Wrap-up of Egypt’s top news June 17
Recovered debris of the EgyptAir jet that crashed in the Mediterranean Sea is seen in this handout image released May 21, 2016 by Egypt's military. Egyptian Military/Handout via Reuters/File photo
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CAIRO: No more browsing from site to site, view the top news of Egypt here:

Business:

Telecommunication at forefront of EGX last week

The telecommunications sector came in the forefront of the Egyptian Stock Exchange last week with a trading volume of 2,554 million shares worth 270.2 million EGP, followed by real estate and then the financial services sector.

Social fund for development, agriculture bank sign agreement to develop SMEs

Secretary General of the Social Fund for Development (SFD) Soha Soliman and the Principal Bank for Development and Agricultural Credit signed a cooperation protocol worth 25 million EGP to develop small and medium enterprises in the field of agriculture, according to Youm7.

Egypt, Canada sign 3 grant agreements in education and food fields

International Cooperation Minister Sahar Nasr signed with her Canadian counterpart Marie-Claude Bibeau three grant agreements worth C$30.6m in the fields of technical education, food security, and small- and medium-sized enterprises (SMEs.)

The agreements were signed during the Montreal International Conference concluded Thursday in Canada.

African Development Bank delegation due in Cairo Sat. to deliver $500 m loan

A delegation from the African Development Bank (AfDB) is scheduled to arrive in Cairo Saturday in preparation for the release of a loan agreement of US $500 million.

Local News

Suez FGM doctors flees to Turkey: Youm7 sources

The doctor who performed female genital mutilation on a 17-year old, leading to her death, has escaped to Turkey, medical sources and sources close to her family to Youm7. She circumcised the girl in a privately-owned hospital in Suez last month.

Health ministry launches Mobile app to report medicine price hike

Health Minister Ahmed Emad has launched a new mobile application to inform people with the recent increase in the price of medicines.

In May, Egypt increased the price of medicines under EGP 30 by 20 percent in an effort to tackle a shortage in supply.

Sisi, Ismail discuss layout of Knowledge City at new administrative capital

President Abdel Fatah al Sisi met with Prime Minister Sherif Ismail Thursday to review the design and layout of the Knowledge City at the  under construction administrative capital.

Politics

Analysis of EgyptAir plane black boxes may take weeks

It may take weeks to analyze the data recovered from the two black boxes of the EgyptAir plane that crashed last month; if there is damage it will be fixed locally, but if the damage is severe it will be transferred abroad for recovery, Youm7 reported.

Health Committee to visit 57357 hospital over long waiting lists

The Health Committee of the parliament will visit the Children’s Cancer Hospital 57357 Sunday to study the amount of donations received by the hospital versus the long waiting lists it has, Youm7 reported.

Our very deepest sympathy goes out to Giulio’s family: MP says

Head of the Foreign Relations Committee at the Egyptian House of Representatives Mohamed Al Orabi said in a statement Thursday that the committee understands the “human tragedy” Regeni’s parents are currently going through asserting that Egypt and Italy cooperate to unveil the truth about his killing.

The statement came during a Thursday meeting by the committee to discuss  an expected visit by a delegation of the European Parliament to Egypt to investigate the killing of Italian researcher Guilio Regeni after his parents called on the European Union to impose sanctions against Egypt for “not co-operating” to solve their son’s murder.

Sports

Egyptian javelin thrower Ihab Abdel Rahman snatches Stockholm 2016 Diamond League

Egyptian javelin thrower Ihab Abdel Rahman won the Stockholm edition of the Diamond League with a throw of 86m, Youm7 reported.

Abdel Rahman, 27, made a throw of 88.99 meters and came first before Germany’s Thomas Röhler who took the 2nd place with a throw of 85.89. Abdel Rahman won the silver medal at the 2015 International Association of Athletics Federation (IAAF) World Championships in Beijing.

Al Ahly to face Zambia’s Zesco in CAF Champions’ League

Al Ahly SC mission flied to Zambia Thursday for anticipated encounter against Zesco SC in the CAF Champions League Group A opener scheduled for Saturday.

The record eight-time African champions Al Ahly will play against Zambian champions at the Levy Mwanawasa Stadium in Ndola.

The Cairo “Red Devils” drew 0-0 in Ndola and won 1-0 in Cairo against Zesco in the pre-group stage in 2011.

Egypt vs Czech Republic at FIVB Volleyball World League

Egypt will face Czech Republic in the FIVB Men’s Volleyball World League 2016 on Friday.

The 2016 FIVB Volleyball World League is a shortened version of the competition to accommodate teams taking part in the Rio 2016 Olympic Games.

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