Egypt’s El-Sisi extends services of financial regulator, Suez canal heads

Egyptian President Abdel Fattah El-Sisi speaks at a news conference during a visit to Athens, Greece, Nov. 11, 2020. (Reuters)
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Updated 09 August 2021
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Egypt’s El-Sisi extends services of financial regulator, Suez canal heads

  • The prime minister extended the tenure of Mohamed Farid, chairman of the the Egyptian Exchange

CAIRO: Egypt’s President Abdel Fattah El-Sisi issued decrees extending the service of Financial Regulation Authority (FRA) chairman Mohamed Omran and Suez Canal Authority chairman Osama Rabie by one year, the presidency said in a statement on Sunday.
Rabie has held the post since August 2019, while Omran has been chairman of FRA since August 2017.
Meanwhile, Prime Minister Mostafa Madbouly extended the term of Mohamed Farid, chairman of the the Egyptian Exchange, for another four years. He succeeded Omran in 2017 when the latter’s tenure had expired.


Saudi Arabia among top states in tech security with 99% score, says official  

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Saudi Arabia among top states in tech security with 99% score, says official  

RIYADH: Programs and security initiatives launched by the Ministry of Interior have contributed significantly to improving quality of life in Saudi Arabia by generating high-quality data that supports planning and enables faster responses, placing the Kingdom in the global spotlight, Khalid Al-Bakr, CEO of the Quality of Life Program, told Al-Eqtisadiah. 

He noted that the Unified Security Operations Centers 911 in Riyadh, the Eastern Province, Madinah, and Makkah are among the Quality of Life Program’s initiatives implemented in partnership with the Ministry of Interior, producing data that helps develop plans and ensure swift responses to incidents. 

Al-Bakr added that technology has been integrated into security capabilities, including the use of body cameras for security personnel, which has helped maintain high levels of public safety. 

He highlighted that reporting violations or crimes via 911 has an average response time of just two seconds, describing it as a technological leap that serves residents and visitors alike and enhances trust in security services. 

The CEO of Saudi Arabia’s Quality of Life Program said the Kingdom ranks among the top countries globally in security technology, with a 99 percent rating, emphasizing that Saudi Arabia is a leader in leveraging advanced security technologies to serve residents and visitors, making it an attractive place to live and visit. 

Al-Bakr explained that the major transformation in the use of technology — particularly in services provided by the Ministry of Interior — has had a significant impact on quality of life, noting that accessing services such as passport or national ID renewal has become faster and more convenient, often available at the click of a button.