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Arab press evaluation: Fall of Turkish lira might have an effect on Egyptian tourism
MEE staff
Thu, 01/06/2022 – 12:05
Egyptian tourism might undergo from collapse of Turkish lira
An official in Egypt confirmed that the decline of the change fee of the Turkish lira would inevitably have an effect on the competitiveness of Egyptian merchandise and would hurt the tourism sector in Egypt, in line with the London-based Al-Araby Al-Jadeed newspaper.
The supply, who works within the exports division of the Egyptian Chamber of Commerce, stated that “even after the rise in commodity costs in Turkey, their ultimate costs might be aggressive with the Egyptian merchandise, particularly [because] the nationwide merchandise [are] tied up with many manufacturing prices corresponding to taxes, charges, gas costs.
“The federal government should ease such burdens so the Egyptian items can compete.”
Nonetheless, he stated that the tourism sector would be the most affected by the Turkish monetary disaster.
“This decline towards the greenback will entice extra vacationers to Turkey, which is able to have an effect on Egypt’s share of those numbers, particularly in gentle of Turkish adeptness in attracting vacationers, which Egypt lacks,” he stated.
The official additionally highlighted the excessive prices going through vacationers in Egypt, compared with Turkey. A one-week keep in Turkey prices $636 (10,000 Egyptian kilos) together with the ticket, whereas the identical quantity would solely cowl every week in a second-class resort in Hurghada, a coastal metropolis in Egypt, in line with the newspaper.
Turkey is grappling with a extreme currency crisis by which the lira has misplaced 44 % of its worth towards the greenback within the final 12 months.
The foreign money rebounded from an all-time low of 18.4 towards the greenback final week after the introduction of a state scheme to guard native deposits from depreciation losses versus laborious currencies.
Islamic international locations reject US stress to normalise with Israel
Palestinian Overseas Minister Riyad al-Maliki has stated that Arab and Muslim international locations have rejected United States stress to pressure them to normalise their relations with Israel, in line with the Turkish Anadolu Agency.
Maliki on Wednesday indicated that “among the many international locations focused by the US stress are Indonesia, Malaysia, the Comoros islands and the Maldives.”
“We had been formally knowledgeable by these international locations that the US administration officers visited their capitals and urged them to normalise relations with Israel,” Maliki stated.
Maliki stated that the states made it clear that normalisation with Tel Aviv is conditional on Israel ending its occupation of the Palestinian territories, and the institution of an impartial Palestinian state alongside the 1967 borders, with East Jerusalem as its capital.
Maliki praised their place within the face of the stress marketing campaign primarily led by america, and never by Israel.
Israeli newspaper Yedioth Ahronoth on Tuesday stated that talks are underway with Comoros and the Maldives to ascertain relations with Israel.
Morocco fires imam over Fb publish
Morocco‘s Ministry of Non secular Endowments and Islamic Affairs has dismissed a mosque preacher within the western metropolis of Kenitra after deeming his social media posts as “political”, in line with the Moroccan Alyaoum24 web site.
The choice was introduced in an official letter issued to Rachid Benkirane, the preacher, by which he was knowledgeable that he can not give sermons on the mosque as a result of he printed political beliefs on Fb.
“Via your Fb web page, you have got been discussing matters of a political nature, which contradicts the textual content of Article No 7 of the Dahir Sharif (non secular legislation) referring to regulating the duties of spiritual staff and figuring out their standing,” the letter learn.
The letter clarified that this text prohibits non secular staff all through their duties from participating in any political or union exercise or from taking any place of a political or union nature.
Benkirane had lately appealed for “permitting sermons and preaching lectures inside mosques”, which some sources stated was behind the choice to dismiss him, in line with the web site.
*Arabic press evaluation is a digest of reports stories not independently verified as correct by Center East Eye
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