News
Yasmin Ezz stirs controversy on social media
Egyptian TV presenter Yasmin Ezz has sparked controversy on social media because of her comment on Friday, Feb 18, in light of Ismailia’s bride, who was beaten on her wedding day, the accident that swept public opinion.
Many demanded suspending the anchor as she accepts violence against women and tries to become controversial to gain more viewership for her TV show.
A bride who her groom beat on the wedding day has been the trend of the week on the same night. After it became a viral topic in Egypt, the groom recorded another video and streamed on social media showing the couples who pretend to be happy accompanied by their male relatives eating a meal of pigeons, as there are no harmful feelings between them the newlyweds.
Ezz said on her TV show, “a man is a nervous creature by his nature, and a woman must absorb his anger. A man is a god gift to a woman. She should love him and cherish him” she resumes commenting on the bride’s reaction toward her groom act ” this woman is an excellent well-raised woman that absorbed her man anger, it’s unnatural that she will destroy a love story lasted 13 years for one single act that people don’t have any details about it. It’s good that she forgave him “.
The groom said to Youm7 Egyptian news website, that beating women is considered acceptable in their culture and lifestyle, and it’s ok if he hits his wife because she’s his cousin and life partner.
Social media reacted fast; some posted on Facebook in response to her comment, ” Violence is not supposed to be the subject of differing views and opinions; it’s a deliberate assault. I feel it is the opinion of an ignorant person.”
Ezz’s statement was deleted from MBC Egypt platforms in an attempt by the channel to cover up the subject. Still, it was exposed the day she made her statement the trend No 1 in Egypt was #اوقفو_ياسمين_عز, which translates to Stop Yasmin Ezz.
SpeakUp was the platform that created that hashtag, posting, “Yasmin is not only encouraging violence, she even thinks that the victim should be silent and bear it, but this kind of statement also should not appear on TV, there are no views on violence, celebrities supported that hashtag such as Mayan Elsayed, Abbas Abu El Hassan.
A woman on Egypt’s FaceBook page posted that Ezz advocated violence against women, and they demanded that she be boycotted and investigated. National Council for Women refused Ezz’s statement and thought it was inappropriate.
After many people demanded that Ezz be investigated, they thought the Ministry of Information would take action against Ezz. Still, they didn’t do anything until now.
Celebrities’ reactions on social media
TV presenter Moufida Shiha was sympathetic to the bride and took a stand against the groom, saying, ” It is obvious that a groom is a violent person regardless that he’s pretending by hugging her (in the video) that he’s good to her.”
Actor Aser Yassin Tweeted, ” My Grandfather used to say: do you know the difference between a real man and an unreal one? A real man is the one who lets his wife walks a step ahead of him and treats her like a queen; the unreal man is the one who leaves his wife a step behind him, treating her like an animal and hitting her”.
Actress Sumia Al Khashab tweeted, ” Any savage and ignorant man should know that his respect for the female is coming from his respect for himself; otherwise, he should go to live with the animals and apply the law of the jungle, in that case, we should wave goodbye to manhood and humanity.”
Actor Sabri Fawaz Posted, ” If a man kissed his wife on the street, it would be a scandal, and they might be bullied and beaten Because society considers this an indecent act. If a man hits his wife in the street, Society will not interfere. Rather, they will say(let him discipline her)”.
Actress Nashwa Mustafa posted on Facebook, ” well-raised men teach their kids that a real man never hurt a woman. ”
TV presenter Radwa Al Sherbieny tweeted In response to the groom’s words that beating women is normal “Its a regular act for animals living in a barn; otherwise, you and any man that hurts a woman should be disciplined, all the Egyptians: city people, countryside people, have dignity but you don’t have any, we have a law in this country against like you. ”
Yasmin Ezz apologizes
The next day, after public reaction on social media, Yasmin apologized on-air. She said that her words didn’t mean accepting or encouraging violence against women, but she was trying not to set fire to the new couple’s relationship.
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) today with J.P. Morgan to improve access to financing for small and medium-sized enterprises (SMEs) across the country.
The MOU was signed during 24 Fintech, a premier fintech event that brings together industry leaders, innovators, and investors in Riyadh.
J.P. Morgan and Lendo are working together on potential opportunities to support the SME sector in Saudi Arabia in growing and sustaining the remarkable demand in this market.
“This strategic collaboration with J.P. Morgan, a pioneer in the financial industry, marks a significant milestone for Lendo,” said Osama Alraee, CEO and co-founder of Lendo. “By combining our strengths, we’ll deliver cutting-edge financial solutions to SMEs, supporting their growth and contributing directly to the realization of Saudi Arabia’s Vision 2030.”
The SME financing landscape in MENA presents a substantial market opportunity as limited financial access continues to restrict the growth of the region’s businesses, with commercial banks hesitant to issue loans to SMEs at scale, resulting in a high percentage of declined financing requests annually.
