$30 trln in additional investments required to achieve net zero in 8 hard-to-abate sectors
The Net Zero Industry Tracker 2024 estimates that $30 trillion in additional capital will be required across ...
Sisi urges upgrading UN mechanism, taking action against terror-sponsor states
Egyptian President Abdel Fattah El Sisi set out a call to upgrade the United Nations mechanisms which was set over 70 years ago.
Sisi made the remarks during a session entitled “International Peace and Security: Current Challenges,” which is part of the third edition of the World Youth Forum in the Red Sea resort city of Sharm El Sheikh
He said the current UN mechanism is handling issues and files in an outdated way; therefore there is a dire need for updating it.
President Sisi also called for taking action against the countries backing terrorism to serve their own agendas.
He said terrorism is a “devilish industry” aiming to harm people and hamper their development, noting that organized crime falls under the umbrella of terrorism.
He cautioned that the most dangerous part of terrorism is that it is manipulating thought and creed to attain its goals and political interests.
He said terrorism started in Egypt in the fifties, adding that Egypt can lose around $15 billion if one or two terrorist operations were launched to send a message that Egypt is not a stable country; hence dealing a sharp blow to the tourism sector which is one of leading sources of income.
He added that “only politicians and intelligence can understand the messages behind terrorist attacks.”
Sisi warned that terrorism can harm the whole world; therefore a strict stand should be taken in the face of terror-sponsor countries.
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