Sounion is pictured in Yarımca, Gulf of Izmit, east of Istanbul, Türkiye, May 31, 2024. (Reuters)

Fires broke out Friday on a Greek-flagged oil tanker previously attacked by the Iran-backed Houthi militias in Yemen this week, with the vessel now appearing to be adrift in the Red Sea, authorities said.

It wasn't immediately clear what had happened to the oil tanker Sounion, which had been abandoned by its crew on Thursday and reportedly anchored in place.

The Houthis didn't immediately acknowledge the fire. The militias are suspected to have gone back and attacked at least one other vessel that later sank as part of their monthslong campaign against shipping in the Red Sea over the ongoing Israel-Hamas war in the Gaza Strip that's disrupted a trade route that typically sees $1 trillion in goods pass through it annually.

The British military's United Kingdom Maritime Trade Operations center reported the fires in a note to mariners on Friday night.

“UKMTO have received a report that three fires have been observed on vessel,” the center said. “The vessel appears to be drifting.”

A US defense official, speaking on condition of anonymity to discuss intelligence matters, said American officials were aware of the fires and continued to monitor the situation.

The vessel had been staffed by a crew of 25 Filipinos and Russians, as well as four private security personnel, who were taken by a French destroyer to nearby Djibouti, the EU's Aspides naval mission in the Red Sea said on Thursday.

The Sounion has 150,000 tons of crude oil aboard and represents a “navigational and environmental hazard,” the mission warned. “It is essential that everyone in the area exercises caution and refrains from any actions that could lead to a deterioration of the current situation.”

The Houthis have targeted more than 80 vessels with missiles and drones since the war in Gaza started in October. They seized one vessel and sank two in the campaign that also killed four sailors.

Other missiles and drones have either been intercepted by a US-led coalition in the Red Sea or failed to reach their targets.

The Houthis maintain that they target ships linked to Israel, the United States or the UK to force an end to Israel's campaign against Hamas in Gaza. However, many of the ships attacked have little or no connection to the conflict, including some bound for Iran.

As Iran threatens to retaliate against Israel over the assassination of Hamas leader Ismail Haniyeh in Tehran, the US military told the USS Abraham Lincoln aircraft carrier strike group to sail more quickly to the area. Early Thursday, the US military’s Central Command said that the Lincoln had reached the waters of the Middle East, without elaborating.

Washington also has ordered the USS Georgia-guided missile submarine to the region, while the USS Theodore Roosevelt aircraft carrier strike group was in the Gulf of Oman.

Additional F-22 fighter jets have flown into the region and the USS Wasp, a large amphibious assault ship carrying F-35 fighter jets, is in the Mediterranean Sea.