Climate and technology dominate the activities of the first day of the “Islamic Development Bank” meetings

Climate and technology dominate the activities of the first day of the “Islamic Development Bank” meetings

Half of the world’s population suffers from a lack of internet access … and pollution for all

Thursday – 3 Dhu al-Qi’dah 1443 AH – 02 June 2022 AD Issue no. [

One of the sessions of the first day of the “Islamic Development Bank” group meetings in Sharm El-Sheikh (Middle East)

Sharm El-Sheikh: Sabri is successful

The activities of the first day, in the first activities included in the meetings of the Islamic Development Bank group, in the Egyptian city of Sharm El-Sheikh, yesterday, Wednesday, were witnessed by heated discussions that focused on climate and technology as a whole focused, and their mutual role to influence each other.
The participants recognized the need for serious work and effective action, in order to address the challenges associated with digitization, e-government systems and digital transformation, and to agree on a regional perspective to address the issues raised in this field, to address, and that there should be a government role to work on expanding digitization services and digital transformation.
They called for the need for a successful ecosystem to establish and implement eGovernment services, and that there should be coordination, cooperation and partnership between the public and private sectors to establish successful eGovernment systems and services.
Amer Bokvich, director general of global practices and partnerships at the Islamic Development Bank, said the bank would work through a roadmap to reduce the digital divide, and that a digital inclusion strategy 2025 would be launched next year , and work to encourage all bodies, institutions and parties to participate. Point out that it will go hand in hand with the bank’s serious work to involve all organizations and all international bodies, in order to develop the digital economy.
He pointed out that the Islamic Development Bank had invested about $ 2 billion in the advancement of financial technology. He said: “Smart cities will – without a doubt – be the real driving force of the economy.”
He added, “There are up to 3.7 billion people, representing about half of the world’s population, who suffer from noticeable problems with access to and access to the Internet, and most of them live in the least developed countries. and are members of the (Islamic Development) Bank). “
Hassan Nasser, vice president of the Digital Cooperation Organization in the Kingdom of Saudi Arabia, said that the organization started its work in the field of digital collaboration two years ago, and its expansion continues by joining new partners. close and invite international organizations for partnership, work and collaboration; He pointed out that the “Covid-19” pandemic has contributed to accelerating the pace of technology, and the need for digital transformation to be comprehensive and sustainable. He added: “Whoever falls behind in digital transformation will not get the desired benefit from the digital economy.”
Nasser warned about the danger of the lack of knowledge that deprives about 60 percent of people of taking advantage and dealing properly with the internet.
Malak Hisham Al-Baba, Director of the Visa Egypt Office, indicated in a separate session that the number of digital cash transactions (due to contactlessness due to the “Corona” pandemic) increased by 900 percent within a few months, and noted that her company’s research shows that financial technology distribution does not This is hampered by the pricing of services, and the merchants themselves have the desire to address the channels of marketing and electronic payment.
In turn, Rasha Negm, Assistant Deputy Governor of the Central Bank of Egypt, said that “there are regulations for issuing digital banking licenses in Egypt, and they will be issued soon; Especially since financial technology has become the main factor in various markets, and everyone has smartphones that help them connect to financial inclusion, through digital transactions. ”
Najm explained that there are more players in the market; As well as start-up companies, and when the Central Bank set the financial technology strategy, this was reflected in the development of the landscape, and the development of the information technology industry. In 2014, there were two financial technology companies, and now it has increased 55 times. In Egypt, we have 14 sectors that have become possible in terms of financial technology, and there are many business relationships between a company, a customer, and a company.
Regarding the climate and its role in public life, Jamil Helmy Abdel Wahed, Assistant Minister of Planning and Economic Development for Succession Affairs, said in a session held specifically for this issue: “When the Sustainable Development Strategy was launched is, there was great interest in the economic dimension; and social; It was important in the environmental dimension to have a clear orientation and criteria that could be achieved. A guide to environmental sustainability criteria was introduced for the first time, which aims to increase green public investment, which was 15 percent during 2019, to 30 percent.
He added: “All countries in the world have begun to pay attention to environmental issues, and in Egypt they are also linked to the (Decent Life) initiative, which aims to reduce poverty rates. The Statistics Authority confirmed the initiative’s impact on poverty reduction by 11 percentage points, and in two years in 375 towns, the state has managed to reduce poverty rates as positive results for a preliminary stage to develop the entire Egyptian countryside.


Egypt’s economy

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