Wrap-up of Egypt’s top news June 19: Sisi demands no more loan unless Cairo affords
Sisi inaugurates al-Asmarat Project for building new housing units for slum inhabitants at Cairo’s Moqattam
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Business

Sisi demands no more loans unless Cairo can afford

President Abdel Fatah al-Sisi requested International Cooperation Minister Sahar Nasr that Egypt approves no more loans unless it is certain the country would be able to pay back. Nasr said the rate of withdrawal from Egypt’s financing portfolio has increased from 10% to 44% to implement major projects, especially those with a societal aspect.

A total of 70 agreements have been signed in 2015-2016, and for housing projects the World Bank provided Egypt with $500 million while the African Development Bank provided $300 to fund projects to develop slums, a presidential statement quoted Nasr as saying.

Asyut, Midor labs to increase diesel, benzene production into 3.5m tons yearly

Refining Labs of Asyut and Midor for producing diesel and benzene will be developed at investments worth $3 billion in the next three years to increase the production to 3.5 million tons a year, according to a aSunday report by the Ministry of Planning.

Politics

Memory units of EgyptAir plane recorders detached, dried

The memory units of the cockpit recorder and the flight data recorder have been detached from the black boxes and it took eight hours to dry them at the technical research center of the Armed Forces in presence of the investigation committee of the EgyptAir Mediterranean plane crash. The French representative specialized in handling plane recorders was present during the process, according to a Sunday statement by the committee.

Parliament to revoke law on president appointing university heads

The parliament will amend a 2014 law that tasks the president with appointing heads of universities and deans of faculties so they can be appointed in other ways, head of the Education and Scientific Research Committee Gamal Shiha said Sunday.

There are eight universities without heads and more than 250 faculties without deans because of that law because the president “does not have time for this,” Shiha said, adding that the amendment will be temporary until a societal dialogue is held on means to fill such positions.

Egypt slams Qatar’s interference into domestic affairs over ‘espionage case’

Egyptian Ministry of Foreign Affairs condemned Qatari interference  into the Egyptian domestic affairs after Qatar denounced mentioning itse in the verdict issued Saturday by Cairo Criminal Court in the case known as ‘espionage for Qatar’.  The court has sentenced former Islamist President Mohamed Morsi to 40 years in jail and upheld death to six other convicts over charges of “leaking top secret information about the state’s national security to Qatar-owned al-JAzeera channel.
Local

Food subsidies increased by 20% in Ramadan: Supply Minister

Sisi met with Supply Minister Khaled Hanafy to discuss means to pump food commodities into the market during Ramadan. Hanafy said subsidies on foods have increased by 20$ in June to counter inflation and rising prices. The minister also presented projects with charities and agricultural producers to open venues to sell their goods and reduced prices, according to a presidential statement.

Curivo registers Hepatitis C recovery of 97%-100%

The recovery rate of Hepatitis C patients who have been treated with Curivo reaches 97%-100%, experts of liver diseases told Youm7. Around 2,000 patients have been treated by Curivo, some have completed the 3-month regime and others still have a month or two to finish, Youm7 reported.

17th A/C carriage operates on oldest metro line

The Metro Company is set to operate Sunday the 17th air-conditioned carriage on the first line running from Helwan, south of Cairo, to El-Marg district. The new imported carriages are part of a South Korean deal to export 20 trains purchased from Hyundai Rotem for 2.2 billion EGP ($288.8 million.)

Culture

Tutankhamun’s Mortuary artifacts to transported to EGM by end of 2016

A set of archeological artifacts of Tutankhamun’s Mortuary that are being exhibited at the Egyptian Museum will transported to the under-construction Egyptian Grand Museum at the end of this year, announced Minister of Antiquities  Khaled al-Anani Saturday.

Workshop of drawing clothes at Sultan Al-Ghuri Complex

Celebrating the holy month of Ramadan during which the Muslims fast worldwide, Egypt’s General Organization of Culture Palaces (GOCP) will hold a workshop on drawing clothes at the Sultan Al-Ghuri Complex in Mu’izz li-Din Allah street in Cairo.

Sports

Al Ahly central midfielder Hossam Ghali recieves an offer to play in  American league – Youm7

Al Ahly central midfielder Hossam Ghali had received an offer  for playing in the American League. Ghali confirmed that he had received several offers  which he refused and expressed his desire to continue to play for Ahly and not leave for any club.

Enyimba no fear against zamalek insists coach – africanfootball.com

Enyimba coach Paul Aigbogun has insisted they will have no fear when they come face-to-face with Egypt’s Zamalek in today’s CAF Champions League Group B clash in Port Harcourt.

The Nigerian champions are up against the five-time African champions at the Adokiye Amasiemaka Stadium in Port Harcourt and despite playing aagainst a team with Zamalek’s reputation, Aigbogun has maintained they will not be intimidated.

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