UPDATE: Egypt Politics digest Aug.21: Egypt condemns Turkey’s Gaziantep attack
Family members and friends of victims of suicide bombing at a wedding celebration attend their funeral ceremony in the southern Turkish city of Gaziantep, Turkey, August 21, 2016. REUTERS/Osman Orsal
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CAIRO: No more browsing from site to site, view the top political news stories on August 21 here:

Egypt condemns Turkey’s Gaziantep attack

The Egyptian Foreign Ministry has condemned the terrorist attack that targeted a wedding party in the southern Turkish city of Gaziantep on Saturday.

“The Egyptian people stand in solidarity with the Turkish nation in these hard moments,” the ministry said in an official statement.

Death toll from the attack, which took place in the Beybahce neighborhood of the Gaziantep, has risen to 50 people, according to the regional governor’s office.

“Egypt maintains its position against terrorism, which terrifies innocent people and spreads chaos without differentiating between religion or race,” the statement added.

No group has claimed responsibility for the attack.

 

Government to prepare report on SMEs nationwide

The government is preparing a report on the small and medium-sized enterprises (SMEs) that have been recently accomplished across the country, cabinet sources told Youm7 on Sunday.

The move comes after International Cooperation Minister Sahar Nasr stated on Sunday that government grants worth a total of three million EGP ($334,000) have been allocated so far to support SMEs in Egypt’s Sinai region.

The report will be presented to President Abdel Fatah al Sisi, said the source.

Prime Minister Sherif Ismail will meet with concerned ministers, including those of trade, industry and international cooperation to discuss a deadline for the report.

 

Egypt’s PM, Apache delegation talk boosting oil, gas investments

Prime Minister Sherif Ismail met Sunday with a delegation from US petroleum Company Apache and discussed the possibility of an expansion of the company’s activities in Egypt, Youm7 reported.

During the meeting, Ismail asserted the government’s concern in attracting more investments in the oil and gas fields through providing new areas to increase the research and exploration operations nationwide.

The meeting was attended by Minister of Petroleum Tarek al Molla.

Apache is an American company specialized in the field of petroleum, with over $10 billion in investments in Egypt.

 

MP calls for restructuring to subsidy system in Egypt

Member of Parliament Mohamed Ali called for restructuring the subsidy system in Egypt to guarantee it benefits those who deserve it, Youm7 reported.

Ali justified his statements by saying that most of those who benefit from fuel subsidy are the rich rather than the low-income citizens.

 

MP: 50% of Egyptians not entitled to subsidy system

MP Essam el-Safy suggested the state cuts subsidy for those whose salaries reach 5,000 EGP and farmers who own more than five feddans.

El-Safy said that there are traders who are benefiting from the subsidy system, claiming that 50 percent of Egyptians are not entitled to subsidy.

 

Parliament to vote on VAT act Sunday

The Planning and Balancing committee at the parliament will hold a final voting session Sunday on the draft law of the value-added taxes.

 

Sisi, Japan’s parliament official discuss bilateral cooperation

President Abdel Fatah al-Sisi is scheduled to meet with the Japanese Parliamentary Vice-Minister for Foreign Affairs Motome Takisawa, where they are set to discuss bilateral cooperation in different fields.

The meeting will be held at the Presidential palace in Heliopolis, Cairo.

 

Parliament to discuss possible facilities for small enterprises

Parliament is scheduled to discuss Sunday with the Minister of Industry possible facilities to be provided for infinitely small projects, Youm7 quoted MP Hala Abu el-Saad, the undersecretary of the committee concerned with small and medium enterprises.

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