The total SME financing gap in developing countries is estimated to be approximately $5.2 trillion, according to the International Finance Corporation (IFC).
Lendo’s debt crowdfunding platform aims to bridge the financing gap for SMEs, aligning with Saudi Vision 2030’s goal to significantly expand SME lending from 4% in 2018 to 20% by 2030.
According to the latest available report from the Saudi Central Bank (SAMA), the total value of debt crowdfunding in Saudi Arabia surged from SAR 1.4 million in 2019 to SAR 771 million in 2022, marking a remarkable growth.
Lendo raised SAR 132 million ($35.2 million) in total funding from leading investors, including the most recent Series B led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (PIF).
Since its inception in December 2019, Saudi fintech Lendo has processed over 5,000 financing transactions on its platform, providing over SAR 2 billion ($600 million) in financing to SMEs and generating SAR 280 million ($74 million) in returns for investors.
TA Telecom, a prominent player in the Middle East’s tech sector, has unveiled AnteThink, an AI-driven tool designed to enhance decision-making processes for individuals and businesses alike.
With a history of influencing the tech landscape through various initiatives, including advanced mobile solutions, high-volume payment platforms, and ventures in e-commerce, fintech, and analytics, TA Telecom has carved a niche for itself. Serving a vast user base of 40 million and processing an impressive 15 billion transactions across its platforms, TA Telecom has cemented its position as a tech industry leader, with some of its ventures achieving the status of Y Combinator companies.
Established in 2000, TA Telecom has emerged as a prominent player in the technology sector. With over 40 million users and processing 15 billion transactions annually, TA Telecom has made a notable impact. Recognized for its contributions by the Financial Times and featured on Deloitte’s list of fastest-growing tech companies in EMEA, TA Telecom is known for its adaptability and forward-thinking approach in the ever-evolving global tech landscape.
Sameh Ibrahim, CEO of TA Telecom, highlights the potential of AnteThink: “AnteThink reflects our commitment to leverage technology for practical impact. It aims to provide clarity and confidence in decision-making, whether in the professional or personal sphere. AnteThink is a tool that can empower startup founders, executives, and individuals to make more informed choices, alleviating the stress and uncertainty often associated with critical decision-making.”
Mostafa Ashour, CEO of Y Combinator-backed startup NowPay, shared his perspective on AnteThink: “AnteThink transformed our strategic planning, allowing us to explore various scenarios and prepare for different outcomes. It has strengthened our decision-making process, helping us navigate the complexities of the business landscape.”
AnteThink embodies TA Telecom’s commitment to innovation, focusing on supporting the startup ecosystem. The tool is tailored to help leaders and executives navigate the complexities of business management and strategic development by providing a clear picture of potential outcomes.
Key Features of AnteThink include:
1. Second Order Mode: Offering a comprehensive analysis of broader impacts, fostering a strategic mindset for long-term success.
2. Optionality Mode: Enabling detailed evaluation and comparison of different choices to ensure decisions align with strategic objectives and values.
3. Inversion Mode: Focusing on identifying and mitigating potential risks, thereby strengthening risk management strategies.
Credit: Antethink
AnteThink’s advanced AI technology aims to assist decision-makers with insightful analytics, offering guidance through the decision-making process.
Selina Bieber, the Senior Director of Global Markets at GoDaddy, has predicted a significant increase in Egypt’s e-commerce revenue. By 2028, it could reach $9.88 billion.
Godaddy is forming strategic partnerships and launching initiatives to help local entrepreneurs. These efforts align with Egypt’s digital transformation goals and its Vision 2030.
In an interview with the Arabic financial news “Amwal Al Ghad,” Bieber spoke about GoDaddy’s plans and how they match Egypt’s 2023 strategy. She highlighted the company’s aim to provide effective, easy-to-use digital tools and services. By 2024, GoDaddy wants to serve more customers in Egypt by making its digital tools more widespread.
The company is working closely with the Egyptian government, especially the Ministry of Planning. They are offering training programs to improve the digital skills of startups and existing businesses. GoDaddy’s services in Egypt include domain registration, web hosting, e-commerce solutions, and digital marketing tools.
Recent surveys support Bieber’s positive outlook for e-commerce in Egypt. They show a clear trend towards digital strategies among small businesses. Many are realizing the importance of having an online presence for their growth and success.
As GoDaddy continues its partnerships and supports government digital initiatives, its influence on Egypt’s digital landscape is growing. The company is committed to sustainability and reducing its carbon footprint. It aims not just for business growth but also to contribute to a sustainable and thriving digital economy in Egypt.
The 2028 projection indicates a vast potential for e-commerce, with GoDaddy playing a key role in this digital evolution.
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